DIOD earnings analysis
What we found in DIOD's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Diodes Incorporated reported a robust Q1 2026 with revenue hitting $405.5 million, a 22.1% increase year-over-year, and EPS of $0.43, exceeding expectations. The company cites strong demand across its diverse markets as a primary driver, while also signaling confidence in continued growth through Q2 2026.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Surged to $405.5 Million
- This represents a 22.1% increase compared to $332.1 million in Q1 2025.
- Significant EPS Growth
- Diluted EPS was reported at $0.43, up from a loss of $0.10 in Q1 2025.
- Strong Gross Profit Improvement
- Gross profit increased 23.0% to $128.8 million from $104.7 million year-over-year.
- Cash Flow from Operations
- Net cash from operating activities was $64.3 million, higher than $56.7 million in Q1 2025.
- Robust Capital Expenditures
- Capital expenditures totaled $31.9 million, accounting for 7.9% of net sales.
- Healthy Liquidity Position
- Total cash and equivalents rose to $404.3 million, supported by accessible credit facilities.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- High Operating Expenses
- Operating expenses increased by 5.4% year-over-year to $109 million.
- Market Dependency Risks
- Any downturn in the semiconductor market could adversely affect future revenues.
- Sector Vulnerability
- Increased competition in the semiconductor industry may impact pricing and margins.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.43
- Gross margin
- 31.8%
- Segment
- Automotive
- Segment
- Industrial
- Segment
- AI-Server Related Applications
- Segment
- Computing
- Segment
- Consumer Electronics
- Segment
- Communications
What they said about what is next.
The company expects Q2 2026 revenue to be approximately $435 million.
The filing reads better than the one before it.
What came before.
- 10-Q · May 8, 2025
- Diodes reported quarterly revenue of $332,113,000 (up $30,141,000 vs Q1 2024) but moved to a GAAP loss with diluted EPS of $(0.10) compared with $0.30 a year ago, primarily driven by investment impairments and higher…
- 10-K · February 9, 2024
- Diodes' 2023 10-K discloses a revenue decline to $1,661,739,000 (down 16.9% vs. 2022) driven by weaker demand and inventory adjustments, while management reiterates a strategic goal to reach $1.0 billion in gross profit…
- 10-Q · November 8, 2023
- Diodes reported Q3 net sales of $404,647,000, down $116,626,000 (‑22.4%) versus Q3 2022, with diluted EPS of $1.05 (Q3 2022: $1.88). Gross profit was $155,876,000 (gross margin 38.53%) and income from operations was…
- 10-K · February 18, 2022
- Diodes reported strong 2021 results with net sales rising 46.9% to $1.805 billion driven by 25.5% organic growth and a 21.4% contribution from the Lite‑On Semiconductor (LSC) acquisition. The company emphasizes…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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