Veralto revenue and financials
$96.45Change from previous close: −0.12%Absolute change: −$0.12
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 340 | 182 | 311 | 270 | 339 | 157 | 285 | 224 | 251 | 115 | 263 | 243 |
| Depreciation and amortization | 29.0 | 24.0 | 20.0 | 20.0 | 19.0 | 19.0 | 20.0 | 17.0 | 20.0 | 21.0 | 22.0 | 21.0 |
| Capital expenditure | -12.0 | -12.0 | -20.0 | -12.0 | -16.0 | -15.0 | -22.0 | -9.0 | -11.0 | -13.0 | -22.0 | -11.0 |
| Investing cash flow | -206 | -439 | -35.0 | -12.0 | -40.0 | -11.0 | -394 | -6.0 | -11.0 | -23.0 | -22.0 | -14.0 |
| Financing cash flow | 558 | -332 | -25.0 | -36.0 | -15.0 | -26.0 | -16.0 | -16.0 | -13.0 | -20.0 | 97.0 | 206 |
| Dividends paid | -32.0 | -32.0 | -27.0 | -28.0 | -27.0 | -27.0 | -22.0 | -23.0 | -22.0 | -22.0 | — | — |
| Share repurchases | -134 | -300 | — | — | — | — | — | — | — | — | — | — |
| Debt issued | 719 | — | — | — | — | — | — | — | — | — | — | 2,608 |
| Effect of exchange rates | -4.0 | -11.0 | 5.0 | -6.0 | 36.0 | 18.0 | -41.0 | 22.0 | -11.0 | -7.0 | -2.0 | -9.0 |
| Net change in cash | 688 | -600 | 256 | 216 | 320 | 138 | -166 | 224 | 216 | 65.0 | 336 | 426 |
| Free cash flow | 328 | 170 | 291 | 258 | 323 | 142 | 263 | 215 | 240 | 102 | 241 | 232 |
| Levered free cash flow | 274 | 88.3 | 189 | 256 | 235 | 135 | 230 | 177 | 231 | 134 | 312 | 224 |