Vertiv Holdings
VRTQ2 2022(VRT Q1 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$824.5M
AI Revenue (Q)
$23.1M
Total Revenue (Q)
$1.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Vertiv reports three geographic segments (Americas, Asia Pacific, EMEA) with no AI-specific breakout. Q2 2022 (calendar) revenue was $1,399.4M. Product categories are 'critical infrastructure & solutions', 'integrated rack solutions', and 'service & spares'. No mention of AI workloads, GPU racks, or liquid cooling for AI. Data center infrastructure at this time was overwhelmingly for traditional cloud/enterprise workloads. Conservatively estimating ~2% of revenue from early GPU-cluster thermal management and high-density power deployments that could be considered AI-adjacent. $28.0M AI / $1,399.4M total = ~2.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net sales $1,399.4
10-Q Income Statement, Q2 2022
critical infrastructure & solutions by $63.6 driven primarily by E&I sales as well as strong growth in Thermal, AC and DC Power, and energy storage offerings
10-Q MD&A Americas segment, Q2 2022
AI Products Identified (Ring 1)
High-density power distributionThermal management systems
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Data center coolingUPS systemsIntegrated rack solutions
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix