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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.27B | $2.65B | $2.88B | $2.68B | $2.64B | $2.04B | $2.35B | $2.07B |
| Cost of revenue | $2.04B | $1.65B | $1.76B | $1.67B | $1.74B | $1.35B | $1.48B | $1.32B |
| Gross profit | $1.23B | $999.70M | $1.12B | $1.01B | $896.60M | $686.50M | $870.20M | $756.40M |
| Gross margin | 37.7% | 37.7% | 38.9% | 37.8% | 34.0% | 33.7% | 37.1% | 36.5% |
| Selling, general and administrative | $494.40M | $456.70M | $461.60M | $414.30M | $395.60M | $346.30M | $361.60M | $334.60M |
| Operating expenses | $593.10M | $561.20M | $541.70M | $493.20M | $451.90M | $393.20M | $409.90M | $386.20M |
| Operating income | $641.80M | $438.50M | $579.70M | $517.50M | $444.70M | $293.30M | $460.30M | $370.20M |
| Operating margin | 19.6% | 16.6% | 20.1% | 19.3% | 16.9% | 14.4% | 19.6% | 17.9% |
| EBITDA | $753.70M | $541.30M | $688.80M | $623.60M | $519.90M | $366.00M | $532.50M | $445.40M |
| Interest expense | −$17.40M | $4.40M | −$16.70M | −$22.80M | −$21.30M | −$25.30M | −$30.70M | −$35.90M |
| Income before taxes | $620.00M | $438.30M | $563.20M | $492.20M | $421.10M | $265.40M | $245.20M | $268.50M |
| Income taxes | $122.20M | $48.20M | $117.60M | $93.70M | $96.90M | $100.90M | $98.20M | $91.90M |
| Net income | $497.80M | $390.10M | $445.60M | $398.50M | $324.20M | $164.50M | $147.00M | $176.60M |
| Net margin | 15.2% | 14.7% | 15.5% | 14.9% | 12.3% | 8.1% | 6.3% | 8.5% |
| EPS, basic | $1.29 | $1.02 | $1.16 | $1.04 | $0.85 | $0.43 | $0.39 | $0.47 |
| EPS, diluted | $1.27 | $0.99 | $1.14 | $1.02 | $0.83 | $0.42 | $0.37 | $0.46 |
| Diluted shares | 392.75M | 392.13M | 391.73M | 390.93M | 389.85M | 390.11M | 397.36M | 384.32M |
Figures describe Vertiv Holdings Co shares, not any token. As of Jul 29, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.