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VRT Q1 2023 Earnings — Vertiv Holdings Co Revenue & Financial Results | Market Cap Arena
VRT
Vertiv Holdings Co
$103B
Q1 2023 Earnings
Industrials
Electrical Equipment & Parts
Income Statement
Revenue
$1.5B
+31.5% YoY
Gross Profit
$450M
29.6% margin
Operating Income
$142M
9.3% margin
Net Income
$50M
3.3% margin
EPS (Diluted)
$0.12
QoQ Revenue Growth
-8.1%
Cash Flow
Operating Cash Flow
$42M
Free Cash Flow
$12M
Stock-Based Comp.
$6M
Balance Sheet
Total Assets
$7.3B
Total Liabilities
$5.7B
Stockholders' Equity
$1.6B
Cash & Equivalents
$281M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.5B
$1.2B
+31.5%
Gross Profit
$450M
$246M
+83.1%
Operating Income
$142M
-$46M
+405.8%
Net Income
$50M
$9M
+491.8%
Revenue Segments
Product
$1.2B
78%
Service
$335M
22%
Geographic Segments
Americas Segment
$188M
51%
Asia Pacific Segment
$104M
28%
EMEA Segment
$78M
21%
← FY 2023
All Quarters
Q2 2023 →