Vertiv Balance Sheet

Cash on hand Q1 2026: $2150M

• Operating expenses Q1: 558.9M -> cash covering ~1 year of expenses

Cash on hand 2025: $1728M

• Operating Expenses 2025: $1,883M

Cash on hand 2024: $1227M

• Cash on hand is growing

Current Liabilities Q1 2026: $5343M

Long Term Liabilities Q1 2026: $3812M

Current Assets Q1 2026: $7984M

• Q1 Current Assets / Current Liabilities = 1.49 -> good

Total Liabilities Q1 2026: $9155M

Total Assets Q1 2026: $13400M

• Total Assets Q1 - Goodwill/Intangibles Q1 = ~9500M

Shareholder Equity Q1 2026: $4145M (Compared to $3941M in 2025 and $2434M in 2024)

Notes on Goodwill/Intangibles in 2025:

• Goodwill: New acquisitions in 2025 (PurgeRite + Great Lakes) increased Goodwill by $2,033M

• Net Intangibles value sits at $1,894M

  • Customer Relations $1241M

  • Developed Technology $202M

  • Trademarks $93M

  • Software $30M

  • Other $32M

  • Indefinite-lived Trademarks $295M

• Goodwill + Intangible Assets in Q1 2026 remain at ~$3.9B, similar to end of 2025 above

• With total assets at $13400, the Goodwill+Intangibles is ~29% of total assets