NASDAQ · DSWL
Deswell Industries financials
$3.06−0.81%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Mar 31 | FY25 Mar 31 | FY24 Mar 31 | FY23 Mar 31 | FY22 Mar 31 | FY21 Mar 31 | FY20 Mar 31 | FY19 Mar 31 | FY18 Mar 31 | FY17 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.3M | $67.6M | $69.4M | $77.3M | $86.0M | $64.9M | $65.4M | $66.6M | $60.7M | $44.5M |
| Gross profit | $13.7M | $13.6M | $13.9M | $12.8M | $14.0M | $13.2M | $11.9M | $10.3M | $9.7M | $7.4M |
| Gross margin | 22.4% | 20.2% | 20.0% | 16.6% | 16.2% | 20.3% | 18.1% | 15.4% | 16.0% | 16.7% |
| Operating income | $2.0M | $3.3M | $3.8M | $1.9M | $2.8M | $3.3M | $1.4M | $533.0K | $1.8M | -$2.1M |
| Net income | $10.6M | $11.1M | $7.7M | $2.1M | $8.2M | $8.2M | -$1.3M | $4.3M | $6.2M | $1.4M |
| Net margin | 17.3% | 16.5% | 11.1% | 2.7% | 9.6% | 12.7% | −2.0% | 6.4% | 10.2% | 3.1% |
| Diluted EPS | $0.67 | $0.70 | $0.48 | $0.13 | $0.51 | $0.51 | $-0.08 | $0.27 | $0.39 | $0.09 |
| EBITDA | $3.5M | $4.8M | $5.3M | $3.6M | $4.5M | $5.0M | $3.4M | $2.6M | $3.9M | $32.0K |
| Operating cash flow | $5.2M | $13.5M | $13.2M | $13.0M | -$183.0K | $3.3M | $13.1M | $2.2M | $5.7M | -$1.1M |
| Free cash flow | $4.7M | $13.2M | $12.8M | $12.2M | -$1.7M | $2.7M | $12.6M | $1.3M | $4.0M | -$3.2M |
| Diluted shares | 15.9M | 16.0M | 16.0M | 16.1M | 16.1M | 16.0M | 15.9M | 16.1M | 15.9M | 16.0M |
Balance sheet
| Period end | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $23.1M | $28.1M | $15.8M | $22.2M | $13.5M | $20.2M |
| Short-term investments | $39.7M | $25.2M | $28.2M | $20.7M | $30.4M | $25.1M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $130.0M | $120.2M | $111.1M | $110.4M | $115.4M | $107.9M |
| Total liabilities | $20.6M | $18.1M | $16.9M | $20.7M | $24.6M | $22.2M |
| Shareholders' equity | $109.4M | $102.1M | $94.2M | $89.6M | $90.8M | $85.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology