Vertiv Holdings Co (VRT) — Financial statements
Income statement, balance sheet, and cash flow for Vertiv Holdings Co — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 10,230↑27.7% | 8,012↑16.7% | 6,863↑20.6% | 5,692↑13.9% | 4,998 | |
| Cost of Revenue | 6,715↑27.7% | 5,259↑13.2% | 4,644↑8.2% | 4,291↑18.6% | 3,620 | |
| Gross Profit | 3,515↑27.7% | 2,753↑24.0% | 2,219↑58.5% | 1,400↑1.6% | 1,378 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 352↑16.0% | 304↑7.6% | 282↑5.9% | 266 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,618↑58.3% | 1,022↑1.3% | 1,009↑12.6% | 896↑6.4% | 843 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,618↑17.7% | 1,374↑4.7% | 1,312↑11.4% | 1,178↑6.2% | 1,109 | |
| Total Costs & Expenses | 8,333↑25.6% | 6,633↑11.4% | 5,956↑8.9% | 5,470↑15.7% | 4,729 | |
| Operating Results | ||||||
| Operating Income | 1,897↑37.6% | 1,379↑52.0% | 907↑308.5% | 222↓17.6% | 269 | |
| Depreciation & Amortization | 309↑11.4% | 277↑2.2% | 271↓10.4% | 302↑33.2% | 227 | |
| EBITDA | 2,206↑84.9% | 1,193↑16.5% | 1,024↑66.0% | 617↑27.5% | 484 | |
| EBIT | 1,897↑107.1% | 916↑21.7% | 753↑139.5% | 314↑22.4% | 257 | |
| Interest & Other Income | ||||||
| Net Interest Income | -86↑42.8% | -150↑31.3% | -219↓48.7% | -147↓62.6% | -91 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 86↓42.8% | 150↓31.3% | 219↑48.7% | 147↑62.6% | 91 | |
| Non-Operating Income | 0.00↓100.0% | 463↑200.3% | 154↑267.1% | -92↓832.5% | 13 | |
| Other Income / Expenses | -155↑74.7% | -613↓64.4% | -373↓578.5% | -55↑46.7% | -103 | |
| Income Before Tax | 1,742↑127.6% | 765↑43.4% | 534↑219.6% | 167↑0.5% | 166 | |
| Income Tax Expense | 409↑51.7% | 270↑266.8% | 74↓18.7% | 90↑94.0% | 47 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,333↑168.8% | 496↑7.7% | 460↑500.8% | 77↓36.0% | 120 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,333↑168.8% | 496↑7.7% | 460↑500.8% | 77↓36.0% | 120 | |
| Bottom-Line Net Income | 1,333↑168.8% | 496↑7.7% | 460↑3318.2% | -14↓112.0% | 120 | |
| EPS (Basic) | 3.49↑164.4% | 1.32↑9.1% | 1.21↑3284.2% | -0.04↓111.2% | 0.34 | |
| EPS (Diluted) | 3.41↑166.4% | 1.28↑7.6% | 1.19↑3248.1% | -0.04↓111.1% | 0.34 | |
| Weighted Average Shares | 382↑1.4% | 376↓1.0% | 380↑0.9% | 377↑6.0% | 356 | |
| Weighted Average Diluted Shares | 391↑1.1% | 386↑0.0% | 386↑2.1% | 378↑6.4% | 356 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.