Vertiv Holdings Co Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,230	8,012	6,863	5,692	4,998
Revenue Growth (YoY)	27.68%	16.74%	20.59%	13.87%	14.36%
Cost of Revenue	6,515	5,078	4,463	4,075	3,475
Gross Profit	3,715	2,934	2,401	1,616	1,523
Selling, General & Admin	1,618	1,374	1,312	1,178	1,109
Amortization of Goodwill & Intangibles	200.4	184.2	181.3	215.8	144.3
Other Operating Expenses	-2.1	-8.5	-10.7	-5.4	-3.8
Operating Expenses	1,816	1,550	1,483	1,389	1,250
Operating Income	1,899	1,385	917.6	227.4	273.2
Interest Expense	-86.1	-150.4	-180.1	-147.3	-90.6
Currency Exchange Gain (Loss)	-14.9	-11.8	-16.8	-3.3	-3.2
Other Non Operating Income (Expenses)	-	-449.2	-157.9	90.9	-2.7
EBT Excluding Unusual Items	1,798	773.1	562.8	167.7	176.7
Merger & Restructuring Charges	-54.5	-5.3	-28.6	-0.7	-1.4
Asset Writedown	-	-	-	-	-8.7
Other Unusual Items	-1.7	-2.4	-0.5	-	-0.4
Pretax Income	1,742	765.4	533.7	167	166.2
Income Tax Expense	409.1	269.6	73.5	90.4	46.6
Earnings From Continuing Operations	1,333	495.8	460.2	76.6	119.6
Net Income	1,333	495.8	460.2	76.6	119.6
Net Income to Common	1,333	495.8	460.2	76.6	119.6
Net Income Growth	168.82%	7.74%	500.78%	-35.95%	-
Shares Outstanding (Basic)	382	376	380	377	356
Shares Outstanding (Diluted)	391	386	386	378	360
Shares Change (YoY)	1.12%	0.03%	2.12%	5.02%	17.28%
EPS (Basic)	3.49	1.32	1.21	0.20	0.34
EPS (Diluted)	3.41	1.28	1.19	-0.04	0.33
EPS Growth	166.41%	7.56%	-	-	-
Free Cash Flow	1,894	1,152	772.6	-252.8	137.5
Free Cash Flow Per Share	4.85	2.98	2.00	-0.67	0.38
Dividend Per Share	0.175	0.113	0.025	0.010	0.010
Dividend Growth	55.56%	350.00%	150.00%	-	-
Gross Margin	36.32%	36.62%	34.98%	28.39%	30.47%
Operating Margin	18.56%	17.28%	13.37%	4.00%	5.47%
Profit Margin	13.03%	6.19%	6.71%	1.35%	2.39%
Free Cash Flow Margin	18.51%	14.38%	11.26%	-4.44%	2.75%
EBITDA	2,208	1,662	1,189	529.8	500.2
EBITDA Margin	21.58%	20.74%	17.32%	9.31%	10.01%
D&A For EBITDA	308.6	277	271	302.4	227
EBIT	1,899	1,385	917.6	227.4	273.2
EBIT Margin	18.56%	17.28%	13.37%	4.00%	5.47%
Effective Tax Rate	23.49%	35.22%	13.77%	54.13%	28.04%
Revenue as Reported	10,230	8,012	6,863	5,692	4,998
Advertising Expenses	16.8	19.4	20.1	20.6	26

Source: S&P Global Market Intelligence. Standard template. Financial Sources.