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Elauwit Connection Inc's Business Segments
Elauwit Connection Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
1
Largest Segment
Single Reportable Segment
Total Revenue
$ 3
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Single Reportable Segment100%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Single Reportable Segment | $ 3 | 100% |
Revenue by Product & Service Category - Q2 FY2026
- Network Design And Installation56.7%
- Internet Network Services And Hardware And Internet Service43.3%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Network Design And Installation | $ 2 | 56.7% |
| Internet Network Services And Hardware And Internet Service | $ 1 | 43.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Elauwit Connection Inc
The company provides broadband Internet networks focused on the multifamily and student housing property sectors. It offers Managed Services and Network-as-a-Service solutions designed to improve Internet connectivity for residents and deliver financial benefits to property owners. The company aims to be a leading participant in the multifamily property conversion market by leveraging its service commitment, operational experience, and flexibility. The U.S. market includes approximately 23 million apartment units, with an estimated 55% suitable for the company’s network services. The addressable market consists of about 12 million units in properties with 100 or more units for network overbuilds. Additionally, the U.S. is projected to require between 4.6 million and 11.7 million new apartment homes by 2030. Since its initial public offering in November 2025, the company has established a sales and marketing team that generated a pipeline of over 13,000 units within three months. As of March 20, 2026, the total pipeline is approximately 120,600 units, representing about $120 million in potential network construction revenue and an estimated $26 million in annual recurring revenue. The pipeline includes both expanding existing customer relationships and acquiring new customers, with new logos accounting for about two-thirds of the pipeline.
The company operates a single segment, which is also its sole reportable segment. The Chief Operating Decision Maker (CODM), comprising the CEO and CFO, reviews consolidated financial information to allocate resources and assess financial performance. The company's primary operations are based in the United States. The CODM evaluates segment profit or loss using consolidated gross profit and loss from operations. Segment expenses include compensation (mainly salaries and payroll taxes), travel, and other operating costs such as management fees, professional fees, insurance, and rent. Segment assets correspond to total assets reported in the consolidated balance sheets.