What move does the options market price into UL Solutions's report?

Implied ±8.0%, either direction.

ULSNYSEServices-Testing Laboratories

UL Solutions Inc. (ULS) earnings date, market-implied expected move, and options open interest by expiry

74.65

−0.11 · −0.15%

post 76.50 +2.48%

Closed18:10 ET

Open75.14Volume766,466Mkt cap$15.1BP/E30.48EPS2.51Div yield0.76%

Day74.42 – 76.50100%52-wk63.17 – 107.1730%

ULS

UL Solutions Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.0%implied · report alone

69.1381.15

straddle ±9.0%

spot 75.14exp Nov 20ATM strike 75ATM straddle 7.92IV 59%

Nov 2 closereport share · term structure

Expected move

Inputs

Next report

Nov 3

before open · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

−13.96%

shaded = implied · ▲▼ = realized

Aug 4 '26 · confirmed

Implied vs realized

Linked news

6hORCL · supplierStocks making the biggest moves midday: Oracle, SpaceX, Tempus AI, Rivian & more
7hMSFT · supplierLumen and Microsoft expand collaboration to co-sell enterprise AI-ready networks

News

Largest filed tie

13F top-10 QoQ

+3.68%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

390 managers

Top fund weight

0.22%

ULS weight · MDY

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

UL Solutions (ULS) is expected to report on Nov 3 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 4 '26confirmed—▼−13.96%—

quarterimplied−15%0+15%realized×

Q2 FY26—▼−13.96%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.20OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1,844+2%Nov 2018d9,325+1%

5+150%Dec 1846d5.001—5.00

4250%Jan 1574d0.421,020−4%0.42

94+3%Apr 16165d0.42225+12%0.42

ExpiryPutsCallsP/C

Nov 2018d1,844+2%9,325+1%0.20

Dec 1846d5+150%1—5.00

Jan 1574d4250%1,020−4%0.42

Apr 16165d94+3%225+12%0.42

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.0%

Funds 4

MDY±0.0%

REVS±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

31.13%as filednet margin · revenue +7.65% QoQ · +5.15% YoY

Revenue

$816M+7.65% QoQ

Gross profit

$417M+9.45% QoQ

51.10% margin

Operating income

$150M+8.70% QoQ

18.38% margin

Pre-tax income

$338M+162.02% QoQ

Net income

$254M+161.86% QoQ

31.13% margin

Cost of revenue

$399M+5.84% QoQ

Operating expenses

$267M+9.88% QoQ

Tax

$84M+162.50% QoQ

Other income

$188M+2188.89% QoQ

Revenue$816M+7.65%

Gross profit

$417M+9.45%

51.10% margin

Operating income

$150M+8.70%

18.38% margin

Pre-tax income

$338M+162.02%

Net income

$254M+161.86%

31.13% margin

Cost of revenue

$399M+5.84%

Operating expenses

$267M+9.88%

Other income$188M+2188.89%

Tax$84M+162.50%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 18:00 ET

Intraday

Event sensitivity

PPI ×1.38· ±2.1% vs ±1.5% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.1%7 of 11×1.38

FOMCrate decision±1.7%10 of 20×1.11

GDPgross domestic product±1.3%12 of 19×0.88

CPROFcorporate profits±1.2%8 of 12×0.82

NFPjobs report±1.1%4 of 10×0.75

PCEpersonal income & outlays±1.0%9 of 19×0.70

CPIconsumer prices±0.7%6 of 11×0.50

Bar = avg |move| to ±3% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 1.21 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 4 '26 · confirmed	1.21	—
Q1 FY26	—	0.45	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod