Vertiv

VRT Industrials Market cap $91.4B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 29, 2026

Revenue$3.27B +24% year over year

Gross profit$1.24B 38% margin

Operating profit$0.64B 19% margin

Net profit$0.50B 15% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	3.27	100%	+24%
Product excluding spares	2.61	80%	+23%
Services & spares	0.67	20%	+29%
Cost of revenue	−2.04	62%
Gross profit	1.24	38% margin	+4pp
SG&A	−0.49	15%	+0pp
Other	−0.10	3%	+0pp
Operating profit	0.64	19% margin	+3pp
Interest & other costs	−0.02
Tax	−0.12
Net profit	0.50	15% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.65	100%	+30%
Product excluding spares	2.09	79%	+30%
Services & spares	0.56	21%	+31%
Cost of revenue	−1.65	62%
Gross profit	1.00	38% margin	+4pp
SG&A	−0.46	17%	+0pp
Other	−0.10	4%	+0pp
Operating profit	0.44	17% margin	+2pp
Tax	−0.05
Net profit	0.39	15% margin	+7pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.88	100%	+23%
Product excluding spares	2.31	80%	+23%
Services & spares	0.57	20%	+21%
Cost of revenue	−1.76	61%
Gross profit	1.12	39% margin	+2pp
SG&A	−0.46	16%	+1pp
Other	−0.08	3%	+0pp
Operating profit	0.58	20% margin	+1pp
Interest & other costs	−0.02
Tax	−0.12
Net profit	0.45	15% margin	+9pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.68	100%	+29%
Product excluding spares	2.17	81%	+34%
Services & spares	0.51	19%	+11%
Cost of revenue	−1.67	62%
Gross profit	1.01	38% margin	+1pp
SG&A	−0.41	15%	−1pp
Other	−0.08	3%	+0pp
Operating profit	0.52	19% margin	+1pp
Interest & other costs	−0.03
Tax	−0.09
Net profit	0.40	15% margin	+6pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.64	100%	+35%
Product excluding spares	2.12	80%	+40%
Services & spares	0.52	20%	+19%
Cost of revenue	−1.74	66%
Gross profit	0.90	34% margin	−4pp
SG&A	−0.40	15%	−4pp
Other	−0.06	2%	+0pp
Operating profit	0.44	17% margin	+0pp
Interest & other costs	−0.02
Tax	−0.10
Net profit	0.32	12% margin	+3pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 29, 2026 Operating margin 19% Net profit $0.50B	Apr 1 – Jun 30, 2026	Jul 29, 2026	$3.27B	+24%	19%	$0.50B	15%
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 22, 2026 Operating margin 17% Net profit $0.39B	Jan 1 – Mar 31, 2026	Apr 22, 2026	$2.65B	+30%	17%	$0.39B	15%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 13, 2026 Operating margin 20% Net profit $0.45B	Oct 1 – Dec 31, 2025	Feb 13, 2026	$2.88B	+23%	20%	$0.45B	15%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 22, 2025 Operating margin 19% Net profit $0.40B	Jul 1 – Sep 30, 2025	Oct 22, 2025	$2.68B	+29%	19%	$0.40B	15%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 30, 2025 Operating margin 17% Net profit $0.32B	Apr 1 – Jun 30, 2025	Jul 30, 2025	$2.64B	+35%	17%	$0.32B	12%