Slide 1: Fourth Quarter 2025 Financial Results
Fourth Quarter 2025 Financial Results Diodes Incorporated (DIOD) Plano, TX, USA February 10, 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement Page 1 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from th
Slide 3: About Diodes Incorporated
About Diodes Incorporated Page 2 Diodes delivers analog and power solutions through its high-quality semiconductor products to the world’s leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. FY 2025 Vision: 67 34 ~8000 Years in Consecutive ye
Slide 4: $Billion Financial Targets
$Billion Financial Targets Page 3 3-Year Targets (2028): $2B Revenue Goal 4: $1B Profit Before Tax Gross Profit: $700M Gross Margin: 35%+ Non-GAAP EPS: $4.00+ Goal 3: $2.5B Revenue $1B Gross Profit (40% GM) Goal 2: $1B Revenue- 2017 Goal 1: $1B Market Cap - 2010
Slide 5: Targeted Market Segments
Targeted Market Segments Page 4 Automotive ▪ Connected driving, comfort/style/safety, electrification/powertrain 42% of revenue Industrial (Q4 2025) ▪ Embedded systems, industrial automation, medical, energy management, smart buildings Computing ▪ AI data center including AI server, storage, and edg
Slide 6: Profitability Growth
Profitability Growth Page 5 Track Record of Continued Performance Annual Revenue ($ in millions) Gross Profit ($ in millions)
Slide 7: 4Q FY25 Highlights
4Q FY25 Highlights Page 6 4Q revenue grew 15% year-over-year, which is the fourth consecutive quarter of year-over-year growth & automotive hit record 20% Full year 2025 revenue grew 13%, which is the highest level of annual growth since 2021 Full year 2025 cash flow from operations increased 80% to
Slide 8: 4Q FY25 Performance
4Q FY25 Performance Page 7 Revenue GAAP Gross Profit GAAP Gross Margin Non-GAAP EPS $391.6M $121.9M 31.1% $0.34 - 0.2% Q-Q +1.2% Q-Q + 40bps Q-Q -8.1% Q-Q Non-GAAP Cash Flow from Ops Strong Balance Sheet EBITDA Net Income $15.7M $41.9M $38.1M $382M/$56M Cash*/Debt -8.7% Q-Q 10.7% of Revenue 9.7% of
Slide 9: Revenue Profile for Fourth Quarter 2025
Revenue Profile for Fourth Quarter 2025 Page 8
Slide 10: Quarterly Performance
Quarterly Performance Page 9 Revenue ($ Millions) Gross Profit ($ Millions) • 4Q revenue increased 15% year-over-year • Began to realize initial improvements in gross margin as • Fourth consecutive quarter of double-digit YoY growth product mix benefited from growth in the Automotive market • Growth
Slide 11: Income Statement – Fourth Quarter 2025
Income Statement – Fourth Quarter 2025 Page 10 ($ in millions, except EPS) 4Q24 3Q25 4Q25 Net sales 339.3 392.2 391.6 Gross profit (GAAP) 110.9 120.5 121.9 Gross profit margin % (GAAP) 32.7% 30.7% 31.1% Net income (GAAP) 8.2 14.3 10.2 Net income (non-GAAP) 12.5 17.2 15.4 Diluted EPS (non-GAAP) 0.27
Slide 12: Balance Sheet
Balance Sheet Page 11 ($ in millions) Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Cash* 329 322 382 Inventory 390 475 472 Current assets 1,187 1,224 1,257 Total assets 2,368 2,386 2,448 Total debt 62 52 56 Total liabilities 558 517 510 Total equity 1,810 1,869 1,938 * Cash and cash equivalents, restricte
Slide 13: Business Outlook - First Quarter 2026
Business Outlook - First Quarter 2026 Page 12 ▪ Revenue to be ~$395 million, +/- 3.0% ▪ Income tax rate to be 18.5%, +/- 3% representing 19% growth over the prior year period and a slight increase sequentially at ▪ Shares used to calculate diluted EPS are approximately 46.4 million the mid-point, wh
Slide 14: Investment Summary
Investment Summary Page 13 Vision: ▪ Inspire future technology through leading semiconductor solutions. Mission: ▪ Deliver profitability growth through advanced analog and power solutions that enable innovation and efficiency across high-growth markets. 3-year Target : $2B revenue and $4+ non-GAAP E
Slide 15: Thank you
DIODES | Sclutions Thank you www.diodes.com
Slide 16: Reconciliation of Net Income to Adjusted Net Income
Reconciliation of Net Income to Adjusted Net Income Page 15 (in thousands, except per share data) For the three months ended December 31, 2025 (unaudited) Note: Included in GAAP net income and non-GAAP adjusted net income was approximately $5.3 million, net of tax, non-cash share-based compensation
Slide 17: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Page 16 (in thousands, except per share data) For the three months ended December 31, 2024 Other Operating (Income) Income Tax (unaudited) Expenses Expense Provision Net Income Per-GAAP net income $ 8,241 Diluted earnings per share (per-GAAP) $ 0.18 Adjustments to rec