Strong Q4 results
Vertiv reported earnings per share of $1.36 in Q4, a 37 % increase from last year. Revenue rose 22.6% to $2.88 billion. Analysts had expected $1.29 per share and $2.875 billion in revenue. The company also exceeded its own guidance, which had forecast revenue between $2.81 billion and $2.89 billion and earnings per share between $1.23 and $1.29. Vertiv’s order backlog reached $15 billion by the end of the quarter, up 109% from a year ago and sharply higher than $9.5 billion in the previous quarter. CEO Giordano Albertazzi said the results show Vertiv’s strong position in the growing data center market. He added that partnerships with chip makers allow the company to anticipate customer needs early. The large backlog gives clear visibility for 2026 growth.
2026 predictions
Vertiv expects revenue of $13.25 billion to $13.75 billion in 2026, with organic growth of 27–29% over 2025. Earnings per share are projected at $5.97 to $6.07, around 43% higher than the previous year. These projections are above Wall Street estimates, which predict $5.33 per share in earnings and $12.45 billion in revenue. Vertiv shares have already risen over 23% in 2026 after gaining 42.6% in 2025.
About Vertiv
Vertiv, based in Columbus, Ohio, builds cooling systems, power supply units, and server racks for AI data centers. It also provides services for industries like healthcare, finance, and manufacturing. In October 2025, Vertiv announced an expanded partnership with Nvidia. It plans to launch 800-volt direct current power systems in late 2026 to support Nvidia’s Rubin Ultra GPUs and AI racks set for 2027. Nvidia has said data centers are moving toward 800-volt DC power instead of traditional AC power. Vertiv has shown steady growth over the past eight quarters. In Q3, earnings rose 63% to $1.24 per share, and revenue grew 29% to $2.7 billion. Investors are optimistic because the company beat earnings expectations, has a strong order backlog, high AI demand, and a growing partnership with Nvidia.
