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Side-by-side financial comparison of Solstice Advanced Materials Inc. (SOLS) and Veralto (VLTO). Click either name above to swap in a different company.

Veralto is the larger business by last-quarter revenue ($1.4B vs $969.0M, roughly 1.5× Solstice Advanced Materials Inc.). Veralto runs the higher net margin — 17.9% vs -3.6%, a 21.5% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs 6.8%). Veralto produced more free cash flow last quarter ($170.0M vs $41.0M).

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

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.

SOLS vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.5× larger
VLTO
$1.4B
$969.0M
SOLS
Growing faster (revenue YoY)
SOLS
SOLS
+0.1% gap
SOLS
6.8%
6.8%
VLTO
Higher net margin
VLTO
VLTO
21.5% more per $
VLTO
17.9%
-3.6%
SOLS
More free cash flow
VLTO
VLTO
$129.0M more FCF
VLTO
$170.0M
$41.0M
SOLS

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SOLS
SOLS
VLTO
VLTO
Revenue
$969.0M
$1.4B
Net Profit
$-35.0M
$254.0M
Gross Margin
32.0%
60.1%
Operating Margin
17.9%
23.8%
Net Margin
-3.6%
17.9%
Revenue YoY
6.8%
6.8%
Net Profit YoY
-123.0%
12.9%
EPS (diluted)
$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
SOLS
SOLS
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$969.0M
$1.4B
Q2 25
$1.3B
Q4 24
$1.3B
Q3 24
$907.0M
$1.3B
Q2 24
$1.3B
Q1 24
$1.2B
Net Profit
SOLS
SOLS
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$239.0M
Q3 25
$-35.0M
$222.0M
Q2 25
$225.0M
Q4 24
$227.0M
Q3 24
$152.0M
$219.0M
Q2 24
$203.0M
Q1 24
$184.0M
Gross Margin
SOLS
SOLS
VLTO
VLTO
Q1 26
60.1%
Q4 25
60.1%
Q3 25
32.0%
60.0%
Q2 25
60.4%
Q4 24
59.6%
Q3 24
36.6%
59.6%
Q2 24
60.1%
Q1 24
60.0%
Operating Margin
SOLS
SOLS
VLTO
VLTO
Q1 26
23.8%
Q4 25
23.2%
Q3 25
17.9%
22.8%
Q2 25
24.2%
Q4 24
22.9%
Q3 24
21.7%
23.4%
Q2 24
23.2%
Q1 24
23.5%
Net Margin
SOLS
SOLS
VLTO
VLTO
Q1 26
17.9%
Q4 25
17.0%
Q3 25
-3.6%
16.2%
Q2 25
16.9%
Q4 24
16.9%
Q3 24
16.8%
16.7%
Q2 24
15.8%
Q1 24
14.8%
EPS (diluted)
SOLS
SOLS
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.95
Q3 25
$0.89
Q2 25
$0.90
Q4 24
$0.91
Q3 24
$0.88
Q2 24
$0.81
Q1 24
$0.74

Balance Sheet & Financial Strength

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

Metric
SOLS
SOLS
VLTO
VLTO
Cash + ST InvestmentsLiquidity on hand
$417.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOLS
SOLS
VLTO
VLTO
Q1 26
Q4 25
$1.8B
Q3 25
$417.0M
$1.6B
Q2 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.0B
Q1 24
$827.0M
Total Debt
SOLS
SOLS
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
$2.6B
Stockholders' Equity
SOLS
SOLS
VLTO
VLTO
Q1 26
Q4 25
$2.8B
Q3 25
$3.2B
$2.7B
Q2 25
$2.3B
Q4 24
$2.0B
Q3 24
$3.2B
$2.0B
Q2 24
$1.7B
Q1 24
$1.5B
Total Assets
SOLS
SOLS
VLTO
VLTO
Q1 26
Q4 25
$7.4B
Q3 25
$5.2B
$7.2B
Q2 25
$6.6B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$5.9B
Q1 24
$5.7B
Debt / Equity
SOLS
SOLS
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×
Q1 24
1.77×

Cash Flow & Capital Efficiency

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

Metric
SOLS
SOLS
VLTO
VLTO
Operating Cash FlowLast quarter
$289.0M
$182.0M
Free Cash FlowOCF − Capex
$41.0M
$170.0M
FCF MarginFCF / Revenue
4.2%
12.0%
Capex IntensityCapex / Revenue
25.6%
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOLS
SOLS
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$270.0M
Q3 25
$289.0M
$339.0M
Q2 25
$157.0M
Q4 24
$285.0M
Q3 24
$224.0M
Q2 24
$251.0M
Q1 24
$115.0M
Free Cash Flow
SOLS
SOLS
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$41.0M
$323.0M
Q2 25
$142.0M
Q4 24
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
Q1 24
$102.0M
FCF Margin
SOLS
SOLS
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
4.2%
23.6%
Q2 25
10.7%
Q4 24
19.6%
Q3 24
16.4%
Q2 24
18.6%
Q1 24
8.2%
Capex Intensity
SOLS
SOLS
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
25.6%
1.2%
Q2 25
1.1%
Q4 24
1.6%
Q3 24
0.7%
Q2 24
0.9%
Q1 24
1.0%
Cash Conversion
SOLS
SOLS
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
1.53×
Q2 25
0.70×
Q4 24
1.26×
Q3 24
1.02×
Q2 24
1.24×
Q1 24
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

VLTO
VLTO

Segment breakdown not available.

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