Diodes Inc
NASDAQ:DIOD

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Diodes Inc
NASDAQ:DIOD
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Price: 52.58 USD 1.72% Market Closed
Market Cap: 2.4B USD

Diodes Inc
Investor Relations

Diodes Incorporated, a name that resonates with precision and innovation, stands as a prominent player in the world of semiconductor manufacturing. Born in 1959 and continuing to evolve with the electronic industry's demands, the company operates at the intersection of cutting-edge technology and practical application. Diodes Inc. specializes in designing, manufacturing, and supplying high-quality semiconductor products like discrete, analog, and mixed-signal chips. These products find their way into an array of everyday electronic devices, contributing significantly to demand in sectors such as automotive, industrial, computing, consumer electronics, and communications. The essence of Diodes Inc.'s business model is built around advanced manufacturing processes and a keen insight into market needs, allowing innovation to flow from their production lines directly to the shelves of manufacturers who depend on these vital components for their own technological creations.

Financially, Diodes Inc. thrives on the mass adoption of its components that provide enhanced performance, efficiency, and reliability. The company's revenue model is a well-oiled machine, engineered to capitalize on both high-volume, low-cost production techniques and agile turnaround times. Diodes Inc. benefits from a vertically integrated supply chain that stretches from design to manufacturing and onto global distribution. This comprehensive approach not only cuts down costs and heightens operational efficiency but also ensures the company remains resilient to industry shifts and logistical disruptions. The company is adept at managing its portfolio and aligning its product offerings with emerging technologies like IoT and wireless communication. In this way, Diodes Inc. continues to grow, leveraging the ever-increasing demand for electronics that require more sophisticated, compact, and effective semiconductor solutions.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Revenue Growth: Diodes reported $392.2 million in Q3 revenue, up 7.1% sequentially and 12% year-over-year, driven by strong demand in the computing market and AI server applications.

Inventory Improvement: Channel and internal inventories declined further, with inventory dollars down over 25% from peak levels and inventory days improving by 11 sequentially.

Gross Margin Pressure: Gross margin declined to 30.7% due to an unfavorable product mix, but management expects future improvement as higher-margin automotive and industrial businesses recover.

Automotive & Industrial: Both end markets grew sequentially and year-over-year, though their recovery remains slower than expected; new automotive programs are set to launch in early 2026.

Fourth Quarter Guidance: Q4 revenue is expected at around $380 million (plus or minus 3%), indicating 12% year-over-year growth, with a gross margin target of approximately 31%.

Margin Outlook: Management reiterated a focus on improving gross and operating margins through better product mix, increased factory loading, and cost controls, targeting a return to 20%+ operating margin over time.

AI & Computing Momentum: AI-driven applications and data center demand are major growth engines, with computing up 17% sequentially and 22% year-to-date.

Key Financials
Revenue
$392.2 million
Gross Profit
$120.5 million
Gross Margin
30.7%
Operating Expenses
$108.9 million
Operating Expenses as % of Revenue
27.8%
Net Income
$14.3 million
EPS
$0.31 per diluted share
Adjusted Net Income
$17.2 million
EBITDA
$46.6 million
Free Cash Flow
$62.8 million
Free Cash Flow per Share
$1.35
Inventory Days
162 days
Finished Goods Inventory Days
62 days
Total Inventory Dollars
$470.9 million
Cash, Cash Equivalents, Restricted Cash and Short-term Investments
$392 million
Working Capital
$890 million
Total Debt
$58 million
Capital Expenditures
$16.3 million
Share Count (Diluted)
46.4 million shares
Effective Tax Rate
18.7%
Earnings Call Recording
Other Earnings Calls

Management

Dr. Keh-Shew Lu Ph.D.
Chairman & CEO
No Bio Available
Mr. Gary Yu
President & Director
No Bio Available
Mr. Francis Tang
Senior Vice President of Worldwide Discrete Products
No Bio Available
Ms. Sheana Chen
General Counsel, Corporate Compliance Officer & VP of Corporate Operations
No Bio Available
Ms. Emily Yang
Senior Vice President of Worldwide Sales & Marketing
No Bio Available
Mr. Kuo Ting Tsong
Senior Vice President of Worldwide Analog Products
No Bio Available
Dr. Jin Zhao
President of Asia Pacific Region
No Bio Available
Dr. Gerry McCarthy
President of Europe
No Bio Available
Mr. Richard D. White CPA
Corporate Secretary & Special Assistant to the CEO
No Bio Available

Contacts

Address
TEXAS
Plano
4949 Hedgcoxe Rd Ste 200
Contacts
+19729873900.0
www.diodes.com