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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The numbers VRT said it expected, in its earnings releases of the last 3 years, next to what it then reported for the same period. Each target links to the sentence in the release; each result to the 10-Q or 10-K it was first reported in.

Of 17 range targets with a reported result: 11 came in above the last range given, 4 within it, 2 below it.

Target	What the company said	Reported	Result
Free cash flow (company-defined) Fiscal 2026	Given $2.10B to $2.30B release 2026-02-11 Kept $2.10B to $2.30B release 2026-04-22 Raised $2.40B to $2.60B release 2026-07-29 Raised $2.60B to $2.80B release 2026-10-28	–	No standard number
The company's words First Quarter 2026 Guidance … Adjusted free cash flow(2) $2,100M - $2,300M release 2026-02-11 Full Year 2026 Guidance … Adjusted free cash flow(2) $2,100M - $2,300M release 2026-04-22 Full Year 2026 Guidance … Adjusted free cash flow(2) $2,400M - $2,600M release 2026-07-29 Full Year 2026 Guidance … Adjusted free cash flow(2) $2,600M - $2,800M release 2026-10-28
Operating income (company-defined) Fiscal 2026	Given $2.98B to $3.10B release 2026-02-11 Raised $3.14B to $3.26B release 2026-04-22 Raised $3.29B to $3.37B release 2026-07-29 Raised $3.48B to $3.56B release 2026-10-28	–	No standard number
The company's words First Quarter 2026 Guidance … Adjusted operating profit(1) $2,980M - $3,100M release 2026-02-11 Full Year 2026 Guidance … Adjusted operating profit(1) $3,140M - $3,260M release 2026-04-22 Full Year 2026 Guidance … Adjusted operating profit(1) $3,285M - $3,365M release 2026-07-29 Full Year 2026 Guidance … Adjusted operating profit(1) $3,475M - $3,555M release 2026-10-28
Diluted EPS Fiscal 2026	Given $5.27 to $5.37 release 2026-02-11 Raised $5.60 to $5.70 release 2026-04-22 Raised $5.82 to $5.92 release 2026-07-29 Raised $6.29 release 2026-10-28	–	Not reported yet
The company's words Expect full year 2026 diluted EPS of $5.27 to $5.37 and adjusted diluted EPS of $5.97 to $6.07, an increase of 56% and 43%, respectively, at the midpoint compared to full year 2025 release 2026-02-11 Expect full year 2026 diluted EPS of $5.60 to $5.70 and adjusted diluted EPS of $6.30 to $6.40, an increase of 66% and 51%, respectively, at the midpoint compared to full year 2025 release 2026-04-22 Expects full year 2026 diluted EPS of $5.82 to $5.92 and adjusted diluted EPS of $6.65 to $6.75, a midpoint increase of 72% and 60%, respectively, compared to full year 2025. release 2026-07-29 Expects full year 2026 diluted EPS of $6.29 and adjusted diluted EPS of $7.15, each at the midpoint of guidance, an increase of 84% and 70%, respectively, compared to full year 2025. release 2026-10-28
Diluted EPS (company-defined) Fiscal 2026	Given $5.97 to $6.07 release 2026-02-11 Raised $6.30 to $6.40 release 2026-04-22 Raised $6.65 to $6.75 release 2026-07-29 Raised $7.10 to $7.20 release 2026-10-28	–	No standard number
The company's words First Quarter 2026 Guidance … Adjusted diluted EPS(1) $5.97 - $6.07 release 2026-02-11 Full Year 2026 Guidance … Adjusted diluted EPS(1) $6.30 - $6.40 release 2026-04-22 Full Year 2026 Guidance … Adjusted diluted EPS(1) $6.65 - $6.75 release 2026-07-29 Full Year 2026 Guidance … Adjusted diluted EPS(1) $7.10 - $7.20 release 2026-10-28
Revenue Fiscal 2026	Given $13.25B to $13.75B release 2026-02-11 Raised $13.50B to $14.00B release 2026-04-22 Raised $14.00B release 2026-07-29 Raised $14.65B release 2026-10-28	–	Not reported yet
The company's words First Quarter 2026 Guidance … Net sales $13,250M - $13,750M release 2026-02-11 Full Year 2026 Guidance … Expect net sales of $13,500 to $14,000 million, with organic sales growth of 29% to 31% compared to 2025 release 2026-04-22 Expects full year 2026 net sales of $14,000 million and organic sales growth of 31%, each at the midpoint of guidance, compared to full year 2025. release 2026-07-29 Expects full year 2026 net sales of $14,650 million and organic sales growth of 38%, each at the midpoint of guidance, compared to full year 2025. release 2026-10-28
Operating income (company-defined) Q4 of fiscal 2026	Given $1.12B to $1.16B release 2026-10-28	–	No standard number
The company's words Fourth Quarter 2026 Guidance … Adjusted operating profit(1) $1,118M - $1,158M release 2026-10-28
Diluted EPS Q4 of fiscal 2026	Given $2.08 release 2026-10-28	–	Not reported yet
The company's words Expects fourth quarter 2026 diluted EPS of $2.08 and adjusted diluted EPS of $2.25, each at the midpoint of guidance, an increase of 82% and 65%, respectively, compared to fourth quarter 2025. release 2026-10-28
Diluted EPS (company-defined) Q4 of fiscal 2026	Given $2.22 to $2.28 release 2026-10-28	–	No standard number
The company's words Fourth Quarter 2026 Guidance … Adjusted diluted EPS(1) $2.22 - $2.28 release 2026-10-28
Revenue Q4 of fiscal 2026	Given $4.41B release 2026-10-28	–	Not reported yet
The company's words Expects fourth quarter 2026 net sales of $4,413 million and organic sales growth of 50%, each at the midpoint of guidance, compared to fourth quarter 2025. release 2026-10-28
Operating income (company-defined) Q3 of fiscal 2026	Given $898.00M to $938.00M release 2026-07-29	–	No standard number
The company's words Third Quarter 2026 Guidance … Adjusted operating profit(1) $898M - $938M release 2026-07-29
Diluted EPS (company-defined) Q3 of fiscal 2026	Given $1.77 to $1.83 release 2026-07-29	–	No standard number
The company's words Third Quarter 2026 Guidance … Adjusted diluted EPS(1) $1.77 - $1.83 release 2026-07-29
Revenue Q3 of fiscal 2026	Given $3.65B to $3.85B release 2026-07-29	$4.31B 10-Q filed 2026-10-28	Above the range
The company's words Third Quarter 2026 Guidance … Net sales $3,650M - $3,850M release 2026-07-29
Operating income (company-defined) Q2 of fiscal 2026	Given $690.00M to $730.00M release 2026-04-22	–	No standard number
The company's words Second Quarter 2026 Guidance … Adjusted operating profit(1) $690M - $730M release 2026-04-22
Diluted EPS (company-defined) Q2 of fiscal 2026	Given $1.37 to $1.43 release 2026-04-22	–	No standard number
The company's words Second Quarter 2026 Guidance … Adjusted diluted EPS(1) $1.37 - $1.43 release 2026-04-22
Revenue Q2 of fiscal 2026	Given $3.25B to $3.45B release 2026-04-22	$3.27B 10-Q filed 2026-07-29	Within the range
The company's words Second Quarter 2026 Guidance … Net sales $3,250M - $3,450M release 2026-04-22
Operating income (company-defined) Q1 of fiscal 2026	Given $475.00M to $515.00M release 2026-02-11	–	No standard number
The company's words First Quarter 2026 Guidance … Adjusted operating profit(1) $475M - $515M release 2026-02-11
Diluted EPS (company-defined) Q1 of fiscal 2026	Given $0.95 to $1.01 release 2026-02-11	–	No standard number
The company's words First Quarter 2026 Guidance … Adjusted diluted EPS(1) $0.95 - $1.01 release 2026-02-11
Revenue Q1 of fiscal 2026	Given $2.50B to $2.70B release 2026-02-11	$2.65B 10-Q filed 2026-04-22	Within the range
The company's words First Quarter 2026 Guidance … Net sales $2,500M - $2,700M release 2026-02-11
Free cash flow (company-defined) Fiscal 2025 (ended 2025-12-31)	Given $1.27B to $1.32B release 2025-02-12 Widened $1.25B to $1.35B release 2025-04-23 Raised $1.38B to $1.43B release 2025-07-30 Raised $1.47B to $1.53B release 2025-10-22	–	No standard number
The company's words First Quarter 2025 Guidance(1) … Adjusted free cash flow(3) $1,275M - $1,325M release 2025-02-12 Full Year 2025 Guidance(2) … Adjusted free cash flow(3) $1,250M - $1,350M release 2025-04-23 Full Year 2025 Guidance(2)(4) … Adjusted free cash flow(3) $1,375M - $1,425M release 2025-07-30 Full Year 2025 Guidance(2) … Adjusted free cash flow(3) $1,470M - $1,530M release 2025-10-22
Capital expenditures Fiscal 2025 (ended 2025-12-31)	Given $275.00M release 2025-04-23	$220.00M 10-K filed 2026-02-13	Below the range
The company's words The 2025 forecast for capital expenditures is still expected to be approximately $275 million, or ~3.0% of sales, to support the strong growth trajectory. release 2025-04-23
Operating income (company-defined) Fiscal 2025 (ended 2025-12-31)	Given $1.91B to $1.96B release 2025-02-12 Widened $1.89B to $1.99B release 2025-04-23 Raised $1.95B to $2.03B release 2025-07-30 Raised $2.04B to $2.08B release 2025-10-22	–	No standard number
The company's words First Quarter 2025 Guidance(1) … Adjusted operating profit(2) $1,910M - $1,960M release 2025-02-12 Full Year 2025 Guidance(2) … Adjusted operating profit(1) $1,885M - $1,985M release 2025-04-23 Full Year 2025 Guidance(2)(4) … Adjusted operating profit(1) $1,950M - $2,030M release 2025-07-30 Full Year 2025 Guidance(2) … Adjusted operating profit(1) $2,040M - $2,080M release 2025-10-22
Diluted EPS Fiscal 2025 (ended 2025-12-31)	Given $2.93 to $3.03 release 2025-02-12	$3.41 10-K filed 2026-02-13	Above the range
The company's words Expect full year 2025 diluted EPS of $2.93 to $3.03 and adjusted diluted EPS of $3.50 to $3.60, an increase of 25% (at the midpoint) compared to full year 2024 and consistent with guidance provided at the November investor event release 2025-02-12
Diluted EPS (company-defined) Fiscal 2025 (ended 2025-12-31)	Given $3.50 to $3.60 release 2025-02-12 Widened $3.45 to $3.65 release 2025-04-23 Raised $3.75 to $3.85 release 2025-07-30 Raised $4.07 to $4.13 release 2025-10-22	–	No standard number
The company's words Expect full year 2025 diluted EPS of $2.93 to $3.03 and adjusted diluted EPS of $3.50 to $3.60, an increase of 25% (at the midpoint) compared to full year 2024 and consistent with guidance provided at the November investor event release 2025-02-12 Full Year 2025 Guidance(2) … Adjusted diluted EPS(1) $3.45 - $3.65 release 2025-04-23 Full Year 2025 Guidance(2)(4) … Adjusted diluted EPS(1) $3.75 - $3.85 release 2025-07-30 Full Year 2025 Guidance(2) … Adjusted diluted EPS(1) $4.07 - $4.13 release 2025-10-22
Revenue Fiscal 2025 (ended 2025-12-31)	Given $9.12B to $9.28B release 2025-02-12 Raised $9.32B to $9.57B release 2025-04-23 Raised $9.93B to $10.07B release 2025-07-30 Raised $10.16B to $10.24B release 2025-10-22	$10.23B 10-K filed 2026-02-13	Within the range
The company's words Expect full year 2025 net sales of $9,125 to $9,275 million, ~$75 million (at the midpoint) higher than the 2025 sales guidance provided in November, despite an FX headwind of ~$125 million. release 2025-02-12 Full Year 2025 Guidance(2) … Net sales $9,325M - $9,575M release 2025-04-23 Full Year 2025 Guidance(2)(4) … Net sales $9,925M - $10,075M release 2025-07-30 Full Year 2025 Guidance(2) … Net sales $10,160M - $10,240M release 2025-10-22
Free cash flow (company-defined) Q4 of fiscal 2025	Given $470.00M to $530.00M release 2025-10-22	–	No standard number
The company's words Fourth Quarter 2025 Guidance(2) … Adjusted free cash flow(3) $470M - $530M release 2025-10-22
Operating income (company-defined) Q4 of fiscal 2025	Given $620.00M to $660.00M release 2025-10-22	–	No standard number
The company's words Fourth Quarter 2025 Guidance(2) … Adjusted operating profit(1) $620M - $660M release 2025-10-22
Diluted EPS (company-defined) Q4 of fiscal 2025	Given $1.23 to $1.29 release 2025-10-22	–	No standard number
The company's words Fourth Quarter 2025 Guidance(2) … Adjusted diluted EPS(1) $1.23 - $1.29 release 2025-10-22
Revenue Q4 of fiscal 2025	Given $2.81B to $2.89B release 2025-10-22	$2.88B 10-K filed 2026-02-13	Within the range
The company's words Fourth Quarter 2025 Guidance(2) … Net sales $2,810M - $2,890M release 2025-10-22
Operating income (company-defined) Q3 of fiscal 2025	Given $490.00M to $530.00M release 2025-07-30	–	No standard number
The company's words Third Quarter 2025 Guidance(2)(4) … Adjusted operating profit(1) $490M - $530M release 2025-07-30
Diluted EPS (company-defined) Q3 of fiscal 2025	Given $0.94 to $1.00 release 2025-07-30	–	No standard number
The company's words Third Quarter 2025 Guidance(2)(4) … Adjusted diluted EPS(1) $0.94 - $1.00 release 2025-07-30
Revenue Q3 of fiscal 2025	Given $2.51B to $2.59B release 2025-07-30	$2.68B 10-Q filed 2025-10-22	Above the range
The company's words Third Quarter 2025 Guidance(2)(4) … Net sales $2,510M - $2,590M release 2025-07-30
Operating income (company-defined) Q2 of fiscal 2025	Given $420.00M to $450.00M release 2025-04-23	–	No standard number
The company's words Second Quarter 2025 Guidance(2) … Adjusted operating profit(1) $420M - $450M release 2025-04-23
Diluted EPS (company-defined) Q2 of fiscal 2025	Given $0.77 to $0.85 release 2025-04-23	–	No standard number
The company's words Second Quarter 2025 Guidance(2) … Adjusted diluted EPS(1) $0.77 - $0.85 release 2025-04-23
Revenue Q2 of fiscal 2025	Given $2.33B to $2.38B release 2025-04-23	$2.64B 10-Q filed 2025-07-30	Above the range
The company's words Second Quarter 2025 Guidance(2) … Net sales $2,325M - $2,375M release 2025-04-23
Operating income (company-defined) Q1 of fiscal 2025	Given $315.00M to $335.00M release 2025-02-12	–	No standard number
The company's words First Quarter 2025 Guidance(1) … Adjusted operating profit(2) $315M - $335M release 2025-02-12
Diluted EPS (company-defined) Q1 of fiscal 2025	Given $0.57 to $0.63 release 2025-02-12	–	No standard number
The company's words First Quarter 2025 Guidance(1) … Adjusted diluted EPS(2) $0.57 - $0.63 release 2025-02-12
Revenue Q1 of fiscal 2025	Given $1.90B to $1.95B release 2025-02-12	$2.04B 10-Q filed 2025-04-23	Above the range
The company's words First Quarter 2025 Guidance(1) … Net sales $1,900M - $1,950M release 2025-02-12
Free cash flow (company-defined) Fiscal 2024 (ended 2024-12-31)	Given $800.00M to $850.00M release 2024-02-21 Kept $800.00M to $850.00M release 2024-04-24 Raised $850.00M to $900.00M release 2024-07-24 Raised $975.00M to $1.02B release 2024-10-23	–	No standard number
The company's words First Quarter 2024 Guidance … Adjusted free cash flow(2) $800M - $850M release 2024-02-21 Full Year 2024 Guidance … Adjusted free cash flow(2) $800M - $850M release 2024-04-24 Full Year 2024 Guidance … Adjusted free cash flow(2) $850M - $900M release 2024-07-24 Full Year 2024 Guidance … Adjusted free cash flow(2) $975M - $1,025M release 2024-10-23
Capital expenditures Fiscal 2024 (ended 2024-12-31)	Given $175.00M to $200.00M release 2024-02-21 Kept $175.00M to $200.00M release 2024-10-23	$167.00M 10-K filed 2025-02-18	Below the range
The company's words Full Year and First Quarter 2024 Guidance … Additionally, we are increasing our capital expenditures plan for 2024 to $175 to $200 million to support the growth trajectory. release 2024-02-21 The 2024 forecast for capital expenditures remains $175 million to $200 million. release 2024-10-23
Operating income Fiscal 2024 (ended 2024-12-31)	Given $1.09B to $1.15B release 2024-02-21 Raised $1.15B to $1.20B release 2024-04-24	$1.37B 10-K filed 2025-02-18	Above the range
The company's words Vertiv Reports Strong Fourth Quarter Results and Provides Full Year 2024 Outlook … Expect full year 2024 net sales growth of 10%, operating profit of $1,095 to $1,145 million and adjusted operating profit of $1,275 to $1,325 million, a 23% increase at the mid-point compared to full year 2023 release 2024-02-21 Raising full year 2024 guidance, expect net sales growth of 12% at the midpoint, operating profit of $1,150 to $1,200 million and adjusted operating profit of $1,325 to $1,375 million, a 28% increase at the midpoint compared to full year 2023 release 2024-04-24
Operating income (company-defined) Fiscal 2024 (ended 2024-12-31)	Given $1.27B to $1.32B release 2024-02-21 Raised $1.32B to $1.38B release 2024-04-24 Raised $1.41B to $1.46B release 2024-07-24 Raised $1.48B to $1.50B release 2024-10-23	–	No standard number
The company's words Vertiv Reports Strong Fourth Quarter Results and Provides Full Year 2024 Outlook … Expect full year 2024 net sales growth of 10%, operating profit of $1,095 to $1,145 million and adjusted operating profit of $1,275 to $1,325 million, a 23% increase at the mid-point compared to full year 2023 release 2024-02-21 Updates Full Year 2024 Outlook … Raising full year 2024 guidance, expect net sales growth of 12% at the midpoint, operating profit of $1,150 to $1,200 million and adjusted operating profit of $1,325 to $1,375 million, a 28% increase at the midpoint compared to full year 2023 release 2024-04-24 Full Year 2024 Guidance … Adjusted operating profit(1) $1,410M - $1,460M release 2024-07-24 Full Year 2024 Guidance … Adjusted operating profit(1) $1,475M - $1,495M release 2024-10-23
Diluted EPS (company-defined) Fiscal 2024 (ended 2024-12-31)	Given $2.20 to $2.26 release 2024-02-21 Raised $2.29 to $2.35 release 2024-04-24 Raised $2.47 to $2.53 release 2024-07-24 Raised $2.66 to $2.70 release 2024-10-23	–	No standard number
The company's words First Quarter 2024 Guidance … Adjusted diluted EPS(1) $2.20 - $2.26 release 2024-02-21 Full Year 2024 Guidance … Adjusted diluted EPS(1) $2.29 - $2.35 release 2024-04-24 Full Year 2024 Guidance … Adjusted diluted EPS(1) $2.47 - $2.53 release 2024-07-24 Full Year 2024 Guidance … Adjusted diluted EPS(1) $2.66 - $2.70 release 2024-10-23
Revenue Fiscal 2024 (ended 2024-12-31)	Given $7.51B to $7.66B release 2024-02-21 Raised $7.54B to $7.69B release 2024-04-24 Raised $7.59B to $7.74B release 2024-07-24 Raised $7.78B to $7.83B release 2024-10-23	$8.01B 10-K filed 2025-02-18	Above the range
The company's words First Quarter 2024 Guidance … Net sales $7,515M - $7,655M release 2024-02-21 Full Year 2024 Guidance … Net sales $7,540M - $7,690M release 2024-04-24 Full Year 2024 Guidance … Net sales $7,590M - $7,740M release 2024-07-24 Full Year 2024 Guidance … Net sales $7,780M - $7,830M release 2024-10-23
Operating income (company-defined) Q4 of fiscal 2024	Given $427.00M to $447.00M release 2024-10-23	–	No standard number
The company's words Fourth Quarter 2024 Guidance … Adjusted operating profit(1) $427M - $447M release 2024-10-23
Diluted EPS (company-defined) Q4 of fiscal 2024	Given $0.80 to $0.84 release 2024-10-23	–	No standard number
The company's words Fourth Quarter 2024 Guidance … Adjusted diluted EPS(1) $0.80 - $0.84 release 2024-10-23
Revenue Q4 of fiscal 2024	Given $2.12B to $2.17B release 2024-10-23	$2.35B 10-K filed 2025-02-18	Above the range
The company's words Fourth Quarter 2024 Guidance … Net sales $2,115M - $2,165M release 2024-10-23
Operating income (company-defined) Q3 of fiscal 2024	Given $375.00M to $395.00M release 2024-07-24	–	No standard number
The company's words Third Quarter 2024 Guidance … Adjusted operating profit(1) $375M - $395M release 2024-07-24
Diluted EPS (company-defined) Q3 of fiscal 2024	Given $0.65 to $0.69 release 2024-07-24	–	No standard number
The company's words Third Quarter 2024 Guidance … Adjusted diluted EPS(1) $0.65 - $0.69 release 2024-07-24
Revenue Q3 of fiscal 2024	Given $1.94B to $1.99B release 2024-07-24	$2.07B 10-Q filed 2024-10-25	Above the range
The company's words Third Quarter 2024 Guidance … Net sales $1,935M - $1,985M release 2024-07-24
Operating income (company-defined) Q2 of fiscal 2024	Given $315.00M to $335.00M release 2024-04-24	–	No standard number
The company's words Second Quarter 2024 Guidance … Adjusted operating profit(1) $315M - $335M release 2024-04-24
Diluted EPS (company-defined) Q2 of fiscal 2024	Given $0.53 to $0.57 release 2024-04-24	–	No standard number
The company's words Second Quarter 2024 Guidance … Adjusted diluted EPS(1) $0.53 - $0.57 release 2024-04-24
Revenue Q2 of fiscal 2024	Given $1.90B to $1.95B release 2024-04-24	$1.95B 10-Q filed 2024-07-26	Above the range
The company's words Second Quarter 2024 Guidance … Net sales $1,900M - $1,950M release 2024-04-24
Operating income (company-defined) Q1 of fiscal 2024	Given $200.00M to $220.00M release 2024-02-21	–	No standard number
The company's words First Quarter 2024 Guidance … Adjusted operating profit(1) $200M - $220M release 2024-02-21
Diluted EPS (company-defined) Q1 of fiscal 2024	Given $0.32 to $0.36 release 2024-02-21	–	No standard number
The company's words First Quarter 2024 Guidance … Adjusted diluted EPS(1) $0.32 - $0.36 release 2024-02-21
Revenue Q1 of fiscal 2024	Given $1.57B to $1.62B release 2024-02-21	$1.64B 10-Q filed 2024-04-26	Above the range
The company's words First Quarter 2024 Guidance … Net sales $1,575M - $1,625M release 2024-02-21

Targets are read from the sentences of the EX-99 exhibits of 8-K item 2.02 filings (12 releases since 2024-02-21), without AI; in outlook tables only the first column is read. The result compares the reported number with the last range given before the period was reported. Results come from SEC's XBRL company facts, as first reported. A company's target can use its own definition (META's capital expenditures include finance lease payments, for example), so read the quote.

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