# Vertiv Holdings Co (VRT) FY2025 Q1 P&L / Income Statement - Company: Vertiv Holdings Co (VRT) - Period: 2025-01-01 to 2025-03-31 - Filing: Q1 FY2025 10-Q, filed 2025-04-23, accession number 0001628280-25-019372 - Page: https://plicit.ai/financials/vrt/fy2025-q1-income-statement - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue and costs use their disclosed categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Products revenue**: 1,649,700,000 US dollars - **Services revenue**: 386,300,000 US dollars - **Products cost of revenue**: 1,112,100,000 US dollars - **Services cost of revenue**: 237,400,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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/fy2025-q1-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-revenue-by-business-segment-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Americas**: 1,185,300,000 US dollars - **Asia Pacific**: 447,200,000 US dollars - **Europe, Middle East, & Africa**: 403,500,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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/fy2025-q1-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-revenue-by-timing-of-transfer-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Products and services transferred at a point in time**: 1,605,000,000 US dollars - **Products and services transferred over time**: 431,000,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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/fy2025-q1-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Americas - Products and services transferred at a point in time**: 973,700,000 US dollars - **Americas - Products and services transferred over time**: 211,600,000 US dollars - **Asia Pacific - Products and services transferred at a point in time**: 336,100,000 US dollars - **Asia Pacific - Products and services transferred over time**: 111,100,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred at a point in time**: 295,200,000 US dollars - **Europe, Middle East, & Africa - Products and services transferred over time**: 108,300,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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/fy2025-q1-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-revenue-by-product-and-service-2-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Product and service (Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Products**: 1,611,100,000 US dollars - **Services & spares**: 424,900,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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/fy2025-q1-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/vrt-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,036,000,000 US dollars - **Cost of sales**: 1,349,500,000 US dollars - **Gross profit (calculated)**: 686,500,000 US dollars - **Operating costs, net of other operating items (calculated)**: 395,800,000 US dollars - **Operating profit (loss)**: 290,700,000 US dollars - **Other income (expense), net (calculated)**: negative 25,300,000 US dollars - **Income (loss) before income taxes**: 265,400,000 US dollars - **Income tax expense (benefit)**: 100,900,000 US dollars - **Net income (loss)**: 164,500,000 US dollars - **Americas - Products**: 958,300,000 US dollars - **Americas - Services & spares**: 227,000,000 US dollars - **Asia Pacific - Products**: 333,800,000 US dollars - **Asia Pacific - Services & spares**: 113,400,000 US dollars - **Europe, Middle East, & Africa - Products**: 319,000,000 US dollars - **Europe, Middle East, & Africa - Services & spares**: 84,500,000 US dollars - **Restructuring costs**: 1,100,000 US dollars - **Amortization of intangibles**: 46,000,000 US dollars - **Selling, general and administrative expenses**: 346,300,000 US dollars - **Foreign currency (gain) loss, net**: 2,600,000 US dollars - **Other operating expense (income)**: negative 200,000 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.