Management remarks
Call period: 2026 Q2 · 2026-07-28
Demand and orders: Edward Schlesinger: Sales in Enterprise grew 65% year-over-year, driven by continued strong demand for our Gen AI innovations and our orders are accelerating.Margins: Edward Schlesinger: You can expect us to continue to run at or above 20% operating margin even as we continue to invest to capture all of the growth.Analyst Q&A
Analyst Mehdi Hosseini asked: Sorry to interrupt you. So the $10 billion baseline assumption does include some of the opportunities highlighting the yellow color on Slide 26. But there could be upside or this is just based on the assumption, we don't know the slope of the adoption? Management Wendell Weeks answered: Yes, a lot that depends -- the biggest driver here is going to be, if you're on the right question, which is what percent of the ports are optical, right? And then how successful is optical Scale-Up in AI factories. And that dynamic you're just seeing you're going to have 2 parts to Scale-Up, which is why we pay such close attention to it, which is both the dramatic increase in our enterprise products, as well as the dramatic increase in our inside-the-box or photonics products.管理层陈述
电话会期间：2026 Q2 · 2026-07-28
需求与订单：爱德华·施莱辛格：企业部门销售额同比增长65%，得益于生成式AI创新产品的持续强劲需求，且订单正在加速增长。利润率：爱德华·施莱辛格：即便我们持续投资以把握所有增长机遇，我们仍将维持至少20%的营业利润率。分析师问答
分析师梅迪·侯赛尼：抱歉打断您。100亿美元的基准假设确实包含了幻灯片26中标黄的部分机遇，但这是否存在上行空间？还是说这仅基于现有假设，我们无法知晓该业务应用普及的增速？管理层温德尔·威克斯：没错，这很大程度上取决于两大核心因素：一是AI工厂中光学端口的占比，二是光学规模化扩展技术在AI工厂的应用成效。规模化扩展业务包含两大板块，这也是我们高度关注它的原因：企业级产品的大幅增长与机内光子学产品的显著提升。This earnings research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报研究基于公司业绩公告、监管文件、财务报表，以及财报电话会议记录或官方回放整理。内容仅供参考，不构成投资建议。
