Veralto Q3 FY2026: sales up 7.5%, EPS beat, full-year guidance raised
Veralto beat on the adjusted numbers and raised full-year guidance: Q3 revenue rose 7.5% to $1.509 billion and adjusted EPS of $1.18 topped the $1.1138 consensus. The catch is GAAP — operating profit fell to $298 million from $326 million. Core sales grew 5.1% and free cash flow was $304 million. Read this quarter as an adjusted-margin and cash story, not a GAAP-profit one.
1 · Expected vs. Actual
Free preview belowAdjusted EPS of $1.18 beat the $1.1138 consensus by about $0.07 and rose 19.2% from $0.99 a year ago; GAAP EPS was $1.03. The $0.15 GAAP-to-adjusted gap is built from $0.09 of restructuring, $0.07 of acquisition amortization, $0.04 of other items and a $0.16 reduction of a tax indemnification asset, trimmed by -$0.05 of tax effects and -$0.15 of discrete tax adjustments. In other words, roughly $88 million pre-tax sat between the two profit lines.
Sales of $1.509 billion rose 7.5% from $1.404 billion a year ago and stepped up from $1.474 billion in Q2. Core sales grew 5.1%, with Water Quality at 6.4% and Product Quality and Innovation at 3.2%, while acquisitions added 2.3% and currency shaved 0.1%. No revenue consensus was supplied, so the only read available is growth and mix: recurring revenue was $944 million (62.6% of the total) against $565 million nonrecurring (37.4%).
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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 2026-11-03
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