Financials · DIOD

Diodes Incorporated (DIOD) financials

For the twelve months ended Sep 30, 2026, Diodes Incorporated reported $1.78B of revenue and $115.52M of net income.

Revenue, TTM
$1.78B
Revenue growth, YoY
+24.2%
Net income, TTM
$115.52M
Net income growth, YoY
+80.0%
Net margin
6.5%
Free cash flow, TTM
$123.62M
EPS, diluted, TTM
$2.50
EPS growth, YoY
+81.2%
Cash
$563.38M
Total debt
$393.55M
P/E
30.84
P/S
2.01
Market cap
$3.56B
Annual revenue$1.48B
FY2016FY2025
Annual net income$66.14M
FY2016FY2025
Annual free cash flow$137.15M
FY2016FY2025

DIOD revenue and earnings growth

DIOD revenueQ3 2026$532.59M

Quarter YoY
+35.8%
QoQ
+19.5%
FY YoY
+13.0%
5Y CAGR
+3.8%
10Y CAGR
+5.7%

DIOD revenue was $532.59M in fiscal Q3 2026 (ended Sep 30, 2026), up 35.8% from a year earlier and up 19.5% from the prior quarter. For the full fiscal 2025 it was $1.48B, up 13.0% from fiscal 2024. Compound annual growth was +3.8% over 5 years and +5.7% over 10 years. It rose in 7 of the last 10 fiscal years.

DIOD net incomeQ3 2026$43.71M

Quarter YoY
+206.1%
QoQ
-6.3%
FY YoY
+50.2%
5Y CAGR
-7.6%
10Y CAGR
+10.5%

DIOD net income was $43.71M in fiscal Q3 2026 (ended Sep 30, 2026), up 206.1% from a year earlier and down 6.3% from the prior quarter. For the full fiscal 2025 it was $66.14M, up 50.2% from fiscal 2024. Compound annual growth was -7.6% over 5 years and +10.5% over 10 years. It rose in 4 of the last 7 fiscal years.

DIOD EPSQ3 2026$0.95

Quarter YoY
+206.5%
QoQ
-5.0%
FY YoY
+50.5%
5Y CAGR
-5.3%
10Y CAGR
+11.3%

DIOD diluted EPS was $0.95 in fiscal Q3 2026 (ended Sep 30, 2026), up 206.5% from a year earlier and down 5.0% from the prior quarter. For the full fiscal 2025 it was $1.43, up 50.5% from fiscal 2024. Compound annual growth was -5.3% over 5 years and +11.3% over 10 years.

DIOD free cash flowQ3 2026$43.92M

Quarter YoY
-30.1%
QoQ
+26.0%
FY YoY
+195.5%
5Y CAGR
+4.2%

DIOD free cash flow was $43.92M in fiscal Q3 2026 (ended Sep 30, 2026), down 30.1% from a year earlier and up 26.0% from the prior quarter. For the full fiscal 2025 it was $137.15M, up 195.5% from fiscal 2024. Compound annual growth was +4.2% over 5 years. It rose in 5 of the last 9 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.48B$1.31B$1.66B$2.00B$1.81B$1.23B$1.25B$1.21B$1.05B$942.16M
Cost of revenue$1.02B$875.26M$1.00B$1.17B$1.13B$798.09M$783.32M$778.71M$697.43M$655.24M
Gross profit$462.44M$435.86M$658.18M$827.24M$670.36M$431.12M$465.81M$435.28M$356.78M$286.92M
Research and development$162.18M$134.05M$134.87M$126.32M$119.20M$94.29M$88.52M$86.29M$77.88M$69.94M
Selling, general and admin$241.61M$233.91M$257.94M$280.88M$257.71M$185.07M$181.34M$176.20M$168.59M$158.32M
Operating income$35.46M$50.45M$250.57M$408.19M$275.99M$134.33M$200.61M$154.48M$79.41M$37.99M
Interest expense$2.78M$2.33M$5.70M$8.32M$7.49M$11.66M$7.89M$9.90M$13.45M$13.26M
Pre-tax income$83.96M$62.68M$277.93M$395.94M$315.10M$120.34M$198.25M$149.96M$62.59M$25.04M
Income tax$14.79M$11.84M$47.28M$56.69M$78.81M$21.11M$44.13M$44.56M$62.33M$6.56M
Net income$66.14M$44.02M$227.18M$331.28M$228.76M$98.09M$153.25M$104.02M-$1.80M$15.94M
EPS, basic$1.43$0.95$4.96$7.31$5.11$1.92$3.02$2.09-$0.04$0.33
EPS, diluted$1.43$0.95$4.91$7.20$5.00$1.88$2.96$2.04-$0.04$0.32
Diluted shares46.4M46.4M46.3M46.0M45.8M52.1M51.9M50.9M48.8M49.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$367.21M$308.67M$315.46M$336.73M$363.60M$268.06M$258.39M$241.05M$203.82M$247.80M
Short-term investments$9.82M$7.46M$10.17M$7.06M$6.54M$6.14M$4.83M$7.50M$4.56M$29.84M
Receivables$307.06M$325.52M$371.93M$369.23M$358.50M$320.06M$260.32M$228.41M$200.11M$217.22M
Inventory$471.55M$474.95M$389.77M$360.28M$348.62M$307.06M$236.47M$215.44M$216.51M$193.48M
Current assets$1.26B$1.22B$1.19B$1.16B$1.19B$1.02B$809.96M$734.84M$662.32M$732.78M
Goodwill$183.44M$181.56M$146.56M$144.76M$149.89M$158.33M$141.32M$132.44M$134.19M$129.41M
Total assets$2.45B$2.39B$2.37B$2.29B$2.19B$1.98B$1.64B$1.53B$1.49B$1.53B
Current liabilities$378.34M$375.60M$393.50M$432.53M$471.03M$509.76M$285.32M$254.02M$247.16M$185.37M
Short-term debt$1.44M$1.10M$4.42M$1.69M$17.38M$21.86M$33.10M$27.61M$20.64M$14.36M
Total debt$25.67M$20.66M$21.40M$150.35M$284.96M$312.25M$98.64M$215.19M$270.08M$429.84M
Total liabilities$509.69M$517.33M$557.98M$705.39M$891.77M$963.33M$486.60M$548.94M$614.75M$708.09M
Shareholders' equity$1.88B$1.87B$1.81B$1.58B$1.30B$1.02B$1.15B$977.43M$873.92M$820.47M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$215.51M$119.44M$280.91M$392.50M$338.54M$187.22M$229.77M$185.57M$181.12M$124.74M
Capital expenditures$78.36M$73.02M$150.77M$211.73M$141.19M$75.81M$98.50M$87.51M$111.16M$58.55M
Free cash flow$137.15M$46.41M$130.15M$180.77M$197.35M$111.41M$131.27M$98.06M$69.96M$66.19M
Investing cash flow-$116.18M-$118.04M-$158.32M-$265.26M-$144.23M-$106.77M-$100.43M-$88.94M-$78.91M-$26.41M
Financing cash flow-$54.81M-$19.34M-$144.72M-$125.71M-$158.44M-$54.30M-$112.43M-$51.91M-$158.18M-$63.46M
Share repurchases$33.81M$0$0$0$0$296.70M--$8.74M$18.01M
Stock-based compensation$25.75M$22.77M$30.91M$36.29M$33.20M$25.26M$20.54M$20.74M$18.61M$14.03M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY13.0%-21.1%-16.9%10.8%46.9%-1.6%2.9%15.2%11.9%11.0%
Net income growth, YoY50.2%-80.6%-31.4%44.8%133.2%-36.0%47.3%---34.4%
EPS growth, YoY50.5%-80.7%-31.8%44.0%166.0%-36.5%45.1%---34.7%
Gross margin31.2%33.2%39.6%41.3%37.1%35.1%37.3%35.9%33.8%30.5%
Operating margin2.4%3.8%15.1%20.4%15.3%10.9%16.1%12.7%7.5%4.0%
Net margin4.5%3.4%13.7%16.6%12.7%8.0%12.3%8.6%-0.2%1.7%
Free cash flow margin9.3%3.5%7.8%9.0%10.9%9.1%10.5%8.1%6.6%7.0%
Return on equity3.5%2.4%12.6%20.9%17.6%9.7%13.3%10.6%-0.2%1.9%
Return on assets2.7%1.8%9.6%14.5%10.4%5.0%9.3%6.8%-0.1%1.0%
Current ratio3.323.263.022.692.522.012.842.892.683.95
Debt to equity0.010.010.010.090.220.310.090.220.310.52

Source: XBRL data Diodes Incorporated files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

DIOD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DIOD$1.78B+24.2%$115.52M6.5%$3.56B
MPWR$3.74B+40.5%$893.25M23.9%$58.06B
STM$11.80B-11.1%$166.00M1.4%$37.24B
ON$6.37B+2.9%$689.10M10.8%$24.64B
VSH$3.51B+17.6%$95.24M2.7%$3.57B

DIOD FAQ

9 questions
  • What is DIOD revenue?
    Diodes Incorporated (DIOD) reported $1.78B of revenue for the twelve months ended Sep 30, 2026. That is up 24.2% from the year before. Revenue for fiscal 2025 was $1.48B.
  • Is DIOD profitable?
    Yes. Diodes Incorporated earned $115.52M in net income for the twelve months ended Sep 30, 2026, a net margin of 6.5%.
  • How much cash and debt does DIOD have?
    Diodes Incorporated reported $563.38M in cash and cash equivalents and $393.55M of debt on its most recent balance sheet in SEC filings.
  • How fast is DIOD revenue growing?
    Diodes Incorporated's revenue changed +13.0% in fiscal 2025, to $1.48B. Its compound annual growth rate was +3.8% over 5 years and +5.7% over 10 years.
  • What is DIOD gross margin?
    Diodes Incorporated's gross profit was $590.75M on $1.78B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 33.3%.
  • What is DIOD free cash flow?
    Diodes Incorporated generated $123.62M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $268.06M less capital expenditures.
  • What is DIOD earnings per share?
    Diluted earnings per share were $2.50 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did DIOD last report financial results?
    The latest statements here come from Diodes Incorporated's 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this DIOD financial data come from?
    Quantisnow builds these statements from the structured XBRL data Diodes Incorporated files with the SEC. It is provided for information only and is not investment advice.