Vertiv reported third-quarter adjusted EPS growth of 63% year-over-year, driven by robust demand for hyperscale data center infrastructure. The company raised its full-year revenue guidance to $10.2 billion and adjusted EPS target to $4.10, reflecting confidence in sustained order momentum. A 1.4x book-to-bill ratio helped build a backlog of $9.5 billion, underscoring strength in large-scale AI and cloud deployments.

On January 14, Vertiv introduced new configurations of its prefabricated MegaMod HDX hybrid cooling infrastructure, engineered for high-density AI and HPC environments. The compact variant supports up to 13 racks and 1.25 MW of power capacity, while the extended-height combo spans 144 racks and up to 10 MW. Both support rack densities from 50 kW to over 100 kW and integrate direct-to-chip liquid and air cooling for rapid deployment and scalable thermal management.

Vertiv’s broad critical infrastructure offering—comprising uninterruptible power supplies, cooling distribution units, busway systems and IT racks—contributes to 80% of revenues from data center applications. Recent product launches, including advanced CDU and rear-door heat exchanger solutions, have expanded cross-sell opportunities within existing hyperscale and enterprise accounts, bolstering pipeline growth across North America, EMEA and APAC.

Analysts rate Vertiv a Strong Buy, citing its specialized focus on AI-optimized power and cooling solutions. With hyperscale clients accounting for the majority of its liquid cooling investments and a global footprint spanning over 130 countries, Vertiv is well-positioned to capture a share of the projected 51.9% CAGR in the data center liquid cooling market through 2030. Continued investments in modular, prefabricated architectures are expected to drive further market share gains.