Updated
The most significant concentration Kodiak AI discloses is single or limited-source suppliers, 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.
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Source: Kodiak AI’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
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).
“10-K Item 1A: 'We rely on our third-party suppliers, OEMs, upfitters, service providers and partners, some of which are single or limited-source suppliers or providers of certain key components for, and services used in connection with, the Kodiak Driver.'”
“10-K Item 1A: 'for the year ended December 31, 2025, we recognized revenue from Atlas of $1.8 million, which represented 46% of our total revenue.'”
“10-K Item 1A: 'we recognized revenue from the U.S. Army of $1.0 million, $13.3 million, and $15.0 million, respectively, which represented 26%, 89%, and 89%, respectively, of our revenues in such periods.'”
Kodiak AI's concentration risk runs through both its supply chain and a small handful of early customers. The company relies on third-party suppliers, OEMs, upfitters, and partners for key components and services used in the Kodiak Driver, some of which are single or limited-source, a high-share dependency given the specialized nature of autonomous-trucking hardware. On the revenue side, Atlas Energy Solutions represented 46% of total revenue in the most recent year, a medium-share dependency on one commercial customer, while the U.S. Army represented 26% of revenue in the same period — also a medium-share exposure, though its mixed character reflects a blend of dynamics rather than a purely dependency-driven commercial relationship like the Atlas relationship. As an early-stage autonomous vehicle company, this combination of a concentrated, specialized supplier base and two medium-share customers — one commercial, one government — means results remain sensitive to a small number of relationships on both sides of the business. The government customer's mixed character suggests some of that revenue may carry different renewal dynamics than a purely commercial contract would, which is worth distinguishing from the Atlas relationship when assessing durability.
For the engine’s reasoning on KDK’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AI | C3.ai, Inc. | 1 | 2 | 0 | 3 |
| KDK● | Kodiak 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.