Vertiv Holdings Co. (NYSE: VRT) is capitalizing on surging demand for power, thermal, and integrated infrastructure solutions as hyperscalers and data-center operators aggressively expand AI capacity.
In the second quarter of 2026, Vertiv’s product revenues rose 22% year over year to $2.65 billion, representing approximately 81% of the company’s total sales for the period.
Total revenues climbed 24% to $3.27 billion, underscoring the growing scale and reach of Vertiv’s product portfolio across global markets.
Regional performance was broadly strong, with Americas sales increasing 29% to $2.07 billion, while Asia-Pacific revenues rose 29% to $720 million and EMEA returned to 2% reported growth.
Solutions including OneCore and SmartRun are designed to address larger, more coordinated deployments that can shorten construction timelines and reduce on-site complexity for data-center operators.
Vertiv is expanding capacity across the Americas, Malaysia, and EMEA while simultaneously investing in advanced thermal systems, next-generation power architectures, and converged infrastructure offerings.
The company’s 800-volt DC roadmap, liquid-cooling products, and end-to-end powertrain offerings are expected to expand its content opportunity per megawatt as AI computing density continues to rise.
Management indicated that pipelines are expanding across regions and customer categories, providing a solid foundation for continued revenue momentum heading into the back half of 2026.
For the third quarter of 2026, management expects sales of $3.65 billion to $3.85 billion, with organic growth projected at 34% to 36%, including high-30s organic growth in the Americas and APAC.
Vertiv’s competitive landscape is intensifying, with Super Micro Computer (NASDAQ: SMCI) and Amphenol Corporation (NYSE: APH) both broadening their AI data-center infrastructure offerings at pace.
In July 2026, Super Micro Computer expanded its DCBBS liquid-cooling portfolio with 10 rear-door heat exchangers supporting high-density AI and HPC systems, offering flexible cooling capacities for new and legacy data centers alike.
Amphenol reported that IT datacom represented approximately 43% of its sales in the second quarter of 2026, growing 63% organically year over year on the back of accelerating AI data-center investment.
VRT shares have surged 47.8% year to date, significantly outpacing the broader Zacks Computer and Technology sector, which rose 16.7% over the same period.
Vertiv stock is trading at a premium valuation, with a trailing 12-month Price/Book ratio of 19.37x compared with the Computer and Technology sector’s 8.77x, and carries a Value Score of D.
The Zacks Consensus Estimate for Vertiv’s 2026 earnings stands at $6.69 per share, reflecting a 59.29% increase from the prior year, with the estimate edging up by a couple of pennies over the past 30 days.
