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Earnings Score 68 Neutral

Vertiv Surges Q1 Profits on AI Data Center Demand, Lifts 2026 Outlook

Apr 22, 2026 11:29 UTC
VRT
Short term

Vertiv Holdings reported a significant jump in first-quarter earnings and revenue, driven by robust demand for data center infrastructure. The company has raised its full-year 2026 guidance, reflecting continued growth in organic sales.

  • Q1 Net Income: $390.1M vs $164.5M YoY
  • Q1 Revenue: $2.65B (30% increase)
  • FY26 Revenue Guidance: $13.5B - $14.0B
  • FY26 Adjusted EPS Guidance: $6.30 - $6.40
  • Primary Driver: Strong data center infrastructure demand

Vertiv Holdings Co (VRT) posted strong first-quarter results on Wednesday, with net earnings climbing to $390.1 million, or $0.99 per share, compared to $164.5 million, or $0.42 per share, in the same period last year. The growth was primarily fueled by a 30% increase in quarterly revenue, which reached $2.650 billion. This expansion was underpinned by 23% organic sales growth and a surge in demand for data center infrastructure, alongside contributions from acquisitions and favorable currency translations. Looking ahead, the company provided an optimistic outlook for the second quarter, forecasting net sales between $3.25 billion and $3.45 billion. For the full year 2026, Vertiv expects net sales to reach between $13.50 billion and $14.00 billion, with organic growth projected at 29% to 31%. The company anticipates full-year diluted EPS to grow 66% to a range of $5.60 to $5.70, with adjusted diluted EPS expected between $6.30 and $6.40. Despite the positive financial trajectory and raised guidance, shares of Vertiv traded lower in pre-market activity, falling 4.60% to $298.01 from the previous close of $312.44.

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