Slide 1: Third Quarter 2025 Financial Results
Third Quarter 2025 Financial Results Diodes Incorporated (DIOD) Plano, TX, USA November 6, 2025
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 discrete 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 2024 66 33 ~8400 Vision: Years in Conse
Slide 4: Longer Term $B Corporate Objectives
Longer Term $B Corporate Objectives Page 3 ▪ Goal 1: $1B Market Cap ▪ Goal 2: $1B Annual Revenue ▪ Goal 3: $1B Gross Profit $1B PBT ▪ Goal 4: $1B Profit Before Tax Next Target: $1B Gross Profit $1B Gross Profit Gross Margin: 40% Revenue: $2.5B $1B Revenue - 2017 $1B Market Cap - 2010
Slide 5: Targeted Market Segment Goal
Targeted Market Segment Goal Page 4 Automotive ▪ Connected driving, comfort/style/safety, electrification/powertrain ~40% of revenue Industrial (41% for Q3 2025) ▪ Embedded systems, precision controls, medical, clean energy, machine to machine, robotics, motor controls, and AIoT Consumer ▪ IoT: wear
Slide 6: Profitability Growth
Profitability Growth Page 5 Track Record of Continued Outperformance Annual Revenue ($ in millions) Gross Profit ($ in millions) * Revenue/Gross Margin for 2025 are based on Q1-Q3 results and Q4 guidance provided on November 6, 2025
Slide 7: 3Q FY25 Highlights
3Q FY25 Highlights Page 6 3Q revenue exceeded expectations and grew 7% sequentially and 12% year-over-year Point of sales (POS) increased the strongest in Asia followed by North America Free cash flow per share was $1.35 for 3Q and $4.02 for the trailing twelve months Strong balance sheet with $392
Slide 8: 3Q FY25 Performance
3Q FY25 Performance Page 7 Revenue GAAP Gross Profit GAAP Gross Margin Non-GAAP EPS $392.2M $120.5M 30.7% $0.37 +7.1% Q-Q +4.5% Q-Q -80 bps Q-Q +15.6% Q-Q Non-GAAP Cash Flow from Ops Strong Balance Sheet EBITDA Net Income $17.2M $46.6M $79.1M $392M/$58M Cash*/Debt +14.7% Q-Q 11.9% of Revenue 20.2% o
Slide 9: Revenue Profile for Third Quarter 2025
Revenue Profile for Third Quarter 2025 Page 8
Slide 10: Quarterly Performance
Quarterly Performance Page 9 Revenue ($ Millions) Gross Profit ($ Millions) • 3Q revenue increased 7% sequentially and 12% year-over-year • Product mix (from computing and consumer) unfavorably weighed on gross margin in 3Q25 • Growth driven by strong demand in Computing for AI-related server applic
Slide 11: Income Statement – Third Quarter 2025
Income Statement – Third Quarter 2025 Page 10 ($ in millions, except EPS) 3Q24 2Q25 3Q25 Net sales 350.1 366.2 392.2 Gross profit (GAAP) 118.0 115.3 120.5 Gross profit margin % (GAAP) 33.7% 31.5% 30.7% Net income (GAAP) 13.7 46.1 14.3 Net income (non-GAAP) 20.1 15.0 17.2 Diluted EPS (non-GAAP) 0.43
Slide 12: Balance Sheet
Balance Sheet Page 11 ($ in millions) Dec 31, 2023 Dec 31, 2024 Sept 30, 2025 Cash* 329 322 392 Inventory 390 475 471 Current assets 1,187 1,224 1,274 Total assets 2,368 2,386 2,470 Total debt 62 52 58 Total liabilities 558 517 522 Total equity 1,810 1,869 1,947 * Cash and cash equivalents, restrict
Slide 13: Business Outlook - Fourth Quarter 2025
Business Outlook - Fourth Quarter 2025 Page 12 ▪ Revenue to be ~$380 million, +/- 3.0% ▪ Income tax rate to be 18.5%, +/- 3% representing 12 percent growth over the prior year period at the mid-point, which will be the ▪ Shares used to calculate diluted EPS are approximately 46.4 million fifth conse
Slide 14: Investment Summary
Investment Summary Page 13 ▪ Vision: Expand shareholder value ▪ Mission: Profitability growth to drive 20%+ operating profit ▪ Next Strategic Goal: $1B gross profit ▪ Tactics: ▪ Total system solutions sales approach and content expansion driving growth ▪ Focus on key accounts ▪ Increased focus on hi
Slide 15: Thank you
DIODES Analog and Discrete Power Solutions In CORPORATE D 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 September 30, 2025 (unaudited) Other Operating (Income) Income Tax Expenses Expense Provision Net Income Per-GAAP net income $ 14,278 Diluted earnings per share (per-GAAP) $ 0
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 September 30, 2024 Other (unaudited) Operating (Income) Income Tax Expenses Expense Provision Net Income Per-GAAP net income $ 13,745 Diluted earnings per share (per-GAAP) $ 0.30 Adjustments to r