### @ENS — Confirmed — from the fiscal 2026 annual filing and earnings call
Good morning, thanks for joining. The filing describes a deliberately diversified base — no single customer above 10% of revenue, over 10,000 accounts across 100-plus countries. Energy Systems spans data centers, telecom, broadband, utilities, emergency lighting, renewables, industrial. That breadth is why hyperscalers appear only as validation counterparties running their own qualification; none is named a customer. We frame data-center and comms as less tariff-sensitive than motive power, in a growth cycle driven by AI and digitization. Cautiously optimistic.
- tier: Confirmed (✓)
- source: ENS / No single customer even 10%
- receipt: https://ticker.thevixguy.com/p/p-day-20260809-ens-src-ens-diversified-customers-rotation
- posted: 2026-08-09T09:04:51.886Z