Vertiv Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- Apr 22, 2026
Revenue$2.65B
+30% year over year
Gross profit$1.00B
38% margin
Operating profit$0.44B
17% margin
Net profit$0.39B
15% margin
The numbers
| 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 |
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