80/100B118.220
USD
0.72
(0.61%)
Market Closed
Last updated: · Delayed 15 min
Fair value111.84Plus+6%79Price 118.22144
Q4 FY2026 · Earnings report
EPS estimate 1.14Revenue estimate 1.53B
Q4 FY2026 · Earnings report
EPS estimate 1.14Revenue estimate 1.53B
Veralto income statement 2020–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
5.80B USD over the last twelve months, and 5.50B USD in fiscal year 2025.
Revenue Operating income Net income
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| Fiscal year | TTM 2 Oct 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 |
|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 5.80B | 5.50B | 5.19B | 5.02B | 4.87B | 4.70B | 4.35B |
Revenue growth | +6.40% | +5.97% | +3.43% | +3.10% | +3.62% | +8.10% | — |
Cost of revenue | 2.31B | 2.20B | 2.09B | 2.12B | 2.11B | 1.99B | 1.84B |
Gross profit | 3.49B | 3.30B | 3.11B | 2.90B | 2.77B | 2.71B | 2.51B |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 60.20% | 59.95% | 59.79% | 57.78% | 56.86% | 57.72% | 57.73% |
Research and development | 278.00M | 266.00M | 253.00M | 225.00M | 217.00M | 244.00M | 219.00M |
Selling, general and administrative | 1.95B | 1.76B | 1.64B | 1.54B | 1.47B | 1.43B | 1.34B |
Operating expenses | 2.23B | 2.02B | 1.90B | 1.76B | 1.65B | 1.67B | 1.56B |
| 1.27B | 1.28B | 1.21B | 1.14B | 1.11B | 1.04B | 951.00M | |
Operating income growth | -0.16% | +5.71% | +5.96% | +2.52% | +6.82% | +9.46% | — |
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 21.84% | 23.21% | 23.26% | 22.70% | 22.83% | 22.15% | 21.87% |
Interest expense | 96.00M | 96.00M | 113.00M | 30.00M | — | — | — |
Other non-operating income | -91.00M | -104.00M | -122.00M | -44.00M | 1.00M | 6.00M | -1.00M |
Pretax income | 1.18B | 1.17B | 1.09B | 1.10B | 1.11B | 1.05B | 950.00M |
Income tax | 174.00M | 233.00M | 253.00M | 257.00M | 268.00M | 186.00M | 226.00M |
Effective tax rate | 14.80% | 19.86% | 23.30% | 23.45% | 24.08% | 17.77% | 23.79% |
| 1.00B | 940.00M | 833.00M | 839.00M | 845.00M | 861.00M | 724.00M | |
Net income growth | +9.75% | +12.85% | -0.72% | -0.71% | -1.86% | +18.92% | — |
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 17.27% | 17.08% | 16.04% | 16.71% | 17.35% | 18.32% | 16.65% |
Basic shares | 246.30M | 248.30M | 247.30M | 246.40M | 246.10M | 246.10M | 246.10M |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 247.70M | 250.30M | 249.60M | 246.40M | 246.10M | 246.10M | 246.10M |
Change in diluted shares | -1.01% | +0.28% | +1.30% | +0.12% | 0.00% | 0.00% | — |
EPS (basic) | 4.07 | 3.79 | 3.37 | 3.41 | 3.43 | 3.50 | 2.94 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 4.04 | 3.76 | 3.34 | 3.41 | 3.43 | 3.50 | 2.94 |
EPS growth | +10.68% | +12.57% | -2.05% | -0.58% | -2.00% | +19.05% | — |
Dividends per share | 0.52 | 0.46 | 0.38 | 0.09 | 0.00 | 0.00 | 0.00 |
Dividend growth | +18.18% | +21.05% | +322.22% | — | — | — | — |
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 1.37B | 1.35B | 1.28B | 1.21B | 1.20B | 1.15B | 1.06B |
EBITDA margin | 23.65% | 24.48% | 24.59% | 24.16% | 24.70% | 24.36% | 24.40% |
EBIT | 1.27B | 1.27B | 1.20B | 1.13B | 1.11B | 1.04B | 951.00M |
| Quarter | Q3 FY2026 2 Oct 2026 | Q2 FY2026 3 Jul 2026 | Q1 FY2026 3 Apr 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 3 Oct 2025 | Q2 FY2025 4 Jul 2025 | Q1 FY2025 4 Apr 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 27 Sept 2024 | Q2 FY2024 28 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 1 Jul 2022 | Q1 FY2022 30 Apr 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 1.51B | 1.47B | 1.42B | 1.40B | 1.40B | 1.37B | 1.33B | 1.35B | 1.31B | 1.29B | 1.25B | 1.29B | 1.26B | 1.25B | 1.23B | 1.25B | 1.22B | 1.23B | 1.17B |
Revenue growth | +7.48% | +7.51% | +6.76% | +3.79% | +6.85% | +6.44% | +6.90% | +4.43% | +4.70% | +2.79% | |||||||||
Cost of revenue | 601.00M | 572.00M | 568.00M | 568.00M | 560.00M | 549.00M | 527.00M | 544.00M | 531.00M | 524.00M | 499.00M | 542.00M | 532.00M | 541.00M | 529.00M | 537.00M | 525.00M | 537.00M | 538.00M |
Gross profit | 908.00M | 902.00M | 854.00M | 828.00M | 844.00M | 822.00M | 805.00M | 801.00M | 783.00M | 764.00M | 747.00M | 746.00M | 723.00M | 712.00M | 696.00M | 720.00M | 694.00M | 694.00M | 634.00M |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 60.17% | 61.19% | 60.06% | 59.31% | 60.11% | 59.96% | 60.44% | 59.55% | 59.59% | 59.32% | |||||||||
Research and development | 69.00M | 73.00M | 68.00M | 68.00M | 67.00M | 67.00M | 64.00M | 69.00M | 63.00M | 61.00M | 60.00M | 57.00M | 55.00M | 57.00M | 56.00M | 53.00M | 52.00M | 55.00M | 57.00M |
Selling, general and administrative | 541.00M | 514.00M | 448.00M | 444.00M | 451.00M | 442.00M | 419.00M | 424.00M | 412.00M | 404.00M | 394.00M | 403.00M | 395.00M | 366.00M | 348.00M | 407.00M | 357.00M | 337.00M | 346.00M |
Operating expenses | 610.00M | 587.00M | 516.00M | 512.00M | 518.00M | 509.00M | 483.00M | 493.00M | 475.00M | 465.00M | 454.00M | 460.00M | 450.00M | 423.00M | 404.00M | 426.00M | 409.00M | 392.00M | 403.00M |
| 298.00M | 315.00M | 338.00M | 316.00M | 326.00M | 313.00M | 322.00M | 308.00M | 308.00M | 299.00M | 293.00M | 286.00M | 273.00M | 289.00M | 292.00M | 294.00M | 285.00M | 302.00M | 231.00M | |
Operating income growth | -8.59% | +0.64% | +4.97% | +2.60% | +5.84% | +4.68% | +9.90% | +7.69% | +12.82% | +3.46% | |||||||||
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 19.75% | 21.37% | 23.77% | 22.64% | 23.22% | 22.83% | 24.17% | 22.90% | 23.44% | 23.21% | |||||||||
Interest expense | 25.00M | 27.00M | 24.00M | 20.00M | 21.00M | 28.00M | 27.00M | 28.00M | 27.00M | 30.00M | 28.00M | 25.00M | 5.00M | — | — | 146.00M | — | — | — |
Other non-operating income | -25.00M | -26.00M | -17.00M | -23.00M | -20.00M | -28.00M | -33.00M | -28.00M | -22.00M | -29.00M | -43.00M | -25.00M | -5.00M | -14.00M | 0.00 | -145.00M | 0.00 | 0.00 | 0.00 |
Pretax income | 273.00M | 289.00M | 321.00M | 293.00M | 306.00M | 285.00M | 289.00M | 280.00M | 286.00M | 270.00M | 250.00M | 261.00M | 268.00M | 275.00M | 292.00M | 115.00M | 285.00M | 302.00M | 231.00M |
Income tax | 20.00M | 48.00M | 67.00M | 39.00M | 67.00M | 63.00M | 64.00M | 53.00M | 67.00M | 67.00M | 66.00M | 61.00M | 63.00M | 66.00M | 67.00M | 35.00M | 67.00M | 71.00M | 51.00M |
Effective tax rate | 7.33% | 16.61% | 20.87% | 13.31% | 21.90% | 22.11% | 22.15% | 18.93% | 23.43% | 24.81% | |||||||||
| 253.00M | 241.00M | 254.00M | 254.00M | 239.00M | 222.00M | 225.00M | 227.00M | 219.00M | 203.00M | 184.00M | 200.00M | 205.00M | 209.00M | 225.00M | 216.00M | 218.00M | 231.00M | 180.00M | |
Net income growth | +5.86% | +8.56% | +12.89% | +11.89% | +9.13% | +9.36% | +22.28% | +13.50% | +6.83% | -2.87% | |||||||||
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 16.77% | 16.35% | 17.86% | 18.19% | 17.02% | 16.19% | 16.89% | 16.88% | 16.67% | 15.76% | |||||||||
Basic shares | 243.80M | 245.20M | 247.60M | 248.60M | 248.50M | 248.20M | 247.90M | 247.30M | 247.40M | 247.20M | 246.90M | 246.40M | 246.30M | 246.10M | 246.10M | 246.10M | 246.30M | 246.10M | 246.10M |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 245.30M | 245.80M | 249.20M | 250.50M | 250.60M | 249.90M | 250.10M | 250.30M | 250.00M | 249.30M | 248.80M | 246.40M | 246.30M | 246.10M | 246.10M | 246.10M | 246.30M | 246.10M | 246.10M |
Change in diluted shares | -2.11% | -1.64% | -0.36% | +0.08% | +0.24% | +0.24% | +0.52% | +1.58% | +1.50% | +1.30% | |||||||||
EPS (basic) | 1.04 | 0.98 | 1.03 | 1.02 | 0.96 | 0.89 | 0.91 | 0.92 | 0.89 | 0.82 | 0.75 | 0.81 | 0.83 | 0.85 | 0.91 | 0.88 | 0.89 | 0.94 | 0.73 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 1.03 | 0.98 | 1.02 | 1.01 | 0.95 | 0.89 | 0.90 | 0.91 | 0.88 | 0.81 | 0.74 | 0.81 | 0.83 | 0.85 | 0.91 | 0.88 | 0.89 | 0.94 | 0.73 |
EPS growth | +8.42% | +10.11% | +13.33% | +10.99% | +7.95% | +9.88% | +21.62% | +12.35% | +6.02% | -4.71% | |||||||||
Dividends per share | 0.13 | 0.13 | 0.13 | 0.13 | 0.11 | 0.11 | 0.11 | 0.11 | 0.18 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend growth | +18.18% | +18.18% | +18.18% | +18.18% | +22.22% | +22.22% | +22.22% | +22.22% | — | — | |||||||||
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 326.00M | 344.00M | 369.00M | 333.00M | 347.00M | 332.00M | 335.00M | 328.00M | 330.00M | 318.00M | 299.00M | 321.00M | 294.00M | 317.00M | 314.00M | 282.00M | 306.00M | 334.00M | 256.00M |
EBITDA margin | 21.60% | 23.34% | 25.95% | 23.85% | 24.72% | 24.22% | 25.15% | 24.39% | 25.11% | 24.69% | |||||||||
EBIT | 298.00M | 315.00M | 345.00M | 313.00M | 327.00M | 313.00M | 316.00M | 308.00M | 313.00M | 298.00M | 278.00M | 299.00M | 273.00M | 295.00M | 292.00M | 261.00M | 285.00M | 311.00M | 231.00M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Figures underlined with dots are from the company's SEC filings, where our data provider's differ.
Common questions about Veralto's income statement
Source: Financial Modeling PrepVerified against SEC filings