VLTO · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness and Interest

Veralto Corp · 2026-04-29 · Importance 61 · Surprise 50

The Company recorded net interest expense of $24 million and $27 million for the three-month periods ended April 3, 2026 and April 4, 2025, respectively, arising from outstanding indebtedness that was incurred in September 2023. Management discloses an upcoming debt maturity in 2026 and is evaluating various alternatives for that maturity, with timing, structure and terms to depend on capital market conditions. Veralto notes it may access commercial paper, borrow under its credit facility or access capital markets under its shelf registration to address refinancing needs. The quarter-over-quarter change in net interest expense (a decrease from $27M to $24M) is a greater-than-10% YoY movement in this expense line.

Key facts

• Management stated the Company has an upcoming debt maturity in 2026 and is evaluating various alternatives with respect to this maturity.
• Net interest expense was $24 million for the three-month period ended April 3, 2026 and $27 million for the three-month period ended April 4, 2025.
• The Company's outstanding indebtedness was incurred in September 2023.

Impact estimates