Emerson Electric Co
EMRQ1 2024Estimated3% AI
AI Revenue %
3%
AI Fair Value
$1.0B
AI Revenue (Q)
$131.3M
Total Revenue (Q)
$4.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2024 (Oct-Dec 2023). National Instruments acquired Oct 11, 2023, adding Test & Measurement to Software & Control. NI brings some AI-adjacent test/measurement capabilities but is primarily traditional T&M. AspenTech continues with AI-powered optimization. The Software & Control group now has three sub-segments: Control Systems & Software, Test & Measurement, and AspenTech. With NI added and increasing AI feature adoption across DeltaV and AspenTech, estimate rises slightly to 3%. Net sales: $4,117M. Estimated AI: ~$123M.
Analyzed by claude-opus-4-6
Quoted Figures
Net sales $4,117
10-Q Q1 FY2025 Consolidated Statements showing Q1 FY2024 comparative
AI Products Identified (Ring 1)
AspenTech MtellAspenTech AI optimizationDeltaV predictive analyticsNI AI-powered test automation
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.
AspenTechControl Systems & SoftwareTest & Measurement (NI)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix