| Metric | Value ($ M) | Q2 FY25 |
|---|---|---|
| Revenue | 839.24 | 10.1% |
| Total Income | 839.24 | 10.1% |
| Expenditure | 817.12 | 10.4% |
| PBT | 12.85 | 4.6% |
| Net Profit | 7.16 | 258.0% |
| OPM | 2.64% | 0.27pp |
| NPM | 0.85% | 0.59pp |
| EPS | 0.05 | 400.0% |
Vishay Intertechnology Reports Q2 2026 Results with Strong Sequential Revenue Growth
05 Aug 2026 · 5 Aug, 5:07 pm
Summary
Vishay Intertechnology announced its financial results for the second quarter ended July 4, 2026, reporting GAAP revenues of $888.6 million and adjusted revenues of $918.6 million, which showed 9.5% sequential growth. The company achieved a gross margin of 23.3% and an operating margin of 6.0%. Diluted EPS for the quarter was $0.19, and the book-to-bill ratio was a strong 1.32 with a backlog of 6.1 months. Management expressed optimism about continued strengthening demand and the company's positioning for sustained growth.
Key Highlights
- 1
Vishay Intertechnology reported GAAP revenues of $888.6 million for the second quarter of 2026.
- 2
Adjusted revenues for Q2 2026 reached $918.6 million, representing 9.5% sequential growth and exceeding guidance.
- 3
The company achieved a gross margin of 23.3% and an adjusted gross margin of 22.6% in Q2 2026.
- 4
Operating margin for the second quarter was 6.0%, with an adjusted operating margin of 5.8%.
- 5
Diluted earnings per share (EPS) for Q2 2026 was $0.19.
- 6
The book-to-bill ratio for Q2 2026 was 1.32, indicating strong order intake.
- 7
Backlog at the end of the quarter stood at 6.1 months.
Management Comments
Joel Smejkel
For the second quarter, Vishay delivered 9.5% sequential growth to adjusted revenue of $919 million, exceeding the top end of our revenue guidance and representing continued strengthening demand across all end markets, channels and regions. Executing as a new company, Vishay 3.0 is focused on supplying our increasing customer count and taking full advantage of the upcycle, outpacing industry growth, while laying the foundation to leverage multi-year demand across all end markets for sustained growth, expanded margins and enhanced stockholder returns.
Informational and educational content only. Not investment advice.