HIGHOutside partyCustomer
55.7%
top-5 customers
“10-K Item 1A: 'For the year ended December 31, 2025, five customers represented 55.7% of aggregate revenue.'”
ADEA · Concentration risk · 10-K extracted
Adeia (ADEA) concentration risks
Updated
The most significant concentration Adeia discloses is top-5 customers at 55.7%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Adeia’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24Adeia's concentration profile is defined by a single customer-side disclosure: five customers represented 55.7% of aggregate revenue for the year ended December 31, 2025. By disclosed size this is a large share — more than half of total revenue generated by only five relationships — and the character of the exposure is one of dependency, since the company's licensing business is levered to the continuation and renewal of a small number of contracts with key licensees. The filing does not name the five customers or break out individual shares, so it is not possible to assess how the 55.7% aggregate is distributed within the group, whether it is dominated by one or two names or spread relatively evenly across the five. That opacity limits the ability to assess whether the risk is more of a single-name dependency or a portfolio of moderate individual exposures. There are no disclosed geographic, product, or supplier concentrations in the prompt. The profile is therefore entirely customer-driven — a licensing business where more than half of total revenue depends on a small set of counterparties renewing or maintaining agreements on terms favorable to Adeia. The mechanism through which this could affect results is contract non-renewal, renegotiation at lower royalty rates, or litigation by licensees challenging the validity or applicability of the underlying intellectual property. Because the company generates revenue through recurring license fees rather than per-unit product sales, changes in contract terms with even one or two of the five key customers could have a disproportionate effect on the reported total, making license renewal timelines and litigation outcomes the primary variables to watch.
For the engine’s reasoning on ADEA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Application
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ALKT | Alkami Technology, Inc. | 2 | 0 | 0 | 2 |
| ADSK | Autodesk, Inc. | 1 | 1 | 1 | 3 |
| ADEA● | Adeia Inc. | 1 | 0 | 0 | 1 |
| AGYS | Agilysys, Inc. | 0 | 2 | 0 | 2 |
| ADBE | Adobe Inc. | 0 | 0 | 0 | 0 |
| ADP | Automatic Data Processing, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.