Financials · VLTO

Veralto Corp (VLTO) financials

For the twelve months ended Oct 2, 2026, Veralto Corp reported $5.80B of revenue and $1.00B of net income.

Revenue, TTM
$5.80B
Revenue growth, YoY
+6.4%
Net income, TTM
$1.00B
Net income growth, YoY
+9.7%
Net margin
17.3%
Free cash flow, TTM
$1.09B
EPS, diluted, TTM
$4.05
EPS growth, YoY
+11.0%
Cash
$1.78B
Total debt
$2.92B
P/E
28.41
P/S
4.91
Market cap
$28.47B
Annual revenue$5.50B
FY2021FY2025
Annual net income$940.00M
FY2021FY2025
Annual free cash flow$1.01B
FY2021FY2025

VLTO revenue and earnings growth

VLTO revenueQ3 2026$1.51B

Quarter YoY
+7.5%
QoQ
+2.4%
FY YoY
+6.0%

VLTO revenue was $1.51B in fiscal Q3 2026 (ended Oct 2, 2026), up 7.5% from a year earlier and up 2.4% from the prior quarter. For the full fiscal 2025 it was $5.50B, up 6.0% from fiscal 2024. It rose in each of the last 4 fiscal years. Fiscal 2025 is the highest of the 5 fiscal years on file.

VLTO net incomeQ3 2026$253.00M

Quarter YoY
+5.9%
QoQ
+5.0%
FY YoY
+12.8%

VLTO net income was $253.00M in fiscal Q3 2026 (ended Oct 2, 2026), up 5.9% from a year earlier and up 5.0% from the prior quarter. For the full fiscal 2025 it was $940.00M, up 12.8% from fiscal 2024. It rose in 1 of the last 4 fiscal years. Fiscal 2025 is the highest of the 5 fiscal years on file.

VLTO EPSQ3 2026$1.03

Quarter YoY
+8.4%
QoQ
+5.1%
FY YoY
+12.6%

VLTO diluted EPS was $1.03 in fiscal Q3 2026 (ended Oct 2, 2026), up 8.4% from a year earlier and up 5.1% from the prior quarter. For the full fiscal 2025 it was $3.76, up 12.6% from fiscal 2024.

VLTO free cash flowQ3 2026$304.00M

Quarter YoY
+17.8%
QoQ
-7.3%
FY YoY
+23.7%

VLTO free cash flow was $304.00M in fiscal Q3 2026 (ended Oct 2, 2026), up 17.8% from a year earlier and down 7.3% from the prior quarter. For the full fiscal 2025 it was $1.01B, up 23.7% from fiscal 2024. It rose in 2 of the last 4 fiscal years. Fiscal 2025 is the highest of the 5 fiscal years on file.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue$5.50B$5.19B$5.02B$4.87B$4.70B
Cost of revenue$2.20B$2.09B$2.12B$2.11B$1.99B
Gross profit$3.30B$3.10B$2.90B$2.76B$2.71B
Research and development$266.00M$253.00M$225.00M$217.00M$244.00M
Selling, general and admin$1.76B$1.64B$1.54B$1.43B$1.43B
Operating income$1.28B$1.21B$1.14B$1.11B$1.04B
Interest expense$96.00M$113.00M$30.00M$0$0
Pre-tax income$1.17B$1.09B$1.10B$1.11B$1.05B
Income tax$233.00M$253.00M$257.00M$268.00M$186.00M
Net income$940.00M$833.00M$839.00M$845.00M$861.00M
EPS, basic$3.79$3.37$3.41$3.43$3.50
EPS, diluted$3.76$3.34$3.40$3.43$3.50
Diluted shares250.3M249.6M246.8M246.3M246.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Cash and equivalents$2.03B$1.10B$762.00M$0$0
Receivables$897.00M$812.00M$826.00M$816.00M-
Inventory$307.00M$288.00M$297.00M$345.00M-
Current assets$3.43B$2.39B$2.07B$1.28B-
Goodwill$2.84B$2.69B$2.53B$2.48B$2.50B
Total assets$7.69B$6.41B$5.69B$4.83B$4.84B
Current liabilities$2.06B$1.25B$1.26B$1.12B-
Short-term debt$700.00M$0---
Long-term debt$1.97B$2.60B$2.63B$0-
Total debt$2.67B$2.60B$2.63B$0-
Total liabilities$4.59B$4.36B$4.30B$1.58B-
Shareholders' equity$3.10B$2.04B$1.38B$3.23B-

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Operating cash flow$1.08B$875.00M$963.00M$870.00M$896.00M
Capital expenditures$63.00M$55.00M$54.00M$34.00M$54.00M
Free cash flow$1.01B$820.00M$909.00M$836.00M$842.00M
Investing cash flow-$98.00M-$434.00M-$55.00M-$89.00M-$97.00M
Financing cash flow-$102.00M-$65.00M-$135.00M-$781.00M-$799.00M
Dividends paid$109.00M$89.00M$0$0-
Stock-based compensation$74.00M$65.00M$55.00M$41.00M$34.00M
Depreciation and amortization$78.00M$78.00M$87.00M$90.00M$106.00M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue growth, YoY6.0%3.4%3.1%3.6%-
Net income growth, YoY12.8%-0.7%-0.7%-1.9%-
EPS growth, YoY12.6%-1.8%-0.9%-2.0%-
Gross margin59.9%59.8%57.8%56.7%57.7%
Operating margin23.2%23.3%22.7%22.8%22.1%
Net margin17.1%16.0%16.7%17.4%18.3%
Free cash flow margin18.4%15.8%18.1%17.2%17.9%
Return on equity30.3%40.9%60.7%26.1%-
Return on assets12.2%13.0%14.7%17.5%17.8%
Current ratio1.671.921.641.14-
Debt to equity0.861.281.900.00-

Source: XBRL data Veralto Corp files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

VLTO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
VLTO$5.80B+6.4%$1.00B17.3%$28.47B
APH$33.05B+57.6%$5.93B18.0%$184.17B
TER$5.00B+74.9%$1.37B27.5%$34.07B
CLS$18.23B+61.6%$1.25B6.8%$26.06B
FLEX$30.95B+17.5%$1.04B3.4%$25.78B
JBL$35.95B+20.6%$1.04B2.9%$24.62B
HUBB$6.59B+16.0%$908.90M13.8%$22.69B
LFUS$2.76B+18.7%$37.79M1.4%$9.04B
SANM$12.76B+58.6%$308.13M2.4%$7.22B

VLTO FAQ

9 questions
  • What is VLTO revenue?
    Veralto Corp (VLTO) reported $5.80B of revenue for the twelve months ended Oct 2, 2026. That is up 6.4% from the year before. Revenue for fiscal 2025 was $5.50B.
  • Is VLTO profitable?
    Yes. Veralto Corp earned $1.00B in net income for the twelve months ended Oct 2, 2026, a net margin of 17.3%.
  • How much cash and debt does VLTO have?
    Veralto Corp reported $1.78B in cash and cash equivalents and $2.92B of debt on its most recent balance sheet in SEC filings.
  • How fast is VLTO revenue growing?
    Veralto Corp's revenue changed +6.0% in fiscal 2025, to $5.50B.
  • What is VLTO gross margin?
    Veralto Corp's gross profit was $3.49B on $5.80B of revenue for the twelve months ended Oct 2, 2026, a gross margin of 60.2%.
  • What is VLTO free cash flow?
    Veralto Corp generated $1.09B of free cash flow for the twelve months ended Oct 2, 2026, which is operating cash flow of $1.16B less capital expenditures.
  • What is VLTO earnings per share?
    Diluted earnings per share were $4.05 for the twelve months ended Oct 2, 2026, from SEC filings, restated for any stock split those filings show.
  • When did VLTO last report financial results?
    The latest statements here come from Veralto Corp's 10-Q filed on Oct 30, 2026, covering the period ended Oct 2, 2026.
  • Where does this VLTO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Veralto Corp files with the SEC. It is provided for information only and is not investment advice.