BigCapital beta
VRT

Industrials · Electrical Components & Equipment

Vertiv: revenue, profit and cash flow

In fiscal 2025, Vertiv had revenue of $10.2B, up 18.5% a year on average since 2020, and net income of $1.33B (13.0% of revenue).

Revenue, fiscal 2025

$10.2B+18.5% a year

average annual revenue growth since 2020 · +27.7% vs 2024

Net income, 2025
$1.33B
13.0% of revenue
Diluted EPS, 2025
$3.41
Shares, 2025
391M
Free cash flow, 2025
$1.89B
$2.11B from operations − $220M capex
Ticker
VRT · NYSE
Sector
Industrials
Sub-industry
Electrical Components & Equipment
Headquarters
Westerville, Ohio
Founded
2016
In the S&P 500 since
March 23, 2026
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Vertiv Holdings Co · CIK 0001674101

Revenue and net income

Revenue went from $4.29B in 2018 to $10.2B in 2025. Net loss in 2016–2020.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$1.07 in 2020 to $3.41 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 307M in 2020 to 391M in 2025.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.89B in 2025, 18.5% of revenue. Negative in 2018, 2022.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSSharesOperating cash flowCapexFree cash flow
2025$10.2B$1.33B13.0%$3.41391M$2.11B$220M$1.89B
2024$8.01B$496M6.2%$1.28386M$1.32B$167M$1.15B
2023$6.86B$460M6.7%$1.19386M$900M$128M$773M
2022$5.69B$76.6M1.3%−$0.04378M−$153M$100M−$253M
2021$5.0B$120M2.4%$0.33360M$211M$73.4M$138M
2020$4.37B−$327M−7.5%−$1.07307M$209M$44.4M$164M
2019$4.43B−$141M−3.2%——$57.5M$47.6M$9.9M
2018$4.29B−$314M−7.3%——−$222M$64.6M−$286M
2017—−$1.28K——————
2016—−$303K——————

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Electrical Components & Equipment companies

All 83 Industrials companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.