Filing Flows › Veralto (VLTO) › Q2 2025
Veralto (VLTO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 28, 2025
Veralto (VLTO) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was 22.8%, net earnings $222M (16.2% of revenue).
Veralto, Q2 2025: revenue $1.4B (+6% year over year), operating margin 22.8%, net earnings $222M, operating cash flow $339M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +3% | +6% |
| Gross profit | $822M | +2% | +6% |
| Operating profit | $313M | -3% | +5% |
| Net earnings | $222M | -1% | +9% |
| Operating cash flow | $339M | +116% | +35% |
| Free cash flow | $323M | +127% | +35% |
What changed
Revenue was $1.4B in Q2 2025, up 6% year over year and up 3% from the previous quarter. Recurring was the largest line at 61% of revenue. Recurring added $0.05B year over year (up 6%), 57% of the total change.
Gross margin was 60.0%, down 0.1 points from a year earlier. Operating profit was $0.31B, a 22.8% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, below the 23% margin then. Operating expenses grew 7% against revenue growth of 6%. Net earnings were $0.22B, up 9% year over year. The effective tax rate was 22.1%.
Operating cash flow was $0.34B (up 35% year over year), 153% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.02B left free cash flow of $0.32B.
Questions
What was Veralto's revenue in the second quarter 2025?
Veralto (VLTO) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before.
Was Veralto profitable in the second quarter 2025?
Operating profit was $313M (22.8% of revenue) and net earnings $222M.
Source: Veralto 10-Q on SEC EDGAR.