87/100B182.810
USD
6.14
(3.48%)
Post Trading·183.710USD+0.900(+0.49%)
Last updated: · Delayed 15 min
Fair value236.44Plus-23%177Price 182.81296
Q4 FY2026 · Earnings report
EPS estimate 2.27Revenue estimate 4.48B
Q4 FY2026 · Earnings report
EPS estimate 2.27Revenue estimate 4.48B
Vertiv Holdings income statement 2016–2026
13.12B USD over the last twelve months, and 10.23B USD in fiscal year 2025.
Revenue Operating income Net income
Click a line's chart icon in the table to add it to the chart; hover over it for a quick look.
| Fiscal year | TTM 30 Sept 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.12B | 10.23B | 8.01B | 6.86B | 5.69B | 5.00B | 4.37B | 4.43B | 4.29B | 3.88B | 3.94B | |
Revenue growth | +35.27% | +27.69% | +16.74% | +20.59% | +13.87% | +14.36% | -1.37% | +3.40% | +10.47% | -1.63% | — |
Cost of revenue | 8.12B | 6.51B | 5.08B | 4.46B | 4.08B | 3.48B | 2.90B | 3.11B | 2.87B | 2.57B | 2.53B |
Gross profit | 5.00B | 3.72B | 2.93B | 2.40B | 1.62B | 1.52B | 1.47B | 1.32B | 1.42B | 1.31B | 1.41B |
Gross margin | 38.12% | 36.32% | 36.62% | 34.98% | 28.40% | 30.47% | 33.72% | 29.87% | 33.14% | 33.84% | 35.78% |
Research and development | — | — | — | — | — | — | — | 229.40M | 198.30M | 166.50M | 129.40M |
Selling, general and administrative | 1.97B | 1.62B | 1.37B | 1.31B | 1.18B | 1.11B | 1.01B | 871.40M | 1.04M | 1.28K | 303.42K |
Operating expenses | 2.34B | 1.82B | 1.55B | 1.48B | 1.39B | 1.26B | 1.26B | 1.10B | 1.04M | 1.28K | 303.42K |
| 2.66B | 1.90B | 1.38B | 916.80M | 227.80M | 259.90M | 213.50M | 223.00M | -1.04M | 60.10M | -303.42K | |
Operating income growth | +52.27% | +37.21% | +50.74% | +302.46% | -12.35% | +21.73% | -4.26% | — | -101.73% | — | — |
Operating margin | 20.30% | 18.54% | 17.25% | 13.36% | 4.00% | 5.20% | 4.88% | 5.03% | -0.02% | 1.55% | -0.01% |
Interest expense | — | 86.10M | 150.40M | 180.10M | 147.30M | 90.60M | 150.40M | 310.40M | — | — | — |
Other non-operating income | -45.90M | -154.30M | -616.60M | -383.10M | -60.80M | -93.70M | -468.10M | 0.00 | 7.41M | -467.20M | -50.00M |
Pretax income | 2.62B | 1.74B | 765.40M | 533.70M | 167.00M | 166.20M | -254.60M | -104.30M | 6.37M | -407.10M | 250.70M |
Income tax | 518.30M | 409.10M | 269.60M | 73.50M | 90.40M | 46.60M | 72.70M | 36.50M | 1.34M | 19.70M | 140.10M |
Effective tax rate | 19.81% | 23.49% | 35.22% | 13.77% | 54.13% | 28.04% | — | — | 21.03% | — | 55.88% |
| 2.10B | 1.33B | 495.80M | 460.20M | 76.60M | 119.60M | -327.30M | -140.80M | 5.03M | -1.28K | -303.42K | |
Net income growth | +102.86% | +168.82% | +7.74% | +500.78% | -35.95% | — | — | -2,898.79% | — | — | — |
Net margin | 16.00% | 13.03% | 6.19% | 6.71% | 1.35% | 2.39% | -7.49% | -3.18% | 0.12% | -0.00% | -0.01% |
Basic shares | 383.74M | 381.71M | 376.42M | 380.14M | 376.73M | 355.54M | 307.08M | 118.26M | 86.25M | 86.25M | 69.00M |
| 392.31M | 390.65M | 386.33M | 386.23M | 378.22M | 355.54M | 307.08M | 118.26M | 86.25M | 86.25M | 69.00M | |
Change in diluted shares | +0.81% | +1.12% | +0.03% | +2.12% | +6.38% | +15.78% | +159.66% | +37.12% | 0.00% | +25.00% | — |
EPS (basic) | 5.47 | 3.49 | 1.32 | 1.21 | -0.04 | 0.34 | -1.07 | -1.19 | 0.06 | 0.00 | -0.00 |
| 5.35 | 3.41 | 1.28 | 1.19 | -0.04 | 0.34 | -1.07 | -1.19 | 0.06 | 0.00 | -0.00 | |
EPS growth | +101.89% | +166.41% | +7.56% | — | -111.12% | — | — | -2,141.17% | — | — | — |
Dividends per share | 0.25 | 0.18 | 0.11 | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend growth | +66.67% | +55.56% | +350.00% | +150.00% | 0.00% | 0.00% | — | — | — | — | — |
EBITDA | 3.03B | 2.14B | 1.19B | 984.80M | 616.70M | 483.80M | 98.90M | 409.00M | 248.87M | 396.30M | 160.30M |
EBITDA margin | 23.09% | 20.89% | 14.89% | 14.35% | 10.84% | 9.68% | 2.26% | 9.23% | 5.81% | 10.22% | 4.06% |
EBIT | 2.65B | 1.83B | 915.80M | 713.80M | 314.30M | 256.80M | -104.20M | 206.10M | 6.37M | -1.28K | -303.42K |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.31B | 3.27B | 2.65B | 2.88B | 2.68B | 2.64B | 2.04B | 2.35B | 2.07B | 1.95B | 1.64B | 1.87B | 1.74B | 1.73B | 1.52B | 1.65B | 1.48B | 1.40B | 1.16B | 1.41B | 1.23B | 1.26B | 1.10B | 1.31B | 1.16B | 1.01B | 897.30M | 1.17B | 1.07B | 1.13B | 1.05B | 1.17B | 0.00 | 0.00 | 0.00 | 0.00 | |
Revenue growth | +61.18% | +24.12% | +30.13% | +22.74% | +29.05% | +35.09% | +24.21% | +25.79% | +18.99% | +12.61% | ||||||||||||||||||||||||||
Cost of revenue | 2.67B | 2.04B | 1.65B | 1.76B | 1.67B | 1.74B | 1.35B | 1.48B | 1.32B | 1.21B | 1.07B | 1.18B | 1.12B | 1.14B | 1.03B | 1.14B | 1.05B | 1.03B | 852.80M | 1.04B | 847.20M | 851.00M | 740.40M | 878.30M | 749.00M | 659.30M | 610.30M | 816.80M | 750.80M | 799.30M | 740.40M | 801.80M | 0.00 | 0.00 | 0.00 | 0.00 |
Gross profit | 1.64B | 1.23B | 999.70M | 1.12B | 1.01B | 896.60M | 686.50M | 870.20M | 756.40M | 741.20M | 566.40M | 683.40M | 627.60M | 594.00M | 495.50M | 511.70M | 429.30M | 371.50M | 303.60M | 373.70M | 381.70M | 409.30M | 358.00M | 427.40M | 413.00M | 346.40M | 287.00M | 354.70M | 319.90M | 334.80M | 314.40M | 369.80M | 0.00 | 0.00 | 0.00 | 0.00 |
Gross margin | 38.11% | 37.71% | 37.73% | 38.94% | 37.77% | 33.99% | 33.72% | 37.09% | 36.48% | 37.96% | ||||||||||||||||||||||||||
Research and development | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 229.40M | — | — | — | 165.30M | — | — | — | — |
Selling, general and administrative | 556.90M | 494.40M | 456.70M | 461.60M | 414.30M | 395.60M | 346.30M | 361.60M | 334.60M | 363.80M | 314.00M | 348.80M | 327.20M | 327.60M | 308.70M | 303.30M | 295.20M | 287.60M | 292.20M | 329.40M | 257.80M | 271.70M | 250.10M | 265.50M | 251.70M | 226.30M | 264.80M | 291.80M | 259.30M | 263.30M | 286.40M | 660.80K | 252.41K | 122.90K | 788.00 | 1.28K |
Operating expenses | 659.60M | 597.00M | 566.10M | 514.50M | 462.40M | 450.00M | 392.10M | 411.20M | 384.80M | 405.20M | 363.80M | 398.20M | 376.70M | 388.20M | 365.20M | 349.30M | 349.30M | 345.30M | 348.80M | 377.60M | 299.90M | 307.10M | 278.20M | 297.10M | 377.90M | 275.80M | 299.20M | 291.80M | 259.30M | 263.30M | 286.40M | 660.80K | 252.41K | 122.90K | 788.00 | 1.28K |
| 983.80M | 637.90M | 433.60M | 606.90M | 548.30M | 446.60M | 294.40M | 459.00M | 371.60M | 336.00M | 202.60M | 285.20M | 250.90M | 205.80M | 130.30M | 162.40M | 80.00M | 26.20M | -45.20M | -3.90M | 81.80M | 102.20M | 79.80M | 130.30M | 35.10M | 70.60M | -12.20M | 62.90M | 60.60M | 71.50M | 28.00M | -660.80K | -252.41K | -122.90K | -788.00 | -1.28K | |
Operating income growth | +79.43% | +42.83% | +47.28% | +32.22% | +47.55% | +32.92% | +45.31% | +60.94% | +48.11% | +63.27% | ||||||||||||||||||||||||||
Operating margin | 22.81% | 19.48% | 16.37% | 21.07% | 20.49% | 16.93% | 14.46% | 19.56% | 17.92% | 17.21% | ||||||||||||||||||||||||||
Interest expense | 6.40M | 17.40M | — | 16.70M | 22.80M | 21.30M | 25.30M | 30.70M | 35.90M | 44.80M | 39.00M | 42.90M | 43.50M | 46.90M | 46.80M | 45.80M | 38.80M | 33.40M | 29.30M | 24.10M | 22.40M | 20.00M | 24.10M | 25.00M | 26.40M | 30.10M | 68.90M | 76.20M | 77.70M | 78.70M | 77.80M | — | — | — | — | — |
Other non-operating income | 11.00M | -17.90M | 4.70M | -43.70M | -56.10M | -25.50M | -29.00M | -213.80M | -103.10M | -71.30M | -215.60M | -97.90M | -105.10M | -92.90M | -42.60M | -78.90M | -48.60M | 5.50M | 65.60M | 25.50M | 10.10M | -91.20M | -38.10M | -35.20M | -114.10M | -112.30M | -182.30M | -91.20M | 0.00 | 0.00 | -83.80M | 3.64M | 3.16M | 613.69K | 0.00 | 0.00 |
Pretax income | 994.80M | 620.00M | 438.30M | 563.20M | 492.20M | 421.10M | 265.40M | 245.20M | 268.50M | 264.70M | -13.00M | 187.30M | 145.80M | 112.90M | 87.70M | 83.50M | 31.40M | 31.70M | 20.40M | 21.60M | 91.90M | 11.00M | 41.70M | 95.10M | -79.00M | -41.70M | -194.50M | -28.30M | -17.30M | -2.90M | -55.80M | 2.98M | 2.90M | 490.79K | -788.00 | -1.28K |
Income tax | 230.30M | 122.20M | 48.20M | 117.60M | 93.70M | 96.90M | 100.90M | 98.20M | 91.90M | 86.60M | -7.10M | -45.30M | 51.70M | 29.70M | 37.40M | 56.90M | 10.20M | 11.40M | 11.90M | -400.00K | 35.70M | 1.30M | 10.00M | 20.20M | 24.50M | 14.30M | 13.80M | 5.60M | -3.60M | 16.00M | 18.50M | 627.80K | 607.42K | 104.40K | -192.00 | 0.00 |
Effective tax rate | 23.15% | 19.71% | 11.00% | 20.88% | 19.04% | 23.01% | 38.02% | 40.05% | 34.23% | 32.72% | ||||||||||||||||||||||||||
| 764.50M | 497.80M | 390.10M | 445.60M | 398.50M | 324.20M | 164.50M | 147.00M | 176.60M | 178.10M | -5.90M | 232.60M | 94.10M | 83.20M | 50.30M | 26.60M | 21.20M | 20.30M | 8.50M | 22.00M | 56.20M | 9.70M | 31.70M | 74.90M | -103.50M | -56.00M | -208.30M | -33.90M | -13.70M | -18.90M | -74.30M | 2.35M | 2.30M | 386.38K | -596.00 | -1.28K | |
Net income growth | +91.84% | +53.55% | +137.14% | +203.13% | +125.65% | +82.03% | — | -36.80% | +87.67% | +114.06% | ||||||||||||||||||||||||||
Net margin | 17.73% | 15.20% | 14.72% | 15.47% | 14.89% | 12.29% | 8.08% | 6.26% | 8.52% | 9.12% | ||||||||||||||||||||||||||
Basic shares | 385.00M | 384.56M | 382.92M | 382.47M | 381.46M | 381.48M | 380.85M | 376.61M | 375.20M | 374.73M | 379.14M | 381.56M | 380.90M | 379.94M | 378.13M | 377.32M | 377.02M | 376.59M | 375.97M | 367.73M | 352.48M | 352.20M | 349.60M | 330.34M | 328.41M | 328.41M | 240.66M | 118.26M | 118.26M | 118.26M | 118.26M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M |
| 392.68M | 392.75M | 392.13M | 391.67M | 390.26M | 389.85M | 390.11M | 386.47M | 384.32M | 384.49M | 379.14M | 390.50M | 388.24M | 382.35M | 381.68M | 377.32M | 377.44M | 377.26M | 379.69M | 372.19M | 363.20M | 356.65M | 353.45M | 333.29M | 328.41M | 328.41M | 240.66M | 118.26M | 118.26M | 118.26M | 118.26M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M | |
Change in diluted shares | +0.62% | +0.74% | +0.52% | +1.34% | +1.55% | +1.39% | +2.89% | -1.03% | -1.01% | +0.56% | ||||||||||||||||||||||||||
EPS (basic) | 1.99 | 1.29 | 1.02 | 1.17 | 1.04 | 0.85 | 0.43 | 0.39 | 0.47 | 0.48 | -0.02 | 0.61 | 0.25 | 0.22 | 0.12 | 0.07 | 0.06 | 0.05 | -0.22 | 0.06 | 0.16 | 0.03 | 0.09 | 0.12 | -0.32 | -0.17 | -0.87 | -0.29 | -0.12 | -0.16 | -0.63 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 |
| 1.95 | 1.27 | 0.99 | 1.14 | 1.02 | 0.83 | 0.42 | 0.38 | 0.46 | 0.46 | -0.02 | 0.60 | 0.24 | 0.22 | 0.12 | 0.07 | 0.06 | 0.05 | -0.23 | 0.06 | 0.15 | 0.03 | 0.09 | 0.12 | -0.32 | -0.17 | -0.87 | -0.29 | -0.12 | -0.16 | -0.63 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | |
EPS growth | +91.18% | +53.01% | +135.71% | +200.00% | +121.74% | +80.43% | — | -36.67% | +91.67% | +109.09% | ||||||||||||||||||||||||||
Dividends per share | 0.06 | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend growth | +66.67% | +66.67% | +66.67% | +66.67% | +50.00% | +50.00% | +50.00% | +50.00% | — | — | ||||||||||||||||||||||||||
EBITDA | 1.07B | 753.20M | 541.30M | 668.20M | 590.40M | 515.70M | 362.30M | 346.90M | 373.30M | 377.90M | 94.70M | 299.10M | 257.50M | 227.10M | 201.10M | 199.80M | 145.90M | 142.10M | 128.90M | 115.60M | 165.70M | 84.50M | 118.00M | 172.50M | -2.40M | 38.40M | -75.10M | 98.90M | 111.70M | 126.80M | 71.60M | 2.98M | -252.41K | -122.90K | -788.00 | -1.28K |
EBITDA margin | 24.73% | 23.00% | 20.43% | 23.20% | 22.06% | 19.55% | 17.79% | 14.78% | 18.00% | 19.35% | ||||||||||||||||||||||||||
EBIT | 1.00B | 637.40M | 433.60M | 579.90M | 515.00M | 442.40M | 290.70M | 275.90M | 304.40M | 309.50M | 26.00M | 230.20M | 189.30M | 159.80M | 134.50M | 129.30M | 70.20M | 65.10M | 49.70M | 45.70M | 114.30M | 31.00M | 65.80M | 120.10M | -52.60M | -11.60M | -125.60M | 47.90M | 60.40M | 75.80M | 22.00M | 2.98M | -252.41K | -122.90K | -788.00 | -1.28K |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Vertiv Holdings's income statement
Source: Financial Modeling Prep