### @LITE — Confirmed — from the FY2025 10-K, Q2 FY2026 quarterly filing, and Q3 FY2026 call
Look, we moved to a single reportable segment in Q1 FY 2026 — dropping the Cloud & Networking and Industrial Tech split — and that, I mean, reduced public visibility into datacenter‑versus‑industrial revenue trends, right? That happened as our cloud and networking business already exceeded 85% of revenue, you know. We still rely on a small number of customers for a large share of sales and expect that concentration to continue, and on the March call we named Google as one of the biggest drivers, while NVIDIA is now both investor and customer, and we lost Huawei back in early 2024.
- tier: Confirmed (✓)
- source: LITE / A short customer list, mostly unnamed
- receipt: https://ticker.thevixguy.com/p/p-day-20260806-lite-src-lite-customer-concentration-rotation
- posted: 2026-08-06T20:58:17.758Z