Company: VRT
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001674101-25-000024
Chunk: 44

Company: Vertiv Holdings Co
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 applications within the data center, communication networks and commercial and industrial markets in Europe, Middle East & Africa. Products and services offered are similar to the Americas segment.

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Reportable Business SegmentsThree months ended September 30, 2025AmericasAsia PacificEurope, Middle East & AfricaTotalSales$1,724.0 $597.7 $595.3 $2,917.0 Intersegment sales11.6 77.9 151.7 241.2 Net Sales1,712.4 519.8 443.6 2,675.8 Significant segment expensesCost of sales(1)1,006.0 364.0 283.4 1,653.4 Marketing, sales and service costs89.7 33.5 24.2 147.4 Engineering, research and development costs54.3 29.1 26.9 110.3 Information technology costs21.7 14.7 9.1 45.5 Other segment items(2)38.9 10.0 16.5 65.4 Operating profit (loss)501.8 68.5 83.5 653.8 Foreign currency gain (loss)(0.9)Corporate(88.0)Total corporate and other(88.9)Amortization of intangibles(48.2)Operating profit (loss)516.7 (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 September 30, 2024AmericasAsia PacificEurope, Middle East & AfricaTotalSales$1,210.0 $479.9 $597.0 $2,286.9 Intersegment sales11.4 47.5 154.5 213.4 Net Sales1,198.6 432.4 442.5 2,073.5 Significant segment expensesCost of sales(1)740.5 305.7 260.0 1,306.2 Marketing, sales and service costs78.9 31.7 24.5 135.1 Engineering, research and development costs49.2 24.9 20.4 94.5 Information technology