Vertiv: power and cooling for every AI rack, with less of the order book on show
Sales up 61%, organic orders more than doubled and guidance raised, with net cash and the shares near half their high. Bullish, at medium conviction: Vertiv has stopped sharing orders and inventory has doubled.
Q3 2026: net sales $4.31B (+61%, +55% organic); adjusted operating margin 25.2%.
Organic orders up more than 100%; orders data no longer to be shared.
ai-infrastructurepowercooling
Vertiv Holdings