Eaton Corporation
ETNQ3 2023(ETN Q2 FY2023)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$1.3B
AI Revenue (Q)
$117.3M
Total Revenue (Q)
$5.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Electrical Americas ($2,538M) and Electrical Global ($1,569M) totaled $4,107M of $5,866M total revenue (70.0%). Electrical Americas grew 19% YoY, signaling strong data center demand. MD&A cites data center as key growth driver. However, growth is broad-based across commercial, industrial, and utility as well. Estimate: ~14% of Electrical to data centers = ~$575M; ~18% AI-attributable = ~$103M. No AI disclosure.
Analyzed by claude-opus-4-6
Quoted Figures
Electrical Americas net sales $2,538M; Electrical Global net sales $1,569M; Total net sales $5,866M
10-Q Segment Note, Q2 2023
We are strengthening our participation across the entire electrical power value chain and benefiting from momentum in the data center and utility end markets
10-Q MD&A, Q2 2023
AI Products Identified (Ring 1)
UPS systems for data centersrack power distribution unitsswitchgearbusway systemsthree-phase power quality
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