15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.7% per year over the past 5 years.
Operating margin has expanded, at 4.9% in the latest year.
Free cash flow has grown 0.9% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 28.6% of earnings and 24.1% of free cash flow.
The dividend has grown 6.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$68M
$11M
20.2%
4.9%
$13M
—
$28M
2024
$69M
$8M
20.0%
5.5%
$13M
—
$16M
2023
$77M
$2M
16.6%
3.7%
$12M
—
$22M
2022
$86M
$8M
16.2%
3.2%
-$2M
—
$13M
2021
$65M
$8M
20.3%
5.0%
$3M
—
$20M
2020
$65M
-$1M
18.1%
2.2%
$13M
—
$23M
2019
$67M
$4M
15.4%
0.8%
$1M
—
$14M
2018
$61M
$6M
16.0%
3.0%
$4M
—
$15M
2017
$45M
$1M
16.7%
-4.7%
-$3M
—
$8M
2016
$45M
-$5M
10.8%
-12.0%
-$28000
—
$12M
2015
—
-$3M
—
—
—
—
$14M
2014
—
-$7M
—
—
—
—
$23M
2013
—
-$2M
—
—
—
—
$32M
2012
—
-$1M
—
—
—
—
$33M
2011
—
-$8M
—
—
—
—
$36M
Valuation over time
How the market has priced DSWL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.0× (Mar '23) to 0.0× (Jun '26).
The dividend yield has fallen from 7536.3% (Mar '23) to 5408.3% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is DSWL growing its revenue and profit?
Over the past 5 years, DESWELL INDUSTRIES INC's revenue has grown 0.7% per year. These are computed facts, not advice.
How much debt does DSWL have?
As of FY2025, DESWELL INDUSTRIES INC reported — of total debt against $28M of cash.
What is DSWL's profit margin?
In FY2025, gross margin was 20.2%, operating margin 4.9%, and net margin 16.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.