Summary
Vertiv Holdings Co. (VRT) reported robust growth in its 2025 fiscal year, with net sales increasing by 27.7% to $10,229.9 million, up from $8,011.8 million in 2024. This significant expansion was driven by higher sales volumes across its product and service offerings, with particular strength noted in the Americas segment which saw a 41.9% increase in net sales. The company's strategic investments in capacity expansion, including new facilities and acquisitions like Great Lakes Data Racks & Cabinets, are positioning it to capitalize on the accelerating demand in data centers, especially those driven by AI and high-performance computing workloads. Despite facing cost inflation, particularly related to tariffs, Vertiv managed to maintain its gross profit margin at a relatively stable 36.3% in 2025, thanks to improved price realization and operational leverage. The company also demonstrated a commitment to shareholder returns, increasing its quarterly cash dividend and continuing its share repurchase program, with $2.4 billion remaining for future repurchases. Vertiv's outlook suggests continued investment in capacity, innovation in thermal management, and strengthening of its services capabilities to support future growth.
Financial Highlights
53 data points| Revenue | $10.23B |
| Cost of Revenue | $6.51B |
| Gross Profit | $3.72B |
| R&D Expenses | $441.70M |
| SG&A Expenses | $1.62B |
| Operating Income | $1.83B |
| Interest Expense | $86.10M |
| Net Income | $1.33B |
| EPS (Basic) | $3.49 |
| EPS (Diluted) | $3.41 |
| Shares Outstanding (Basic) | 381.71M |
| Shares Outstanding (Diluted) | 390.65M |
Key Highlights
- 1Net sales surged by 27.7% to $10,229.9 million in 2025, driven by increased sales volumes.
- 2The Americas segment showed exceptional growth, with net sales rising 41.9% to $6,386.3 million.
- 3Gross profit margin remained strong at 36.3% in 2025, despite cost inflation, indicating effective pricing strategies and operational efficiency.
- 4The company significantly increased its investment in capital expenditures, allocating $226.4 million in 2025 and projecting $425-$525 million for 2026 to support capacity expansion, particularly for AI and high-density computing infrastructure.
- 5Strategic acquisitions, including Great Lakes Data Racks & Cabinets and PurgeRite Intermediate, were completed to enhance product offerings and service capabilities.
- 6Vertiv increased its quarterly cash dividend to $0.0625 per share and has $2.4 billion remaining under its authorized share repurchase program.
- 7Operating profit saw a substantial increase of 33.8% to $1,829.7 million, reflecting strong revenue growth and improved operational leverage.