# Who are Johnson Controls's customers? Who does Johnson Controls earn revenue from?
Canonical: https://valuechain.wiki/johnson-controls · Facet: customers · Updated: 2026-07-12T03:56:55.224359+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Johnson Controls discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 5 dated sources, 1 of them primary filings (as of 2026-07-12).

### 상업 빌딩 발주처 (HVAC·제어·소방·보안·서비스) (high)
- note: The pure-play core after shedding residential HVAC — selling HVAC, controls, fire and security to hospitals, data centers, universities, Class-A offices and airports across three regional segments. The key is that 32% of revenue is recurring service: a decades-long installed base converts into maintenance, retrofit and digital (OpenBlue) service, a cash source more defensive than the new-build cycle.
- [mentions] MarketScreener (EN, research, published 2026-06-01) https://www.marketscreener.com/quote/stock/JOHNSON-CONTROLS-INTERNAT-58467/consensus/: "Data-center cooling demand and a record backlog underpin the re-rating case — consensus focus is the pace of backlog conversion into revenue."
- [confirms] SEC EDGAR (EN, filing, published 2025-11-14) https://www.sec.gov/Archives/edgar/data/833444/000083344425000097/jci-20250930.htm: "FY2025 continuing-ops revenue $23.60B (+2.8%); services 32% of revenue. Four segments (Global Products; Building Solutions North America, EMEA, Asia Pacific)."

### 하이퍼스케일러 (사일런트에어 모듈 냉각) (high)
- note: As AI data centers' rack density (NVIDIA DSX-class GPUs) outstrips air cooling, liquid cooling becomes mandatory, and JCI holds the full chip-to-room stack — Silent-Aire CDUs (0.5-10MW), YORK YVAM waterless magnetic-bearing chillers and Accelsius 2-phase D2C — engineered to NVIDIA's DSX reference architecture. Hyperscale customers stay undisclosed, but this demand is the order engine behind the record $16.6B backlog.
- [confirms] SEC EDGAR (EN, filing, published 2025-11-14) https://www.sec.gov/Archives/edgar/data/833444/000083344425000097/jci-20250930.htm: "FY2025 (Sept year-end) continuing-ops revenue $23.60B (+2.8%), services 32% of revenue, backlog $16.6B (record, at Sept 30, 2025). Became a pure-play commercial-buildings/datacenter company via the Bosch divestiture."
- [confirms] Newswire (KO, news, published 2025-09-09) https://www.newswire.co.kr/newsRead.php?no=1018560: "JCI launched scalable liquid cooling (500kW-10MW+) for high-density data centers."
- [confirms] Johnson Controls (EN, ir, published 2025-09-08) https://www.johnsoncontrols.com/media-center/news/press-releases/2025/09/08/johnson-controls-expands-thermal-management-offering-with-scalable-liquid-cooling-solution-to-meet-t: "Launched Silent-Aire CDU 0.5-10MW platform; supports NVIDIA DSX reference architecture to enable GW-scale AI infrastructure."
- [confirms] Johnson Controls (EN, ir, published 2025-08-01) https://www.johnsoncontrols.com/media-center/news/press-releases/2025/08/01/johnson-controls-completes-sale-of-residential-and-light-commercial-hvac-business: "R&LC HVAC sold to Bosch: $8.1B total, ~$6.7B JCI share."

Reverse side: https://valuechain.wiki/johnson-controls/suppliers.md · Ripple: https://valuechain.wiki/johnson-controls/ripple.md

---
Full node: https://valuechain.wiki/johnson-controls.md · JSON: https://valuechain.wiki/johnson-controls.json