Plano, Texas – EminenDiodes Consolidated (Diodes) (Nasdaq: DIOD) nowadays detailed its monetary comes about for the moment quarter finished June 30, 2025.
Second Quarter Highlights
Revenue was $366.2 million, compared to $319.8 million in the moment quarter 2024 and $332.1 million in the earlier quarter;
GAAP net benefit was $115.3 million, compared to $107.4 million in the same quarter a year back and $104.7 million in the earlier quarter;
GAAP net benefit edge was 31.5 percent, compared to 33.6 percent in the moment quarter of 2024 and 31.5 percent in the earlier quarter;
GAAP net salary was $46.1 million, compared to GAAP net wage of $8.0 million in the same quarter a year back and GAAP net misfortune of $4.4 million final quarter;
Non-GAAP balanced net salary was $15.0 million, compared to $15.4 million in the same quarter a year prior and $8.8 million in the earlier quarter;
GAAP pay was $0.99 per weakened share, compared to GAAP EPS of $0.17 per weakened share in the moment quarter of 2024 and GAAP misfortune per share of $0.10 per share in the earlier quarter;
Non-GAAP EPS was $0.32 per weakened share, compared to $0.33 per weakened share in the same quarter a year back and $0.19 per weakened share in the earlier quarter;
Excluding $4.6 million, net of assess, non-cash share-based stipend cost, both GAAP net wage and non-GAAP balanced net pay would have expanded by $0.10 per weakened share;
EBITDA was $84.5 million, or 23.1 percent of income, compared to $41.1 million, or 12.8 percent of income amid the same quarter final year and $26.2 million, or 7.9 percent of income in the earlier quarter; and
Achieved $41.5 million cash stream from operations and $21.1 million of free cash stream, counting $20.4 million of capital consumptions. Net cash stream was a negative $18.2 million, counting roughly $49.2 million from an increment in value speculations and $10.0 million for the stock buyback program.
Commenting on the comes about, Gary Yu, President and CEO of Diodes, expressed, “Our over anticipated income comes about speak to our third sequential quarter of year-over-year development, showing the progressing advancement in showcase conditions and request. Point of deals (POS) expanded successively over all locales with double-digit development in Asia. The expanding request in the quarter too contributed to channel stock being diminished assist with both channel and inner stock days diminishing.
“While we proceed to see positive signs of a broader advertise recuperation, our buyer conclusion showcase experienced the most grounded development amid the quarter, contributing to less favorable item blend combined with our higher-margin car and mechanical markets remaining viably level as a rate of add up to income. Furthermore, the channel stock exhaustion proceeds to constrain expanded stacking at our fabricating offices, coming about in underloading costs moreover being a headwind to net edge development. Indeed when considering these elements, we proceeded to increment net benefit dollars and conveyed non-GAAP profit development of nearly 70% successively as we proceeded to closely oversee expenses.
“As we see to the third quarter, we anticipate to amplify our solid development energy with income expected to increment 7% consecutively and 12% year-over-year at the mid-point, primarily driven by solid request in Asia for AI-related computing applications, buyer and expanding request in the EV car advertise in China.”
Second Quarter 2025
Revenue for moment quarter 2025 was $366.2 million, compared to $319.8 million in the moment quarter 2024 and $332.1 million in the to begin with quarter 2025.
GAAP net benefit for the moment quarter 2025 was $115.3 million, or 31.5 percent of income, compared to $107.4 million, or 33.6 percent of income, in the moment quarter of 2024 and $104.7 million, or 31.5 percent of income, in the to begin with quarter 2025.
GAAP working costs for moment quarter 2025 were $105.9 million, or 28.9 percent of income, and on a non-GAAP premise were $99.8 million, or 27.3 percent of income, which prohibits $5.8 million acquisition-related intangible resource taken a toll. GAAP working costs in the moment quarter 2024 were $103.7 million, or 32.4 percent of income and in the to begin with quarter 2025 were $103.4 million, or 31.1 percent of revenue.
Second quarter 2025 GAAP net pay was $46.1 million, or $0.99 per weakened share, compared to GAAP net wage in the moment quarter 2024 of $8.0 million, or $0.17 per weakened share and GAAP net misfortune in the to begin with quarter 2025 of $4.4 million, or $0.10 per weakened share.
Second quarter 2025 non-GAAP balanced net salary was $15.0 million, or $0.32 per weakened share, which avoided, net of charge, $23.4 million of non-cash unrealized mark-to-market picks up on ventures, $12.7 million pick up on the transfer of a backup, and $4.8 million of acquisition-related intangible resource amortization fetched. This compares to non-GAAP balanced net salary of $15.4 million, or $0.33 per weakened share, in the moment quarter 2024 and $8.8 million, or $0.19 per weakened share, in the to begin with quarter 2025.
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD), a Standard and Poor’s SmallCap 600 and Russell 3000 Index company, delivers high-quality semiconductor products to the world’s leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. We leverage our expanded product portfolio of analog and discrete power solutions combined with leading-edge packaging technology to meet customers’ needs. Our broad range of application-specific products and solutions-focused sales, coupled with global operations including engineering, testing, manufacturing, and customer service, enable us to be a premier provider for high-volume, high-growth markets. For more information, visit www.diodes.com.
Secure Harbor Explanation Beneath the Private Securities Case Change Act of 1995: Any articulations set forward over that are not chronicled truths are forward-looking explanations that include dangers and instabilities that might cause real comes about to contrast substantially from those in the forward-looking articulations. Such articulations incorporate articulations containing forward-looking words such as “expect,” “anticipate,” “aim,” “estimate,” and varieties thereof, counting without impediment explanations, whether coordinate or suggested, with respect to desires of that for the third quarter of 2025, we anticipate income to be around $392 million additionally or short 3 percent; we anticipate GAAP net edge to be 31.6 percent, also or short 1 percent; non-GAAP working costs, which are GAAP working costs balanced for amortization of acquisition-related intangible resources, are anticipated to be around 26.0 percent of income, furthermore or short 1 percent; we anticipate non-GAAP net intrigued salary to be around $1.0 million; we anticipate our salary assess rate to be 18.0 percent, additionally or short 3 percent; offers utilized to calculate weakened EPS for the third quarter are expected to be around 46.5 million. Potential dangers and instabilities incorporate, but are not restricted to, such components as: the hazard that such desires may not be met; the chance that the anticipated benefits of acquisitions may not be realized or that integration of obtained businesses may not proceed as quickly as we expect; the hazard that we may not be able to keep up our current development technique or proceed to keep up our current execution, costs, and loadings in our fabricating offices; the chance that we may not be able to increment our car, mechanical, or other income and showcase share; dangers of residential and remote operations, counting over the top working costs, labor deficiencies, higher assess rates, and our joint wander prospects; the dangers of recurrent downturns in the semiconductor industry and of changes in end-market request or item blend that may influence net edge or render stock out of date; the chance of unfavorable money trade rates; the chance that our future viewpoint or direction may be off base; the dangers of worldwide financial shortcoming or flimsiness in worldwide money related markets; the dangers of exchange confinements, duties, or embargoes; the hazard of breaches of our data innovation frameworks; and other data, counting the “Risk Factors” point by point from time to time in Diodes’ filings with the Joined together States Securities and Trade Commission.
