Veralto Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 sales $1.509B, up 7.5% year-over-year
- ➤Adjusted EPS $1.18, up 19.2% year-over-year
- ➤Full-year adjusted EPS guidance raised to $4.49-$4.52
- ➤Q4 core sales growth forecast at 5.5%-6.5% year-over-year
- ➤Four acquisitions received $1.1B in year-to-date capital deployment
Expert Statements
Jennifer L. Honeycutt, President and Chief Executive Officer of Veralto
“We delivered outstanding third-quarter results, with broad-based sales growth and strong operating leverage across the portfolio. Total sales grew 7.5%, adjusted operating margin expanded 170 basis points and adjusted earnings per share increased 19.2% year-over-year. Core sales grew 5.1%, led by Water Quality at 6.4%, while acquisitions contributed 2.3% to total sales growth,”
Jennifer L. Honeycutt, President and Chief Executive Officer of Veralto
“Year-to-date, we have completed four strategic bolt-on acquisitions and repurchased 2.4% of our outstanding shares, reflecting our disciplined approach to capital allocation and advancing our long-term value creation strategy.”
Jennifer L. Honeycutt, President and Chief Executive Officer of Veralto
“Demand remains healthy across both segments. In Water Quality, core sales of our water treatment solutions grew double-digits in the third quarter driven by favorable industrial trends in North America including digital infrastructure investments, higher industrial production and increasing need for water reuse solutions. We also continue to see steady demand for our water analytics products and services which support the daily operations of municipal, environmental and industrial customers. As expected, PQI's core sales growth rate increased sequentially, supported by steady demand in marking and coding and an acceleration in the year-over-year core sales growth rate in packaging and color.”
Jennifer L. Honeycutt, President and Chief Executive Officer of Veralto
“In the fourth quarter, we expect our core sales growth rate to further accelerate to between 5.5% to 6.5% year-over-year. Reflecting this growth outlook, early gains from our cost optimization program and our strong third-quarter performance, we raised our full year 2026 adjusted earnings per share guidance to $4.49 to $4.52, representing 15% to 16% growth over the prior year. Our rigorous VES-driven execution and strategic investments in 2026 provide a strong foundation for sustained momentum into 2027. We have ample financial flexibility to continue to deploy capital and further enhance our growth profile, optimize our cost position and compound long-term shareholder value,”
WALTHAM, Mass., Oct. 29, 2026 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced results for the third quarter ended October 2, 2026.
* Sales increased 7.5% year-over-year to $1,509 million, with non-GAAP core sales growth of 5.1% * Operating profit margin was 19.7%, and non-GAAP adjusted operating profit margin was 25.6% * Net earnings were $253 million, or $1.03 per diluted common share * Non-GAAP, adjusted net earnings were $290 million, or $1.18 per diluted common share * Operating cash flow was $323 million and non-GAAP free cash flow was $304 million Key Year-to-Date ((1)) 2026 Capital Allocation and Strategic Actions:
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