Earnings ·
Diodes reports Q3 revenue of $532.6M, up 36% YoY; raises full-year outlook
DIODDiodes Inc
Diodes Incorporated reported third-quarter revenue of $532.6 million, a 35.8% increase year-over-year and 19.5% sequentially, driven by record automotive and computing sales. GAAP diluted EPS was $0.95, while non-GAAP adjusted net income reached $54.5 million, or $1.18 per share, up 219% from the prior year period. The company also completed its acquisition of ElevATE Semiconductor and a private placement of $375 million in zero-coupon convertible senior notes due 2031. Management raised full-year revenue guidance to increase approximately 30% over 2025, citing strong demand in AI ecosystem applications and market share gains. Diodes Incorporated designs and manufactures analog and power semiconductor solutions for automotive, industrial, computing, consumer electronics, and communications markets.