Americas Region Leads Segment Revenue and Profit Growth
Americas segment net sales rose 29.2% year-over-year to $2,070.8M in Q2 FY2026, while segment operating profit surged 48.6% to $571.4M with segment margin expanding from 24.0% to 27.6%, driven by higher volume in products and services and operating leverage.
Strong Growth in Asia Pacific Contrast with EMEA Demands
Asia Pacific segment net sales grew 28.5% year-over-year to $719.9M in Q2 FY2026 with operating profit increasing 61.5% to $95.6M. Conversely, Europe, Middle East & Africa (EMEA) net sales grew just 1.7% to $483.6M in Q2 FY2026 and fell 8.4% year-over-year for the first six months to $805.0M due to softer Q1 market demand.
Aggressive Capacity Expansion for AI Demand
Vertiv invested $285.9M in capital expenditures (including capitalized software) during the first six months of FY2026, a 250.8% YoY increase. Management expects full-year 2026 capital expenditures of $550.0M to $570.0M to expand global capacity and meet surging AI and high-performance computing demand.