Quarterly ResultMay 13, 2026, 07:17 AM
Vishay Q1 Revenue $839.2M; GAAP EPS $0.05; Q2 Outlook Strong
AI Summary
Vishay Intertechnology reported strong first-quarter 2026 financial results, with revenues reaching $839.2 million and GAAP EPS of $0.05. The company achieved a robust book-to-bill ratio of 1.34 and a backlog of 5.7 months, indicating solid demand. Management attributed the performance to the Vishay 3.0 strategy and provided an optimistic outlook for the second quarter, projecting revenues between $875 million and $905 million with an improved gross profit margin.
Key Highlights
- Vishay Q1 2026 revenues reached $839.2 million, up from $800.9 million in Q4 2025.
- Gross margin improved to 21.0% in Q1 2026, compared to 19.6% in the prior quarter.
- GAAP EPS was $0.05 for Q1 2026, a significant increase from $0.01 in Q4 2025.
- The book-to-bill ratio for Q1 2026 was 1.34, with semiconductors at 1.47 and passive components at 1.23.
- Backlog stood at 5.7 months at the end of the quarter.
- For Q2 2026, management expects revenues between $875 million and $905 million.
- Q2 2026 gross profit margin is projected to be in the range of 22.0% +/- 50 basis points.