Vertiv Holdings Co

For the period ended Mar 31, 2025. Filed Apr 23, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 23, 2025

VRT$200.47+9.6%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Changes in Shareholders’ Equity (Deficit)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)

Common Share Capital · Treasury Share Capital
Shares · Amount · Treasury Stock · Amount · Additional Paid in Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total
Balance at December 31, 2023	381,788,876	$—		—		$—		$2,711.3		$(691.9)		$(4.5)		$2,014.9
Net income (loss)	—		—		—		—		—		(5.9)		—		(5.9)
Exercise of employee stock options	1,109,113		—		—		—		14.4		—		—		14.4
Stock-based compensation, net of withholding for tax(1)	102,833		—		—		—		17.3		—		—		17.3
Employee 401K match with Vertiv stock	44,968		—		—		—		2.2		—		—		2.2
Dividend	—		—		—		—		—		(9.3)		—		(9.3)
Repurchase of common stock	(9,076,444)		—		9,076,444		(605.9)		—		—		—		(605.9)
Other comprehensive income (loss), net of tax	—		—		—		—		—		—		(34.3)		(34.3)
Balance at March 31, 2024	373,969,346		$—		9,076,444		$(605.9)		$2,745.2		$(707.1)		$(38.8)		$1,393.4
Balance at December 31, 2024	380,703,974		$—		—		$—		$2,821.4		$(238.3)		$(148.8)		$2,434.3
Net income (loss)	—		—		—		—			164.5		—		164.5
Exercise of employee stock options	109,017		—		—		—		1.3		—		—		1.3
Stock-based compensation activity, net of shares withheld for tax(2)	169,340		—		—		—		4.5		—		—		4.5
401K match with Vertiv stock	18,813		—		—		—		2.4		—		—		2.4
Dividend	—		—		—		—		—		(14.2)		—		(14.2)
Other comprehensive income (loss), net of tax	—		—		—		—		—		—		73.6		73.6
Balance at March 31, 2025	381,001,144		$—		—		$—		$2,829.6		$(88.0)		$(75.2)		$2,666.4

(1)Net stock compensation activity includes 146,095 vested shares offset by 43,262 shares withheld for taxes valued at $3.0, stock-based compensation of $9.2, and employee incentive compensation of $11.1 awarded in fully vested shares.

(2)Net stock compensation activity includes 239,098 vested shares offset by 69,758 shares withheld for taxes valued at $6.7 and stock-based compensation of $11.2.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.