Vertiv Holdings Co
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 13, 2026
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15: Earnings (loss) per share
Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period increased by the number of additional shares that would have been outstanding related to potentially dilutive equity-based compensation and warrants.
The details of the earnings (loss) per share calculations for the years ended December 31, 2025, 2024, and 2023 are as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share and per share amounts) | 2025 | 2024 | 2023 |
| Net income (loss) | $1,332.8 | $495.8 | $460.2 |
| Weighted-average number of shares outstanding - basic | 381,712,181 | 376,418,933 | 380,144,059 |
| Dilutive effect of equity-based compensation | $8,940,643 | $9,906,125 | $6,082,208 |
| Weighted-average number of shares outstanding - diluted | 390,652,824 | 386,325,058 | 386,226,267 |
| Earnings (loss) per share | |||
| Basic | 3.49 | 1.32 | 1.21 |
| Diluted | 3.41 | 1.28 | 1.19 |
The dilutive effect of stock awards was 8.9 million for the year ended December 31, 2025. Anti-dilutive outstanding stock awards were insignificant for the year ended December 31, 2025.
The dilutive effect of stock awards was 9.9 million shares for the year ended December 31, 2024. Additionally,1.1 million stock awards and 4.3 million warrants were also outstanding during the year ended December 31, 2024, but were not included in the computation of diluted earnings per common share because the effect would be anti-dilutive.
The dilutive effect of stock awards was 6.1 million for the year ended December 31, 2023. Additionally,0.3 million stock awards and 3.2 million warrants were also outstanding during the year ended December 31, 2023, but were not included in the computation of diluted earnings per common share because the effect would be anti-dilutive.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.