EarningsQ2 2026 Earnings Report
MX:VLTO Q2 2026 EPS Results
Actual EPS$20.41
Consensus EPS$18.52
Beat/MissBeat by +$1.89
One Year Ago EPS$17.10
MX:VLTO Q2 2026 Revenue Results
Actual Revenue$27.11B
Expected Revenue$26.76B
Beat/MissBeat by +$351.03M
YoY Revenue Growth+7.51%
Earnings Announcement Details
QuarterQ2 2026
Date07/28/2026
TimeAfter Close
Conference CallTuesday, July 28, 2026
MX:VLTO Upcoming Earnings
Veralto Corporation's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:VLTO Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed solid operational and financial momentum: healthy revenue and adjusted EPS growth, strong free cash flow, upgraded EPS guidance, active bolt-on M&A and share repurchases, and expectations for accelerating core growth and margin expansion. Headwinds are mostly limited or one-time (tariff refunds), with region- and segment-specific softness (China water, modest PQI growth), input volatility in ChemTreat, and cost savings weighted to 2027. On balance the positive developments — notably upgraded guidance, cash generation, and commercial momentum from acquisitions — outweigh the lowlights.Company Guidance
Revenue and EPS Growth
Total sales grew 7.6% year-over-year in Q2 and adjusted EPS increased 19.4% year-over-year.
Strong Free Cash Flow and Capital Allocation
Generated robust free cash flow of $328 million in Q2; repurchased over 5 million shares year-to-date for approximately $480 million (~2% of the company) and continue opportunistic buybacks alongside bolt-on M&A.
Core Sales Growth and Segment Performance
Delivered 4.2% core sales growth in Q2, led by Water Quality (5.7%) and PQI (2%); management expects core sales growth to accelerate to ~5%–6% year-over-year in the second half.
Raised Full-Year Guidance
Raised full-year adjusted EPS guidance to $4.35–$4.43 per share, implying 12%–14% growth year-over-year based on Q2 performance and portfolio momentum.
Acquisitions and Commercial Momentum
Completed strategic bolt-on acquisition Alfaa UV (India) to expand Trojan/UV footprint; management reports strong early commercial synergies from recent M&A (Esko, TraceGains, GlobalVision, AQUAFIDES) accelerating top-line growth.
Margin Recovery and Outlook
Reported one-time IEEPA tariff refunds of ~$16 million ($10M PQI, $6M Water Quality) which contributed ~110 bps to adjusted operating margin; company expects sequential margin improvement (~25 bps in Q3 and 25–50 bps for full year, with Q4 north of 50 bps led by PQI).
Durable End-Market Drivers
Water industrial demand (data center ecosystem, power, mining, semi-conductor, reshoring) and secular drivers for water recycling/reuse and PQI digital workflow demand (traceability, compliance) cited as durable growth catalysts.
MX:VLTO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed