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

Company: Vertiv Holdings Co
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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5 171.4 Net income (loss)$398.5 $176.6 $887.2 $348.8 Earnings (loss) per share:Basic$1.04 $0.47 $2.33 $0.93 Diluted$1.02 $0.46 $2.27 $0.90 Weighted-average shares outstanding:Basic382,025,408375,203,364381,455,627 376,353,335 Diluted390,928,669384,316,065390,257,902 386,106,229 

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 September 30, 2025Three months ended September 30, 2024Nine months ended September 30, 2025Nine months ended September 30, 2024Net income (loss)$398.5 $176.6 $887.2 $348.8 Other comprehensive income (loss), net of tax:Foreign currency translation(23.1)124.9 170.8 64.8 Interest rate swaps(5.3)(22.4)(21.6)(19.0)Pension(0.4)— (0.2)(0.1)Foreign currency exchange forwards2.8 (4.3)19.0 (8.1)Other comprehensive income (loss), net of tax:(26.0)98.2 168.0 37.6 Comprehensive income$372.5 $274.8 $1,055.2 $386.4 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements

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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

VERTIV HOLDINGS CO

(Dollars in millions)

September 30, 2025December 31, 2024ASSETSCurrent assets:Cash and cash equivalents$1,396.0 $1,227.6 Short-term investments544.6 — Accounts receivable, less allowances of $25.3 and $22.4, respectively2,810