Vertiv (VRT) financial statements

since 2017
FY2025 revenue
$10.2B▲ +27.7%
FY2025 net income
$1.3B▲ +168.8%
FY2025 diluted EPS
$3.41▲ +166.4%
FY2025 free cash flow
$1.9B▲ +64.3%

Vertiv income statement

Vertiv income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue10,2308,0126,863
Operating income1,8301,367872
Pretax income1,742765534
Net income1,333496460
Diluted earnings per share3.411.281.19

Vertiv balance sheet

Vertiv balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents1,7281,232780
Total assets12,2129,1337,999
Total liabilities8,2716,6985,984
Total equity3,9412,4342,015
Long-term debt2,8922,9072,919

Vertiv cash flow statement

Vertiv cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow2,1141,319901
Capital expenditure-220-167-128
Free cash flow (derived)1,8941,152773
Dividends paid-67-42-9
Share repurchases0-6000

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)4,3133,2742,6502,880
Operating income (derived)984638440580
Net income (derived)765498390446
Diluted earnings per share1.951.270.99n/a
Operating cash flow (derived)7941,100767979
Total assets18,17515,90113,40012,212

Vertiv major shareholders

Vertiv major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management7.5%28,637,57730 April 2026
BlackRock, Inc.6.8%26,190,97727 October 2026

Vertiv 10-K and SEC filings

Vertiv 10-K and SEC filings
FiledFormTypeDescription
28 October 202610-QQuarterly reportQuarterly report
28 October 20268-KCurrent reportCurrent report
27 October 20268-KCurrent reportCurrent report
26 October 20268-KCurrent reportCurrent report
24 September 20268-KCurrent reportCurrent report
2 September 20268-KCurrent reportCurrent report
2 September 20268-KCurrent reportCurrent report
29 July 202610-QQuarterly reportQuarterly report

Common questions

What was Vertiv's revenue in fiscal 2025?

Vertiv reported $10.2 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 27.7% from fiscal 2024.

What was Vertiv's net income in fiscal 2025?

Vertiv reported net income of $1.3 billion for fiscal 2025, the year ended 31 December 2025, up 168.8% from fiscal 2024. Diluted earnings per share were $3.41.

What was Vertiv's free cash flow in fiscal 2025?

Vertiv had $1.9 billion in free cash flow in fiscal 2025. Operating cash flow was $2.1 billion and capital expenditure was $220 million.

What were Vertiv's total assets at the end of fiscal 2025?

Vertiv reported total assets of $12.2 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Vertiv history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.