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Vertiv10-K: Backlog growth

Order backlog more than doubled to $15.0B in 2025, driven by AI and cloud customer demand.

What happened

The surge in order backlog from $7.2B to $15.0B, fueled by demand for AI infrastructure, highlights immense growth but also potential strain on production, supply chain, and IT systems for order management and fulfillment.

Source

SEC EDGARFeb 13, 2026

Annual report (Form 10-K)

Vertiv 10-K for FY2025

Filing excerpt

Vertiv’s estimated combined order backlog was $15.0 billion and $7.2 billion as of December 31, 2025 and 2024, respectively, as continued strong demand has contributed to an increase in customer orders being placed in advance of our ability to fulfill them.

sec.gov/Archives/edgar/data/1674101/000167410126000008/vrt-20251231.htmRead the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-K: Backlog growth

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 13, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$15B (Total order backlog as of Dec 31, 2025)
PercentYear-over-year growth in order backlog from $7.2B in 2024
1.08%

Details

CIK
1674101
Accession number
0001674101-26-000008
Timeframe
Current year
Filing year
2026
Why it matters
Capacity/fulfillment needs
Signal category
Revenue

Topics and mentions

Technologies

  • AI
  • cloud
  • liquid cooled thermal management
  • energy storage

Vendors

  • Microsoft
  • Amazon Web Services
  • Google Cloud
  • Digital Realty
  • Equinix
  • Compass
  • QTS
  • CoreWeave

Regions named

  • Americas
  • Asia Pacific
  • Europe, Middle East & Africa

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
backlogGrowth

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/2ef38c45-88fd-496a-814c-8e757b4425e2 returns this record as JSON. POST /v1/companies/enrich returns every signal for vertiv.com.

{
  "signal_id": "2ef38c45-88fd-496a-814c-8e757b4425e2",
  "signal_type": "sec-10k",
  "signal_subtype": "backlogGrowth",
  "detected_at": "2026-02-17T06:30:53.646+00:00",
  "company": {
    "name": "Vertiv",
    "domain": "vertiv.com"
  },
  "data": {
    "detail": "The surge in order backlog from $7.2B to $15.0B, fueled by demand for AI infrastructure, highlights immense growth but also potential strain on production, supply chain, and IT systems for order management and fulfillment.",
    "metrics": {
      "pct": 1.08,
      "timeframe": "current_year",
      "pct_context": "Year-over-year growth in order backlog from $7.2B in 2024",
      "dollar_context": "Total order backlog as of Dec 31, 2025",
      "dollar_millions": 15000
    },
    "summary": "Order backlog more than doubled to $15.0B in 2025, driven by AI and cloud customer demand.",
    "excerpts": "Vertiv’s estimated combined order backlog was $15.0 billion and $7.2 billion as of December 31, 2025 and 2024, respectively, as continued strong demand has contributed to an increase in customer orders being placed in advance of our ability to fulfill them.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1674101/000167410126000008/vrt-20251231.htm",
    "filing_date": "2026-02-13",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Capacity/fulfillment needs",
    "signal_category": "revenue",
    "regions_mentioned": [
      "Americas",
      "Asia Pacific",
      "Europe, Middle East & Africa"
    ],
    "vendors_mentioned": [
      "Microsoft",
      "Amazon Web Services",
      "Google Cloud",
      "Digital Realty",
      "Equinix",
      "Compass",
      "QTS",
      "CoreWeave"
    ],
    "technologies_mentioned": [
      "AI",
      "cloud",
      "liquid cooled thermal management",
      "energy storage"
    ]
  }
}

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