Friday 6 November 2026 Export VLTO’s income statement to Excel — free account

Veralto Corporation

VLTO Industrials Pollution & Treatment Controls

Veralto Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 5.97% from fiscal 2024.

Revenue: +7.48%
EPS: +8.33%
Free cash flow: +17.8%
Total debt: +9.28%

Quarter to September 2026, against a year earlier

116.44 0.58 −0.50%

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Market cap: $28.3B
P/E: 28.6×
Fwd P/E: 27.2×
Dividend yield: 0.45%
F-score: 5/9
Altman Z: 5.04
Beneish M: −2.47
Dividend safety: 84/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Veralto Corporation (VLTO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Water Quality	3,321	60.35%
Product Quality & Innovation	2,182	39.65%
Gross margin		59.95%
Operating margin		23.21%
Pre-tax margin		21.32%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021
Recurring	3,359 61.04%	3,149 60.64%	2,954 58.83%	2,859 58.71%	2,660 56.60%
Nonrecurring	2,144 38.96%	2,044 39.36%	2,067 41.17%	2,011 41.29%	2,040 43.40%
Revenue	5,503	5,193	5,021	4,870	4,700

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021
Water Quality	3,321 60.35%	3,138 60.43%	3,039 60.53%	2,887 59.28%	2,669 56.79%
Product Quality & Innovation	2,182 39.65%	2,055 39.57%	1,982 39.47%	1,983 40.72%	2,031 43.21%
Revenue	5,503	5,193	5,021	4,870	4,700

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021
Water Quality	‡	‡	‡	‡	‡
Product Quality & Innovation	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021
North America	2,639 47.96%	2,493 48.01%	2,353 46.86%	2,260 46.41%	2,054 43.70%
High-growth markets	1,505 27.35%	1,436 27.65%	1,430 28.48%	1,428 29.32%	1,428 30.38%
Western Europe	1,241 22.55%	1,149 22.13%	1,120 22.31%	1,059 21.75%	1,099 23.38%
Other developed markets	118 2.14%	115 2.21%	118 2.35%	123 2.53%	119 2.53%
Revenue	5,503	5,193	5,021	4,870	4,700

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q3 FY2026	$340.0M	$321.0M	+5.92%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.