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.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	5.50B YoY+6.0%	5.19B YoY+3.4%	5.02B YoY+3.1%	4.87B YoY+3.6%	4.70B
	3.30B YoY+6.2%	3.10B YoY+7.0%	2.90B YoY+5.1%	2.76B YoY+1.7%	2.71B
Cost of revenue	2.20B YoY+5.6%	2.09B YoY-1.5%	2.12B YoY+0.5%	2.11B YoY+6.2%	1.99B
Research & development	266M YoY+5.1%	253M YoY+12.4%	225M YoY+3.7%	217M YoY-11.1%	244M
Selling, general & administrative	1.76B YoY+6.8%	1.64B YoY+7.0%	1.54B YoY+7.3%	1.43B YoY+0.2%	1.43B
Amortization of intangibles	36.0M YoY-5.3%	38.0M YoY-20.8%	48.0M YoY-4.0%	50.0M YoY-19.4%	62.0M
Provision for credit losses	6.00M YoY-33.3%	9.00M YoY-10.0%	10.0M YoY+11.1%	9.00M YoY+125.0%	4.00M
Operating income	1.28B YoY+5.7%	1.21B YoY+6.0%	1.14B YoY+2.5%	1.11B YoY+6.8%	1.04B
Interest expense	96.0M YoY-15.0%	113M YoY+276.7%	30.0M	0.00	0.00
Other non-operating income	-8.00M YoY+11.1%	-9.00M YoY+35.7%	-14.0M YoY-1500.0%	1.00M YoY-83.3%	6.00M
Pre-tax income	1.17B YoY+8.0%	1.09B YoY-0.9%	1.10B YoY-1.5%	1.11B YoY+6.3%	1.05B
Income tax	233M YoY-7.9%	253M YoY-1.6%	257M YoY-4.1%	268M YoY+44.1%	186M
Net income	940M YoY+12.8%	833M YoY-0.7%	839M YoY-0.7%	845M YoY-1.9%	861M
	$3.76 YoY+12.6%	$3.34 YoY-1.8%	$3.40 YoY-0.9%	$3.43 YoY-2.0%	$3.50
EPS (basic)	$3.79 YoY+12.5%	$3.37 YoY-1.2%	$3.41 YoY-0.6%	$3.43 YoY-2.0%	$3.50
Weighted-avg shares (basic)	248M YoY+0.4%	247M YoY+0.4%	246M YoY+0.0%	246M YoY+0.0%	246M
Weighted-avg shares (diluted)	250M YoY+0.3%	250M YoY+1.1%	247M YoY+0.2%	246M YoY+0.0%	246M
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.43B YoY+43.8%	2.39B YoY+15.1%	2.07B YoY+62.0%	1.28B	—
Cash & equivalents	2.03B YoY+84.5%	1.10B YoY+44.5%	762M	0.00	0.00
Accounts receivable	897M YoY+10.5%	812M YoY-1.7%	826M YoY+1.2%	816M	—
Inventory	307M YoY+6.6%	288M YoY-3.0%	297M YoY-13.9%	345M	—
Prepaid expenses	197M YoY+5.9%	186M YoY-1.1%	188M YoY+58.0%	119M	—
	7.69B YoY+20.1%	6.41B YoY+12.5%	5.69B YoY+18.0%	4.83B YoY-0.3%	4.84B
Property, plant & equipment	294M YoY+9.7%	268M YoY+2.3%	262M YoY+6.1%	247M YoY-5.0%	260M
Operating lease right-of-use	195M YoY+22.6%	159M YoY+10.4%	144M YoY+23.1%	117M	—
Goodwill	2.84B YoY+5.4%	2.69B YoY+6.3%	2.53B YoY+2.3%	2.48B YoY-1.0%	2.50B
Intangible assets	524M YoY-2.1%	535M YoY+25.3%	427M YoY-10.9%	479M	—
Other non-current assets	605M YoY+15.7%	523M YoY+31.4%	398M YoY+16.0%	343M	—
	2.06B YoY+65.1%	1.25B YoY-1.6%	1.26B YoY+12.6%	1.12B	—
Accounts payable	416M YoY+5.3%	395M YoY-8.4%	431M YoY-2.0%	440M	—
Accrued liabilities	940M YoY+10.6%	850M YoY+1.9%	834M YoY+22.1%	683M	—
Deferred revenue	267M YoY+12.7%	237M YoY+13.9%	208M YoY+8.3%	192M	—
Short-term & current debt	700M	0.00	—	—	—
Current lease liability	48.0M YoY+23.1%	39.0M YoY+18.2%	33.0M YoY+3.1%	32.0M	—
Long-term debt	1.97B YoY-24.1%	2.60B YoY-1.1%	2.63B	0.00	—
Deferred revenue (non-current)	20.0M YoY+17.6%	17.0M YoY+13.3%	15.0M YoY+7.1%	14.0M	—
Non-current lease liability	158M YoY+22.5%	129M YoY+12.2%	115M YoY+26.4%	91.0M	—
Other non-current liabilities	558M YoY+7.9%	517M YoY+26.1%	410M YoY-11.3%	462M	—
	3.10B YoY+52.4%	2.04B YoY+47.4%	1.38B YoY-57.2%	3.23B	—
Preferred stock	0.00	0.00	0.00	0.00	—
Common stock	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M	0.00	—
Additional paid-in capital	2.27B YoY+3.7%	2.19B YoY+1.5%	2.16B	0.00	—
Retained earnings	1.74B YoY+90.2%	917M YoY+415.2%	178M	0.00	—
Treasury stock	0.00	—	—	—	—
Accumulated other comprehensive income	-913M YoY+14.8%	-1.07B YoY-12.3%	-954M YoY+0.0%	-954M	—
Non-controlling interest	1.00M YoY-85.7%	7.00M YoY+16.7%	6.00M YoY+20.0%	5.00M	—
Total equity incl. non-controlling	3.11B YoY+51.9%	2.04B YoY+47.2%	1.39B YoY-57.1%	3.24B	—
Total liabilities & equity	7.69B YoY+20.1%	6.41B YoY+12.5%	5.69B YoY+18.0%	4.83B	—
Common shares issued	248M YoY+0.4%	247M YoY+0.4%	246M YoY+246299900.0%	100	—
Common shares outstanding	248M YoY+0.4%	247M YoY+0.4%	246M YoY+246299900.0%	100	—
Shares outstanding (cover)	248M YoY+0.4%	247M YoY+0.4%	246M	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.08B YoY+23.1%	875M YoY-9.1%	963M YoY+10.7%	870M YoY-2.9%	896M
Depreciation & amortization	78.0M YoY+0.0%	78.0M YoY-10.3%	87.0M YoY-3.3%	90.0M YoY-15.1%	106M
Share-based compensation	74.0M YoY+13.8%	65.0M YoY+18.2%	55.0M YoY+34.1%	41.0M YoY+20.6%	34.0M
Change in receivables	50.0M YoY+1766.7%	-3.00M YoY-50.0%	-2.00M YoY-102.3%	88.0M YoY+528.6%	14.0M
Change in inventory	6.00M YoY+300.0%	-3.00M YoY+94.2%	-52.0M YoY-236.8%	38.0M YoY-49.3%	75.0M
Change in payables	8.00M YoY+127.6%	-29.0M YoY-2800.0%	-1.00M YoY-104.3%	23.0M YoY-64.6%	65.0M
	-98.0M YoY+77.4%	-434M YoY-689.1%	-55.0M YoY+38.2%	-89.0M YoY+8.2%	-97.0M
Capital expenditure	63.0M YoY+14.5%	55.0M YoY+1.9%	54.0M YoY+58.8%	34.0M YoY-37.0%	54.0M
Acquisitions	0.00 YoY-100.0%	363M	0.00 YoY-100.0%	55.0M YoY-8.3%	60.0M
Purchases of investments	7.00M YoY-53.3%	15.0M	0.00	—	—
Proceeds from sale of PP&E	—	0.00 YoY-100.0%	2.00M	0.00	0.00
Other investing activities	35.0M YoY+118.8%	16.0M YoY+1500.0%	1.00M	0.00 YoY-100.0%	9.00M
	-102M YoY-56.9%	-65.0M YoY+51.9%	-135M YoY+82.7%	-781M YoY+2.3%	-799M
Long-term debt issued	—	—	2.61B	0.00	0.00
Dividends paid	109M YoY+22.5%	89.0M	0.00	0.00	—
Other financing activities	-15.0M	0.00	0.00	0.00 YoY-100.0%	1.00M
FX effect on cash	53.0M YoY+243.2%	-37.0M YoY-236.4%	-11.0M	0.00	0.00
Net change in cash	930M YoY+174.3%	339M YoY-55.5%	762M	0.00	0.00
Interest paid	138M YoY+0.7%	137M	0.00	0.00	0.00
Income taxes paid	235M YoY-19.8%	293M YoY+159.3%	113M	0.00	—
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	24.8B YoY-1.6%	25.2B	—	—	—
P/E	26.4× YoY-12.8%	30.2×	—	—	—
P/S	4.5× YoY-7.2%	4.9×	—	—	—
P/B	8.0× YoY-35.4%	12.4×	—	—	—
P/FCF	24.4× YoY-20.5%	30.7×	—	—	—
Earnings yield	3.8% YoY+14.7%	3.3%	—	—	—
FCF yield	4.1% YoY+25.7%	3.3%	—	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

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.

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financial statements