Vertiv Holdings Co
For the period ended Sep 30, 2025. Filed Oct 22, 2025.
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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, 2025 · Filed Oct 22, 2025
VRT$200.47+9.6%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,396.0 | $1,227.6 |
| Short-term investments | 544.6 | — |
| Accounts receivable, less allowances of $25.3 and $22.4, respectively | 2,810.7 | 2,362.7 |
| Inventories | 1,437.1 | 1,244.4 |
| Other current assets | 360.8 | 267.1 |
| Total current assets | 6,549.2 | 5,101.8 |
| Property, plant and equipment, net | 698.0 | 625.1 |
| Other assets: | ||
| Goodwill | 1,444.2 | 1,321.1 |
| Other intangible assets, net | 1,507.8 | 1,487.1 |
| Deferred income taxes | 258.5 | 303.3 |
| Right-of-use assets, net | 283.7 | 202.1 |
| Other | 74.9 | 92.0 |
| Total other assets | 3,569.1 | 3,405.6 |
| Total assets | $10,816.3 | $9,132.5 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $20.9 | $21.0 |
| Accounts payable | 1,718.9 | 1,316.4 |
| Deferred revenue | 1,131.9 | 1,063.3 |
| Accrued expenses and other liabilities | 681.4 | 612.6 |
| Income taxes | 23.7 | 83.7 |
| Total current liabilities | 3,576.8 | 3,097.0 |
| Long-term debt, net | 2,897.6 | 2,907.2 |
| Deferred income taxes | 285.1 | 240.3 |
| Long-term lease liabilities | 231.4 | 171.4 |
| Other long-term liabilities | 316.7 | 282.3 |
| Total liabilities | 7,307.6 | 6,698.2 |
| Equity | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding | — | — |
| Common stock, $0.0001 par value, 700,000,000 shares authorized, 382,258,808 and 380,703,974 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively | — | — |
| Additional paid-in capital | 2,883.2 | 2,821.4 |
| Retained earnings | 606.3 | (238.3) |
| Accumulated other comprehensive income (loss) | 19.2 | (148.8) |
| Total equity | 3,508.7 | 2,434.3 |
| Total liabilities and equity | $10,816.3 | $9,132.5 |
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