DIODES INC /DEL/

Listed Company

DIODCIK 0000029002NasdaqLarge AcceleratedSemiconductors & Related DevicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$1.48B

Net Income

$66.14M

Total Assets

$2.45B

Equity

$1.88B

Shares Out

45.88M

Op. Cash Flow

$215.51M

Business

DIODES INC /DEL/ designs, manufactures, and supplies standard semiconductor products for high-volume electronics markets. It offers a broad portfolio of discrete, analog, mixed-signal, standard logic, multichip and packaging solutions, frequency control products, and contact image sensor modules. The company operates as a single reporting segment—standard semiconductor products—integrating design, wafer fabrication, assembly and test, and global distribution. Products are sold worldwide, primarily through distributors, direct sales and electronic manufacturing services to customers in Asia, the Americas and Europe across automotive, industrial, computing, communications and consumer markets.

Summary from filing dated 2025-02-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	1,482	1,311	1,662	2,001	1,805
Cost of goods sold	1,020	875	1,004	1,173	1,135
Gross profit	462	436	658	827	670
Selling, general and administrative	242	234	258	281	258
Research and development	162	134	135	126	119
Amortization of acquisition related intangible assets	22	16	15	16	16
Loss (gain) on disposal of fixed assets	572,000	−8	−2	−4	246,000
Restructuring charge	394,000	9	2	0	—
Other operating income	0	−1,000	−16,000	−108,000	1
Total operating expense	427	385	408	419	394
Income from operations	35	50	251	408	276
Interest income	28	18	13	4	3
Interest expense	−3	−2	−6	—	—
Foreign currency loss, net	−13	−6	−5	2	−2
Unrealized gain (loss) on investments	29	−321,000	18	−17	28
Impairment of equity investment	−6	0	0	—	—
Gain on disposal of subsidiary	14	0	0	—	—
Other (expense) income	−687,000	3	7	7	18
Total other (expense) income	48	12	27	−12	39
Income before income taxes and noncontrolling interest	84	63	278	396	315
Income tax provision	15	12	47	57	79
Net income	69	51	231	339	236
Less: net income attributable to noncontrolling interest	−3	−7	−3	−8	−8
Net income attributable to common stockholders	66	44	227	331	229
Basic (per share)	1.43	0.95	4.96	7.31	5.11
Diluted (per share)	1.43	0.95	4.91	7.2	5
Basic (shares)	46	46	46	45	45
Diluted (shares)	46	46	46	46	46

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	367	309	315	337	364
Restricted cash	5	6	3	4	3
Short-term investments	10	7	10	7	7
Accounts receivable, net of allowances of $4,095 and $7,799 at December 31, 2025 and December 31, 2024, respectively	307	326	372	369	358
Inventories	472	475	390	360	349
Prepaid expenses and other	96	102	97	84	107
Total current assets	1,257	1,224	1,187	1,162	1,188
Property, plant, and equipment, net	650	684	746	737	582
Deferred income tax	59	52	52	35	21
Goodwill	183	182	147	145	150
Intangible assets, net	45	67	64	79	95
Other long-term assets	253	177	172	131	159
Total assets	2,448	2,386	2,368	2,288	2,194
Lines of credit	30	31	41	36	18
Accounts payable	149	134	158	160	221
Accrued liabilities and other	181	187	180	214	185
Income tax payable	16	23	10	20	30
Current portion of long-term debt	1	1	4	2	17
Total current liabilities	378	376	393	433	471
Long-term debt, net of current portion	24	20	17	147	266
Deferred tax liabilities	6	7	14	13	32
Unrecognized tax benefits	23	25	34	32	—
Other long-term liabilities	78	91	100	81	123
Total liabilities	510	517	558	705	892
Commitments and contingencies (See Note 17)	—	—	—	—	—
Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding	0	0	0	0	0
Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 45,875,799 shares and 46,332,891 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	37	37	37	37	36
Additional paid-in capital	538	524	510	495	472
Retained earnings	1,785	1,719	1,675	1,448	1,117
Treasury stock, at cost, 10,008,905 shares and 9,288,420 shares at December 31, 2025 and December 31, 2024, respectively	−372	−338	−338	−337	−337
Accumulated other comprehensive loss	−111	−147	−143	−128	−51
Total stockholders' equity	1,878	1,795	1,741	1,514	1,237
Noncontrolling interest	60	74	69	69	65
Total equity	1,938	1,869	1,810	1,583	1,303
Total liabilities and stockholders' equity	2,448	2,386	2,368	2,288	2,194

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation	122	121	122	112	106
Amortization of intangible assets	22	17	15	16	16
Amortization of debt-issuance costs	301,000	302,000	1	950,000	754,000
Share-based compensation expense	26	23	31	36	33
Deferred income taxes	−7	−1	−13	−39	21
Investment (gain) loss	−26	267,000	−19	16	−38
Impairment of long-lived assets	6	0	0	—	—
Gain on disposal of fixed assets	572,000	−8	−2	−4	243,000
Interest income from derivative financial instruments	−20	−10	−4	0	—
Other	796,000	−2	−2	−4	1
Change in accounts receivable	23	47	−3	−20	−53
Change in inventory	9	−87	−29	−30	−43
Change in other operating assets	12	3	−18	2	−25
Change in accounts payable	14	−23	−2	−50	56
Change in accrued liabilities	−14	−3	−18	32	29
Change in income tax (refundable) payable	−7	12	−9	−8	−1
Change in unrealized tax benefit liability	−1	−15	3	2	—
Change in other operating liabilities	1	−4	−2	−8	−2
Net cash and cash equivalents from operating activities	216	119	281	393	339
Acquisitions, net of cash received	−5	−57	−3,000	−84	−157,000
Purchases of property, plant and equipment	−78	−73	−151	−212	−141
Proceeds from sale of property, plant and equipment	7	816,000	3	418,000	3
Proceeds from short-term investments	8	16	6	8	7
Purchases of short-term investments	−10	−14	−9	−9	−8
Purchases of equity securities	−49	0	−18	−4	−15
Proceeds from sale of subsidiary	16	0	0	—	—
Receipt of government grants	585,000	9	471,000	272,000	—
Receipt of insurance recovery	0	5	1	6	0
Proceeds from disposal of wafer fabrication facility	0	0	6	19	10
Net amounts (paid) received for hedge termination	−4	0	374,000	—	—
Other	−646,000	−5	2	398,000	−678,000
Net cash and cash equivalents from investing activities	−116	−118	−158	−265	−144
Advances on lines of credit and short-term debt	59	91	29	114	22
Repayments of lines of credit and short-term debt	−62	−98	−25	−93	−146
Proceeds from long-term debt	12	6	25	373	558
Repayments of long-term debt	−8	−6	−154	−506	−586
Debt issuance costs	0	−188,000	−948,000	−134,000	−673,000
Repayment of and proceeds from finance lease obligation	−85,000	−64,000	−115,000	−69,000	−291,000
Taxes paid related to net share settlement	−4	−10	−16	−12	−15
Net changes in noncontrolling interests	−18	−2	−4	−1	6
Repurchases of common stock	−34	0	0	0	0
Other	363,000	155,000	−88,000	152,000	7,000
Net cash and cash equivalents from financing activities	−55	−19	−145	−126	−158
Effect of exchange rate changes on cash and cash equivalents	13	14	−485,000	−27	10
Change in cash and cash equivalents, including restricted cash	58	−4	−23	−26	46
Interest paid during the period	2	2	5	7	7
Taxes paid during the period	24	22	98	89	56
Accounts payable balance related to the purchase of property, plant and equipment	16	13	15	30	24
Dividend payable balance to noncontrolling interests	0	0	100,000	0	0

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro