### @VRT — Confirmed — from the 10-K and the earnings call
Well, FY2025 net sales were $10.2 billion, split roughly 80 % products and 20 % services and spares — and, certainly, we view the data center as one converged machine, with power‑train elements such as busways, switchgear and UPS on one side and thermal‑chain components like air and liquid cooling, CDUs and heat rejection on the other. We report revenue only by geography, so the internal product split remains inside the house, and no single customer crossed the 10 % threshold, and our footprint spans manufacturing in more than 40 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-20260722-vrt-src-vrt-one-system-rotation
- posted: 2026-07-22T12:35:52.126Z