Diodes Inc income statement
In fiscal 2025, Diodes Inc reported revenue of $1.48bn, up 13.0% on the year before, operating income of $35.5m (a 2.4% margin) and net income of $66.1m, or $1.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 434 | 613 | 635 | 634 | 827 | 891 | 849 | 942 | 1,054 | 1,214 | 1,249 | 1,229 | 1,805 | 2,001 | 1,662 | 1,311 | 1,482 | 1,635 |
| Cost of revenue | 313 | 388 | 442 | 472 | 589 | — | — | 655 | 697 | 779 | 783 | 798 | 1,135 | 1,173 | 1,004 | 875 | 1,020 | 1,116 |
| Gross profit | 121 | 225 | 194 | 162 | 238 | 277 | 249 | 287 | 357 | 435 | 466 | 431 | 670 | 827 | 658 | 436 | 462 | 519 |
| Research and development | 24 | 27 | 27 | 34 | 48 | 52 | 57 | 70 | 78 | 86 | 89 | 94 | 119 | 126 | 135 | 134 | 162 | 164 |
| Selling, general and administrative | 70 | 89 | 90 | 101 | 132 | 134 | 139 | 158 | 169 | 176 | 181 | 185 | 258 | 281 | 258 | 234 | 242 | 258 |
| Operating income | 23 | 105 | 72 | 25 | 42 | 85 | 42 | 38 | 79 | 154 | 201 | 134 | 276 | 408 | 251 | 50 | 35 | 78 |
| Interest expense | 7 | 5 | 3 | 1 | 6 | 4 | 4 | 13 | 13 | 10 | 8 | 12 | 7 | 8 | 6 | 2 | 3 | 3 |
| Income before tax | 11 | 98 | 64 | 31 | 39 | 86 | 41 | 25 | 63 | 150 | 198 | 120 | 315 | 396 | 278 | 63 | 84 | 114 |
| Income tax | 1 | 18 | 10 | 5 | 14 | 20 | 14 | 7 | 62 | 45 | 44 | 21 | 79 | 57 | 47 | 12 | 15 | 17 |
| Net income | 8 | 77 | 51 | 24 | 27 | 64 | 24 | 16 | −2 | 104 | 153 | 98 | 229 | 331 | 227 | 44 | 66 | 86 |
| Diluted EPS | $0.17 | $1.68 | $1.09 | $0.51 | $0.56 | $1.31 | $0.49 | $0.32 | −$0.04 | $2.04 | $2.96 | $1.88 | $5.00 | $7.20 | $4.91 | $0.95 | $1.43 | $1.86 |
| Diluted shares (average) | 43m | 46m | 46,713m | 46,899m | 48m | 49m | 50m | 50m | 49m | 51m | 52m | 52m | 46m | 46m | 46m | 46m | 46m | 46m |
| EBITDA | 65 | 152 | 129 | 84 | 108 | 153 | 114 | 116 | 156 | 241 | 292 | 226 | 382 | 520 | 373 | 171 | 157 | 202 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 339 | 332 | 366 | 392 | 392 | 405 | 446 |
| Cost of revenue | 232 | 228 | 227 | 251 | 272 | 270 | 277 | 298 |
| Gross profit | 118 | 111 | 105 | 115 | 120 | 122 | 129 | 148 |
| Research and development | 34 | 33 | 39 | 41 | 42 | 41 | 41 | 41 |
| Selling, general and administrative | 59 | 62 | 59 | 59 | 60 | 63 | 64 | 70 |
| Operating income | 22 | 12 | 1 | 9 | 12 | 13 | 20 | 33 |
| Interest expense | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
| Income before tax | 19 | 12 | −3 | 53 | 19 | 14 | 22 | 58 |
| Income tax | 4 | 2 | 0 | 9 | 4 | 2 | 4 | 7 |
| Net income | 14 | 8 | −4 | 46 | 14 | 10 | 15 | 47 |
| Diluted EPS | $0.30 | $0.18 | −$0.10 | $0.99 | $0.31 | $0.23 | $0.32 | $1.00 |
| EBITDA | 52 | 42 | 31 | 39 | 42 | 44 | 51 | 65 |
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