Company: VRT
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0001628280-25-019372
Chunk: 67

Company: Vertiv Holdings Co
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 8
Chunk 67
---
338.9 Marketing, sales and service costs65.2 28.8 24.2 118.2 Engineering, research and development costs50.3 25.0 23.3 98.6 Information technology costs21.9 16.5 10.2 48.6 Restructuring costs0.1 — 0.6 0.7 Other segment items(2)26.0 6.4 14.5 46.9 Operating profit (loss)259.7 45.7 78.7 384.1 Foreign currency gain (loss)(2.6)Corporate and other(44.8)Total corporate, other and eliminations(47.4)Amortization of intangibles(46.0)Operating profit (loss)290.7 (1)    Cost of sales exclusive of engineering, research and development costs.(2)    Other segment expenses mostly consists of general and administrative expenses such as Finance, HR, Treasury and Legal costs.

14

Three months ended March 31, 2024AmericasAsia PacificEurope, Middle East & AfricaTotalSales$933.3 $360.2 $471.5 $1,765.0 Intersegment sales8.3 27.9 89.7 125.9 Net Sales925.0 332.3 381.8 1,639.1 Significant segment expensesCost of sales(1)584.9 234.4 243.0 1,062.3 Marketing, sales and service costs72.5 27.7 22.9 123.1 Engineering, research and development costs41.7 21.8 19.0 82.5 Information technology costs18.2 13.8 8.0 40.0 Restructuring costs0.1 0.4 0.7 1.2 Other segment items(2)19.8 3.8 17.9 41.5 Operating profit (loss)187.8 30.4 70.3 288.5 Foreign currency gain (loss)(3.2)Corporate and other(36.7)Total corporate, other and eliminations(39.9)Amortization of intangibles(46.0)Operating profit (loss)$202.6 (