Current Liabilities
Income Taxes Payable
Vertiv Holdings Co Income Taxes Payable increased by 69.4% to $73.5M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.9%, from $126.6M to $73.5M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows an upward trend with a 18.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 22, 2026
How to read this metric
Changes typically correlate with fluctuations in pre-tax profitability and effective tax rates.
Detailed definition
This represents the current tax liability owed to government authorities based on taxable income earned during the perio...
Peer comparison
Standard across all corporations; analyzed to understand the timing of tax cash outflows.
Metric ID:
income_taxes_payableHistorical Data
20 periods
| 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 | $25.4M | $30.6M | $21.1M | $22.2M | $14.7M | $33.4M | $19.7M | $33.5M | $33.4M | $49.1M | $46.5M | $56.6M | $74M | $124.2M | $83.7M | $126.6M | $152.6M | $23.7M | $43.4M | $73.5M |
| QoQ Change | — | +20.5% | -31.0% | +5.2% | -33.8% | +127.2% | -41.0% | +70.1% | -0.3% | +47.0% | -5.3% | +21.7% | +30.7% | +67.8% | -32.6% | +51.3% | +20.5% | -84.5% | +83.1% | +69.4% |
| YoY Change | — | — | — | — | -42.1% | +9.2% | -6.6% | +50.9% | +127.2% | +47.0% | +136.0% | +69.0% | +121.6% | +153.0% | +80.0% | +123.7% | +106.2% | -80.9% | -48.1% | -41.9% |
Range$14.7M – $152.6M
CAGR+25.1%
Avg YoY Growth+50.2%
Median YoY Growth+59.9%
Current Streak2 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Europe, Middle East, & Africa | $21.1M | $20.4M | $21.1M | $21M | $22.1M | $22.5M | $22.8M | $22.3M |
| Total | $74M | $124.2M | $83.7M | $126.6M | $152.6M | $23.7M | $43.4M | $73.5M |
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Vertiv Holdings Co's income taxes payable?
- Vertiv Holdings Co (VRT) reported income taxes payable of $73.5M in Q1 2026.
- How has Vertiv Holdings Co's income taxes payable changed year-over-year?
- Vertiv Holdings Co's income taxes payable decreased by 41.9% year-over-year, from $126.6M to $73.5M.
- What is the long-term trend for Vertiv Holdings Co's income taxes payable?
- Over 5 years (2020 to 2025), Vertiv Holdings Co's income taxes payable has grown at a 18.2% compound annual growth rate (CAGR), from $18.8M to $43.4M.
- What does income taxes payable mean?
- The amount of income tax the company currently owes to the government.