Arrow Electronics, Inc.
ARWQ1 2025(ARW Q4 FY2024)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$561.0M
AI Revenue (Q)
$505.2M
Total Revenue (Q)
$25.3B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2024 / full year FY2024 (ended December 31, 2024). FY2024 total revenue approximately $27.9B (9-month $20,640M + Q4 ~$7,300M from working capital reference showing Q4 sales of $7.3B). The 10-K describes Arrow's portfolio as enabling 'industrial automation, edge and cloud computing, smart and connected devices, and transportation' -- notably no AI-specific language added even in the FY2024 10-K. Global Components = ~72% = ~$20.1B, of which semiconductors ~76% = ~$15.3B, and ~16% IP&E, ~5% computing/memory. Global ECS = ~28% = ~$7.8B, with 26% datacenter, 20% software, 18% security, 16% compute, 6% data intelligence, 6% networking. By late 2024, enterprise AI infrastructure spending through the distribution channel was growing. Arrow's ECS channel increasingly included AI server configurations and AI software subscriptions. Edge AI chip demand also grew. Components AI fraction: ~1.5% of $15.3B semiconductors = ~$230M annually (~$60M quarterly). ECS AI fraction: data intelligence (6% of $7.8B = $468M, ~35% AI-related = ~$164M) + compute AI portion (~5% of $1.25B = ~$62M) + datacenter AI portion (~3% of $2.0B = ~$61M) = ~$287M annually (~$72M quarterly). Q4 total: ~$132M / $7,300M = 1.8%. Given acceleration toward end of year, round to 2.0%.
Analyzed by claude-opus-4-6
Quoted Figures
For 2024, approximately 72% of the company s sales were from the global components reportable segment, and approximately 28% of the company s sales were from the global ECS reportable segment.
10-K FY2024, Item 1 Business
Within the global components reportable segment for 2024, sales of approximately 76% consist of semiconductor products and related services; approximately 16% consist of IP&E products; approximately 5% consist of computing and memory; and approximately 3% consist of other products and services.
10-K FY2024, Item 1 Business
Within the global ECS reportable segment for 2024, sales of approximately 26% consist of storage, 20% consist of software applications, 18% consist of security, 16% consist of compute, 6% consist of data intelligence, 6% consist of networking, and 8% consist of other products and services.
10-K FY2024, Item 1 Business
Sales for the fourth quarter of 2024 and 2023 were $7.3 billion and $7.8 billion, respectively.
10-K FY2024, Item 7 MD&A, Working Capital discussion
AI Products Identified (Ring 1)
Edge AI chips (NVIDIA Jetson, Intel)AI inference modulesECS AI server configurationsArrowSphere AI/ML software subscriptionsAI networking components
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Global Components semiconductor distributionGlobal ECS datacenter solutionsGlobal ECS computeGlobal ECS data intelligenceGlobal ECS software (AI portion)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix