Vertiv Holdings (VRT) Gross Margin (2019 - 2026)

Vertiv Holdings' (VRT) quarterly Gross Margin came in at 37.73% in Q1 2026, up 401.0% year-on-year from 7.53% in Q1 2025, and down 3.1% quarter-over-quarter from 38.94% in Q4 2025.

Vertiv Holdings (VRT) Gross Margin (2019 - 2026) Analysis & Trends

Vertiv Holdings has disclosed Gross Margin across 8 years of filings, most recently posting 37.73% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 37.73%, up 401.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.15% (up 83.0% YoY), and the FY2025 annual result was 36.32%, down 31.0% from the prior year.
  • Gross Margin came in at 37.73% for Q1 2026 at Vertiv Holdings, down from 38.94% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 38.94% in Q4 2025 to a low of 26.25% in Q1 2022.
  • The 5-year median for Gross Margin is 34.56% (2024), against an average of 34.14%.
  • Peak annual rise in Gross Margin reached 470881 bps in 2022, while the deepest fall reached 634 bps in 2022.
  • Vertiv Holdings' Gross Margin stood at 30.93% in 2022, then increased by 18 bps to 36.64% in 2023, then advanced by 1 bps to 37.09% in 2024, then advanced by 5 bps to 38.94% in 2025, then retreated by 3 bps to 37.73% in 2026.
  • The last three Gross Margin figures came in at 37.73% (Q1 2026), 38.94% (Q4 2025), and 37.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 37.73%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 30.03%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 35.88%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 33.32%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 39.32%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 29.65%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.77%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 49.29%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 29.44%

Historic Data

Download Data
DateValue
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 -4,677.88%
Sep 30, 2021 31.06%
Jun 30, 2021 32.48%