UL Solutions annual gross margin
2022
2023
2024
2025
UL Solutions Gross Margin Growth & History (ULS)
UL Solutions's gross margin was 49.46% for fiscal 2025.
View full UL Solutions company overviewUL Solutions annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 49.46% | +0.96 pp |
| 2024 | 2024-12-31 | 48.50% | +0.56 pp |
| 2023 | 2023-12-31 | 47.95% | +0.05 pp |
| 2022 | 2022-12-31 | 47.90% | — |
UL Solutions quarterly gross margin
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 51.10% | +1.88 pp |
| Q1 2026 | 2026-03-31 | 50.26% | +2.04 pp |
| Q4 2025 | 2025-12-31 | 49.94% | +2.71 pp |
| Q3 2025 | 2025-09-30 | 50.32% | +1.35 pp |
| Q2 2025 | 2025-06-30 | 49.23% | −0.91 pp |
| Q1 2025 | 2025-03-31 | 48.23% | +0.62 pp |
| Q4 2024 | 2024-12-31 | 47.23% | +0.30 pp |
| Q3 2024 | 2024-09-30 | 48.97% | −0.14 pp |
| Q2 2024 | 2024-06-30 | 50.14% | +1.23 pp |
| Q1 2024 | 2024-03-31 | 47.61% | +0.87 pp |
| Q4 2023 | 2023-12-31 | 46.93% | — |
| Q3 2023 | 2023-09-30 | 49.11% | — |
| Q2 2023 | 2023-06-30 | 48.91% | — |
| Q1 2023 | 2023-03-31 | 46.74% | — |
UL Solutions gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, UL Solutions's gross margin increased from 47.90% to 49.46%, a change of +1.56 percentage points. The latest reported quarter, Q2 2026, shows 51.10%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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