Demand and volumemixed · 4 filings
“Our customer orders are subject to cancellation or modification usually with no penalty.”10-Q · May 7, 2026 ↗
Diodes Incorporated
DIOD
Market read
Diodes Incorporated's current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
What changed
- Revenue increased 21.7% versus the comparable filing period.
- Net margin fell 2.1 percentage points.
Company+3.7% todayVolume comparison unavailable
Market group0 of 15 activeOptical Photonics · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- The latest filing says weighted-average sales price decreased because of lower market pricing.
- Combined share of product revenue from the automotive and industrial markets was reported at 44% for the quarter ended March 31, 2026.
Invalidation: The isolated read changes if DIOD's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 21.7% versus the comparable filing period.
- Operating margin improved 4.9 percentage points.
Evidence that challenges
- Net margin fell 2.1 percentage points.
What would clarify the read
- The latest filing says weighted-average sales price decreased because of lower market pricing.
- Combined share of product revenue from the automotive and industrial markets was reported at 44% for the quarter ended March 31, 2026.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements97
Verified relationships8
Evidence supporting the case
- Latest annual revenue changed +13.0% year over year.
- Net margin changed +1.1 percentage points in the latest annual period.
- Operating cash flow covered net income at 3.26x in the latest annual period.
Evidence challenging the case
- Operating margin changed -1.5 percentage points in the latest annual period.
- Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
95.086m+54.2%12m+81.0%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.8B+46.9%$5.00-12.2%
2022-12-31$2.0B+10.8%$7.20+0.6%
2023-12-31$1.7B-16.9%$4.91+0.6%
2024-12-31$1.3B-21.1%$0.95+0.2%
2025-12-31$1.5B+13.0%$1.43+0.0%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesmixed · 3 filings
“For the Three Months Ended March 31, 2026 2025 Increase/(Decrease) % Change Net sales $ 405,467 $ 332,113 $ 73,354 22.1 % Cost of goods sold 276,675 227,419 49,256 21.7 % Gross profit 128,792 104,694 24,098 23.0 % Total operating expense 109,027 103,398 5,629…”10-Q · May 7, 2026 ↗
Restructuring and cost reductionsnegative · 3 filings
“Results of operations for the six months ended June 30, 2026 and 2025 The table below sets forth the condensed consolidated statement of operations line items as a percentage of net sales: For the six months ended June 30, 2026 2025 Net sales 100 % 100 % Cost…”10-Q · Aug 5, 2026 ↗
Input and raw-material costspositive · 3 filings
“SG&A increased approximately $15.9 million as compared to the same period last year reflecting an increase in salaries and wages of $11.8 million and an increase in freight and duty of $2.9 million.”10-Q · Aug 5, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
95.08+3.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for DIOD. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
Fundamentals strengthened in the latest filing
10-Q filed 2026-08-05 against the comparable filing from 2025-08-07.
OperationsconstructiveEvidence score +3
liquidityneutralEvidence score 0
valuationmixed
Capital and cash conversion
Investment load increased
Capital spending consumed more revenue while free-cash-flow margin declined.
- Capital spending YoY
- +80.3%
- Capital spending / revenue
- +7.7%
- Free-cash-flow margin
- +7.9%
- FCF margin change
- -1.0 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 21.7% versus the comparable filing period.
- Operating margin improved 4.9 percentage points.
What weakened
- Net margin fell 2.1 percentage points.
Filing receipts
“Net cash and cash equivalents from investing activities for the six months ended June 30, 2026 was primarily due to purchases of property, plant, and equipment of $65.5 million, or 7.7% of net sales.”
“Net cash and cash equivalents from investing activities for the six months ended June 30, 2025 was primarily due to purchases of property, plant, and equipment of $36.3 million, or 5.2% of net sales.”
“The table below sets forth our product revenue as a percentage of total product revenue by end-user market for the three months ended June 30, 2026 and 2025: Three Months Ended June 30, 2026 2025 Industrial 23% 23% Automotive 21% 19% Computing 28% 26% Consumer 17% 18% Communications 11% 14% For the three months ended June 30, 2026, gross profit increased approximately 28.0% when compared to the same period last year primarily due to higher net sales.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind DIOD
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
MCHPMicrochip Technology IncorporatedinvesteeFeb 10, 2026 ▾
“Agreement and Plan of Merger On April 29, 2025, the Company entered into an agreement to sell its approximate 56.4 % ownership stake in TF Semiconductor Solutions, Inc.”
PKGPackaging Corporation of AmericapartnerFeb 10, 2026 ▾
“Examples of recent acquisitions include: • In June 2025, we entered into a joint venture agreement with Global Advanced Packaging Test Limited to acquire a 43% interest in and joint control of ATX Semiconductor SDN, a Malaysian private limited liability compa…”
Depended on by
SITMSiTime CorporationcompetitorMay 7, 2026 ▾
“Companies that we primarily compete with include, but are not limited to, Abracon, LLC, Daishinku Corp., Diodes Incorporated, Kyocera Corporation, Microchip Technology Inc., Murata Manufacturing Co., Ltd, Nihon Dempa Kogoyo., Ltd., Rakon Limited, Renesas Elec…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
DIOD is currently a Early Follower in the organic co-movement group Optical Photonics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.