DSWL
Deswell Industries Inc
NASDAQ: DSWL · TECHNOLOGY · ELECTRONIC COMPONENTS
$3.41
+0.59% today
Updated 2026-04-30
Market cap
$53.06M
P/E ratio
4.27
P/S ratio
0.81x
EPS (TTM)
$0.78
Dividend yield
6.01%
52W range
$2 – $4
Volume
0.0M
Deswell Industries Inc (DSWL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.28M | $136.78M | $115.28M | $131.74M | $81.61M | $84.02M | $64.78M | $54.07M | $40.93M | $38.08M | $44.57M | $44.52M | $60.67M | $66.58M | $65.37M | $64.89M | $85.49M | $77.54M | $69.37M | $67.61M |
| Revenue growth (YoY) | — | +18.7% | -15.7% | +14.3% | -38.0% | +3.0% | -22.9% | -16.5% | -24.3% | -7.0% | +17.0% | -0.1% | +36.3% | +9.7% | -1.8% | -0.7% | +31.8% | -9.3% | -10.5% | -2.5% |
| Cost of revenue | $89.85M | $105.51M | $89.85M | $111.57M | $68.96M | $74.47M | $55.32M | $47.26M | $37.79M | $34.64M | $39.77M | $37.07M | $50.95M | $56.31M | $53.50M | $51.72M | $71.54M | $64.70M | $55.47M | $53.97M |
| Gross profit | $25.43M | $31.27M | $25.43M | $20.17M | $12.66M | $9.55M | $9.46M | $6.81M | $3.14M | $3.44M | $4.79M | $7.45M | $9.71M | $10.27M | $11.86M | $13.17M | $13.95M | $12.84M | $13.90M | $13.64M |
| Gross margin | 22.1% | 22.9% | 22.1% | 15.3% | 15.5% | 11.4% | 14.6% | 12.6% | 7.7% | 9.0% | 10.8% | 16.7% | 16.0% | 15.4% | 18.1% | 20.3% | 16.3% | 16.6% | 20.0% | 20.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $15.05M | $18.96M | $15.05M | $19.29M | $15.51M | $13.94M | $12.27M | $10.80M | $10.33M | $9.12M | $9.12M | $8.86M | $8.81M | $9.46M | $10.03M | $10.31M | $11.14M | $10.97M | $10.50M | $11.28M |
| Operating income | $10.37M | $13.69M | $9.55M | $745000.00 | $-2.45M | $-8.83M | $-2.17M | $-3.72M | $-7.25M | $-5.15M | $-5.35M | $-2.10M | $1.80M | $-1.63M | $1.41M | $3.26M | $2.76M | $2.89M | $3.79M | $3.31M |
| Operating margin | 9.0% | 10.0% | 8.3% | 0.6% | -3.0% | -10.5% | -3.3% | -6.9% | -17.7% | -13.5% | -12.0% | -4.7% | 3.0% | -2.5% | 2.2% | 5.0% | 3.2% | 3.7% | 5.5% | 4.9% |
| EBITDA | $16.05M | $17.04M | $14.85M | $8.18M | $-480000.00 | $-1.53M | $3.94M | $1.03M | $-3.25M | $-2.06M | $-2.40M | $555000.00 | $4.06M | $2.75M | $3.51M | $10.46M | $9.80M | $4.83M | $9.34M | $3.95M |
| EBITDA margin | 13.9% | 12.5% | 12.9% | 6.2% | -0.6% | -1.8% | 6.1% | 1.9% | -7.9% | -5.4% | -5.4% | 1.2% | 6.7% | 4.1% | 5.4% | 16.1% | 11.5% | 6.2% | 13.5% | 5.8% |
| EBIT | $10.75M | $11.77M | $9.55M | $736000.00 | $-7.49M | $-7.73M | $-1.10M | $-3.19M | $-6.87M | $-4.89M | $-4.78M | $-1.58M | $1.92M | $637000.00 | $1.54M | $8.71M | $8.07M | $3.13M | $7.82M | $2.43M |
| Interest expense | $6000.00 | $12000.00 | $6000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.39M | $6.05M | $2.36M | $5.45M | $5.31M | $573000.00 | — | — |
| Income tax | $-27000.00 | $1.24M | $-27000.00 | $-282000.00 | $690000.00 | $382000.00 | $482000.00 | $328000.00 | $624000.00 | $208000.00 | $158000.00 | $209000.00 | $7000.00 | $144000.00 | $373000.00 | $475000.00 | $-165000.00 | $255000.00 | $110000.00 | $162000.00 |
| Effective tax rate | -0.3% | 9.2% | -0.3% | -30.9% | 31.5% | -4.9% | -49.2% | -19.7% | -9.1% | -8.0% | -3.3% | 13.2% | 0.1% | 3.3% | -39.4% | 5.5% | -2.0% | 11.0% | 1.4% | 1.4% |
| Net income | $8.78M | $12.17M | $8.78M | $1.20M | $1.50M | $-8.11M | $-1.46M | $-1.99M | $-7.49M | $-2.81M | $-4.93M | $1.38M | $6.19M | $4.27M | $-1.32M | $8.23M | $8.23M | $2.06M | $7.71M | $11.14M |
| Net income growth (YoY) | — | +38.6% | -27.8% | -86.4% | +25.4% | -641.3% | +82.0% | -36.3% | -276.2% | +62.5% | -75.7% | +127.9% | +349.9% | -31.0% | -130.9% | +723.6% | +0.0% | -75.0% | +274.4% | +44.5% |
| Profit margin | 7.6% | 8.9% | 7.6% | 0.9% | 1.8% | -9.7% | -2.3% | -3.7% | -18.3% | -7.4% | -11.1% | 3.1% | 10.2% | 6.4% | -2.0% | 12.7% | 9.6% | 2.7% | 11.1% | 16.5% |