Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 42

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 gain (loss)(4.9)Corporate(101.2)Total corporate and other(106.1)Amortization of intangibles(92.9)Operating profit (loss)733.1 (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.Six months ended June 30, 2024AmericasAsia PacificEurope, Middle East & AfricaTotalSales$2,060.2 $808.5 $1,032.7 $3,901.4 Intersegment sales14.1 67.1 228.3 309.5 Net Sales2,046.1 741.4 804.4 3,591.9 Significant segment expensesCost of sales(1)1,244.6 523.1 495.9 2,263.6 Marketing, sales and service costs154.0 57.9 46.9 258.8 Engineering, research and development costs89.1 46.0 40.4 175.5 Information technology costs37.9 28.7 16.6 83.2 Restructuring costs0.3 (2.1)0.7 (1.1)Other segment items(2)47.3 25.1 24.1 96.5 Operating profit (loss)472.9 62.7 179.8 715.4 Foreign currency gain (loss)(3.4)Corporate(81.6)Total corporate and other(85.0)Amortization of intangibles(91.8)Operating profit (loss)$538.6 (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.Total AssetsJune 30, 2025December 31, 2024Americas$4,061.5 $3,728.9 Asia Pacific1,765.9 1,631.6 Europe, Middle East & Africa3,045.6 2,654.8 8,873.0 8,015.3 Corporate and other 1,533.2 1,117.