Vertiv Holdings (VRT) Operating Expenses (2017 - 2026)
Vertiv Holdings (VRT) posted Operating Expenses of $490.5 million for Q2 2026, up 8.57% sequentially from $451.8 million in Q1 2026, and up 23.4% YoY from $397.5 million in Q2 2025.
Vertiv Holdings (VRT) Operating Expenses (2017 - 2026) Analysis & Trends
Vertiv Holdings has reported Operating Expenses for 10 years, with the latest figure at $490.5 million in Q2 2026.
- Quarterly Operating Expenses rose 23.4% year-over-year to $490.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.9 billion (up 29.07% YoY) and the FY2025 annual result came in at $1.7 billion, up 21.24% from the prior year.
- Operating Expenses advanced to $490.5 million in Q2 2026 per VRT's latest filing, from $451.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $490.5 million in Q2 2026 and troughed at $288.4 million in Q2 2022.
- A 5-year average of $361.9 million and a median of $344.2 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses decreased 8.33% in 2022, then surged 32.97% in 2025.
- Over 5 years, Operating Expenses stood at $303.9 million in 2022, then advanced by 16.45% to $353.9 million in 2023, then advanced by 2.51% to $362.8 million in 2024, then soared by 32.97% to $482.4 million in 2025, then advanced by 1.68% to $490.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $490.5 million, $451.8 million, and $482.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 173.34 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 257.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 264.40 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 72.69 Mn |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 158.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |