Veralto Corporation today reported its third-quarter results for the period ended October 2, 2026. The company recorded $1.509 billion in total revenue, marking a 7.5% year-over-year increase. Net earnings came in at $253 million, representing $1.03 per diluted common share. On a non-GAAP basis, adjusted net earnings rose to $290 million ($1.18 per diluted common share). Operating cash flow amounted to $323 million, while non-GAAP free cash flow stood at $304 million.
During the year-to-date period ended October 28, 2026, the corporation completed $1.1 billion in strategic acquisitions, including In-Situ, GlobalVision, Alfaa UV, and Cleanwater1. Furthermore, the firm repurchased $550 million worth of stock, equivalent to 2.4% of its outstanding shares. Additionally, anticipated cost savings from early stages of the Cost Optimization Program are projected to yield $10 million to $15 million in full-year 2026 savings.
Consequently, Veralto Corporation has revised its full-year 2026 guidance. It now projects non-GAAP core sales growth between 4.2% and 4.5% year-over-year, an upward revision from the previous 4.0% to 4.5% range. The board of directors also increased guidance for adjusted diluted earnings to $4.49 to $4.52 per share, upgrading from the prior range of $4.35 to $4.43 per share. Looking ahead to the fourth quarter, the company expects non-GAAP core sales growth to fall within the 5.5% to 6.5% range year-over-year.