← Back to All US Stocks

Diodes Inc. /Del/ (DIOD) Fundamental Analysis & AI Grade 2026

DIOD Nasdaq Semiconductors & Related Devices DE CIK: 0000029002
Update Pending • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
70% Confidence
STRONG AGREEMENT
B
62% Conf
B
78% Conf

📊 DIOD Key Takeaways

Revenue: $405.5M
Net Margin: 3.7%
Free Cash Flow: $32.4M
Current Ratio: 3.17x
Debt/Equity: 0.01x
EPS: $0.32
AI Grade: B with 62% confidence
Diodes Inc. /Del/ (DIOD) receives a B fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $405.5M, net profit margin of 3.7%, and return on equity (ROE) of 0.8%, Diodes Inc. /Del/ demonstrates mixed fundamentals in the Technology sector. Below is our complete DIOD stock analysis for 2026.

Is Diodes Inc. /Del/ (DIOD) a Good Investment?

Claude

DIOD exhibits strong financial stability with excellent liquidity (3.17x current ratio), minimal debt (0.01x D/E), and solid free cash flow generation ($32.4M), but faces concerning profitability deterioration with net income declining 4.4% YoY despite 13% revenue growth. Extremely thin margins (3.7% net, 4.9% operating) and abysmal returns on equity (0.8%) suggest operational inefficiency or cost pressures that offset top-line growth.

ChatGPT

Diodes shows solid top-line momentum, positive free cash flow generation, and an exceptionally strong balance sheet with high liquidity and minimal leverage. However, the quality of earnings is mixed because operating profitability is weak, net income declined year over year, and returns on equity and assets remain modest for a semiconductor business.

Diodes Inc. /Del/ Key Strengths (DIOD)

Claude
  • + Fortress balance sheet with $394M cash, only $25.3M long-term debt, and minimal leverage (0.01x D/E)
  • + Strong liquidity position with 3.17x current ratio and 1.97x quick ratio provides significant financial flexibility
  • + Positive free cash flow of $32.4M (8.0% FCF margin) demonstrates cash generation capability despite profitability challenges
  • + Revenue growth of 13% YoY shows market demand and top-line momentum
ChatGPT
  • + Revenue growth of 13.0% YoY with positive free cash flow of $137.15M
  • + Very strong financial health supported by $367.21M cash, a 3.32x current ratio, and only $25.67M of long-term debt
  • + Healthy gross margin of 31.2% and solid operating cash flow of $215.51M indicate the core business remains cash generative

DIOD Stock Risks: Diodes Inc. /Del/ Investment Risks

Claude
  • ! Net income declining 4.4% YoY while revenue grows 13% indicates deteriorating operational efficiency and potential margin compression
  • ! Critically thin profit margins (3.7% net, 4.9% operating) leave minimal buffer for revenue volatility or cost increases
  • ! Extremely poor capital efficiency with ROE of 0.8% and ROA of 0.6% suggests capital is not generating adequate returns
  • ! Operating cash flow ($64.3M) significantly exceeds net income ($15M), potentially masking underlying profitability weakness
ChatGPT
  • ! Operating margin of 2.4% is thin and leaves limited cushion if demand weakens or costs rise
  • ! Net income fell 4.4% YoY despite higher revenue, suggesting margin pressure or weaker earnings quality
  • ! Low ROE of 3.5% and ROA of 2.7% indicate inefficient conversion of capital into profits

Key Metrics to Watch

Claude
  • * Operating margin trend - must improve from 4.9% to justify equity ownership in semiconductor sector
  • * Net income growth trajectory - critical to see whether profitability can stabilize and grow with revenue
  • * Gross margin sustainability - at 31.8%, any further compression would be concerning given thin operating leverage
ChatGPT
  • * Operating margin trend
  • * Free cash flow margin

Diodes Inc. /Del/ (DIOD) Financial Metrics & Key Ratios

Revenue
$405.5M
Net Income
$15.0M
EPS (Diluted)
$0.32
Free Cash Flow
$32.4M
Total Assets
$2.5B
Cash Position
$394.1M

💡 AI Analyst Insight

Strong liquidity with a 3.17x current ratio provides a solid financial cushion.

DIOD Profit Margin, ROE & Profitability Analysis

Gross Margin 31.8%
Operating Margin 4.9%
Net Margin 3.7%
ROE 0.8%
ROA 0.6%
FCF Margin 8.0%

DIOD vs Technology Sector: How Diodes Inc. /Del/ Compares

How Diodes Inc. /Del/ compares to Technology sector averages

Net Margin
DIOD 3.7%
vs
Sector Avg 18.0%
DIOD Sector
ROE
DIOD 0.8%
vs
Sector Avg 22.0%
DIOD Sector
Current Ratio
DIOD 3.2x
vs
Sector Avg 2.5x
DIOD Sector
Debt/Equity
DIOD 0.0x
vs
Sector Avg 0.5x
DIOD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Diodes Inc. /Del/ Stock Overvalued? DIOD Valuation Analysis 2026

Based on fundamental analysis, Diodes Inc. /Del/ has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
0.8%
Sector avg: 22%
Net Profit Margin
3.7%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Diodes Inc. /Del/ Balance Sheet: DIOD Debt, Cash & Liquidity

Current Ratio
3.17x
Quick Ratio
1.97x
Debt/Equity
0.01x
Debt/Assets
21.9%
Interest Coverage
8.47x
Long-term Debt
$25.3M

DIOD Revenue & Earnings Growth: 5-Year Financial Trend

DIOD 5-year financial data: Year 2021: Revenue $1.8B, Net Income $153.3M, EPS $2.96. Year 2022: Revenue $2.0B, Net Income $98.1M, EPS $1.88. Year 2023: Revenue $2.0B, Net Income $228.8M, EPS $5.00. Year 2024: Revenue $2.0B, Net Income $331.3M, EPS $7.20. Year 2025: Revenue $1.7B, Net Income $227.2M, EPS $4.91.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Diodes Inc. /Del/'s revenue has remained relatively flat over the 5-year period, with a 8% decline. The most recent EPS of $4.91 reflects profitable operations.

DIOD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.0%
Free cash flow / Revenue

DIOD Quarterly Earnings & Performance

Quarterly financial performance data for Diodes Inc. /Del/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $332.1M -$4.4M $-0.10
Q3 2025 $350.1M $13.7M $0.30
Q2 2025 $319.8M $8.0M $0.17
Q1 2025 $302.0M -$4.4M $-0.10
Q3 2024 $350.1M $13.7M $0.30
Q2 2024 $319.8M $8.0M $0.17
Q1 2024 $302.0M $14.0M $0.30
Q3 2023 $404.6M $48.7M $1.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Diodes Inc. /Del/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$64.3M
Cash generated from operations
Stock Buybacks
$33.8M
Shares repurchased (TTM)
Capital Expenditures
$31.9M
Investment in assets
Dividends
None
No dividend program

DIOD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Diodes Inc. /Del/ (CIK: 0000029002)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/ownership.xml View →
Jun 1, 2026 4 xslF345X06/ownership.xml View →
May 28, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →
May 27, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about DIOD

What is the AI rating for DIOD?

Diodes Inc. /Del/ (DIOD) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DIOD's key strengths?

Claude: Fortress balance sheet with $394M cash, only $25.3M long-term debt, and minimal leverage (0.01x D/E). Strong liquidity position with 3.17x current ratio and 1.97x quick ratio provides significant financial flexibility. ChatGPT: Revenue growth of 13.0% YoY with positive free cash flow of $137.15M. Very strong financial health supported by $367.21M cash, a 3.32x current ratio, and only $25.67M of long-term debt.

What are the risks of investing in DIOD?

Claude: Net income declining 4.4% YoY while revenue grows 13% indicates deteriorating operational efficiency and potential margin compression. Critically thin profit margins (3.7% net, 4.9% operating) leave minimal buffer for revenue volatility or cost increases. ChatGPT: Operating margin of 2.4% is thin and leaves limited cushion if demand weakens or costs rise. Net income fell 4.4% YoY despite higher revenue, suggesting margin pressure or weaker earnings quality.

What is DIOD's revenue and growth?

Diodes Inc. /Del/ reported revenue of $405.5M.

Does DIOD pay dividends?

Diodes Inc. /Del/ does not currently pay dividends.

Where can I find DIOD SEC filings?

Official SEC filings for Diodes Inc. /Del/ (CIK: 0000029002) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DIOD's EPS?

Diodes Inc. /Del/ has a diluted EPS of $0.32.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is DIOD's fundamental grade?

Based on our AI fundamental analysis in June 2026, Diodes Inc. /Del/ has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is DIOD stock overvalued or undervalued?

Valuation metrics for DIOD: ROE of 0.8% (sector avg: 22%), net margin of 3.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is DIOD's AI grade for 2026?

Our dual AI analysis gives Diodes Inc. /Del/ a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DIOD's free cash flow?

Diodes Inc. /Del/'s operating cash flow is $64.3M, with capital expenditures of $31.9M. FCF margin is 8.0%.

How does DIOD compare to other Technology stocks?

Vs Technology sector averages: Net margin 3.7% (avg: 18%), ROE 0.8% (avg: 22%), current ratio 3.17 (avg: 2.5).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Sector: All Technology Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI