DESWELL INDUSTRIES, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.3M | $67.6M | $69.4M | $77.3M | $86.0M | $64.9M | $65.4M | $66.6M |
| Cost of Revenue | $47.6M | $54.0M | $55.5M | $64.5M | $72.0M | $51.7M | $53.5M | $56.3M |
| Gross Profit | $13.7M | $13.6M | $13.9M | $12.8M | $14.0M | $13.2M | $11.9M | $10.3M |
| Gross Margin | 22.4% | 20.2% | 20.0% | 16.6% | 16.2% | 20.3% | 18.1% | 15.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.6M | $11.3M | $10.5M | $11.0M | $11.3M | $10.3M | $10.0M | $9.5M |
| Operating Income | $2.0M | $3.3M | $3.8M | $2.9M | $2.8M | $3.3M | $1.4M | $533.0K |
| Operating Margin | 3.2% | 4.9% | 5.5% | 3.7% | 3.2% | 5.0% | 2.2% | 0.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $10.3M | $11.3M | $7.8M | $2.3M | $8.1M | $8.7M | $-947.0K | $4.4M |
| Income Tax Expense | $-363.0K | $162.0K | $110.0K | $255.0K | $-165.0K | $475.0K | $373.0K | $144.0K |
| Net Income | $10.6M | $11.1M | $7.7M | $2.1M | $8.2M | $8.2M | $-1.3M | $4.3M |
| Net Margin | 17.3% | 16.5% | 11.1% | 2.7% | 9.6% | 12.7% | -2.0% | 6.4% |
| EPS (Basic) | $0.67 | $0.70 | $0.48 | $0.13 | $0.52 | $0.52 | $0.00 | $0.00 |
| EPS (Diluted) | $0.67 | $0.70 | $0.48 | $0.13 | $0.51 | $0.51 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 15.9K | 15.9K | 15.9K | 15.9M | 15.9M | 15.9M | 16.0M | 16.0M |
| Shares Outstanding (Diluted) | 15.9K | 16.0K | 16.0K | 16.1M | 16.1M | 16.0M | 16.0M | 16.2M |
| Dividends Per Share | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.18 | $0.00 | $0.00 |