PH · Earnings call · 2026Q2T · Full report

Data Center Revenue Exposure

Parker-Hannifin Corp · 2026-08-06 · Importance 52 · Surprise 56

Parker said its data center exposure increased to approximately 1.5% of sales from the previously cited 1% and is expected to continue growing. The company supplies hoses, couplings, manifolds, fittings, engineered materials, liquid cooling systems, and subsystem components for thermal management. Management said it is working with industry leaders and seeing good orders, although the business is not yet large enough to constitute a separate market vertical. Parker considers data centers and liquid cooling a promising growth area for its interconnected technology portfolio.

Key facts

• Management says data center exposure represents about 1.5% of sales, up from previously cited 1%
• Management states data center business grew nicely last year and should continue to grow; Parker provides liquid cooling systems and subsystem components