Veralto (VLTO) Q4 FY2025 earnings: revenue $1.4 billion, up 3.8% on the year
Veralto Corp. (VLTO) reported revenue of $1.4 billion for Q4 FY2025, the quarter ended 31 December 2025, up 3.8% on the same quarter a year earlier. Net income was $254 million, up 11.9% on the year, and diluted earnings per share $1.01. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2026.
Revenue
$1.4 billion
+3.8% on the year · -0.6% on the quarter
Q1 FY2024Q4 FY2025
Operating margin
22.6%
22.9% a year earlier
Q1 FY2024Q4 FY2025
Net income
$254 million
+11.9% on the year · +6.3% on the quarter
Q1 FY2024Q4 FY2025
Diluted EPS
$1.01
+11.0% on the year · +6.3% on the quarter
Q1 FY2024Q4 FY2025
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 6 new.
Sales grew 3.8% to $1,396 million: Fourth quarter sales were $1,396 million, against $1,345 million a year earlier. Full-year sales were $5,503 million, against $5,193 million.
Full-year adjusted EPS was $3.90: Full-year adjusted diluted EPS was $3.90, against $3.54 in 2024. The October 2025 guidance range was $3.82 to $3.85, and the reported figure is above that range.
Adjusted operating margin reached 24.6%: Operating margin was 22.6% in the fourth quarter, and adjusted margin was 24.6% against 23.8% a year earlier. Full-year adjusted margin was 24.3% against 24.1%.
$ million except per share. Read moreFourth quarters are the year less the first three quarters. 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. 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
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Operating cash flow
311
270
285
+15.2%
+9.1%
Capital expenditure
20.0
12.0
22.0
+66.7%
-9.1%
Free cash flow
291
258
263
+12.8%
+10.6%
Free cash flow margin
20.8%
18.4%
19.6%
Cash from investing
-35.0
-12.0
-394
Cash from financing
-25.0
-36.0
-16.0
Depreciation and amortisation
20.0
20.0
20.0
0.0%
0.0%
Share-based compensation
13.0
21.0
13.0
-38.1%
0.0%
Buybacks
n/a
0.0
n/a
Dividends paid
27.0
28.0
22.0
-3.6%
+22.7%
Dividend per share
$0.13
n/a
$0.11
+18.2%
Diluted shares, weighted
250m
251m
250m
-0.0%
+0.1%
Shares outstanding at period end
248m
248m
247m
+0.0%
+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
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Shareholders' equity
3,105
2,847
2,038
+9.1%
+52.4%
Non-controlling interest
1.0
1.0
7.0
0.0%
-85.7%
Debt
2,673
2,672
2,599
+0.0%
+2.8%
Operating lease liabilities
158
n/a
129
+22.5%
Other liabilities
1,756
1,909
1,633
-8.0%
+7.5%
Total liabilities and equity
7,693
7,429
6,406
+3.6%
+20.1%
Fixed assets
294
285
268
+3.2%
+9.7%
Goodwill
2,838
2,824
2,693
+0.5%
+5.4%
Intangible assets
524
529
535
-0.9%
-2.1%
Cash and equivalents
2,031
1,775
1,101
+14.4%
+84.5%
Receivables
897
875
812
+2.5%
+10.5%
Inventory
307
340
288
-9.7%
+6.6%
Other assets
802
801
709
+0.1%
+13.1%
Total assets
7,693
7,429
6,406
+3.6%
+20.1%
Questions
What was Veralto's revenue in Q4 FY2025?
Veralto (VLTO) reported revenue of $1.4 billion for Q4 FY2025, the quarter ended 31 December 2025, up 3.8% on the same quarter a year earlier.
How much did Veralto earn in Q4 FY2025?
Net income for Q4 FY2025 was $254 million, up 11.9% on the year, and diluted earnings per share $1.01.
When did Veralto report Q4 FY2025 results?
Veralto filed its 10-K for the year that ended with the quarter on 20 February 2026; the fourth quarter is the year less the first three.
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-K for the period ended 31 December 2025, filed 20 February 2026: the filing.