VRT · XBRL financial data

Vertiv Holdings financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (VRT's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	1,865*	1,639	1,953	2,074	2,346*	2,036	2,638	2,676	2,880*	2,650	3,274	4,313
Cost of goods and services sold	1,182*	1,073	1,212	1,317	1,476*	1,350	1,742	1,665	1,759*	1,650	2,039	2,669
Research and development	year only	—	—	—	year only	—	—	—	year only	—	—	—
Selling, general and administrative	349*	314	364	335	362*	346	396	414	462*	457	494	557
Other operating income (expense)	4*	(0)	2	7	(3)*	0	(8)	0	6*	(32)	(29)	(30)
Operating income (loss)	285*	203	336	372	457*	291	442	517	580*	440	638	984
Interest expense	43*	39	45	36	31*	25	21	23	17*	(4)	17	6
Other income (expense)	—	—	—	—	—	—	0	0	—	—	(1)	17
Income tax expense (benefit)	(45)*	(7)	87	92	98*	101	97	94	118*	48	122	230
Net income (loss)	233*	(6)	178	177	147*	165	324	399	446*	390	498	765
Earnings per share, basic USD per share	0.61*	(0.02)	0.48	0.47	0.39*	0.43	0.85	1.04	1.17*	1.02	1.29	1.99
Earnings per share, diluted USD per share	0.59*	(0.02)	0.46	0.46	0.37*	0.42	0.83	1.02	1.14*	0.99	1.27	1.95
Weighted average shares, basic millions of shares	382*	379	375	375	377*	381	381	382	382*	383	385	385
Weighted average shares, diluted millions of shares	392*	379	384	384	397*	390	390	391	392*	392	393	393

Balance sheet

CSV

Fiscal quarters (VRT's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	780	276	580	909	1,228	1,467	1,641	1,396	1,728	2,151	2,811	3,513
Accounts receivable	2,185	2,097	2,219	2,329	2,363	2,311	2,831	2,811	3,109	3,149	3,750	4,380
Inventory	884	987	1,104	1,255	1,244	1,384	1,413	1,437	1,457	1,835	2,523	3,288
Total current assets	4,002	3,632	4,191	4,805	5,102	5,462	6,302	6,549	6,820	7,985	9,985	12,123
Property and equipment, net	560	565	571	593	625	637	666	698	922	998	1,184	1,325
Right-of-use asset	174	185	180	187	202	204	245	284	303	331	387	415
Goodwill	1,330	1,323	1,322	1,349	1,321	1,340	1,374	1,444	2,034	2,024	2,283	2,280
Total assets	7,999	7,591	8,108	8,891	9,133	9,451	10,406	10,816	12,212	13,400	15,901	18,175
Accounts payable	986	984	1,098	1,240	1,316	1,407	1,605	1,719	1,756	1,952	2,473	3,245
Accrued liabilities	612	542	601	624	613	534	579	681	772	856	1,061	1,196
Current portion of long-term debt	22	21	21	21	21	21	21	21	21	0	0	3
Total current liabilities	2,305	2,710	3,080	3,489	3,097	3,184	3,615	3,577	4,407	5,343	7,243	8,711
Long-term debt	2,919	2,916	2,914	2,910	2,907	2,904	2,901	2,898	2,892	2,922	2,940	2,925
Lease liability, non-current	141	—	—	—	167	—	—	—	245	—	—	—
Total liabilities	5,984	6,198	6,571	7,078	6,698	6,785	7,281	7,308	8,271	9,155	11,143	12,673
Retained earnings (accumulated deficit)	(692)	(707)	(538)	(371)	(238)	(88)	222	606	1,028	1,394	1,868	2,609
Total stockholders' equity	2,015	1,393	1,538	1,814	2,434	2,666	3,125	3,509	3,941	4,245	4,758	5,502
Total liabilities and equity	7,999	7,591	8,108	8,891	9,133	9,451	10,406	10,816	12,212	13,400	15,901	18,175
Common shares outstanding (cover page) millions of shares	382	374	375	375	381	381	382	382	383	384	385	385

Cash flows

CSV

Fiscal quarters (VRT's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	233*	(6)	178	177	147*	165	324	399	446*	390	498	765
Stock-based compensation	6*	9	9*	8*	9*	11	13*	14*	7*	17	14*	20*
Depreciation and amortization	year only	69	68	69	71*	72	73	75	88*	108	116	108
Net cash from operating activities	356*	138	378*	378*	425*	303	323*	509*	979*	767	1,100*	794*
Purchases of property and equipment	48*	36	34	36	61*	37	45	45	93*	113	173*	139*
Net cash from investing activities	(68)*	(37)	(45)*	(39)*	(81)*	(39)	(144)*	(710)*	(608)*	(377)	(404)*	(48)*
Share repurchases	0*	600	0*	0*	0*	0	0*	0*	0*	—	—	—
Dividends paid	10*	9	9*	9*	14*	14	14*	14*	24*	24	24*	24*
Proceeds from long-term debt	—	—	—	—	—	0	0*	0*	—	2,100	0*	0*
Net cash from financing activities	(11)*	(603)	(21)*	(17)*	(12)*	(25)	(8)*	(11)*	(28)*	12	(15)*	(39)*
Net change in cash	284*	(508)	307*	330*	315*	244	180*	(212)*	346*	401	684*	708*

Compare with peers

SIC 3679 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3679 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Vertiv Holdings	3,513	4,313	794*	385.1M	Q3 FY26 10-QSep 30, 2026
NXP Semiconductors	3,943	3,786	1,256*	252.1M	Q3 FY26 10-QSep 27, 2026
Marvell Technology	3,933	2,739	606*	876.9M	Q2 FY27 10-QAug 1, 2026
Microchip Technology	272	1,485	512	543.0M	Q1 FY27 10-QJun 30, 2026
Credo Technology Group Holding	467	479	90	188.0M	Q1 FY27 10-QAug 1, 2026
Analog Devices	2,166	4,022	1,604*	484.6M	Q3 FY26 10-QAug 1, 2026
Monolithic Power Systems	561	1,202	290*	48.8M	Q3 FY26 10-QSep 30, 2026
Jabil	1,739	10,616*	733*	103.0M	Q4 FY26 10-KAug 31, 2026
Intel	21,846	16,513	5,082*	5.3B	Q3 FY26 10-QSep 26, 2026

Not investment advice. Not affiliated with the U.S. SEC.