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DSWL Financials DESWELL INDUSTRIES INC

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
-$8M $39M $86M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-12% 4% 20% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$3M $5M $13M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $18M $36M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$16M -$1M $14M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
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.

Price / sales (P/S)
0.0 0.0 0.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 4541.8 9083.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
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.