Data I/O Corp (NASDAQ: DAIO) is a semiconductor equipment company that designs, manufactures, and sells programming and security deployment systems for flash memory, microcontrollers, and security integrated circuits. Revenue comes from transactional sales of programming hardware, software, and related service and support arrangements, with transaction price allocated across hardware, software, service, and extended maintenance performance obligations. Founded in 1972 and headquartered in Redmond, Washington, the company sells to electronics manufacturers across automotive, industrial, IoT, medical, wireless, and consumer electronics end markets. Automotive electronics represented approximately 64% of FY2025 bookings, down from 59% in FY2024. Full-year 2025 bookings were $18.6 million, a 17% decline from $22.5 million in FY2024, with backlog of $1.6 million at December 31, 2025. The company does not pay a regular cash dividend. William Wentworth has served as President and CEO since the fourth quarter of 2024.

Revenue model

Transactional sales of programming and security deployment hardware, software, service contracts, and extended maintenance. Revenue is recognized upon transfer of control, with transaction price allocated across multiple performance obligations in bundled arrangements. Products are sold through an internal sales force and third-party distributors and representatives.

Products and services

Data programming systems and security deployment systems for flash memory (NAND, eMMC, UFS), microcontrollers, and security integrated circuits. Systems support pre-placement programming as well as in-system programming (ISP) and programming at test. The company is expanding into the broader data provisioning market and positioning for Edge AI device provisioning.

Customers and end markets

Electronics manufacturers in automotive (approximately 64% of FY2025 bookings), industrial, IoT, medical, wireless, and consumer electronics. Asia was the strongest regional source of bookings in FY2025. North America demand was consistent with FY2024, while Europe declined. The company sells capital equipment used in manufacturing processes.

Value-chain role

Upstream capital equipment supplier to electronics manufacturers. Sits between semiconductor manufacturers, whose devices require programming, and OEM electronics manufacturers who program and deploy those devices into finished products. Works closely with semiconductor manufacturers to maintain device support compatibility.

Geographic exposure

Manufacturing and engineering facilities in Redmond, Washington and Shanghai, China. Sales and support operations in Munich, Germany. Asia represented the strongest booking region in FY2025; Europe declined. North America was consistent year-over-year through most of FY2025.

Source: SEC 10-K, filed 2026-04-16

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