Vertiv significantly outperformed expectations in the third quarter of 2026, delivering broad-based growth across all regions as AI-driven infrastructure demand accelerated. The company reported record organic order growth and expanded adjusted operating margins by 290 basis points to 25.2%.
Key Highlights
- Organic net sales grew 55% year-over-year, far exceeding the projected 35%, driven by a 75% increase in the Americas segment.
- Organic orders increased by over 100% compared to the prior year, highlighting massive visibility into the multi-year data center buildout cycle.
- Management raised full-year 2026 net sales guidance by $650 million to a midpoint of $14.65 billion and increased the adjusted EPS outlook to $7.15.
- Adjusted free cash flow reached $652 million, up 50% year-over-year, even as capital expenditures rose to support capacity expansion.