Quarterly ResultJul 29, 2026, 06:01 AM
Veralto Q2 Sales $1.47B, EPS $0.98; Net Earnings Up 8.6%
AI Summary
Veralto Corp reported strong second-quarter results with sales increasing 7.5% to $1.47 billion and net earnings rising 8.6% to $241 million, leading to a basic EPS of $0.98. For the six-month period, sales grew 7.1% to $2.90 billion and net earnings increased 10.7% to $495 million. The company also completed two significant acquisitions, In-Situ and GlobalVision, for a total of $620 million, and repurchased $434 million in common stock.
Key Highlights
- Q2 Sales increased 7.5% to $1.47 billion compared to prior year.
- Q2 Net earnings rose 8.6% to $241 million, with basic EPS of $0.98.
- Six-month sales grew 7.1% to $2.90 billion, net earnings up 10.7% to $495 million.
- Acquired In-Situ for $426 million and GlobalVision for $195 million.
- Repurchased $434 million of common stock during the six-month period.
- Water Quality segment sales increased 10.1% to $908 million in Q2.
- Net cash provided by operating activities was $522 million for six months.
- Total assets grew to $8.56 billion as of July 3, 2026.
Price Impact
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