### @ON — Estimate — concentration from the FY2025 filing; the market-share figure is an independent estimate
Look, per the FY2025 filing one customer – a distributor – accounted for about 11% of revenue, up from 10% in FY2024 and under 10% in FY2023, with sales across all three reportable segments rather than a single line. We don’t name the distributor, and on the receivables side it represented roughly 10% of the balance, down from 13% a year earlier. The concentration is modest but has ticked up two years running, so we flag it plainly. An independent view estimates we hold roughly an 8.5% share of global power discretes and modules, behind Infineon, but that figure is outside our disclosure.
- tier: Estimate (~)
- source: ON / One distributor, 11%, and not named
- receipt: https://ticker.thevixguy.com/p/p-day-20260720-on-src-on-concentration-naming-conversation
- posted: 2026-07-20T00:09:25.561Z