Vertiv Holdings Co (VRT) Financial Statements
Industry: Electronic Components (Other)
In fiscal 2025, Vertiv reported revenue of $10.23B, up 27.7% from $8.01B the year before. Net income was $1.33B (a 13.0% net margin), or $3.41 per diluted share. Gross margin was 36.3% and operating margin was 17.9%. Operating activities generated $2.11B of cash, leaving $1.89B of free cash flow. At fiscal year end, Vertiv held $12.21B in total assets against $8.27B in total liabilities, including $1.73B of cash and equivalents.
Open the full interactive Vertiv financials → Quarterly statements, key ratios, valuation history and price charts.
Vertiv Key Stats
| Share Price | $237.29 |
|---|---|
| Market Cap | $93.19B |
| P/E Ratio | 69.6 |
| Dividend Yield | 0.09% |
| Revenue YoY Growth | +27.7% |
| 52-Week Range | $149.73 – $376.06 |
| Shares Outstanding | 384.6 million (basic, 2026 Q2) |
Vertiv Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.37B | $5.00B | $5.69B | $6.86B | $8.01B | $10.23B |
| Cost of Goods Sold | $2.90B | $3.48B | $4.08B | $4.46B | $5.08B | $6.51B |
| Gross Profit | $1.47B | $1.52B | $1.62B | $2.40B | $2.93B | $3.72B |
| Operating Income | $236.7M | $259.9M | $223.4M | $872.2M | $1.37B | $1.83B |
| Pre-Tax Income | -$110.9M | $166.2M | $167.0M | $533.7M | $765.4M | $1.74B |
| Income Tax | $72.7M | $46.6M | $90.4M | $73.5M | $269.6M | $409.1M |
| Net Income | -$183.6M | $119.6M | $76.6M | $460.2M | $495.8M | $1.33B |
| Diluted EPS | -$0.60 | $0.33 | -$0.04 | $1.19 | $1.28 | $3.41 |
Vertiv Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.68B | $2.88B | $2.65B | $3.27B |
| Net Income | $398.5M | $445.6M | $390.1M | $497.8M |
| Diluted EPS | $1.02 | $1.14 | $0.99 | $1.27 |
Vertiv Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $534.6M | $439.1M | $260.6M | $780.4M | $1.23B | $1.73B |
| Current Assets | $2.52B | $2.70B | $3.16B | $4.00B | $5.10B | $6.82B |
| Total Assets | $5.07B | $6.94B | $7.10B | $8.00B | $9.13B | $12.21B |
| Current Liabilities | $1.67B | $1.85B | $1.90B | $2.31B | $3.10B | $4.41B |
| Total Long-Term Debt | $2.15B | $2.97B | $3.19B | $2.94B | $2.93B | $2.91B |
| Total Liabilities | $4.41B | $5.52B | $5.65B | $5.98B | $6.70B | $8.27B |
| Shareholders' Equity | $668.3M | $1.42B | $1.44B | $2.01B | $2.43B | $3.94B |
Vertiv Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $208.9M | $210.9M | -$152.8M | $900.5M | $1.32B | $2.11B |
| Cash From Investing | -$45.7M | -$1.22B | -$112.1M | -$139.1M | -$201.7M | -$1.50B |
| Cash From Financing | $140.7M | $914.9M | $100.2M | -$247.5M | -$652.1M | -$72.3M |
| Free Cash Flow | $164.5M | $137.5M | -$252.8M | $772.6M | $1.15B | $1.89B |
| Dividends Paid | $3.3M | $3.8M | $3.8M | $9.5M | $42.2M | $66.6M |
Figures from Vertiv's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Vertiv financials page for every line item.
Vertiv Company Profile
| Ticker | VRT |
|---|---|
| Exchange | NYSE |
| Industry | Electronic Components (Other) |
| Headquarters | Westerville, Ohio |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001674101 |
Frequently Asked Questions
What was Vertiv's revenue in fiscal 2025?
Vertiv (VRT) reported revenue of $10.23B for fiscal 2025.
What is Vertiv's annual revenue history?
Vertiv's annual revenue by fiscal year: 2020: $4.37B; 2021: $5.00B; 2022: $5.69B; 2023: $6.86B; 2024: $8.01B; 2025: $10.23B.
What was Vertiv's net income in fiscal 2025?
Vertiv reported net income of $1.33B for fiscal 2025.
What was Vertiv's earnings per share (EPS) in fiscal 2025?
Vertiv's diluted EPS was $3.41 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Vertiv generate in fiscal 2025?
Vertiv generated $1.89B of free cash flow in fiscal 2025.
What was Vertiv's revenue last quarter?
In its most recent reported quarter (2026 Q2), Vertiv reported revenue of $3.27B.
How much debt does Vertiv have?
Vertiv reported $2.91B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Vertiv are outstanding?
Vertiv reported a weighted average of 384.6 million basic shares outstanding in 2026 Q2.
What is Vertiv's market cap?
Based on its latest closing price, Vertiv (VRT) has a market capitalization of about $93.19B.
When does Vertiv's fiscal year end?
Vertiv's fiscal year end, as registered with the SEC, is December 31.
Where is Vertiv headquartered?
Vertiv lists its business address in Westerville, Ohio in its SEC filings.