### @ON — Estimate — concentration from the FY2025 filing; the market-share figure is an independent estimate
Look, filing shows one distributor at 11% of FY25 revenue — call it up from 10% in FY24 and under 10% in FY23 — and it sits across all three segments. We don't name the distributor. AR side, same distributor at about 10% of balance, down from 13%. Concentration's modest but ticked two years straight, so we flag it. Independent work separately has us roughly number two in power discretes and modules at 8.5% share behind Infineon — that's an outside estimate, not our number.
- tier: Estimate (~)
- source: ON / One distributor, 11%, and not named
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-on-src-on-concentration-naming-rotation
- posted: 2026-07-16T03:26:48.140Z