VLTO · XBRL financial data
Veralto financial statements, every fiscal year
The same tables from 3 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (VLTO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue from contracts with customers | 5,021 | 5,193 | 5,503 |
| Cost of goods and services sold | 2,120 | 2,088 | 2,204 |
| Gross profit | 2,901 | 3,105 | 3,299 |
| Research and development | 225 | 253 | 266 |
| Selling, general and administrative | 1,536 | 1,644 | 1,756 |
| Operating income (loss) | 1,140 | 1,208 | 1,277 |
| Interest expense | 30 | 113 | 96 |
| Other income (expense) | (14) | (9) | (8) |
| Income tax expense (benefit) | 257 | 253 | 233 |
| Net income (loss) | 839 | 833 | 940 |
| Earnings per share, basic USD per share | 3.41 | 3.37 | 3.79 |
| Earnings per share, diluted USD per share | 3.40 | 3.34 | 3.76 |
| Weighted average shares, basic millions of shares | 246 | 247 | 248 |
| Weighted average shares, diluted millions of shares | 247 | 250 | 250 |
Balance sheet
CSVFiscal years (VLTO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 762 | 1,101 | 2,031 |
| Accounts receivable | 826 | 812 | 897 |
| Inventory | 297 | 288 | 307 |
| Prepaid and other current assets | 188 | 186 | 197 |
| Total current assets | 2,073 | 2,387 | 3,432 |
| Property and equipment, net | 262 | 268 | 294 |
| Right-of-use asset | 144 | 159 | 195 |
| Goodwill | 2,533 | 2,693 | 2,838 |
| Total assets | 5,693 | 6,406 | 7,693 |
| Accrued liabilities | 834 | 850 | 940 |
| Current portion of long-term debt | — | 0 | 700 |
| Total current liabilities | 1,265 | 1,245 | 2,056 |
| Long-term debt | 2,629 | 2,599 | 1,973 |
| Lease liability, non-current | 115 | 129 | 158 |
| Retained earnings | 178 | 917 | 1,744 |
| Total stockholders' equity | 1,383 | 2,038 | 3,105 |
| Total liabilities and equity | 5,693 | 6,406 | 7,693 |
| Common shares outstanding (cover page) millions of shares | 247 | 248 | 248 |
Cash flows
CSVFiscal years (VLTO's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | 839 | 833 | 940 |
| Stock-based compensation | 55 | 65 | 74 |
| Depreciation and amortization | 87 | 78 | 78 |
| Net cash from operating activities | 963 | 875 | 1,077 |
| Purchases of property and equipment | 54 | 55 | 63 |
| Net cash from investing activities | (55) | (434) | (98) |
| Dividends paid | 0 | 89 | 109 |
| Proceeds from long-term debt | 2,608 | — | — |
| Net cash from financing activities | (135) | (65) | (102) |
| Net change in cash | 762 | 339 | 930 |
Compare with peers
SIC 3825 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3825 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Veralto | 1,785 | 1,509 | 323* | 243.1M | 10-QOct 2, 2026 |
| Agilent Technologies | 1,758 | 1,878 | 519* | 281.9M | 10-QJul 31, 2026 |
| Mettler Toledo International | 51 | 1,027 | 310* | 20.0M | 10-QJun 30, 2026 |
| Rockwell Automation | 479 | 2,313 | 724* | 111.0M | 10-QJun 30, 2026 |
| Waters | 539 | 1,645 | 201* | 98.2M | 10-QJul 4, 2026 |
| Coherent | 1,162 | 2,046* | 69* | 195.8M | 10-KJun 30, 2026 |
| Trimble | 214 | 972 | 240* | 233.2M | 10-QJul 3, 2026 |
| Fortive | 377 | 1,108 | 313* | 297.6M | 10-QOct 2, 2026 |
| Keysight Technologies | 2,605 | 1,846 | 437* | 170.2M | 10-QJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.