Direct Answer
Vertiv reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Americas is the largest, with $6.4 billion of revenue (63% of the total), followed by EMEA at $2.4 billion (23%). 59% of revenue came from the United States.
How Does Vertiv Make Money?
Americas supplies 63% of revenue, so Vertiv's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Americas grew fastest (+42.7%) and EMEA slowest (+2.8%), so the revenue mix tilts toward Americas while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Americas | $6.4 billion | $4.5 billion | 62.8% | 42.7% |
| EMEA | $2.4 billion | $2.3 billion | 23.3% | 2.8% |
| Asia Pacific | $2.0 billion | $1.9 billion | 19.7% | 7.5% |
Which Vertiv Segments Earn the Most?
| Segment | FY2025 segment operating income | Segment margin |
|---|---|---|
| Americas | $1.7 billion | 26.7% |
| EMEA | $377 million | 15.8% |
| Asia Pacific | $222 million | 11.0% |
Segment operating income is the profit measure Vertiv reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Vertiv more safely than against another company.
Where Does Vertiv's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $6.0 billion | $4.1 billion | 58.8% | 47.2% |
| Asia | $2.0 billion | $1.7 billion | 19.7% | 18.7% |
| Europe | $1.5 billion | $1.5 billion | 14.4% | -3.2% |
| Latin America and Canada | $437 million | $427 million | 4.3% | 2.3% |
| Middle East and Africa | $285 million | $274 million | 2.8% | 3.8% |
What the Segment Figures Do Not Show
The rows above add up to 106% of Vertiv's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Vertiv reported in the segment note and revenue disclosures of its Form 10-K filed February 13, 2026 (accession 0001674101-26-000008), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Vertiv's business segments?
In its fiscal 2025 Form 10-K, Vertiv reports revenue for Americas, EMEA and Asia Pacific.
Which part of Vertiv brings in the most revenue?
Americas, with $6.4 billion of revenue in fiscal 2025, or 63% of the total.
How much of Vertiv's revenue comes from outside the United States?
41% in fiscal 2025, by the geographic breakdown Vertiv reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.