Vertiv (VRT) Revenue & Revenue Breakdown


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Vertiv Revenue Highlights


Latest Revenue (Y)

$6.86B

Latest Revenue (Q)

$2.07B

Main Segment (Y)

Product

Main Geography (Y)

Americas Segment

Vertiv Revenue by Period


Vertiv Revenue by Year

DateRevenueChange
2023-12-31$6.86B20.59%
2022-12-31$5.69B13.87%
2021-12-31$5.00B14.36%
2020-12-31$4.37B-1.37%
2019-12-31$4.43B100.00%
2018-12-31-100.00%
2017-12-31-100.00%
2016-12-31--

Vertiv generated $6.86B in revenue during NA 2023, up 20.59% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Vertiv Revenue by Quarter

DateRevenueChange
2024-09-30$2.07B6.18%
2024-06-30$1.95B19.14%
2024-03-31$1.64B-12.13%
2023-12-31$1.87B7.05%
2023-09-30$1.74B0.49%
2023-06-30$1.73B14.00%
2023-03-31$1.52B-8.07%
2022-12-31$1.65B11.71%
2022-09-30$1.48B5.84%
2022-06-30$1.40B21.01%
2022-03-31$1.16B-18.01%
2021-12-31$1.41B14.78%
2021-09-30$1.23B-2.49%
2021-06-30$1.26B14.74%
2021-03-31$1.10B-15.86%
2020-12-31$1.31B12.35%
2020-09-30$1.16B15.54%
2020-06-30$1.01B12.08%
2020-03-31$897.30M-23.41%
2019-12-31$1.17B9.41%
2019-09-30$1.07B-5.59%
2019-06-30$1.13B7.52%
2019-03-31$1.05B-9.97%
2018-12-31$1.17B100.00%
2018-09-30-100.00%
2018-06-30-100.00%
2018-03-31-100.00%
2017-12-31-100.00%
2017-09-30-100.00%
2017-06-30-100.00%
2017-03-31--

Vertiv generated $2.07B in revenue during Q3 2024, up 6.18% compared to the previous quarter, and up 119.57% compared to the same period a year ago.

Vertiv Revenue Breakdown


Vertiv Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Product$5.41B$4.34B$3.85B$3.31B
Service$1.46B$1.36B$1.14B$1.06B

Vertiv's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (78.77%), and Service (21.23%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Product$1.65B$1.56B$1.27B$1.48B$1.38B$1.36B$1.19B$1.30B$1.14B$1.05B$849.40M$1.11B$926.00M$976.50M$844.00M$891.10M$750.20M$647.20M-
Service$419.80M$397.60M$368.80M$387.50M$361.30M$373.70M$334.60M$359.10M$345.70M$344.40M$307.00M$302.50M$302.90M$283.80M$254.40M$285.40M$270.90M$255.50M$250.10M

Vertiv's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (79.75%), and Service (20.25%).

Vertiv Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Americas Segment$3.89B---
Asia Pacific Segment$1.62B---
EMEA Segment$1.73B---
United States And Canada-$2.55B$1.98B$1.86B
Middle East And Africa-$186.70M$187.20M$188.80M
Latin America-$308.20M$264.00M$180.60M
Europe-$1.12B$1.01B$777.00M
Asia-$1.53B$1.56B$1.37B
UNITED STATES---$1.76B
CHINA---$778.50M

Vertiv's latest annual revenue breakdown by geography, as of Dec 23: Americas Segment (53.71%), EMEA Segment (23.95%), and Asia Pacific Segment (22.34%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Asia Pacific Segment$479.90M$448.30M$360.20M$990.10M$411.30M$110.10M$104.10M$110.90M$113.30M$112.90M$104.60M$115.70M$104.40M$106.30M$95.50M$107.60M$95.20M$88.10M$76.90M
Americas Segment$1.21B$1.13B$933.30M$2.47B$1.01B$207.90M$188.40M$198.70M$203.60M$187.60M$164.70M$191.70M$180.20M$179.60M$154.20M$171.60M$168.30M$161.10M$159.80M
EMEA Segment$597.00M$561.20M$471.50M$1.14B$423.30M$86.20M$78.10M$76.30M$71.10M$68.70M$64.90M$82.20M$80.80M$77.30M$72.10M$80.70M$78.40M$66.50M$65.90M

Vertiv's latest quarterly revenue breakdown by geography, as of Sep 24: Americas Segment (52.91%), EMEA Segment (26.11%), and Asia Pacific Segment (20.98%).

Vertiv Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
VRTVertiv$6.86B$2.07B
HUBBHubbell$5.37B$1.44B
AYIAcuity Brands$3.84B$968.10M
ENSEnerSys$3.58B$883.67M
ATKRAtkore$3.52B$822.36M
NVTnVent Electric$3.26B$782.00M
ENREnergizer$2.96B$701.40M
WIREEncore Wire$2.57B$632.66M
KEKimball Electronics$1.71B$374.26M
AEISAdvanced Energy Industries$1.66B$374.22M
BEBloom Energy$1.33B$330.40M

VRT Revenue FAQ


What is Vertiv’s yearly revenue?

Vertiv's yearly revenue for 2023 was $6.86B, representing an increase of 20.59% compared to 2022. The company's yearly revenue for 2022 was $5.69B, representing an increase of 13.87% compared to 2021. VRT's yearly revenue for 2021 was $5B, representing an increase of 14.36% compared to 2020.

What is Vertiv’s quarterly revenue?

Vertiv's quarterly revenue for Q3 2024 was $2.07B, a 6.18% increase from the previous quarter (Q2 2024), and a 18.99% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.95B, a 19.14% increase from the previous quarter (Q1 2024), and a 12.61% increase year-over-year (Q2 2023). VRT's quarterly revenue for Q1 2024 was $1.64B, a -12.13% decrease from the previous quarter (Q4 2023), and a 7.76% increase year-over-year (Q1 2023).

What is Vertiv’s revenue growth rate?

Vertiv's revenue growth rate for the last 3 years (2021-2023) was 37.32%, and for the last 5 years (2019-2023) was 54.88%.

What are Vertiv’s revenue streams?

Vertiv's revenue streams in c 23 are Product, and Service. Product generated $5.41B in revenue, accounting 78.77% of the company's total revenue, up 24.70% year-over-year. Service generated $1.46B in revenue, accounting 21.23% of the company's total revenue, up 7.44% year-over-year.

What is Vertiv’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Vertiv was Product. This segment made a revenue of $5.41B, representing 78.77% of the company's total revenue.