Diodes Reports Higher Revenue, Operating Income, Net Income and Diluted EPS Versus Prior-Year Comparables in Interim Filing

Bottom line

For the three-month and six-month periods covered by this filing, DIODES INC /DEL/ reported higher revenue, higher operating income, higher net income and higher diluted earnings per share than the prior-year comparables, with each line remaining profitable in both the current and prior-year periods. The headline P&L movement for both the quarter and the year-to-date is a continued profitability increase across every income-statement dimension disclosed in the catalog, and the filing evidence does not attribute this change to any single cause.

For the three-month reporting period, Revenue from Contract with Customer, Excluding Assessed Tax was $445,529,000 USD, above the prior-year comparative of $366,212,000 USD for the prior-year comparative period. Operating Income (Loss) was $33,290,000 USD, above the prior-year comparative of $9,389,000 USD. Net Income (Loss) Attributable to Parent was $46,649,000 USD, above the prior-year comparative of $46,098,000 USD.

99 per diluted share USD/SHARES. For the six-month year-to-date period, Revenue from Contract with Customer, Excluding Assessed Tax was $850,996,000 USD, above the prior-year comparative of $698,325,000 USD for the prior-year comparative period. Operating Income (Loss) was $53,055,000 USD, above the prior-year comparative of $10,685,000 USD.

Net Income (Loss) Attributable to Parent was $61,610,000 USD, above the prior-year comparative of $41,661,000 USD. 9 per diluted share USD/SHARES. The reporting period is the interim period described in this filing, identified by 10-Q for period-ended-2026-06-30, filed by DIODES INC /DEL/ under CIK 0000029002 with accession 0001193125-26-335450 and ticker DIOD.

The source scope is the unaudited condensed consolidated financial statements and accompanying notes for the three-month reporting period the three months ended June 30, 2026 and the six-month year-to-date period the six months ended June 30, 2026, together with the prior-year comparatives for the three months ended June 30, 2025 and the six months ended June 30, 2025. This section's bottom line: every cataloged income-statement dimension moved higher year over year in both the quarter and the year-to-date, with no transition out of profit and no disclosed peer or industry benchmark in the filing evidence.

The filing evidence contains no peer or industry comparison. The filing evidence does not disclose segment-level detail for this dimension. No cause is assigned to any of the movements above.

Financial performance

the filing under 10-Q for DIODES INC /DEL/ (DIOD, 0000029002, accession 0001193125-26-335450, fiscal period period-ended-2026-06-30) reports the income-statement dimensions for the three-month reporting period and the six-month year-to-date period alongside their prior-year comparatives; no quarter-over-quarter sequence and no forward guidance statements are present in the filing evidence. Reported facts - Revenue from Contract with Customer, Excluding Assessed Tax is recorded at $445,529,000 USD for the three-month reporting period the three months ended June 30, 2026 and at $850,996,000 USD for the six-month year-to-date period the six months ended June 30, 2026.

- Revenue from Contract with Customer, Excluding Assessed Tax for the prior-year comparative is recorded at $366,212,000 USD for the three months ended June 30, 2025 and at $698,325,000 USD for the six months ended June 30, 2025. - Operating Income (Loss) is recorded at $33,290,000 USD for the three months ended June 30, 2026 and at $53,055,000 USD for the six months ended June 30, 2026. - Operating Income (Loss) for the prior-year comparative is recorded at $9,389,000 USD for the three months ended June 30, 2025 and at $10,685,000 USD for the six months ended June 30, 2025.

- Net Income (Loss) Attributable to Parent is recorded at $46,649,000 USD for the three months ended June 30, 2026 and at $61,610,000 USD for the six months ended June 30, 2026. - Net Income (Loss) Attributable to Parent for the prior-year comparative is recorded at $46,098,000 USD for the three months ended June 30, 2025 and at $41,661,000 USD for the six months ended June 30, 2025. 33 per diluted share USD/SHARES for the six months ended June 30, 2026.

9 per diluted share USD/SHARES for the six months ended June 30, 2025. Management explanations - The filing states that interim financial reporting follows GAAP and that certain interim expenses, including income taxes, are based on full-year forecasts, with quarterly tax provision reflecting the estimated annual effective rate together with discrete items. - Dollar and share amounts are presented in thousands, except per-share amounts, unless otherwise noted.

- Certain prior-period balances were reclassified to conform to the current condensed consolidated financial statement presentation. - The filing describes a series of recently issued Accounting Standards Updates (an environmental-credits standard, a hedge-accounting amendments update, a credit-losses practical expedient for current receivables and contract assets, a VIE-acquirer clarification, and an expense-disaggregation disclosure update). It states the Company adopted the hedge-accounting amendments in the three months ended June of the current year with no material impact, adopted the credit-losses practical expedient in the first quarter of an earlier year with no material impact, and is currently evaluating the effect of adoption of the environmental-credits standard and the VIE-acquirer clarification.

- Note Note 10 addresses stockholders' equity and preferred-stock disclosure, Note Note 11 addresses derivative financial instruments, and Note Note 12 addresses the deferred compensation program. Analyst inference - Drawing on the authorized year-over-year relations in this section's catalog, Revenue from Contract with Customer, Excluding Assessed Tax increased versus the prior-year three-month reporting period and increased versus the prior-year six-month year-to-date period. - Operating Income (Loss) increased versus the prior-year three-month reporting period (transition continued profitability) and increased versus the prior-year six-month year-to-date period (transition continued profitability).

- Net Income (Loss) Attributable to Parent increased versus the prior-year three-month reporting period (transition continued profitability) and increased versus the prior-year six-month year-to-date period (transition continued profitability). - Earnings Per Share, Diluted increased versus the prior-year three-month reporting period (transition continued profitability) and increased versus the prior-year six-month year-to-date period (transition continued profitability). - No quarter-over-quarter direction is asserted for any of these dimensions, because the filing evidence does not include the immediately preceding quarter; the relevant year-over-year fact keys support year-over-year comparison only.

Counter-evidence - The filing text describes recently issued standards still under evaluation (the environmental-credits update and the VIE-acquirer clarification) that could affect future periods, but the filing evidence does not quantify any resulting change to the reported income-statement dimensions. Unknowns - The filing evidence contains no forward guidance, no analyst estimates, and no peer or industry comparison for any of the reported income-statement dimensions, so The filing evidence contains no peer or industry comparison.

applies to peer benchmarking; the cause-and-effect attribution for each year-over-year movement is The filing evidence does not attribute this change to any single cause..

Operating drivers and segments

The filing from DIODES INC /DEL/ under 10-Q for period-ended-2026-06-30 (accession 0001193125-26-335450, CIK 0000029002, ticker DIOD) does not break out reportable segments. The condensed consolidated statements capture enterprise-wide results, with revenue and operating income presented on a single set of lines tied to the cited note that summarises operations and significant accounting policies. Against that backdrop, Revenue from Contract with Customer, Excluding Assessed Tax for the three-month reporting period was $445,529,000, and the prior-year comparative for the three-month reporting period was $366,212,000.

For the six-month year-to-date period, the same line was $850,996,000, versus $698,325,000 for the prior-year comparative. Operating Income (Loss) for the three-month reporting period was $33,290,000, against $9,389,000 for the prior-year comparative, and for the six-month year-to-date period it was $53,055,000, against $10,685,000 for the prior-year comparative. ).

No segment gross margin, end-market mix, or geographic split is disclosed in the filing evidence, so segment-level margins cannot be assessed. The cited note frames DIODES INC /DEL/ as a supplier of analog and power semiconductor products across automotive, industrial, computing, consumer electronics, and communications markets, organised around a hybrid manufacturing model, but it does not quantify the contribution of any end market. Management attributes the interim figures to "normal recurring adjustments and accruals" under GAAP, notes that prior period balances were reclassified to conform to the current presentation, and observes that results for the three and six months are not necessarily indicative of other interim periods or the year ending December of the following calendar year.

The company also flags adoption of a hedge accounting ASU in the three months ended in mid-year and continues to evaluate the effect of an environmental credits ASU and a credit-loss measurement ASU, none of which is linked in the filing to a specific operating-line movement. ). ).

Items discussed under Part II — including Item 1, Item 1A, Item 2, Item 3, and Item 4 — do not provide additional operating-driver detail in the filing evidence. References such as Level 1, Level 2, Level 3, Note 10, Note 11, and Note 12 touch fair-value hierarchy, stockholders' equity, derivatives, and deferred compensation rather than segment results, and Item 5 and Item 6 address signatures and exhibits only.

Cash flow and capital

During the six-month year-to-date period ending on the date covered by this filing, operating cash generation was positive and stepped higher than the prior-year comparable period, supporting an internal funding capacity that flowed through into the company's investing and financing posture. Investing activities were a net use of cash in both periods, with the current outflow higher than the prior year on a relative basis, consistent with continued capital deployment into productive assets. Financing activities were also a net use of cash in both periods, and the use deepened versus the prior-year comparable period, reflecting a more pronounced return of capital alongside debt servicing.

The filing evidence does not attribute this change to any single cause. Capital spending, captured in payments to acquire property, plant, and equipment, ran higher in the current six-month year-to-date period than in the prior-year comparable, signalling that the company is reinvesting in its asset base at a faster pace than a year earlier — a posture consistent with the operating-cash-flow strength noted above. Share repurchases also grew year over year at the six-month level, moving from a smaller buyback footprint in the prior period to a larger aggregate commitment in the current period.

The filing specifically flags repurchase activity during the second quarter, when the company bought back a meaningful block of common stock for an aggregate purchase price expressed in millions of dollars; those repurchased shares are held as treasury stock and excluded from the basic and diluted share count from the date of repurchase forward. Dividends are not part of the cash-return picture — the filing explicitly states that no dividends were paid on the common stock in any of the periods presented. The filing evidence does not attribute this change to any single cause.

On the balance sheet side as of the reporting date, cash and cash equivalents (at carrying value) stood at a level that, alongside the operating-cash inflow cited above, points to liquidity available to fund both the higher capital-expenditure run-rate and the stepped-up buyback program. Accounts payable, current, was reported as well; together with the cash balance, these two lines frame the working-capital position at the balance-sheet date and provide the spine for assessing how aggressively cash is being recycled into growth investment versus being returned to shareholders.

The filing evidence contains no peer or industry comparison. Within capital allocation, the order of priority implied by the cash flow statement is investment first, then return of capital: a larger investing outflow funded primarily by the higher operating-cash inflow, with the residual — together with existing cash — supporting an enlarged repurchase program. The filing does not tie specific dollar amounts of capital expenditures or buybacks to named projects or programs, so the precise targeting of either line item is not disclosed in the filing evidence.

The filing evidence does not attribute this change to any single cause. The fair-value hierarchy framing in the source narrative and the disclosure context for derivatives, deferred compensation, and stockholders' equity are present in the filing but do not bear directly on this section's cash-flow, balance-sheet, and capital-allocation dimensions. The filing evidence contains no peer or industry comparison.

Peer and historical context

The DIODES INC /DEL/ period-ended-2026-06-30 10-Q filing (accession 0001193125-26-335450, CIK 0000029002, ticker DIOD) supplies four reported lines across two prior-year comparisons: Revenue from Contract with Customer, Excluding Assessed Tax at $445,529,000 for the three months ended June 30, 2026 versus $366,212,000 for the three months ended June 30, 2025 and at $850,996,000 for the six months ended June 30, 2026 versus $698,325,000 for the six months ended June 30, 2025; Operating Income (Loss) at $33,290,000 versus $9,389,000 and at $53,055,000 versus $10,685,000; Net Income (Loss) Attributable to Parent at $46,649,000 versus $46,098,000 and at $61,610,000 versus $41,661,000; and Net Cash Provided by (Used in) Operating Activities at $132,788,000 versus $98,264,000 for the half-year window only.

The reported relations state that each of these four lines moved higher in the available comparison window, with every profitability line staying in profit and Operating Cash Flow staying positive on a year-to-date basis. The filing evidence does not attribute this change to any single cause. The filing evidence contains no peer or industry comparison.

The directional improvement is uniform across every reported line in every available window, and the catalog contains no offsetting counter-trend to soften the read. Even so, the only historical reference is the prior-year period itself, so the improvement is benchmarked solely against DIODES INC /DEL/'s own trailing results rather than against any pre-period baseline, cyclical low, peer median, or external semiconductor index, which limits how much weight can be placed on the headline direction. The absence of a peer dataset, the absence of any cause language in the quoted narrative, and the absence of any prior-period-to-prior-period multi-year stack mean that statements framed as "strongest in the cycle," "outperforming the sector," or "recovering from a prior trough" are unsupported by the filing evidence and should be treated as The filing evidence does not attribute this change to any single cause.

and The filing evidence contains no peer or industry comparison. respectively. - The reported ledger records Revenue, Operating Income, Net Income and Operating Cash Flow as higher than the prior period in both the three-month window and the six-month year-to-date window, with every profitability line remaining in profit and Operating Cash Flow remaining positive on a half-year basis.

The filing evidence does not attribute this change to any single cause. - The fair-value hierarchy disclosures in the quoted narrative rely on Level 1 for trading securities and on a blend of Level 1 and Level 2 for short-term, long-term and deferred compensation investments, with revolving credit facility debt valued using Level 2, as further detailed in Note 12 for the deferred compensation program and Note 11 for derivatives; this is descriptive context rather than a peer benchmark. - The earnings-per-share and equity discussion covered in the cited note confirms that no dividends were paid in any period presented and that buybacks reduced the share count during the three-month window, but it does not quantify per-share outcomes and offers no peer comparison.

, and because no line of the catalog attributes the directional improvement to a specific driver, every directional sentence above is paired with The filing evidence does not attribute this change to any single cause..

Scenario analysis

The reporting package for DIODES INC /DEL/ under 10-Q for period-ended-2026-06-30 supports a base case anchored in the top-line and bottom-line trajectory already in evidence. Revenue from Contract with Customer, Excluding Assessed Tax for the three months ended June 30, 2026 is higher than the three months ended June 30, 2025 ($445,529,000 vs $366,212,000), and the same direction holds across the six-month frame, where $850,996,000 exceeds $698,325,000. Net Income (Loss) Attributable to Parent extends that path: $46,649,000 is higher than $46,098,000, and $61,610,000 is higher than $41,661,000, with both periods remaining profitable.

In a base case, that compound outcome — higher revenue and higher net income, with no transition out of profitability — is the conditional continuation the filing supports. The qualitative direction is set by the reported comparisons; the magnitude is filled in by the audited values inserted after this draft. The filing evidence does not attribute this change to any single cause.

An upside case requires the same revenue and earnings vectors to extend, but with stronger operating leverage than the base path implies. The filing supplies a revenue base (higher in both the three months ended June 30, 2026 and the six months ended June 30, 2026 versus the prior-year comparatives) and a higher net income base for the same windows. The upside is conditional rather than asserted: it assumes that the realized spread between revenue growth and net income growth widens relative to the historical slope embedded in $445,529,000 / $366,212,000 and $46,649,000 / $46,098,000, and similarly for the six-month comparators.

The filing's fair-value hierarchy disclosures and the referenced notes — Note 11 for derivative instruments and Note 12 for the deferred compensation program — describe the measurement framework for instruments that can move Other income (expense), but the upside scenario is not a stated forecast and the magnitude is not derivable here. The filing evidence does not attribute this change to any single cause. A downside case would require the reported vectors to compress or reverse, and the filing evidence does not show that direction.

Both revenue lines (] vs $366,212,000 and $850,996,000 vs $698,325,000) and both net income lines ($46,649,000 vs $46,098,000 and $61,610,000 vs $41,661,000) sit on the higher side of their prior-year comparators, with no transition out of profitability. The qualitative downside is therefore narrow: a deceleration in the growth differential between revenue and net income, or a quarter where the comparator relationship inverts, would mark the downside boundary relative to the base case already described.

Items filed under Item 1A (Risk Factors) and Item 4 (Controls and Procedures) are referenced sections rather than quantified downside inputs, so a quantified downside magnitude cannot be derived from the filing evidence. The filing evidence does not attribute this change to any single cause.

Risks and what to watch

Reported facts - The most recent three-month period the three months ended June 30, 2026 produced Revenue from Contract with Customer, Excluding Assessed Tax of $445,529,000 USD, which the reported comparison characterizes as higher than the prior-year comparative of $366,212,000 USD for the three months ended June 30, 2025. - The six-month year-to-date period the six months ended June 30, 2026 produced Revenue from Contract with Customer, Excluding Assessed Tax of $850,996,000 USD, higher than the prior-year comparative of $698,325,000 USD for the six months ended June 30, 2025.

- Net Income (Loss) Attributable to Parent for the three months ended June 30, 2026 was $46,649,000 USD, higher than the prior-year comparative of $46,098,000 USD for the three months ended June 30, 2025. - Net Income (Loss) Attributable to Parent for the six months ended June 30, 2026 was $61,610,000 USD, higher than the prior-year comparative of $41,661,000 USD for the six months ended June 30, 2025. Management explanations - The filing describes the use of Level 1 Inputs for trading securities and for short-term, long-term and deferred compensation investments, alongside Level 2 Inputs applied to those same investment categories plus revolving credit facility debt; Level 3 Inputs appear in the fair-value hierarchy framework as the residual unobservable tier.

- The effective-tax-rate discussion cites research and development tax incentives and nontaxable investment gains as partial offsets to taxes on foreign income and nondeductible compensation, framing the rate for the three and six months ended that month without quantifying it. - The fair-value discussion cross-references Note 12 for the deferred compensation program and Note 11 for derivative financial instruments, locating the disclosures that govern those balances. Analyst inference - The inventory of permitted comparators implies broad-based improvement across revenue, net income and operating income between the six months ended June 30, 2026 and the six months ended June 30, 2025 and between the three months ended June 30, 2026 and the three months ended June 30, 2025; counter-evidence of margin compression, top-line weakness or cash-flow deterioration across those same windows is not present in the reported list.

- Because every permitted relation carries , any narrative about pricing, mix, volumes, productivity or one-time items lifting the period would exceed the evidence and must be written as The filing evidence does not attribute this change to any single cause. rather than asserted. Counter-evidence - The filing itself acknowledges that inputs other than quoted prices can be derived principally from or corroborated by observable market data, leaving room for valuation judgments inside Level 2 Inputs that could move either direction in future periods.

- Long-term investments tied to the LSC acquisition are carried under the fair-value hierarchy and could become a counterweight to reported income through Other income (expense) if market conditions shift, though no direction is stated for that line in the narrative. - Deferred compensation program balances under Note 12 and derivative instruments under Note 11 represent additional fair-value exposures that could swing between periods without an underlying operating change. Unknowns - Segment-level breakdown of the revenue and net-income gains is not disclosed within the narrative, so the question of which end market drove the year-over-year lift must be written as The filing evidence does not disclose segment-level detail for this dimension..

- No peer or industry comparison is contained in the filing evidence, so any relative-performance framing must be written as The filing evidence contains no peer or industry comparison.. - The filing evidence does not attribute the revenue, net-income or operating-income moves to any single cause, so the source of the year-over-year change must be written as The filing evidence does not attribute this change to any single cause..