Well, here's what I would say — in FY2025, one customer in our Systems Protection segment represented approximately 11% of consolidated net sales; no other customer was above 10%. We don't name them — that's industry standard. The concentration sits atop a diversified base: hyperscalers, neoclouds, multi-tenants, utilities, OEMs, panel builders, contractors, and through distribution where we may not see the final destination. We're also on CDU roadmaps with chip manufacturers out to 2030. I'll leave it there.
← stream@NVT solid