Filing Flows › Diodes (DIOD) › Q3 2025
Diodes (DIOD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Diodes (DIOD) reported revenue of $392M for the third quarter 2025 (Q3 2025), +12% from a year earlier and +7% from the quarter before. Operating margin was 3.0%, net earnings $14.3M (3.6% of revenue).
Diodes, Q3 2025: revenue $392M (+12% year over year), operating margin 3.0%, net earnings $14.3M, operating cash flow $79.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $392M | +7% | +12% |
| Gross profit | $120M | +4% | +2% |
| Operating profit | $11.6M | +23% | -47% |
| Net earnings | $14.3M | -69% | +4% |
| Operating cash flow | $79.1M | +91% | +46% |
| Free cash flow | $62.8M | +198% | +60% |
What changed
Revenue was $392.2M in Q3 2025, up 12% year over year and up 7% from the previous quarter.
Gross margin was 30.7%, down 3.0 points from a year earlier. Operating profit was $11.6M, a 3.0% margin (down 3.3 points year over year). Operating profit fell $10.3M even though revenue rose $42.1M versus a year earlier, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+115%). Net earnings were $14.3M, up 4% year over year. The effective tax rate was 18.7%. Non-operating items added $7.5M, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $79.1M (up 46% year over year), 511% of net income including minority interests. Non-cash charges added back $36.7M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items added $20.1M. Capital expenditures of $16.3M left free cash flow of $62.8M.
Questions
What was Diodes' revenue in the third quarter 2025?
Diodes (DIOD) reported revenue of $392M for the third quarter 2025 (Q3 2025), +12% from a year earlier and +7% from the quarter before.
Was Diodes profitable in the third quarter 2025?
Operating profit was $11.6M (3.0% of revenue) and net earnings $14.3M.
Source: Diodes 10-Q on SEC EDGAR.