Vertiv (cooling) reported capital expenditure of $220M for fiscal 2025, +31.7% versus $167M in fiscal 2024.
Capex equals 2% of fiscal-year revenue ($10.23B).
The highest single reported period was $113M (period ending 2026-03-31).
The latest reported period, 6 months to 2026-06-30, shows $286M; the dataset covers 31 reported periods (2018–2026), all from SEC XBRL filings.
Every capital-expenditure figure Vertiv (cooling) has reported to the SEC, unedited. Capex is the XBRL concept PaymentsToAcquirePropertyPlantAndEquipment; a capex/revenue ratio above 100% means the company is investing more than it earns to secure capacity. Each row links to the filing it came from.
| Fiscal year | Capex | YoY |
|---|---|---|
| FY2025 | $220M | +32% |
| FY2024 | $167M | +31% |
| FY2023 | $128M | +28% |
| FY2022 | $100M | +36% |
| FY2021 | $73M | +65% |
| FY2020 | $44M | -7% |
| FY2019 | $48M | -26% |
| FY2018 | $65M | — |
| Period end | Period | Capex |
|---|---|---|
| 2026-06-30 | FY2026 6 mo. cumulative | $286M |
| 2026-03-31 | FY2026 Q1 | $113M |
| 2025-12-31 | FY2025 FY | $220M |
| 2025-09-30 | FY2025 9 mo. cumulative | $127M |
| 2025-06-30 | FY2025 6 mo. cumulative | $82M |
| 2025-03-31 | FY2025 Q1 | $37M |
| 2024-12-31 | FY2024 FY | $167M |
| 2024-09-30 | FY2024 9 mo. cumulative | $106M |
| 2024-06-30 | FY2024 6 mo. cumulative | $70M |
| 2024-03-31 | FY2024 Q1 | $36M |
| 2023-12-31 | FY2023 FY | $128M |
| 2023-09-30 | FY2023 9 mo. cumulative | $80M |
| 2023-06-30 | FY2023 6 mo. cumulative | $54M |
| 2023-03-31 | FY2023 Q1 | $28M |
| 2022-12-31 | FY2022 FY | $100M |
| 2022-09-30 | FY2022 9 mo. cumulative | $62M |
| 2022-06-30 | FY2022 6 mo. cumulative | $38M |
| 2022-03-31 | FY2022 Q1 | $15M |
| 2021-12-31 | FY2021 FY | $73M |
| 2021-09-30 | FY2021 9 mo. cumulative | $43M |
| 2021-06-30 | FY2021 6 mo. cumulative | $30M |
| 2021-03-31 | FY2021 Q1 | $17M |
| 2020-12-31 | FY2020 FY | $44M |
| 2020-09-30 | FY2020 9 mo. cumulative | $21M |
| 2020-06-30 | FY2020 6 mo. cumulative | $13M |
| 2020-03-31 | FY2020 Q1 | $7M |
| 2019-12-31 | FY2019 FY | $48M |
| 2019-09-30 | FY2019 9 mo. cumulative | $28M |
| 2019-06-30 | FY2019 6 mo. cumulative | $23M |
| 2019-03-31 | FY2019 Q1 | $11M |
| 2018-12-31 | FY2018 FY | $65M |
Source: SEC XBRL company-concept API, concept PaymentsToAcquirePropertyPlantAndEquipment, CIK 1674101. See Methodology.