Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 80

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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loss)384.6 59.2 104.2 548.0 Foreign currency gain (loss)(2.3)Corporate(56.4)Total corporate and other(58.7)Amortization of intangibles(46.9)Operating profit (loss)442.4 (1)    Cost of sales exclusive of engineering, research and development costs.(2)    Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.Three months ended June 30, 2024AmericasAsia PacificEurope, Middle East & AfricaTotalSales$1,126.9 $448.3 $561.2 $2,136.4 Intersegment sales5.8 39.2 138.6 183.6 Net Sales1,121.1 409.1 422.6 1,952.8 Significant segment expensesCost of sales(1)659.7 288.7 252.0 1,200.4 Marketing, sales and service costs81.5 30.2 24.0 135.7 Engineering, research and development costs47.4 24.2 21.4 93.0 Information technology costs19.7 14.9 8.6 43.2 Restructuring costs0.2 (2.5)— (2.3)Other segment items(2)27.5 21.3 7.1 55.9 Operating profit (loss)285.1 32.3 109.5 426.9 Foreign currency gain (loss)(0.2)Corporate(44.9)Total corporate and other(45.1)Amortization of intangibles(45.8)Operating profit (loss)$336.0 (1)    Cost of sales exclusive of engineering, research and development costs.(2)    Other segment expenses mostly consist of general and administrative expenses such as Finance, Human Resources, Treasury and Legal costs.

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Six months ended June 30, 2025AmericasAsia PacificEurope, Middle East & AfricaTotalSales$2,807.1 $1,101.6 $1,143.5 $5,052.2 Intersegment sales19.5 94.2 264.4 378.1 Net Sales2,787