Vertiv Holdings Co Services & spares — Net Sales decreased by 2.2% to $558.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.4%, from $424.90M to $558.30M. Over 4 years (FY 2021 to FY 2025), Services & spares — Net Sales shows an upward trend with a 8.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing demand for long-term support and a larger installed base of equipment requiring maintenance, while a decrease may signal reduced customer spending on maintenance or a shrinking installed base.
This metric represents the total revenue generated from the provision of maintenance services, technical support, and th...
Peers in the industrial and data center infrastructure sectors often report this as 'Aftermarket Services' or 'Service Revenue,' which is generally viewed as a key indicator of customer retention and recurring revenue quality.
vrt_segment_services_spares_net_sales| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $363.20M | $365.40M | $388.30M | $334.20M | $369.20M | $388.00M | $389.20M | $370.60M | $404.20M | $393.30M | $423.90M | $401.70M | $435.50M | $457.90M | $471.50M | $424.90M | $519.20M | $508.20M | $570.60M | $558.30M |
| QoQ Change | — | +0.6% | +6.3% | -13.9% | +10.5% | +5.1% | +0.3% | -4.8% | +9.1% | -2.7% | +7.8% | -5.2% | +8.4% | +5.1% | +3.0% | -9.9% | +22.2% | -2.1% | +12.3% | -2.2% |
| YoY Change | — | — | — | — | +1.7% | +6.2% | +0.2% | +10.9% | +9.5% | +1.4% | +8.9% | +8.4% | +7.7% | +16.4% | +11.2% | +5.8% | +19.2% | +11.0% | +21.0% | +31.4% |
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