Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 40

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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, performance assessments, remote monitoring, training, spare parts, and critical digital infrastructure software.Asia Pacific includes products and services sold for applications within the data center, communication networks and commercial and industrial markets throughout Greater China, India, and Asia. Products and services offered are similar to the Americas segment. Europe, Middle East & Africa includes products and services sold for 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 June 30, 2025AmericasAsia PacificEurope, Middle East & AfricaTotalSales$1,609.9 $615.5 $615.2 $2,840.6 Intersegment sales7.6 55.3 139.6 202.5 Net Sales1,602.3 560.2 475.6 2,638.1 Significant segment expensesCost of sales(1)1,021.1 413.7 294.9 1,729.7 Marketing, sales and service costs88.8 34.7 22.6 146.1 Engineering, research and development costs55.3 29.0 26.8 111.1 Information technology costs20.6 12.3 7.6 40.5 Restructuring costs0.6 0.9 0.3 1.8 Other segment items(2)31.3 10.4 19.2 60.9 Operating profit (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