The purpose of this study was to investigate the influence of a diaphragm material on the performance of a microspeaker. The finite element method was adopted to analyze the mode shapes and the displacement of the diaphragm under a force load. The Rayleigh integral was then calculated to determine the radiated sound pressure and frequency response of a loudspeaker. The location of the voice coil was also investigated. Locating the voice coil at approximately 53% to 76% of coil-radius/diaphragm-radius ratio yielded a favorable mode shape distribution and performance for the loudspeaker. In addition, two loudspeaker designs, Models A and B, were analyzed to determine the effects of the diaphragm material. The numerical results of Models A and B, indicated that the mode shape is a crucial factor when considering the materials used in a loudspeaker diaphragm. The property of a material at the inflection point of a mode shape obviously affects the modal frequency. According to this observation, the most crucial first and second axial symmetric modes in a loudspeaker design can be adjusted and the performance can be improved.