Vertiv Holdings Co.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $497.8M | $390.1M | $445.6M | $398.5M | $324.2M | $164.5M | $147.0M | $176.6M |
| Depreciation & Amortization | $115.8M | $107.7M | $88.3M | $75.4M | $73.3M | $71.6M | $71.0M | $68.9M |
| Depreciation | $39.4M | $27.5M | $26.2M | $24.5M | $23.5M | $22.9M | $20.9M | $20.8M |
| Amortization | $76.4M | $80.2M | $62.1M | $50.9M | $49.8M | $48.7M | $50.1M | $48.1M |
| Stock-Based Compensation | $13.8M | $17.0M | $7.2M | $14.2M | $13.3M | $11.2M | $8.8M | $8.1M |
| Net Cash from Operating Activities | $1.10B | $766.8M | $978.9M | $508.7M | $322.9M | $303.3M | $425.2M | $375.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $173.3M | $112.6M | $93.3M | $45.2M | $45.0M | $36.5M | $60.7M | $36.4M |
| Business Acquisitions | $277.7M | $400.0K | $963.1M | $221.7M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-404.0M | $-376.7M | $-608.1M | $-709.9M | $-144.0M | $-38.8M | $-81.0M | $-39.2M |
| Financing Activities | ||||||||
| Dividends Paid | $23.9M | $23.9M | $24.0M | $14.2M | $14.2M | $14.2M | $14.1M | $9.4M |
| Stock Repurchases | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $-14.9M | $11.9M | $-28.0M | $-11.4M | $-8.0M | $-24.9M | $-11.7M | $-13.7M |
| Net Change in Cash | $684.4M | $401.4M | $345.6M | $-211.8M | $179.9M | $243.9M | $314.8M | $329.7M |
| Free Cash Flow | $926.5M | $654.2M | $885.6M | $463.5M | $277.9M | $266.8M | $364.5M | $338.7M |