Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Veralto logo

Veralto Business Segments

Business, geographic, and product segment breakdowns

Veralto generates $5.6B in annual revenue across 2 key segments: Nonrecurring ($2.2B), and Recurring ($3.4B). The company-wide operating margin is 23.12%. Based on the Q1 2026 filing.

Nonrecurring (TTM)$2.2BRecurring (TTM)$3.4B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$20.3B
P/E Ratio20.95
ROE36.52%

Products & Services

Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Recurring$792M$816M$841M$876M$826M$887M
Nonrecurring$553M$516M$530M$528M$570M$535M

Geographic

Property, plant and equipment, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
All Other Countries$28M———$40M—

Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America$637M$655M$655M$687M$642M$693M
High-growth markets$379M$346M$377M$379M$403M$360M
Western Europe$299M$302M$310M$309M$320M$339M
Other developed markets$30M$29M$29M$29M$31M$30M

Earnings before income taxes

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-U.S.$132.8M$119M$119M$119M$119M—

Business Segments

CapEx

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation—$7M$8M$6M—$6M
Water Quality$15M$8M$8M$6M$14M$6M

Capital expenditures, gross

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation$8M$7M$8M$6M$6M$6M

Depreciation and amortization of intangible assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$9M$8M$10M$10M$8M$14M
Product Quality & Innovation$10M$11M$9M$10M$11M$10M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$1.3B$1.3B$1.3B$1.3B$1.3B$1.6B
Product Quality & Innovation$1.4B$1.5B$1.5B$1.5B$1.5B$1.5B

Goodwill, Acquired During Period

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation$60.8M$0$0$0$0—
Water Quality$0$5.8M$5.8M$5.8M$5.8M—

Goodwill, Foreign Currency Translation, Gain (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation-$8.5M$15.3M$15.3M$15.3M$15.3M—
Water Quality-$12.3M$15.8M$15.8M$15.8M$15.8M—

Goodwill, Written off Related to Sale of Business Unit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation—$500K$500K$500K$500K—
Water Quality—$0$0$0$0—

Identifiable assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation$2.7B———$2.8B—

Identifiable segment assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$2.5B$2.5B$2.7B$2.9B$2.7B$3.2B
Product Quality & Innovation$2.7B$2.7B$2.8B$2.9B$2.8B$2.9B

Net loss on product line dispositions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation—$1.5M$1.5M$1.5M$1.5M—

Number of product lines

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation—0.250.250.250.25—

Operating Income (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$204M$198M$211M$222M$213M$210M
Product Quality & Innovation—$146M$134M$133M—$144M

Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$811M$794M$825M$856M$846M$874M
Product Quality & Innovation$534M$538M$546M$548M$550M$548M

Segment operating profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Quality & Innovation$124M$146M$134M$133M$136M$144M

Segment Reporting, Other Segment Item, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Water Quality$607M$596M$614M$634M$633M$664M
Product Quality & Innovation$410M$392M$412M$415M$414M$404M