vs
Side-by-side financial comparison of Clearwater Paper Corp (CLW) 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 $360.3M, roughly 1.1× Clearwater Paper Corp). DIODES INC runs the higher net margin — 2.6% vs -3.6%, a 6.2% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs -4.7%). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs 2.3%).
Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.
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.
CLW vs DIOD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $391.6M |
| Net Profit | $-12.8M | $10.2M |
| Gross Margin | -0.2% | 31.1% |
| Operating Margin | — | 3.4% |
| Net Margin | -3.6% | 2.6% |
| Revenue YoY | -4.7% | 15.4% |
| Net Profit YoY | -103.2% | 23.8% |
| EPS (diluted) | — | $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 | $360.3M | — | ||
| Q4 25 | $386.4M | $391.6M | ||
| Q3 25 | $399.0M | $392.2M | ||
| Q2 25 | $391.8M | $366.2M | ||
| Q1 25 | $378.2M | $332.1M | ||
| Q4 24 | $387.1M | $339.3M | ||
| Q3 24 | $393.3M | $350.1M | ||
| Q2 24 | $344.4M | $319.8M |
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $10.2M | ||
| Q3 25 | $-53.3M | $14.3M | ||
| Q2 25 | $2.7M | $46.1M | ||
| Q1 25 | $-6.3M | $-4.4M | ||
| Q4 24 | $199.1M | $8.2M | ||
| Q3 24 | $5.8M | $13.7M | ||
| Q2 24 | $-25.8M | $8.0M |
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 31.1% | ||
| Q3 25 | 4.7% | 30.7% | ||
| Q2 25 | 11.0% | 31.5% | ||
| Q1 25 | 9.7% | 31.5% | ||
| Q4 24 | 3.8% | 32.7% | ||
| Q3 24 | 7.7% | 33.7% | ||
| Q2 24 | -0.6% | 33.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 3.4% | ||
| Q3 25 | -13.9% | 3.0% | ||
| Q2 25 | 2.5% | 2.6% | ||
| Q1 25 | -1.1% | 0.4% | ||
| Q4 24 | -4.0% | 3.5% | ||
| Q3 24 | -0.3% | 6.2% | ||
| Q2 24 | -13.6% | 1.2% |
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | 2.6% | ||
| Q3 25 | -13.4% | 3.6% | ||
| Q2 25 | 0.7% | 12.6% | ||
| Q1 25 | -1.7% | -1.3% | ||
| Q4 24 | 51.4% | 2.4% | ||
| Q3 24 | 1.5% | 3.9% | ||
| Q2 24 | -7.5% | 2.5% |
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $0.23 | ||
| Q3 25 | $-3.30 | $0.31 | ||
| Q2 25 | $0.17 | $0.99 | ||
| Q1 25 | $-0.38 | $-0.10 | ||
| Q4 24 | $11.87 | $0.18 | ||
| Q3 24 | $0.35 | $0.30 | ||
| Q2 24 | $-1.55 | $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 | $36.5M | $377.0M |
| Total DebtLower is stronger | $361.1M | $25.7M |
| Stockholders' EquityBook value | $813.8M | $1.9B |
| Total Assets | $1.6B | $2.4B |
| Debt / EquityLower = less leverage | 0.44× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $377.0M | ||
| Q3 25 | $34.4M | $386.4M | ||
| Q2 25 | $46.7M | $327.3M | ||
| Q1 25 | $44.0M | $343.9M | ||
| Q4 24 | $79.6M | $316.1M | ||
| Q3 24 | $35.5M | $319.3M | ||
| Q2 24 | $39.6M | $273.9M |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $25.7M | ||
| Q3 25 | $337.0M | $24.9M | ||
| Q2 25 | $330.1M | $26.4M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | $283.4M | $20.7M | ||
| Q3 24 | $1.2B | $22.2M | ||
| Q2 24 | $1.1B | $20.3M |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $1.9B | ||
| Q3 25 | $783.0M | $1.9B | ||
| Q2 25 | $836.8M | $1.9B | ||
| Q1 25 | $836.6M | $1.8B | ||
| Q4 24 | $854.6M | $1.8B | ||
| Q3 24 | $664.6M | $1.8B | ||
| Q2 24 | $658.6M | $1.8B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.4B | ||
| Q3 25 | $1.6B | $2.5B | ||
| Q2 25 | $1.6B | $2.5B | ||
| Q1 25 | $1.6B | $2.4B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $2.5B | $2.4B | ||
| Q2 24 | $2.5B | $2.4B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.01× | ||
| Q3 25 | 0.43× | 0.01× | ||
| Q2 25 | 0.39× | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 0.33× | 0.01× | ||
| Q3 24 | 1.73× | 0.01× | ||
| Q2 24 | 1.74× | 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 | — | $38.1M |
| Free Cash FlowOCF − Capex | — | $12.4M |
| FCF MarginFCF / Revenue | — | 3.2% |
| Capex IntensityCapex / Revenue | — | 6.6% |
| Cash ConversionOCF / Net Profit | — | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | — | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $38.1M | ||
| Q3 25 | $34.0M | $79.1M | ||
| Q2 25 | $-28.2M | $41.5M | ||
| Q1 25 | $1.5M | $56.7M | ||
| Q4 24 | $-35.1M | $81.8M | ||
| Q3 24 | $16.2M | $54.4M | ||
| Q2 24 | $21.1M | $14.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $12.4M | ||
| Q3 25 | $15.7M | $62.8M | ||
| Q2 25 | $-51.1M | $21.1M | ||
| Q1 25 | $-31.2M | $40.8M | ||
| Q4 24 | $-68.1M | $62.1M | ||
| Q3 24 | $-30.8M | $39.4M | ||
| Q2 24 | $3.0M | $-3.5M |
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | 3.2% | ||
| Q3 25 | 3.9% | 16.0% | ||
| Q2 25 | -13.0% | 5.8% | ||
| Q1 25 | -8.2% | 12.3% | ||
| Q4 24 | -17.6% | 18.3% | ||
| Q3 24 | -7.8% | 11.2% | ||
| Q2 24 | 0.9% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 6.6% | ||
| Q3 25 | 4.6% | 4.2% | ||
| Q2 25 | 5.8% | 5.6% | ||
| Q1 25 | 8.6% | 4.8% | ||
| Q4 24 | 8.5% | 5.8% | ||
| Q3 24 | 12.0% | 4.3% | ||
| Q2 24 | 5.3% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 3.74× | ||
| Q3 25 | — | 5.54× | ||
| Q2 25 | -10.44× | 0.90× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.18× | 9.93× | ||
| Q3 24 | 2.79× | 3.95× | ||
| Q2 24 | — | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLW
Segment breakdown not available.
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
