Diodes Inc 2025年季度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act: If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒The number of shares of the registrant’s Common Stock outstanding as of May 5, 2025 was46,401,358. PART I – FINANCIAL INFORMATION Item 1. Financial Statements(Unaudited) Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. ExhibitsSIGNATURES DIODES INCORPORATED AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)(In thousands, except per share data) DIODES INCORPORATED AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1 – Summary of Operations and Significant Accounting Policies Summary of Operations Diodes Incorporated, together with its subsidiaries (collectively the “Company,” “we,” or “our” (Nasdaq: DIOD)), a Standardand Poor’s Smallcap 600 and Russell 3000 Index company, is a leading global manufacturer and supplier of high-qualityapplication-specific standard products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. The The Company’s diverse product portfolio covers diodes; rectifiers; transistors; MOSFETs; SiC diodes and MOSFETs;protection devices; logic; voltage translators; amplifiers and comparators; sensors; and power management devices such as AC-DCconverters, DC-DC switching, photocoupler, linear voltage regulators, voltage references, LED drivers, power switches, andvoltage supervisors. We also have timing and connectivity solutions including clock ICs, crystal oscillators, PCIe packet switches, The Company operates from the following locations, with additional support offices throughout the world: Plano, Texas, United States•Design, Engineering, and MarketingShanghai, Yangzhou, Shenzhen, and Hong Kong, ChinaOldham, EnglandBratislava, Slovakia New Taipei City, Hsinchu, and Tainan, Taiwan Milpitas, California, and Plano, Texas, United States•Wafer FabricationShanghai and Wuxi, ChinaOldham, EnglandGreenock, ScotlandHsinchu, TaiwanSouth Portland, Maine, United States•Assembly and TestShanghai, Chengdu, and Wuxi, ChinaNeuhaus am Rennweg, GermanyChongli, Taiwan The Company’s manufacturing facilities have achieved certifications in the internationally recognized standards of ISO9001:2015, ISO 14001:2015, and, for automotive products, IATF 16949:2016 and the Company is also C-TPAT certified. Webelieve these quality awards reflect the superior quality-control techniques established at the Company and further enhance our Our market focus is on high-growth, end-user applications in the following areas: •Industrial: embedded systems, precision controls, medical, clean energy, machine to machine, robotics, motor control,and AIoT;•Automotive: connected driving, comfort/style/safety, and electrification/powertrain; •Computing: cloud computing: server, AI server, storage, data centers, and edge AI;•Communications: smart phones, 5G networks, and enterprise networking; and Basis of Presentation The condensed consolidated financial data at December 31, 2024 are derived from audited financial statements included inour Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission(“SEC”) on February 14, 2025 (“Form 10-K”). The accompanying unaudited condensed consolidated financial statements havebeen prepared in accordance with United States Generally Accepted Accounting Principles (“GAAP”) for interim financialinformation and with the instructions to Form 10-Q. They do not include all information and footnotes necessary for a fairpresentation of financial position, operating results, and cash flows in conformity with GAAP for complete financial statements.These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and The preparation of financial statements in conformity with GAAP requires ma