DIODES INC /DEL/ DIOD
Diodes Incorporated, together with its subsidiaries (collectively the "Company," "we," or "our" (Nasdaq: DIOD)), delivers high-quality semiconductor products to the world's leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. We leverage our expanded product portfolio of analog and power solutions combined with a flexible hybrid manufacturing model that meet customers' needs. Our broad range of application-specific products, delivered through a total solutions sales approach and supported by global operations including engineering, testing, manufacturing, and customer service, enable us to be a premier provider for high-growth markets. For more information, visit www.diodes.com.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.48B | $1.31B | $1.66B | $2.00B | $1.81B | $1.23B | $1.25B | $1.21B | $1.05B | $942.2M |
| Cost of revenue | $1.02B | $875.3M | $1.00B | $1.17B | $1.13B | $798.1M | $783.3M | $778.7M | $697.4M | $655.2M |
| Gross profit | $462.4M | $435.9M | $658.2M | $827.2M | $670.4M | $431.1M | $465.8M | $435.3M | $356.8M | $286.9M |
| R&D | $162.2M | $134.1M | $134.9M | $126.3M | $119.2M | $94.3M | $88.5M | $86.3M | $77.9M | $69.9M |
| SG&A | $241.6M | $233.9M | $257.9M | $280.9M | $257.7M | $185.1M | $181.3M | $176.2M | $168.6M | $158.3M |
| Total operating expenses | $427.0M | $385.4M | $407.6M | $419.0M | $394.4M | $296.8M | $265.2M | $280.8M | $277.4M | $248.9M |
| Operating income | $35.5M | $50.5M | $250.6M | $408.2M | $276.0M | $134.3M | $200.6M | $154.5M | $79.4M | $38.0M |
| Interest expense | $2.8M | $2.3M | $5.7M | $8.3M | $7.5M | $11.7M | $7.9M | $9.9M | $13.4M | $13.3M |
| Pre-tax income | $84.0M | $62.7M | $277.9M | $395.9M | $315.1M | $120.3M | $198.2M | $150.0M | $62.6M | $25.0M |
| Income tax | $14.8M | $11.8M | $47.3M | $56.7M | $78.8M | $21.1M | $44.1M | $44.6M | $62.3M | $6.6M |
| Net income | $66.1M | $44.0M | $227.2M | $331.3M | $228.8M | $98.1M | $153.2M | $104.0M | -$1.8M | $15.9M |
| 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 |
| Shares, diluted (wtd. avg.) | $46.4M | $46.4M | $46.3M | $46.0M | $45.8M | $52.1M | $51.9M | $50.9M | $48.8M | $49.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $367.2M | $308.7M | $315.5M | $336.7M | $363.6M | $268.1M | $258.4M | $241.1M | $203.8M | $247.8M |
| Short-term investments | $9.8M | $7.5M | $10.2M | $7.1M | $6.5M | $6.1M | $4.8M | $7.5M | $4.6M | $29.8M |
| Receivables | $307.1M | $325.5M | $371.9M | $369.2M | $358.5M | $320.1M | $260.3M | $228.4M | $200.1M | $217.2M |
| Inventory | $471.5M | $474.9M | $389.8M | $360.3M | $348.6M | $307.1M | $236.5M | $215.4M | $216.5M | $193.5M |
| Total current assets | $1.26B | $1.22B | $1.19B | $1.16B | $1.19B | $1.02B | $810.0M | $734.8M | $662.3M | $732.8M |
| Property, plant and equipment | $649.6M | $684.3M | $746.2M | $736.7M | $582.1M | $530.8M | $469.6M | $446.8M | $459.2M | $402.0M |
| Goodwill | $183.4M | $181.6M | $146.6M | $144.8M | $149.9M | $158.3M | $141.3M | $132.4M | $134.2M | $129.4M |
| Other intangibles | $45.5M | $67.4M | $63.9M | $79.1M | $94.5M | $110.6M | $119.5M | $137.9M | $156.4M | $174.9M |
| Total assets | $2.45B | $2.39B | $2.37B | $2.29B | $2.19B | $1.98B | $1.64B | $1.53B | $1.49B | $1.53B |
| Accounts payable | $149.4M | $133.8M | $158.3M | $160.4M | $221.3M | $168.0M | $122.1M | $117.8M | $108.0M | $87.6M |
| Short-term debt | $1.4M | $1.1M | $4.4M | $1.7M | $17.4M | $21.9M | $33.1M | $27.6M | $20.6M | $14.4M |
| Total current liabilities | $378.3M | $375.6M | $393.5M | $432.5M | $471.0M | $509.8M | $285.3M | $254.0M | $247.2M | $185.4M |
| Long-term debt | $25.7M | $20.7M | $21.4M | $150.3M | $285.0M | $312.2M | $98.6M | $215.2M | $270.1M | $429.8M |
| Total liabilities | $509.7M | $517.3M | $558.0M | $705.4M | $891.8M | $963.3M | $486.6M | $548.9M | $614.8M | $708.1M |
| Total equity | $1.88B | $1.80B | $1.81B | $1.58B | $1.30B | $1.02B | $1.15B | $977.4M | $873.9M | $820.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $215.5M | $119.4M | $280.9M | $392.5M | $338.5M | $187.2M | $229.8M | $185.6M | $181.1M | $124.7M |
| Depreciation and amortisation | $121.5M | $120.6M | $122.0M | $112.1M | $106.2M | $91.7M | $91.5M | $86.3M | $76.9M | $78.5M |
| Stock-based compensation | $25.7M | $22.8M | $30.9M | $36.3M | $33.2M | $25.3M | $20.5M | $20.7M | $18.6M | $14.0M |
| Capital expenditure | $78.4M | $73.0M | $150.8M | $211.7M | $141.2M | $75.8M | $98.5M | $87.5M | $111.2M | $58.5M |
| Investing cash flow | -$116.2M | -$118.0M | -$158.3M | -$265.3M | -$144.2M | -$106.8M | -$100.4M | -$88.9M | -$78.9M | -$26.4M |
| Financing cash flow | -$54.8M | -$19.3M | -$144.7M | -$125.7M | -$158.4M | -$54.3M | -$112.4M | -$51.9M | -$158.2M | -$63.5M |
| Buybacks | $33.8M | $0 | $0 | $0 | $0 | $296.7M | — | — | $8.7M | $18.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-044918.
Others in SIC 3674
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|---|---|---|---|---|
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| AVGO | Broadcom Inc. | $1.70T | 75.0x | 23.9% |
| MU | MICRON TECHNOLOGY INC | $1.15T | 133.9x | 48.9% |
| AMD | ADVANCED MICRO DEVICES INC | $779.62B | 180.2x | 34.3% |
| INTC | INTEL CORP | $483.22B | — | -0.5% |
| AMAT | APPLIED MATERIALS INC /DE | $360.86B | 52.5x | 4.4% |
| TXN | TEXAS INSTRUMENTS INC | $236.02B | 47.4x | 13.0% |
| MRVL | Marvell Technology, Inc. | $196.03B | 72.8x | 42.1% |