Quarterly ResultJul 29, 2026, 04:14 PM
Vertiv Q2 2026 Net Sales $3.27B, Net Income $497.8M; Refinances Debt
AI Summary
Vertiv Holdings Co reported strong financial results for Q2 2026, with net sales increasing to $3.27 billion and net income reaching $497.8 million. The company also completed significant debt refinancing, issuing $2.1 billion in new Senior Notes and establishing a new $2.5 billion Senior Unsecured Revolving Credit Facility, while repaying its Term Loan. Additionally, Vertiv finalized several acquisitions, including PurgeRite and three other companies, expanding its technology and market presence.
Key Highlights
- Q2 2026 Net Sales increased 24.1% to $3,274.3 million.
- Q2 2026 Net Income rose 53.5% to $497.8 million.
- Diluted EPS for Q2 2026 was $1.27, up 53.0% YoY.
- Issued $2.1 billion in new Senior Notes and repaid Term Loan.
- Established a new $2.5 billion Senior Unsecured Revolving Credit Facility.
- Completed PurgeRite acquisition for $1,138.3 million.
- Acquired three other businesses for $331.8 million.
- H1 2026 operating cash flow was $1,866.6 million, up from $626.2 million.
Price Impact
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