# Vertiv Holdings Co (VRT) FY2024 Q3 P&L / Income Statement - Company: Vertiv Holdings Co (VRT) - Period: 2024-07-01 to 2024-09-30 - Filing: Q3 FY2024 10-Q, filed 2024-10-25, accession number 0001628280-24-043698 - Page: https://plicit.ai/financials/vrt/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2024-07-01 through 2024-09-30. View: Product and service. Revenue and costs use their disclosed categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Products revenue**: 1,653,700,000 US dollars - **Services revenue**: 419,800,000 US dollars - **Products cost of revenue**: 1,066,300,000 US dollars - **Services cost of revenue**: 250,800,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Americas**: 1,198,600,000 US dollars - **Asia Pacific**: 432,400,000 US dollars - **Europe, Middle East, & Africa**: 442,500,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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-q3-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-revenue-by-timing-of-transfer-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Products and services transferred at a point in time**: 1,424,400,000 US dollars - **Products and services transferred over time**: 649,100,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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-q3-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Americas - Products and services transferred at a point in time**: 893,700,000 US dollars - **Americas - Products and services transferred over time**: 304,900,000 US dollars - **Asia Pacific - Products and services transferred at a point in time**: 283,200,000 US dollars - **Asia Pacific - Products and services transferred over time**: 149,200,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred at a point in time**: 247,500,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred over time**: 195,000,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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-q3-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-revenue-by-product-and-service-2-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Product and service (Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Products**: 1,615,600,000 US dollars - **Services & spares**: 457,900,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/vrt-fy2024-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,073,500,000 US dollars - **Cost of sales**: 1,317,100,000 US dollars - **Gross profit (calculated)**: 756,400,000 US dollars - **Operating costs, net of other operating items (calculated)**: 384,800,000 US dollars - **Operating profit (loss)**: 371,600,000 US dollars - **Other income (expense), net (calculated)**: negative 103,100,000 US dollars - **Income (loss) before income taxes**: 268,500,000 US dollars - **Income tax expense (benefit)**: 91,900,000 US dollars - **Net income (loss)**: 176,600,000 US dollars - **Americas - Products**: 957,000,000 US dollars - **Americas - Services & spares**: 241,600,000 US dollars - **Asia Pacific - Products**: 313,900,000 US dollars - **Asia Pacific - Services & spares**: 118,500,000 US dollars - **Europe, Middle East, & Africa - Products**: 344,700,000 US dollars - **Europe, Middle East, & Africa - Services & spares**: 97,800,000 US dollars - **Restructuring costs**: 6,300,000 US dollars - **Amortization of intangibles**: 45,300,000 US dollars - **Selling, general and administrative expenses**: 334,600,000 US dollars - **Foreign currency (gain) loss, net**: 5,300,000 US dollars - **Other operating expense (income)**: negative 6,700,000 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.