Diodes Inc (DIOD) Financials
Key financial figures for Diodes Inc (Q3 2026).
Diodes posted record Q3 2026 revenue of $532.6 million, up 35.8% from a year earlier, with GAAP gross margin of 36.1% and non-GAAP EPS of $1.18, all ahead of the midpoints it guided in August. Revenue was $532.6 million, up 35.8% from $392.2 million in Q3 2025 and up 19.5% from $445.5 million in Q2 2026. The company's August outlook was approximately $510 million, plus or minus 3%. Nine-month revenue was $1,383.6 million versus $1,090.5 million a year earlier. GAAP gross margin was 36.1%, versus 30.7% in Q3 2025 and 33.1% in Q2 2026 (gross profit $192.5 million). Non-GAAP gross margin was 36.2%, which excludes $0.4 million of inventory accounting tied to the ElevATE Semiconductor acquisition. The August outlook was a GAAP gross margin of 35.0%, plus or minus 1%. On the outlook: Q4 2026 outlook in the release: revenue of approximately $550 million, plus or minus 3% (the release calls this 40.4% above Q4 2025 and 3.2% above Q3 2026 at the midpoint); non-GAAP gross margin of 37.0%, plus or minus 1%; non-GAAP adjusted EPS of $1.35, plus or minus $0.10. The CEO also said full-year 2026 revenue is expected to increase approximately 30% over 2025 at the midpoint. Figures are for Q3 2026, as Diodes Incorporated reported them.
- Revenue
- $533M
- Net Income
- $44M
- EPS
- $0.95
- Total Assets
- $3.1B
- Operating Cash Flow
- $97M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $533M | $44M | $0.95 | 11.91% | $44M |
| Q2 FY2026 | $446M | $47M | $1.00 | 7.47% | $35M |
| Q1 FY2026 | $405M | $15M | $0.32 | 4.91% | $32M |
| Q4 FY2025 | $392M | $10M | $0.22 | 3.37% | $12M |
| Q3 FY2025 | $392M | $14M | $0.31 | 2.95% | $63M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.5B | $66M | $1.43 | 2.39% | $137M |
| FY2024 | $1.3B | $44M | $0.95 | 3.85% | $46M |
| FY2023 | $1.7B | $227M | $4.91 | 15.08% | $130M |
Frequently asked questions
What was Diodes Incorporated's revenue last quarter?
Diodes Incorporated reported revenue of $532.6 million for Q3 FY2026, up 35.8% from the same period a year earlier.
Is Diodes Incorporated profitable?
Yes. Diodes Incorporated reported net income of $43.7 million for Q3 FY2026, a net margin of 8.21% on revenue.
How has Diodes Incorporated's margin trended?
Operating margin was 11.91% in Q3 FY2026, compared with 2.95% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Diodes Incorporated generate?
Diodes Incorporated generated free cash flow of $43.9 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Diodes Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.