Filing Flows › Vertiv Holdings (VRT) › Q2 2026 › vs Q1 2026
Vertiv Holdings (VRT) Q2 2026 vs Q1 2026 (quarter over quarter)
Vertiv Holdings's revenue rose $625M (+24%) from $2.6B in Q1 2026 to $3.3B in Q2 2026. The biggest changes: Americas +$256M (+14%); Asia Pacific +$206M (+40%); Europe, Middle East, & Africa +$162M (+50%). Operating margin 19.5% against 16.6% (+2.9 pts).
Vertiv Holdings, Q2 2026: revenue $3.3B (+24% year over year), operating margin 19.5%, net earnings $498M, operating cash flow $1.1B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 19.5% | 16.6% | +2.9 pts |
| Net margin | 15.2% | 14.7% | +0.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Americas | $2.1B | $1.8B | $256M | +14% |
| Asia Pacific | $720M | $514M | $206M | +40% |
| Europe, Middle East, & Africa | $484M | $321M | $162M | +50% |
| Revenue | $3.3B | $2.6B | $625M | +24% |
| Operating profit | $638M | $440M | $198M | +45% |
| Costs & expenses | $2.6B | $2.2B | $427M | +19% |
| Pre-tax earnings | $620M | $438M | $182M | +41% |
| Other expense, net | $17.9M | $1.8M | $16.1M | +894% |
| Cost of revenue | $2.0B | $1.6B | $390M | +24% |
| SG&A | $494M | $457M | $37.7M | +8% |
| Other operating costs | $103M | $103M | −$300K | -0.3% |
| Net earnings | $498M | $390M | $108M | +28% |
| Income tax | $122M | $48.2M | $74.0M | +154% |
| Depreciation & amortization | $116M | $108M | $8.1M | +8% |
| Share-based compensation | $13.8M | $17.0M | −$3.2M | -19% |
| Working capital & other | $472M | $252M | $220M | +87% |
| Operating cash flow | $1.1B | $767M | $333M | +43% |
Questions
How much did Vertiv Holdings's revenue grow quarter over quarter in Q2 2026?
Vertiv Holdings's revenue rose $625M (+24%) from $2.6B in Q1 2026 to $3.3B in Q2 2026.
What drove Vertiv Holdings's revenue change in Q2 2026?
Americas +$256M (+14%); Asia Pacific +$206M (+40%); Europe, Middle East, & Africa +$162M (+50%).