Company: VRT
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001674101-25-000024
Chunk: 25

Company: Vertiv Holdings Co
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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.1)(364.8)Other current assets(40.7)(47.1)Accounts payable362.1 258.9 Deferred revenue49.4 371.7 Accrued expenses and other liabilities45.2 17.2 Income taxes(73.8)23.7 Total changes in operating working capital$(140.7)$69.2 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements

5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)

VERTIV HOLDINGS CO

(Dollars in millions)

Common Share CapitalSharesAmountAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)TotalBalance at December 31, 2024380,703,974 $— $2,821.4 $(238.3)$(148.8)$2,434.3 Net income (loss)— — 164.5 — 164.5 Exercise of employee stock options109,017 — 1.3 — — 1.3 Stock-based compensation activity, net of shares withheld for tax(1)169,340 — 4.5 — — 4.5 Employee 401K match with Vertiv stock18,813 — 2.4 — — 2.4 Dividend— — — (14.2)— (14.2)Other comprehensive income (loss), net of tax— — — — 73.6 73.6 Balance at March 31, 2025381,001,144 $— $2,829.6 $(88.0)$(75.2)$2,666.4 Net income (loss)— — 324.2 — 324.2 Exercise of employee stock options733,437 — 11.7 — — 11.7 Stock-based compensation activity, net of shares withheld for tax(2)7,784 — 13.0 — — 13.0 Employee 401K match with Vertiv stock61,463 — 3.9 — — 3.9 Dividend— — — (14.2)— (14.2)Other comprehensive income (loss), net of tax