Vertiv

VRT Q3 2025 Earnings

Reported Oct 22, 2025 at 6:01 AM ET · SEC Source

Q3 25 EPS

$1.24

BEAT +25.01%

Est. $0.99

Q3 25 Revenue

$2.68B

BEAT +3.19%

Est. $2.59B

vs S&P Since Q3 25

+84.7%

BEATING MARKET

VRT +92.6% vs S&P +7.9%

Market Reaction

Did VRT Beat Earnings? Q3 2025 Results

Vertiv Holdings delivered a standout third quarter, posting adjusted EPS of $1.24 against a consensus estimate of $0.99, a beat of 25.01%, as surging demand for AI-driven digital infrastructure powered revenue to $2.68 billion, up 29.1% year-over-yea… Read more Vertiv Holdings delivered a standout third quarter, posting adjusted EPS of $1.24 against a consensus estimate of $0.99, a beat of 25.01%, as surging demand for AI-driven digital infrastructure powered revenue to $2.68 billion, up 29.1% year-over-year and ahead of the $2.59 billion Wall Street had expected. The primary engine behind the outperformance was an extraordinary acceleration in organic orders, which climbed roughly 60% year-over-year and pushed the company's backlog to $9.50 billion, while adjusted operating margin expanded 220 basis points to 22.3% on stronger volumes and manufacturing productivity. The Americas segment led the way with net sales up 42.9%, though EMEA remained a soft spot, prompting management to accelerate a restructuring initiative ahead of an expected market recovery in the second half of 2026. Vertiv raised its full-year 2025 adjusted EPS guidance to a midpoint of $4.10 and now targets organic growth of 26%–28%, reflecting sustained confidence in the AI infrastructure buildout despite a fluid tariff environment.

Key Takeaways

  • Organic orders up approximately 60% year-over-year driven by AI-driven infrastructure demand
  • Americas segment net sales growth of 43% YoY
  • Operational leverage on higher sales volumes
  • Manufacturing and procurement productivity benefits
  • Adjusted operating margin expansion of 220 basis points to 22.3%
  • Book-to-bill ratio of approximately 1.4x with backlog increasing to $9.5 billion
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VRT YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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VRT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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VRT Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Vertiv's third quarter results demonstrate our unique position in enabling the future of digital infrastructure. We delivered strong sales growth of 29% and built significant backlog, reflecting both accelerating market demand and our increasingly strong competitive position and unique capabilities to enable our customers' most advanced infrastructure needs at scale.”

— Giordano Albertazzi, Q3 2025 Earnings Press Release