HIGHBuilt-inProduct / Revenue mix
cloud fax services
“10-K Item 1A: 'Cloud fax revenue constitutes substantially all of our revenues and our operating income.'”
CCSI · Concentration risk · 10-K extracted
Consensus Cloud Solutions (CCSI) concentration risks
Updated
The most significant concentration Consensus Cloud Solutions discloses is cloud fax services, 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: Consensus Cloud Solutions’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH2
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).
HIGHOutside partySupplier
telecommunications carriers
“10-K Item 1A: 'Only a small number of carriers in each region, and in some cases only one carrier, offer the number and network services we require.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Consensus Cloud Solutions is a single-product business: cloud fax revenue constitutes substantially all of its revenues and operating income, a structural concentration with no diversification cushion if fax demand erodes. That structural exposure is compounded by a supply-side dependency — in many regions only a small number of carriers, and in some cases only one, provide the network services the company requires, with size undisclosed in percentage terms but a high level of reliance. Together, these two facts describe a business whose entire earnings stream rests on one product line, delivered over networks it does not control and cannot easily substitute. The product concentration is the more fundamental of the two, since it defines what CCSI is; the carrier dependency is the more idiosyncratic tail risk, since a service disruption or a change in carrier terms in even one region could directly hit deliverability. Both are described in the 10-K as high-share exposures, and neither is offset elsewhere in the disclosed risk set.
For the engine’s reasoning on CCSI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Infrastructure
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CCSI● | Consensus Cloud Solutions, Inc. | 2 | 0 | 0 | 2 |
| AI | C3.ai, Inc. | 1 | 2 | 0 | 3 |
| AEVA | Aeva Technologies, Inc. | 1 | 0 | 0 | 1 |
| AIOT | PowerFleet, Inc. | 0 | 2 | 0 | 2 |
| ACIW | ACI Worldwide, Inc. | 0 | 0 | 0 | 0 |
| AKAM | Akamai Technologies, 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.