Veralto Corp
VLTO- Exchange
- NYSE
- Industry
- Instruments For Meas & Testing of Electricity & Elec Signals
- SEC CIK
- 0001967680
In the last 90 days, Veralto Corp insiders filed 0 open-market purchases and 5 sales; 997 institutions reported holding it in 13F filings for Q2 2026, worth $21.2B in total; superinvestors Gates Foundation Trust and Weitz Investment Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 31, 2026, 1:14 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 6, 2024 |
| Revenue | $5.50B | $5.19B | $5.02B |
| Cost of revenue | $2.20B | $2.09B | $2.12B |
| Gross profit | $3.30B | $3.10B | $2.90B |
| Research and development | $266.0M | $253.0M | $225.0M |
| Selling, general and administrative | $1.76B | $1.64B | $1.54B |
| Operating income | $1.28B | $1.21B | $1.14B |
| Interest expense | – | – | $30.0M |
| Income tax | $233.0M | $253.0M | $257.0M |
| Net income | $940.0M | $833.0M | $839.0M |
| EPS, basic | $3.79 | $3.37 | $3.41 |
| EPS, diluted | $3.76 | $3.34 | $3.40 |
| Weighted shares, basic | 248.3M | 247.3M | 246.4M |
| Weighted shares, diluted | 250.3M | 249.6M | 246.8M |
| Margins and growth | |||
| Gross margin | 59.9% | 59.8% | 57.8% |
| Operating margin | 23.2% | 23.3% | 22.7% |
| Net margin | 17.1% | 16.0% | 16.7% |
| Revenue growth, year over year | +6.0% | +3.4% | – |
| Net income growth, year over year | +12.8% | −0.7% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 6, 2024 |
| Cash and equivalents | $2.03B | $1.10B | $762.0M |
| Accounts receivable | $897.0M | $812.0M | $826.0M |
| Inventory | $307.0M | $288.0M | $297.0M |
| Total current assets | $3.43B | $2.39B | $2.07B |
| Property, plant and equipment | $294.0M | $268.0M | $262.0M |
| Goodwill | $2.84B | $2.69B | $2.53B |
| Intangible assets | $524.0M | $535.0M | $427.0M |
| Total assets | $7.69B | $6.41B | $5.69B |
| Short-term debt | $700.0M | – | – |
| Total current liabilities | $2.06B | $1.25B | $1.26B |
| Long-term debt | $1.97B | $2.60B | $2.63B |
| Shareholders' equity | $3.11B | $2.04B | $1.39B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Feb 6, 2024 |
| Operating cash flow | $1.08B | $875.0M | $963.0M |
| Capital expenditures | $63.0M | $55.0M | $54.0M |
| Free cash flow | $1.01B | $820.0M | $909.0M |
| Depreciation and amortization | $78.0M | $78.0M | $87.0M |
| Stock-based compensation | $74.0M | $65.0M | $55.0M |
| Dividends paid | $109.0M | $89.0M | – |
| Investing cash flow | -$98.0M | -$434.0M | -$55.0M |
| Financing cash flow | -$102.0M | -$65.0M | -$135.0M |
| Net change in cash | $930.0M | $339.0M | $762.0M |
| Ratio | |||
| Stock-based compensation, % of revenue | 1.3% | 1.3% | 1.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 20, 2026 | 243.1M | −2.1% | SEC |
| Jul 21, 2026 | 243.8M | −1.8% | SEC |
| Apr 21, 2026 | 245.6M | −0.9% | SEC |
| Feb 13, 2026 | 247.8M | +0.1% | SEC |
| Oct 22, 2025 | 248.3M | +0.4% | SEC |
| Jul 22, 2025 | 248.2M | +0.4% | SEC |
| Apr 22, 2025 | 247.9M | +0.4% | SEC |
| Feb 14, 2025 | 247.6M | +0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.