Vertiv third-quarter sales rise 61 percent, guidance raised

Vertiv reported third quarter net sales of 4,313 million dollars, up 61 percent from the third quarter of 2025, with 55 percent organic growth and about 6 percent from acquisitions, in the press release furnished as Exhibit 99.1 to its Form 8-K on Wednesday. Adjusted diluted earnings were 2.21 dollars a share, up 78 percent, and diluted earnings were 1.95 dollars, up 91 percent, while adjusted operating profit rose 83 percent to 1,087 million dollars and the adjusted operating margin widened 290 basis points to 25.2 percent. Seeking Alpha put the adjusted earnings 0.39 dollars above consensus and revenue 550 million dollars above consensus.

The company said organic orders grew more than 100 percent from a year earlier, operating cash flow was 794 million dollars and adjusted free cash flow was 652 million dollars, with liquidity of 6.2 billion dollars and a net cash position. Vertiv raised full year 2026 guidance across its key metrics, lifting expected net sales by 650 million dollars to a midpoint of 14,650 million dollars and adjusted diluted earnings to a midpoint of 7.15 dollars, and guided fourth quarter sales to a midpoint of 4,413 million dollars. Chief executive Giordano Albertazzi said the company is in the middle of the largest infrastructure buildout and that it is accelerating.