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VRT Stock Rises as Vertiv Reports 61% Revenue Growth
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Vertiv Holdings Co. reported strong third-quarter 2026 results, with net sales rising 61% year over year to $4.31 billion. The company also reported a 90% increase in operating profit and a 91% jump in diluted earnings per share (EPS) to $1.95. Adjusted diluted EPS grew 78% to $2.21, while adjusted operating margin increased to 25.2%, up 2.9 percentage points from the same quarter last year. Vertiv expects fourth-quarter 2026 net sales of $4.41 billion and adjusted diluted EPS of $2.25 at the midpoint of its guidance. The company also raised its full-year 2026 outlook, projecting net sales of $14.65 billion and adjusted diluted EPS of $7.15. The updated guidance reflects continued growth in revenue and earnings.
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