# Vertiv Holdings Co (VRT) FY2024 Q2 P&L / Income Statement - Company: Vertiv Holdings Co (VRT) - Period: 2024-04-01 to 2024-06-30 - Filing: Q2 FY2024 10-Q, filed 2024-07-26, accession number 0001628280-24-033173 - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2024-04-01 through 2024-06-30. View: Product and service. Revenue and costs use their disclosed categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Products revenue**: 1,555,200,000 US dollars - **Services revenue**: 397,600,000 US dollars - **Products cost of revenue**: 981,000,000 US dollars - **Services cost of revenue**: 230,600,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-revenue-by-business-segment-sankey.png Income statement for 2024-04-01 through 2024-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Americas**: 1,121,100,000 US dollars - **Asia Pacific**: 409,100,000 US dollars - **Europe, Middle East, & Africa**: 422,600,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Timing of Transfer - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-revenue-by-timing-of-transfer-sankey.png Income statement for 2024-04-01 through 2024-06-30. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Products and services transferred at a point in time**: 1,423,900,000 US dollars - **Products and services transferred over time**: 528,900,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Timing of Transfer - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2024-04-01 through 2024-06-30. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Americas - Products and services transferred at a point in time**: 872,300,000 US dollars - **Americas - Products and services transferred over time**: 248,800,000 US dollars - **Asia Pacific - Products and services transferred at a point in time**: 312,800,000 US dollars - **Asia Pacific - Products and services transferred over time**: 96,300,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred at a point in time**: 238,800,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred over time**: 183,800,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (2) - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-revenue-by-product-and-service-2-sankey.png Income statement for 2024-04-01 through 2024-06-30. View: Product and service (Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Products**: 1,517,300,000 US dollars - **Services & spares**: 435,500,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/vrt/fy2024-q2-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/vrt-fy2024-q2-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-04-01 through 2024-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 1,952,800,000 US dollars - **Cost of sales**: 1,211,600,000 US dollars - **Gross profit (calculated)**: 741,200,000 US dollars - **Operating costs, net of other operating items (calculated)**: 405,200,000 US dollars - **Operating profit (loss)**: 336,000,000 US dollars - **Other income (expense), net (calculated)**: negative 71,300,000 US dollars - **Income (loss) before income taxes**: 264,700,000 US dollars - **Income tax expense (benefit)**: 86,600,000 US dollars - **Net income (loss)**: 178,100,000 US dollars - **Americas - Products**: 892,100,000 US dollars - **Americas - Services & spares**: 229,000,000 US dollars - **Asia Pacific - Products**: 293,100,000 US dollars - **Asia Pacific - Services & spares**: 116,000,000 US dollars - **Europe, Middle East, & Africa - Products**: 332,100,000 US dollars - **Europe, Middle East, & Africa - Services & spares**: 90,500,000 US dollars - **Restructuring costs**: negative 2,500,000 US dollars - **Amortization of intangibles**: 45,800,000 US dollars - **Selling, general and administrative expenses**: 363,800,000 US dollars - **Foreign currency (gain) loss, net**: 200,000 US dollars - **Other operating expense (income)**: negative 2,100,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.