Filing Flows › Vertiv Holdings (VRT) › Q3 2026 › vs Q2 2026
Vertiv Holdings (VRT) Q3 2026 vs Q2 2026 (quarter over quarter)
Vertiv Holdings's revenue rose $1.0B (+32%) from $3.3B in Q2 2026 to $4.3B in Q3 2026. The biggest changes: Americas +$918M (+44%); Europe, Middle East & Africa +$61.1M (+13%); Asia Pacific +$59.4M (+8%). Operating margin 22.8% against 19.5% (+3.3 pts).
Vertiv Holdings, Q3 2026: revenue $4.3B (+61% year over year), operating margin 22.8%, net earnings $764M, operating cash flow $794M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.8% | 19.5% | +3.3 pts |
| Net margin | 17.7% | 15.2% | +2.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Americas | $3.0B | $2.1B | $918M | +44% |
| Asia Pacific | $779M | $720M | $59.4M | +8% |
| Europe, Middle East & Africa | $545M | $484M | $61.1M | +13% |
| Revenue | $4.3B | $3.3B | $1.0B | +32% |
| Operating profit | $984M | $638M | $346M | +54% |
| Costs & expenses | $3.3B | $2.6B | $693M | +26% |
| Pre-tax earnings | $995M | $620M | $375M | +60% |
| Cost of revenue | $2.7B | $2.0B | $630M | +31% |
| SG&A | $557M | $494M | $62.5M | +13% |
| Other operating costs | $103M | $103M | $100K | +0.1% |
| Net earnings | $764M | $498M | $267M | +54% |
| Income tax | $230M | $122M | $108M | +88% |
| Depreciation & amortization | $108M | $116M | −$7.9M | -7% |
| Share-based compensation | $19.7M | $13.8M | $5.9M | +43% |
| Working capital & other | $98.1M | −$472M | $570M | — |
| Operating cash flow | $794M | $1.1B | −$306M | -28% |
Questions
How much did Vertiv Holdings's revenue grow quarter over quarter in Q3 2026?
Vertiv Holdings's revenue rose $1.0B (+32%) from $3.3B in Q2 2026 to $4.3B in Q3 2026.
What drove Vertiv Holdings's revenue change in Q3 2026?
Americas +$918M (+44%); Europe, Middle East & Africa +$61.1M (+13%); Asia Pacific +$59.4M (+8%).