Vertiv Holdings (VRT) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased relative to the same quarter one year earlier, driven by growth in both product and service lines. However, revenue declined compared to the immediately preceding quarter.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased relative to the same quarter one year earlier, driven by growth in both product and service lines. However, revenue declined compared to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
-13.2%
Change from the immediately preceding quarter.
Year-over-year
+24.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.4B
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 |
|---|---|---|
| Jun 30, 2024 | $2B | +12.6% |
| Sep 30, 2024 | $2.1B | +19.0% |
| Dec 31, 2024 | $2.3B | +25.8% |
| Mar 31, 2025 | $2B | +24.2% |
Revenue performance
Reported revenue moved higher year over year, as product net sales rose sharply and service net sales posted a modest gain.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased, reversing the sequential growth trend. In contrast, revenue showed a strong increase compared with the same quarter one year earlier.
What to watch
The sequential decline in revenue, despite strong year-over-year growth, warrants attention to the sustainability of top-line momentum.