Vertiv Holdings (VRT) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the reported quarter. The rise was observed relative to both the preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the reported quarter. The rise was observed relative to both the preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+6.2%
Change from the immediately preceding quarter.
Year-over-year
+19.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.9B | +12.7% |
| Mar 31, 2024 | $1.6B | +7.8% |
| Jun 30, 2024 | $2B | +12.6% |
| Sep 30, 2024 | $2.1B | +19.0% |
Revenue performance
The revenue growth was broad-based, with contributions from both product and service segments.
Quarterly comparison
Revenue rose sequentially compared with the immediately preceding quarter. It also increased compared with the same quarter one year earlier.
What to watch
The sequential revenue trend may be an area to monitor for continued momentum.