Vertiv lifts outlook as Q3 net sales jump 61%, AI infrastructure orders more than double

Vertiv reported third-quarter 2026 net sales of $4.313 billion, up 61% year over year, with organic growth contributing 55 percentage points and acquisitions about 6 points. Adjusted diluted EPS rose 78% to $2.21, about 21% above consensus.

Organic orders grew more than 100% year over year in the quarter. Americas sales increased 74.5%, Asia Pacific 49.9%, and Europe, the Middle East and Africa 22.8%. Adjusted operating margin was 25.2%, up 290 basis points year over year.

The company raised its full-year 2026 net sales guidance midpoint to $14.65 billion, in a range of $14.45 billion to $14.85 billion, implying organic growth of about 38%. The adjusted EPS midpoint was lifted to $7.15, in a range of $7.10 to $7.20, up about 70% year over year. For the fourth quarter, Vertiv expects net sales of $4.313 billion to $4.513 billion and organic growth of 49% to 51%.

Vertiv shares rose more than 15% in pre-market trading. Chief Executive Officer Giordano Albertazzi said the company is in the largest infrastructure build-out wave in history and that the wave is still accelerating.