Vertiv Q3 FY25: where the revenue came from and where it went
The whole income statement of Vertiv for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 22, 2025
Revenue$2.68B
+29% year over year
Gross profit$1.01B
38% margin
Operating profit$0.52B
19% margin
Net profit$0.40B
15% margin
The numbers
| 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 |
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