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Vertiv Holdings Co Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Vertiv Holdings Co holds $13.4B in total assets. Shareholders' equity is $4.2B against $3.0B in total debt. Cash and equivalents total $2.2B. The current ratio is 1.49 and debt-to-equity is 0.705. Based on the Q1 2026 filing.

Total Assets$13.4BTotal Stockholders Equity$4.2BLong Term Debt$2.9BCash And Equivalents$2.2BTotal Current Assets$8.0BTotal Current Liabilities$5.3B
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$125.78B
P/E Ratio80.71
ROE45.1%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$1.3B$1.4B$1.6B$1.7B$1.8B$2.0B
Accrued expenses$612.6M$110.3M$151.8M$167.3M$173.2M$122.3M
Accrued Manufacturing Costs$147.8M$110.3M$151.8M$167.3M$173.2M$122.3M
Accrued Progress Collections and Price Adjustments$91.3M$96.1M$106.4M$106.2M$107.6M$145.3M
Other Commercial Liabilities$612.6M$534.2M$578.5M$681.4M$771.6M$856.2M
Contract liabilities$91.3M$96.1M$106.4M$106.2M$107.6M$145.3M
Accrued Income Taxes, Current$83.7M$126.6M$152.6M$23.7M$43.4M$73.5M
Accrued Liabilities, Current$612.6M$534.2M$578.5M$681.4M$771.6M$856.2M
Compensation and benefits$147.8M$110.3M$151.8M$167.3M$173.2M$122.3M
Other accrued liabilities$381.2M$340.0M$334.7M$382.1M$297.2M$406.2M
Current portion of accrued product warranty$27.5M$28.4M$30.2M$35.1M$43.2M$42.8M
Current portion of long-term debt$21.0M$21.0M$21.0M$20.9M$20.9M$0.0
Deferred revenue$1.1B$1.1B$1.3B$1.1B$1.8B$2.5B
Income taxes payable$83.7M$126.6M$152.6M$23.7M$43.4M$73.5M
Note payable to DIRECTV$381.2M$340.0M$334.7M$382.1M$297.2M$406.2M
Operating lease liabilities, current$45.7M$46.7M$55.8M$64.0M$69.7M$72.3M
Restructuring Reserve$10.4M$8.8M$6.0M$32.9M$44.2M$35.3M
Standard Product Warranty Accrual$27.5M$28.4M$30.2M$35.1M$43.2M$42.8M
Total current liabilities$3.1B$3.2B$3.6B$3.6B$4.4B$5.3B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.4B$2.3B$2.8B$2.8B$3.1B$3.1B
Allowance for Doubtful Accounts$22.4M$23.1M$24.3M$25.3M$25.6M$26.6M
Allowance for Doubtful Accounts Receivable (Current)$22.4M$23.1M$24.3M$25.3M$25.6M$26.6M
Cash and cash equivalents$1.2B$1.5B$1.7B$1.4B$1.8B$2.2B
Finished goods$400.8M$478.0M$505.3M$553.0M$555.4M$681.5M
Other current assets$267.1M$300.4M$318.7M$360.8M$426.1M$500.8M
Finished goods$400.8M$478.0M$505.3M$553.0M$555.4M$681.5M
Raw materials$564.7M$605.4M$648.8M$669.2M$680.6M$883.6M
Work in process$278.9M$300.1M$259.2M$214.9M$220.5M$269.5M
Inventories$1.2B$1.4B$1.4B$1.4B$1.5B$1.8B
Prepaid expenses and other current assets$267.1M$300.4M$318.7M$360.8M$426.1M$500.8M
Restricted cash$4.6M$8.8M$15.2M$48.2M$61.4M$40.6M
Short-term investments$0.0—$98.2M$544.6M$99.5M$349.9M
Total current assets$5.1B$5.5B$6.3B$6.5B$6.8B$8.0B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$2.8B$2.8B$2.9B$2.9B$2.9B$2.9B
Accumulated other comprehensive income (loss)-$148.8M-$75.2M$45.2M$19.2M$18.2M-$76.2M
Common stock0700M700M700M700M700M
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued380.7M381M381.8M382.3M382.6M384M
Convertible Preferred Stock Authorized Shares5M5M5M5M5M5M
Convertible Preferred Stock Issued Shares000000
Convertible Preferred Stock Outstanding Shares000000
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$0.0$0.0$0.0$0.0$0.0$0.0
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Retained earnings-$238.3M-$88.0M$222.0M$606.3M$1.0B$1.4B
Total liabilities and stockholders' equity$9.1B$9.5B$10.4B$10.8B$12.2B$13.4B
Total stockholders' equity$2.4B$2.7B$3.1B$3.5B$3.9B$4.2B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contingent Consideration Liability (Non-Current)————$144.1M$177.3M
Contract Liabilities, Non-Current$91.3M$96.1M$106.4M$106.2M$107.6M$145.3M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$18.8M$16.6M$15.0M$12.8M$13.1M$27.8M
Long-term debt$2.9B$2.9B$2.9B$2.9B$2.9B$2.9B
Deferred revenue, net of current portion$91.3M$96.1M$106.4M$106.2M$107.6M$145.3M
Other non-current liabilities$282.3M$286.0M$310.1M$316.7M$494.0M$398.2M
Total liabilities$6.7B$6.8B$7.3B$7.3B$144.1M$177.3M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$92.0M$76.6M$73.2M$74.9M$60.0M$79.7M
Goodwill$1.3B$1.3B$1.4B$1.4B$2.0B$2.0B
Intangible assets, net$1.5B$1.5B$1.5B$1.5B$1.9B$1.8B
Net Investment in Lease$202.1M$203.7M$244.9M$283.7M$303.0M$330.8M
Deferred tax assets$303.3M$269.2M$291.5M$258.5M$179.6M$177.8M
Other intangible assets—net$1.5B$1.5B$1.5B$1.5B$1.9B$1.8B
Non-Current Assets, Excluding Property, Plant, And Equipment, Net$3.4B$3.4B$3.4B$3.6B$4.5B$4.4B
Operating lease right-of-use assets$202.1M$203.7M$244.9M$283.7M$303.0M$330.8M
Other non-current assets$92.0M$76.6M$73.2M$74.9M$60.0M$79.7M
Property, plant and equipment, net$625.1M$637.4M$666.4M$698.0M$921.8M$997.5M
Operating lease right-of-use assets$202.1M$203.7M$244.9M$283.7M$303.0M$330.8M
Operating Lease Right-of-Use Assets in Other Assets$202.1M$203.7M$244.9M$283.7M$303.0M$330.8M
Other non-current assets$92.0M$76.6M$73.2M$74.9M$60.0M$79.7M
Accumulated depreciation$434.0M$459.5M$491.6M$530.5M$526.4M$547.9M
Total property and equipment, gross$1.1B$1.1B$1.2B$1.2B$1.4B$1.5B
Property and equipment, net$625.1M$637.4M$666.4M$698.0M$921.8M$997.5M
Software and Technology Licenses, Net$92.0M$76.6M$73.2M$74.9M$60.0M$79.7M
Total assets$9.1B$9.5B$10.4B$10.8B$12.2B$13.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for doubtful accounts$22.4M$23.1M$24.3M$25.3M$25.6M$26.6M
Business Combination, Contingent Consideration, Liability————$144.1M$177.3M
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$700.0M$700.0M$700.0M$700.0M$700.0M$700.0M
Common stock, shares issued (in shares)$380.7M$381.0M$381.8M$382.3M$382.6M$384.0M
Common Stock, Shares, Outstanding$380.7M$381.0M$381.8M$382.3M$382.6M$384.0M
Contingent consideration liability————$144.1M$177.3M
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$18.8M$16.6M$15.0M$12.8M$13.1M$27.8M
Short term investments, fair value$0.0—$98.1M$544.9M$99.6M$349.9M
Deferred income taxes$240.3M$238.4M$252.6M$285.1M$232.8M$221.2M
Long-term lease liabilities$171.4M$172.2M$203.1M$231.4M$245.2M$270.4M
Preferred Stock, Par or Stated Value Per Share$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Authorized$5.0M$5.0M$5.0M$5.0M$5.0M$5.0M
Preferred Stock, Shares Issued$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Standard and Extended Product Warranty Accrual$27.5M$28.4M$30.2M$35.1M$43.2M$42.8M
Restructuring Reserve$10.4M$8.8M$6.0M$32.9M$44.2M$35.3M
Restructuring Reserve Net$10.4M$8.8M—$32.9M$44.2M$35.3M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$45.9M$54.5M$55.3M—$64.8M