Veralto Corporation stock research
FY2025 Q4
Veralto (VLTO) Gross Margin — Quarter Ended Dec 31, 2025
Revenue is stable compared to the prior quarter and higher than the same quarter last year. Gross margin weakened slightly from the prior quarter but is broadly stable versus the year-ago period.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue is stable compared to the prior quarter and higher than the same quarter last year. Gross margin weakened slightly from the prior quarter but is broadly stable versus the year-ago period.
- Gross profit is lower sequentially despite flat revenue, with cost of revenue rising moderately, which drove the gross margin decline. The gross margin remains near year-ago levels.
- Compared to the preceding quarter, gross margin weakened slightly as cost of revenue grew while revenue held flat. Versus the same quarter one year earlier, gross margin is essentially stable.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
59.3%
Gross profit
$828.0M
Revenue
$1.4B
Cost of revenue
$568.0M
Quarter-over-quarter change
-0.8 pts
Year-over-year change
-0.2 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Apr 4, 2025 | $1.3B | $805.0M | $527.0M | 60.4% |
| Jul 4, 2025 | $1.4B | $822.0M | $549.0M | 60.0% |
| Oct 3, 2025 | $1.4B | $844.0M | $560.0M | 60.1% |
| Dec 31, 2025 | $1.4B | $828.0M | $568.0M | 59.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Oct 3, 2025
-0.8 pts
Year-over-year change
Dec 31, 2024
-0.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit is lower sequentially despite flat revenue, with cost of revenue rising moderately, which drove the gross margin decline. The gross margin remains near year-ago levels.
Compared to the preceding quarter, gross margin weakened slightly as cost of revenue grew while revenue held flat. Versus the same quarter one year earlier, gross margin is essentially stable.
Monitor the trend in cost of revenue relative to revenue, as a rising cost base in a flat revenue environment pressured gross margin.