Vertiv Holdings Co (VRT) income statement
NYSE · Industrials · Electrical Equipment & Parts · 34,000 employees · CEO Giordano Albertazzi
- Price
- $232.50 -5.46%
- Market cap
- $89.5B
- Enterprise value
- $89.3B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-10 EPS est. $2.27
Vertiv Holdings Co (VRT) reported revenue of $4.31B for Q3 '26 (+61.2% year on year), operating income of $984M (22.8% of revenue) and net income of $765M. Over the last four quarters revenue was $13.1B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.64B | $1.95B | $2.07B | $2.35B | $2.04B | $2.64B | $2.68B | $2.88B | $2.65B | $3.27B | $4.31B | |
| Cost of revenue | $1.18B | $1.07B | $1.21B | $1.32B | $1.48B | $1.35B | $1.74B | $1.67B | $1.76B | $1.65B | $2.04B | $2.67B | |
| Gross profit | $683M | $566M | $741M | $756M | $870M | $687M | $897M | $1.01B | $1.12B | $1B | $1.23B | $1.64B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $557M | |
| Other operating expenses | $49.4M | $49.8M | $41.4M | $50.2M | $49.6M | $45.8M | $54.4M | $48.1M | $52.9M | $109M | $103M | $103M | |
| Operating expenses | $398M | $364M | $405M | $385M | $411M | $392M | $450M | $462M | $515M | $566M | $597M | $660M | |
| Operating income | $285M | $203M | $336M | $372M | $459M | $294M | $447M | $548M | $607M | $434M | $638M | $984M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.4M | $0 | $0 | |
| Interest expense | $42.9M | $39M | $44.8M | $35.9M | $30.7M | $25.3M | $21.3M | $22.8M | $16.7M | $0 | $17.4M | $6.4M | |
| Other non-operating income (gains on investments, FX ...) | $55M | $177M | $26.5M | $67.2M | $183M | $3.7M | $4.2M | $33.3M | $27M | $0 | $500K | -$17.4M | |
| Total non-operating income | -$97.9M | -$216M | -$71.3M | -$103M | -$214M | -$29M | -$25.5M | -$56.1M | -$43.7M | $4.7M | -$17.9M | $11M | |
| Income before tax | $187M | -$13M | $265M | $269M | $245M | $265M | $421M | $492M | $563M | $438M | $620M | $995M | |
| Income tax | -$45.3M | -$7.1M | $86.6M | $91.9M | $98.2M | $101M | $96.9M | $93.7M | $118M | $48.2M | $122M | $230M | |
| Net income | $233M | -$5.9M | $178M | $177M | $147M | $165M | $324M | $399M | $446M | $390M | $498M | $765M | |
| EPS (basic) | $0.61 | -$0.02 | $0.48 | $0.47 | $0.39 | $0.43 | $0.85 | $1.04 | $1.17 | $1.02 | $1.29 | $1.99 | |
| EPS (diluted) | $0.60 | -$0.02 | $0.46 | $0.46 | $0.38 | $0.42 | $0.83 | $1.02 | $1.14 | $0.99 | $1.27 | $1.95 | |
| Shares (basic, weighted) | 382M | 379M | 375M | 375M | 377M | 381M | 381M | 381M | 382M | 383M | 385M | 385M | |
| Shares (diluted, weighted) | 390M | 379M | 384M | 384M | 386M | 390M | 390M | 390M | 392M | 392M | 393M | 393M | |
| Depreciation & amortization | $68.9M | $68.7M | $68.4M | $68.9M | $71M | $71.6M | $73.3M | $75.4M | $88.3M | $108M | $116M | $65.3M | |
| EBITDA | $299M | $94.7M | $378M | $373M | $347M | $362M | $516M | $590M | $668M | $541M | $753M | $1.07B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.94B | $3.88B | $4.29B | $4.43B | $4.37B | $5B | $5.69B | $6.86B | $8.01B | $10.2B | |
| Cost of revenue | $2.53B | $2.57B | $2.87B | $3.11B | $2.9B | $3.48B | $4.08B | $4.46B | $5.08B | $6.51B | |
| Gross profit | $1.41B | $1.31B | $1.42B | $1.32B | $1.47B | $1.52B | $1.62B | $2.4B | $2.93B | $3.72B | |
| Research & development | $129M | $167M | $198M | $229M | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $1.04M | $7.74M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | -$129M | -$167M | -$198M | $0 | $252M | $154M | $210M | $171M | $178M | $201M | |
| Operating expenses | $303K | $1.28K | $1.04M | $1.1B | $1.26B | $1.26B | $1.39B | $1.48B | $1.55B | $1.82B | |
| Operating income | -$303K | $60.1M | -$1.04M | $223M | $214M | $260M | $228M | $917M | $1.38B | $1.9B | |
| Interest expense | $0 | $0 | $0 | $310M | $150M | $90.6M | $147M | $180M | $150M | $86.1M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | -$7.41M | $16.9M | $318M | $3.1M | -$86.5M | $203M | $466M | $68.2M | |
| Total non-operating income | -$50M | -$467M | $7.41M | $0 | -$468M | -$93.7M | -$60.8M | -$383M | -$617M | -$154M | |
| Income before tax | $251M | -$407M | $6.37M | -$104M | -$255M | $166M | $167M | $534M | $765M | $1.74B | |
| Income tax | $140M | $19.7M | $1.34M | $36.5M | $72.7M | $46.6M | $90.4M | $73.5M | $270M | $409M | |
| Net income | -$303K | -$1.28K | $5.03M | -$141M | -$327M | $120M | $76.6M | $460M | $496M | $1.33B | |
| EPS (basic) | -$0.00 | $0.00 | $0.06 | -$1.19 | -$1.07 | $0.34 | -$0.04 | $1.21 | $1.32 | $3.49 | |
| EPS (diluted) | -$0.00 | $0.00 | $0.06 | -$1.19 | -$1.07 | $0.34 | -$0.04 | $1.19 | $1.28 | $3.41 | |
| Shares (basic, weighted) | 69M | 86.3M | 86.3M | 118M | 307M | 356M | 377M | 380M | 376M | 382M | |
| Shares (diluted, weighted) | 69M | 86.3M | 86.3M | 118M | 307M | 356M | 378M | 386M | 386M | 391M | |
| Depreciation & amortization | $161M | $396M | $243M | $203M | $203M | $227M | $302M | $271M | $277M | $309M | |
| EBITDA | $160M | $396M | $249M | $409M | $98.9M | $484M | $617M | $985M | $1.19B | $2.14B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01