From the electrification of cars to the boom of AI, the world is seeing everyday products growing in power at astounding rates in recent years, and the demand for electronic components has risen alongside. With our global reach, extensive data analytics, and commitment to the highest quality standards, we have been able to connect our customers to the parts they need across all market conditions as they develop the next generation of advanced technologies.
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- Bob Ackerley, Co-Founder and Director at Smith
Smith had one of our best years in our 40-plus-year history as a company. Despite the unexpected nature of the industry, our people worked exceptionally hard to fulfill our customers’ needs and grow the business. As the leader in independent electronic-component distribution, we are continually finding new and better ways to keep our customers’ supply chains flowing smoothly.
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- Lee Ackerley, Co-Founder and Director at Smith
Success
USD $3.45 billion
1 billion
parts shipped
in revenue
Growth
32%
increase in revenue year over year
36%
increase in shipments year over year
137
countries
served
Demand and Distribution
Demand by Industry
631% increase year over year
Demand by Part Type
Motherboards
![shutterstock_2610954765 [Converted].png](https://static.wixstatic.com/media/275a0d_fb9c07410719453bb440c5b9244cea47~mv2.png/v1/fill/w_81,h_65,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/shutterstock_2610954765%20%5BConverted%5D.png)
511%
increase year over year
Server Components
![shutterstock_2038071230 [Converted].png](https://static.wixstatic.com/media/275a0d_112d44e0be594a1286d54279c98fee4d~mv2.png/v1/fill/w_64,h_65,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/shutterstock_2038071230%20%5BConverted%5D.png)
644%
increase year over year
Awards and Recognitions
Smith is a known and respected leader in the semiconductor industry. We strive to exceed the expectations of our customers, employees, and communities, and
we are proud to be recognized for our efforts.
Electronics Sourcing North America Top Independent Distributor 2025
#1
#8
Supply Chain Connect Top Distributor 2025
Houston Business Journal Best Family-Owned Business Award Honoree
Comparably Best Company Outlook
Comparably Best Companies for Diversity
Comparably Best Companies for Women
Sean Trinh, Smith’s Chief Accounting Officer before his retirement at the end of the year, was named to Supply & Demand Chain Executive’s prestigious Pros to Know list for 2025.
Operations and Innovation
We expanded our capabilities with internal innovations designed to improve workflows and processes, allowing our teams to process orders more quickly without compromising quality.
Argus™
Launch
Leveraging proprietary AI software, our internally developed visual-inspection solution captures, stores, and analyzes high-resolution images of the surface of every component packaged in a reel to identify anomalies and flag parts for further evaluation. Learn More
SWIPE® Patent Issued
Servicing a variety of readable storage devices—including hard drives, SSDs, and memory modules—Smith’s patented SWIPE® technology assesses each device’s functionality, records identifying information, and permanently removes data in line with the highest standards for data erasure at scale. Learn More
Component Harvesting
This new process retrieves valuable components from obsolete SSDs for reuse and recycling, supporting our data center and hyperscaler partners’ sustainability goals and helping them work toward a circular economy.
Smith’s continued investments in quality excellence helped us to earn three new certifications and accreditations across our global facilities, ensuring that our products, services, and operational infrastructure adhere to highest standards.
Global ISO/IEC 27001:2022 Certification
Global ISO/IEC 17025 AS6171 Accreditation
AS9120 Certification in Singapore
Careers and Tenure
2025 was a year of significant change for Smith. Nick Bedford took over as CEO to lead our corporate strategy and worldwide operations following the retirement of Marc Barnhill, Smith’s inaugural CEO. Our executive team saw six additional promotions or title changes, strengthening Smith’s leadership structure to support our continued growth and dynamic business objectives.
103
promotions and title changes
99
new hires
Operations
Throughout 2025, we enhanced our existing sustainability practices to effect meaningful improvements across our business, with a particular focus on bettering the accuracy, scope, and consistency of our greenhouse-gas data.
Sustainability Recognition
EcoVadis Bronze Medal
CDP
B (Management) for Climate Change
CDP
C (Awareness) for Water Management
We also unveiled our CHARGE framework, enhancing Smith’s communication on environmental initiatives both internally and externally.
Sustainability
Events and Trade Shows
Smith attended and exhibited at eleven trade shows in 2025.
CES 2025
Reverse Logistics Association Conference and Expo
Del Mar Electronics and Manufacturing Show
Symposium on Counterfeit Parts and Materials
2025 Reverse Logistics Association EMEA Summit
electronica India
NEPCON JAPAN 2025
SC25
OCP 2025
ITAD Summit 2025
Nvidia GTC
The Marketing, IT, and Learning and Development departments collaborated to host four large-scale internal events, helping to connect Smith’s global workforce and keep them informed about the state of the company and the future of the industry.
ELEVATE Technology Summit
Special Presentation From Chris Miller, Author of Chip War
2025 Milestone Anniversary Party
Companywide Town Hall
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Smith experts were featured in:
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Supply Chain Connect
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Electronics Sourcing North America
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Procurement Pro
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Electronic Specifier
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Military + Aerospace Electronics
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120K LinkedIn followers
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36 press releases and blogs
Connections
250+
online-learning
courses developed
50
podcasts
produced
Learning and Development
Corporate Social Responsibility
Around the world, Smith and our employees get involved to help and enrich the communities around us. From donations and volunteering to ongoing mentorship, our people lend a hand to make a difference.
366
volunteers
28
total events
Overall, this was an incredibly successful year for Smith, driven by the strength and efforts of our people. We were able to navigate the various changing headwinds with agility, skill, and ingenuity, and we head into 2026 with stronger procedures in place to reinforce the exceptional service provided to our customers every day. We look forward to building new opportunities with our partners around the world and continuing to develop innovative supply chain solutions for many years to come.
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- Nick Bedford, CEO at Smith