ULS: revenue $816.0M, net income $246.0M. ULS net income +170% on non-operating gain; sold EHS software, acquiring E&E for €575M

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read

Key Changes

• high

  Net income surged 170% to $246M vs operating income +8% to $150M, driven by $144M net below-the-line contribution (non-operating/other +$202M, income tax -$56M, noncontrolling interest -$2M). The $191M gain from the April EHS software divestiture is the dominant component.

  MD&A: Results of Operations verify on EDGAR →
• high

  Notes: Business Combinations and Divestitures view on EDGAR →
• high

  Agreed to sell 28% DQS equity stake for ~€105M (~$115M), expected to close H2 2026 with ~$100M pre-tax gain. Combined with EHS proceeds, portfolio rationalization generates cash to fund the larger E&E acquisition.

  Notes: Equity Method Investments view on EDGAR →