Vertiv Holdings Co (VRT) Earnings Call Transcripts

Vertiv Holdings Co's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Vertiv Holdings Co (VRT:US) reported a significant revenue increase of 24% year-over-year, reaching $3.274 billion, driven by strong performance in the Americas and APAC regions. Adjusted diluted EPS rose 60% to $1.52, surpassing guidance by $0.12. Management raised full-year guidance for net sales to $14 billion, up $250 million from prior expectations, and adjusted EPS to $6.70, reflecting a 60% increase from 2025. The strong outlook is supported by robust order growth and operational improvements, although supply chain complexities were noted as a potential risk for future performance.

Reported metrics

Guidance from management

Management raised full-year guidance for net sales to $14 billion and adjusted EPS to $6.70, reflecting strong confidence in continued growth and operational execution.

What management said

I mean I think we always look at it opportunistically, Scott, and this is the thing that we've talked about even at Investor Day, given today, it is a good time to look at it, but I think it's always something that we evaluate and take what we consider our capital deployment, and it's 1 of the areas we look at.

And just to add on to that, Jeff, I would also just say, again, as hyperscalers and colos, hyperscalers are sometimes deploying through colo. So to look at it that way, you might get a little bit of a mix there. So just to ensure going back to what Gio said, we're seeing it again, across regions, across products, and that's the way we really look at it, but that's the way we would view our pipelines and see it accele...

What analysts pressed on

Analysts expressed concerns over supply chain complexities and timing shifts impacting revenue recognition, with questions about the potential for these issues to persist. There is also apprehension regarding whether the company can maintain its delivery performance amidst increasing project complexity.

Main topics on the call

• Revenue Growth Acceleration — Vertiv's net sales increased by 24% year-over-year, with the Americas and APAC both growing 29%. Management stated, "We have a great position in a good industry and continue to execute very well."
• Margin Expansion — Adjusted operating margin improved to 22.6%, up 410 basis points year-over-year, exceeding guidance. This was attributed to strong operational execution and productivity gains.
• Raised Full-Year Guidance — Management raised full-year net sales guidance to $14 billion and adjusted EPS to $6.70, reflecting strong confidence in future performance. "We are raising our full year outlook across all key metrics," said CEO Gio Alb...
• Supply Chain Complexities — Management acknowledged ongoing supply chain challenges impacting revenue timing, stating, "Complexity is increasing... there could be a lot of supply chain interdependencies."

Read the full Vertiv Holdings Co transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 63 Vertiv Holdings Co earnings call transcripts on record, spanning March 9, 2020 to July 29, 2026. Based on this history, Vertiv Holdings Co reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VRT

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Electrical Equipment

Calls on record

63

First call

March 9, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly