Vertiv Holdings Co Q2 2025 Earnings Recap

Vertiv delivered a robust Q2 2025 performance with a 34% organic sales growth, surpassing $3 billion in orders for the quarter, and significantly raising its full-year guidance amid a strong backlog.

Key Takeaways

• Adjusted diluted EPS increased 42% year-on-year to $0.95, supported by a 28% rise in adjusted operating profit.
• Orders grew 15% YoY and 11% sequentially, with a book-to-bill ratio of 1.2x, affirming strong momentum in the business.
• Free cash flow reached $277 million in Q2, with a robust adjusted free cash flow of $542 million for 1H 2025, prompting a guidance increase to $1.4 billion for the full year.
• Full-year net sales guidance raised by $550 million to $10 billion, with expected organic growth of approximately 24% and adjusted diluted EPS guidance lifted to $3.80.
• Strong backlog of $8.5 billion, up 21% YoY, positions Vertiv favorably for continued growth in the face of evolving market demands.