Water and product quality technology
Veralto Corporation
Veralto earns revenue from water analysis and treatment equipment and consumables, along with product marking, coding, packaging, and color software. It procures raw materials and electronic components and pays for enterprise infrastructure such as Azure and Salesforce to run production and commercial operations. Acquisitions are a central capital-allocation tool for expanding its water measurement and digital workflow portfolio.
Business categories Industrial Sensing & Test · Industrial Automation & Robotics · primary
VLTO Updated Sep 24, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, Veralto Corporation is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 33 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-24).
Financials & Segments
- Total revenue · FY2025 revenue of $5.503 billion
- Segments · Water Quality · Product Quality & Innovation
Revenue from
- Energizer Holdings Medium confidence
Energizer's North American battery packaging conversion lines use a Videojet laser printer and inkjet date coder. Veralto does not disclose customer-level revenue and reported that no single customer exceeded 10% of consolidated sales in 2025.Confirms EN Packaging World Published Jul 7, 2025: Energizer Gears Up for Paper-based Sustainable Packaging - Bushmills Medium confidence
Videojet has supported Bushmills over a 30-year relationship, supplying six CO2 laser printers and six large-character marking machines plus remote and local service. Customer-level revenue was not disclosed.Confirms EN Packaging Scotland Published Jan 18, 2024: In good spirits: Videojet and Bushmills celebrate three decades of partnership
Pays to
- Microsoft High confidence
Veralto's global IT organization designs, deploys, and operates Microsoft Azure environments across multiple subscriptions and a multi-tenant architecture. Cloud infrastructure spend was not disclosed. - Salesforce, Inc. High confidence
Veralto's OTT water business is consolidating multiple Salesforce instances into one global CRM platform. The software directly supports sales, marketing, and customer service, but contract spend was not disclosed.
Investments
- In-Situ, Inc. High confidence· Amount $427M · 2026-01-22 · Cash consideration for the In-Situ acquisition, net of cash acquired
Veralto completed its acquisition of environmental water measurement and monitoring company In-Situ on January 22, 2026. The SEC 10-K reports approximately $427 million of cash consideration net of cash acquired, a different basis from the $435 million headline agreement value.Mentions EN IndexBox Published Jan 12, 2026: Veralto Corp Q4 2025 Earnings Preview: EPS Growth & In-Situ Acquisition ImpactMentions EN Veralto Investor Relations Published Nov 25, 2025: Veralto Announces Agreement to Acquire In-Situ and Establishes $750 Million Share Repurchase ProgramMentions KO Investing.com Korea Published Nov 25, 2025: Veralto Shares Rise on $435 Million In-Situ Acquisition News
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Veralto Corporation | node | · | · | · | +24.3 | -1.6 | -3.2 |
| Microsoft | benef1 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | +4 |
| Seagate Technology | benef2 | +87.5 | -51.4 | +69.1 | +4.1 | +225.3 | +209.1 |
| AMD | benef2 | +56.9 | -55 | +127.6 | -18.1 | +77.3 | +183.9 |
| Marvell | benef2 | +84.6 | -57.5 | +63.7 | +83.8 | -22.8 | +163.4 |
| Intel | benef2 | +6.1 | -46.6 | +94.6 | -59.6 | +84 | +159.6 |
| Western Digital | benef2 | +17.7 | -51.6 | +66 | +13.9 | +283.7 | +130.9 |
| Astera Labs | benef2 | · | · | · | · | +25.6 | +105.7 |
| Wiwynn | benef2 | +24.7 | -22.3 | +206.4 | +3.5 | +64.4 | +92.3 |
| Vertiv | benef2 | +33.8 | -45.3 | +251.8 | +136.8 | +42.8 | +73.2 |
| GE Vernova | benef2 | · | · | · | · | +99 | +54 |
| Occidental Petroleum | benef2 | +67.7 | +119.1 | -4.1 | -15.9 | -14.9 | +48.2 |
| Arista Networks | benef2 | +97.9 | -15.6 | +94.1 | +87.7 | +18.5 | +47.9 |
| Super Micro | benef2 | +38.8 | +86.8 | +246.2 | +7.2 | -4 | +43 |
| Caterpillar | benef2 | +16 | +18.6 | +25.9 | +24.7 | +60.3 | +40.6 |
| Ciena | benef2 | +45.6 | -33.8 | -11.7 | +88.4 | +175.8 | +37.3 |
| Equinix | benef2 | +20.3 | -21.1 | +25.4 | +19.5 | -16.9 | +37.3 |
| Eaton | benef2 | +46.7 | -7.2 | +56.2 | +39.5 | -2.8 | +36 |
| NVIDIA | benef2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.2 |
| Quanta Computer | benef2 | +22.2 | -12.8 | +254.5 | +12.7 | +8.9 | +21.2 |
| Credo Technology | benef2 | · | · | +46.3 | +245.2 | +114.1 | +18.5 |
| IREN | benef2 | · | -92.3 | +472 | +37.3 | +284.6 | +18.3 |
| Foxconn (Hon Hai) | benef2 | -5.1 | +2.8 | +7.8 | +80.1 | +26.9 | +16.3 |
| Schneider Electric | benef2 | +25.9 | +1.6 | +25.8 | +36.1 | +0.5 | +11.7 |
| Cummins | benef2 | -1.7 | +14.1 | +1.7 | +48.9 | +49.4 | +11 |
| Automatic Data Processing, Inc. | benef2 | +42.6 | -1.3 | -0.2 | +28.4 | -10.2 | +9.6 |
| 3M Company | benef2 | +4.9 | -29.6 | -3.3 | +46.1 | +26.4 | +6.8 |
| Expedia Group, Inc. | benef2 | +36.5 | -51.5 | +73.3 | +22.8 | +53.3 | +5.8 |
| WEC Energy Group | benef2 | +8.7 | -0.5 | -7 | +16.1 | +16 | +3.1 |
| Brookfield Asset Management Ltd. | benef2 | · | · | +45.6 | +39.7 | -0.2 | -9.7 |
| IonQ | benef2 | · | -79.3 | +259.1 | +237.1 | +7.4 | -11.9 |
| Constellation Energy | benef2 | · | · | +37.2 | +92.7 | +58.8 | -15.3 |
| Take-Two Interactive Software, Inc. | benef2 | -14.5 | -41.4 | +54.6 | +14.4 | +39.1 | -16.6 |
YTD as of 2026-09-04 · source: Yahoo Finance
Veralto Corporation operates across Water and product quality technology. It remained weak at -1.6% in 2025 and -3.2% in 2026. The stock (-3.2%) and its supply side (avg +1.2%) are moving in step. Among connected nodes the furthest ahead is Microsoft (+4%) and the furthest behind is Salesforce, Inc. (-1.6%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Acquisitions are a central capital-allocation tool for expanding its water measurement and digital workflow portfolio.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple