XML 42 R22.htm IDEA: XBRL DOCUMENT v3.26.1
Concentration of Risk
 12 Months Ended
Jan. 25, 2026
Risks and Uncertainties [Abstract]  
Concentration of Risk Concentration of Risk
The following significant customers accounted for at least 10% of the Company's net sales in one or more of the periods indicated:
Fiscal Year Ended
(percentage of net sales) (1)
January 25, 2026January 26, 2025January 28, 2024
Customer A11%10%*
Customer B14%13%10%
(1) In each period with an asterisk, the customer represented less than 10% of the Company's net sales.
The following table shows the customers that have an outstanding receivable balance that represents at least 10% of the Company's total net receivables as of one or more of the dates indicated:
(percentage of net receivables) (1)
January 25, 2026January 26, 2025
Customer A13%*
Customer B12%12%
Customer C12%12%
Customer D10%*
(1) In each period with an asterisk, the customer represented less than 10% of the Company's net receivables.
For fiscal years 2026, 2025 and 2024, authorized distributors accounted for approximately 74%, 72% and 66%, respectively, of the Company’s net sales. Generally, the Company does not have long-term contracts with its distributors and most can terminate their agreement with little or no notice. For fiscal year 2026, the Company's largest distributors were based in Asia.
Outside Subcontractors and Suppliers
The Company relies on a limited number of third-party subcontractors and suppliers for the supply of silicon wafers, chipsets and other electronic components, and for product manufacturing, packaging, testing and certain other tasks. Disruption or termination of supply sources or subcontractors have delayed and could in the future delay shipments and could have a material adverse effect on the Company. Although there are generally alternate sources for these materials and services, qualification of the alternate sources could cause delays sufficient to have a material adverse effect on the Company. A significant amount of the Company’s third-party subcontractors and suppliers, including third-party foundries that supply silicon wafers, are located in the U.S., China, Israel, Japan, Taiwan and Vietnam. A significant amount of the Company’s assembly and test operations are conducted by third-party contractors in China, Malaysia, Taiwan and Vietnam.