10 Firms Lead Rally on Impressive Q1 Earnings, Optimistic Outlooks

3. Vertiv Holdings Co. (NYSE:VRT)

Vertiv Holdings surged by 8.4 percent on Thursday to end at $92.55 apiece as investors cheered the company’s impressive earnings performance in the first three months of the year, coupled with an optimistic business outlook.

In its earnings release, Vertiv Holdings Co. (NYSE:VRT) said it swung to a net income of $164.5 million in the period from a $5.9-million net loss in the same quarter last year.

Revenues jumped by 24 percent to $2.036 billion from $1.639 billion year-on-year.

“Vertiv’s strong first quarter results demonstrate our continued momentum and reinforce our position for long-term sustainable growth,” said Vertiv Holdings Co. (NYSE:VRT) CEO Giordano Albertazzi.

“We continue to see accelerated scaling of AI deployments across the data center market, with strong demand signals reinforcing both our near- and long-term growth outlook,” he added.

Assuming tariff rates remain constant throughout the year, the company believed that its diverse manufacturing footprint, operational flexibility, and commercial strategies “will progressively lessen the tariff impact as the year progresses.”

“Although the tariff environment remains fluid, our goal is to significantly mitigate the effect of tariffs as we enter 2026,” Albertazzi said.