Income Statement - Vertiv Holdings Co (VRT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 10,229.90 | 8,011.80 | 6,863.20 | 5,691.50 | 4,998.10 | 4,370.60 | 4,431.20 | 4,285.60 | 3,879.40 | 1,301.85 |
| Cost of revenue | 6,715.10 | 5,259.00 | 4,644.00 | 4,291.20 | 3,619.70 | 3,025.60 | 3,107.40 | 2,865.20 | 2,566.80 | 914.40 |
| Gross profit | 3,514.80 | 2,752.80 | 2,219.20 | 1,400.30 | 1,378.40 | 1,345.00 | 1,323.80 | 1,420.40 | 1,312.60 | 387.45 |
| Total operating expenses | 1,617.80 | 1,374.00 | 1,312.30 | 1,178.30 | 1,109.00 | 1,008.40 | 1,100.80 | 1.04 | 0.00 | 0.30 |
| Operating income | 1,897.00 | 1,378.80 | 906.90 | 222.00 | 269.40 | 336.60 | 223.00 | -1.04 | 0.00 | -0.30 |
| Non-operating income (net) | -155.10 | -613.40 | -373.20 | -55.00 | -103.20 | -591.20 | -327.30 | 7.41 | 0.00 | 0.00 |
| Income before tax | 1,741.90 | 765.40 | 533.70 | 167.00 | 166.20 | -254.60 | -104.30 | 6.37 | 0.00 | -0.30 |
| Income tax expense | 409.10 | 269.60 | 73.50 | 90.40 | 46.60 | 72.70 | 36.50 | 1.34 | -19.70 | 30.00 |
| Net income | 1,332.80 | 495.80 | 460.20 | 76.60 | 119.60 | -327.30 | -140.80 | 5.03 | 0.00 | -0.30 |
Show Quarterly Income Statement
Income Statement - Vertiv Holdings Co (VRT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,649.50 | 2,880.00 | 2,675.80 | 2,638.10 | 2,036.00 | 2,346.40 | 2,073.50 | 1,952.80 | 1,639.10 | 1,865.40 | 1,742.60 | 1,734.10 | 1,521.10 | 1,654.60 | 1,481.10 | 1,399.40 | 1,156.40 | 1,410.50 | 1,228.90 | 1,260.30 | 1,098.40 | 1,305.50 | 1,162.00 | 1,005.70 | 897.30 | 1,171.50 | 1,070.70 | 1,134.10 | 1,054.80 | 1,171.60 | ||||
| Cost of revenue | 1,649.80 | 1,817.90 | 1,665.10 | 1,789.60 | 1,400.20 | 1,521.30 | 1,361.00 | 1,257.40 | 1,122.50 | 1,227.20 | 1,160.50 | 1,185.50 | 1,070.80 | 1,191.00 | 1,106.00 | 1,083.70 | 910.50 | 1,085.80 | 878.80 | 882.90 | 772.20 | 909.90 | 781.50 | 691.50 | 642.70 | 816.80 | 750.80 | 799.30 | 740.40 | 801.80 | ||||
| Gross profit | 999.70 | 1,062.10 | 1,010.70 | 848.50 | 635.80 | 825.10 | 712.50 | 695.40 | 516.60 | 638.20 | 582.10 | 548.60 | 450.30 | 463.60 | 375.10 | 315.70 | 245.90 | 324.70 | 350.10 | 377.40 | 326.20 | 395.60 | 380.50 | 314.20 | 254.60 | 354.70 | 319.90 | 334.80 | 314.40 | 369.80 | ||||
| Total operating expenses | 559.60 | 461.60 | 494.00 | 395.60 | 346.30 | 361.60 | 334.60 | 363.80 | 314.00 | 348.80 | 327.20 | 327.60 | 308.70 | 303.30 | 295.20 | 287.60 | 292.20 | 329.40 | 257.80 | 271.70 | 250.10 | 265.50 | 251.70 | 226.30 | 264.80 | 291.80 | 259.30 | 263.30 | 286.40 | 0.66 | 0.25 | 0.12 | 0.00 | 0.00 |
| Operating income | 440.10 | 600.50 | 516.70 | 452.90 | 289.50 | 463.50 | 377.90 | 331.60 | 202.60 | 289.40 | 254.90 | 221.00 | 141.60 | 160.30 | 79.90 | 28.10 | -46.30 | -4.70 | 92.30 | 105.70 | 76.10 | 130.10 | 128.80 | 87.90 | -10.20 | 62.90 | 60.60 | 71.50 | 28.00 | -0.66 | -0.25 | -0.12 | 0.00 | 0.00 |
| Non-operating income (net) | -1.80 | -37.30 | -24.50 | -31.80 | -24.10 | -218.30 | -109.40 | -66.90 | -215.60 | -102.10 | -109.10 | -108.10 | -53.90 | -76.80 | -48.50 | 3.60 | 66.70 | 26.30 | -0.40 | -94.70 | -34.40 | -69.40 | -207.80 | -129.60 | -184.30 | -91.20 | -77.90 | -74.40 | -83.80 | 3.64 | 3.16 | 0.61 | 0.00 | 0.00 |
| Income before tax | 438.30 | 563.20 | 492.20 | 421.10 | 265.40 | 245.20 | 268.50 | 264.70 | -13.00 | 187.30 | 145.80 | 112.90 | 87.70 | 83.50 | 31.40 | 31.70 | 20.40 | 21.60 | 91.90 | 11.00 | 41.70 | 60.70 | -79.00 | -41.70 | -194.50 | -28.30 | -17.30 | -2.90 | -55.80 | 2.98 | 2.90 | 0.49 | 0.00 | 0.00 |
| Income tax expense | 48.20 | 117.60 | 93.70 | 96.90 | 100.90 | 98.20 | 91.90 | 86.60 | -7.10 | -45.30 | 51.70 | 29.70 | 37.40 | 56.90 | 10.20 | 11.40 | 11.90 | -0.40 | 35.70 | 1.30 | 10.00 | 20.20 | 24.50 | 14.30 | 13.80 | 5.60 | -3.60 | 16.00 | 18.50 | 0.63 | 0.61 | 0.10 | 0.00 | |
| Net income | 390.10 | 445.60 | 398.50 | 324.20 | 164.50 | 147.00 | 176.60 | 178.10 | -5.90 | 232.60 | 94.10 | 83.20 | 50.30 | 26.60 | 21.20 | 20.30 | 8.50 | 22.00 | 56.20 | 9.70 | 31.70 | 40.50 | -103.50 | -56.00 | -208.30 | -33.90 | -13.70 | -18.90 | -74.30 | 2.35 | 2.30 | 0.39 | 0.00 | 0.00 |