Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 21

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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2 $178.1 $488.7 $172.2 Earnings (loss) per share:Basic$0.85 $0.48 $1.28 $0.46 Diluted$0.83 $0.46 $1.25 $0.44 Weighted-average shares outstanding:Basic381,482,996374,734,093381,166,015 376,934,638 Diluted389,846,827384,488,069389,977,516 387,001,428 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements

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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

VERTIV HOLDINGS CO

(Dollars in millions)

Three months ended June 30, 2025Three months ended June 30, 2024Six months ended June 30, 2025Six months ended June 30, 2024Net income (loss)$324.2 $178.1 $488.7 $172.2 Other comprehensive income (loss), net of tax:Foreign currency translation116.8 (16.9)193.9 (60.1)Interest rate swaps(6.6)(2.9)(16.3)3.4 Pension0.2 (0.1)0.2 (0.1)Foreign currency exchange forwards10.0 (6.4)16.2 (3.8)Other comprehensive income (loss), net of tax:120.4 (26.3)194.0 (60.6)Comprehensive income$444.6 $151.8 $682.7 $111.6 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements

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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

VERTIV HOLDINGS CO

(Dollars in millions)

June 30, 2025December 31, 2024ASSETSCurrent assets:Cash and cash equivalents$1,640.8 $1,227.6 Short-term investments98.2 — Accounts receivable, less allowances of $24.3 and $22.4, respectively2,831.0 2,362.7