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
$2.6B
Gross Profit
$896.6M
Operating Profit
$442.4M
Net Profit
$324.2M
Gross Margin
34.0%
Operating Margin
16.8%
Net Margin
12.3%
YoY Growth
35.1%
EPS
$0.83
Vertiv Holdings Co Q2 FY2025 Financial Summary
Vertiv Holdings Co reported revenue of $2.6B (up 35.1% YoY) for Q2 FY2025, with a net profit of $324.2M (up 82.0% YoY) (12.3% margin). Cost of goods sold was $1.7B, operating expenses totaled $454.2M.
Key Financial Metrics
| Total Revenue | $2.6B |
|---|---|
| Net Profit | $324.2M |
| Gross Margin | 34.0% |
| Operating Margin | 16.8% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Vertiv Holdings Co Q2 FY2025 revenue of $2.6B breaks down across 2 segments, led by Products at $2.2B (82.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $2.2B | 82.1% |
| Services | $472.1M | 17.9% |
Vertiv Holdings Co Revenue by Segment — Quarterly Trend
Vertiv Holdings Co revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Products | — | — | $2.2B | $2.2B |
| Services | — | $519.5M | $461.4M | $472.1M |
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 |