UL Solutions surges as safety testing demand drives double-digit profit growth

UL Solutions (NYSE:ULS) delivered a powerful performance in its first quarter of 2026, characterized by high organic growth and a sharp expansion in profitability that exceeded market expectations.

The Northbrook, Illinois-based leader in safety science reported total revenue of $758 million, a 7.5% increase over the previous year.

This growth was primarily fueled by a 5.7% rise in organic revenue, as manufacturers globally sought UL certification for new technologies in electrification, renewable energy, and connected industrial devices.

The company’s bottom line saw even more dramatic gains.

Net income rose 36.6% to $97 million, while adjusted diluted earnings per share (EPS) hit $0.50—a 35.1% increase year-over-year.

A key highlight of the report was the significant expansion of the adjusted EBITDA margin, which climbed 320 basis points to 26%, driven by operational efficiencies and a favorable shift toward high-value service offerings.