Deswell Industries, Inc. (DSWL) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	128.9M	61.3M	67.6M	69.4M	77.5M
Cost of Revenue	101.6M	47.6M	54.0M	55.5M	64.7M
Gross Profit	27.4M	13.7M	13.6M	13.9M	12.8M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	22.8M	11.6M	11.3M	10.5M	11.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(951.0K)	—	(67.0K)	(383.0K)	(1.0M)
Total Operating Expenses	21.9M	11.6M	11.2M	10.1M	10.0M
Cost and Expenses	123.5M	59.2M	65.2M	65.6M	74.7M
Operating Income (EBIT)	5.5M	2.2M	2.4M	3.8M	2.9M
Non-Operating
Interest Income	1.1M	—	1.1M	669.0K	282.0K
Interest Expense	—	—	—	—	—
Net Interest Income	1.1M	—	1.1M	669.0K	282.0K
Other Non-Op Income/Expense	16.1M	8.1M	8.9M	4.0M	(573.0K)
Non-Operating Income (excl Interest)	(4.4M)	—	—	(87.0K)	(238.0K)
EBT (Pre-Tax Income)	21.6M	10.3M	11.3M	7.8M	2.3M
Income Tax Expense	(201.0K)	(363.0K)	162.0K	110.0K	255.0K
Bottom Line
Net Income	21.8M	10.6M	11.1M	7.7M	2.1M
Earnings from Cont. Ops	21.8M	10.6M	11.1M	7.7M	2.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	21.8M	10.6M	11.1M	7.7M	2.1M
Per Share
Basic EPS	$1.36	$0.67	$0.70	$0.48	$0.13
Diluted EPS	$1.36	$0.67	$0.70	$0.48	$0.13
Revenue Per Share	$8.11	$3.85	$4.24	$4.35	$4.87
Shares
Basic Shares Outstanding	15.9M	15.9M	15.9M	15.9M	15.9M
Diluted Shares Outstanding	15.9M	15.9M	16.0M	16.0M	16.1M
Profitability Metrics
EBITDA	12.2M	3.6M	3.9M	9.3M	4.8M
D&A	2.3M	1.5M	1.5M	1.5M	1.7M
EBIT	9.9M	2.2M	2.4M	7.8M	3.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026