Shares of Vertiv Holdings (NYSE:VRT) jumped roughly 15% in premarket trading on Wednesday after the company issued stronger-than-expected forecasts for both the current quarter and full-year 2026.
In the fourth quarter of 2025, Vertiv reported earnings per share of $1.14, falling short of the $1.30 consensus estimate. Revenue increased 23% year over year to $2.88 billion, broadly matching expectations of $2.89 billion.
Adjusted operating profit climbed 33% compared with the same period a year earlier, while adjusted operating margin improved by 170 basis points to 23.2%.
The company generated operating cash flow of $1.01 billion during the quarter, and adjusted free cash flow reached $910 million — up 136% and 151%, respectively, from the prior-year period.
Looking ahead, Vertiv projected fiscal 2026 earnings per share in a range of $5.97 to $6.07, well above the $5.33 consensus estimate. Full-year revenue is expected to come in between $13.25 billion and $13.75 billion, compared with market forecasts of $12.39 billion.
Organic sales growth for the year is forecast at 27% to 29%. The company expects adjusted operating profit of $2.98 billion to $3.10 billion, with an adjusted operating margin between 22.0% and 23.0%.
For the first quarter of fiscal 2026, Vertiv guided for EPS of $0.95 to $1.01, roughly in line with consensus expectations of $0.96. Revenue is projected in the range of $2.5 billion to $2.7 billion, versus estimates of $2.56 billion.
First-quarter organic net sales growth is anticipated at 18% to 26%.
Vertiv also expects adjusted operating profit of $475 million to $515 million for the quarter, with an adjusted operating margin ranging from 8.5% to 19.5%.