Vertiv Holdings Co
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Vertiv Holdings Co (VRT). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Americas | $2.04B 46.7% | $2.19B 43.8% · +7.2% | $2.73B 47.9% · +24.7% | $3.84B 56.0% · +40.9% | $4.50B 56.2% · +17.1% | $6.39B 62.4% · +41.9% |
| Asia Pacific | $1.37B 31.3% | $1.61B 32.2% · +17.6% | $1.60B 28.1% · -0.5% | $1.53B 22.3% · -4.6% | $1.72B 21.4% · +12.4% | $2.02B 19.7% · +17.5% |
| Europe, Middle East, & Africa | $961.6M 22.0% | $1.20B 24.0% · +25.0% | $1.36B 23.9% · +13.3% | $1.49B 21.7% · +9.5% | $1.79B 22.4% · +20.3% | $1.82B 17.8% · +1.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $3.43B 50.0% | $4.09B 51.0% · +19.1% | $6.01B 58.8% · +47.2% |
| Asia Pacific | $1.48B 21.6% | $1.70B 21.2% · +14.9% | $2.02B 19.7% · +18.7% |
| Europe | $1.31B 19.0% | $1.52B 19.0% · +16.6% | $1.47B 14.4% · -3.2% |
| Latin America and Canada | $448.9M 6.5% | $426.9M 5.3% · -4.9% | $436.9M 4.3% · +2.3% |
| Middle East/Africa | $196.6M 2.9% | $274.1M 3.4% · +39.4% | $284.5M 2.8% · +3.8% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.