Vertiv Holdings Co is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: VRT delivered exceptional Q1 FY2026 results with revenue surging 30.1% YoY to $2.65B and net income more than doubling (+137.1%) to $390.1M, driven by strong operating leverage and robust cash generation.
Drawn from management commentary in the Q1 2026 10-Q:
VRT grew revenue by 30.1% YoY to $2.65B in Q1 FY2026, up from $2.04B in the prior-year period, reflecting continued strong demand for its products and solutions. This top-line momentum significantly outpaced cost of revenue growth of 22.3%, indicating improving operational efficiency.
Operating income jumped 51.4% YoY to $440.1M, with operating margin expanding approximately 230 basis points to 16.6% from 14.3% in the prior year. This demonstrates that revenue growth is translating effectively into bottom-line profitability despite SG&A expenses rising 31.9% to $456.7M.
Net income surged 137.1% YoY to $390.1M from $164.5M, with diluted EPS rising 135.7% to $0.99 from $0.42. The outsized net income growth relative to operating income growth suggests meaningful improvement in below-the-line items such as interest expense or tax efficiency.
Revenue
$2.65B
++30.13% YoY
EPS (Basic)
$1.02
++137.21% YoY
Operating Income
$440.1M
++51.39% YoY
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