Vertiv Surges 16% After Q3 Revenue Jumps 61% and Orders More Than Double on AI Demand

Vertiv Holdings reported blowout third-quarter results on October 28, sending its shares up roughly 16% in premarket trading from a prior close of $208.56 to around $242.20. The data center infrastructure company posted Q3 net sales of $4.31 billion, a 61% increase from the same period a year earlier, driven by 55% organic sales growth with the Americas region alone up 75%. Organic orders grew more than 100% year over year, confirming that AI-driven data center construction is accelerating faster than many on Wall Street had anticipated.

Earnings came in sharply higher as well. Diluted EPS grew 91% to $1.95, while adjusted diluted EPS rose 78% to $2.21. Adjusted operating margin expanded 290 basis points to 25.2%, reflecting strong operational leverage and pricing discipline. Adjusted free cash flow reached $652 million, up 50% from the prior-year quarter.

On the strength of those results, Vertiv raised its full-year 2026 guidance across all key metrics. The company now targets full-year net sales of $14.65 billion at the midpoint, implying 38% organic growth versus 2025, up from prior guidance of $13.5 to $14.0 billion. Full-year adjusted diluted EPS guidance was lifted to $7.15 at the midpoint, a 70% increase over 2025, compared with prior guidance of $6.30 to $6.40. For the fourth quarter, Vertiv guided to net sales of $4.41 billion and adjusted diluted EPS of $2.25, each at the midpoint, representing roughly 50% and 65% year-over-year growth, respectively.