Veralto (VLTO) Cost of Revenue (2022 - 2026)
Veralto (VLTO) reported Cost of Revenue of $572 million for Q2 2026, up 4.2% from $549 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Veralto (VLTO) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the twelve months ended Jul 3, 2026, Veralto's Cost of Revenue came in at $2.27 billion, up 5.4% year-over-year; for FY2025, it came in at $2.2 billion, up 5.6% from FY2024.
- Cost of Revenue has a four-year compound annual growth rate of 2.6% (FY2021 to FY2025).
- By year, Cost of Revenue came in at $2.09 billion in FY2024 (-1.5%), $2.12 billion in FY2023 (+0.5%), $2.11 billion in FY2022 (+6.2%) and $1.99 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q3 2022.
- Year over year, Cost of Revenue has now increased in each of the last seven quarters, with growth averaging 4.3% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 7.8%); the low point was Q1 2024 (a decline of 3.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $568 million (Q1 2026), $568 million (Q4 2025) and $560 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.74 Bn | 68.51 Bn | 1.95 Bn | 2.47 Bn |
| 2 | Xylem | 23.78 Bn | 19.27 Bn | 963.00 Mn | 1.37 Bn |
| 3 | Veralto | 23.12 Bn | 15.77 Bn | 902.00 Mn | 572.00 Mn |
| 4 | Badger Meter | 3.70 Bn | 2.97 Bn | 90.77 Mn | 131.55 Mn |
| 5 | Ceco Environmental | 3.19 Bn | 3.02 Bn | 86.47 Mn | 198.49 Mn |
| 6 | NWPX Infrastructure | 1.02 Bn | 983.22 Mn | 34.36 Mn | 125.12 Mn |
| 7 | Energy Recovery | 346.45 Mn | 21.62 Mn | 8.96 Mn | 3.04 Mn |
| 8 | Cadiz | 322.34 Mn | 290.78 Mn | -24,000.00 | 1.00 Mn |
| 9 | AirJoule Technologies | 287.52 Mn | 167.15 Mn | - | - |
| 10 | LanzaTech Global | 79.06 Mn | -36.08 Mn | 1.91 Mn | 7.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 572.00 Mn |
| Apr 3, 2026 | 568.00 Mn |
| Dec 31, 2025 | 568.00 Mn |
| Oct 3, 2025 | 560.00 Mn |
| Jul 4, 2025 | 549.00 Mn |
| Apr 4, 2025 | 527.00 Mn |
| Dec 31, 2024 | 544.00 Mn |
| Sep 27, 2024 | 531.00 Mn |
| Jun 28, 2024 | 514.00 Mn |
| Mar 29, 2024 | 499.00 Mn |
| Dec 31, 2023 | 542.00 Mn |
| Sep 29, 2023 | 532.00 Mn |
| Jun 30, 2023 | 529.00 Mn |
| Mar 31, 2023 | 517.00 Mn |
| Dec 31, 2022 | 537.00 Mn |
| Sep 30, 2022 | 525.00 Mn |
API Access
Veralto Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VLTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VLTO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VLTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();