Financial insights of VRT

MyFinsight

For the year ending 2025-12-31, VRT made $10,229,900K in revenue. $1,332,800K in net income. Net profit margin of 13.03%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Net sales	10,229,900	8,011,800	6,863,200	5,691,500
Product	5,447,200	4,099,400	3,575,700	3,219,100
Service	1,067,500	978,200	887,000	856,300
Cost of sales	6,514,700	5,077,600	4,462,700	4,075,400
Selling, general and administrative expenses	1,617,800	1,374,000	1,312,300	1,178,300
Amortization of intangibles	200,400	184,200	181,300	215,800
Restructuring costs	54,500	5,300	28,600	700
Foreign currency (gain) loss, net	-12,000	-9,300	-16,000	-3,700
Asset impairments	-	-	0	0
Other operating expense (income)	-800	6,000	9,900	5,800
Operating profit (loss)	1,829,700	1,367,400	872,200	223,400
Interest expense, net	86,100	150,400	180,100	147,300
Loss on extinguishment of debt	-1,700	-2,400	-500	0
Gain on tax receivable agreement	-	-	0	0
Change in fair value of warrant liabilities	0	449,200	157,900	-90,900
Income (loss) before income taxes	1,741,900	765,400	533,700	167,000
Income tax expense	409,100	269,600	73,500	90,400
Net income (loss)	1,332,800	495,800	460,200	76,600

Basic (in shares)	381,712,181	376,418,933	380,144,059	376,730,519
Basic (usd per share)	3.49	1.32	1.21	0.2
Diluted (in shares)	390,652,824	386,325,058	386,226,267	378,224,051
Diluted (usd per share)	3.41	1.28	1.19	-0.04