Veralto Corp.
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 | — | — | — | — | — | — |