VRTVertiv

Industrials · Electronic Components · NYSE

Vertiv is a global leader in critical digital infrastructure for applications in data centers, communication networks, and commercial and industrial environments. 10-K, Item 1

Employees: 34,000
Headquarters: Westerville, OH
CEO: Giordano Albertazzi
Next results: around Feb 10, 2027

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RevenueFY2017–25 $10.2B+27.7% Highest in 9 years 10-K FY2025 · XBRL Net incomeFY2017–25 $1.3B+168.8% Highest in 9 years 10-K FY2025 · XBRL Free cash flowFY2017–25 $1.9B+64.3% Highest in 8 years 10-K FY2025 · XBRL Operating marginFY2017–25 17.9%+0.8 pts 4.7% in FY2019 10-K FY2025 · XBRL

What changed

10-K filed Feb 13, 2026 against Feb 18, 2025

Area	What changed	Source
Risk factors	7 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Critical audit matters changed	New this year: Valuation of Certain Acquired Intangible Assets (“As described in Note 2 of the consolidated financial statements, on October 31, 2025, the Company entered into a sale and purchase agreement ("Acquisition Agreement") to acquire Purge Rite Intermediate, LLC ("PurgeRite"). The transaction ("Acquisition") closed on December 4, 2025. Under the terms of”). Same as last year: Uncertain Tax Positions	10-K · XBRL
Accounting checks	10 other checks clear, 1 worth a look	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	4 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 13, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-18. Quoted as filed.

Our recent acquisitions have added to our sales pipeline and backlog. The contracts associated with our acquisitions may have differing terms, allowing customers to reduce firm orders or terminate contracts, with varying costs.
10-K, Item 1A

All 7 new paragraphs →

Accounting checks

latest 10-K

10 of 11 clear 1 worth a look. Checks, not verdicts.

!
Critical audit matters changedNew this year: Valuation of Certain Acquired Intangible Assets (“As described in Note 2 of the consolidated financial statements, on October 31, 2025, the Company entered into a sale and purchase agreement ("Acquisition Agreement") to acquire Purge Rite Intermediate, LLC ("PurgeRite"). The transaction ("Acquisition") closed on December 4, 2025. Under the terms of”). Same as last year: Uncertain Tax Positions
✓
Receivables +31.6% vs revenue +27.7% (+3.9 pts)
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Cash from operations $2.1B vs net income $1.3B (FY ending 2025-12-31)
✓
Inventory +17.0% vs revenue +27.7% (-10.6 pts)
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Same auditor in both 10-Ks: Ernst & Young LLP
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No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Oct 28, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Oct 27, 20268-K Acquisition or sale of assets completed, Regulation FD disclosure 8-K items 2.01, 7.01
Oct 26, 20268-K Regulation FD disclosure 8-K item 7.01

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