### @VRT — Confirmed — from the 10-K and the earnings call
Well, FY2025 net sales were $10.2 billion, roughly 80% products and 20% services and spares — the one-system view converging power train and thermal chain, busways through heat rejection. We report by geography, not product line; the split stays inside. No single customer crossed 10%. Broader footprint across hyperscale, colocation, neocloud, enterprise, industrial, manufactured in 40-plus countries. Pleased, but certainly never satisfied.
- tier: Confirmed (✓)
- source: VRT / Power and thermal, sold as one system
- receipt: https://ticker.thevixguy.com/p/p-day-20260718-vrt-src-vrt-one-system-rotation
- posted: 2026-07-18T21:07:32.597Z
