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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and DIODES INC (DIOD). Click either name above to swap in a different company.
DIODES INC is the larger business by last-quarter revenue ($391.6M vs $240.1M, roughly 1.6× ASTRONICS CORP). On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 15.1%). ASTRONICS CORP produced more free cash flow last quarter ($15.8M vs $12.4M). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs 13.9%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
ATRO vs DIOD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $391.6M |
| Net Profit | — | $10.2M |
| Gross Margin | 33.3% | 31.1% |
| Operating Margin | 14.8% | 3.4% |
| Net Margin | — | 2.6% |
| Revenue YoY | 15.1% | 15.4% |
| Net Profit YoY | — | 23.8% |
| EPS (diluted) | $0.82 | $0.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $240.1M | $391.6M | ||
| Q3 25 | $211.4M | $392.2M | ||
| Q2 25 | $204.7M | $366.2M | ||
| Q1 25 | $205.9M | $332.1M | ||
| Q4 24 | $208.5M | $339.3M | ||
| Q3 24 | $203.7M | $350.1M | ||
| Q2 24 | $198.1M | $319.8M | ||
| Q1 24 | $185.1M | $302.0M |
| Q4 25 | — | $10.2M | ||
| Q3 25 | $-11.1M | $14.3M | ||
| Q2 25 | $1.3M | $46.1M | ||
| Q1 25 | $9.5M | $-4.4M | ||
| Q4 24 | — | $8.2M | ||
| Q3 24 | $-11.7M | $13.7M | ||
| Q2 24 | $1.5M | $8.0M | ||
| Q1 24 | $-3.2M | $14.0M |
| Q4 25 | 33.3% | 31.1% | ||
| Q3 25 | 30.5% | 30.7% | ||
| Q2 25 | 25.8% | 31.5% | ||
| Q1 25 | 29.5% | 31.5% | ||
| Q4 24 | 29.8% | 32.7% | ||
| Q3 24 | 27.1% | 33.7% | ||
| Q2 24 | 28.0% | 33.6% | ||
| Q1 24 | 25.7% | 33.0% |
| Q4 25 | 14.8% | 3.4% | ||
| Q3 25 | 10.9% | 3.0% | ||
| Q2 25 | 2.3% | 2.6% | ||
| Q1 25 | 6.4% | 0.4% | ||
| Q4 24 | 4.3% | 3.5% | ||
| Q3 24 | 4.1% | 6.2% | ||
| Q2 24 | 3.8% | 1.2% | ||
| Q1 24 | 0.9% | 4.3% |
| Q4 25 | — | 2.6% | ||
| Q3 25 | -5.2% | 3.6% | ||
| Q2 25 | 0.6% | 12.6% | ||
| Q1 25 | 4.6% | -1.3% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | -5.8% | 3.9% | ||
| Q2 24 | 0.8% | 2.5% | ||
| Q1 24 | -1.7% | 4.6% |
| Q4 25 | $0.82 | $0.23 | ||
| Q3 25 | $-0.31 | $0.31 | ||
| Q2 25 | $0.04 | $0.99 | ||
| Q1 25 | $0.26 | $-0.10 | ||
| Q4 24 | $-0.07 | $0.18 | ||
| Q3 24 | $-0.34 | $0.30 | ||
| Q2 24 | $0.04 | $0.17 | ||
| Q1 24 | $-0.09 | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $377.0M |
| Total DebtLower is stronger | — | $25.7M |
| Stockholders' EquityBook value | $140.1M | $1.9B |
| Total Assets | $706.7M | $2.4B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $377.0M | ||
| Q3 25 | $13.5M | $386.4M | ||
| Q2 25 | $13.5M | $327.3M | ||
| Q1 25 | $24.8M | $343.9M | ||
| Q4 24 | $9.3M | $316.1M | ||
| Q3 24 | $5.2M | $319.3M | ||
| Q2 24 | $2.9M | $273.9M | ||
| Q1 24 | $5.3M | $276.0M |
| Q4 25 | — | $25.7M | ||
| Q3 25 | — | $24.9M | ||
| Q2 25 | — | $26.4M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | — | $20.7M | ||
| Q3 24 | — | $22.2M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $20.9M |
| Q4 25 | $140.1M | $1.9B | ||
| Q3 25 | $108.9M | $1.9B | ||
| Q2 25 | $271.6M | $1.9B | ||
| Q1 25 | $266.8M | $1.8B | ||
| Q4 24 | $256.1M | $1.8B | ||
| Q3 24 | $249.2M | $1.8B | ||
| Q2 24 | $257.9M | $1.8B | ||
| Q1 24 | $251.7M | $1.7B |
| Q4 25 | $706.7M | $2.4B | ||
| Q3 25 | $682.2M | $2.5B | ||
| Q2 25 | $646.7M | $2.5B | ||
| Q1 25 | $662.2M | $2.4B | ||
| Q4 24 | $648.8M | $2.4B | ||
| Q3 24 | $651.6M | $2.4B | ||
| Q2 24 | $644.9M | $2.4B | ||
| Q1 24 | $630.0M | $2.4B |
| Q4 25 | — | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.01× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $38.1M |
| Free Cash FlowOCF − Capex | $15.8M | $12.4M |
| FCF MarginFCF / Revenue | 6.6% | 3.2% |
| Capex IntensityCapex / Revenue | 4.9% | 6.6% |
| Cash ConversionOCF / Net Profit | — | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $38.1M | ||
| Q3 25 | $34.2M | $79.1M | ||
| Q2 25 | $-7.6M | $41.5M | ||
| Q1 25 | $20.6M | $56.7M | ||
| Q4 24 | $26.4M | $81.8M | ||
| Q3 24 | $8.4M | $54.4M | ||
| Q2 24 | $-6.3M | $14.4M | ||
| Q1 24 | $2.0M | $-31.1M |
| Q4 25 | $15.8M | $12.4M | ||
| Q3 25 | $21.0M | $62.8M | ||
| Q2 25 | $-12.2M | $21.1M | ||
| Q1 25 | $18.5M | $40.8M | ||
| Q4 24 | $23.2M | $62.1M | ||
| Q3 24 | $6.5M | $39.4M | ||
| Q2 24 | $-8.1M | $-3.5M | ||
| Q1 24 | $439.0K | $-51.5M |
| Q4 25 | 6.6% | 3.2% | ||
| Q3 25 | 9.9% | 16.0% | ||
| Q2 25 | -6.0% | 5.8% | ||
| Q1 25 | 9.0% | 12.3% | ||
| Q4 24 | 11.1% | 18.3% | ||
| Q3 24 | 3.2% | 11.2% | ||
| Q2 24 | -4.1% | -1.1% | ||
| Q1 24 | 0.2% | -17.1% |
| Q4 25 | 4.9% | 6.6% | ||
| Q3 25 | 6.2% | 4.2% | ||
| Q2 25 | 2.2% | 5.6% | ||
| Q1 25 | 1.0% | 4.8% | ||
| Q4 24 | 1.5% | 5.8% | ||
| Q3 24 | 0.9% | 4.3% | ||
| Q2 24 | 0.9% | 5.6% | ||
| Q1 24 | 0.9% | 6.7% |
| Q4 25 | — | 3.74× | ||
| Q3 25 | — | 5.54× | ||
| Q2 25 | -5.81× | 0.90× | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | — | 9.93× | ||
| Q3 24 | — | 3.95× | ||
| Q2 24 | -4.08× | 1.80× | ||
| Q1 24 | — | -2.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
