Filing Flows › Diodes (DIOD) › Q1 2025
Diodes (DIOD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Diodes (DIOD) reported revenue of $332M for the first quarter 2025 (Q1 2025), +10% from a year earlier and -2% from the quarter before. Operating margin was 0.4%, net loss $2.8M (0.8% of revenue).
Diodes, Q1 2025: revenue $332M (+10% year over year), operating margin 0.4%, net loss $2.8M, operating cash flow $56.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $332M | -2% | +10% |
| Operating profit | $1.3M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | $56.7M | -31% | — |
| Free cash flow | $40.8M | -34% | — |
What changed
Revenue was $332.1M in Q1 2025, up 10% year over year and down 2% from the previous quarter.
Gross margin was 31.5%, down 1.5 points from a year earlier. Operating profit was $1.3M, a 0.4% margin (down 3.9 points year over year). Operating profit fell $11.7M even though revenue rose $30.1M versus a year earlier, so costs grew faster than sales. Operating expenses grew 19% against revenue growth of 10%. The quarter ended with a net loss of $2.8M, after a profit of $10.2M the previous quarter. Net interest and other expense of $4.1M was the main reason.
Operating cash flow was $56.7M. Non-cash charges added back $35.9M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items added $17.2M. Capital expenditures of $15.9M left free cash flow of $40.8M.
Questions
What was Diodes' revenue in the first quarter 2025?
Diodes (DIOD) reported revenue of $332M for the first quarter 2025 (Q1 2025), +10% from a year earlier and -2% from the quarter before.
Was Diodes profitable in the first quarter 2025?
Operating profit was $1.3M (0.4% of revenue) and net loss $2.8M.
Source: Diodes 10-Q on SEC EDGAR.