Vertiv Q4 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
- Oct 1 – Dec 31, 2025
- Reported
- Feb 13, 2026
Revenue$2.88B
+23% year over year
Gross profit$1.12B
39% margin
Operating profit$0.58B
20% margin
Net profit$0.45B
15% margin
The numbers
| 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 |
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