Diodes Incorporated (DIOD)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	428,198	429,790	467,658	559,502	658,182	751,902	813,844	824,994	827,237	811,732	775,145	728,421	670,360	602,366	532,225	473,915	431,121	417,786	428,742	449,238
Revenue (ttm)	US$ in thousands	1,311,120	1,294,521	1,349,089	1,496,470	1,661,739	1,835,252	1,951,878	1,985,698	2,000,580	1,984,539	1,934,688	1,874,164	1,805,162	1,675,361	1,513,398	1,361,619	1,229,215	1,180,002	1,194,217	1,227,554
Gross profit margin		32.66%	33.20%	34.66%	37.39%	39.61%	40.97%	41.70%	41.55%	41.35%	40.90%	40.07%	38.87%	37.14%	35.95%	35.17%	34.81%	35.07%	35.41%	35.90%	36.60%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $428,198K ÷ $1,311,120K
= 32.66%

Diodes Incorporated's gross profit margin has exhibited fluctuating trends over the reporting periods provided. From March 31, 2020, when the margin was at 36.60%, there was a slight decrease in the following quarters, reaching a low of 32.66% by December 31, 2024.

Notably, there was a period of consistent improvement in the gross profit margin from March 31, 2022, to June 30, 2023, where the margin increased steadily from 38.87% to 41.70%. This was followed by a decline in the subsequent quarters.

Overall, the gross profit margin trend for Diodes Incorporated appears to be somewhat volatile, experiencing both increases and decreases over the documented periods. It would be important to further investigate the factors influencing these fluctuations to assess the company's operational efficiency and pricing strategies.