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Side-by-side financial comparison of Agilent Technologies (A) and Veralto (VLTO). Click either name above to swap in a different company.

Agilent Technologies is the larger business by last-quarter revenue ($1.8B vs $1.4B, roughly 1.3× Veralto). Veralto runs the higher net margin — 17.9% vs 17.0%, a 0.9% gap on every dollar of revenue. On growth, Agilent Technologies posted the faster year-over-year revenue change (7.0% vs 6.8%). Agilent Technologies produced more free cash flow last quarter ($175.0M vs $170.0M). Over the past eight quarters, Agilent Technologies's revenue compounded faster (6.9% CAGR vs 6.8%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

A vs VLTO — Head-to-Head

Bigger by revenue
A
A
1.3× larger
A
$1.8B
$1.4B
VLTO
Growing faster (revenue YoY)
A
A
+0.2% gap
A
7.0%
6.8%
VLTO
Higher net margin
VLTO
VLTO
0.9% more per $
VLTO
17.9%
17.0%
A
More free cash flow
A
A
$5.0M more FCF
A
$175.0M
$170.0M
VLTO
Faster 2-yr revenue CAGR
A
A
Annualised
A
6.9%
6.8%
VLTO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
A
A
VLTO
VLTO
Revenue
$1.8B
$1.4B
Net Profit
$305.0M
$254.0M
Gross Margin
52.6%
60.1%
Operating Margin
19.6%
23.8%
Net Margin
17.0%
17.9%
Revenue YoY
7.0%
6.8%
Net Profit YoY
-4.1%
12.9%
EPS (diluted)
$1.07
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
VLTO
VLTO
Q1 26
$1.8B
$1.4B
Q4 25
$1.9B
$1.4B
Q3 25
$1.7B
$1.4B
Q2 25
$1.7B
$1.3B
Q1 25
$1.7B
Q4 24
$1.7B
$1.3B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.3B
Net Profit
A
A
VLTO
VLTO
Q1 26
$305.0M
$254.0M
Q4 25
$434.0M
$239.0M
Q3 25
$336.0M
$222.0M
Q2 25
$215.0M
$225.0M
Q1 25
$318.0M
Q4 24
$351.0M
$227.0M
Q3 24
$282.0M
$219.0M
Q2 24
$308.0M
$203.0M
Gross Margin
A
A
VLTO
VLTO
Q1 26
52.6%
60.1%
Q4 25
53.2%
60.1%
Q3 25
51.1%
60.0%
Q2 25
51.9%
60.4%
Q1 25
53.5%
Q4 24
53.9%
59.6%
Q3 24
54.2%
59.6%
Q2 24
54.4%
60.1%
Operating Margin
A
A
VLTO
VLTO
Q1 26
19.6%
23.8%
Q4 25
23.8%
23.2%
Q3 25
20.7%
22.8%
Q2 25
18.0%
24.2%
Q1 25
22.4%
Q4 24
24.0%
22.9%
Q3 24
21.1%
23.4%
Q2 24
23.1%
23.2%
Net Margin
A
A
VLTO
VLTO
Q1 26
17.0%
17.9%
Q4 25
23.3%
17.0%
Q3 25
19.3%
16.2%
Q2 25
12.9%
16.9%
Q1 25
18.9%
Q4 24
20.6%
16.9%
Q3 24
17.9%
16.7%
Q2 24
19.6%
15.8%
EPS (diluted)
A
A
VLTO
VLTO
Q1 26
$1.07
$1.02
Q4 25
$1.53
$0.95
Q3 25
$1.18
$0.89
Q2 25
$0.75
$0.90
Q1 25
$1.11
Q4 24
$1.23
$0.91
Q3 24
$0.97
$0.88
Q2 24
$1.05
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$6.9B
Total Assets
$12.8B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
VLTO
VLTO
Q1 26
$1.8B
Q4 25
$1.8B
$1.8B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.2B
Q1 25
$1.5B
Q4 24
$1.3B
$1.1B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$1.0B
Total Debt
A
A
VLTO
VLTO
Q1 26
$3.0B
Q4 25
$3.0B
$2.7B
Q3 25
$3.4B
$2.7B
Q2 25
$3.3B
$2.6B
Q1 25
$3.3B
Q4 24
$3.3B
$2.6B
Q3 24
$2.1B
$2.6B
Q2 24
$2.1B
$2.6B
Stockholders' Equity
A
A
VLTO
VLTO
Q1 26
$6.9B
Q4 25
$6.7B
$2.8B
Q3 25
$6.4B
$2.7B
Q2 25
$6.1B
$2.3B
Q1 25
$6.0B
Q4 24
$5.9B
$2.0B
Q3 24
$5.9B
$2.0B
Q2 24
$6.2B
$1.7B
Total Assets
A
A
VLTO
VLTO
Q1 26
$12.8B
Q4 25
$12.7B
$7.4B
Q3 25
$12.2B
$7.2B
Q2 25
$12.2B
$6.6B
Q1 25
$11.9B
Q4 24
$11.8B
$6.4B
Q3 24
$11.0B
$6.3B
Q2 24
$10.9B
$5.9B
Debt / Equity
A
A
VLTO
VLTO
Q1 26
0.44×
Q4 25
0.45×
0.94×
Q3 25
0.53×
1.01×
Q2 25
0.55×
1.14×
Q1 25
0.56×
Q4 24
0.57×
1.28×
Q3 24
0.36×
1.35×
Q2 24
0.34×
1.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
VLTO
VLTO
Operating Cash FlowLast quarter
$268.0M
$182.0M
Free Cash FlowOCF − Capex
$175.0M
$170.0M
FCF MarginFCF / Revenue
9.7%
12.0%
Capex IntensityCapex / Revenue
5.2%
0.8%
Cash ConversionOCF / Net Profit
0.88×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$993.0M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
VLTO
VLTO
Q1 26
$268.0M
$182.0M
Q4 25
$545.0M
$270.0M
Q3 25
$362.0M
$339.0M
Q2 25
$221.0M
$157.0M
Q1 25
$431.0M
Q4 24
$481.0M
$285.0M
Q3 24
$452.0M
$224.0M
Q2 24
$333.0M
$251.0M
Free Cash Flow
A
A
VLTO
VLTO
Q1 26
$175.0M
$170.0M
Q4 25
$452.0M
$258.0M
Q3 25
$259.0M
$323.0M
Q2 25
$107.0M
$142.0M
Q1 25
$334.0M
Q4 24
$388.0M
$263.0M
Q3 24
$360.0M
$215.0M
Q2 24
$230.0M
$240.0M
FCF Margin
A
A
VLTO
VLTO
Q1 26
9.7%
12.0%
Q4 25
24.3%
18.4%
Q3 25
14.9%
23.6%
Q2 25
6.4%
10.7%
Q1 25
19.9%
Q4 24
22.8%
19.6%
Q3 24
22.8%
16.4%
Q2 24
14.6%
18.6%
Capex Intensity
A
A
VLTO
VLTO
Q1 26
5.2%
0.8%
Q4 25
5.0%
0.9%
Q3 25
5.9%
1.2%
Q2 25
6.8%
1.1%
Q1 25
5.8%
Q4 24
5.5%
1.6%
Q3 24
5.8%
0.7%
Q2 24
6.5%
0.9%
Cash Conversion
A
A
VLTO
VLTO
Q1 26
0.88×
0.72×
Q4 25
1.26×
1.13×
Q3 25
1.08×
1.53×
Q2 25
1.03×
0.70×
Q1 25
1.36×
Q4 24
1.37×
1.26×
Q3 24
1.60×
1.02×
Q2 24
1.08×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

VLTO
VLTO

Segment breakdown not available.

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