Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 22

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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Inventories1,413.3 1,244.4 Other current assets318.7 267.1 Total current assets6,302.0 5,101.8 Property, plant and equipment, net666.4 625.1 Other assets:Goodwill1,374.1 1,321.1 Other intangible assets, net1,454.1 1,487.1 Deferred income taxes291.5 303.3 Right-of-use assets, net244.9 202.1 Other73.2 92.0 Total other assets3,437.8 3,405.6 Total assets$10,406.2 $9,132.5 LIABILITIES AND EQUITYCurrent liabilities:Current portion of long-term debt$21.0 $21.0 Accounts payable1,605.1 1,316.4 Deferred revenue1,257.3 1,063.3 Accrued expenses and other liabilities578.5 612.6 Income taxes152.6 83.7 Total current liabilities3,614.5 3,097.0 Long-term debt, net2,900.5 2,907.2 Deferred income taxes252.6 240.3 Long-term lease liabilities203.1 171.4 Other long-term liabilities310.1 282.3 Total liabilities7,280.8 6,698.2 EquityPreferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding— — Common stock, $0.0001 par value, 700,000,000 shares authorized, 381,803,828 and 380,703,974 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively— — Additional paid-in capital2,858.2 2,821.4 Retained earnings222.0 (238.3)Accumulated other comprehensive income (loss) 45.2 (148.8)Total equity3,125.4 2,434.3 Total liabilities and equity$10,406.2 $9,132.5 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements

4

UNAUDITED CONDENSED CONSOLIDATED STATE