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

DIOD Nasdaq Semiconductors & Related Devices DE CIK: 0000029002
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
75% Confidence
AGREEMENT
BUY
72% Conf
HOLD
78% Conf

📊 DIOD Key Takeaways

Revenue: $1.5B
Net Margin: 4.5%
Free Cash Flow: $137.2M
Current Ratio: 3.32x
Debt/Equity: 0.01x
EPS: $1.43
AI Rating: BUY with 72% confidence
Diodes Inc. /Del/ (DIOD) receives a BUY rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.5B, net profit margin of 4.5%, and return on equity (ROE) of 3.5%, Diodes Inc. /Del/ demonstrates strong fundamentals in the Technology sector. Below is our complete DIOD stock analysis for 2026.

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

Claude

Diodes Inc demonstrates solid financial health with strong liquidity (3.32x current ratio), minimal leverage (0.01x debt/equity), and robust free cash flow generation ($137.2M, 9.3% FCF margin). Revenue growth of 13% YoY is respectable for semiconductors, though profitability margins are compressed with operating margin at just 2.4%, indicating operational efficiency challenges despite gross margin of 31.2%.

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.

Why Buy Diodes Inc. /Del/ Stock? DIOD Key Strengths

Claude
  • + Exceptional liquidity position with current ratio of 3.32x and $367.2M cash
  • + Minimal financial leverage with debt/equity of 0.01x and strong interest coverage of 15.2x
  • + Solid free cash flow generation of $137.2M supporting operational sustainability
  • + Double-digit revenue growth of 13% YoY in semiconductor sector
  • + Healthy gross margin of 31.2% indicating pricing power and cost structure
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
  • ! Extremely thin operating margin of 2.4% and net margin of 4.5% suggests limited profitability leverage and pricing pressure
  • ! Net income declined 4.4% YoY despite 13% revenue growth, indicating deteriorating operational efficiency
  • ! Low ROE of 3.5% and ROA of 2.7% reflect suboptimal capital deployment and asset utilization
  • ! Capital intensity with capex of $78.4M (5.2% of revenue) may constrain future cash returns
  • ! Semiconductor sector cyclicality and competitive pricing pressures pose ongoing margin risks
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 expansion trajectory and cost control initiatives
  • * Revenue growth sustainability and market demand normalization
  • * Free cash flow consistency and capital allocation efficiency
  • * Gross margin stability amid competition and supply chain dynamics
  • * Return on equity improvement and profitability leverage
ChatGPT
  • * Operating margin trend
  • * Free cash flow margin

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

Revenue
$1.5B
Net Income
$66.1M
EPS (Diluted)
$1.43
Free Cash Flow
$137.2M
Total Assets
$2.4B
Cash Position
$367.2M

💡 AI Analyst Insight

Strong liquidity with a 3.32x current ratio provides a solid financial cushion.

DIOD Profit Margin, ROE & Profitability Analysis

Gross Margin 31.2%
Operating Margin 2.4%
Net Margin 4.5%
ROE 3.5%
ROA 2.7%
FCF Margin 9.3%

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

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

Net Margin
DIOD 4.5%
vs
Sector Avg 18.0%
DIOD Sector
ROE
DIOD 3.5%
vs
Sector Avg 22.0%
DIOD Sector
Current Ratio
DIOD 3.3x
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
3.5%
Sector avg: 22%
Net Profit Margin
4.5%
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
3.32x
Quick Ratio
2.08x
Debt/Equity
0.01x
Debt/Assets
20.8%
Interest Coverage
15.19x
Long-term Debt
$25.7M

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
9.3%
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
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
Q2 2023 $467.2M $80.2M $1.75

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
$215.5M
Cash generated from operations
Stock Buybacks
$33.8M
Shares repurchased (TTM)
Capital Expenditures
$78.4M
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
Apr 1, 2026 DEF 14A diod-20260401.htm View →
Mar 11, 2026 8-K diod-20260305.htm View →
Feb 26, 2026 4 xslF345X05/ownership.xml View →
Feb 26, 2026 4 xslF345X05/ownership.xml View →
Feb 24, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about DIOD

What is the AI rating for DIOD?

Diodes Inc. /Del/ (DIOD) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DIOD's key strengths?

Claude: Exceptional liquidity position with current ratio of 3.32x and $367.2M cash. Minimal financial leverage with debt/equity of 0.01x and strong interest coverage of 15.2x. 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: Extremely thin operating margin of 2.4% and net margin of 4.5% suggests limited profitability leverage and pricing pressure. Net income declined 4.4% YoY despite 13% revenue growth, indicating deteriorating operational efficiency. 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 $1.5B.

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 $1.43.

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 rating reflects both perspectives for balanced insights.

Is DIOD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Diodes Inc. /Del/ has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is DIOD stock overvalued or undervalued?

Valuation metrics for DIOD: ROE of 3.5% (sector avg: 22%), net margin of 4.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy DIOD stock in 2026?

Our dual AI analysis gives Diodes Inc. /Del/ a combined BUY rating 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 $215.5M, with capital expenditures of $78.4M. FCF margin is 9.3%.

How does DIOD compare to other Technology stocks?

Vs Technology sector averages: Net margin 4.5% (avg: 18%), ROE 3.5% (avg: 22%), current ratio 3.32 (avg: 2.5).

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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: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI