Vertiv Posts 61% Sales Growth, Raises Outlook

Vertiv shares rose more than 12% in premarket trading after the data-center infrastructure maker reported third-quarter revenue of $4.313 billion, up about 61% year over year, and adjusted earnings of $2.21 per share, beating analyst expectations. Organic orders more than doubled, while adjusted operating margin expanded 290 basis points to 25.2%, reflecting strong demand for data-center power and cooling equipment and improved profitability. The company raised its 2026 outlook, forecasting adjusted earnings of $7.10 to $7.20 per share and revenue of $14.45 billion to $14.85 billion. Vertiv also projected fourth-quarter revenue of $4.313 billion to $4.513 billion and adjusted earnings per share of $2.22 to $2.28.