Vertiv Holdings

Good morning, my name is Nadia and I'll be your conference operator today. At this time, I would like to welcome everyone to Cattive's fourth quarter and full year 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Please note that this call is being recorded. I would now like to turn the programme over to your host for today's conference call, Lynne Maxeiner, Vice President of Investor Relations.

Great. Thank you, Nadia. Good morning and welcome to Virta's fourth quarter and full year 2025 earnings conference call. Joining me today are Virta's Executive Chairman, Dave Cody, Chief Executive Officer, Gio Albertazzi, and Chief Financial Officer, Craig Chamberlain. We have one hour for the call today. During the Q&A portion of the call, please be mindful of others in the queue and limit yourself to one question. And if you have a follow-up question, please rejoin the queue. Before we begin, I would like to point out that during the course of this call, we will make forward-looking statements regarding future events, including the future financial and operating performance of VIRTUS. These forward-looking statements are subject to material risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. We refer you to the cautionary language included in today's earnings release, and you can learn more about these risks in our annual and quarterly reports and other filings made with the SEC. Any forward-looking statements that we make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events. During this call, we will also present both GAAP and non-GAAP financial measures. Our GAAP results and GAAP to non-GAAP reconciliations can be found in our earnings press release and in the investor slide deck found on our website at investors.birded.com. With that, I'll turn the call over to Executive Chairman Dave Cody.

Well, I am extremely pleased with how we executed in the fourth quarter and for the full year of the 2025. We delivered strong results across key metrics, and we've got tremendous momentum heading into 26 and beyond. What you're seeing is the payoff from years of strategic investments and disciplined execution. Our focus on engineering innovation, Capacity expansion and deep customer partnerships is translating directly into results. Q and his team are doing an outstanding job executing our strategy, and I'm impressed with how they are navigating both opportunities and challenges. The AI-driven infrastructure build-out is accelerating, and data centers are at the center of it all. We're still in the early innings of this secular growth trend. Verta's position in this market keeps getting stronger. Our technology leadership and global scale, along with our service and operational capabilities aren't easily replicated and we keep widening that gap. We've established a strong record. We commit to ambitious goals and we deliver. Now here's what excites me the most. Vertiv isn't choosing between today and tomorrow. We're winning now and winning later. positioning us to create value both now and well into the future. Said more simply, we ain't done yet. With that, I'll turn it over to Gio, our leader and architect of this most excellent day.