Digi-Key Revenue, Growth & Competitor Profile

DBA DIGI-KEY ELECTRONICS

Company Profile & Annual Report for Digi-Key

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Digi-Key Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	4236 Electrical & Electronic Goods Merchant Wholesalers
Address	701 Brooks Ave S Thief River Falls, MN 56701

Note: Revenues for privately held companies are statistical evaluations.


Digi-Key's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Digi-Key's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Digi-Key is classified as operating in the Electrical & Electronic Goods Merchant Wholesalers industry, NAICS Code 4236.

Digi-Key Annual Revenue and Growth Rate

Digi-Key	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Digi-Key's revenues are gauged from an analysis of company filings.

Digi-Key's Income Statement (based on Industry Averages)

Digi-Key P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Digi-Key is developing and marketing. Digi-Key's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
DIGIKEY Custom printed circuit boards; solderless breadboards for prototyping electronic circuits; solderable breadboards for prototyping electronic circuits	05/15/2023
DIGIKEY STANDARD Solderless breadboards for use in prototyping electronic circuits; solderable breadboards; batteries	02/01/2022
DK RED Custom manufacture of printed circuit boards	03/10/2021

See all trademarks and details in the Full Report.

Market Share of Digi-Key's Largest Competitors

A competitive analysis shows these companies are in the same general field as Digi-Key, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
ARROW ELECTRONICS	Centennial, CO	100
WESCO DISTRIBUTION	Pittsburgh, PA	72
SONY CORPORATION	New York, NY	61
DISH NETWORK	Englewood, CO	59
PANASONIC CORPORATION OF NORTH	Newark, NJ	56
CONSOLIDATED ELECTRICAL DISTRIBUTORS	Irving, TX	47
REXEL USA	Dallas, TX	41
GRAYBAR ELECTRIC	Saint Louis, MO	39
TTI	Fort Worth, TX	22

Nearby Competitors

These companies are similar in business line and location to Digi-Key. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
DIGI-KEY	Thief River Falls, MN	100
MATTRACKS	Karlstad, MN	1
EVERGREEN IMPLEMENT	Warren, MN	1
ST. HILAIRE SUPPLY	St. Hilaire, MN	1
NORTHERN PLAINS TRACK	Warren, MN	0

Future Competition: Digi-Key's Fastest Growing Competitors

These companies are in the same general field as Digi-Key and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)