Vertiv Holdings Co
NYSE:VRT
Income Statement
Earnings Waterfall
Vertiv Holdings Co
Revenue
|
7B
USD
|
Cost of Revenue
|
-4.5B
USD
|
Gross Profit
|
2.5B
USD
|
Operating Expenses
|
-1.5B
USD
|
Operating Income
|
976.4m
USD
|
Other Expenses
|
-572.4m
USD
|
Net Income
|
404m
USD
|
Income Statement
Vertiv Holdings Co
Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
1 055
N/A
|
2 189
+108%
|
3 260
+49%
|
4 431
+36%
|
7 533
+70%
|
7 405
-2%
|
7 496
+1%
|
4 371
-42%
|
4 572
+5%
|
4 826
+6%
|
4 893
+1%
|
4 998
+2%
|
5 056
+1%
|
5 195
+3%
|
5 447
+5%
|
5 692
+4%
|
6 056
+6%
|
6 391
+6%
|
6 652
+4%
|
6 863
+3%
|
6 981
+2%
|
|
Gross Profit | ||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
(708)
|
(1 475)
|
(2 194)
|
(2 978)
|
(5 075)
|
(4 967)
|
(4 997)
|
(2 897)
|
(3 027)
|
(3 219)
|
(3 317)
|
(3 475)
|
(3 588)
|
(3 765)
|
(3 969)
|
(4 075)
|
(4 248)
|
(4 360)
|
(4 424)
|
(4 463)
|
(4 510)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
347
N/A
|
714
+106%
|
1 066
+49%
|
1 453
+36%
|
2 459
+69%
|
2 438
-1%
|
2 499
+3%
|
1 474
-41%
|
1 545
+5%
|
1 608
+4%
|
1 576
-2%
|
1 523
-3%
|
1 468
-4%
|
1 431
-3%
|
1 478
+3%
|
1 616
+9%
|
1 808
+12%
|
2 031
+12%
|
2 229
+10%
|
2 401
+8%
|
2 471
+3%
|
|
Operating Income | ||||||||||||||||||||||||
Operating Expenses |
(0)
|
(1)
|
(326)
|
(618)
|
(909)
|
(1 228)
|
(2 108)
|
(2 075)
|
(2 068)
|
(1 139)
|
(1 124)
|
(1 168)
|
(1 173)
|
(1 250)
|
(1 316)
|
(1 355)
|
(1 416)
|
(1 388)
|
(1 388)
|
(1 418)
|
(1 440)
|
(1 483)
|
(1 495)
|
|
Selling, General & Administrative |
(0)
|
(1)
|
(288)
|
(551)
|
(810)
|
(1 101)
|
(1 887)
|
(1 850)
|
(1 842)
|
(1 008)
|
(994)
|
(1 039)
|
(1 045)
|
(1 109)
|
(1 151)
|
(1 167)
|
(1 204)
|
(1 178)
|
(1 195)
|
(1 235)
|
(1 267)
|
(1 312)
|
(1 318)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(31)
|
(129)
|
(193)
|
(225)
|
(226)
|
(129)
|
(128)
|
(128)
|
(127)
|
(144)
|
(170)
|
(194)
|
(217)
|
(216)
|
(203)
|
(193)
|
(184)
|
(181)
|
(182)
|
|
Other Operating Expenses |
0
|
0
|
(39)
|
(67)
|
(68)
|
2
|
(28)
|
0
|
0
|
(2)
|
(2)
|
(1)
|
(1)
|
4
|
6
|
6
|
5
|
6
|
10
|
10
|
11
|
11
|
5
|
|
Operating Income |
(0)
N/A
|
(1)
-150%
|
21
N/A
|
97
+361%
|
157
+62%
|
225
+44%
|
351
+56%
|
363
+4%
|
432
+19%
|
334
-23%
|
421
+26%
|
440
+5%
|
404
-8%
|
273
-32%
|
153
-44%
|
75
-51%
|
62
-17%
|
228
+266%
|
420
+84%
|
613
+46%
|
789
+29%
|
918
+16%
|
976
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||
Interest Income Expense |
4
|
7
|
(70)
|
(150)
|
(226)
|
(309)
|
(482)
|
(518)
|
(571)
|
(320)
|
(450)
|
(430)
|
(299)
|
(156)
|
(58)
|
40
|
(14)
|
(60)
|
(173)
|
(276)
|
(335)
|
(355)
|
(527)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(4)
|
(21)
|
(198)
|
(212)
|
(289)
|
(269)
|
(98)
|
(85)
|
(9)
|
49
|
50
|
51
|
57
|
(1)
|
(13)
|
(21)
|
(24)
|
(29)
|
(16)
|
|
Pre-Tax Income |
3
N/A
|
6
+88%
|
(49)
N/A
|
(53)
-7%
|
(73)
-38%
|
(104)
-43%
|
(329)
-215%
|
(367)
-12%
|
(429)
-17%
|
(255)
+41%
|
(128)
+50%
|
(75)
+41%
|
96
N/A
|
166
+73%
|
145
-13%
|
166
+14%
|
105
-37%
|
167
+59%
|
234
+40%
|
316
+35%
|
430
+36%
|
534
+24%
|
433
-19%
|
|
Net Income | ||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(20)
|
(36)
|
(32)
|
(37)
|
(61)
|
(59)
|
(87)
|
(73)
|
(69)
|
(56)
|
(67)
|
(47)
|
(49)
|
(59)
|
(33)
|
(90)
|
(116)
|
(134)
|
(176)
|
(74)
|
(29)
|
|
Income from Continuing Operations |
3
|
5
|
(69)
|
(89)
|
(105)
|
(141)
|
(389)
|
(426)
|
(516)
|
(327)
|
(197)
|
(131)
|
29
|
120
|
96
|
107
|
72
|
77
|
118
|
181
|
254
|
460
|
404
|
|
Net Income (Common) |
3
N/A
|
5
+85%
|
(69)
N/A
|
(89)
-28%
|
(105)
-18%
|
(141)
-35%
|
(389)
-176%
|
(426)
-10%
|
(516)
-21%
|
(327)
+37%
|
(197)
+40%
|
(131)
+33%
|
29
N/A
|
120
+315%
|
96
-19%
|
107
+11%
|
72
-33%
|
77
+6%
|
118
+55%
|
181
+53%
|
254
+40%
|
460
+81%
|
404
-12%
|
|
EPS (Diluted) |
0.03
N/A
|
0.06
+100%
|
-0.57
N/A
|
-0.73
-28%
|
-0.88
-21%
|
-1.19
-35%
|
-1.61
-35%
|
-1.29
+20%
|
-1.57
-22%
|
-1.07
+32%
|
-0.55
+49%
|
-0.36
+35%
|
0.06
N/A
|
0.33
+450%
|
0.26
-21%
|
0.28
+8%
|
0.19
-32%
|
0.2
+5%
|
0.31
+55%
|
0.48
+55%
|
0.66
+38%
|
1.19
+80%
|
1.06
-11%
|