Veralto Financial Statements
NYSE: VLTOIndustrialsElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Veralto revenue and earnings
In fiscal 2025, Veralto generated $5.50 billion in revenue, up 6.0% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $940.0 million (+12.8% year over year), for a net margin of 17.1% versus a median of 17.0% in the prior 4 years. Gross margin was 59.9% (up from 59.8%) and operating margin 23.2%.
Diluted earnings per share came in at $3.76, up from $3.34. Over the last 4 fiscal years, VLTO's revenue has grown at a 4.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Veralto income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 |
|---|---|---|---|---|---|
| Revenue | 5.50B | 5.19B | 5.02B | 4.87B | 4.70B |
| Revenue growth (YoY) | +5.97% | +3.43% | +3.10% | +3.62% | — |
| Cost of Revenue | 2.20B | 2.09B | 2.12B | 2.11B | 1.99B |
| Gross Profit | 3.30B | 3.10B | 2.90B | 2.76B | 2.71B |
| Operating Expenses | 2.02B | 1.90B | 1.76B | 1.65B | 1.67B |
| Research & Development | 266.00M | 253.00M | 225.00M | 217.00M | 244.00M |
| Selling, General & Admin | 1.76B | 1.64B | 1.54B | 1.43B | 1.43B |
| Operating Income | 1.28B | 1.21B | 1.14B | 1.11B | 1.04B |
| Interest Expense | 96.00M | 113.00M | 30.00M | 0 | 0 |
| Other Income (Expense) | -8.00M | -9.00M | -14.00M | 1.00M | 6.00M |
| Pretax Income | 1.17B | 1.09B | 1.10B | 1.11B | 1.05B |
| Income Tax | 233.00M | 253.00M | 257.00M | 268.00M | 186.00M |
| Net Income | 940.00M | 833.00M | 839.00M | 845.00M | 861.00M |
| Net Income growth (YoY) | +12.85% | -0.72% | -0.71% | -1.86% | — |
| 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) | 248.30M | 247.30M | 246.40M | 246.30M | 246.30M |
| Shares Outstanding (Diluted) | 250.30M | 249.60M | 246.80M | 246.30M | 246.30M |
| EBITDA | 1.35B | 1.29B | 1.23B | 1.20B | 1.15B |
| Gross Margin | 59.95% | 59.79% | 57.78% | 56.67% | 57.72% |
| Operating Margin | 23.21% | 23.26% | 22.70% | 22.83% | 22.15% |
| Net Margin | 17.08% | 16.04% | 16.71% | 17.35% | 18.32% |
This table shows 5 annual periods of Veralto's income statement, from FY 2025 back to FY 2021, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VLTO's reporting calendar. What is a income statement?