v3.26.1
Operating Segments and Geographic Information (Tables)
 12 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Schedule of Revenue by Geographic Region
The following table presents net revenue by the three geographic regions we operate in and net revenue from countries that represented 10% or more of our total net revenue (in millions, except percentage data):
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Amount% to TotalAmount% to TotalAmount% to Total
Net revenue:
Americas:
United States
$627.9 20.8 %$312.3 19.0 %$356.1 26.2 %
Mexico443.7 14.7 148.5 9.0 91.7 6.7 
Other Americas
13.2 0.4 20.1 1.2 3.4 0.3 
Total Americas
$1,084.8 35.9 %$480.9 29.2 %$451.2 33.2 %
Asia-Pacific:
Thailand$626.6 20.8 %$291.8 17.7 %$183.8 13.5 %
Hong Kong
519.3 17.2 398.6 24.2 261.9 19.3 
China284.8 9.4 95.5 5.8 68.2 5.0 
Japan
104.6 3.5 78.3 4.8 84.6 6.2 
Other Asia-Pacific
216.9 7.3 136.4 8.4 181.3 13.4 
Total Asia-Pacific
$1,752.2 58.2 %$1,000.6 60.9 %$779.8 57.4 %
EMEA$177.0 5.9 %$163.5 9.9 %$128.2 9.4 %
Total net revenue
$3,014.0 100.0 %$1,645.0 100.0 %$1,359.2 100.0 %
We purchase a portion of our inventory from contract manufacturers and vendors located primarily in Thailand, Taiwan and Malaysia. The following table sets forth inventory purchase from a single contract manufacturer that represented 10% or greater of our total net inventory purchases for the periods presented:
June 27, 2026June 28, 2025
Contract Manufacturer A18.2 %25.1 %
Schedule of Concentration Risks
During the years ended June 27, 2026, June 28, 2025, and June 29, 2024, net revenue from a single end customer which represented 10% or greater of total net revenue is summarized as follows:
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Customer A26.6 %15.4 %18.9 %
Customer B15.0 %16.0 %11.4 %
The following table sets forth accounts receivable from a single customer that represented 10% or greater of the total accounts receivable for the periods presented:
June 27, 2026June 28, 2025
Customer 130.4 %13.2 %
Customer 210.7 %11.0 %
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Amount% to TotalAmount% to TotalAmount% to Total
Components$2,005.6 66.5 %$1,116.3 67.9 %$822.1 60.5 %
Systems1,008.4 33.5 %528.7 32.1 %537.1 39.5 %
Net revenue$3,014.0 100.0 %$1,645.0 100.0 %$1,359.2 100.0 %
Refer to “Note 17. Operating Segments and Geographic Information” for a presentation of disaggregated revenue by geography.
Schedule of Long-Lived Assets by Geographic Region
Long-lived assets, namely property, plant and equipment, net, were identified based on the physical location of the assets in the corresponding geographic areas as of the periods indicated (in millions):
June 27, 2026June 28, 2025
Property, plant and equipment, net
United States
$153.0 $123.0 
Thailand
450.6 218.6 
Japan232.1 144.3 
United Kingdom139.1 109.4 
China129.9 76.8 
Other countries
54.4 54.3 
Total property, plant and equipment, net$1,159.1 $726.4