DigiKey Achieves Significant Milestone on Forbes 2025 Top Private Companies List

DigiKey's Recognition by Forbes for 2025

On December 22, 2025, DigiKey, the leading distributor of electronic components and automation products, received notable recognition on the Forbes 2025 list of America's Top Private Companies, achieving the #171 position. This marks the fourth consecutive year that DigiKey has made it onto this prestigious list, confirming its status as a significant player in the industry.

Forbes has been compiling this annual list for 40 years, featuring the top U.S.-based private companies that reported revenues exceeding $3 billion for the previous fiscal year. DigiKey stands out as one of only eight firms recognized in the Capital Goods category, where it impressively ranks #6. Among the list of companies from Minnesota, DigiKey holds the #4 position, further emphasizing its importance within the state's economy.

“Being ranked among America’s leading private companies for the fourth year in a row is a tremendous honor for DigiKey,” stated Shane Zutz, the company's Vice President of Human Resources. “This recognition reflects the hard work and dedication of our global team as we strive to innovate and provide exemplary service to our customers and partners.”

The year 2025 has seen DigiKey maintain a consistent growth trajectory, fueled by a significant increase in its customer base, which grew by over 6% compared to 2024. Key investments in enhancing the user experience on their website, improving export compliance, and increasing automation have played a vital role in this continued success. In addition, DigiKey's extensive inventory selection and competitive pricing strategies have also contributed to its strong performance.

DigiKey is well noted for providing over 17 million electronic components sourced from more than 3,000 quality global manufacturers. The company has committed itself to excellence through constant innovation, serving engineers, designers, builders, and procurement pros by offering them digital tools that streamline their work processes.

In light of its impressive offerings and ongoing efforts, DigiKey anticipates further advancements in 2026, aiming to not only meet but exceed the expectations of its client base. For those interested in learning more about DigiKey or exploring its extensive range of products and services, further details can be found at DigiKey.com.

About DigiKey

Headquartered in Thief River Falls, Minnesota, DigiKey holds a prominent position as a global distributor in the electronic components sector. As a pioneer in the industry, DigiKey is dedicated to supporting the electronics community with a wealth of resources designed to foster innovation and efficiency.

For additional insights and information, follow DigiKey on various platforms including Facebook, X, YouTube, Instagram, and LinkedIn.