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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$2.6B+30.1%
Gross profit$999.7M+45.6%
Operating income$440.1M+51.4%
Net income$390.1M+137%
EPS (diluted)$0.99+136%

Balance sheet

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Cash & equivalents$2.2B+48.4%
Total debt$3.0B+0.8%
Total equity$4.2B+59.2%
Total assets$13.4B+41.8%

Cash flow

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Operating cash flow$766.8M+153%
CapEx$112.6M+208%
Free cash flow$654.2M+145%

Valuation

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Market cap$127.93B+249%
Enterprise value$128.73B+234%
P/E82.1×+27.0×
P/S11.8×+7.4×

Profitability

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Gross margin37.2%+0.8pp
Operating margin18.3%+0.9pp
Net margin14.4%+6.4pp

Returns & leverage

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Return on equity45.1%+12.3pp
Debt / equity0.7×-0.4×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Vertiv Holdings Co in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Vertiv Holdings Co’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertiv Holdings Co's services — cost of sales?
Vertiv Holdings Co (VRT) reported services — cost of sales of $301.4M in Q1 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 27.0% year-over-year, from $237.4M to $301.4M.
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 8.3% compound annual growth rate (CAGR), from $775.7M to $1.07B.
What does services — cost of sales mean?
The direct costs incurred to provide maintenance and technical support services to customers.
How do you interpret services — cost of sales?
A decrease relative to service revenue indicates improved operational efficiency or better cost management, whereas an increase may signal rising labor costs or inefficiencies in service delivery.
How does services — cost of sales compare across companies?
Comparable to 'Cost of Services' or 'Service COGS' at other industrial technology firms, where labor utilization and spare parts inventory management are primary cost drivers.