Slide 1: Second Quarter 2026 Financial Results
SECOND QUARTER 2026 FINANCIAL RESULTS Diodes Incorporated (DIOD) August 5, 2026 diodes.com
Slide 2: Safe Harbor Statement
Safe Harbor Statement 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 those i
Slide 3: About Diodes Incorporated
About Diodes Incorporated 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 67 34 ~8000 Vision: Years in Consecutive years N
Slide 4: $Billion Financial Targets
$Billion Financial Targets 3 3-Year Targets (2028): $2B Revenue Gross Profit: $700M Goal 4: $1B Profit Before Tax 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: $1B Market Cap - 2010
Slide 5: Profitability Growth
Profitability Growth 4 Track Record of Continued Performance Annual Revenue ($ in millions) Gross Profit ($ in millions)
Slide 6: Targeted Market Segments
Targeted Market Segments 5 Automotive ▪ Connected driving, comfort/style/safety, electrification/powertrain 44% of revenue Industrial (Q2 2026) ▪ Embedded systems, industrial automation, medical, energy management, smart buildings Computing ▪ AI data center including AI server, storage, and edge AI
Slide 7: 2Q FY26 Performance
2Q FY26 Performance 6 Revenue GAAP Gross Profit GAAP Gross Margin Non-GAAP EPS $445.5M $147.6M 33.1% $0.70 +9.9% Q-Q + 14.6% Q-Q +130 bps Q-Q +62.8% Q-Q Non-GAAP Net Income EBITDA Cash Flow from Ops Strong Balance Sheet $32.5M $83.5M $68.5M $442M/$40M + 64.1% Q-Q 18.7% of Revenue 15.4% of Revenue Ca
Slide 8: 2Q FY26 Highlights
2Q FY26 Highlights 7 2Q revenue achieved 22% YoY growth and 10% QoQ increase Non-GAAP EPS is up over 100% year-over-year Strong balance sheet with $442 million in cash and cash equivalents*; $931 million working capital Proposed acquisition of ElevATE Semiconductor: expected to close in late 2026 an
Slide 9: Quarterly Performance
Quarterly Performance 8 Revenue ($ Millions) Gross Profit ($ Millions) ▪ Highest quarterly revenue since 2023 ▪ 2Q revenue increased 21.7% YoY ▪ Highest quarterly GP$ since 2023 , margin increased ▪ Sixth consecutive quarter of double-digit YoY growth 160bps YoY ▪ Non-GAAP EPS increased over 100% Yo
Slide 10: Revenue Profile for Second Quarter 2026
Revenue Profile for Second Quarter 2026 9
Slide 11: Income Statement – Second Quarter 2026
Income Statement – Second Quarter 2026 10 ($ in millions, except EPS) 2Q25 1Q256 2Q26 Net sales 366.2 405.5 445.5 Gross profit (GAAP) 115.3 128.8 147.6 Gross profit margin % (GAAP) 31.5% 31.8% 33.1% Net income (GAAP) 46.1 15.0 46.6 Net income (non-GAAP) 15.0 19.8 32.5 Diluted EPS (non-GAAP) 0.32 0.4
Slide 12: Balance Sheet
Balance Sheet 11 ($ in millions) Dec 31, 2024 Dec 31, 2025 June 30, 2026 Cash* 322 382 442 Inventory 475 472 505 Current assets 1,224 1,257 1,360 Total assets 2,386 2,448 2,583 Total debt 52 56 40 Total liabilities 517 510 561 Total equity 1,869 1,938 2,022 * Cash and cash equivalents, restricted ca
Slide 13: Business Outlook - Third Quarter 2026
Business Outlook - Third Quarter 2026 12 ▪ Revenue to be ~$510 million, +/- 3.0% Representing 30% growth over the prior year period and a 14% increase sequentially at the mid-point, which is significantly better than typical seasonality ▪ GAAP gross margin of 35%, +/- 1% ▪ Non-GAAP adjusted EPS is e
Slide 14: Investment Summary
Investment Summary 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 $4.00+ non-GAAP EPS S
Slide 15: Thank You
THANK YOU diodes.com Inspiring future technology through leading semiconductor solutions
Slide 16: Reconciliation of Net Income to Adjusted Net Income
Reconciliation of Net Income to Adjusted Net Income 15 For the three months ended June 30, 2026 (in thousands, except per share data) (unaudited) Other Operating (Income) Income Tax Expenses Expense Provision Net Income Per-GAAP net income $ 46,649 Diluted earnings per share (per-GAAP) $ 1.00 Adjust
Slide 17: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation 16 (in thousands, except per share data) For the three months ended June 30, 2025 (unaudited) Other Operating (Income) Income Tax Expenses Expense Provision Net Income Per-GAAP net income $ 46,098 Diluted earnings per share (per-GAAP) $ 0.99 Adjustments to reconcile n