THIEF RIVER FALLS, Minn., Jan. 2, 2026 – DigiKey, the leading global electronic components and automation products distributor, has been ranked #171 on the 2025 list of America’s Top Private Companies by Forbes. This is the fourth consecutive year the company has been included on the list.
Forbes has been tracking the top private companies in America for 40 years. This year’s list includes 200 U.S.-based companies that have reported revenue over $3 billion for the 2024 fiscal year. DigiKey is one of only eight companies in the Capital Goods category, ranking #6. Seven Minnesota-based companies are included on the list, with DigiKey ranking #4 within the state. The full list can be viewed on the Forbes website.
“DigiKey is honored to be recognized by Forbes for the fourth year in a row as one of the top private companies in America,” said Shane Zutz, vice president of human resources for DigiKey. “Our continued inclusion on the list is a testament to our innovative and dedicated team across the globe. We look forward to ongoing growth and delivering best-in-class service to our supplier partners and customers in 2026.”
DigiKey has seen consistent and sustained growth, driven by the momentum established throughout 2025. With more customers than ever–an increase of more than 6% from 2024–investments in web experience, export compliance, automation, inventory depth and breadth, new product introductions, localization and price competitiveness have contributed to its ongoing success.
About DigiKey
DigiKey, headquartered in Thief River Falls, Minn., USA, is recognized as the global leader and continuous innovator in the cutting-edge commerce distribution of electronic components and automation products worldwide. We get technical by providing more than 17 million components from over 3,000 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. DigiKey also supports engineers, designers, builders and procurement professionals with a wealth of digital solutions, frictionless interactions and tools to make their jobs more efficient.
