Diodes Incorporated (DIOD)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-11-05
$68.36-13.97%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-11-05
QuarterlyIQ Insights · DIOD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-11-05.
The screen ranks DIOD against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6380).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 2 guided quarters · 14.5% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Our sequential revenue growth of more than 19% was primarily driven by record automotive revenue from continued market share gains, stronger demand across broad industrial applications, and sustained…
Stated in 4 of 4 supplied quarters. Management reported: “Our sequential revenue growth of more than 19% was primarily driven by record automotive revenue from continued market share gains, stronger demand across broad industrial applications, and sustained momentum in AI ecosystem applications that contributed to record revenue in the computing market.” “As the sixth consecutive quarter of double-digit year-over-year growth, this quarter serves as a further confirmation of strengthening demand in overall market, combined with Diodes expanding content across our analog and our power solutions in our key focus areas of automotive, industrial, and AI server related applications.” Revenue was $532.587 million in 2026-Q3.
“Our sequential revenue growth of more than 19% was primarily driven by record automotive revenue from continued market share gains, stronger demand across broad industrial applications, and sustained…”
“As the sixth consecutive quarter of double-digit year-over-year growth, this quarter serves as a further confirmation of strengthening demand in overall market, combined with Diodes expanding content…”
“This growth highlights the solid demand recovery and momentum that we are seeing across our key focus areas of automotive, industrial and AI-server related applications.”
“Additionally, this quarter represents the fourth consecutive quarter of double-digit growth year-over-year, further highlighting the success of Diodes' design win initiatives and content expansion ov…”
This anticipated sequential growth is once again coupled with further non-GAAP gross margin expansion of 80 basis points sequentially to 37.0% at the mid-point and increasing earnings leverage as wel…
Stated in 4 of 4 supplied quarters. Management reported: “This anticipated sequential growth is once again coupled with further non-GAAP gross margin expansion of 80 basis points sequentially to 37.0% at the mid-point and increasing earnings leverage as well as strong cash flow generation.”” “Also during the quarter, the cost and operating initiative we previously implemented during the market slowdown are producing measurable benefit to gross margin and our bottom line.” Gross profit was $192.465 million in 2026-Q3.
These expected result drives us closer toward our three year financial goals of $2 billion in annual revenue and over $4 in non-GAAP EPS.
Stated in 3 of 4 supplied quarters. Management reported: “These expected result drives us closer toward our three year financial goals of $2 billion in annual revenue and over $4 in non-GAAP EPS.” “In order to help our investor track our progress toward these goals, today I'm introducing three-year interim financial targets, which include achieving $2 billion in annual revenue with approximately $700 million in gross profit, or 35% plus in gross margin.” Revenue was $532.587 million in 2026-Q3.
Exhibit 99.1 Diodes Completes Acquisition of ElevATE Semiconductor, Expanding Presence in High-Growth ATE Market Plano, Texas – August 27, 2026 -- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today an…
Stated in 1 of 4 supplied quarters. Management reported: “Exhibit 99.1 Diodes Completes Acquisition of ElevATE Semiconductor, Expanding Presence in High-Growth ATE Market Plano, Texas – August 27, 2026 -- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today announced the successful completion of its acquisition of ElevATE Semiconductor, Inc. ("ElevATE"), a leading provider of high-performance integrated circuits for the Automated Test Equipment (ATE) market, in an all-cash transaction for $250 million.” “These actions have also contributed to increased cash flow that has enabled us to reinvest in our growth and innovation, while also looking for inorganic opportunity to expand our technology portfolio such as recent proposed acquisition of ElevATE Semiconductor.”
Capital expenditures on a cash basis were $31.9 million for the first quarter, or 7.9% of revenue, which is within our targeted annualized range of 5% to 9% of revenue.
Over the trailing year it converted 2.57x of net income into operating cash flow. Historically, Information Technology names rated robust grew net income 62% of the time over the next year (vs 51% for the rest of the cohort, n=3136).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
19 material management or governance events in the past 24 months, led by legal/regulatory items. Historically, Information Technology names rated volatile grew net income 52% of the time over the next year (vs 57% for the rest of the cohort, n=6008).
Not investment advice. As of 2026-11-05.
“This anticipated sequential growth is once again coupled with further non-GAAP gross margin expansion of 80 basis points sequentially to 37.0% at the mid-point and increasing earnings leverage as wel…”
“Also during the quarter, the cost and operating initiative we previously implemented during the market slowdown are producing measurable benefit to gross margin and our bottom line.”
“Content expansion, design win momentum and new product introductions will continue to be the cornerstone of our growth initiatives, combined with increased manufacturing and cost efficiency to furthe…”
“We also remain focused on increasing manufacturing efficiency and minimized underloading cost over the next few quarters to further drive future margin expansion.”
“These expected result drives us closer toward our three year financial goals of $2 billion in annual revenue and over $4 in non-GAAP EPS.”
“After formally releasing our three-year interim financial targets earlier this year, which includes reaching $2 billion in annual revenue, $700 million in gross profit and over $4 in non-GAAP EPS.”
“In order to help our investor track our progress toward these goals, today I'm introducing three-year interim financial targets, which include achieving $2 billion in annual revenue with approximatel…”
“These actions have also contributed to increased cash flow that has enabled us to reinvest in our growth and innovation, while also looking for inorganic opportunity to expand our technology portfoli…”