VRT
Vertiv Holdings Co
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Vertiv Holdings Co.
Coverage
SoFi Did Not Join the S&P 500 in March. We Named the Company That Took Its Slot.
S&P Dow Jones Indices added Vertiv, Lumentum, Coherent and EchoStar to the index effective March 23. SoFi was not among them, and as of the June changeover it still is not in. Our February coverage rested on prediction-market odds and a retail poll; SoFi has since grown revenue 43% year over year while its market capitalisation fell.
Vertiv Q2 2026: Guidance Raised, EPS Beat — Stock Falls on a Revenue Timing Miss
Vertiv beat EPS estimates and raised its full-year outlook to $14B in revenue, but a Q2 top-line miss tied to supply-chain and project timing sent shares down double digits. We unpack why this looks like an execution wrinkle, not a demand problem, for one of the AI data-center buildout's key suppliers.
Vertiv's Orders Just Grew 252%. The AI Infrastructure Supercycle Has a Receipt.
Vertiv posted 252% order growth, a $15B backlog, and 2.9x book-to-bill. The AI capex wave isn't slowing down — it's accelerating.
Vertiv Q4 2025 earnings: Record revenue $2.88B
Revenue up 23% YoY, EPS $1.14. Record FCF of $912M in Q4. Data center demand driving exceptional growth.
Vertiv appoints Craig Chamberlin as CFO
Former SunPower CFO takes over as new Chief Financial Officer. Brings semiconductor and solar industry experience.
Vertiv Q3 2025: Revenue surges 29%
Revenue $2.68B, EPS $1.02. AI data center buildout driving unprecedented demand for cooling and power solutions.
Where the revenue goes next
Latest: $3.27B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $1.52B |
| 2023Q2 | $1.73B |
| 2023Q3 | $1.74B |
| 2023Q4 | $1.86B |
| 2024Q1 | $1.64B |
| 2024Q2 | $1.95B |
| 2024Q3 | $2.07B |
| 2024Q4 | $2.35B |
| 2025Q1 | $2.04B |
| 2025Q2 | $2.64B |
| 2025Q3 | $2.68B |
| 2025Q4 | $2.88B |
| 2026Q1 | $2.65B |
| 2026Q2 | $3.27B |
Latest: $1.27 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $0.12 |
| 2023Q2 | $0.22 |
| 2023Q3 | $0.24 |
| 2023Q4 | $0.60 |
| 2024Q1 | -$0.02 |
| 2024Q2 | $0.46 |
| 2024Q3 | $0.46 |
| 2024Q4 | $0.38 |
| 2025Q1 | $0.42 |
| 2025Q2 | $0.83 |
| 2025Q3 | $1.02 |
| 2025Q4 | $1.14 |
| 2026Q1 | $0.99 |
| 2026Q2 | $1.27 |
Latest: 75.8 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | 46.2 |
| 2023Q2 | 51.6 |
| 2023Q3 | 56.4 |
| 2023Q4 | 40.7 |
| 2024Q1 | 78.5 |
| 2024Q2 | 67.6 |
| 2024Q3 | 66.3 |
| 2024Q4 | 88.8 |
| 2025Q1 | 42.0 |
| 2025Q2 | 61.4 |
| 2025Q3 | 56.9 |
| 2025Q4 | 47.5 |
| 2026Q1 | 63.0 |
| 2026Q2 | 75.8 |
Latest: $926M (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $14M |
| 2023Q2 | $228M |
| 2023Q3 | $222M |
| 2023Q4 | $308M |
| 2024Q1 | $102M |
| 2024Q2 | $347M |
| 2024Q3 | $339M |
| 2024Q4 | $365M |
| 2025Q1 | $267M |
| 2025Q2 | $278M |
| 2025Q3 | $464M |
| 2025Q4 | $912M |
| 2026Q1 | $654M |
| 2026Q2 | $926M |
Latest: 385M (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | 382M |
| 2023Q2 | 382M |
| 2023Q3 | 388M |
| 2023Q4 | 381M |
| 2024Q1 | 379M |
| 2024Q2 | 384M |
| 2024Q3 | 384M |
| 2024Q4 | 386M |
| 2025Q1 | 390M |
| 2025Q2 | 390M |
| 2025Q3 | 391M |
| 2025Q4 | 382M |
| 2026Q1 | 392M |
| 2026Q2 | 385M |
Latest: $5.43B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $14M |
| 2023Q2 | $242M |
| 2023Q3 | $464M |
| 2023Q4 | $772M |
| 2024Q1 | $874M |
| 2024Q2 | $1.22B |
| 2024Q3 | $1.56B |
| 2024Q4 | $1.93B |
| 2025Q1 | $2.19B |
| 2025Q2 | $2.47B |
| 2025Q3 | $2.93B |
| 2025Q4 | $3.85B |
| 2026Q1 | $4.50B |
| 2026Q2 | $5.43B |
Latest earnings
Company History
As Emerson Network Power, becomes dominant player in data center infrastructure during the internet boom.
Emerson Electric spins off Network Power business, which becomes Vertiv. Inherits 150+ years of power and thermal heritage.
Platinum Equity acquires Vertiv from Emerson Electric for $4B. Begins transformation into standalone company.
Goes public via SPAC merger with GS Acquisition Holdings at $12B valuation. Largest industrial SPAC at the time.
Giordano Albertazzi becomes CEO. Focuses on operational excellence and capturing AI-driven data center growth.
Revenue accelerates as AI data center demand surges. Record quarterly revenue and FCF driven by thermal management and power solutions.
Key Players
The CEO view — 4 podcasts, interviews & articles →
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Funds we follow holding VRT
By latest reported 13F position value. Market value at quarter-end, not cost basis.
