Vertiv Holdings Co
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
View on SEC.govAbout 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.
Sep 30, 2026 · Filed Oct 28, 2026
Contents
Condensed Consolidated Statementsof Shareholders’ Equity (Deficit)
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)
| Common Share Capital | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total | |
| Balance at December 31, 2025 | 382,553,680 | $— | $2,895.2 | $1,027.9 | $18.2 | $3,941.3 |
| Net income (loss) | — | — | — | 390.1 | — | 390.1 |
| Exercise of employee stock options | 1,268,993 | — | 23.5 | — | — | 23.5 |
| Stock-based compensation activity, net of shares withheld for tax(1) | 114,813 | — | 5.4 | — | — | 5.4 |
| Employee 401K match with Vertiv stock | 16,625 | — | 2.9 | — | — | 2.9 |
| Dividend | — | — | — | (23.9) | — | (23.9) |
| Other comprehensive income (loss), net of tax | — | — | — | — | (94.4) | (94.4) |
| Balance at March 31, 2026 | 383,954,111 | $— | $2,927.0 | $1,394.1 | $(76.2) | $4,244.9 |
| Net income (loss) | — | — | — | 497.8 | — | 497.8 |
| Exercise of employee stock options | 874,850 | — | 20.6 | — | — | 20.6 |
| Stock-based compensation activity, net of shares withheld for tax(2) | 91,824 | — | 2.2 | — | — | 2.2 |
| Employee 401K match with Vertiv stock | 16,200 | — | 5.0 | — | — | 5.0 |
| Dividend | — | — | — | (23.9) | — | (23.9) |
| Other comprehensive income (loss), net of tax | — | — | — | — | 11.0 | 11.0 |
| Balance at June 30, 2026 | 384,936,985 | $— | $2,954.8 | $1,868.0 | $(65.2) | $4,757.6 |
| Net income (loss) | — | — | — | 764.5 | — | 764.5 |
| Exercise of employee stock options | 36,442 | — | 0.8 | — | — | 0.8 |
| Stock-based compensation activity, net of shares withheld for tax(3) | 42,052 | — | 15.4 | — | — | 15.4 |
| Employee 401K match with Vertiv stock | 12,394 | — | 3.9 | — | — | 3.9 |
| Dividend | — | — | — | (24.0) | — | (24.0) |
| Other comprehensive income (loss), net of tax | — | — | — | — | (16.2) | (16.2) |
| Balance at September 30, 2026 | 385,027,873 | $— | $2,974.9 | $2,608.5 | $(81.4) | $5,502.0 |
(1)Net stock compensation activity includes 159,335 vested shares offset by 44,522 shares withheld for taxes valued at $11.6 and stock-based compensation of $17.0.
(2)Net stock compensation activity includes 124,165 vested shares offset by 32,341 shares withheld for taxes valued at $11.6 and stock-based compensation of $13.8.
(3)Net stock compensation activity includes 55,582 vested shares offset by 13,530 shares withheld for taxes valued at $4.3 and stock-based compensation of $19.7.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)
| Common Share Capital | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Total | |||||||||||
| 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 withholding for tax(1) | 169,340 | — | 4.5 | — | — | 4.5 | |||||
| Employee 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 | |||||
| Net income (loss) | — | — | 324.2 | — | 324.2 | ||||||
| Exercise of employee stock options | 733,437 | — | 11.7 | — | — | 11.7 | |||||
| Stock-based compensation activity, net of withholding for tax(2) | 7,784 | — | 13.0 | — | — | 13.0 | |||||
| Employee 401K match with Vertiv stock | 61,463 | — | 3.9 | — | — | 3.9 | |||||
| Dividend | — | — | — | (14.2) | — | (14.2) | |||||
| Other comprehensive income (loss), net of tax | — | — | — | — | 120.4 | 120.4 | |||||
| Balance at June 30, 2025 | 381,803,828 | $— | $2,858.2 | $222.0 | $45.2 | $3,125.4 | |||||
| Net income (loss) | — | — | — | 398.5 | — | 398.5 | |||||
| Exercise of employee stock options | 415,849 | — | 9.0 | — | — | 9.0 | |||||
| Stock-based compensation, net of shares withheld for tax(3) | 16,106 | — | 13.2 | — | — | 13.2 | |||||
| Employee 401K match with Vertiv stock | 23,025 | — | 2.8 | — | — | 2.8 | |||||
| Dividend | — | — | — | (14.2) | — | (14.2) | |||||
| Other comprehensive income (loss), net of tax | — | — | — | — | (26.0) | (26.0) | |||||
| Balance at September 30, 2025 | 382,258,808 | $— | $2,883.2 | $606.3 | $19.2 | $3,508.7 | |||||
(1)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.
(2)Net stock compensation activity includes 12,562 vested shares offset by 4,778 shares withheld for taxes valued at $0.3 and stock-based compensation of $13.3.
(3)Net stock compensation activity includes 24,519 vested shares offset by 8,413 shares withheld for taxes valued at $1.0 and stock-based compensation of $14.2.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.