canar.ai
Rankings/VRT/Q3 2022 Analysis

Vertiv Holdings

VRT
Q3 2022(VRT Q2 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$847.6M
AI Revenue (Q)
$28.0M
Total Revenue (Q)
$1.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 2022 (calendar) revenue was $1,481.1M. Vertiv continues to report geographic segments only. No AI workload references in the filing. Growth attributed to 'E&I sales and higher sales volume', and 'strong growth in Thermal and AC and DC Power'. Thermal growth here is driven by general data center buildout, not specifically AI. Pre-ChatGPT era. Maintaining ~2% estimate for nascent high-density GPU deployments at hyperscalers. $29.6M AI / $1,481.1M total = ~2.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Net sales 1,481.1
10-Q Income Statement, Q3 2022
critical infrastructure & solutions by $125.4 driven primarily by E&I sales as well as strong growth in Thermal and AC and DC Power
10-Q MD&A Americas segment, Q3 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