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Cohu vs Veralto: revenue, profit, margins and growth compared

Cohu brought in $453M of revenue in fiscal 2025, Veralto $5.5B in fiscal 2025. Revenue changed by +12.7% at Cohu and +6.0% at Veralto on the year before, so Cohu grew faster. Cohu kept -16.4% of its revenue as net profit, Veralto 17.1%. Free cash flow was $10.7M at Cohu and $1B at Veralto.

Side by side, latest fiscal year

COHUVLTO
Fiscal year endedFY2025 (December 27, 2025)FY2025 (December 31, 2025)
Revenue$453M$5.5B
Revenue growth+12.7%+6.0%
Net income-$74.3M$940M
Net margin-16.4%17.1%
Free cash flow$10.7M$1B
Free cash flow margin2.4%18.4%
Earnings per share (diluted)-$1.59$3.76
Cash$227.1M$2B
Debt$305.1M$2.7B
Price to earningsn/a25.8
Market value$3.2B$23.7B
Dividend yieldn/an/a
Rank by revenue in sector#330 of 451 · Industrials#113 of 451 · Industrials

Over the years

Revenue
COHU FY2018: $451.8MCOHU FY2019: $583.3MCOHU FY2020: $636MCOHU FY2021: $887.2MCOHU FY2022: $812.8MCOHU FY2023: $636.3MCOHU FY2024: $401.8MCOHU FY2025: $453MVLTO FY2021: $4.7BVLTO FY2023: $4.9BVLTO FY2023: $5BVLTO FY2024: $5.2BVLTO FY2025: $5.5BFY18FY19FY20FY21FY22FY23FY24FY25
COHU $453MVLTO $5.5B
Net income
COHU FY2018: -$32.2MCOHU FY2019: -$69.7MCOHU FY2020: -$13.8MCOHU FY2021: $167.3MCOHU FY2022: $96.8MCOHU FY2023: $28.2MCOHU FY2024: -$69.8MCOHU FY2025: -$74.3MVLTO FY2021: $861MVLTO FY2023: $845MVLTO FY2023: $839MVLTO FY2024: $833MVLTO FY2025: $940MFY18FY19FY20FY21FY22FY23FY24FY25
COHU -$74.3MVLTO $940M
Net margin
COHU FY2018: -7.1%COHU FY2019: -11.9%COHU FY2020: -2.2%COHU FY2021: 18.9%COHU FY2022: 11.9%COHU FY2023: 4.4%COHU FY2024: -17.4%COHU FY2025: -16.4%VLTO FY2021: 18.3%VLTO FY2023: 17.4%VLTO FY2023: 16.7%VLTO FY2024: 16.0%VLTO FY2025: 17.1%FY18FY19FY20FY21FY22FY23FY24FY25
COHU -16.4%VLTO 17.1%
Revenue growth
COHU FY2019: +29.1%COHU FY2020: +9.0%COHU FY2021: +39.5%COHU FY2022: -8.4%COHU FY2023: -21.7%COHU FY2024: -36.9%COHU FY2025: +12.7%VLTO FY2023: +3.6%VLTO FY2023: +3.1%VLTO FY2024: +3.4%VLTO FY2025: +6.0%FY19FY20FY21FY22FY23FY24FY25
COHU +12.7%VLTO +6.0%
Free cash flow
COHU FY2018: $29.5MCOHU FY2019: -$731KCOHU FY2020: $31.2MCOHU FY2021: $85.9MCOHU FY2022: $98.1MCOHU FY2023: $85.4MCOHU FY2024: -$7.9MCOHU FY2025: $10.7MVLTO FY2021: $842MVLTO FY2023: $836MVLTO FY2023: $909MVLTO FY2024: $820MVLTO FY2025: $1BFY18FY19FY20FY21FY22FY23FY24FY25
COHU $10.7MVLTO $1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Cohu and Veralto

Which is bigger by revenue, Cohu or Veralto?

Veralto is bigger by revenue: $5.5B in fiscal 2025, against $453M for Cohu in fiscal 2025.

Which keeps more of its revenue as profit, Cohu or Veralto?

Cohu had a net margin of -16.4% in fiscal 2025; Veralto had 17.1% in fiscal 2025.

Which grew revenue faster, Cohu or Veralto?

In their latest fiscal years revenue changed by +12.7% at Cohu and +6.0% at Veralto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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