Data I/O Corp. (DAIO) intrinsic value & 10-year financials

Data I/O Corp. (DAIO) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 0.9% a year to $21.5M, with an average return on invested capital of -6.7%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$2.58
Market cap
$24.1M
Revenue (FY2025)
$21.5M
Revenue growth (10-yr CAGR)
-0.9%
ROIC (10-yr avg)
-6.7%
Free cash flow (FY2025)
-$2.8M

DAIO 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $21.5M -$5.2M -$0.56 -$2.8M -23.8% -40.7%
FY2024 $21.8M -$3.1M -$0.34 -$1.5M -14.0% -20.4%
FY2023 $28.1M $486.0K $0.00 $1.2M 1.6% 2.7%
FY2022 $24.2M -$1.1M -$0.00 -$2.1M -3.1% -8.8%
FY2021 $25.8M -$555.0K -$0.00 $787.0K -1.1% -3.9%
FY2020 $20.3M -$4.0M -$0.00 -$229.0K -15.1% -41.5%
FY2019 $21.6M -$1.2M -$0.00 -$2.7M -5.9% -18.5%
FY2018 $29.2M $1.6M $0.00 $1.2M 5.9% 29.3%
FY2017 $34.1M $5.4M $0.00 $7.0M 14.8% 26.5%
FY2016 $23.4M $1.7M $0.00 $836.0K 6.1% 8.7%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

DATA I/O CORP is facing top-line stagnation, with revenue contracting over the decade.

DATA I/O CORP has historically struggled to out-earn its cost of capital, averaging just -6.7% ROIC.

Over the decade, DATA I/O CORP shows that management has aggressively returned capital to shareholders by retiring 99.9% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, DATA I/O CORP is modeled at -0.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.00 per share.

DAIO stock: frequently asked questions

What is the intrinsic value of Data I/O Corp. (DAIO) stock?

Graham's formula only works with positive earnings. Data I/O Corp. reported diluted EPS of -$0.56 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Data I/O Corp. grown?

Revenue went from $23.4M in fiscal 2016 to $21.5M in fiscal 2025, a compound annual growth rate of -0.9%. Net income was -$5.2M in fiscal 2025.

Does Data I/O Corp. generate free cash flow?

Data I/O Corp. generated -$2.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 5 of the last 10 reported years.

What is DAIO's return on invested capital?

Average ROIC over the last 10 fiscal years was -6.7%, and average return on equity was -3.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this DAIO data come from?

From Data I/O Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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