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REVENUE
 9 Months Ended
Jul. 03, 2026
Revenue [Abstract]  
REVENUE REVENUE
Disaggregation of Revenue
We disaggregate revenue from contracts with customers by markets and geography, as we believe it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.
The following tables present our revenue disaggregated by markets and geography (in thousands):
Three Months EndedNine Months Ended
July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Revenue by Market:
Industrial & Defense
$133,390 $108,206 $371,755 $304,148 
Data Center
137,584 75,822 321,526 213,286 
Telecom71,263 68,051 209,523 188,654 
Total $342,237 $252,079 $902,804 $706,088 
Three Months EndedNine Months Ended
July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Revenue by Geographic Region(1):
United States
$121,151 $105,300 $358,989 $310,543 
China
133,791 70,967 318,193 197,545 
Asia Pacific, excluding China40,235 29,535 104,241 76,475 
Other Countries (2)
47,060 46,277 121,381 121,525 
Total$342,237 $252,079 $902,804 $706,088 
(1)Revenue by geographic region is aggregated by customer billing address.
(2)No country or region represented greater than 10% of our total revenue as of the dates presented, other than the United States, China and Asia Pacific region as presented above.
Contract Balances
We record contract assets or contract liabilities depending on the timing of revenue recognition, billings and cash collections on a contract-by-contract basis. Our contract liabilities primarily relate to deferred revenue, including advanced consideration received from customers for contracts prior to the transfer of control to the customer, and, therefore, revenue is subsequently recognized upon delivery of products and services.
The following table presents the changes in contract liabilities during the nine months ended July 3, 2026 (in thousands, except percentage):
July 3, 2026October 3, 2025$ Change% Change
 Contract liabilities$3,941 $7,676 $(3,735)(48.7)%
During the three and nine months ended July 3, 2026, we recognized revenue of $0.7 million and $5.8 million, respectively, that were included in the contract liabilities balance as of October 3, 2025. During the three and nine months ended July 4, 2025, we recognized revenue of $0.3 million and $1.7 million, respectively, that were included in the contract liabilities balance as of September 27, 2024. The decrease in contract liabilities during the nine months ended July 3, 2026 was primarily related to recognition of revenue that was previously deferred for products and services invoiced prior to when certain of our customers obtained control of such products and/or services, partially offset by deferral of revenue for additional invoicing prior to when our customers obtain control of such products and/or services