Veralto revenue and financials
$94.68Change from previous close: +0.08%Absolute change: +$0.08
In the fiscal year ended December 2025, Veralto reported revenue of $5.5B (+5.97% year over year). Net income was $940M, a net margin of 17.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.97%
- 2025 vs 2024
- Net income growth
- +12.85%
- 2025 vs 2024
- Net margin
- 17.1%
- 2024: 16.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 5,503 | 5,193 | 5,021 | 4,870 | 4,700 |
| Cost of revenue | 2,204 | 2,088 | 2,120 | 2,110 | 1,987 |
| Gross profit | 3,299 | 3,105 | 2,901 | 2,760 | 2,713 |
| Selling, general and administrative | 1,756 | 1,644 | 1,536 | 1,431 | — |
| Research and development | 266 | 253 | 225 | 217 | 244 |
| Operating income | 1,277 | 1,208 | 1,140 | 1,112 | 1,041 |
| EBIT | 1,269 | 1,199 | 1,126 | 1,113 | — |
| EBITDA | 1,347 | 1,277 | 1,213 | 1,203 | — |
| Interest expense | 96.0 | 113 | 30.0 | 0.0 | 0.0 |
| Pre-tax income | 1,173 | 1,086 | 1,096 | 1,113 | — |
| Income tax | 233 | 253 | 257 | 268 | 186 |
| Net income | 940 | 833 | 839 | 845 | 861 |
| Net income to common shareholders | 940 | 833 | 839 | 845 | — |
| Basic EPS | 3.79 | 3.37 | 3.41 | 3.43 | 3.50 |
| Diluted EPS | 3.76 | 3.34 | 3.40 | 3.43 | 3.50 |
| Average shares (basic) | 248 | 247 | 246 | 245 | — |
| Average shares (diluted) | 250 | 250 | 247 | 246 | 246 |
