UL Solutions Inc.

For the period ended Sep 30, 2025. Filed Nov 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 4, 2025

ULS$81.56+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

(in millions, except share and per share data)	September 30, 2025	December 31, 2024
Assets
Current assets:
Cash and cash equivalents	$255	$298
Accounts receivable, net of allowance of $13 and $9	386	380
Contract assets, net of allowance of $2 and $1	237	182
Other current assets	117	61
Total current assets	995	921
Property, plant and equipment, net of accumulated depreciation of $869 and $772	663	631
Goodwill	655	633
Intangible assets, net of accumulated amortization of $253 and $239	52	58
Operating lease right-of-use assets	184	186
Deferred income taxes	99	108
Capitalized software, net of accumulated amortization of $475 and $427	111	127
Other assets	139	136
Total Assets	$2,898	$2,800
Liabilities and Stockholders’ Equity
Current liabilities:
Current portion of long-term debt	$—	$50
Accounts payable	151	182
Accrued compensation and benefits	254	254
Operating lease liabilities - current	42	38
Contract liabilities	255	162
Other current liabilities	47	54
Total current liabilities	749	740
Long-term debt	544	692
Pension and postretirement benefit plans	146	196
Operating lease liabilities	150	155
Other liabilities	89	86
Total Liabilities	1,678	1,869
Commitments and contingencies (Note 15)
Stockholders’ equity:
Class A common stock, $0.001 per share, 62,753,178 and 62,044,493 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	—	—
Class B common stock, $0.001 per share, 138,130,000 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	—	—
Additional paid-in capital	866	821
Retained earnings	429	250
Accumulated other comprehensive loss	(102)	(167)
Total stockholders’ equity before non-controlling interests	1,193	904
Non-controlling interests	27	27
Total Stockholders’ Equity	1,220	931
Total Liabilities and Stockholders’ Equity	$2,898	$2,800

UL Solutions Inc.

Condensed Consolidated Statements of Stockholders’ Equity

(Unaudited)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.