Form 10-Q · Quarterly report

Vertiv 10-Q, filed Oct 28, 2026

Filed
CIK
0001674101
Accession no.
0001628280-26-067893
AI-generated summary

Summary

Vertiv reported third-quarter 2026 net sales of $4.31 billion, up 61.2% from $2.68 billion a year earlier, and net income of $764.5 million, up 91.8%, with operating profit of $983.8 million. The company attributed the increase mainly to higher sales volumes, $156.9 million of acquisition-related sales, and continued demand for data-center power, thermal and infrastructure-management equipment driven by AI and high-performance computing, while noting tariffs, geopolitical developments and supply-chain costs as ongoing risks.

Key points

  • Net sales rose 61.2% year over year to $4,312.8 million, with gross margin at 38.1% versus 37.8% a year earlier.
  • Segment sales: Americas $2,988.8 million (+74.5%), Asia Pacific $779.3 million (+49.9%), Europe, Middle East & Africa $544.7 million (+22.8%).
  • Capital investments in the quarter were significantly higher than in the same quarter of 2025, with further capacity investment anticipated.
  • Income tax expense rose to $230.3 million from $93.7 million, primarily on increased business performance.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview We are a global leader in the design, manufacturing and servicing of critical digital infrastructure technology that powers, cools, deploys, secures and maintains electronics that process, store and transmit data. We primarily provide this technology to data centers, communication networks and commercial and industrial environments worldwide. We aim to help create a world where critical technologies always work, and where we empower the vital applications of the digital world. …

An excerpt of the text as filed with the SEC, cut for length.

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