Veralto Corporation (VLTO)
NYSE: VLTO · Instruments For Meas & Testing of Electricity & Elec Signals · Waltham, MA · filing with the SEC since 2023
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Feb 20, 2026 | Feb 25, 2025 | Feb 28, 2024 | · | · |
| Revenue | 5,503 | 5,193 | 5,021 | 4,870 | 4,700 |
| Cost of revenue | 2,204 | 2,088 | 2,120 | 2,110 | 1,987 |
| Gross profit | 3,299 | 3,105 | 2,901 | 2,760 | 2,713 |
| Research and development | 266 | 253 | 225 | 217 | 244 |
| Selling, general and administrative | 1,756 | 1,644 | 1,536 | 1,431 | 1,428 |
| Operating income | 1,277 | 1,208 | 1,140 | 1,112 | 1,041 |
| Interest expense | 96 | 113 | 30 | 0 | 0 |
| Other income (expense), net | -8 | -9 | -14 | 1 | 6 |
| Income before income taxes | 1,173 | 1,086 | 1,096 | 1,113 | 1,047 |
| Income tax expense | 233 | 253 | 257 | 268 | 186 |
| Net income | 940 | 833 | 839 | 845 | 861 |
| Earnings per share, basic | 3.79 | 3.37 | 3.41 | 3.43 | 3.50 |
| Earnings per share, diluted | 3.76 | 3.34 | 3.40 | 3.43 | 3.50 |
| Weighted average shares, basic | 248.3 | 247.3 | 246.4 | 246.3 | 246.3 |
| Weighted average shares, diluted | 250.3 | 249.6 | 246.8 | 246.3 | 246.3 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding