Avnet's biggest risks in the FY2025 10-K
- Avnet faces supply chain concentration risk with one supplier generating ten percent of billings.
The risks most specific to Avnet
Changes in customer needs and consumption models
Changes in customer product demands and consumption models, including artificial intelligence technology shifts, could cause billings to decline.
Disruptions to key supplier and customer relationships
One key supplier accounted for approximately 10 percent of consolidated billings in fiscal 2025, and supplier contracts are generally terminable at will.
- Risks related to international operations
Internal information systems failures
Global operations rely on multiple information systems from acquired businesses that are subject to ongoing integration projects.
- Risks related to international operations
Data security and privacy threats
Cybersecurity threats like phishing and ransomware are becoming more frequent and sophisticated through artificial intelligence and machine learning.
- Financial Risks
Financing covenants and restrictions may limit management discretion
Financing agreements including credit facilities and securitization programs contain restrictive covenants limiting asset liens and restricted payments.
All 15 risk factors
Headings as the filing states them, in filing order.
Other
- 01Forward-Looking Statements and Risk Factors
- 02Changes in customer needs and consumption models
- 03Disruptions to key supplier and customer relationships
Risks related to international operations
- 04Internal information systems failures
- 05Data security and privacy threats
Financial Risks
- 06Accounts receivable defaults
- 07Liquidity and capital resources constraints
- 08Financing covenants and restrictions may limit management discretion
- 09Tax law changes and compliance
- 10Constraints on internal controls
- 11Acquisition expected benefits shortfall
Legal and Regulatory Risks
- 12Legal proceedings costs and damages
- 13Regulatory non-compliance
- 14Negative impacts of economic or geopolitical uncertainty, or a health crisis, on operations and financial results
- 15Employee retention and hiring constraints
Other Avnet 10-Ks
- FY2026 10-K risk factors15 risks1 reworded
Employee risk now adds restructuring, position eliminations, employer-brand damage, and morale and retention concerns.
Filed Aug 14, 2026
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.