Filing Flows › Diodes (DIOD) › Q3 2026
Diodes (DIOD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Diodes (DIOD) reported revenue of $533M for the third quarter 2026 (Q3 2026), +36% from a year earlier and +20% from the quarter before. Operating margin was 11.9%, net earnings $43.7M (8.2% of revenue).
Diodes, Q3 2026: revenue $533M (+36% year over year), operating margin 11.9%, net earnings $43.7M, operating cash flow $97.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $533M | +20% | +36% |
| Gross profit | $192M | +30% | +60% |
| Operating profit | $63.4M | +90% | +448% |
| Net earnings | $43.7M | -6% | +206% |
| Operating cash flow | $97.2M | +42% | +23% |
| Free cash flow | $43.9M | +26% | -30% |
What changed
Revenue was $532.6M in Q3 2026, up 36% year over year and up 20% from the previous quarter. Distributor was the largest line at 67% of revenue. Distributor added $98.4M year over year (up 38%), 70% of the total change.
Gross margin was 36.1%, up 5.4 points from Q3 2025. Operating profit was $63.4M, a 11.9% margin (up 9.0 points year over year). Of the extra revenue versus Q3 2025, 37% reached operating profit, above the 3% margin then. Operating expenses grew 18% against revenue growth of 36%. The fastest-growing cost line was SG&A (+33%). Net earnings were $43.7M, up 206% year over year. The effective tax rate was 23.2%.
Operating cash flow was $97.2M (up 23% year over year), 209% of net income including minority interests. Non-cash charges added back $35.9M of depreciation and amortization and $9.4M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $53.2M left free cash flow of $43.9M.
Questions
What was Diodes' revenue in the third quarter 2026?
Diodes (DIOD) reported revenue of $533M for the third quarter 2026 (Q3 2026), +36% from a year earlier and +20% from the quarter before.
Was Diodes profitable in the third quarter 2026?
Operating profit was $63.4M (11.9% of revenue) and net earnings $43.7M.
Source: Diodes 10-Q on SEC EDGAR.