Veralto Q2 2026: sales up 7.6%, EPS beat, full-year guidance raised
Veralto's second quarter was strong: sales of $1.474 billion, up 7.6%, and non-GAAP EPS of $1.11 that beat the $1.0254 consensus, with full-year guidance raised to $4.35 to $4.43. The catch is that about $0.05 of EPS came from one-time tariff refunds and the smaller PQI segment grew only 2.0% at its core. Read it as an accelerating business with a small one-time boost.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $0.98 versus $0.89 a year ago, and non-GAAP EPS was $1.11 against a consensus estimate of $1.0254, so the adjusted number beat while the GAAP number came in below that estimate. The gap between them is mostly $29 million of restructuring costs and $17 million of acquisition-related intangible amortization. Roughly $0.05 of the $1.11 came from recoveries of tariffs previously collected under IEEPA, which is not recurring profit.
Sales rose 7.6% to $1.474 billion from $1.371 billion a year earlier, but only 4.2% of that came from core growth once acquisitions, divestitures and currency are stripped out. Water Quality did the heavy lifting with 5.7% core growth, while PQI managed just 2.0%. Management says total core growth should accelerate to roughly 5% to 6% in the second half.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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