Filing Flows › Veralto (VLTO) › How it makes money
How Veralto (VLTO) makes money
Veralto (VLTO) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Recurring brought in $944M (63%); Nonrecurring brought in $565M (37%). Of every dollar of revenue, 60¢ was left as gross profit, 20¢ was left as operating profit, 17¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Recurring | $944M | 62.6% | +3% | +8% |
| Nonrecurring | $565M | 37.4% | +1% | +7% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100.0% |
| Cost of revenue | $601M | 39.8% |
| Gross profit | $908M | 60.2% |
| Operating expenses | $610M | 40.4% |
| Operating profit | $298M | 19.7% |
| Income tax | $20.0M | 1.3% |
| Net earnings | $253M | 16.8% |
| Operating cash flow | $323M | 21.4% |
| Free cash flow | $304M | 20.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.5B | +8% |
| Q2 2026 | $1.5B | +8% |
| Q1 2026 | $1.4B | +7% |
| Q4 2025 | $1.4B | +4% |
| Q3 2025 | $1.4B | +7% |
| Q2 2025 | $1.4B | +6% |
| Q1 2025 | $1.3B | +7% |
From Veralto's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Veralto make money?
Veralto (VLTO) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Recurring brought in $944M (63%); Nonrecurring brought in $565M (37%). Of every dollar of revenue, 60¢ was left as gross profit, 20¢ was left as operating profit, 17¢ was left as net earnings.
What is Veralto's biggest business?
Recurring: $944M in the third quarter 2026, 63% of revenue, +8% from a year earlier.
What is Veralto's profit margin?
Net earnings were $253M, 16.8% of revenue, in the third quarter 2026; the operating margin was 19.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.