This page shows Diodes Inc (DIOD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Diodes Inc has an operating margin of 2.4%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 28/100, suggesting thin profitability after operating expenses. This is down from 3.9% the prior year.
Diodes Inc's revenue grew 13.0% year-over-year to $1.5B, a solid pace of expansion. This earns a growth score of 55/100.
Diodes Inc carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Diodes Inc's current ratio of 3.32 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.
Diodes Inc has a free cash flow margin of 9.3%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.
Diodes Inc generates a 3.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 19/100. This is up from 2.5% the prior year.
Diodes Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Diodes Inc generates $3.26 in operating cash flow ($215.5M OCF vs $66.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Diodes Inc earns $12.8 in operating income for every $1 of interest expense ($35.5M vs $2.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Diodes Inc generated $1.5B in revenue in fiscal year 2025. This represents an increase of 13.0% from the prior year.
Diodes Inc's EBITDA was $179.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.5% from the prior year.
Diodes Inc reported $66.1M in net income in fiscal year 2025. This represents an increase of 50.2% from the prior year.
Diodes Inc earned $1.43 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.5% from the prior year.
Cash & Balance Sheet
Diodes Inc generated $137.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 195.5% from the prior year.
Diodes Inc held $367.2M in cash against $25.7M in long-term debt as of fiscal year 2025.
Diodes Inc had 46M shares outstanding in fiscal year 2025. This represents a decrease of 1.0% from the prior year.
Margins & Returns
Diodes Inc's gross margin was 31.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.0 percentage points from the prior year.
Diodes Inc's operating margin was 2.4% in fiscal year 2025, reflecting core business profitability. This is down 1.5 percentage points from the prior year.
Diodes Inc's net profit margin was 4.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.
Diodes Inc's ROE was 3.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.
Capital Allocation
Diodes Inc invested $162.2M in research and development in fiscal year 2025. This represents an increase of 21.0% from the prior year.
Diodes Inc spent $33.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Diodes Inc invested $78.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.3% from the prior year.
DIOD Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $391.6M-0.2% | $392.2M+7.1% | $366.2M+10.3% | $332.1M-2.1% | $339.3M-3.1% | $350.1M+9.5% | $319.8M+5.9% | $302.0M |
| Cost of Revenue | $269.6M-0.7% | $271.7M+8.3% | $250.9M+10.3% | $227.4M-0.4% | $228.4M-1.6% | $232.1M+9.3% | $212.4M+4.9% | $202.4M |
| Gross Profit | $121.9M+1.2% | $120.5M+4.5% | $115.3M+10.2% | $104.7M-5.6% | $110.9M-6.0% | $118.0M+9.9% | $107.4M+7.8% | $99.6M |
| R&D Expenses | $41.1M-1.7% | $41.9M+3.3% | $40.5M+4.9% | $38.6M+16.3% | $33.2M-1.4% | $33.7M+1.5% | $33.2M-2.3% | $34.0M |
| SG&A Expenses | $62.9M+4.0% | $60.5M+1.7% | $59.5M+1.3% | $58.7M-5.8% | $62.3M+4.9% | $59.4M+1.6% | $58.5M+8.8% | $53.7M |
| Operating Income | $13.2M+14.1% | $11.6M+23.3% | $9.4M+624.5% | $1.3M-89.1% | $11.9M-45.5% | $21.9M+490.0% | $3.7M-71.4% | $12.9M |
| Interest Expense | $1.3M+158.4% | $503K-0.6% | $506K+8.4% | $467K-5.5% | $494K+8.3% | $456K-46.5% | $852K+60.2% | $532K |
| Income Tax | $2.2M-39.5% | $3.6M-60.8% | $9.1M+45215.0% | $20K-99.0% | $2.0M-43.6% | $3.6M+36.9% | $2.6M-25.3% | $3.5M |
| Net Income | $10.2M-28.5% | $14.3M-69.0% | $46.1M+1138.9% | -$4.4M-153.8% | $8.2M-40.0% | $13.7M+71.8% | $8.0M-43.0% | $14.0M |
| EPS (Diluted) | N/A | $0.31-68.7% | $0.99+1090.0% | $-0.10 | N/A | $0.30+76.5% | $0.17-43.3% | $0.30 |
DIOD Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B-0.9% | $2.5B-0.1% | $2.5B+4.9% | $2.4B-1.3% | $2.4B-0.1% | $2.4B+1.2% | $2.4B+0.2% | $2.4B |
| Current Assets | $1.3B-1.3% | $1.3B+2.3% | $1.2B+1.6% | $1.2B+0.1% | $1.2B-3.0% | $1.3B+3.4% | $1.2B+1.6% | $1.2B |
| Cash & Equivalents | $367.2M-2.5% | $376.6M+18.8% | $317.0M-5.6% | $335.8M+8.8% | $308.7M-1.0% | $311.9M+17.8% | $264.7M-0.6% | $266.2M |
| Inventory | $471.5M+0.1% | $470.9M-2.4% | $482.7M+2.5% | $471.0M-0.8% | $474.9M-1.5% | $482.0M+4.4% | $461.5M+7.5% | $429.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $183.4M+0.2% | $183.1M-1.2% | $185.3M+1.7% | $182.3M+0.4% | $181.6M+22.2% | $148.5M+2.0% | $145.6M-0.9% | $146.9M |
| Total Liabilities | $509.7M-2.4% | $522.4M-2.8% | $537.4M+10.9% | $484.5M-6.3% | $517.3M+2.2% | $506.1M-0.7% | $509.5M-4.1% | $531.4M |
| Current Liabilities | $378.3M-1.4% | $383.8M+2.7% | $373.6M+4.7% | $356.9M-5.0% | $375.6M+6.5% | $352.8M-2.3% | $361.0M-4.3% | $377.3M |
| Long-Term Debt | $25.7M+3.3% | $24.9M-5.9% | $26.4M+28.7% | $20.5M-0.7% | $20.7M-6.8% | $22.2M+9.0% | $20.3M-2.8% | $20.9M |
| Total Equity | $1.9B-0.6% | $1.9B+0.6% | $1.9B+4.2% | $1.8B+0.3% | $1.8B-0.9% | $1.8B+2.1% | $1.8B+1.5% | $1.7B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DIOD Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $38.1M-51.8% | $79.1M+90.6% | $41.5M-26.8% | $56.7M-30.7% | $81.8M+50.5% | $54.4M+277.5% | $14.4M+146.2% | -$31.1M |
| Capital Expenditures | $25.7M+57.5% | $16.3M-20.2% | $20.4M+28.6% | $15.9M-19.3% | $19.7M+31.3% | $15.0M-16.4% | $17.9M-11.9% | $20.4M |
| Free Cash Flow | $12.4M-80.2% | $62.8M+198.0% | $21.1M-48.4% | $40.8M-34.2% | $62.1M+57.9% | $39.4M+1209.3% | -$3.5M+93.1% | -$51.5M |
| Investing Cash Flow | -$22.2M-44.6% | -$15.4M+69.4% | -$50.2M-76.2% | -$28.5M+58.9% | -$69.2M-283.5% | -$18.0M-43.6% | -$12.6M+31.3% | -$18.3M |
| Financing Cash Flow | -$24.0M-3288.0% | -$708K+97.5% | -$28.8M-2085.0% | -$1.3M+65.4% | -$3.8M-364.8% | $1.4M+107.1% | -$20.2M-733.4% | $3.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $23.8M | $0 | N/A | N/A | $0 | $0 | N/A | N/A |
DIOD Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.1%+0.4pp | 30.7%-0.8pp | 31.5%-0.0pp | 31.5%-1.2pp | 32.7%-1.0pp | 33.7%+0.1pp | 33.6%+0.6pp | 33.0% |
| Operating Margin | 3.4%+0.4pp | 2.9%+0.4pp | 2.6%+2.2pp | 0.4%-3.1pp | 3.5%-2.7pp | 6.3%+5.1pp | 1.2%-3.1pp | 4.3% |
| Net Margin | 2.6%-1.0pp | 3.6%-9.0pp | 12.6%+13.9pp | -1.3%-3.8pp | 2.4%-1.5pp | 3.9%+1.4pp | 2.5%-2.1pp | 4.7% |
| Return on Equity | 0.5%-0.2pp | 0.8%-1.7pp | 2.5%+2.7pp | -0.3%-0.7pp | 0.5%-0.3pp | 0.8%+0.3pp | 0.4%-0.4pp | 0.8% |
| Return on Assets | 0.4%-0.2pp | 0.6%-1.3pp | 1.9%+2.1pp | -0.2%-0.5pp | 0.4%-0.2pp | 0.6%+0.2pp | 0.3%-0.3pp | 0.6% |
| Current Ratio | 3.320.0 | 3.32-0.0 | 3.33-0.1 | 3.43+0.2 | 3.26-0.3 | 3.58+0.2 | 3.38+0.2 | 3.18 |
| Debt-to-Equity | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.01 |
| FCF Margin | 3.2%-12.8pp | 16.0%+10.3pp | 5.8%-6.5pp | 12.3%-6.0pp | 18.3%+7.1pp | 11.2%+12.3pp | -1.1%+16.0pp | -17.1% |
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Frequently Asked Questions
What is Diodes Inc's annual revenue?
Diodes Inc (DIOD) reported $1.5B in total revenue for fiscal year 2025. This represents a 13.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Diodes Inc's revenue growing?
Diodes Inc (DIOD) revenue grew by 13% year-over-year, from $1.3B to $1.5B in fiscal year 2025.
Is Diodes Inc profitable?
Yes, Diodes Inc (DIOD) reported a net income of $66.1M in fiscal year 2025, with a net profit margin of 4.5%.
What is Diodes Inc's EBITDA?
Diodes Inc (DIOD) had EBITDA of $179.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Diodes Inc have?
As of fiscal year 2025, Diodes Inc (DIOD) had $367.2M in cash and equivalents against $25.7M in long-term debt.
What is Diodes Inc's gross margin?
Diodes Inc (DIOD) had a gross margin of 31.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Diodes Inc's operating margin?
Diodes Inc (DIOD) had an operating margin of 2.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Diodes Inc's net profit margin?
Diodes Inc (DIOD) had a net profit margin of 4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Diodes Inc's return on equity (ROE)?
Diodes Inc (DIOD) has a return on equity of 3.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Diodes Inc's free cash flow?
Diodes Inc (DIOD) generated $137.2M in free cash flow during fiscal year 2025. This represents a 195.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Diodes Inc's operating cash flow?
Diodes Inc (DIOD) generated $215.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Diodes Inc's total assets?
Diodes Inc (DIOD) had $2.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Diodes Inc's capital expenditures?
Diodes Inc (DIOD) invested $78.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Diodes Inc spend on research and development?
Diodes Inc (DIOD) invested $162.2M in research and development during fiscal year 2025.
What is Diodes Inc's current ratio?
Diodes Inc (DIOD) had a current ratio of 3.32 as of fiscal year 2025, which is generally considered healthy.
What is Diodes Inc's debt-to-equity ratio?
Diodes Inc (DIOD) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Diodes Inc's return on assets (ROA)?
Diodes Inc (DIOD) had a return on assets of 2.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Diodes Inc's Piotroski F-Score?
Diodes Inc (DIOD) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Diodes Inc's earnings high quality?
Diodes Inc (DIOD) has an earnings quality ratio of 3.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Diodes Inc cover its interest payments?
Diodes Inc (DIOD) has an interest coverage ratio of 12.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Diodes Inc?
Diodes Inc (DIOD) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.