Vertiv Holdings (VRT) Cost of Revenue (2019 - 2026)

Vertiv Holdings' (VRT) quarterly Cost of Revenue came in at $1.6 billion in Q1 2026, up 22.25% year-on-year from $1.3 billion in Q1 2025, and down 6.19% quarter-over-quarter from $1.8 billion in Q4 2025.

Vertiv Holdings (VRT) Cost of Revenue (2019 - 2026) Analysis & Trends

Vertiv Holdings has disclosed Cost of Revenue across 8 years of filings, most recently posting $1.6 billion for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $1.6 billion, up 22.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.8 billion (up 27.28% YoY), and the FY2025 annual result was $6.5 billion, up 28.3% from the prior year.
  • Cost of Revenue came in at $1.6 billion for Q1 2026 at Vertiv Holdings, down from $1.8 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.8 billion in Q4 2025 to a low of $852.8 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $1.2 billion (2023), against an average of $1.3 billion.
  • Across the five-year window, Cost of Revenue increased 3.42% in 2023 and surged 43.74% in 2025, its largest moves.
  • Vertiv Holdings' Cost of Revenue stood at $1.1 billion in 2022, then grew by 3.42% to $1.2 billion in 2023, then grew by 24.89% to $1.5 billion in 2024, then rose by 19.13% to $1.8 billion in 2025, then slipped by 6.19% to $1.6 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.6 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 525.51 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 796.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.01 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 310.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 208.68 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.04 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 535.30 Mn
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 398.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.65 Bn
Mar 31, 2026 1.65 Bn
Dec 31, 2025 1.76 Bn
Dec 31, 2025 1.76 Bn
Sep 30, 2025 1.67 Bn
Sep 30, 2025 1.67 Bn
Jun 30, 2025 1.74 Bn
Jun 30, 2025 1.74 Bn
Mar 31, 2025 1.35 Bn
Mar 31, 2025 1.35 Bn
Dec 31, 2024 1.48 Bn
Dec 31, 2024 1.48 Bn
Sep 30, 2024 1.32 Bn
Sep 30, 2024 1.32 Bn
Jun 30, 2024 1.21 Bn
Jun 30, 2024 1.21 Bn
Mar 31, 2024 1.07 Bn
Mar 31, 2024 1.07 Bn
Dec 31, 2023 1.18 Bn
Dec 31, 2023 1.18 Bn