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Vertiv Holdings Co VRT Services — Cost of Sales

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Other financials

Income statement

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Revenue$3.3B+24.1%
Gross profit$1.2B+37.7%
Operating income$637.9M+44.2%
Net income$497.8M+53.5%
EPS (diluted)$1.27+53.0%

Balance sheet

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Cash & equivalents$2.9B+73.6%
Total debt$3.0B+1.5%
Total equity$4.8B+52.2%
Total assets$15.9B+52.8%

Cash flow

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Operating cash flow$1.1B+241%
CapEx$173.3M+285%
Free cash flow$926.5M+233%

Valuation

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Market cap$93B+73.7%
Enterprise value$93.15B+69.8%
P/E53.7×-12.2×
P/S8.1×+2.2×

Profitability

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Gross margin38%+2.7pp
Operating margin18.9%+1.8pp
Net margin15.1%+6.2pp
FCF margin25.5%+11.8pp

Returns & leverage

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Return on equity43.9%+9.1pp
Debt / equity0.6×-0.3×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Vertiv Holdings Co in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Vertiv Holdings Co’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050609
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Net sales3,274.32,638.15,923.84,674.1
Costs and expenses
Cost of sales - products1,667.81,470.33,016.22,582.4
Cost of sales - services371.6271.2673.0508.6
Cost of sales2,039.41,741.53,689.23,091.0
Operating expenses
Selling, general and administrative expenses494.4395.6951.1741.9
Amortization of intangibles73.746.9151.392.9

Item 1. Financial Statements (Unaudited)

FAQ

What is Vertiv Holdings Co's services — cost of sales?
Vertiv Holdings Co (VRT) reported services — cost of sales of $371.6M in Q2 2026.
How has Vertiv Holdings Co's services — cost of sales changed year-over-year?
Vertiv Holdings Co's services — cost of sales increased by 37.0% year-over-year, from $271.2M to $371.6M.
What is the long-term trend for Vertiv Holdings Co's services — cost of sales?
Over 4 years (2021 to 2025), Vertiv Holdings Co's services — cost of sales has grown at a 12.7% compound annual growth rate (CAGR), from $660.9M to $1.07B.
What does services — cost of sales mean?
This metric captures the direct costs associated with delivering maintenance, repair, and support services, including labor, parts, and logistics expenses. It is a key indicator of operational efficiency within the service division and directly impacts the segment's gross margin. Monitoring this cost helps assess the company's ability to manage field service overhead and supply chain expenses related to replacement components.

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