Data center power and cooling company Vertiv reported mixed results for the second quarter of 2026.
The company beat earnings expectations, but missed Wall Street expectations on net sales. Vertiv, which blamed the miss on timing shifts, saw shares drop by as much as 17 percent before making single-digit gains.
– Sebastian Moss
For the second quarter, Vertiv reported net sales of $3.27 billion and adjusted operating profit of $738.4 million, up 51 percent. Operating cash flow hit $1.1 billion and adjusted free cash flow $925.3 million, up 241 percent and 234 percent. The company ended the quarter with $5.6 billion of liquidity.
Vertiv also increased its future guidance, with full-year net sales of $13.8bn to $14.2bn, adjusted operating profit of $3.285bn to $3.365bn, adjusted EPS of $6.65 to $6.75, and adjusted free cash flow of $2.4bn to $2.6bn. Third-quarter revenue is expected to be $3.65bn to $3.85bn.
