Veralto Corp.

VLTO ·Technology, Scientific & Technical Instruments, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021
Revenue $5.50B $5.19B $5.02B $4.89B $4.68B
Water Quality $3.07B $2.99B $2.84B
Product Quality & Innovation $1.94B $1.91B $1.83B
Cost of Revenue $2.20B $2.09B $2.12B $2.11B $1.99B
Gross Profit $3.30B $3.11B $2.90B $2.76B $2.71B
Gross Margin 59.9% 59.8% 57.8% 56.4% 58.0%
Operating Expenses
Research & Development $266.0M $253.0M $225.0M $217.0M $244.0M
SG&A Expense $1.76B $1.64B $1.54B $1.43B $1.43B
Operating Income $1.28B $1.21B $1.14B $1.11B $1.04B
Operating Margin 23.2% 23.3% 22.7% 22.7% 22.3%
Interest Expense $30.0M $0 $0
Pretax Income $1.17B $1.09B $1.10B $1.11B $1.05B
Income Tax Expense $233.0M $253.0M $257.0M $268.0M $186.0M
Net Income $940.0M $833.0M $839.0M $845.0M $861.0M
Net Margin 17.1% 16.0% 16.7% 17.3% 18.4%
EPS (Basic) $3.79 $3.37 $3.41 $3.43 $3.50
EPS (Diluted) $3.76 $3.34 $3.40 $3.43 $3.50
Shares Outstanding (Basic) 247.8M 248.3M 247.3M 246.4M 246.3M 246.3M
Shares Outstanding (Diluted) 247.8M 250.3M 249.6M 246.8M 246.3M 246.3M
Dividends Per Share