VLTO

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Veralto Reports Third Quarter 2026 Results

WALTHAM, Mass., (October 29, 2026) – 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.

Key Third Quarter 2026 Results:

•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:

•Deployed $1.1 billion on four strategic acquisitions: In-Situ, GlobalVision, Alfaa UV and Cleanwater1 (2)

•Repurchased $550 million of shares, or 2.4% of outstanding shares (3)

•Early gains from Cost Optimization Program - expected full year 2026 savings now $10-$15 million

“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,” said Jennifer L. Honeycutt, President and Chief Executive Officer. “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.”

Honeycutt continued, “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.”

“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,” concluded Honeycutt.

(1) Year-to-date 2026 capital allocation and strategic actions are as of October 28, 2026

(2) The acquisition of Cleanwater1 closed on October 5, 2026

(3) Year-to-date share repurchases as of October 28, 2026. 2.4% is calculated off the Company’s outstanding shares as of February 13, 2026

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2026 Guidance

The Company provides forecasted sales guidance on a non-GAAP basis because of the difficulty in estimating the other components of GAAP sales, such as currency translation, acquisitions, and divestitures.

For the fourth quarter of 2026, the Company anticipates non-GAAP core sales growth in the range of 5.5% to 6.5% year-over-year. Adjusted operating profit margin is expected to be approximately 24.5%, broadly in line with the prior year period, net of growth investments and the impact from acquisitions. The Company’s fourth quarter adjusted diluted earnings per share guidance is in the range of $1.13 to $1.16 per share.

For the full year 2026, the Company raised its non-GAAP core sales growth to a range of 4.2% to 4.5% year-over-year, up from the prior guidance range of 4.0% to 4.5%. Adjusted operating profit margin is now expected to expand approximately 50 basis points year-over-year, up from the prior guidance range of 25-50 basis points. The Company raised its guidance for adjusted diluted earnings to a range of $4.49 to $4.52 per share, up from the prior guidance range of $4.35 to $4.43 per share. The Company also raised its free cash flow conversion guidance to greater than 105% of GAAP net earnings, up from the prior guidance of greater than 100% conversion.

Conference Call and Webcast Information

Veralto will webcast its third quarter 2026 earnings c

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Veralto Reports Second Quarter 2026 Results

WALTHAM, Mass., (July 28, 2026) – 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 second quarter ended July 3, 2026.

Key Second Quarter 2026 Results:

•Sales increased 7.6% year-over-year to $1,474 million, with non-GAAP core sales growth of 4.2%

•Operating profit margin was 21.4% and non-GAAP adjusted operating profit margin was 24.6%

•Net earnings were $241 million, or $0.98 per diluted common share

•Non-GAAP, adjusted net earnings were $274 million, or $1.11 per diluted common share

•Operating cash flow was $340 million and non-GAAP free cash flow was $328 million

•These second quarter results include benefits from recoveries of tariffs previously collected under the International Emergency Economic Powers Act (“IEEPA”) of approximately $0.05 per share

"In the second quarter, total sales grew approximately 8%, adjusted earnings per share increased 19%, and we generated robust free cash flow. We delivered 4.2% core sales growth year-over-year, led by Water Quality at 5.7%, with sequential acceleration in both segments. We continue to advance long-term value creation through strategic bolt-on acquisitions - including In-Situ, GlobalVision and, most recently, Alfaa UV - as well as opportunistic share repurchases. These actions reflect the accelerating growth profile of our portfolio, our VES-driven execution and commitment to disciplined capital allocation," said Jennifer L. Honeycutt, President and Chief Executive Officer.

Honeycutt continued, "In Water Quality, we continue to benefit from strong demand across industrial water treatment, water reuse initiatives and environmental water monitoring workflows. Demand for water analytics supporting the daily operations of our municipal customers remains steady. In PQI, demand also remains steady for our marking and coding solutions, while our digital workflow solutions in packaging and color continue to deliver strong underlying growth. We expect PQI core sales growth to accelerate meaningfully in the second half, driven by increasing adoption of digital workflow solutions and contributions from recent product launches.”

"Looking ahead, we expect total year-over-year core sales growth to accelerate to approximately 5% to 6% in the second half of the year. Reflecting this momentum and our strong first half performance, we increased our full-year adjusted earnings per share guidance to $4.35 to $4.43, representing 12% to 14% year-over-year growth. Supported by a strong balance sheet and robust cash generation, we remain focused on compounding long-term shareholder value through high-quality growth, VES-driven execution and disciplined capital allocation," concluded Honeycutt.

2026 Guidance

The Company provides forecasted sales guidance on a non-GAAP basis because of the difficulty in estimating the other components of GAAP sales, such as currency translation, acquisitions, and divestitures.

For the third quarter of 2026, the Company anticipates non-GAAP core sales growth in the range of 4.0% to 5.0% year-over-year with adjusted operating profit margin expansion of approximately 25 basis points year-over-year. The Company’s third quarter adjusted diluted earnings per share guidance is in the range of $1.06 to $1.09 per share.

For the full year 2026, the Company raised its non-GAAP core sales growth to a range of 4.0% to 4.5% year-over-year, up from the prior guidance range of 3.0% to 4.5%. Adjusted operating profit margin is expected to expand 25 to 50 basis points year-over-year, including the benefit of IEEPA tariff refunds received in the second quarter. The Company raised its guidance for adjusted diluted earnings to a range of $4.35 to $4.43 per share, up from the prior

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guidance range of $4.20 to $4.28 per share. This includes a $0.05 per share benefit related to IEEPA tariff refunds received in the second quarter. Free cash flow conversion guidance has been increased to greater than 100% of GAAP net earnings.

Conference Call and Webcast Information

Veralto will webcast its second quarter 2026 earnings conference call tomorrow starting at 7:30 a.m. (ET). Access to the webcast, slide presentation and prepared remarks will be available on the “Investors” section of Veralto’s website, www.veralto.com, under the subheading “News & Events” and additional materials will be posted to the same section of Veralto’s website. A replay of the webcast will be available in the same section of Veralto’s website shortly after the conclusion of the call and will remain available until the next quarterly earnings call.

The conference call can be accessed by dialing +1 (833) 309-3473 (U.S.) or +1 (785) 838-9251 (INTL) (Conference ID: VLTO2Q26). A replay of the conference call will be availabl

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