For fiscal 2026 (ended Mar 31, 2026), Deswell Industries Inc. reported $61.33M of revenue and $10.63M of net income.
DSWL revenue was $61.33M for fiscal 2026 (ended Mar 31, 2026), down 9.3% from fiscal 2025. Compound annual growth was -1.1% over 5 years and +3.2% over 10 years. It rose in 3 of the last 10 fiscal years.
DSWL net income was $10.63M for fiscal 2026 (ended Mar 31, 2026), down 4.6% from fiscal 2025. Compound annual growth was +5.2% over 5 years. It rose in 3 of the last 5 fiscal years.
DSWL diluted EPS was $0.67 for fiscal 2026 (ended Mar 31, 2026), down 4.3% from fiscal 2025.
DSWL free cash flow was $4.71M for fiscal 2026 (ended Mar 31, 2026), down 64.3% from fiscal 2025. Compound annual growth was +11.4% over 5 years. It rose in 2 of the last 3 fiscal years.
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.33M | $67.61M | $69.37M | $77.34M | $85.98M | $64.89M | $65.37M | $66.58M | $60.67M | $44.52M |
| Cost of revenue | $47.61M | $53.97M | $55.47M | $64.50M | $72.03M | $51.72M | $53.50M | $56.31M | $50.95M | $37.07M |
| Gross profit | $13.72M | $13.64M | $13.90M | $12.84M | $13.95M | $13.17M | $11.86M | $10.27M | $9.71M | $7.45M |
| Selling, general and admin | $11.55M | $11.28M | $10.50M | $10.97M | $11.27M | $10.31M | $10.03M | $9.46M | $8.81M | $8.86M |
| Operating income | $1.98M | $3.31M | $3.79M | $2.89M | $2.76M | $3.26M | $1.41M | $533.0K | $1.80M | -$2.10M |
| Pre-tax income | $10.26M | $11.30M | $7.82M | $2.31M | $8.07M | $8.71M | -$947.0K | $4.42M | $6.20M | $1.58M |
| Income tax | -$363.0K | $162.0K | $110.0K | $255.0K | -$165.0K | $475.0K | $373.0K | $144.0K | $7.0K | $209.0K |
| Net income | $10.63M | $11.14M | $7.71M | $2.06M | $8.23M | $8.23M | -$1.32M | $4.27M | $6.19M | $1.38M |
| EPS, basic | $0.67 | $0.70 | $0.48 | $0.13 | $0.52 | $0.52 | -$0.08 | $0.27 | $0.39 | $0.09 |
| EPS, diluted | $0.67 | $0.70 | $0.48 | $0.13 | $0.51 | $0.51 | -$0.08 | $0.27 | $0.39 | $0.09 |
| Diluted shares | 15,922 | 15,953 | 15,999 | 16,072 | 16,135 | 16.0M | 15,914 | 16,059 | 15,985 | 16,035 |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $23.06M | $28.13M | $15.75M | $22.16M | $13.46M | $20.22M | $22.51M | $14.37M | $15.19M | $8.08M |
| Short-term investments | $27.87M | $25.18M | $23.03M | $20.72M | $24.50M | $22.37M | $19.44M | $24.45M | $17.28M | $16.33M |
| Receivables | $11.43M | $9.91M | $11.99M | $15.70M | $18.20M | $14.71M | $12.30M | $15.73M | $15.91M | $13.16M |
| Inventory | $11.75M | $9.46M | $12.13M | $17.32M | $23.82M | $16.19M | $8.58M | $13.03M | $12.93M | $10.69M |
| Current assets | $106.89M | $96.49M | $83.25M | $81.16M | $87.82M | $78.69M | $65.37M | $69.96M | $68.91M | $56.09M |
| Total assets | $129.96M | $120.21M | $111.08M | $110.38M | $115.41M | $107.86M | $95.38M | $100.17M | $100.40M | $90.99M |
| Current liabilities | $20.36M | $17.72M | $16.43M | $20.25M | $23.97M | $21.21M | $14.31M | $16.20M | $19.12M | $14.79M |
| Total liabilities | $20.57M | $18.09M | $16.91M | $20.73M | $24.63M | $22.17M | $15.06M | $15.55M | $18.34M | $13.90M |
| Shareholders' equity | $109.39M | $102.12M | $94.17M | $89.65M | $90.78M | $85.69M | $80.32M | $83.96M | $81.28M | $76.20M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.20M | $13.53M | $13.21M | $13.00M | -$183.0K | $3.30M | $13.12M | $2.17M | $5.70M | -$1.08M |
| Capital expenditures | $481.0K | $332.0K | $381.0K | $792.0K | $1.50M | $551.0K | $507.0K | $878.0K | $1.71M | $2.15M |
| Free cash flow | $4.71M | $13.20M | $12.83M | $12.21M | -$1.69M | $2.75M | $12.61M | $1.29M | $3.99M | -$3.23M |
| Investing cash flow | -$6.91M | $2.04M | -$16.43M | -$1.11M | -$3.43M | -$2.72M | -$2.66M | -$1.40M | $2.53M | -$280.0K |
| Financing cash flow | -$3.36M | -$3.19M | -$3.19M | -$3.19M | -$3.14M | -$2.86M | -$2.32M | -$1.59M | -$1.11M | -$2.56M |
| Dividends paid | $3.19M | $3.19M | $3.19M | $3.19M | $3.19M | $2.86M | $2.39M | $1.59M | $1.11M | $2.25M |
| Share repurchases | - | - | - | - | - | - | - | - | - | $308.0K |
| Stock-based compensation | - | - | - | - | - | - | - | - | - | $0 |
| Depreciation and amortization | $1.48M | $1.52M | $1.52M | $1.71M | $1.74M | $1.75M | $1.97M | $2.11M | $2.14M | $2.13M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -9.3% | -2.5% | -10.3% | -10.1% | 32.5% | -0.7% | -1.8% | 9.7% | 36.3% | -0.1% |
| Net income growth, YoY | -4.6% | 44.5% | 274.4% | -75.0% | 0.0% | - | - | -31.0% | 349.9% | - |
| EPS growth, YoY | -4.3% | 45.8% | 269.2% | -74.5% | - | - | - | -30.8% | 333.3% | - |
| Gross margin | 22.4% | 20.2% | 20.0% | 16.6% | 16.2% | 20.3% | 18.1% | 15.4% | 16.0% | 16.7% |
| Operating margin | 3.2% | 4.9% | 5.5% | 3.7% | 3.2% | 5.0% | 2.2% | 0.8% | 3.0% | -4.7% |
| Net margin | 17.3% | 16.5% | 11.1% | 2.7% | 9.6% | 12.7% | -2.0% | 6.4% | 10.2% | 3.1% |
| Free cash flow margin | 7.7% | 19.5% | 18.5% | 15.8% | -2.0% | 4.2% | 19.3% | 1.9% | 6.6% | -7.3% |
| Return on equity | 9.7% | 10.9% | 8.2% | 2.3% | 9.1% | 9.6% | -1.6% | 5.1% | 7.6% | 1.8% |
| Return on assets | 8.2% | 9.3% | 6.9% | 1.9% | 7.1% | 7.6% | -1.4% | 4.3% | 6.2% | 1.5% |
| Current ratio | 5.25 | 5.45 | 5.07 | 4.01 | 3.66 | 3.71 | 4.57 | 4.32 | 3.60 | 3.79 |
Source: XBRL data Deswell Industries Inc. files with the SEC, latest filing dated Jul 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
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.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| DSWL | $61.33M | -9.3% | $10.63M | 17.3% | $48.3M |
| ENTG | $3.52B | +9.4% | $392.80M | 11.1% | $19.55B |
| ATR | $3.99B | +9.0% | $267.19M | 6.7% | $9.03B |
| AWI | $1.75B | +9.1% | $320.90M | 18.4% | $7.16B |
| NWL | $7.31B | +0.8% | -$323.00M | -4.4% | $2.33B |
| MYE | $857.49M | +24.8% | $28.67M | 3.3% | $1.01B |
| SWIM | $596.91M | +11.9% | $9.27M | 1.6% | $924.3M |
| KRT | $503.61M | +11.0% | $47.99M | 9.5% | $668.5M |
| CMT | $286.23M | +9.4% | $6.98M | 2.4% | $191.6M |