Company: VRT
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001674101-25-000024
Chunk: 85

Company: Vertiv Holdings Co
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 service offerings include: •Products include AC and DC power management, thermal management, low/medium voltage switchgear, busbar, integrated modular solutions, racks, single phase UPS, rack power distribution, rack thermal systems, configurable integrated solutions, energy storage solutions, hardware, and software for managing I.T. equipment.•Services & spares include preventative maintenance, acceptance testing, engineering and consulting, 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 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