HIGHBuilt-inProduct / Revenue mix
57%
Display Solutions Segment
“10-K Item 1: 'the Lighting Segment, which represented 43% of our fiscal 2025 net sales and the Display Solutions Segment, which represented 57% of our fiscal 2025 net sales'”
LYTS · Concentration risk · 10-K extracted
LSI Industries (LYTS) concentration risks
Updated
The most significant concentration LSI Industries discloses is Display Solutions Segment at 57%, 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.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: LSI Industries’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
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).
MEDIUMBuilt-inCustomer
refueling and convenience store and grocery markets
“10-K Item 1A: 'The Company has a concentration of sales in the refueling and convenience store and grocery markets.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-11LSI Industries' concentrations are structural and sit mainly in its business mix and end markets. The Display Solutions Segment represented 57% of fiscal 2025 net sales, with the Lighting Segment representing 43%. The company is therefore tilted toward one segment, though it is not a single-product business. The 10-K also discloses that the company has a concentration of sales in the refueling and convenience store and grocery markets. This end-market overlap matters because it compounds the segment tilt: Display Solutions demand is tied to the capital spending cycles of a relatively narrow set of retail verticals, so a pullback in store remodel or build programs would weigh on both the segment and the broader sales base. Both exposures are structural rather than counterparty-specific. Neither the sources nor the filing identify a single named customer or supplier, which limits the risk of an idiosyncratic shock from one account. Netted together, the verdict depends most on retail-vertical spending cycles, with the segment split determining how much of that cyclicality reaches consolidated results. All of this is disclosed in the most recent 10-K.
For the engine’s reasoning on LYTS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Electronic Components
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| APH | Amphenol Corporation | 2 | 1 | 1 | 4 |
| BELFB | Bel Fuse Inc. | 2 | 1 | 0 | 3 |
| BHE | Benchmark Electronics, Inc. | 2 | 0 | 0 | 2 |
| ALNT | Allient Inc. | 1 | 1 | 0 | 2 |
| LYTS● | LSI Industries Inc. | 1 | 1 | 0 | 2 |
| BELFA | Bel Fuse Inc. | 0 | 2 | 0 | 2 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.