VRTHIGH SIGNALOPPORTUNITY10-K

VRT delivered exceptional financial performance with net income surging 169% to $1.3B while significantly strengthening its balance sheet and cash generation capabilities.

This represents a dramatic acceleration in profitability and operational efficiency, with the company nearly tripling its net income while substantially improving cash flow generation. The strong performance likely reflects successful execution on AI and data center infrastructure demand, positioning VRT as a key beneficiary of the digital transformation trend.

Comparing 2026-02-13 vs 2025-02-18View on EDGAR →
FINANCIAL ANALYSIS

VRT demonstrated exceptional financial performance across all key metrics, with net income skyrocketing 169% to $1.3B driven by 34% operating income growth and a 43% reduction in interest expense. The company significantly strengthened its financial position with stockholders' equity growing 62% to $3.9B, cash increasing 41% to $1.7B, and operating cash flow surging 60% to $2.1B, though current liabilities also rose 42% reflecting business expansion. This comprehensive financial strength across profitability, liquidity, and cash generation signals robust operational execution and positions the company well for continued growth in the critical digital infrastructure market.

FINANCIAL STATEMENT CHANGES
Net Income
P&L
+168.8%
$495.8M$1.3B

Net income grew 168.8% — bottom-line growth signals improving overall business health.

Stockholders Equity
Balance Sheet
+61.9%
$2.4B$3.9B

Equity base grew 61.9% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Operating Cash Flow
Cash Flow
+60.2%
$1.3B$2.1B

Operating cash flow surged 60.2% — exceptional cash generation, highest quality earnings signal.

Dividends Paid
Cash Flow
+57.8%
$42.2M$66.6M

Dividend payments increased 57.8% — management confidence in sustained cash generation.

Interest Expense
P&L
-42.8%
$150.4M$86.1M

Interest expense declined — debt repayment or refinancing at lower rates improving earnings quality.

Current Liabilities
Balance Sheet
+42.3%
$3.1B$4.4B

Current liabilities surged 42.3% — significant near-term obligations; verify ability to meet short-term debt.

Cash & Equivalents
Balance Sheet
+40.8%
$1.2B$1.7B

Cash position surged 40.8% — strong cash generation or capital raise providing significant financial cushion.

Operating Income
P&L
+33.8%
$1.4B$1.8B

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Total Assets
Balance Sheet
+33.7%
$9.1B$12.2B

Asset base grew 33.7% — expansion through organic growth, acquisitions, or capital deployment.

Current Assets
Balance Sheet
+33.7%
$5.1B$6.8B

Current assets grew 33.7% — improving short-term liquidity or inventory/receivables build.

LANGUAGE CHANGES
NEW — 2026-02-13
PRIOR — 2025-02-18
ADDED
Business Overview Vertiv is a global leader in critical digital infrastructure for applications in data centers, communication networks, and commercial and industrial environments.
As businesses, industries, and communities become more connected, we pioneer and deliver end-to-end power and cooling technologies to help our customers stay resilient, optimized, and future-ready.
With our industry-leading innovative technologies and global services network, we are fueling the revolution of the digital world keeping technology ecosystems running efficiently and without interruption.
We believe that Vertiv is supercharging data s potential; accelerating the pace of technology, raising the bar for accelerated compute and redefining the limits of densification.
Our Business Vertiv has the most complete portfolio of critical digital infrastructure offerings.
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REMOVED
Business Overview Vertiv is a global leader in the design, manufacturing and servicing of critical digital infrastructure for data centers, communication networks, and commercial and industrial environments.
Our customers operate in some of the world's most critical and growing industries, including cloud services, financial services, healthcare, transportation, manufacturing, energy, education, government, social media, and retail.
Driven by passion and innovation, Vertiv believes there is a better way to meet the world s accelerating demand for data, including the impact of emerging technologies such as artificial intelligence.
We collaborate with our customers to envision and build future-ready infrastructures.
Our portfolio of hardware, software, analytics and services aim to enable our customers' vital applications to run continuously, perform optimally and scale with business needs.
+7 more — sign up free →
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