Vertiv Holdings (VRT) Gross Margin (2019 - 2026)
Vertiv Holdings' (VRT) quarterly Gross Margin came in at 37.71% in Q2 2026, up 373.0% year-over-year from 7.97% in Q2 2025, and little changed quarter-over-quarter from 37.73% in Q1 2026.
Analysis
Vertiv Holdings (VRT) Gross Margin (2019 - 2026) Analysis & Trends
Vertiv Holdings has disclosed Gross Margin across 8 years of filings, most recently posting 37.71% for Q2 2026.
- In Q2 2026, Gross Margin rose 373.0% year-over-year to 37.71%; the TTM figure through Jun 2026 stood at 38.04% (up 274.0% YoY), while the FY2025 annual figure was 36.32%, down 31.0% from the prior year.
- Gross Margin came in at 37.71% for Q2 2026 at Vertiv Holdings, roughly flat from 37.73% 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.
- Average Gross Margin over 5 years is 34.34%, with a median of 35.29% recorded in 2024.
- The largest YoY upside for Gross Margin was 219963 bps in 2022 against a maximum downside of 634 bps in 2022.
- Over 5 years, 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 fell by 3 bps to 37.71% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 37.71% in Q2 2026, 37.73% in Q1 2026, and 38.94% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.46 Bn | 194.35 Bn | 3.55 Bn | 40.51% |
| 2 | Eaton | 161.54 Bn | 160.85 Bn | 2.86 Bn | 33.47% |
| 3 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 37.71% |
| 4 | TE Connectivity | 59.59 Bn | 58.35 Bn | 1.84 Bn | 35.56% |
| 5 | nVent Electric | 25.65 Bn | 25.40 Bn | 558.00 Mn | 37.93% |
| 6 | Hubbell | 24.08 Bn | 23.69 Bn | 613.00 Mn | 35.81% |
| 7 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 41.13% |
| 8 | Aptiv | 9.45 Bn | 8.69 Bn | 775.00 Mn | 23.67% |
| 9 | Valmont Industries | 9.30 Bn | 9.17 Bn | 340.82 Mn | 30.47% |
| 10 | Vicor | 8.40 Bn | 7.95 Bn | 83.12 Mn | 57.98% |
Historic Data
Download Data
Historic 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% |