Diodes Inc
NASDAQ:DIOD
Income Statement
Earnings Waterfall
Diodes Inc
Revenue
|
1.7B
USD
|
Cost of Revenue
|
-1B
USD
|
Gross Profit
|
658.2m
USD
|
Operating Expenses
|
-408.1m
USD
|
Operating Income
|
250.1m
USD
|
Other Expenses
|
-22.9m
USD
|
Net Income
|
227.2m
USD
|
Income Statement
Diodes Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
827
N/A
|
860
+4%
|
869
+1%
|
878
+1%
|
891
+1%
|
887
0%
|
883
0%
|
858
-3%
|
849
-1%
|
866
+2%
|
883
+2%
|
924
+5%
|
942
+2%
|
956
+1%
|
983
+3%
|
1 018
+4%
|
1 054
+4%
|
1 092
+4%
|
1 132
+4%
|
1 168
+3%
|
1 214
+4%
|
1 242
+2%
|
1 260
+1%
|
1 262
+0%
|
1 249
-1%
|
1 228
-2%
|
1 194
-3%
|
1 180
-1%
|
1 229
+4%
|
1 362
+11%
|
1 513
+11%
|
1 675
+11%
|
1 805
+8%
|
1 874
+4%
|
1 935
+3%
|
1 985
+3%
|
2 001
+1%
|
1 986
-1%
|
1 952
-2%
|
1 835
-6%
|
1 662
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(589)
|
(607)
|
(607)
|
(611)
|
(613)
|
(607)
|
(604)
|
(593)
|
(600)
|
(617)
|
(628)
|
(651)
|
(655)
|
(659)
|
(671)
|
(690)
|
(697)
|
(711)
|
(734)
|
(751)
|
(779)
|
(793)
|
(796)
|
(792)
|
(783)
|
(778)
|
(766)
|
(762)
|
(798)
|
(888)
|
(981)
|
(1 073)
|
(1 135)
|
(1 146)
|
(1 160)
|
(1 173)
|
(1 173)
|
(1 161)
|
(1 138)
|
(1 083)
|
(1 004)
|
|
Gross Profit |
238
N/A
|
253
+6%
|
262
+4%
|
267
+2%
|
277
+4%
|
280
+1%
|
279
0%
|
266
-5%
|
249
-6%
|
249
+0%
|
254
+2%
|
273
+7%
|
287
+5%
|
297
+3%
|
312
+5%
|
328
+5%
|
357
+9%
|
381
+7%
|
399
+5%
|
418
+5%
|
435
+4%
|
449
+3%
|
464
+3%
|
471
+1%
|
466
-1%
|
449
-4%
|
429
-5%
|
418
-3%
|
431
+3%
|
474
+10%
|
532
+12%
|
602
+13%
|
670
+11%
|
728
+9%
|
775
+6%
|
812
+5%
|
827
+2%
|
825
0%
|
814
-1%
|
752
-8%
|
658
-12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(185)
|
(200)
|
(196)
|
(190)
|
(194)
|
(193)
|
(193)
|
(194)
|
(205)
|
(222)
|
(238)
|
(247)
|
(249)
|
(248)
|
(249)
|
(257)
|
(265)
|
(275)
|
(279)
|
(280)
|
(280)
|
(280)
|
(284)
|
(288)
|
(290)
|
(265)
|
(262)
|
(262)
|
(297)
|
(318)
|
(342)
|
(373)
|
(394)
|
(407)
|
(412)
|
(414)
|
(422)
|
(423)
|
(432)
|
(426)
|
(408)
|
|
Selling, General & Administrative |
(130)
|
(134)
|
(132)
|
(132)
|
(134)
|
(133)
|
(132)
|
(133)
|
(139)
|
(147)
|
(157)
|
(160)
|
(158)
|
(159)
|
(157)
|
(162)
|
(169)
|
(176)
|
(179)
|
(178)
|
(176)
|
(173)
|
(178)
|
(182)
|
(181)
|
(180)
|
(178)
|
(177)
|
(185)
|
(202)
|
(217)
|
(240)
|
(258)
|
(271)
|
(279)
|
(280)
|
(280)
|
(280)
|
(278)
|
(272)
|
(258)
|
|
Research & Development |
(48)
|
(51)
|
(52)
|
(52)
|
(52)
|
(53)
|
(53)
|
(53)
|
(57)
|
(62)
|
(65)
|
(69)
|
(70)
|
(70)
|
(73)
|
(76)
|
(78)
|
(80)
|
(82)
|
(85)
|
(86)
|
(88)
|
(88)
|
(88)
|
(89)
|
(90)
|
(90)
|
(92)
|
(94)
|
(98)
|
(107)
|
(114)
|
(119)
|
(120)
|
(121)
|
(122)
|
(126)
|
(131)
|
(135)
|
(136)
|
(135)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(2)
|
(8)
|
0
|
0
|
(4)
|
(9)
|
(10)
|
(15)
|
(18)
|
(21)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
|
Other Operating Expenses |
(6)
|
(15)
|
(12)
|
(4)
|
0
|
(7)
|
(8)
|
(4)
|
0
|
(2)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
(2)
|
23
|
23
|
23
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
4
|
4
|
0
|
3
|
(4)
|
(2)
|
0
|
|
Operating Income |
53
N/A
|
53
0%
|
66
+24%
|
78
+18%
|
84
+8%
|
87
+4%
|
86
-1%
|
72
-16%
|
44
-39%
|
27
-39%
|
16
-40%
|
26
+63%
|
38
+47%
|
48
+27%
|
63
+30%
|
70
+12%
|
92
+30%
|
107
+16%
|
119
+12%
|
137
+15%
|
155
+13%
|
170
+9%
|
180
+6%
|
183
+2%
|
176
-4%
|
184
+5%
|
167
-10%
|
156
-6%
|
134
-14%
|
156
+16%
|
191
+22%
|
230
+21%
|
276
+20%
|
322
+16%
|
363
+13%
|
398
+9%
|
405
+2%
|
402
-1%
|
382
-5%
|
326
-15%
|
250
-23%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(4)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
(2)
|
(5)
|
(9)
|
(10)
|
(17)
|
(18)
|
(19)
|
(20)
|
(18)
|
(15)
|
(13)
|
(12)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(13)
|
(17)
|
(20)
|
(19)
|
(10)
|
3
|
22
|
21
|
11
|
(1)
|
(15)
|
(9)
|
23
|
49
|
36
|
|
Non-Reccuring Items |
(11)
|
0
|
0
|
(7)
|
1
|
0
|
0
|
(1)
|
(2)
|
0
|
0
|
0
|
(3)
|
(5)
|
(7)
|
(11)
|
(12)
|
(10)
|
(8)
|
(4)
|
(1)
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
0
|
3
|
0
|
3
|
0
|
0
|
|
Total Other Income |
(0)
|
(2)
|
(5)
|
0
|
3
|
3
|
2
|
1
|
1
|
(2)
|
(1)
|
(2)
|
0
|
3
|
3
|
5
|
3
|
8
|
8
|
8
|
7
|
4
|
5
|
6
|
7
|
6
|
6
|
5
|
6
|
9
|
9
|
10
|
18
|
13
|
13
|
13
|
3
|
1
|
(14)
|
(30)
|
(9)
|
|
Pre-Tax Income |
39
N/A
|
47
+23%
|
60
+27%
|
69
+15%
|
86
+24%
|
89
+3%
|
87
-2%
|
71
-19%
|
41
-43%
|
23
-44%
|
10
-55%
|
16
+53%
|
25
+61%
|
29
+16%
|
40
+38%
|
44
+10%
|
63
+41%
|
87
+39%
|
103
+19%
|
128
+24%
|
150
+17%
|
166
+10%
|
177
+7%
|
181
+2%
|
198
+9%
|
181
-9%
|
159
-12%
|
144
-10%
|
120
-16%
|
146
+21%
|
190
+31%
|
242
+28%
|
315
+30%
|
356
+13%
|
386
+9%
|
410
+6%
|
396
-3%
|
394
-1%
|
394
0%
|
345
-12%
|
278
-19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(10)
|
(15)
|
(17)
|
(20)
|
(22)
|
(22)
|
(22)
|
(14)
|
(9)
|
(6)
|
(4)
|
(7)
|
(8)
|
(11)
|
(12)
|
(16)
|
(24)
|
(29)
|
(37)
|
(42)
|
(44)
|
(45)
|
(42)
|
(44)
|
(38)
|
(32)
|
(27)
|
(21)
|
(26)
|
(33)
|
(42)
|
(79)
|
(86)
|
(92)
|
(98)
|
(57)
|
(57)
|
(55)
|
(46)
|
(47)
|
|
Income from Continuing Operations |
24
|
37
|
46
|
52
|
66
|
67
|
65
|
49
|
27
|
13
|
4
|
12
|
19
|
21
|
29
|
32
|
46
|
63
|
75
|
91
|
108
|
121
|
132
|
139
|
154
|
143
|
128
|
117
|
99
|
120
|
157
|
200
|
236
|
270
|
294
|
312
|
339
|
337
|
338
|
299
|
231
|
|
Income to Minority Interest |
3
|
2
|
2
|
1
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(5)
|
(7)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(3)
|
|
Net Income (Common) |
27
N/A
|
39
+46%
|
47
+23%
|
53
+12%
|
64
+20%
|
65
+1%
|
62
-4%
|
46
-27%
|
24
-47%
|
11
-53%
|
2
-82%
|
10
+371%
|
16
+61%
|
19
+19%
|
26
+39%
|
30
+15%
|
(2)
N/A
|
16
N/A
|
27
+77%
|
44
+60%
|
104
+137%
|
117
+13%
|
128
+10%
|
136
+6%
|
153
+13%
|
142
-8%
|
127
-11%
|
116
-9%
|
98
-15%
|
117
+20%
|
152
+29%
|
193
+27%
|
229
+19%
|
262
+15%
|
287
+9%
|
305
+6%
|
331
+9%
|
330
0%
|
332
+1%
|
294
-11%
|
227
-23%
|
|
EPS (Diluted) |
0.55
N/A
|
0.8
+45%
|
0.98
+23%
|
1.1
+12%
|
1.31
+19%
|
1.33
+2%
|
1.28
-4%
|
0.94
-27%
|
0.49
-48%
|
0.23
-53%
|
0.04
-83%
|
0.19
+375%
|
0.32
+68%
|
0.38
+19%
|
0.52
+37%
|
0.6
+15%
|
-0.03
N/A
|
0.3
N/A
|
0.53
+77%
|
0.85
+60%
|
2.04
+140%
|
2.27
+11%
|
2.48
+9%
|
2.61
+5%
|
2.96
+13%
|
2.71
-8%
|
2.41
-11%
|
2.19
-9%
|
1.88
-14%
|
2.59
+38%
|
3.34
+29%
|
4.23
+27%
|
5
+18%
|
5.72
+14%
|
6.25
+9%
|
6.63
+6%
|
7.2
+9%
|
7.16
-1%
|
7.18
+0%
|
6.35
-12%
|
4.91
-23%
|