Vertiv Q4 sales rise 26% to $2.35 billion; 2025 sales guidance raised
Vertiv reported fourth-quarter 2024 net sales of $2,346.4 million, up 26% from a year earlier, and adjusted diluted EPS of $0.99, up 77%. GAAP diluted EPS fell to $0.38 from $0.60, mainly because of a $180.0 million charge tied to the change in fair value of warrant liabilities. The company raised its 2025 net sales midpoint by about $75 million versus November guidance while keeping its adjusted diluted EPS outlook consistent with November.
Key points
- Q4 2024 net sales $2,346.4 million vs. $1,865.4 million in Q4 2023; net income $147.0 million vs. $232.6 million
- GAAP diluted EPS $0.38 vs. $0.60; adjusted diluted EPS $0.99, up 77%
- Change in fair value of warrant liabilities was a $180.0 million expense in Q4 2024, versus $54.5 million a year earlier
- 2025 guidance: net sales $9,125 million to $9,275 million; adjusted diluted EPS $3.50 to $3.60
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.