Citable filing context

VRT filing events and research context

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VRT's research view summarizes recent SEC filing context, starting with earnings from Jul 29, 2026.

VRT filing events and research context
FiledItemContext
Jul 29, 2026earningsVertiv reported Q2 2026 net sales of $3.27 billion, a 24% increase, and raised its full-year 2026 guidance.
Jun 18, 2026otherVertiv Holdings Co stockholders elected eleven directors, approved executive compensation, and ratified Ernst & Young LLP as auditor.
Jun 12, 2026acquisitionVertiv completed the acquisition of ThermoKey S.p.A. to expand its heat rejection portfolio for AI data centers.
Jul 29, 2026Guidance: adjusted_diluted_eps1.77 to 1.83
Jul 29, 2026Guidance: adjusted_diluted_eps6.65 to 6.75
Jul 29, 2026Guidance: net_sales13800.00 to 14200.00
Jul 29, 2026mda_quarterlyVertiv reported strong financial performance for the second quarter of 2026, with net sales reaching $3.27 billion, a 24.1% increase year-over-year. This growth was primarily driven by robust demand for data center infrastructure supporting artificial intelligence and high-performance computing. The company is actively scaling its global capacity to meet this demand, with capital expenditures for the first half of 2026 totaling $288.5 million and a full-year projection of $550 million to $570 million. Profitability improved significantly, with gross margin expanding to 37.7% from 34.0% in the prior-year period, aided by favorable product and service mix and operational leverage. While the Americas and Asia Pacific segments saw strong double-digit sales growth, the EMEA region experienced a slight decline in sales due to softer market demand. Management remains focused on technological innovation, specifically in hybrid air and liquid cooling architectures and high-voltage power systems. Key operational risks include supply chain congestion, geopolitical instability, and the integration of recent acquisitions, which contributed to increased SG&A and contingent consideration expenses. Vertiv maintains a solid liquidity position, with $2.81 billion in cash and cash equivalents and substantial availability under its $2.5 billion revolving credit facility to support ongoing growth initiatives.
Apr 22, 2026mda_quarterlyVertiv Holdings Co (VRT) reported robust first-quarter 2026 results, driven by strong demand for critical digital infrastructure supporting artificial intelligence and high-performance computing. Net sales surged 30.1% to $2,649.5 million, with net income more than doubling to $390.1 million. Gross profit margin expanded to 37.7% from 33.7% year-over-year, attributed to favorable product and service mix and operational leverage. The Americas segment led growth with a 53.1% sales increase, while Asia Pacific also saw strong 14.9% growth. Conversely, Europe, Middle East & Africa sales declined 20.3% due to softer market conditions. VRT is strategically investing heavily in global capacity expansion, with capital expenditures significantly higher at $114.0 million for the quarter, projecting $425.0-$525.0 million for the full year 2026. This investment supports evolving customer requirements for higher-density, complex infrastructure, including hybrid air and liquid cooling architectures and modular solutions. The company maintains a strong liquidity position with $2,150.6 million in cash and $2,483.3 million available under its revolving credit facility, despite increased investment activities. Operating cash flow increased substantially to $766.8 million. Geopolitical and macroeconomic factors, including tariffs and regional conflicts, continue to pose risks, which VRT actively manages through supply chain diversification, pricing actions, and hedging.

Source: SEC EDGAR filing text and events; period Jul 29, 2026; filed Jul 29, 2026.

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