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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-07-03 | Q1 FY262026-04-03 | Q4 FY252025-12-31 | Q3 FY252025-10-03 | Q2 FY252025-07-04 | Q1 FY252025-04-04 | Q4 FY242024-12-31 | Q3 FY242024-09-27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.42B | $1.40B | $1.40B | $1.37B | $1.33B | $1.35B | $1.31B |
| Cost of revenue | $572.00M | $568.00M | $568.00M | $560.00M | $549.00M | $527.00M | $544.00M | $531.00M |
| Gross profit | $902.00M | $854.00M | $828.00M | $844.00M | $822.00M | $805.00M | $801.00M | $783.00M |
| Gross margin | 61.2% | 60.1% | 59.3% | 60.1% | 60.0% | 60.4% | 59.6% | 59.6% |
| Research and development | $73.00M | $68.00M | $68.00M | $67.00M | $67.00M | $64.00M | $69.00M | $63.00M |
| Selling, general and administrative | $514.00M | $448.00M | $444.00M | $451.00M | $442.00M | $419.00M | $424.00M | $412.00M |
| Operating expenses | $587.00M | $516.00M | $512.00M | $518.00M | $509.00M | $483.00M | $493.00M | $475.00M |
| Operating income | $315.00M | $338.00M | $316.00M | $326.00M | $313.00M | $322.00M | $308.00M | $308.00M |
| Operating margin | 21.4% | 23.8% | 22.6% | 23.2% | 22.8% | 24.2% | 22.9% | 23.4% |
| EBITDA | $344.00M | $362.00M | $336.00M | $346.00M | $332.00M | $341.00M | $328.00M | $325.00M |
| Interest expense | −$27.00M | −$24.00M | −$20.00M | −$21.00M | −$28.00M | −$27.00M | −$28.00M | −$27.00M |
| Income before taxes | $289.00M | $321.00M | $293.00M | $306.00M | $285.00M | $289.00M | $280.00M | $286.00M |
| Income taxes | $48.00M | $67.00M | $39.00M | $67.00M | $63.00M | $64.00M | $53.00M | $67.00M |
| Net income | $241.00M | $254.00M | $254.00M | $239.00M | $222.00M | $225.00M | $227.00M | $219.00M |
| Net margin | 16.4% | 17.9% | 18.2% | 17.0% | 16.2% | 16.9% | 16.9% | 16.7% |
| EPS, basic | $0.98 | $1.03 | $1.02 | $0.96 | $0.89 | $0.91 | $0.92 | $0.89 |
| EPS, diluted | $0.98 | $1.02 | $1.01 | $0.96 | $0.89 | $0.90 | $0.91 | $0.89 |
| Diluted shares | 245.80M | 249.20M | 250.60M | 250.60M | 249.90M | 250.10M | 250.30M | 250.00M |
Figures describe Veralto shares, not any token. As of Jul 29, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.