Vertiv Holdings Co (VRT) FY2024 Q3 P&L / Income Statement

Vertiv Holdings Co (VRT) FY2024 Q3 P&L / Income Statement

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.