Vertiv Holdings (VRT) Gross Margin (2019 - 2026)
Vertiv Holdings (VRT) posted Gross Margin of 37.71% for Q2 2026, little changed sequentially from 37.73% in Q1 2026, and up 373.0% YoY from 7.97% in Q2 2025.
Vertiv Holdings (VRT) Gross Margin (2019 - 2026) Analysis & Trends
Vertiv Holdings has reported Gross Margin for 8 years, with the latest figure at 37.71% in Q2 2026.
- Quarterly Gross Margin rose 373.0% year-over-year to 37.71% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 38.04% (up 274.0% YoY) and the FY2025 annual result came in at 36.32%, down 31.0% from the prior year.
- Gross Margin steadied at 37.71% in Q2 2026 per VRT's latest filing, from 37.73% in the prior quarter.
- Over five years, Gross Margin peaked at 38.94% in Q4 2025 and troughed at 26.25% in Q1 2022.
- A 5-year average of 34.34% and a median of 35.29% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 219963 bps in 2022, down 634 bps in 2022.
- Over 5 years, Gross Margin stood at 30.93% in 2022, then gained by 18 bps to 36.64% in 2023, then grew by 1 bps to 37.09% in 2024, then grew by 5 bps to 38.94% in 2025, then decreased by 3 bps to 37.71% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 37.71%, 37.73%, and 38.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 22.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.71% |
| Mar 31, 2026 | 37.73% |
| Dec 31, 2025 | 38.94% |
| Sep 30, 2025 | 37.77% |
| Jun 30, 2025 | 33.99% |
| Mar 31, 2025 | 33.72% |
| Dec 31, 2024 | 37.09% |
| Sep 30, 2024 | 36.48% |
| Jun 30, 2024 | 37.96% |
| Mar 31, 2024 | 34.56% |
| Dec 31, 2023 | 36.64% |
| Sep 30, 2023 | 36.02% |
| Jun 30, 2023 | 34.25% |
| Mar 31, 2023 | 32.58% |
| Dec 31, 2022 | 30.93% |
| Sep 30, 2022 | 28.99% |
| Jun 30, 2022 | 26.55% |
| Mar 31, 2022 | 26.25% |
| Dec 31, 2021 | -2,168.71% |
| Sep 30, 2021 | 31.06% |