Financial research concept

Testing & Certification Software Revenue Mix

measures software revenue as a percentage of total UL Solutions revenue.

By Lee BaileyPublished Oct 1, 2026

Research context

See what supports this page, how current it is, and where comparable or historical context is available.

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.

Software service-category revenue is broader than segment organic growth
A smaller reported mix can coexist with organic growth
Part of the Testing, Inspection & Certification Economics
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Testing & certification software revenue mix measures software revenue as a percentage of total UL Solutions revenue.

Software generated $61M, or approximately 7.5% of revenue, in the second quarter of 2026, down from $70M a year earlier.

Software service-category revenue is broader than segment organic growth

UL Solutions separately reports Risk & Compliance Software as a segment, with its own divestiture-adjusted organic-growth bridge.

The service-category view and segment view therefore answer different investor questions.

A smaller reported mix can coexist with organic growth

Risk & Compliance Software organic revenue grew 4.8%, while reported software revenue was lower year over year after portfolio changes.

Compare it with Risk & Compliance Software organic revenue growth and Risk & Compliance Software adjusted EBITDA margin.

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.

Browse the full operating model in Company Analysis →

Where this concept fits

Major service revenue mixCurrent relationship
Certification Testing, Ongoing Certification Services, Non-certification Testing and Other Services, and Software show service composition across the business separately from reportable-segment economics.
Certification Testing Revenue Mix Non-Certification Testing Mix Ongoing Certification Services MixSoftware Revenue MixCurrent concept
Segment organic growth
Industrial, Consumer, and Risk & Compliance Software organic growth separate underlying revenue change from acquisition, divestiture, and foreign-exchange effects under UL Solutions' issuer-defined bridge.
Consumer Organic Growth Industrial Organic Growth Risk & Compliance Software Organic Growth
Segment adjusted EBITDA conversion
Industrial, Consumer, and Risk & Compliance Software adjusted EBITDA margins show how segment revenue converts under UL Solutions' non-GAAP add-backs and 2026 reporting structure.
Consumer Adjusted EBITDA Margin Industrial Adjusted EBITDA Margin Risk & Compliance Software Margin

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

ULSOpen operating-model research →10 of 10 reviewed concepts in Testing, Inspection & Certification EconomicsMajor service revenue mix4 of 4 bridge concepts supportedContinue through this bridge:Certification Testing Revenue Mix Non-Certification Testing Mix Ongoing Certification Services Mix

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Compare testing & certification economics

Compare software service-category mix separately from Risk & Compliance Software segment organic growth and portfolio changes.

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