Earnings history

last 4 reports each · paired by recencyMethod

VRT

3 of 4at or beyond implied

Reportimpliedrealized× implied

Q3 FY26±8.6%+16.48%×1.92

Q2 FY26±11.1%−17.26%×1.56

Q1 FY26±7.9%−2.34%×0.29

Feb 11 '26±8.7%+24.49%×2.82

ETN

2 of 4at or beyond implied

Reportimpliedrealized× implied

Q3 FY26±5.7%+7.00%×1.23

Q2 FY26±5.9%+7.32%×1.24

Q1 FY26±5.1%−2.74%×0.53

Feb 3 '26±4.4%+0.86%×0.20

= impliedVRT realized, solidETN realized, hatchedOne scale, both sides: full bar = 25%× = |realized| ÷ impliedSource: market data

VRT compared with ETN: revenue, margins and what each company keeps, and the suppliers and customers both name