Veralto (VLTO) Q3 FY2025 earnings: revenue $1.4 billion, up 6.8% on the year
Veralto Corp. (VLTO) reported revenue of $1.4 billion for Q3 FY2025, the quarter ended 3 October 2025, up 6.8% on the same quarter a year earlier. Net income was $239 million, up 9.1% on the year, and diluted earnings per share $0.95. The figures are the company's own, from the 10-Q it filed with the SEC on 29 October 2025.
Revenue
$1.4 billion
+6.8% on the year · +2.4% on the quarter
Q4 FY2023Q3 FY2025
Operating margin
23.2%
23.4% a year earlier
Q4 FY2023Q3 FY2025
Net income
$239 million
+9.1% on the year · +7.7% on the quarter
Q4 FY2023Q3 FY2025
Diluted EPS
$0.95
+8.0% on the year · +6.7% on the quarter
Q4 FY2023Q3 FY2025
this quarterthe same quarter a year earlierHover a bar for its figure.
Income statement (profit and loss)
$ million
Q3 FY2025
Q2 FY2025
Q3 FY2024
On the quarter
On the year
Last 8 quarters
Revenue
1,404
1,371
1,314
+2.4%
+6.8%
Cost of revenue
560
549
531
+2.0%
+5.5%
Gross profit
844
822
783
+2.7%
+7.8%
Gross margin
60.1%
60.0%
59.6%
Research and development
67.0
67.0
63.0
0.0%
+6.3%
Selling, general and administrative
451
442
412
+2.0%
+9.5%
Operating income
326
313
308
+4.2%
+5.8%
Operating margin
23.2%
22.8%
23.4%
Interest expense
21.0
28.0
27.0
-25.0%
-22.2%
Pre-tax income
306
285
286
+7.4%
+7.0%
Income tax
67.0
63.0
67.0
+6.3%
0.0%
Effective tax rate
21.9%
22.1%
23.4%
Net income
239
222
219
+7.7%
+9.1%
Net margin
17.0%
16.2%
16.7%
Diluted EPS
$0.95
$0.89
$0.88
+6.7%
+8.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2025
Q2 FY2025
Q3 FY2024
On the quarter
On the year
Last 8 quarters
Operating cash flow
270
339
224
-20.4%
+20.5%
Capital expenditure
12.0
16.0
9.0
-25.0%
+33.3%
Free cash flow
258
323
215
-20.1%
+20.0%
Free cash flow margin
18.4%
23.6%
16.4%
Cash from investing
-12.0
-40.0
-6.0
Cash from financing
-36.0
-15.0
-16.0
Depreciation and amortisation
20.0
19.0
17.0
+5.3%
+17.6%
Share-based compensation
21.0
24.0
17.0
-12.5%
+23.5%
Buybacks
0.0
0.0
n/a
Dividends paid
28.0
27.0
23.0
+3.7%
+21.7%
Diluted shares, weighted
251m
250m
250m
+0.3%
+0.2%
Shares outstanding at period end
248m
248m
247m
+0.1%
+0.4%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2025
Q2 FY2025
Q3 FY2024
On the quarter
On the year
Last 8 quarters
Shareholders' equity
2,847
2,653
1,954
+7.3%
+45.7%
Non-controlling interest
1.0
8.0
6.0
-87.5%
-83.3%
Debt
2,672
2,672
2,639
0.0%
+1.3%
Other liabilities
1,909
1,838
1,664
+3.9%
+14.7%
Total liabilities and equity
7,429
7,171
6,263
+3.6%
+18.6%
Fixed assets
285
284
261
+0.4%
+9.2%
Goodwill
2,824
2,835
2,539
-0.4%
+11.2%
Intangible assets
529
539
401
-1.9%
+31.9%
Cash and equivalents
1,775
1,559
1,267
+13.9%
+40.1%
Receivables
875
878
839
-0.3%
+4.3%
Inventory
340
329
326
+3.3%
+4.3%
Other assets
801
747
630
+7.2%
+27.1%
Total assets
7,429
7,171
6,263
+3.6%
+18.6%
Questions
What was Veralto's revenue in Q3 FY2025?
Veralto (VLTO) reported revenue of $1.4 billion for Q3 FY2025, the quarter ended 3 October 2025, up 6.8% on the same quarter a year earlier.
How much did Veralto earn in Q3 FY2025?
Net income for Q3 FY2025 was $239 million, up 9.1% on the year, and diluted earnings per share $0.95.
When did Veralto report Q3 FY2025 results?
Veralto filed its 10-Q for the quarter ended 3 October 2025 with the SEC on 29 October 2025.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 3 October 2025, filed 29 October 2025: the filing.