Eaton Corporation
ETNQ2 2025(ETN Q1 FY2025)Estimated5.5% AI
AI Revenue %
5.5%
AI Fair Value
$4.6B
AI Revenue (Q)
$350.7M
Total Revenue (Q)
$6.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Electrical Americas ($3,010M) and Electrical Global ($1,610M) totaled $4,620M of $6,377M total revenue (72.5%). Systems revenue in Electrical Americas was $2,267M, up 16% YoY. Fibrebond acquisition announced ($1.45B, ~$378M annual revenue, data center power enclosures) -- closed April 1, 2025, so not yet in Q1 revenue but signals massive data center bet. Estimate: ~21% of Electrical to data centers = ~$970M; ~36% AI-attributable = ~$349M. AI infrastructure buildout continues accelerating.
Analyzed by claude-opus-4-6
Quoted Figures
Electrical Americas: Products $743M, Systems $2,267M, Total $3,010M
10-Q Note 3, Q1 2025
Electrical Global: Products $938M, Systems $672M, Total $1,610M
10-Q Note 3, Q1 2025
Fibrebond Corporation (April 1, 2025): $1.45 billion acquisition. U.S. based designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Sales of approximately $378 million for twelve months ended February 28, 2025
10-Q Note 2, Q1 2025
AI Products Identified (Ring 1)
UPS systems for data centersrack power distribution unitsswitchgearbusway systemsthree-phase power qualitypower distribution assembliesmodular power enclosures (Fibrebond, post-close)
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