# data center revenue — X 热门讨论 (2026-09-25 06:55 UTC)
## @HunterAllen4 (THE GAP FATHER) · 09-25 00:56 · ♥30 ↻1 💬11 $ESAB
Here’s a freebie since I’ve been busy digging through energy-infrastructure picks and shovels.
And I mean UNDERTAKER LEVEL ASLEEP. ⚰️
I haven’t seen a single soul on X talking about this one except me.
That’s how under-the-radar I think $ESAB is right now.
Gap father approved, rip salad incoming.
ESAB is one of those companies sitting underneath multiple huge buildout themes without getting much attention. It makes the welding, cutting, automation, robotics, gas-control and inspection equipment needed to actually BUILD infrastructure.
Pipelines, power, nuclear, defense, shipyards, semiconductors, data centers, manufacturing and emerging-market infrastructure all need what ESAB sells.
The business is evolving too. Equipment has grown from roughly 38% of sales in 2016 to ~44% recently, with management targeting 50%+ on a pro-forma basis with Eddyfi.
Gas control carries mid-40% gross margins, while Eddyfi adds higher-value inspection and monitoring across aerospace, energy, nuclear, transportation and industrial markets.
That’s the picks-and-shovels growth here….
$ESAB doesn’t need to own the pipeline, power plant, data center or shipyard it sells the equipment, consumables, automation, gas control and inspection technology needed to build and maintain them.
Around 52% of 2025 revenue came from higher-growth regions, while management sees a roughly $45B addressable market by 2028.
And the growth is starting to show. FY2025 sales were ~$2.84B, up 3.7%, with TTM sales around $3B. Q1 2026 core sales grew 10% YoY and Q2 core sales grew 13%, with 2026 guidance calling for roughly $3.0–$3.1B of core sales.
Management is targeting 22%+ adjusted EBITDA margins by 2028 or sooner as the mix shifts toward equipment, automation, gas control, software and inspection.
Now look at the chart. $ESAB has been absolutely smoked, falling from the ~$120–$140 area toward the high $60s. Weekly RSI is around 33, price is pressing the lower Bollinger Band, and the stock is sitting in a deeply washed-out technical setup.
The trend is still down, so I’m not pretending the bottom is confirmed but if organic growth keeps inflecting and the mix shift starts translating into margin expansion, this is exactly the kind of beaten-down industrial sleeper I want on the radar.
Here’s your warning. Don’t miss. 👀 https://x.com/HunterAllen4/status/2103287559296024576
## @aakashgupta (Aakash Gupta) · 09-24 18:49 · ♥34 ↻3 💬1 The product manager role is 3 jobs. Most people want 1.
Here's how to hold them all:
It's still the classic job that we saw when Martin Eriksson (@bfgmartin) drew it in 2011. You have to be at the intersection of what customers want, what will move the business forward, and what's just become recently possible.
But with AI the PM has moved closer to everything.
Customer What is worth solving?
You want to get as close to the customer as possible. We used to be gated by UXR with access to our customers, with analysts with access to our data. All those barriers have dissolved, and with MCP or CLI connections, PMs are put right into the center of their most important customer data. And with AI automations, PMs can get more time to spend with actual customers.
Tools: @hidovetail @pendoio @intercom @Zendesk @hotjar @Qualtrics
Engineering What is possible?
You still don't want to build THE thing (usually), but we're getting closer. We're building prototypes on the real code base and design system. We're skipping the old wireframe stage with Balsamiq and going straight into clickable, full-data prototypes to drive better discovery.
Tools: @boltdotnew @lovable_dev @Replit @figma @github @vercel
Business What is worth funding?
You don't need to become the analyst, but you can't wait on one anymore. We used to file a ticket with the data team and wait a week for a dashboard. Now PMs query the warehouse directly, pull revenue by segment, and walk into planning with the business case already built. The number that decides the roadmap is one prompt away.
Tools: @stripe @HubSpot @mixpanel @googleanalytics Looker @Snowflake
The Product Manager Which one ships?
You still make the call, but now everything is connected in one place. With agentic harnesses like Claude Code and Codex, you can set up an operating system at the center of everything. And with newer tools like Herdr and pi, you can really take the agentic part of that to a whole new level. You still make the call, but you have an AI employee helping you alongside everything.
Tools: Claude Code (@claudeai), Codex (@OpenAI), @cursor_ai, @herdrdev, @pidotdev, Instinct (@noahrshinn)
It's amazing how nothing changed. And everything changed. https://x.com/aakashgupta/status/2103195195097674055