NYSE$VRT

Vertiv Holdings Co · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Vertiv reported Q4 2025 net sales of $2.88B and GAAP diluted EPS of $1.14, with organic orders up about 252% YoY.

Net sales were $2.88 billion (+23% YoY) with operating profit of $580 million. GAAP net income was $445.6 million and diluted EPS $1.14; adjusted operating margin was 23.2%. Backlog reached $15.0 billion and book-to-bill was about 2.9x on AI data-center demand.

  • Q4 net sales $2.88B; organic orders +252% YoY.
  • Backlog $15.0B (+109% YoY).
  • Adjusted operating margin 23.2%.
  • FY2026 adjusted diluted EPS guide $5.97–$6.07.

Headline financials

Total Revenue

$2.88B

Previous: $2.35B+22.7%
EPS (adj)

$1.36

Previous: $0.99+37.4%
Free Cash Flow

$910M

Previous: $362M+151.4%
Net Income

$446M

Previous: $147M+203.1%
Operating Income

$580M

Previous: $457M+26.9%

Revenue & EPS history

Vertiv · Revenue · Quarterly

$2.88B

Q4 2025+22.7%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Vertiv · $1.38B total across 1 segment · Q3 2023

  • Products
    $1.38B+21.7%

Forward guidance

Vertiv guided FY2026 net sales of $13.25B–$13.75B with adjusted diluted EPS of $5.97–$6.07 and Q1 adjusted EPS of $0.95–$1.01.

Tailwinds

  • FY2026 organic sales growth 27%–29%.
  • Backlog $15B supports multi-year growth.
  • Strong AI data-center demand.

Headwinds

  • Tariff and supply-chain cost pressure.
  • High execution requirements on capacity expansion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.5%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+7.7%

Avg return

30 days after

56%

18 / 32 earnings

Positive

+30.0%

Q2 2023

Best reaction

-36.7%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.1%+3.2%+4.8%
Q4 2025+24.5%+17.5%+29.7%
Q3 2025-2.0%+10.4%-8.6%
Q2 2025+1.0%-1.8%-10.6%
Q1 2025+8.5%+20.0%+45.0%
Q4 2024-9.7%-12.3%-29.0%
Q3 2024-2.2%+1.0%+24.6%
Q2 2024-16.0%-14.3%-13.7%
Q1 2024+14.1%+19.7%+34.1%
Q4 2023+1.4%+6.9%+33.0%
Q3 2023-10.7%-1.9%+9.4%
Q2 2023+30.0%+34.6%+50.3%
Q1 2023+18.5%+21.2%+61.4%
Q4 2022+7.9%+3.3%-14.2%
Q3 2022+4.7%+1.3%-2.8%
Q2 2022+11.9%+10.2%-4.8%
Q1 2022+10.6%+9.3%-0.9%
Q4 2021-36.7%-33.5%-34.3%
Q3 2021+6.9%+8.3%+7.2%
Q2 2021+1.7%+0.2%+2.2%
Q1 2021+0.7%-1.1%+7.5%
Q4 2020-6.3%-1.8%-10.2%
Q3 2020-1.8%-4.0%+12.2%
Q2 2020+8.0%+11.1%+5.9%
Q4 2019+3.4%+8.5%+31.5%
Q1 2020-0.9%-2.9%+30.1%
Q2 2019-16.4%-31.9%-13.7%
Q3 2019+0.0%-0.3%+1.0%
Q1 2019-0.3%-0.3%+0.1%
Q4 2018+0.2%+0.6%+0.7%
Q3 2018+0.5%+1.2%+1.3%
Q2 2018-0.1%-1.1%-1.6%

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