Moxa Inc. Due Diligence

Run due diligence on Moxa Inc.: check compliance and get alerts when suppliers or ownership change.

Taiwan · owned by Independent (Taiwan) · moxa.com · 22 vendors

Moxa Inc. is a leading provider of industrial networking, computing, and automation solutions, specializing in connecting devices and systems for the Industrial Internet of Things (IIoT). The company offers a broad portfolio of products including industrial Ethernet switches, routers, gateways, serial servers, and embedded computers. Moxa serves customers across industries such as energy, transportation, manufacturing, and smart infrastructure worldwide.

Resilience scores

Technology vendors

Insights

Last updated 2026-10-08 · revision 8

22 direct vendors, 196 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

11 in-scope frameworks identified; showing 3.

GDPR (source) — Evidence found

Moxa has an operational presence in the EU (Germany) and markets its products and services to EU customers, making it highly likely they process personal data of individuals in the EU.

ISAE 3000 (source) — No public evidence

Moxa publishes annual sustainability reports and has its greenhouse gas emissions verified. An ISAE 3000 assurance report would be a logical next step to provide formal assurance over this non-financial information.

IEC 62443 (source) — Evidence found

As a supplier of industrial automation and control systems (IACS), adherence to this standard is a key customer requirement and a demonstration of product security.

Evidence: https://www.moxa.com/en/about-us/news-events/news/2026/dual-iec-62443-4-1-maturity-level-3-certifications, https://www.moxa.com/en/about-us/policies, https://www.thelec.net/news/articleView.html?idxno=12281, https://www.moxa.com/en/spotlight/portfolio/industrial-network-security/selection-guide, https://www.moxa.com/en/spotlight/portfolio/industrial-network-security/industrial-cybersecurity, https://www.moxa.com/en/about-us/policies/cyber-resilience-act-cra

Financials

Three-year financials

Financial Resilience Score: 7/10

Moxa demonstrates solid financial resilience based on qualitative indicators, despite being a privately held Taiwanese company that does not disclose full financial statements. The company has maintained consolidated revenue above USD 395 million for three consecutive years (2022-2024), demonstrating stability through industry cycles. Revenue dipped 10.8% in 2023 during the broader industrial-automation inventory correction but recovered 2.5% in 2024, showing resilience to cyclical pressures. The company self-describes as having a 'solid financial foundation' with no major regulatory violations and holds the highest third-party information security rating (Grade A). Strengths include diversified end-market exposure across structurally growing sectors (smart manufacturing, smart rail, smart grid, intelligent transportation, oil & gas, marine), a global distribution network reaching 91+ countries, 35+ years of industry experience, and strategic partnerships including the TXOne Networks JV with Trend Micro. The company maintains strong operational metrics with 94% new-hire retention and zero occupational accidents in 2024, plus SBTi-validated net-zero targets. Local procurement at 70.3% reduces supply chain risk. Key constraints on the resilience score include the inability to verify leverage, interest coverage, margins, or cash flow due to the absence of audited public financial statements. Geopolitical/trade restriction exposure, cyclicality demonstrated by the 2023 revenue decline, talent scarcity for R&D, and export control risks are material concerns. Overall, Moxa appears financially stable with a diversified industrial B2B base, but external stakeholders have limited visibility into profitability and balance sheet strength.

Key strengths: Revenue stability above USD 395M for three consecutive years (2022-2024), Diversified end-market exposure across smart manufacturing, rail, grid, transportation, oil & gas, marine, Global reach spanning 91+ countries with 35+ years of industry experience, Strategic partnerships including TXOne Networks JV with Trend Micro, Strong local procurement base (70.3% from Taiwan) reducing supply chain risk, SBTi-validated net-zero-by-2050 target with 12% GHG reduction vs 2023, 94% new-hire retention rate and zero occupational accidents in 2024, No major regulatory violations; Grade A information security rating, Self-described solid financial foundation enabling R&D investment

Risk factors: Geopolitical and trade policy restrictions affecting product and business development, Cyclicality demonstrated by 10.8% revenue decline in 2023, Trade and technology export controls potentially restricting key account business and parts access, Legal/ESG compliance exposure with potential fines from import/export regulation violations, Scarcity of key R&D talent affecting future growth technologies, Opacity for external stakeholders due to private status (no audited income statement, debt schedule, cash-flow statement, or equity disclosure), Increased customer credit limits raising counterparty exposure, Macroeconomic forecast revisions creating material shortages or over-supply

Workforce by country

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