Veralto (VLTO) Earnings: Q3 2026 Results

The quarter ended October 2, 2026 and Veralto published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Veralto reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Veralto's third quarter of 2026 ended October 2, 2026; the year-ago quarter ended October 3, 2025.
• GAAP results include a $39 million pretax reduction of a tax indemnification asset from the separation from Danaher, with a matching $39 million reduction of the related tax liability recorded as a discrete tax benefit.

Source: Veralto Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended October 2, 2026. Figures as reported; checked against the release on November 10, 2026.

How Veralto splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Veralto's Water Quality revenue was $939 million in Q3 2026, up 10% from $856 million in Q3 2025, 62% of total revenue.
• Veralto's Product Quality & Innovation revenue was $570 million in Q3 2026, up 4% from $548 million in Q3 2025, 38% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Veralto said:

“For the fourth quarter of 2026, the Company anticipates non-GAAP core sales growth in the range of 5.5% to 6.5% year-over-year.”

“The Company's fourth quarter adjusted diluted earnings per share guidance is in the range of $1.13 to $1.16 per share.”

“For the full year 2026, the Company raised its non-GAAP core sales growth to a range of 4.2% to 4.5% year-over-year, up from the prior guidance range of 4.0% to 4.5%.”

“The Company raised its guidance for adjusted diluted earnings to a range of $4.49 to $4.52 per share, up from the prior guidance range of $4.35 to $4.43 per share.”

Source: Veralto Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the VLTO forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP sales and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Veralto's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

Veralto has two segments. In Q3 2026 Water Quality had sales of $939 million, up from $856 million, and Product Quality & Innovation had $570 million, up from $548 million, for total sales of $1,509 million. Total sales grew 7.5%. Core sales growth, which excludes acquisitions and currency, was 5.1% for the company, 6.4% in Water Quality and 3.2% in Product Quality & Innovation, and acquisitions added 2.3% to total sales growth. (Veralto Q3 2026 release, Oct 29, 2026; Veralto Form 10-Q, Q3 2026, Oct 30, 2026)

Water Quality sells water analytics and water treatment products under brands including Hach, Trojan Technologies and ChemTreat. Product Quality & Innovation sells marking and coding, packaging and color products under brands including Videojet, Linx, Esko, X-Rite and Pantone. Recurring revenue (consumables, services, spare parts and some leases) was $944 million of the quarter's sales, and nonrecurring revenue, mostly equipment, was $565 million. (Veralto Form 10-Q, Q3 2026, Oct 30, 2026; Veralto Form 10-K, 2025, Feb 20, 2026)

Veralto's North America sales were $755 million, up from $687 million, against $324 million in Western Europe and $399 million in high-growth markets. In Water Quality, core sales rose 8.8% in North America and 7.3% in Western Europe and fell 1.1% in high-growth markets, with a high-single-digit decrease in China. Veralto said core sales of its water treatment solutions grew double digits on industrial demand in North America, including digital infrastructure investments. (Veralto Form 10-Q, Q3 2026, Oct 30, 2026; Veralto Q3 2026 release, Oct 29, 2026)

Price increases contributed 2.3% to Veralto's sales growth in the quarter: 2.0% in Water Quality and 2.6% in Product Quality & Innovation. Within Product Quality & Innovation, core sales rose 3.0% in marking and coding and 3.5% in packaging and color, where Veralto cited positive pricing actions and higher volume. (Veralto Form 10-Q, Q3 2026, Oct 30, 2026)

Veralto spent $1.1 billion on four acquisitions in 2026 through October 28: In-Situ (about $426 million net of cash acquired, in Water Quality), GlobalVision (about $195 million, in Product Quality & Innovation), Alfaa UV and Cleanwater1, which closed on October 5, 2026, after the quarter ended. (Veralto Q3 2026 release, Oct 29, 2026; Veralto Form 10-Q, Q3 2026, Oct 30, 2026)

Veralto's GAAP diluted EPS was $1.03 in Q3 2026 and its non-GAAP adjusted EPS was $1.18. The adjustments were amortization of acquisition-related intangible assets ($17 million pretax, $0.07 a share), restructuring under the 2026 Cost Optimization Program ($22 million, $0.09), other strategic-initiative costs ($10 million, $0.04) and a $39 million reduction of a tax indemnification asset ($0.16), offset by the tax effect of those items ($0.05) and discrete tax adjustments ($0.15). (Veralto Q3 2026 release, Oct 29, 2026)

Veralto's operating profit fell to $298 million from $326 million although sales rose, and the operating margin was 19.7% against 23.2%. Veralto attributed 260 basis points of the margin decline to the tax indemnification reduction, 150 basis points to restructuring and 70 basis points to strategic-initiative costs. The same tax audit settlement cut income taxes: the effective tax rate was 7.3%, against 21.9% a year earlier, and a net discrete benefit of $47 million lowered the rate by 17.1 points. (Veralto Q3 2026 release, Oct 29, 2026; Veralto Form 10-Q, Q3 2026, Oct 30, 2026)

Veralto's diluted share count fell to 245.3 million from 250.6 million. It repurchased about 1 million shares for about $89 million in the quarter and 6 million shares for about $523 million over the first nine months, and the release puts 2026 repurchases through October 28 at $550 million, or 2.4% of outstanding shares. (Veralto Q3 2026 release, Oct 29, 2026; Veralto Form 10-Q, Q3 2026, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Veralto publishes its outlook in the release, on a non-GAAP basis only, because it says GAAP sales components such as currency and acquisitions are hard to estimate. For Q4 2026 it guided core sales growth of 5.5% to 6.5%, an adjusted operating profit margin of about 24.5% and adjusted diluted EPS of $1.13 to $1.16. (Veralto Q3 2026 release, Oct 29, 2026)

Veralto raised its full-year 2026 guidance with the Q3 report: core sales growth of 4.2% to 4.5% (from 4.0% to 4.5%), adjusted diluted EPS of $4.49 to $4.52 (from $4.35 to $4.43) and free cash flow above 105% of GAAP net earnings (from above 100%). It now expects $10-$15 million of 2026 savings from its Cost Optimization Program. (Veralto Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Veralto, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Veralto's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning VLTO is on is VLTO a buy or a sell?, what analysts expect next is on the VLTO forecast, and what the company does is on the Veralto (VLTO) stock page.

Every number on this page can be traced to a document Veralto published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.