• Revenue: **$2.68B (+29% YoY)**
• Organic Orders: **+60% YoY**, Book-to-Bill **~1.4x**, Backlog **$9.5B**
• Diluted EPS: **$1.02 (+122%)**, Adjusted EPS: **$1.24 (+63%)**
• Adjusted Operating Profit: **$596M**, Margin **22.3% (+220 bps)**
• Adjusted FCF: **$462M**, Net Leverage **~0.5x**
• FY25 Outlook Raised: Adjusted EPS **~$4.10**, Operating Profit **~$2.06B**, FCF **~$1.5B**
Vertiv continues to ride hyperscale and AI data center demand momentum.
