Vertiv Holdings Co (VRT) Stock: Plunges 10% Despite Strong Q2 Growth and Raised Guidance
TLDR
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Vertiv shares plunged 10% pre-market despite strong second-quarter results.
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Second-quarter revenue rose 24% to $3.27 billion as data center demand grew.
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Adjusted operating profit jumped 51% as margins expanded by 410 basis points.
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Adjusted free cash flow climbed 234% to $925 million in the second quarter.
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Vertiv raised its 2026 sales, earnings, margin, and free cash flow guidance.
Vertiv Holdings Co (NYSE: VRT) stock plunged 10.01% in pre-market trading to $242.50 after Tuesday’s sharp decline. The stock closed the previous session 6.27% lower at $269.56 despite strong quarterly results. Vertiv reported higher revenue, wider margins, stronger cash flow, and raised its full-year 2026 guidance.
Vertiv Reports Strong Second-Quarter Revenue Growth
Vertiv generated second-quarter net sales of $3.27 billion, up 24% from the same period last year. Organic sales increased 18%, while acquisitions added 5% and currency movements contributed another 1%. However, supply congestion and larger multi-stage projects caused minor revenue timing shifts.
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