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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,474 | 1,422 | 1,396 | 1,404 | 1,371 | 1,332 | 1,345 | 1,314 | 1,288 | 1,246 | 1,288 | 1,255 |
| Cost of revenue | 572 | 568 | 568 | 560 | 549 | 527 | 544 | 531 | 514 | 499 | 542 | 532 |
| Gross profit | 902 | 854 | 828 | 844 | 822 | 805 | 801 | 783 | 774 | 747 | 746 | 723 |
| Selling, general and administrative | 514 | 448 | 443 | 451 | 442 | 419 | 424 | 412 | 414 | 394 | 390 | 395 |
| Research and development | 73.0 | 68.0 | 68.0 | 67.0 | 67.0 | 64.0 | 69.0 | 63.0 | 61.0 | 60.0 | 57.0 | 55.0 |
| Operating income | 315 | 338 | 317 | 326 | 313 | 322 | 308 | 308 | 299 | 293 | 299 | 273 |
| EBIT | 315 | 338 | 317 | 326 | 313 | 322 | 308 | 308 | 299 | 293 | 299 | 273 |
| EBITDA | 344 | 362 | 337 | 346 | 332 | 341 | 328 | 325 | 319 | 314 | 321 | 294 |
| Interest expense | 27.0 | 24.0 | 20.0 | 21.0 | 28.0 | 27.0 | 28.0 | 27.0 | 30.0 | 28.0 | 25.0 | 5.0 |
| Pre-tax income | 289 | 321 | 293 | 306 | 285 | 289 | 280 | 286 | 270 | 250 | 261 | 268 |
| Income tax | 48.0 | 67.0 | 39.0 | 67.0 | 63.0 | 64.0 | 53.0 | 67.0 | 67.0 | 66.0 | 61.0 | 63.0 |
| Net income | 241 | 254 | 254 | 239 | 222 | 225 | 227 | 219 | 203 | 184 | 200 | 205 |
| Net income to common shareholders | 241 | 254 | 254 | 239 | 222 | 225 | 227 | 219 | 203 | 184 | 200 | 205 |
| Basic EPS | 0.98 | 1.03 | 1.02 | 0.96 | 0.89 | 0.91 | 0.92 | 0.89 | 0.82 | 0.75 | 0.81 | 0.83 |
| Diluted EPS | 0.98 | 1.02 | 1.02 | 0.95 | 0.89 | 0.90 | 0.91 | 0.88 | 0.81 | 0.74 | 0.81 | 0.83 |
| Average shares (basic) | 245 | 248 | 249 | 249 | 248 | 248 | 248 | 247 | 247 | 247 | 247 | 246 |
| Average shares (diluted) | 246 | 249 | 251 | 251 | 250 | 250 | 250 | 250 | 249 | 249 | 248 | 246 |
| Dividend per share | 0.13 | 0.13 | 0.13 | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 | 0.09 | 0.09 | 0.09 | — |
