HIGHOutside partySupplier
sole or limited source suppliers
“10-K Item 1A: 'We rely on third party suppliers for our manufacturing operations including from sole or limited source suppliers'”
MIR · Concentration risk · 10-K extracted
Mirion Technologies (MIR) concentration risks
Updated
The most significant concentration Mirion Technologies discloses is sole 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.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Mirion Technologies’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 5 disclosed concentrations
HIGH1
MEDIUM3
LOW1
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-inGeographic
48%
United States and Canada
“10-K Item 1: 'Sales to customers inside the United States and Canada accounted for approximately 48% of total revenue for fiscal 2025'”
MEDIUMBuilt-inGeographic
33%
Europe
“10-K Item 1: 'an additional 33% and 17% of total revenue accounted for by sales to customers in Europe and Asia Pacific respectively'”
MEDIUMBuilt-in & outside partyCustomer
U.S. governmental customers
“10-K Item 1A: 'We derive a substantial portion of our U.S. revenue from contracts with U.S. governmental customers or their contractors'”
LOWBuilt-inGeographic
17%
Asia Pacific
“10-K Item 1: 'an additional 33% and 17% of total revenue accounted for by sales to customers in Europe and Asia Pacific respectively'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile spans supply, geography, and customer-type dimensions. The most acute disclosed exposure is reliance on third-party suppliers, including sole or limited source suppliers, for manufacturing operations — a high-share dependency that introduces the risk of production disruption if any sole-source relationship is interrupted. Unlike diversified supplier bases where volume can be shifted, sole-source arrangements leave limited operational recourse. Geographically, the United States and Canada accounted for approximately 48% of total revenue for fiscal 2025, and an additional 33% came from Europe — both medium-share structural exposures that together represent the majority of the revenue base. Asia Pacific contributed approximately 17% — a small-share structural exposure. The geographic distribution across three major regions provides some inherent diversification; no single geography appears to reach high-share at the individual level outside the U.S.-Canada combined figure. Layered on the geographic mix is a customer-type dependency: a substantial portion of U.S. revenue derives from contracts with U.S. governmental customers or their contractors — a medium-share, mixed-character exposure. Government contracts carry specific compliance, appropriations, and renewal risks distinct from commercial relationships. Taken together, the sole-source supply dependency is the sharpest risk in the profile, while the geographic and government-customer concentrations are structural and more gradual in their risk character. Investors should monitor sole-source supplier continuity and U.S. government contract renewals as the primary variables.
For the engine’s reasoning on MIR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Industrial Machinery
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CMI | Cummins Inc. | 2 | 1 | 0 | 3 |
| MIR● | Mirion Technologies, Inc. | 1 | 3 | 1 | 5 |
| AOS | A.O. Smith Corporation | 1 | 1 | 1 | 3 |
| CR | Crane Company | 0 | 1 | 0 | 1 |
| AME | AMETEK, Inc. | 0 | 0 | 1 | 1 |
| BW | Babcock & Wilcox Enterprises, I | 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.