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VLTO financial statements

The full income statement, balance sheet, and cash-flow statement for Veralto Corp Common Stock (VLTO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Financial overview#

Revenue

YoY +7.5%
$5.8B TTM$1.5B Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Gross profit

YoY +7.6%
$3.5B TTM$908M Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Operating income

YoY −8.6%
$1.3B TTM$298M Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Net income

YoY +5.9%
$1B TTM$253M Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

EPS (diluted)

YoY +8.4%
$4.04 TTM$1.03 Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Operating cash flow

YoY +19.6%
$1.2B TTM$323M Q3 '26
FY21FY22FY23FY24FY25TTM
Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Capital expenditure

YoY +58.3%
$63M TTM$19M Q3 '26
FY21FY22FY23FY24FY25TTM
Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Free cash flow

YoY +17.8%
$1.1B TTM$304M Q3 '26
FY21FY22FY23FY24FY25TTM
Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Shares (diluted)

YoY −2.1%
247.7M TTM245.3M Q3 '26
FY21FY22FY23FY24FY25TTM
Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Dividend per share

$0.51 TTM
FY24FY25TTM

No quarters filed for this figure.

Every VLTO chart on Trends →

Shares outstanding (point-in-time)

2024-09 247.3M2024-12 247.6M2025-04 247.9M2025-07 248.2M2025-10 248.3M2025-12 247.8M2026-04 245.6M2026-07 243.8M2026-10 243.1M-1.7% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeFiguresAs-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Revenue5.50B+6.0%5.19B+3.4%5.02B+3.1%4.87B+3.6%4.70B
3.30B+6.2%3.10B+7.0%2.90B+5.1%2.76B+1.7%2.71B
Cost of revenue2.20B+5.6%2.09B-1.5%2.12B+0.5%2.11B+6.2%1.99B
—-1.90B-7.7%-1.76B-6.9%-1.65B+1.4%-1.67B
Research & development266M+5.1%253M+12.4%225M+3.7%217M-11.1%244M
Selling, general & administrative1.76B+6.8%1.64B+7.0%1.54B+7.3%1.43B+0.2%1.43B
Amortization of intangibles36.0M-5.3%38.0M-20.8%48.0M-4.0%50.0M-19.4%62.0M
Provision for credit losses6.00M-33.3%9.00M-10.0%10.0M+11.1%9.00M+125.0%4.00M
Operating income1.28B+5.7%1.21B+6.0%1.14B+2.5%1.11B+6.8%1.04B
Interest expense96.0M-15.0%113M+276.7%30.0M0.000.00
Other non-operating income-8.00M+11.1%-9.00M+35.7%-14.0M-1500.0%1.00M-83.3%6.00M
Pre-tax income1.17B+8.0%1.09B-0.9%1.10B-1.5%1.11B+6.3%1.05B
Income tax233M-7.9%253M-1.6%257M-4.1%268M+44.1%186M
940M+12.8%833M-0.7%839M-0.7%845M-1.9%861M
Net income to common940M+12.8%833M-0.7%839M-0.7%845M-1.9%861M
$3.76+12.6%$3.34-1.8%$3.40-0.9%$3.43-2.0%$3.50
EPS (basic)$3.79+12.5%$3.37-1.2%$3.41-0.6%$3.43-2.0%$3.50
Weighted-avg shares (basic)248M+0.4%247M+0.4%246M+0.0%246M+0.0%246M
Weighted-avg shares (diluted)250M+0.3%250M+1.1%247M+0.2%246M+0.0%246M
Dividends per share$0.13+18.2%$0.11———
Balance Sheetas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
3.43B+43.8%2.39B+15.1%2.07B+62.0%1.28B—
Cash & equivalents2.03B+84.5%1.10B+44.5%762M0.000.00
Accounts receivable897M+10.5%812M-1.7%826M+1.2%816M—
Inventory307M+6.6%288M-3.0%297M-13.9%345M—
Prepaid expenses197M+5.9%186M-1.1%188M+58.0%119M—
7.69B+20.1%6.41B+12.5%5.69B+18.0%4.83B-0.3%4.84B
Property, plant & equipment294M+9.7%268M+2.3%262M+6.1%247M-5.0%260M
Operating lease right-of-use195M+22.6%159M+10.4%144M+23.1%117M—
Goodwill2.84B+5.4%2.69B+6.3%2.53B+2.3%2.48B-1.0%2.50B
Intangible assets524M-2.1%535M+25.3%427M-10.9%479M—
Other non-current assets605M+15.7%523M+31.4%398M+16.0%343M—
2.06B+65.1%1.25B-1.6%1.26B+12.6%1.12B—
Accounts payable416M+5.3%395M-8.4%431M-2.0%440M—
Accrued liabilities940M+10.6%850M+1.9%834M+22.1%683M—
Deferred revenue267M+12.7%237M+13.9%208M+8.3%192M—
Short-term & current debt700M0.00———
Current lease liability48.0M+23.1%39.0M+18.2%33.0M+3.1%32.0M—
4.59B+5.2%4.36B+1.3%4.30B+171.5%1.58B—
Long-term debt1.97B-24.1%2.60B-1.1%2.63B0.00—
Deferred revenue (non-current)20.0M+17.6%17.0M+13.3%15.0M+7.1%14.0M—
Non-current lease liability158M+22.5%129M+12.2%115M+26.4%91.0M—
Operating lease liability (total)206M+22.6%168M+13.5%148M+20.3%123M—
Other non-current liabilities558M+7.9%517M+26.1%410M-11.3%462M—
3.10B+52.4%2.04B+47.4%1.38B-57.2%3.23B—
Preferred stock0.000.000.000.00—
Common stock2.00M+0.0%2.00M+0.0%2.00M0.00—
Additional paid-in capital2.27B+3.7%2.19B+1.5%2.16B0.00—
Retained earnings1.74B+90.2%917M+415.2%178M0.00—
Treasury stock
0.00————
Accumulated other comprehensive income-913M+14.8%-1.07B-12.3%-954M+0.0%-954M—
Non-controlling interest1.00M-85.7%7.00M+16.7%6.00M+20.0%5.00M—
Total equity incl. non-controlling3.11B+51.9%2.04B+47.2%1.39B-57.1%3.24B—
Total liabilities & equity7.69B+20.1%6.41B+12.5%5.69B+18.0%4.83B—
Common shares issued248M+0.4%247M+0.4%246M——
Common shares outstanding248M+0.4%247M+0.4%246M——
Shares outstanding (cover)248M+0.1%248M+0.4%247M——
Cash Flowas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
1.08B+23.1%875M-9.1%963M+10.7%870M-2.9%896M
Depreciation & amortization78.0M+0.0%78.0M-10.3%87.0M-3.3%90.0M-15.1%106M
Intangible amortization36.0M-5.3%38.0M-20.8%48.0M-4.0%50.0M-19.4%62.0M
Share-based compensation74.0M+13.8%65.0M+18.2%55.0M+34.1%41.0M+20.6%34.0M
Change in receivables50.0M+1766.7%-3.00M-50.0%-2.00M-102.3%88.0M+528.6%14.0M
Change in inventory6.00M+300.0%-3.00M+94.2%-52.0M-236.8%38.0M-49.3%75.0M
Change in payables8.00M+127.6%-29.0M-2800.0%-1.00M-104.3%23.0M-64.6%65.0M
-98.0M+77.4%-434M-689.1%-55.0M+38.2%-89.0M+8.2%-97.0M
Capital expenditure63.0M+14.5%55.0M+1.9%54.0M+58.8%34.0M-37.0%54.0M
Free cash flow1.01B+23.7%820M-9.8%909M+8.7%836M-0.7%842M
Acquisitions0.00-100.0%363M0.00-100.0%55.0M-8.3%60.0M
Purchases of investments7.00M-53.3%15.0M0.00——
Proceeds from sale of PP&E—0.00-100.0%2.00M0.000.00
Other investing activities35.0M+118.8%16.0M+1500.0%1.00M0.00-100.0%9.00M
-102M-56.9%-65.0M+51.9%-135M+82.7%-781M+2.3%-799M
Long-term debt issued0.000.00-100.0%2.61B0.000.00
Long-term debt repaid0.000.000.000.000.00
Common stock issued0.00—0.000.000.00
Common stock repurchased0.000.000.000.000.00
Dividends paid109M+22.5%89.0M0.000.000.00
Other financing activities-15.0M0.000.000.00-100.0%1.00M
FX effect on cash53.0M+243.2%-37.0M-236.4%-11.0M0.000.00
Net change in cash930M+174.3%339M-55.5%762M0.000.00
Interest paid138M+0.7%137M0.000.000.00
Income taxes paid235M-19.8%293M+159.3%113M0.00—
Valuation Ratiosas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Market cap24.8B-1.6%25.2B+24.4%20.3B——
P/E26.4×-12.8%30.2×+27.6%23.7×——
P/S4.5×-7.2%4.9×+19.3%4.1×——
P/B8.0×-35.4%12.4×-36.7%19.5×——
P/FCF24.4×-20.5%30.7×+51.2%20.3×——
Earnings yield3.8%+14.7%3.3%-21.7%4.2%——
FCF yield4.1%+25.7%3.3%-33.9%4.9%——
Dividend yield0.13%+20.6%0.11%———
Source filing10-K10-K10-K10-K10-K
Fiscal yearCEOTotal, as reportedActually paidOther executives, average$100 in the stock$100 in peers
FY2025—$14.8M$10.5M$3.9M$119.12$158.59
FY2024Ms. Honeycutt$11.5M$18.5M$3.5M$121.04$132.80
FY2023Ms. Honeycutt$9.4M$5.5M$4.8M$97.39$113.05

From the pay-versus-performance table of each proxy statement (DEF 14A), the newest that states the year. “Actually paid” values stock awards at the year’s closing price, so it falls when the stock does. A year two chief executives shared lists each one’s pay, as reported / actually paid, and the totals are both. $100 in the stock and in the peer group the proxy names are the newest proxy’s, from the start of its first year.

About this data

Source: VLTO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VLTO filings on SEC EDGAR → Not investment advice.