SEC filings · customer concentration · AKBA

Akebia Therapeutics's major customers

Fresenius Medical Care Rx accounted for 30% of Akebia Therapeutics's revenue in FY 2025, down from 48% a year earlier.

3major customers now
84%of revenue from them
0listed suppliers depending on it
2018–2026years covered
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Major customers of Akebia Therapeutics

Customers that Akebia Therapeutics named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Fresenius Medical Care Rx30%▼ from 48%FY 2019: 21%FY 2020: 29%FY 2021: 33%FY 2022: 34%FY 2023: 40%FY 2024: 48%FY 2025: 30%7 yearsFY 2025 · filed 26 Feb 2026
U.S.Renal Care29%newFY 2025: 29%1 yearFY 2025 · filed 26 Feb 2026
Da VitaDVA25%newFY 2025: 25%1 yearFY 2025 · filed 26 Feb 2026

Formerly disclosed

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Otsuka Pharmaceutical20%last FY 2022FY 2018: 90%FY 2019: 45%FY 2020: 29%FY 2021: 14%FY 2022: 20%5 yearsFY 2022 · filed 14 Mar 2024
CencoraCOR19%last FY 2024FY 2022: 15%FY 2023: 21%FY 2024: 19%3 yearsFY 2024 · filed 26 Feb 2026
AmerisourceBergen15%last FY 2022FY 2019: 10%FY 2020: 12%FY 2021: 16%FY 2022: 15%4 yearsFY 2022 · filed 10 Mar 2023
McKessonMCK12%last FY 2024FY 2020: 11%FY 2021: 13%FY 2023: 11%FY 2024: 12%4 yearsFY 2024 · filed 26 Feb 2026
Cardinal HealthCAH10%last FY 2023FY 2021: 11%FY 2023: 10%2 yearsFY 2023 · filed 26 Feb 2026

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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