Vertiv Holdings CoVRTEarnings & Financial Report
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.
Revenue
$2.1B
Gross Profit
$756.4M
Operating Profit
$371.6M
Net Profit
$176.6M
Gross Margin
36.5%
Operating Margin
17.9%
Net Margin
8.5%
YoY Growth
19.0%
EPS
$0.46
Vertiv Holdings Co Q3 FY2024 Financial Summary
Vertiv Holdings Co reported revenue of $2.1B (up 19.0% YoY) for Q3 FY2024, with a net profit of $176.6M (up 87.7% YoY) (8.5% margin). Cost of goods sold was $1.3B, operating expenses totaled $384.8M.
Key Financial Metrics
| Total Revenue | $2.1B |
|---|---|
| Net Profit | $176.6M |
| Gross Margin | 36.5% |
| Operating Margin | 17.9% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Vertiv Holdings Co Q3 FY2024 revenue of $2.1B breaks down across 3 segments, led by Product Excluding Spares at $957.0M (46.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Product Excluding Spares | $957.0M | 46.2% |
| Transferred At Point In Time | $893.7M | 43.1% |
| Services And Spares | $241.6M | 11.7% |
Vertiv Holdings Co Annual Revenue by Year
Vertiv Holdings Co annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $10.2B |
| 2024 | $8.0B |
| 2023 | $6.9B |
| 2022 | $5.7B |
Vertiv Holdings Co Quarterly Revenue & Net Profit History
Vertiv Holdings Co results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.6B | +30.1% | $390.1M | 14.7% |
| Q4 FY2025 | $2.9B | +22.7% | $445.6M | 15.5% |
| Q3 FY2025 | $2.7B | +29.0% | $398.5M | 14.9% |
| Q2 FY2025 | $2.6B | +35.1% | $324.2M | 12.3% |
| Q1 FY2025 | $2.0B | +24.2% | $164.5M | 8.1% |
| Q4 FY2024 | $2.3B | +25.8% | $147.0M | 6.3% |
| Q3 FY2024 | $2.1B | +19.0% | $176.6M | 8.5% |
| Q2 FY2024 | $2.0B | +12.6% | $178.1M | 9.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.95B | $2.07B | $2.35B | $2.04B | $2.64B | $2.68B | $2.88B | $2.65B |
| YoY Growth | 12.6% | 19.0% | 25.8% | 24.2% | 35.1% | 29.0% | 22.7% | 30.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.11B | $8.89B | $9.13B | $9.45B | $10.41B | $10.82B | $12.21B | $13.40B |
| Liabilities | $6.57B | $7.08B | $6.70B | $6.78B | $7.28B | $7.31B | $8.27B | $9.16B |
| Equity | $1.54B | $1.81B | $2.43B | $2.67B | $3.13B | $3.51B | $3.94B | $4.24B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $378.4M | $378.2M | $425.2M | $303.3M | $322.9M | $508.7M | $978.9M |