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Side-by-side financial comparison of BALCHEM CORP (BCPC) 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 $270.7M, roughly 1.4× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 2.6%, a 12.3% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 8.1%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $12.4M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs 7.5%).
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
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.
BCPC vs DIOD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $391.6M |
| Net Profit | $40.3M | $10.2M |
| Gross Margin | — | 31.1% |
| Operating Margin | 20.5% | 3.4% |
| Net Margin | 14.9% | 2.6% |
| Revenue YoY | 8.1% | 15.4% |
| Net Profit YoY | 8.7% | 23.8% |
| EPS (diluted) | $1.25 | $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.
| Q1 26 | $270.7M | — | ||
| Q4 25 | $263.6M | $391.6M | ||
| Q3 25 | $267.6M | $392.2M | ||
| Q2 25 | $255.5M | $366.2M | ||
| Q1 25 | $250.5M | $332.1M | ||
| Q4 24 | $240.0M | $339.3M | ||
| Q3 24 | $239.9M | $350.1M | ||
| Q2 24 | $234.1M | $319.8M |
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $10.2M | ||
| Q3 25 | $40.3M | $14.3M | ||
| Q2 25 | $38.3M | $46.1M | ||
| Q1 25 | $37.1M | $-4.4M | ||
| Q4 24 | $33.6M | $8.2M | ||
| Q3 24 | $33.8M | $13.7M | ||
| Q2 24 | $32.1M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | 31.1% | ||
| Q3 25 | 35.7% | 30.7% | ||
| Q2 25 | 36.4% | 31.5% | ||
| Q1 25 | 35.2% | 31.5% | ||
| Q4 24 | 36.0% | 32.7% | ||
| Q3 24 | 35.6% | 33.7% | ||
| Q2 24 | 35.5% | 33.6% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | 3.4% | ||
| Q3 25 | 20.4% | 3.0% | ||
| Q2 25 | 20.1% | 2.6% | ||
| Q1 25 | 20.4% | 0.4% | ||
| Q4 24 | 19.8% | 3.5% | ||
| Q3 24 | 20.0% | 6.2% | ||
| Q2 24 | 19.6% | 1.2% |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | 2.6% | ||
| Q3 25 | 15.1% | 3.6% | ||
| Q2 25 | 15.0% | 12.6% | ||
| Q1 25 | 14.8% | -1.3% | ||
| Q4 24 | 14.0% | 2.4% | ||
| Q3 24 | 14.1% | 3.9% | ||
| Q2 24 | 13.7% | 2.5% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.21 | $0.23 | ||
| Q3 25 | $1.24 | $0.31 | ||
| Q2 25 | $1.17 | $0.99 | ||
| Q1 25 | $1.13 | $-0.10 | ||
| Q4 24 | $1.03 | $0.18 | ||
| Q3 24 | $1.03 | $0.30 | ||
| Q2 24 | $0.98 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $377.0M |
| Total DebtLower is stronger | — | $25.7M |
| Stockholders' EquityBook value | $1.3B | $1.9B |
| Total Assets | $1.7B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | — | ||
| Q4 25 | $74.6M | $377.0M | ||
| Q3 25 | $65.1M | $386.4M | ||
| Q2 25 | $65.4M | $327.3M | ||
| Q1 25 | $49.9M | $343.9M | ||
| Q4 24 | $49.5M | $316.1M | ||
| Q3 24 | $73.7M | $319.3M | ||
| Q2 24 | $63.7M | $273.9M |
| Q1 26 | — | — | ||
| 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 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.9B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.1B | $1.8B |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.7B | $2.4B | ||
| Q3 25 | $1.7B | $2.5B | ||
| Q2 25 | $1.7B | $2.5B | ||
| Q1 25 | $1.6B | $2.4B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.6B | $2.4B |
| Q1 26 | — | — | ||
| 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× |
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 | $40.1M | $38.1M |
| Free Cash FlowOCF − Capex | $33.8M | $12.4M |
| FCF MarginFCF / Revenue | 12.5% | 3.2% |
| Capex IntensityCapex / Revenue | 2.3% | 6.6% |
| Cash ConversionOCF / Net Profit | 0.99× | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | — | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $38.1M | ||
| Q3 25 | $65.6M | $79.1M | ||
| Q2 25 | $47.3M | $41.5M | ||
| Q1 25 | $36.5M | $56.7M | ||
| Q4 24 | $52.3M | $81.8M | ||
| Q3 24 | $51.3M | $54.4M | ||
| Q2 24 | $45.0M | $14.4M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | $12.4M | ||
| Q3 25 | — | $62.8M | ||
| Q2 25 | — | $21.1M | ||
| Q1 25 | — | $40.8M | ||
| Q4 24 | — | $62.1M | ||
| Q3 24 | — | $39.4M | ||
| Q2 24 | — | $-3.5M |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 18.3% | ||
| Q3 24 | — | 11.2% | ||
| Q2 24 | — | -1.1% |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 4.3% | ||
| Q2 24 | — | 5.6% |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | 3.74× | ||
| Q3 25 | 1.63× | 5.54× | ||
| Q2 25 | 1.23× | 0.90× | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 1.56× | 9.93× | ||
| Q3 24 | 1.52× | 3.95× | ||
| Q2 24 | 1.40× | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
Segment breakdown not available.
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
