Veralto Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.5B | $5.2B | $5.0B | $4.9B | $4.7B |
| Cost of revenue | $2.2B | $2.1B | $2.1B | $2.1B | $2.0B |
| Gross profit | $3.3B | $3.1B | $2.9B | $2.8B | $2.7B |
| Selling, general & administrative | $1.8B | $1.6B | $1.5B | $1.4B | $1.4B |
| Research and development | $266.0M | $253.0M | $225.0M | $217.0M | $244.0M |
| Operating income | $1.3B | $1.2B | $1.1B | $1.1B | $1.0B |
| Interest expense | $96.0M | $113.0M | $30.0M | $0 | $0 |
| Pretax income | $1.2B | $1.1B | $1.1B | $1.1B | $1.0B |
| Income tax expense | $233.0M | $253.0M | $257.0M | $268.0M | $186.0M |
| Net income | $940.0M | $833.0M | $839.0M | $845.0M | $861.0M |
| Balance Sheet | |||||
| Cash and equivalents | $2.0B | $1.1B | $762.0M | $0 | — |
| Current assets | $3.4B | $2.4B | $2.1B | $1.3B | — |
| Total assets | $7.7B | $6.4B | $5.7B | $4.8B | $4.8B |
| Current liabilities | $2.1B | $1.2B | $1.3B | $1.1B | — |
| Stockholders' equity | $3.1B | $2.0B | $1.4B | $3.2B | — |
| Cash Flow Statement | |||||
| Cash from operations | $1.1B | $875.0M | $963.0M | $870.0M | $896.0M |
| Depreciation and amortization | $78.0M | $78.0M | $87.0M | $90.0M | $106.0M |
| Stock-based compensation | $74.0M | $65.0M | $55.0M | $41.0M | $34.0M |
| Capital expenditure | $63.0M | $55.0M | $54.0M | $34.0M | $54.0M |
| Free cash flow | $1.0B | $820.0M | $909.0M | $836.0M | $842.0M |
| Dividends paid | $109.0M | $89.0M | $0 | $0 | — |
| Impairments | $6.0M | $0 | $15.0M | $0 | $0 |
Shares outstanding 245.6M · Free float 99.8%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.