United States was Vertiv Holdings’s largest region in fiscal 2025, bringing in $18.04B of $30.69B (59%).
| Geography | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| United States | $7.29B | $10.29B | $12.26B | $18.04B | ||||
| United States & Canada | — | — | — | — | ||||
| Asia Pacific | — | $4.44B | $5.10B | $6.06B | ||||
| Asia | $4.63B | — | — | — | ||||
| Europe | $3.45B | $3.92B | $4.57B | $4.42B | ||||
| China | — | — | — | — | ||||
| Latin America & Canada | $1.13B | $1.35B | $1.28B | $1.31B | ||||
| Latin America | — | — | — | — | ||||
| Middle East/Africa | $564.30M | $589.80M | $822.30M | $853.50M | ||||
| Total | $17.07B | $20.59B | $24.04B | $30.69B |
Vertiv Holdings brought in $30.69B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 27.7% from $24.04B in fiscal 2024. United States was the largest at $18.04B (58.8%), ahead of Asia Pacific at $6.06B (19.7%) and Europe at $4.42B (14.4%). The other two regions brought in $2.16B combined.
Compared with fiscal 2024, United States grew fastest, up 47.2% to $18.04B, while Europe fell the most, down 3.2% to $4.42B.
Vertiv Holdings began breaking out Asia Pacific in fiscal 2023, when it brought in $4.44B. Vertiv Holdings stopped reporting Asia as a separate region after fiscal 2022, when it brought in $4.63B.
Products was Vertiv Holdings’s largest segment in fiscal 2025, bringing in $15.81B of $19.16B (83%).
| Segment | FY 2019 | FY 2019 | FY 2019 | FY 2019 | FY 2020 | FY 2020 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product & Service Total | — | — | — | — | ||||||||
| Products | $5.92B | $3.46B | $10.74B | $15.81B | ||||||||
| Critical Infrastructure Solutions | — | — | — | — | ||||||||
| Services Spares | $2.26B | $7.25B | $2.76B | $3.35B | ||||||||
| Product | — | — | — | — | ||||||||
| Services | — | $4.37B | — | — | ||||||||
| Service | — | — | — | — | ||||||||
| Integrated Rack Solutions | — | — | — | — | ||||||||
| Total | $8.19B | $15.07B | $13.50B | $19.16B |
Vertiv Holdings brought in $19.16B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $30.69B it reports by geography, so these segments do not cover all of its revenue. Products was the largest at $15.81B (82.5%), ahead of Services Spares at $3.35B (17.5%).
Compared with fiscal 2024, Products grew 47.2% to $15.81B and Services Spares grew 21.1% to $3.35B.
Vertiv Holdings stopped reporting Services as a separate segment after fiscal 2023, when it brought in $4.37B.
Products & Services Transferred At A Point In Time was Vertiv Holdings’s largest revenue line in fiscal 2025, bringing in $16.16B of $19.16B (84%).
| Timing of Transfer of Good or Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Products & Services Transferred At A Point In Time | $5.78B | $8.80B | $10.42B | $16.16B | ||||
| Products & Services Transferred Over Time | $2.41B | $2.74B | $3.08B | $3.00B | ||||
| Total | $8.19B | $11.53B | $13.50B | $19.16B |
Vertiv Holdings brought in $19.16B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $30.69B it reports by geography, so these revenue lines do not cover all of its revenue. Products & Services Transferred At A Point In Time was the largest at $16.16B (84.4%), ahead of Products & Services Transferred Over Time at $3.00B (15.6%).
Compared with fiscal 2024, Products & Services Transferred At A Point In Time grew 55.1% to $16.16B, while Products & Services Transferred Over Time fell 2.7% to $3.00B.
Vertiv Holdings (VRT) reports its revenue by geography, by segment and by timing of transfer of good or service. In fiscal 2025, United States was its largest region, bringing in $18.04B (58.8% of the total), followed by Asia Pacific at $6.06B (19.7%).
United States was Vertiv Holdings' largest region in fiscal 2025, bringing in $18.04B, or 58.8% of the $30.69B total across its five regions.
Products was Vertiv Holdings' largest segment in fiscal 2025, bringing in $15.81B, or 82.5% of the $19.16B total across its two segments.
Products & Services Transferred At A Point In Time was Vertiv Holdings' largest revenue line in fiscal 2025, bringing in $16.16B, or 84.4% of the $19.16B total across its two revenue lines.
Among Vertiv Holdings' regions that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 47.2% from $12.26B to $18.04B.
Every figure comes from Vertiv Holdings' annual financial filings, as reported. Each line keeps the name Vertiv Holdings gives it, and years follow its fiscal calendar.
Vertiv Holdings' revenue by geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.