Q4 25 EPS
$1.36
BEAT +4.62%
Est. $1.30
Q4 25 Revenue
$2.88B
vs S&P Since Q4 25
+31.7%
BEATING MARKET
VRT +35.8% vs S&P +4.1%
Full Year 2025 Results
FY 25 EPS
$4.20
BEAT +1.66%
Est. $4.13
FY 25 Revenue
$10.23B
MISS 0.04%
Est. $10.23B
Market Reaction
Did VRT Beat Earnings? Q4 2025 Results
Vertiv closed out fiscal 2025 with a quarter that told two distinct stories: a modest earnings beat paired with record-breaking order momentum that lit up Wall Street. The data center infrastructure giant posted Q4 adjusted EPS of $1.36, ahead of the… Read more Vertiv closed out fiscal 2025 with a quarter that told two distinct stories: a modest earnings beat paired with record-breaking order momentum that lit up Wall Street. The data center infrastructure giant posted Q4 adjusted EPS of $1.36, ahead of the $1.30 consensus by 4.62%, while revenue of $2.88 billion came in essentially in line, a hair below estimates at -0.14% but still represented 22.7% growth year-over-year. The real headline, though, was the demand signal underneath the results: organic orders surged 252% year-over-year in Q4, the strongest order quarter in company history, pushing backlog to $15.00 billion, up 109%, with a staggering book-to-bill ratio of roughly 2.9x that reflects accelerating AI infrastructure demand. The Americas led the way, with segment revenue climbing 50.2%. Management translated that pipeline confidence into bold 2026 guidance, targeting net sales of $13.25 billion to $13.75 billion and adjusted EPS of $5.97 to $6.07, representing growth of 42% to 45% versus 2025.
Key Takeaways
- • Organic orders growth of 252% year-over-year driven by Americas and hyperscale/colocation data centers
- • Organic sales growth of 19% in Q4 2025
- • Americas region organic sales growth of 46.2%
- • Adjusted operating margin expansion of 170 basis points to 23.2% driven by operational leverage, productivity and favorable price-cost
- • Working capital efficiency including project-related advanced payments
- • Trailing twelve-month organic orders grew approximately 81%
- • Book-to-bill ratio of approximately 2.9x
VRT YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
VRT Revenue by Segment
With YoY comparisons, source: SEC Filings
VRT Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our fourth quarter performance demonstrates Vertiv's leadership position in an increasingly complex and demanding data center market. Significant growth in orders, sales, margins and cash reflects our ability to scale while maintaining a sharp focus on operational execution. What differentiates Vertiv is our ability to anticipate and shape the industry direction. Deep collaborations with semiconductor industry leaders, combined with our decades-long industry expertise and technology-rich portfolio, enable us to optimize customer outcomes by anticipating needs before they become apparent. We architect systems that deliver superior outcomes today and position our customers well to meet tomorrow's challenges. As we look to 2026, we expect this momentum to continue. Our record backlog provides clear visibility into what we expect to be another year of significant growth.”
— Giordano Albertazzi, Q4 2025 Earnings Press Release
VRT Earnings Trends
VRT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
VRT EPS Trend
Earnings per share: estimate vs actual
VRT Revenue Trend
Quarterly revenue: estimate vs actual
VRT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.17 | — | $2.65B | +0.02% |
| Q4 25 BEAT FY | $1.30 | $1.36 | +4.62% | $2.88B | — |
| FY Full Year | $4.13 | $4.20 | +1.66% | $10.23B | -0.04% |
| Q3 25 BEAT | $0.99 | $1.24 | +25.01% | $2.68B | +3.19% |
| Q2 25 | — | $0.95 | — | $2.64B | — |
| Q1 25 | — | $0.64 | — | $2.04B | — |