Jun 2026 (Q2 FY26) — Jul 29, 2026
Veralto Q2 FY26 — Strong Core Sales Growth and Raised Full-Year EPS Guidance
Read the full callVeralto earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,422 | +6.8% YoY | Quarterly, as filed | Quarter to Apr 2026 | Revenue from operations as filed. |
| Operating margin | 23.8 | −0.4 pts YoY | Operating profit / revenue | Quarter to Apr 2026 | For the quarter; a change is in percentage points. |
| Net profit | 254 | +12.9% YoY | Quarterly, as filed | Quarter to Apr 2026 | Profit after tax as filed. |
Guidance
15 of 16 judged targets kept · 11 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year adjusted EPS | $4.10 per share to $4.20 per share | Dec 2025 | we raised our full year adjusted EPS guidance to $4.35 to $4.43 per share, representing 12% to 14% growth year-over-year. | Revised Up |
| Full-year core sales growth | low to mid-single-digit range on a year-over-year basis | Dec 2025 | We delivered 4.2% core sales growth led by Water Quality at 5.7% and PQI at 2%. As expected, core sales growth in both segments accelerated sequentially from Q1 to Q2. We expect year-over-year core sales growth to continue accelerating in the second half to approximately 5% to 6%. | On Track |
1 of Veralto Corp's 27 targets was missed. See which ones, and which are quietly gone. The 2 above are the free sample; 25 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $102.76 on 17 Oct 2025 → $100.47. High $104.87 (23 Oct 2025), low $82.23 (29 May 2026).
Overview
Guidance
15 of 16 judged targets kept · 11 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Full-year adjusted EPS | $4.10 per share to $4.20 per share | Dec 2025 | we raised our full year adjusted EPS guidance to $4.35 to $4.43 per share, representing 12% to 14% growth year-over-year. | Revised Up |
| Full-year core sales growth | low to mid-single-digit range on a year-over-year basis | Dec 2025 | We delivered 4.2% core sales growth led by Water Quality at 5.7% and PQI at 2%. As expected, core sales growth in both segments accelerated sequentially from Q1 to Q2. We expect year-over-year core sales growth to continue accelerating in the second half to approximately 5% to 6%. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 27 tracked commitments, with each call’s wording and source.
Call summaries
Veralto Q2 FY26 — Strong Core Sales Growth and Raised Full-Year EPS Guidance
Read the full callVeralto Q1 FY26 — Strong Start with Raised EPS Guidance and Strategic M&A
Read the full callEvery analysed call
Financials
Net profit, year on year: +13% (quarter to apr 2026 against apr 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Apr 2025 | Jul 2025 | Oct 2025 | Dec 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,288 | 1,314 | 1,345 | 1,332 | 1,371 | 1,404 | 1,396 | 1,422 |
| Operating profit | 299 | 308 | 308 | 322 | 313 | 326 | 316 | 338 |
| Operating margin | 23.2% | 23.4% | 22.9% | 24.2% | 22.8% | 23.2% | 22.6% | 23.8% |
| Interest | 30 | 27 | 28 | 27 | 28 | 21 | 20 | 24 |
| Profit before tax | 270 | 286 | 280 | 289 | 285 | 306 | 293 | 321 |
| Tax rate | 24.8% | 23.4% | 18.9% | 22.1% | 22.1% | 21.9% | 13.3% | 20.9% |
| Net profit | 203 | 219 | 227 | 225 | 222 | 239 | 254 | 254 |
| EPS ($ per share) | 0.82 | 0.89 | — | 0.91 | 0.89 | 0.96 | — | 1.03 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Equity capital | — | 0 | 2 | 2 | 2 |
| Reserves | — | 0 | 178 | 917 | 1,744 |
| Total liabilities | — | 1,585 | 4,304 | 4,361 | 4,587 |
| Fixed assets | 260 | 247 | 262 | 268 | 294 |
| Total assets | 4,840 | 4,825 | 5,693 | 6,406 | 7,693 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash from operations | 896 | 870 | 963 | 875 | 1,077 |
| Cash from investing | -97 | -89 | -55 | -434 | -98 |
| Cash from financing | -799 | -781 | -135 | -65 | -102 |
| Net cash flow | 0 | 0 | 762 | 339 | 930 |
| Capital expenditure | -54 | -34 | -54 | -55 | -63 |
| Free cash flow | 842 | 836 | 909 | 820 | 1,014 |
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Water Quality | 61% | 60% | 60% | 60% | 61% | 61% | 61% | 62% | +10.1% |
| Product Quality and Innovation | — | — | 40% | 40% | 39% | — | 39% | 38% | +3.7% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q2 FY2026 · share of revenue
As VLTO cuts its regions in its filings; they can nest, so they need not add to 100%.
50 filings between Nov 14, 2025 and Aug 17, 2026.
Purchases
None
No insider bought shares.
Sales
$3.05M
8 sales by 5 insiders
38% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Aquino Melissa | — | $1.43M | Feb 27, 2026 |
| Honeycutt Jennifer | — | $1.39M | Jul 29, 2026 |
| Bystrom Mattias | — | $101.7K | Dec 1, 2025 |
| Trivedi Surekha | — | $95.7K | Aug 17, 2026 |
| Skeete Bernard M | — | $26.5K | May 1, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 17, 2026 | Trivedi Surekha SVP, Strategy & Sustainability | Sale 10b5-1 plan | 986 | $95.7K |
| Jul 29, 2026 | Honeycutt Jennifer President and CEO | Option exercise 10b5-1 plan | 7,097 | $204.1K |
| Jul 29, 2026 | Honeycutt Jennifer President and CEO | Sale 10b5-1 plan | 7,097 | $720.5K |
| Jul 17, 2026 | Honeycutt Jennifer President and CEO | Sale 10b5-1 plan | 7,097 | $674.2K |
| Jul 17, 2026 | Honeycutt Jennifer President and CEO | Option exercise 10b5-1 plan | 7,097 | $204.1K |
| Jul 15, 2026 | Ralhan Sameer SVP, Chief Financial Officer | Tax withheld | 3,305 | $300.8K |
| Jul 15, 2026 | KING WILLIAM Director | Award | 1,009 | $0 |
| Jul 15, 2026 | COMAS DANIEL L Director | Award | 1,099 | $0 |
| Jul 15, 2026 | FILLER LINDA Director | Award | 825 | $0 |
| Jul 15, 2026 | MITTS HEATH A Director | Award | 1,009 | $0 |
| Jul 15, 2026 | Kambeyanda Shyam Director | Award | 1,099 | $0 |
| Jul 15, 2026 | Colpron Francoise Director | Award | 1,099 | $0 |
| Jul 15, 2026 | Wallis-Lage Cindy L. Director | Award | 1,009 | $0 |
| Jul 15, 2026 | Sankaran Vijay P. Director | Award | 1,009 | $0 |
| Jul 15, 2026 | Williams Thomas Director | Award | 1,009 | $0 |
| Jul 15, 2026 | LOHR WALTER G Director | Award | 1,009 | $0 |
| Jul 15, 2026 | SCHWIETERS JOHN T Director | Award | 1,009 | $0 |
| Jul 15, 2026 | FILLER LINDA Director | Award | 1,009 | $0 |
| May 15, 2026 | Beneteau Lesley SVP, CHRO | Tax withheld | 423 | $35.9K |
| May 1, 2026 | Skeete Bernard M Chief Accounting Officer | Sale | 300 | $26.5K |
| Mar 1, 2026 | Chainey Kimberly SVP, Chief Legal Officer | Award | 20,528 | $0 |
| Mar 1, 2026 | Honeycutt Jennifer President and CEO | Award | 26,943 | $0 |
| Mar 1, 2026 | Chainey Kimberly SVP, Chief Legal Officer | Award | 2,566 | $0 |
| Mar 1, 2026 | Chainey Kimberly SVP, Chief Legal Officer | Award | 15,396 | $0 |
| Mar 1, 2026 | Skeete Bernard M Chief Accounting Officer | Award | 1,369 | $0 |
| Mar 1, 2026 | Ralhan Sameer SVP, Chief Financial Officer | Award | 7,313 | $0 |
| Mar 1, 2026 | Trivedi Surekha SVP, Strategy & Sustainability | Award | 2,310 | $0 |
| Mar 1, 2026 | Bystrom Mattias SVP, PQI | Award | 4,106 | $0 |
| Mar 1, 2026 | Beneteau Lesley SVP, CHRO | Award | 2,823 | $0 |
| Mar 1, 2026 | Aquino Melissa SVP, Water Quality | Award | 4,491 | $0 |
| Feb 27, 2026 | Aquino Melissa SVP, Water Quality | Option exercise | 7,105 | $591.3K |
| Feb 27, 2026 | Aquino Melissa SVP, Water Quality | Sale | 2,639 | $254.9K |
| Feb 27, 2026 | Aquino Melissa SVP, Water Quality | Option exercise | 2,639 | $219.6K |
| Feb 27, 2026 | Aquino Melissa SVP, Water Quality | Sale | 5,096 | $492.3K |
| Feb 27, 2026 | Aquino Melissa SVP, Water Quality | Sale | 7,105 | $686.3K |
| Feb 27, 2026 | Skeete Bernard M Chief Accounting Officer | Tax withheld | 103 | $10.0K |
| Feb 24, 2026 | Honeycutt Jennifer President and CEO | Tax withheld | 5,900 | $552.5K |
| Feb 24, 2026 | Trivedi Surekha SVP, Strategy & Sustainability | Tax withheld | 1,192 | $111.6K |
| Feb 24, 2026 | Honeycutt Jennifer President and CEO | Tax withheld | 1,420 | $133.0K |
| Feb 24, 2026 | Beneteau Lesley SVP, CHRO | Option exercise | 7,004 | $154.2K |
| Feb 24, 2026 | Beneteau Lesley SVP, CHRO | Tax withheld | 421 | $39.4K |
| Feb 24, 2026 | Aquino Melissa SVP, Water Quality | Tax withheld | 2,114 | $198.0K |
| Feb 24, 2026 | Skeete Bernard M Chief Accounting Officer | Tax withheld | 200 | $18.7K |
| Feb 24, 2026 | Honeycutt Jennifer President and CEO | Tax withheld | 1,283 | $120.2K |
| Feb 24, 2026 | Beneteau Lesley SVP, CHRO | Tax withheld | 3,082 | $288.6K |
| Dec 1, 2025 | Bystrom Mattias SVP, PQI | Sale | 1,000 | $101.7K |
| Nov 14, 2025 | Beneteau Lesley SVP, CHRO | Tax withheld | 1,055 | $104.2K |
| Nov 14, 2025 | Beneteau Lesley SVP, CHRO | Option exercise | 1,622 | $38.3K |
| Nov 14, 2025 | Skeete Bernard M Chief Accounting Officer | Tax withheld | 93 | $9.2K |
| Nov 14, 2025 | Ralhan Sameer SVP, Chief Financial Officer | Tax withheld | 3,361 | $332.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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