---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-013042"
form_type: "8-K"
ticker: "VRT"
cik: "0001674101"
company_name: "Vertiv Holdings Co"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:03:44.708544+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vertiv Q1 adj. operating profit $176M, up $163M YoY; raises FY2023 adj. op. profit guidance to $800M

## Summary
- Net sales $1,521M (+32% YoY); organic net sales growth 35%.
- Operating profit $130M; adjusted operating profit $176M, up $163M YoY, above guidance high-end by $41M.
- Operating cash flow $42M (up $174M YoY); adjusted free cash flow $25M (up $175M).
- Full year 2023 adj. operating profit guidance raised to $800M midpoint (up 82% vs 2022); Q2 adj. op. profit guidance $180-200M.
- Orders normalized with book-to-bill 1.0x; backlog at record levels; demand resilient with AI investment.

## SEC filing metadata
- accession: 0001628280-23-013042
- form_type: 8-K
- ticker: VRT
- cik: 0001674101
- company_name: Vertiv Holdings Co
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674101/000162828023013042/0001628280-23-013042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674101/000162828023013042/vrt-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-013042
- JSON: https://secwatch.observer/filing/0001628280-23-013042.json
- Plain text: https://secwatch.observer/filing/0001628280-23-013042.txt

## Key facts
- Earnings Releases
  Vertiv Holdings Co reported three months ended March 31, 2023 results: revenue $1,521 million. Guidance raised.
  - Period: three months ended March 31, 2023
  - Revenue: $1,521 million
  - Guidance: raised
  - Result: reported results
  source text: Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2023. Vertiv reported first quarter net sales of $1,521 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000162828023013042/0001628280-23-013042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.