Littelfuse (LFUS) risk factors, 2025 10-K

Littelfuse's 2025 10-K lists 27 risk factors. No earlier 10-K is on file to compare against, so the most company-specific risks are read out below.

Open LFUS in Gloomberb →
Risk factors listed
270 groups
Section length
6k wordsItem 1A

What dominates the section

  • International exposure dominates: 63% of fiscal 2024 sales were outside the U.S., including 23% to China.
  • Manufacturing and product risks include global supply disruption, technological obsolescence, and a customer-related fuse recall.
  • Company-specific financial concerns include a material weakness in internal controls and environmental remediation of German coal mines.

The risks most specific to Littelfuse

  • The Company may incur material losses and costs as a result of defects in its products, including as a result of warranty claims, product recalls, and product liability

    A customer is investigating a product recall potentially involving Littelfuse fuses, which could create warranty, recall, and liability costs.

  • We have identified a material weaknesses in our internal control over financial reporting, and ineffective internal controls could impact the accuracy and timely reporting of our business and financial results

    A material weakness in internal financial controls could cause errors, misstatements, or delays in reporting business and financial results.

  • The Company is responsible for the maintenance of discontinued coal mining operations in Germany. The risk of environmental remediation exists, and the Company is in the process of remediating the mines considered to be the most at risk

    Littelfuse must maintain and remediate discontinued coal mines in Germany, including mines considered most at risk.

  • The Company is exposed to political, economic, and other risks that arise from operating a multinational business

    International operations and customers create political and economic exposure; foreign sales were 63% of fiscal 2024 revenue, including 23% from China.

  • Disruptions in the Company’s manufacturing, supply or distribution chain could result in an adverse impact on results of operations

    Damage, natural disasters, or political instability could shut down manufacturing, distribution, or supply networks.

  • The Company may be unable to manufacture and deliver products in a manner that is responsive to its customers’ needs

    Rapid technology changes, new products, customer requirements, and industry standards could make existing products obsolete before development costs are recovered.

  • The Company engages in strategic acquisitions and may not realize the anticipated benefits of the acquisitions and / or may encounter difficulties in integrating these businesses

    Future acquisitions may fail to deliver expected benefits or create integration difficulties as Littelfuse expands and diversifies.

  • Changes in U.S. and other countries trade policy, including the imposition of tariffs and the resulting consequences, may have a material adverse impact on our business and results of operations

    U.S. tariffs and changes to trade agreements could increase the cost of goods imported into the United States.

  • Customer demands and regulations related to conflict-free minerals may force the Company to incur additional expenses

    Conflict-minerals disclosure and sourcing requirements could force additional compliance expenses, particularly for metals used in semiconductor products.

All 27 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01The Company’s industry is subject to intense competitive pressures
  2. 02The Company engages in strategic acquisitions and may not realize the anticipated benefits of the acquisitions and / or may encounter difficulties in integrating these businesses
  3. 03Disruptions in the Company’s manufacturing, supply or distribution chain could result in an adverse impact on results of operations
  4. 04The Company may be unable to manufacture and deliver products in a manner that is responsive to its customers’ needs
  5. 05unmarketable before it can recover any or all of its research, development, and commercialization expenses on capital investments. Furthermore, the life cycles of its products may change and are difficult to estimate
  6. 06The Company’s business may be interrupted by labor disputes or other interruptions of supplies
  7. 07Failure to attract and retain qualified personnel could affect the Company’s business results
  8. 08The Company may not be successful in protecting its intellectual property
  9. 09The Company may incur material losses and costs as a result of defects in its products, including as a result of warranty claims, product recalls, and product liability
  10. 10Climate change, and the regulatory and legislative developments related to climate change, may have a material adverse impact on our business and results of operations
  11. 11Changes in U.S. and other countries trade policy, including the imposition of tariffs and the resulting consequences, may have a material adverse impact on our business and results of operations
  12. 12The Company is exposed to political, economic, and other risks that arise from operating a multinational business
  13. 13Environmental liabilities could adversely impact the Company’s financial position
  14. 14The Company is responsible for the maintenance of discontinued coal mining operations in Germany. The risk of environmental remediation exists, and the Company is in the process of remediating the mines considered to be the most at risk
  15. 15The tax rates applicable in the jurisdictions within which the Company operates vary widely. Therefore, the Company’s effective tax rate may be adversely affected by changes in the mix of its earnings by jurisdiction
  16. 16The Company’s ability to manage currency or commodity price fluctuations or supply shortages is limited
  17. 17A significant fluctuation between the U.S. dollar and other currencies could adversely impact the Company's revenue and earnings
  18. 18The Company’s revenues may vary significantly from period to period
  19. 19Reorganization activities may lead to additional costs and material adverse effects
  20. 20A decline in expected profitability of the Company or individual reporting units of the Company could result in the impairment of assets, including goodwill and other long-lived assets
  21. 21We have identified a material weaknesses in our internal control over financial reporting, and ineffective internal controls could impact the accuracy and timely reporting of our business and financial results
  22. 22The bankruptcy or insolvency of a major customer could adversely affect the Company
  23. 23The inability to maintain access to capital markets may adversely affect the Company’s business and financial results
  24. 24Fixed costs may reduce operating results if sales fall below expectations
  25. 25The volatility of the Company’s stock price could affect the value of an investment in the Company’s stock and future financial position
  26. 26The Company is exposed to, and may be adversely affected by, potential security breaches or other disruptions to its information technology systems and data security
  27. 27Customer demands and regulations related to conflict-free minerals may force the Company to incur additional expenses

Other Littelfuse 10-Ks

  • 2026 10-K risk factors

    27 risks. A product recall involving customer products and Company fuses creates potentially material warranty, recall, and liability exposure.

    Filed Feb 19, 2026

About this page

Item 1A of the 10-K on EDGAR was split into its risk factors and, where the company's previous 10-K is on file, each heading was matched to last year's and the text compared word for word. The headings are the filing's own. The one-line readings and the overview were written by a language model from the text of the new, dropped, and rewritten risks; they refer to risks by position and cannot misquote a heading.

Littelfuse (LFUS) Risk Factors: 2025 10-K, What Changed | Gloomberb