Vertiv Holdings Co (NYSE: VRT) has reported strong third-quarter results, with significant increases across various key metrics compared to the prior year period.
In Q3 2025, the company's organic orders surged by approximately 60% compared to the same quarter in the previous year, and they were up 20% sequentially from the second quarter of 2025. The trailing twelve-month (TTM) organic orders increased by 21% compared to the prior year TTM period, indicating sustained market demand and increased market penetration, particularly in AI-driven infrastructure.
The diluted earnings per share (EPS) for Q3 2025 stood at $1.02, representing a substantial 122% increase compared to the third quarter of 2024. Adjusted diluted EPS also rose significantly by 63% year-over-year.
Net sales for the third quarter of 2025 amounted to $2,676 million, marking a notable 29% increase compared to the same period in the previous year. Organic net sales also witnessed a robust growth of 28% compared to the prior year's third quarter.
The company's operating profit for Q3 2025 reached $517 million, demonstrating a substantial 39% increase from the third quarter of 2024. Adjusted operating profit also saw a significant uptick, reaching $596 million, up 43% from the same period last year. The adjusted operating margin stood at 22.3%, marking an increase of 220 basis points compared to Q3 2024 and a sequential increase of 380 basis points from the second quarter of 2025.
Vertiv's net cash generated by operating activities in the third quarter of 2025 was $509 million, with adjusted free cash flow reaching $462 million, signifying increases of 36% and 38%, respectively, from the third quarter of 2024.
The company's liquidity remained strong at $2.7 billion, and its net leverage was approximately 0.5x at the end of the third quarter of 2025. Moody's Investors Service also upgraded Vertiv’s credit rating to ba1 from ba2 during the quarter, reflecting its strong market position and consistent operational achievements.
Looking ahead, Vertiv raised its full-year 2025 guidance across key metrics, including adjusted diluted EPS, adjusted operating profit, and adjusted free cash flow. The company has increased its adjusted diluted EPS from $3.80 to $4.10, adjusted operating profit from $1,990 million to $2,060 million, and adjusted free cash flow from $1,400 million to $1,500 million.
The company's fourth quarter 2025 guidance includes a projected net sales range of $2,810 million to $2,890 million, with an anticipated organic net sales growth of 18% to 22%. The adjusted operating profit for Q4 2025 is expected to be in the range of $620 million to $660 million, with an adjusted operating margin of 22.1% to 22.7%. Additionally, the adjusted diluted EPS for the fourth quarter is forecasted to be between $1.23 and $1.29, while adjusted free cash flow is projected to be in the range of $470 million to $530 million. Today the company's shares have moved -0.53% to a price of $174.80. If you want to know more, read the company's complete 8-K report here.
