Quarterly ResultMay 7, 2026, 05:11 PM
Diodes Q1 Net Sales $405.5M, EPS $0.33; Swings to Profit
AI Summary
Diodes Incorporated reported strong first-quarter 2026 results, with net sales increasing by 22.1% to $405.5 million. The company swung to a net income attributable to common stockholders of $15.0 million, or $0.33 per basic share, compared to a net loss in the prior year. Operating income also saw a substantial increase, reflecting improved operational performance.
Key Highlights
- Net sales rose 22.1% to $405.5 million for Q1 2026 from $332.1 million in Q1 2025.
- Net income attributable to common stockholders was $15.0 million ($0.33 basic EPS) in Q1 2026, compared to a net loss of $4.4 million ($-0.10 basic EPS) in Q1 2025.
- Income from operations surged to $19.8 million in Q1 2026 from $1.3 million in Q1 2025.
- Gross profit increased to $128.8 million in Q1 2026 from $104.7 million in Q1 2025.
- Net cash flows from operating activities increased 13.3% to $64.3 million in Q1 2026.
- Asia net sales by shipment destination were $313.9 million in Q1 2026, up from $258.3 million.
- Distributor sales were $255.0 million in Q1 2026, up from $210.3 million.
- Total assets increased to $2.50 billion as of March 31, 2026, from $2.45 billion at December 31, 2025.
Price Impact
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