# Vertiv Holdings Co: overview

VRT · NYSE · CIK 1674101 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vrt.md) · [Financials](/companies/vrt/financials.md) · [Filings](/companies/vrt/filings.md) · [Insiders](/companies/vrt/insiders.md)

Latest reported revenue: [$3.27bn](/filings/0001628280-26-050609.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-050609).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,074](/filings/0001674101-25-000024.md) | [2,346 d](/filings/0001674101-26-000008.md) | [2,036](/filings/0001628280-26-026556.md) | [2,638](/filings/0001628280-26-050609.md) | [2,676](/filings/0001674101-25-000024.md) | [2,880 d](/filings/0001674101-26-000008.md) | [2,650](/filings/0001628280-26-026556.md) | [3,274](/filings/0001628280-26-050609.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [17.9%](/filings/0001674101-25-000024.md) | [19.5% d](/filings/0001674101-26-000008.md) | [14.3%](/filings/0001628280-26-026556.md) | [16.8%](/filings/0001628280-26-050609.md) | [19.3%](/filings/0001674101-25-000024.md) | [20.1% d](/filings/0001674101-26-000008.md) | [16.6%](/filings/0001628280-26-026556.md) | [19.5%](/filings/0001628280-26-050609.md) |
| Net margin | % | [8.5%](/filings/0001674101-25-000024.md) | [6.3% d](/filings/0001674101-26-000008.md) | [8.1%](/filings/0001628280-26-050609.md) | [12.3%](/filings/0001628280-26-050609.md) | [14.9%](/filings/0001674101-25-000024.md) | [15.5% d](/filings/0001674101-26-000008.md) | [14.7%](/filings/0001628280-26-050609.md) | [15.2%](/filings/0001628280-26-050609.md) |
| Diluted EPS | $ per share | [0.46](/filings/0001674101-25-000024.md) | not reported | [0.42](/filings/0001628280-26-026556.md) | [0.83](/filings/0001628280-26-050609.md) | [1.02](/filings/0001674101-25-000024.md) | not reported | [0.99](/filings/0001628280-26-026556.md) | [1.27](/filings/0001628280-26-050609.md) |
| Free cash flow | $m | [339 d](/filings/0001674101-25-000024.md) | [365 d](/filings/0001674101-26-000008.md) | [267](/filings/0001628280-26-026556.md) | [278 d](/filings/0001628280-26-050609.md) | [464 d](/filings/0001674101-25-000024.md) | [886 d](/filings/0001674101-26-000008.md) | [654](/filings/0001628280-26-026556.md) | [927 d](/filings/0001628280-26-050609.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [5.0](/filings/0001628280-24-006498.md) | [5.7](/filings/0001628280-25-005905.md) | [6.9](/filings/0001674101-26-000008.md) | [8.0](/filings/0001674101-26-000008.md) | [10.2](/filings/0001674101-26-000008.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [5.2%](/filings/0001628280-24-006498.md) | [3.9%](/filings/0001628280-25-005905.md) | [12.7%](/filings/0001674101-26-000008.md) | [17.1%](/filings/0001674101-26-000008.md) | [17.9%](/filings/0001674101-26-000008.md) |
| Net margin | % | [2.4%](/filings/0001628280-24-006498.md) | [1.3%](/filings/0001628280-25-005905.md) | [6.7%](/filings/0001674101-26-000008.md) | [6.2%](/filings/0001674101-26-000008.md) | [13.0%](/filings/0001674101-26-000008.md) |
| Diluted EPS | $ per share | [0.33](/filings/0001628280-24-006498.md) | [(0.04)](/filings/0001628280-25-005905.md) | [1.19](/filings/0001674101-26-000008.md) | [1.28](/filings/0001674101-26-000008.md) | [3.41](/filings/0001674101-26-000008.md) |
| Free cash flow | $bn | [0.1](/filings/0001628280-24-006498.md) | [(0.3)](/filings/0001628280-25-005905.md) | [0.8](/filings/0001674101-26-000008.md) | [1.2](/filings/0001674101-26-000008.md) | [1.9](/filings/0001674101-26-000008.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vrt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $12.03bn | 35,921,459 |  | Reduced −1,285,708 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $8.40bn | 25,087,955 |  | Added +229,636 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $6.00bn | 17,909,570 |  | Reduced −16,952 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $5.54bn | 16,531,530 |  | Added +704,970 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $3.09bn | 10,061,204 |  | Added +3,995,478 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $3.02bn | 9,028,475 |  | Reduced −1,851,375 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $2.77bn | 8,280,709 |  | Reduced −136,257 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $2.31bn | 6,894,546 |  | Added +239,429 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.98bn | 5,912,400 | Put | Reduced −441,800 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $1.85bn | 5,537,463 |  | Reduced −1,010,263 |

## Recent filings

[All 875 filings](/companies/vrt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 06:02 ET | [8-K](/filings/0001628280-26-067707.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-067707 |
| 2026-10-27 | 06:34 ET | [8-K](/filings/0001628280-26-067393.md) | 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-067393 |
| 2026-10-26 | 06:40 ET | [8-K](/filings/0001628280-26-067127.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-067127 |
| 2026-09-24 | 06:38 ET | [8-K](/filings/0001628280-26-063311.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-063311 |
| 2026-09-02 | 06:42 ET | [8-K](/filings/0001193125-26-379306.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-379306 |
| 2026-09-02 | 06:04 ET | [8-K](/filings/0001628280-26-059961.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-059961 |
| 2026-07-29 | 16:08 ET | [10-Q](/filings/0001628280-26-050609.md) | Quarterly report, period 2026-06-30 | 0001628280-26-050609 |
| 2026-07-29 | 06:01 ET | [8-K](/filings/0001628280-26-050323.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-050323 |
| 2026-06-18 | 16:17 ET | [8-K](/filings/0001628280-26-044317.md) | 5.07 Shareholder vote results | 0001628280-26-044317 |
| 2026-06-12 | 06:33 ET | [8-K](/filings/0001628280-26-042641.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-042641 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001674101-26-000008.md), filed Feb 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/e0d85b07-1938-4f74-8dcc-cade85784cad)

## About the filer

- CIK: 1674101
- Tickers: VRT
- Exchange: NYSE
- SIC code: 3679 Electronic Components, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 06:05 ET. No prices; not investment advice.