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Stocks Industrials DSWL

NASDAQ · Industrials

Deswell Industries Inc (DSWL)

Deswell Industries Inc reported revenue of $61.3M in fiscal 2026, down 9.3% from a year earlier. Net income was $10.6M, a net margin of 17.3%. Operating cash flow minus capital spending left $4.7M of free cash flow in fiscal 2026. At March 31, 2026 it held $23.1M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on July 30, 2026.

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Price
$3.15
+2.16% on the day · November 10, 2026
52-week range $2.80 to $4.06
Market cap
$50M
Revenue (FY2026)
$61.3M
-9.3% year on year
Net margin
17.3%

Key facts about Deswell Industries Inc

Net worth
Deswell Industries Inc has a market value (market cap) of $50M at the latest share price, and shareholders' equity of $109.4M on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2026 revenue was $61.3M (-9.3% year on year), with net income of $10.6M.
Cash flow
In fiscal 2026 operations brought in $5.2M of cash; after $481K of capital spending, free cash flow was $4.7M.
Latest report
The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on July 30, 2026 and covers the period to March 31, 2026. Open on SEC EDGAR
Dividend
Deswell Industries Inc declared dividends of $0.20 per share in fiscal 2026.

What Deswell Industries Inc does

Deswell Industries Inc is registered with the SEC under industry code SIC 3089 (Plastics Products, NEC). Its shares trade on NASDAQ under the ticker DSWL.

Revenue and profit by year

Revenue
FY19: $66.6M $66.6M FY19FY20: $65.4M $65.4M FY20FY21: $64.9M $64.9M FY21FY22: $86M $86M FY22FY23: $77.3M $77.3M FY23FY24: $69.4M $69.4M FY24FY25: $67.6M $67.6M FY25FY26: $61.3M $61.3M FY26
Net income
FY19: $4.3M $4.3M FY19FY20: -$1.3M -$1.3M FY20FY21: $8.2M $8.2M FY21FY22: $8.2M $8.2M FY22FY23: $2.1M $2.1M FY23FY24: $7.7M $7.7M FY24FY25: $11.1M $11.1M FY25FY26: $10.6M $10.6M FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$61.3M$2M$10.6M$0.67$4.7M
2025$67.6M$3.3M$11.1M$0.70$13.2M
2024$69.4M$3.8M$7.7M$0.48$12.8M
2023$77.3M$2.9M$2.1M$0.13$12.2M
2022$86M$2.8M$8.2M$0.51-$1.7M
2021$64.9M$3.3M$8.2M$0.51$2.7M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where DSWL ranks in Industrials

Revenue$61.3M
#429 of 603 in Industrials · Bottom 29%
Revenue growth-9.3%
#451 of 520 in Industrials · Bottom 13%
Net margin17.3%
#49 of 523 in Industrials · Top 9%
Free cash flow margin7.7%
#179 of 489 in Industrials · Top 36%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Dividends

Deswell Industries Inc declared $0.20 per share in fiscal 2026. It paid out $3.2M in cash dividends, 30% of its net income.

Fiscal yearPer sharePaid outOf profit
2026$0.20$3.2M30%
2025$0.20$3.2M29%
2024$0.20$3.2M41%
2023$0.20$3.2M155%
2022$0.20$3.2M39%
2021$0.18$2.9M35%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Deswell Industries Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 18, 2026
  2. July 30, 2026
  3. July 30, 2026
    Annual report (foreign issuer) 20-F · period to March 31, 2026Revenue fell 9.3% to $61.3M versus the prior year; diluted EPS $0.67 versus $0.70.
  4. June 17, 2026
  5. May 29, 2026
  6. February 3, 2026
  7. November 20, 2025
  8. November 13, 2025
  9. September 19, 2025
  10. July 29, 2025

Recent insider filings (Forms 3, 4 and 144): 7, the latest on April 1, 2026. Insider transactions on SEC

Insider trades

What the people running Deswell Industries Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns DSWL

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Lau Wai Ming13D, may seek influence 61.8% 9,841,851 June 27, 2024

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 10 managers reported a position.

HolderSharesValueChange on quarter
Royal Palms Capital LLC641,110$2.5M-907
Morgan Stanley190,373$742.5K-11,207
Garde Capital, Inc.83,048$323.9K0
RBF Capital, LLC25,003$97.5K0
Susquehanna International Group, Llp17,504$68.3K-2,862
Bnp Paribas Financial Markets3,199$12.5K0
Osaic Holdings, Inc.200$7800
Russell Investments Group, Ltd.64$2500
SBI Securities Co., Ltd.17$66-11
Acadian Asset Management LLC3,690$140

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about DSWL

What does Deswell Industries Inc do?

Deswell Industries Inc is a company in the Industrials sector, listed on NASDAQ as DSWL. Its shares trade on NASDAQ under the ticker DSWL.

What is Deswell Industries Inc's net worth?

Deswell Industries Inc has a market value (market cap) of $50M at the latest share price, and shareholders' equity of $109.4M on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Deswell Industries Inc profitable?

Yes. In fiscal 2026 it reported net income of $10.6M on revenue of $61.3M, a net margin of 17.3%.

How much revenue does Deswell Industries Inc make?

In fiscal 2026 Deswell Industries Inc reported revenue of $61.3M. That is 9.3% less than a year earlier.

When did Deswell Industries Inc last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on July 30, 2026. It covers the period to March 31, 2026. Its newest filing of any kind is the foreign issuer update from September 18, 2026.

Does Deswell Industries Inc pay a dividend?

Yes. Deswell Industries Inc declared dividends of $0.20 per share in fiscal 2026.

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Where the numbers come from

Financial figures are the values Deswell Industries Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.