Vertiv Holdings VRT
NYSE VRT
$262.81 -28.02 (-9.63%)
As of: Sep 9, 2026 · 3:59 PM EDT

Vertiv Holdings (VRT) Operating Expenses (2017 - 2026)

Vertiv Holdings' (VRT) quarterly Operating Expenses came in at $490.5 million in Q2 2026, up 23.4% year-over-year from $397.5 million in Q2 2025, and up 8.57% quarter-over-quarter from $451.8 million in Q1 2026.

Analysis

Vertiv Holdings (VRT) Operating Expenses (2017 - 2026) Analysis & Trends

Vertiv Holdings has disclosed Operating Expenses across 10 years of filings, most recently posting $490.5 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 23.4% year-over-year to $490.5 million; the TTM figure through Jun 2026 stood at $1.9 billion (up 29.07% YoY), while the FY2025 annual figure was $1.7 billion, up 21.24% from the prior year.
  • Operating Expenses came in at $490.5 million for Q2 2026 at Vertiv Holdings, up from $451.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $490.5 million in Q2 2026 to a low of $288.4 million in Q2 2022.
  • Average Operating Expenses over 5 years is $361.9 million, with a median of $344.2 million recorded in 2024.
  • Year-over-year, Operating Expenses retreated 8.33% in 2022 and jumped 32.97% in 2025.
  • Over 5 years, Operating Expenses stood at $303.9 million in 2022, then rose by 16.45% to $353.9 million in 2023, then rose by 2.51% to $362.8 million in 2024, then jumped by 32.97% to $482.4 million in 2025, then rose by 1.68% to $490.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $490.5 million in Q2 2026, $451.8 million in Q1 2026, and $482.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amphenol 200.46 Bn 194.35 Bn 3.55 Bn 963.40 Mn
2 Eaton 161.54 Bn 160.85 Bn 2.86 Bn 1.46 Bn
3 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn 490.50 Mn
4 TE Connectivity 59.59 Bn 58.35 Bn 1.84 Bn 92.00 Mn
5 nVent Electric 25.65 Bn 25.40 Bn 558.00 Mn 257.30 Mn
6 Hubbell 24.08 Bn 23.69 Bn 613.00 Mn 264.40 Mn
7 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 141.00 Mn
8 Aptiv 9.45 Bn 8.69 Bn 775.00 Mn 2.91 Bn
9 Valmont Industries 9.30 Bn 9.17 Bn 340.82 Mn 174.71 Mn
10 Vicor 8.40 Bn 7.95 Bn 83.12 Mn 48.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 490.50 Mn
Mar 31, 2026 451.80 Mn
Dec 31, 2025 482.40 Mn
Sep 30, 2025 445.00 Mn
Jun 30, 2025 397.50 Mn
Mar 31, 2025 347.40 Mn
Dec 31, 2024 362.80 Mn
Sep 30, 2024 340.90 Mn
Jun 30, 2024 361.30 Mn
Mar 31, 2024 314.30 Mn
Dec 31, 2023 353.90 Mn
Sep 30, 2023 328.50 Mn
Jun 30, 2023 336.70 Mn
Mar 31, 2023 321.80 Mn
Dec 31, 2022 303.90 Mn
Sep 30, 2022 293.70 Mn
Jun 30, 2022 288.40 Mn
Mar 31, 2022 293.00 Mn
Dec 31, 2021 331.50 Mn
Sep 30, 2021 254.00 Mn