Financial research concept

Testing & Certification Risk & Compliance Software Adjusted EBITDA Margin

measures Risk & Compliance Software adjusted EBITDA as a percentage of segment revenue.

By Lee BaileyPublished Oct 1, 2026
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Research date
Oct 1, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context
10 connected conceptsPart of the reviewed Testing, Inspection & Certification Economics; issuer definitions remain distinct where disclosed.
Company examples
1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Testing & certification Risk & Compliance Software adjusted EBITDA margin measures segment adjusted EBITDA as a percentage of segment revenue.

UL Solutions reported a 23.1% adjusted EBITDA margin for Risk & Compliance Software in the second quarter of 2026, up from 22.2% a year earlier. Adjusted EBITDA was $12M on $52M of revenue.

Margin improved despite reported revenue contraction

Reported segment revenue declined because of the Employee Health and Safety software divestiture, while organic revenue still grew 4.8%.

That makes the margin change more informative when read with the revenue bridge.

The segment is narrower after the 2026 reorganization

Advisory moved into Industrial, leaving the renamed Risk & Compliance Software segment.

Compare it with Risk & Compliance Software organic revenue growth and software revenue mix.

Primary source: UL Solutions Q2 2026 SEC-filed earnings release.

Part of the Testing, Inspection & Certification Economics

Connects UL Solutions segment organic growth, segment adjusted EBITDA conversion, and major-service revenue mix.

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