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Side-by-side financial comparison of DIODES INC (DIOD) and TRIMAS CORP (TRS). Click either name above to swap in a different company.
DIODES INC is the larger business by last-quarter revenue ($391.6M vs $256.5M, roughly 1.5× TRIMAS CORP). TRIMAS CORP runs the higher net margin — 31.9% vs 2.6%, a 29.3% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs 3.8%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $12.4M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs 3.3%).
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.
Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.
DIOD vs TRS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $391.6M | $256.5M |
| Net Profit | $10.2M | $81.7M |
| Gross Margin | 31.1% | 12.8% |
| Operating Margin | 3.4% | 5.7% |
| Net Margin | 2.6% | 31.9% |
| Revenue YoY | 15.4% | 3.8% |
| Net Profit YoY | 23.8% | 236.9% |
| EPS (diluted) | $0.23 | $2.03 |
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 | — | $256.5M | ||
| Q4 25 | $391.6M | $-140.0M | ||
| Q3 25 | $392.2M | $269.3M | ||
| Q2 25 | $366.2M | $274.8M | ||
| Q1 25 | $332.1M | $241.7M | ||
| Q4 24 | $339.3M | $-66.2M | ||
| Q3 24 | $350.1M | $229.4M | ||
| Q2 24 | $319.8M | $240.5M |
| Q1 26 | — | $81.7M | ||
| Q4 25 | $10.2M | $81.7M | ||
| Q3 25 | $14.3M | $9.3M | ||
| Q2 25 | $46.1M | $16.7M | ||
| Q1 25 | $-4.4M | $12.4M | ||
| Q4 24 | $8.2M | $5.6M | ||
| Q3 24 | $13.7M | $2.5M | ||
| Q2 24 | $8.0M | $10.9M |
| Q1 26 | — | 12.8% | ||
| Q4 25 | 31.1% | — | ||
| Q3 25 | 30.7% | 12.8% | ||
| Q2 25 | 31.5% | 13.8% | ||
| Q1 25 | 31.5% | 13.6% | ||
| Q4 24 | 32.7% | — | ||
| Q3 24 | 33.7% | 15.4% | ||
| Q2 24 | 33.6% | 14.4% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 3.0% | 6.2% | ||
| Q2 25 | 2.6% | 9.9% | ||
| Q1 25 | 0.4% | 9.0% | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 6.2% | 3.6% | ||
| Q2 24 | 1.2% | 7.4% |
| Q1 26 | — | 31.9% | ||
| Q4 25 | 2.6% | -58.4% | ||
| Q3 25 | 3.6% | 3.5% | ||
| Q2 25 | 12.6% | 6.1% | ||
| Q1 25 | -1.3% | 5.1% | ||
| Q4 24 | 2.4% | -8.5% | ||
| Q3 24 | 3.9% | 1.1% | ||
| Q2 24 | 2.5% | 4.5% |
| Q1 26 | — | $2.03 | ||
| Q4 25 | $0.23 | $2.01 | ||
| Q3 25 | $0.31 | $0.23 | ||
| Q2 25 | $0.99 | $0.41 | ||
| Q1 25 | $-0.10 | $0.30 | ||
| Q4 24 | $0.18 | $0.14 | ||
| Q3 24 | $0.30 | $0.06 | ||
| Q2 24 | $0.17 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $377.0M | $30.0M |
| Total DebtLower is stronger | $25.7M | — |
| Stockholders' EquityBook value | $1.9B | $705.6M |
| Total Assets | $2.4B | $1.5B |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $30.0M | ||
| Q4 25 | $377.0M | $30.0M | ||
| Q3 25 | $386.4M | $33.6M | ||
| Q2 25 | $327.3M | $30.3M | ||
| Q1 25 | $343.9M | $32.7M | ||
| Q4 24 | $316.1M | $23.1M | ||
| Q3 24 | $319.3M | $26.9M | ||
| Q2 24 | $273.9M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | $25.7M | $469.2M | ||
| Q3 25 | $24.9M | $407.1M | ||
| Q2 25 | $26.4M | $424.5M | ||
| Q1 25 | $20.5M | $434.2M | ||
| Q4 24 | $20.7M | $398.1M | ||
| Q3 24 | $22.2M | $409.9M | ||
| Q2 24 | $20.3M | $427.4M |
| Q1 26 | — | $705.6M | ||
| Q4 25 | $1.9B | $705.6M | ||
| Q3 25 | $1.9B | $725.0M | ||
| Q2 25 | $1.9B | $715.3M | ||
| Q1 25 | $1.8B | $686.6M | ||
| Q4 24 | $1.8B | $667.3M | ||
| Q3 24 | $1.8B | $682.8M | ||
| Q2 24 | $1.8B | $675.9M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.01× | 0.66× | ||
| Q3 25 | 0.01× | 0.56× | ||
| Q2 25 | 0.01× | 0.59× | ||
| Q1 25 | 0.01× | 0.63× | ||
| Q4 24 | 0.01× | 0.60× | ||
| Q3 24 | 0.01× | 0.60× | ||
| Q2 24 | 0.01× | 0.63× |
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 | $117.5M |
| Free Cash FlowOCF − Capex | $12.4M | $36.8M |
| FCF MarginFCF / Revenue | 3.2% | 14.4% |
| Capex IntensityCapex / Revenue | 6.6% | 18.9% |
| Cash ConversionOCF / Net Profit | 3.74× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $137.2M | $109.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $117.5M | ||
| Q4 25 | $38.1M | $41.5M | ||
| Q3 25 | $79.1M | $36.5M | ||
| Q2 25 | $41.5M | $30.3M | ||
| Q1 25 | $56.7M | $9.2M | ||
| Q4 24 | $81.8M | $27.1M | ||
| Q3 24 | $54.4M | $22.0M | ||
| Q2 24 | $14.4M | $18.4M |
| Q1 26 | — | $36.8M | ||
| Q4 25 | $12.4M | $36.8M | ||
| Q3 25 | $62.8M | $22.8M | ||
| Q2 25 | $21.1M | $13.2M | ||
| Q1 25 | $40.8M | $-3.8M | ||
| Q4 24 | $62.1M | $12.1M | ||
| Q3 24 | $39.4M | $10.2M | ||
| Q2 24 | $-3.5M | $7.5M |
| Q1 26 | — | 14.4% | ||
| Q4 25 | 3.2% | -26.3% | ||
| Q3 25 | 16.0% | 8.5% | ||
| Q2 25 | 5.8% | 4.8% | ||
| Q1 25 | 12.3% | -1.6% | ||
| Q4 24 | 18.3% | -18.3% | ||
| Q3 24 | 11.2% | 4.4% | ||
| Q2 24 | -1.1% | 3.1% |
| Q1 26 | — | 18.9% | ||
| Q4 25 | 6.6% | -3.4% | ||
| Q3 25 | 4.2% | 5.1% | ||
| Q2 25 | 5.6% | 6.2% | ||
| Q1 25 | 4.8% | 5.4% | ||
| Q4 24 | 5.8% | -22.6% | ||
| Q3 24 | 4.3% | 5.2% | ||
| Q2 24 | 5.6% | 4.5% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 3.74× | 0.51× | ||
| Q3 25 | 5.54× | 3.92× | ||
| Q2 25 | 0.90× | 1.81× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | 9.93× | 4.80× | ||
| Q3 24 | 3.95× | 8.71× | ||
| Q2 24 | 1.80× | 1.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
TRS
Segment breakdown not available.
