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How Vertiv Holdings (VRT) makes money
Vertiv Holdings (VRT) made $4.3B of revenue in the third quarter 2026 (Q3 2026), +61% from a year earlier. Americas brought in $3.0B (69%); Asia Pacific brought in $779M (18%); Europe, Middle East & Africa brought in $545M (13%). Of every dollar of revenue, 23¢ was left as operating profit, 18¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Americas | $3.0B | 69.3% | +44% | +75% |
| Asia Pacific | $779M | 18.1% | +8% | +50% |
| Europe, Middle East & Africa | $545M | 12.6% | +13% | +23% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $4.3B | 100.0% |
| Operating profit | $984M | 22.8% |
| Income tax | $230M | 5.3% |
| Net earnings | $764M | 17.7% |
| Operating cash flow | $794M | 18.4% |
| Free cash flow | $652M | 15.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2.0B | +24% |
From Vertiv Holdings' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Vertiv Holdings make money?
Vertiv Holdings (VRT) made $4.3B of revenue in the third quarter 2026 (Q3 2026), +61% from a year earlier. Americas brought in $3.0B (69%); Asia Pacific brought in $779M (18%); Europe, Middle East & Africa brought in $545M (13%). Of every dollar of revenue, 23¢ was left as operating profit, 18¢ was left as net earnings.
What is Vertiv Holdings' biggest business?
Americas: $3.0B in the third quarter 2026, 69% of revenue, +75% from a year earlier.
What is Vertiv Holdings' profit margin?
Net earnings were $764M, 17.7% of revenue, in the third quarter 2026; the operating margin was 22.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.