What is Deswell Industries' operating income?

Deswell Industries' total operating income in 2025 was $3.31 million, based on the following breakdown: Total Gross Profit: $13.64 million Total Operating Expenses: $10.33 million

Deswell Industries (DSWL) Financials

$3.56 -0.02 (-0.53%)

Closing price 07/20/2026 03:57 PM Eastern

Extended Trading

$3.58 +0.02 (+0.67%)

As of 07/20/2026 07:34 PM Eastern

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Annual Income Statements for Deswell Industries

This table shows Deswell Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-2.78	-5.01	1.39	6.19	4.27	-1.32	8.23	8.23	2.06	7.71	11
Consolidated Net Income / (Loss)	-2.81	-4.93	1.38	6.19	4.27	-1.32	8.23	8.23	2.06	7.71	11
Net Income / (Loss) Continuing Operations	-2.46	-4.93	1.38	6.19	4.27	-1.32	8.23	8.23	2.06	7.71	11
Total Pre-Tax Income	-2.25	-4.78	1.59	6.20	4.42	-0.95	8.71	8.07	2.31	7.82	11
Total Operating Income	-4.81	-5.35	-2.10	1.80	0.53	1.41	3.26	2.76	2.89	3.79	3.31
Total Gross Profit	4.22	4.79	7.45	9.71	10	12	13	14	13	14	14
Total Revenue	38	45	45	61	67	65	65	86	77	69	68
Operating Revenue	38	45	45	61	67	65	65	86	77	69	68
Total Cost of Revenue	34	40	37	51	56	54	52	72	64	55	54
Operating Cost of Revenue	34	40	37	51	56	54	52	72	64	55	54
Total Operating Expenses	9.03	10	9.55	7.91	9.74	10	9.91	11	9.95	10	10
Selling, General & Admin Expense	9.12	9.12	8.86	8.81	9.46	10	10	11	11	11	11
Other Operating Expenses / (Income)	-0.09	1.02	0.70	-0.89	0.28	0.43	-0.41	-0.07	-1.01	-0.38	-0.95
Total Other Income / (Expense), net	2.55	0.57	3.69	4.40	3.88	-2.36	5.45	5.31	-0.57	4.03	7.99
Other Income / (Expense), net	2.55	0.57	3.69	4.40	3.88	-2.36	5.45	5.31	-0.57	4.03	7.99
Income Tax Expense	0.21	0.16	0.21	0.01	0.14	0.37	0.48	-0.17	0.26	0.11	0.16
Basic Earnings per Share	($0.34)	($0.31)	$0.09	$0.39	$0.27	($0.08)	$0.52	$0.52	$0.13	$0.48	$0.70
Weighted Average Basic Shares Outstanding	16.06K	16.06M	16.04M	15.89M	15.89M	15.91M	15.92M	15.93M	15.94M	15.94M	15.94M
Diluted Earnings per Share	($0.34)	($0.31)	$0.09	$0.39	$0.27	($0.08)	$0.51	$0.51	$0.13	$0.48	$0.70
Weighted Average Diluted Shares Outstanding	16.06K	16.06M	16.04M	15.99M	16.06M	15.91M	16.05M	16.14M	16.07M	16.00M	15.95M
Weighted Average Basic & Diluted Shares Outstanding	16.06K	16.06M	16.04M	15.89M	15.89M	15.91M	15.92M	15.94M	15.94M	15.94M	15.94M
Cash Dividends to Common per Share	$0.00	$0.00	$14,000.00	$0.07	$0.10	$0.15	$0.18	$0.20	$0.20	$0.20	$0.20

No quarterly income statements for Deswell Industries are available.

This table details how cash moves in and out of Deswell Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Change in Cash & Equivalents	-8.95	-2.33	-3.92	7.11	-0.82	8.14	-2.29	-6.76	8.70	-6.41	12
Net Cash From Operating Activities	-2.37	0.56	-1.08	5.70	2.17	13	3.30	-0.18	13	13	14
Net Cash From Continuing Operating Activities	-2.37	0.56	-1.08	5.70	2.17	13	3.30	-0.18	13	13	14
Net Income / (Loss) Continuing Operations	-2.81	-4.93	1.38	6.19	4.27	-1.32	8.23	8.23	2.06	7.71	11
Consolidated Net Income / (Loss)	-2.81	-4.93	1.38	6.19	4.27	-1.32	8.23	8.23	2.06	7.71	11
Depreciation Expense	2.82	2.37	2.14	2.14	2.11	1.97	1.76	1.74	1.71	1.52	1.52
Non-Cash Adjustments To Reconcile Net Income	-1.21	1.78	-1.59	-2.50	-0.99	6.20	-2.65	-1.98	3.26	-0.83	-4.87
Changes in Operating Assets and Liabilities, net	-1.18	1.35	-3.01	-0.13	-3.23	6.27	-4.04	-8.17	6.10	4.80	5.74
Net Cash From Investing Activities	-3.61	-1.21	-0.28	2.53	-1.40	-2.66	-2.72	-3.43	-1.12	-16	2.04
Net Cash From Continuing Investing Activities	-3.61	-1.21	-0.28	2.53	-1.40	-2.66	-2.72	-3.43	-1.12	-16	2.04
Purchase of Property, Plant & Equipment	-0.89	-0.59	-2.15	-1.71	-0.88	-0.51	-0.55	-1.50	-0.79	-0.38	-0.33
Purchase of Investments	-4.46	-10	-3.16	-5.36	-13	-2.12	-6.06	-12	-3.47	-1.35	-3.09
Sale of Property, Plant & Equipment	0.98	1.27	0.99	0.01	0.03	0.19	0.08	0.05	0.07	0.23	0.07
Sale and/or Maturity of Investments	1.01	6.80	2.37	6.58	7.21	1.62	4.23	9.59	5.16	-16	5.35
Other Investing Activities, net	-0.25	1.67	1.66	3.01	4.95	-1.84	-0.43	-0.03	-2.08	1.15	0.04
Net Cash From Financing Activities	-2.97	-1.69	-2.56	-1.11	-1.59	-2.32	-2.86	-3.14	-3.19	-3.19	-3.19
Net Cash From Continuing Financing Activities	-2.97	-1.69	-2.56	-1.11	-1.59	-2.32	-2.86	-3.14	-3.19	-3.19	-3.19
Payment of Dividends	-2.97	-1.69	-2.25	-1.11	-1.59	-2.39	-2.86	-3.19	-3.19	-3.19	-3.19
Cash Interest Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Income Taxes Paid	0.01	0.03	0.02	0.09	0.15	0.16	0.24	0.07	0.42	0.23	0.16

No quarterly cash flow statements for Deswell Industries are available.

This table presents Deswell Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Total Assets	96	88	91	100	100	95	108	115	110	111	120
Total Current Assets	58	51	56	69	70	65	79	88	81	83	96
Cash & Equivalents	14	12	8.08	15	14	23	20	13	22	16	28
Short-Term Investments	11	14	16	17	24	19	22	26	22	28	28
Accounts Receivable	9.58	9.21	13	16	16	12	15	18	16	12	9.91
Inventories, net	11	8.11	11	13	13	8.58	16	24	17	12	9.46
Prepaid Expenses	2.12	1.66	2.42	2.27	2.01	1.75	2.49	1.93	1.15	1.23	1.61
Other Current Assets	9.91	5.28	5.42	5.32	0.37	0.78	2.70	4.35	3.05	-	19
Plant, Property, & Equipment, net	37	32	32	31	30	29	27	27	26	25	23
Total Noncurrent Assets	1.60	4.57	2.90	0.00	0.00	1.42	1.85	0.57	3.17	17	0.34
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	0.00	0.26	0.26	0.42	0.34
Other Noncurrent Operating Assets	-	-	-	-	0.00	1.42	1.85	0.31	2.91	17	0.00
Total Liabilities & Shareholders' Equity	96	88	91	100	100	95	108	115	110	111	120
Total Liabilities	12	11	15	19	16	15	22	25	21	17	18
Total Current Liabilities	12	9.94	14	18	16	14	21	24	20	16	18
Accounts Payable	3.35	2.23	5.15	8.60	6.25	4.60	9.52	9.84	6.95	5.21	5.74
Accrued Expenses	1.20	1.29	1.47	1.87	1.66	1.72	2.02	2.95	1.99	1.24	1.01
Customer Deposits	2.45	1.42	2.15	1.71	1.30	1.17	1.68	2.34	2.22	1.71	2.06
Current Deferred & Payable Income Tax Liabilities	0.35	0.40	0.48	0.60	1.32	0.74	0.89	1.23	1.15	1.11	1.13
Current Employee Benefit Liabilities	4.23	4.04	4.64	5.57	5.68	6.08	7.11	7.61	7.94	7.16	7.78
Total Noncurrent Liabilities	0.80	0.83	0.89	0.78	0.00	0.75	0.96	0.66	0.48	0.48	0.37
Noncurrent Deferred & Payable Income Tax Liabilities	0.80	0.83	0.89	0.78	-	0.75	0.96	0.66	0.48	0.48	0.37
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	84	77	76	81	84	80	86	91	90	94	102
Total Preferred & Common Equity	84	77	76	81	84	80	86	91	90	94	102
Total Common Equity	84	77	76	81	84	80	86	91	90	94	102
Common Stock	61	61	61	61	61	61	61	61	61	61	61
Retained Earnings	20	13	13	18	20	17	22	27	26	31	38
Treasury Stock	-2.51	-2.51	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82
Accumulated Other Comprehensive Income / (Loss)	5.38	5.31	5.32	5.32	5.32	5.32	5.32	5.32	5.32	5.32	5.32

No quarterly balance sheets for Deswell Industries are available.

This table displays calculated financial ratios and metrics derived from Deswell Industries' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	3/31/2020	3/31/2021	3/31/2022	3/31/2023	3/31/2024	3/31/2025
DEI Shares Outstanding	16,056,239.00	16,056,239.00	15,885,239.00	15,885,239.00	15,885,239.00	15,915,239.00	15,915,239.00	15,935,239.00	15,935,239.00	15,935,239.00	15,935,239.00
DEI Adjusted Shares Outstanding	16,056,239.00	16,056,239.00	15,885,239.00	15,885,239.00	15,885,239.00	15,915,239.00	15,915,239.00	15,935,239.00	15,935,239.00	15,935,239.00	15,935,239.00
DEI Earnings Per Adjusted Shares Outstanding	-0.17	-0.31	0.09	0.39	0.27	-0.08	0.52	0.52	0.13	0.48	0.70
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.98%	17.05%	-0.10%	36.26%	9.75%	-1.82%	-0.74%	32.51%	-10.05%	-10.30%	-2.53%
EBITDA Growth	120.15%	-520.84%	254.81%	124.06%	-21.64%	-84.29%	919.59%	-6.29%	-58.96%	132.21%	37.22%
EBIT Growth	65.10%	-111.98%	133.19%	290.98%	-28.72%	-121.44%	1,019.32%	-7.34%	-71.32%	237.90%	44.52%
NOPAT Growth	29.68%	-11.26%	51.22%	198.59%	-71.35%	91.83%	211.71%	-8.68%	-8.76%	45.27%	-12.47%
Net Income Growth	62.51%	-75.71%	127.89%	349.85%	-30.97%	-130.89%	723.56%	0.01%	-74.99%	274.41%	44.48%
EPS Growth	63.04%	8.82%	129.03%	333.33%	-30.77%	-129.63%	737.50%	0.00%	-74.51%	269.23%	45.83%
Operating Cash Flow Growth	-26.20%	123.76%	-292.18%	626.71%	-61.99%	505.77%	-74.88%	-105.55%	7,202.73%	1.62%	2.47%
Free Cash Flow Firm Growth	73.24%	1,122.96%	-166.27%	143.80%	120.95%	86.15%	-121.15%	-225.13%	251.62%	-109.70%	1,049.06%
Invested Capital Growth	-4.59%	-18.09%	5.36%	-0.18%	-7.50%	-15.02%	12.32%	18.93%	-10.79%	9.88%	-8.33%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.09%	10.75%	16.73%	16.01%	15.42%	18.15%	20.29%	16.23%	16.60%	20.04%	20.18%
EBITDA Margin	1.50%	-5.39%	8.36%	13.74%	9.81%	1.57%	16.12%	11.40%	5.20%	13.47%	18.96%
Operating Margin	-12.62%	-12.00%	-4.72%	2.97%	0.80%	2.16%	5.03%	3.21%	3.73%	5.46%	4.90%
EBIT Margin	-5.92%	-10.72%	3.56%	10.21%	6.63%	-1.45%	13.42%	9.38%	2.99%	11.27%	16.71%
Profit (Net Income) Margin	-7.37%	-11.07%	3.09%	10.20%	6.42%	-2.02%	12.69%	9.57%	2.66%	11.11%	16.47%
Tax Burden Percent	124.63%	103.31%	86.81%	99.89%	96.74%	139.39%	94.54%	102.05%	88.98%	98.59%	98.57%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	13.19%	0.11%	3.26%	0.00%	5.46%	-2.05%	11.02%	1.41%	1.43%
Return on Invested Capital (ROIC)	-5.80%	-7.26%	-3.83%	3.68%	1.10%	2.37%	7.57%	5.97%	5.30%	7.78%	6.78%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.73%	-3.14%	-14.93%	-11.00%	-9.44%	8.09%	-4.61%	-7.22%	6.52%	-1.28%	-8.96%
Return on Net Nonoperating Assets (RNNOA)	2.56%	1.13%	5.63%	4.18%	4.07%	-3.98%	2.35%	3.36%	-3.02%	0.61%	4.56%
Return on Equity (ROE)	-3.23%	-6.13%	1.80%	7.86%	5.17%	-1.61%	9.92%	9.33%	2.28%	8.39%	11.35%
Cash Return on Invested Capital (CROIC)	-1.10%	12.63%	-9.05%	3.87%	8.88%	18.61%	-4.03%	-11.32%	16.70%	-1.64%	15.48%
Operating Return on Assets (OROA)	-2.29%	-5.19%	1.78%	6.48%	4.40%	-0.97%	8.57%	7.23%	2.05%	7.06%	9.77%
Return on Assets (ROA)	-2.85%	-5.36%	1.54%	6.47%	4.26%	-1.35%	8.10%	7.37%	1.82%	6.96%	9.63%
Return on Common Equity (ROCE)	-3.23%	-6.13%	1.80%	7.86%	5.17%	-1.61%	9.92%	9.33%	2.28%	8.39%	11.35%
Return on Equity Simple (ROE_SIMPLE)	-3.34%	-6.42%	1.81%	7.62%	5.09%	-1.64%	9.61%	9.07%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.36	-3.74	-1.83	1.80	0.52	0.99	3.08	2.82	2.57	3.73	3.27
NOPAT Margin	-8.84%	-8.40%	-4.10%	2.97%	0.77%	1.51%	4.75%	3.27%	3.32%	5.38%	4.83%
Net Nonoperating Expense Percent (NNEP)	1.93%	-4.12%	11.10%	14.69%	10.54%	-5.72%	12.18%	13.19%	-1.22%	9.05%	15.74%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	2.87%	3.96%	3.20%
Cost of Revenue to Revenue	88.91%	89.25%	83.27%	83.99%	84.58%	81.85%	79.71%	83.77%	83.40%	79.96%	79.82%
SG&A Expenses to Revenue	23.96%	20.46%	19.89%	14.52%	14.21%	15.34%	15.89%	13.10%	14.18%	15.14%	16.68%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.72%	22.75%	21.45%	13.04%	14.62%	15.99%	15.27%	13.02%	12.87%	14.59%	15.28%
Earnings before Interest and Taxes (EBIT)	-2.25	-4.78	1.59	6.20	4.42	-0.95	8.71	8.07	2.31	7.82	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.57	-2.40	3.72	8.34	6.53	1.03	10	9.80	4.02	9.34	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.21	0.23	0.29	0.44	0.42	0.34	0.55	0.54	0.39	0.34	0.00
Price to Tangible Book Value (P/TBV)	0.21	0.23	0.29	0.44	0.42	0.34	0.55	0.54	0.39	0.34	0.00
Price to Revenue (P/Rev)	0.47	0.40	0.49	0.59	0.53	0.42	0.72	0.57	0.45	0.46	0.00
Price to Earnings (P/E)	0.00	0.00	15.70	5.75	8.25	0.00	5.71	5.94	17.02	4.13	0.00
Dividend Yield	21.31%	12.59%	10.32%	7.80%	4.51%	8.63%	6.09%	6.51%	9.10%	10.02%	8.79%
Earnings Yield	0.00%	0.00%	6.37%	17.38%	12.12%	0.00%	17.50%	16.84%	5.88%	24.24%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.06	0.00	0.00	0.10	0.18	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.05	0.00	0.00	0.07	0.11	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.38	0.00	0.00	0.42	0.95	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.51	0.00	0.00	0.51	1.16	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	1.75	0.00	0.00	1.44	3.32	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.55	0.00	0.00	1.34	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	1.66	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.33	-0.36	-0.38	-0.38	-0.43	-0.49	-0.51	-0.47	-0.46	-0.48	-0.51
Leverage Ratio	1.13	1.14	1.17	1.22	1.21	1.19	1.22	1.27	1.25	1.20	1.18
Compound Leverage Factor	1.13	1.14	1.17	1.22	1.21	1.19	1.22	1.27	1.25	1.20	1.18
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.05	2.09	2.18	2.78	3.04	2.64	3.07	3.16	2.78	3.09	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.03	5.10	4.04	3.76	4.32	4.57	3.71	3.66	4.01	5.07	5.45
Quick Ratio	3.06	3.50	2.70	2.64	3.37	3.79	2.70	2.41	2.95	3.40	3.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-0.64	6.51	-4.31	1.89	4.17	7.77	-1.64	-5.34	8.10	-0.79	7.45
Operating Cash Flow to CapEx	0.00%	0.00%	-93.36%	335.04%	253.93%	4,113.17%	701.28%	-12.59%	1,792.83%	8,864.43%	5,146.01%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.48	0.50	0.63	0.66	0.67	0.64	0.77	0.69	0.63	0.58
Accounts Receivable Turnover	4.35	4.75	3.98	4.17	4.21	4.66	4.80	5.23	4.56	5.01	6.17
Inventory Turnover	3.10	4.20	3.94	4.31	4.34	4.95	4.18	3.60	3.14	3.77	5.00
Fixed Asset Turnover	1.01	1.29	1.38	1.91	2.16	2.22	2.32	3.16	2.91	2.74	2.82
Accounts Payable Turnover	11.26	14.27	10.05	7.41	7.58	9.86	7.32	7.44	7.68	9.12	9.86
Days Sales Outstanding (DSO)	83.89	76.92	91.68	87.45	86.74	78.27	75.97	69.84	79.99	72.85	59.11
Days Inventory Outstanding (DIO)	117.74	86.91	92.56	84.60	84.14	73.70	87.41	101.38	116.42	96.91	73.01
Days Payable Outstanding (DPO)	32.42	25.58	36.33	49.24	48.12	37.03	49.85	49.05	47.50	40.01	37.03
Cash Conversion Cycle (CCC)	169.22	138.25	147.91	122.81	122.76	114.94	113.53	122.17	148.91	129.76	95.10
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	57	46	49	49	45	38	43	51	46	50	46
Invested Capital Turnover	0.66	0.86	0.93	1.24	1.42	1.57	1.59	1.82	1.60	1.45	1.40
Increase / (Decrease) in Invested Capital	-2.73	-10	2.49	-0.09	-3.66	-6.78	4.73	8.16	-5.53	4.52	-4.19
Enterprise Value (EV)	-9.70	-12	-5.53	3.14	-3.57	-14	4.43	9.35	-8.89	-12	0.00
Market Capitalization	18	18	22	36	35	28	47	49	35	32	0.00
Book Value per Share	$5.24	$4.78	$4.75	$5.12	$5.29	$5.06	$5.38	$5.70	$5.63	$5.91	$6.41
Tangible Book Value per Share	$5.24	$4.78	$4.75	$5.12	$5.29	$5.06	$5.38	$5.70	$5.63	$5.91	$6.41
Total Capital	84	77	76	81	84	80	86	91	90	94	102
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-27	-30	-27	-32	-39	-42	-43	-40	-44	-44	-56
Capital Expenditures (CapEx)	-0.09	-0.68	1.16	1.70	0.85	0.32	0.47	1.45	0.73	0.15	0.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	21	15	18	18	15	9.11	15	24	17	23	23
Debt-free Net Working Capital (DFNWC)	47	41	42	51	54	51	57	64	61	67	79
Net Working Capital (NWC)	47	41	42	51	54	51	57	64	61	67	79
Net Nonoperating Expense (NNE)	-0.56	1.19	-3.20	-4.39	-3.76	2.31	-5.15	-5.42	0.51	-3.98	-7.87
Net Nonoperating Obligations (NNO)	-27	-30	-27	-32	-39	-42	-43	-40	-44	-44	-56
Total Depreciation and Amortization (D&A)	2.82	2.37	2.14	2.14	2.11	1.97	1.76	1.74	1.71	1.52	1.52
Debt-free, Cash-free Net Working Capital to Revenue	54.80%	33.87%	39.96%	29.81%	22.43%	13.93%	22.93%	28.29%	21.96%	33.00%	33.58%
Debt-free Net Working Capital to Revenue	122.57%	91.35%	94.78%	83.34%	80.73%	78.12%	88.57%	74.26%	78.76%	96.33%	116.51%
Net Working Capital to Revenue	122.57%	91.35%	94.78%	83.34%	80.73%	78.12%	88.57%	74.26%	78.76%	96.33%	116.51%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.34)	($0.62)	$0.18	$0.39	$0.27	($0.08)	$0.52	$0.52	$0.13	$0.48	$0.70
Adjusted Weighted Average Basic Shares Outstanding	16.06M	16.06M	15.89M	15.89M	15.89M	15.92M	15.92M	15.93M	15.94M	15.94M	15.94M
Adjusted Diluted Earnings per Share	($0.34)	($0.62)	$0.18	$0.39	$0.27	($0.08)	$0.51	$0.51	$0.13	$0.48	$0.70
Adjusted Weighted Average Diluted Shares Outstanding	16.06M	16.06M	15.89M	15.99M	16.06M	15.91M	16.05M	16.14M	16.07M	16.00M	15.95M
Adjusted Basic & Diluted Earnings per Share	($0.34)	($0.62)	$0.18	$0.39	$0.27	($0.08)	$0.52	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.06M	16.06M	16.04K	15.89M	15.89M	15.91M	15.92M	15.94M	15.94M	15.94M	15.94M
Normalized Net Operating Profit after Tax (NOPAT)	-3.36	-3.74	-1.83	1.80	0.52	0.99	3.08	1.93	2.57	3.73	3.27
Normalized NOPAT Margin	-8.84%	-8.40%	-4.10%	2.97%	0.77%	1.51%	4.75%	2.25%	3.32%	5.38%	4.83%
Pre Tax Income Margin	-5.92%	-10.72%	3.56%	10.21%	6.63%	-1.45%	13.42%	9.38%	2.99%	11.27%	16.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-105.80%	-34.17%	163.37%	17.96%	37.16%	-180.76%	34.80%	38.70%	154.83%	41.35%	28.62%
Augmented Payout Ratio	-105.80%	-34.17%	185.76%	17.96%	37.16%	-180.76%	34.80%	38.70%	154.83%	41.35%	28.62%

No quarterly metrics and ratios for Deswell Industries are available.

Financials Breakdown Chart

Deswell Industries Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Deswell Industries' fiscal year ends in March. Their fiscal year 2025 ended on March 31, 2025.

Deswell Industries' net income appears to be on an upward trend, with a most recent value of $11.14 million in 2025, falling from -$2.81 million in 2015. The previous period was $7.71 million in 2024. Check out Deswell Industries' forecast to explore projected trends and price targets.

Deswell Industries' total operating income in 2025 was $3.31 million, based on the following breakdown:

Total Gross Profit: $13.64 million
Total Operating Expenses: $10.33 million

Over the last 10 years, Deswell Industries' total revenue changed from $38.08 million in 2015 to $67.61 million in 2025, a change of 77.6%.

Deswell Industries' total liabilities were at $18.09 million at the end of 2025, a 7.0% increase from 2024, and a 46.2% increase since 2015.

In the past 10 years, Deswell Industries' cash and equivalents has ranged from $8.08 million in 2017 to $28.13 million in 2025, and is currently $28.13 million as of their latest financial filing in 2025.

Over the last 10 years, Deswell Industries' book value per share changed from 5.24 in 2015 to 6.41 in 2025, a change of 22.4%.

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Financial statements for NASDAQ:DSWL last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Deswell Industries (DSWL) Financials

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Deswell Industries Financials - Frequently Asked Questions

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Deswell Industries (DSWL) Financials

Annual Income Statements for Deswell Industries

Quarterly Income Statements for Deswell Industries

Annual Cash Flow Statements for Deswell Industries

Quarterly Cash Flow Statements for Deswell Industries

Annual Balance Sheets for Deswell Industries

Quarterly Balance Sheets for Deswell Industries

Annual Metrics And Ratios for Deswell Industries

Quarterly Metrics And Ratios for Deswell Industries

Financials Breakdown Chart

Deswell Industries Financials - Frequently Asked Questions

When does Deswell Industries' financial year end?

How has Deswell Industries' net income changed over the last 10 years?

What is Deswell Industries' operating income?

How has Deswell Industries' revenue changed over the last 10 years?

How much debt does Deswell Industries have?

How much cash does Deswell Industries have?

How has Deswell Industries' book value per share changed over the last 10 years?

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