Eaton Corporation
ETNQ2 2022(ETN Q1 FY2022)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$898.6M
AI Revenue (Q)
$72.6M
Total Revenue (Q)
$4.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Eaton's Electrical Americas ($2,131M) and Electrical Global ($1,495M) segments totaled $3,626M of $5,212M total revenue (69.6%). These segments serve broad end markets: industrial, commercial, residential, utility, and data center. In 2022, data center was a modest portion of Electrical revenue (~12-15%). AI data center buildout was still early (pre-ChatGPT era), with AI-specific power demand representing perhaps 10-15% of total data center power spend. Estimate: ~13% of Electrical goes to data centers = ~$471M; ~12% of that is AI-attributable = ~$57M. No AI-specific disclosure in filing.
Analyzed by claude-opus-4-6
Quoted Figures
Electrical Americas net sales $2,131M; Electrical Global net sales $1,495M; Total net sales $5,212M
10-Q Segment Note, Q2 2022
Tripp Lite acquisition (March 2021): leading supplier of power quality products and connectivity solutions including single-phase UPS systems, rack PDUs, surge protectors, and enclosures for data centers
10-Q MD&A, Q2 2022
AI Products Identified (Ring 1)
UPS systems for data centersrack power distribution unitsswitchgearbusway systems
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.
commercial building electricalindustrial power distributionutility equipmentresidential electrical products
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix