---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039941"
form_type: "8-K"
ticker: "DIOD"
cik: "0000029002"
company_name: "DIODES INC /DEL/"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:05:54.226113+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Diodes Q2 revenue $467.2M, down 6.8% YoY; record gross margin 41.8%; Q3 guidance revenue ~$425M

## Summary
- GAAP EPS $1.77 vs $1.75 YoY; non-GAAP adjusted EPS $1.59 vs $1.90 YoY.
- Automotive and industrial product revenue hit record 48% of total product revenue.
- Q3 2023 revenue expected ~$425M (±3%), GAAP gross margin ~40.0% (±1%).
- EBITDA $133.5M, 28.6% of revenue, up from 26.1% YoY.
- Cash and equivalents $334M; total debt $89M; free cash flow $55.6M.

## SEC filing metadata
- accession: 0000950170-23-039941
- form_type: 8-K
- ticker: DIOD
- cik: 0000029002
- company_name: DIODES INC /DEL/
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29002/000095017023039941/0000950170-23-039941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29002/000095017023039941/diod-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039941
- JSON: https://secwatch.observer/filing/0000950170-23-039941.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039941.txt

## Key facts
- Earnings Releases
  DIODES INC /DEL/ reported the second quarter ended June 30, 2023 results: revenue $467.2 million, net income $82.0 million, EPS $1.77 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $467.2 million
  - Net income: $82.0 million
  - EPS: $1.77 per diluted share
  - Result: reported results
  source text: 8, 2023 -- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today reported its financial results for the second quarter ended June 30, 2023. Second Quarter Highlights • Revenue was $467.2 million, decreasing 6.8 percent from $501.0 million in the second quarter 2022 and flat with $467.2 million in the first quarter 2023; • Automotive and Industrial revenue was a record 48
  evidence_url: https://www.sec.gov/Archives/edgar/data/29002/000095017023039941/0000950170-23-039941-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.