Economy

Columbus-based Vertiv posts 61% sales jump in third quarter, raises full-year outlook

Columbus, Ohio • October 28, 2026 • By Press Pass USA

Editorial illustration: a modern data center hall with rows of server racks

Editorial illustration — Press Pass USA

Columbus-based Vertiv reported a sharp jump in third-quarter results Wednesday, with net sales up 61% from a year earlier, and raised its full-year 2026 guidance as demand for data-center infrastructure keeps climbing.

Net sales reached $4,313 million in the quarter, the company said, with organic orders growth above 100%. Operating profit rose 90% and adjusted operating profit 83%, for an adjusted operating margin of 25.2%, up 290 basis points from a year earlier. Diluted earnings per share grew 91% to $1.95, and adjusted diluted earnings per share grew 78% to $2.21. Operating cash flow was $794 million and adjusted free cash flow $652 million.

For the full year, Vertiv now expects net sales of $14,650 million at the midpoint, with organic sales growth of 38%. For the fourth quarter, it expects net sales of $4,413 million and diluted earnings per share of $2.08 at the midpoint. The company designs power, cooling and IT infrastructure for data centers, communication networks and commercial and industrial facilities — a market riding the buildout of computing capacity for artificial intelligence.

Sources: Vertiv Holdings Co., third-quarter 2026 results via PR Newswire / Morningstar (Oct 28, 2026).