Key Takeaways Vishay Intertechnology shares fell 4.2% after Q4 EPS came in at a penny, missing estimates.VSH posted $800.9M in Q4 revenues, beating estimates as most segments logged year-over-year growth.Vishay Intertechnology guided Q1 revenues of $800M-$830M, with gross margin seen near 19.9%.Vishay Intertechnology, Inc. (VSH) shares fell 4.2% on Wednesday after the company reported lower-than-expected bottom-line results for the fourth quarter of 2025. VSH reported fourth-quarter earnings of a penny per ...

MALVERN, Pa., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced four new power inductors in the 2.0 mm by 1.6 mm by 1.2 mm 0806 and 3.2 mm by 2.5 mm by 1.2 mm 1210 case sizes. The commercial IHLL-0806AZ-1Z and IHLL-1210AB-1Z and Automotive Grade IHLP-0806AB-5A and IHLP-1210ABEZ-5A achieve the same performance as the next-smallest competing inductor in 11 % (1210) and 64 % (0806) smaller footprints, while offering higher operating temperatures, wider range of inducta ...

Vishay Intertechnology (NYSE:VSH) Q4 2025 Earnings call February 04, 2026 09:00 AM ET Company ParticipantsDave McConnell - CFOJoel Smejkal - CEOPeter Henrici - Head of Investor RelationsPeter Peng - Equity Research AssociateShawn Holland - Financial Advisor and Portfolio ManagerConference Call ParticipantsRuplu Bhattacharya - VP and Senior Equity Research AnalystOperatorGood day, and thank you for standing by. Welcome to the Vishay Intertechnology Fourth Quarter 2025 earnings call. At this time, all partici ...

Vishay Intertechnology (NYSE:VSH) Q4 2025 Earnings call February 04, 2026 09:00 AM ET Company ParticipantsDave McConnell - CFOJoel Smejkal - President and CEOPeter Henrici - Head of Investor RelationsPeter Peng - Equity Research AssociateShawn Holland - Financial Advisor and Portfolio ManagerConference Call ParticipantsRuplu Bhattacharya - VP and Senior Equity Research AnalystOperatorGood day, and thank you for standing by. Welcome to the Vishay Intertechnology fourth quarter 2025 earnings call. At this tim ...

Financial Data and Key Metrics Changes - The company reported Q4 revenue of $801 million, slightly above the midpoint of guidance and a 1.3% increase from Q3 [4] - Revenue increased by 12% compared to Q4 2024, driven by an 11% increase in volume and a favorable foreign currency impact of 3% [18] - Gross profit was $157 million, resulting in a gross margin of 19.6%, which is modestly above both the midpoint of guidance and Q3 [18][19] - GAAP earnings per share was $0.01, compared to a loss of $0.06 in Q3 and a loss of $0.49 in Q4 2024 [20] Business Line Data and Key Metrics Changes - Automotive revenue decreased by 3.4% versus Q3, while Asia automotive revenue grew in a seasonally strong quarter [9] - Industrial power revenue increased by 3.2%, driven by shipments of high voltage DC power capacitors and inventory replenishment [10] - Aerospace and defense revenue was slightly down by 1.2%, reflecting U.S. government shutdown impacts [12] - Healthcare revenue was flat compared to Q3, with Europe experiencing its strongest quarter in three years [13] - Other category revenue grew by 10.6%, primarily due to AI power management applications [13] Market Data and Key Metrics Changes - Revenue growth for the quarter came entirely from Asia, which grew by 3.6%, while the Americas and Europe were flat due to year-end holiday slowdowns [16] - Book-to-bill ratio was 1.2, indicating strong order growth across all regions and channels [7] - Backlog at quarter end was $1.3 billion, representing 4.9 months of supply [8] Company Strategy and Development Direction - The company is executing a five-year strategic plan aimed at driving faster revenue growth and enhancing capital returns [28] - Significant investments are being made in capacity expansion, particularly at the 12-inch fab, with expected CapEx of $400 million to $440 million in 2026 [28][29] - The company is focusing on innovation, including the release of new products and solutions, particularly in silicon carbide technology for automotive applications [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining competitive lead times and securing customer trust, positioning the company for revenue growth in 2026 [32] - The company anticipates continued demand in key growth segments, with customer program visibility improving [32] - Management expects revenue for Q1 2026 to be between $800 million and $830 million, with sequential increases in all key growth segments [25] Other Important Information - The company generated $149 million in operating cash for Q4, with total CapEx for the quarter at $95 million [22] - The cash conversion cycle improved to 125 days, down from 130 days in Q3 [22] - The company plans to maintain its dividend policy, returning at least 70% of free cash flow to shareholders [27] Q&A Session Summary Question: What is the current view on industry growth expectations? - Management maintains a view of mid to high single-digit growth across key segments, including industrial power and automotive [35][36] Question: How are gross margins expected to trend? - Management indicated that annual contractual negotiations have resulted in less historical ASP decline, with price increases implemented due to higher material costs [38][39] Question: What is the outlook for automotive demand? - Management noted gains in market share and increasing volumes, particularly in technology areas such as electrification and ADAS [44][45] Question: Can you elaborate on CapEx and OpEx plans? - Management outlined a CapEx plan of $400 million to $440 million for 2026, focusing on capacity expansion and targeted projects [54][55] Question: Is M&A being considered? - Management confirmed that M&A is always on the table, with a focus on optimizing the company's footprint and exploring opportunities in both passive and active segments [62]

Vishay Intertechnology (VSH) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50.00%. A quarter ago, it was expected that this chipmaker would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the compan ...

4Q 2025 Earnings Conference Call February 4, 2026 © VISHAY INTERTECHNOLOGY, INC. ALL RIGHTS RESERVED. NOTES ON FORWARD-LOOKING STATEMENTS Comments in this presentation other than statements of historical fact may constitute forward-looking statements. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. Such statements are based on current expect ...

Revenue and Earnings - 4Q 2025 revenues reached $800.9 million, a 1.3% increase from the previous quarter[2] - For the full year 2025, net revenues were $3.069 billion, up from $2.938 billion in 2024, representing a year-over-year increase of 4.5%[13] - The company expects 1Q 2026 revenues to be between $800 million and $830 million, with a gross profit margin of approximately 19.9%[3] - Net earnings attributable to Vishay stockholders for 2025 were a loss of $8.978 million, compared to a loss of $31.150 million in 2024[13] - The company reported a net loss of $8,978 thousand for the year ended December 31, 2025, an improvement from a net loss of $29,755 thousand in 2024[17] Profitability and Margins - Gross margin for 4Q 2025 was 19.6%, impacted by approximately 130 basis points due to Newport[6] - The operating income for 2025 was $56.9 million, with an operating margin of 1.9%, compared to 0.2% in 2024[13] - Adjusted EBITDA for the year ended December 31, 2025, was $264,246 thousand, compared to $317,358 thousand in 2024, indicating a decrease of 16.7%[20] - The adjusted EBITDA margin for the year ended December 31, 2025, was 8.6%, down from 10.8% in 2024[20] - The company experienced a favorable resolution of contingency that positively impacted adjusted net earnings by $11,293 thousand in 2025[18] Cash Flow and Dividends - Net cash provided by operating activities for the year ended December 31, 2025, was $184,308 thousand, up from $173,702 thousand in 2024, reflecting a 6.9% increase[17] - Cash dividends per share remained stable at $0.40 for both 2025 and 2024[13] - The company’s cash and cash equivalents at the end of the period decreased to $514,966 thousand from $590,286 thousand, a decline of 12.7%[17] Liabilities and Backlog - Total current liabilities increased to $720,426 thousand in December 2025 from $708,348 thousand in December 2024, representing a 1.5% increase[16] - Total liabilities increased to $2,145,887 thousand in December 2025 from $2,081,734 thousand in December 2024, marking a 3.1% increase[16] - Backlog at the end of 4Q 2025 was 4.9 months, indicating strong demand[6] Capital Expenditures and Future Outlook - Capital expenditures for the year ended December 31, 2025, were $273,293 thousand, down from $320,079 thousand in 2024, a reduction of 14.6%[17] - The company aims to enhance profitability and accelerate revenue growth as it enters 2026[2] - The company reported a book-to-bill ratio of 1.20 for the quarter, with semiconductors at 1.27 and passive components at 1.13[6]

Core Insights - Vishay Intertechnology, Inc. reported a 1.3% increase in revenue for the fourth quarter of 2025 compared to the third quarter, driven by demand in industrial and AI-related power applications [3] - The company achieved a book-to-bill ratio of 1.20, indicating strong order growth, with orders reaching a three-year high [3] - For the first quarter of 2026, management anticipates revenues between $800 million and $830 million, with a gross profit margin of approximately 19.9% [4] Financial Performance - Fourth quarter 2025 revenues were $800.9 million, with a gross margin of 19.6%, impacted by approximately 130 basis points due to Newport [9] - The company reported a net loss of $8.978 million for the year ended December 31, 2025, compared to a net loss of $29.755 million in 2024 [13][20] - Operating income for the fourth quarter was $14.788 million, resulting in an operating margin of 1.8% [15] Balance Sheet and Cash Flow - As of December 31, 2025, total assets were $4.234 billion, an increase from $4.111 billion in 2024 [19] - Current liabilities stood at $720.426 million, with total liabilities amounting to $2.145 billion [19] - The company generated $184.308 million in net cash from operating activities for the year ended December 31, 2025 [20] Market Position and Strategy - Vishay is recognized as one of the largest manufacturers of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, and healthcare [7] - The company aims to enhance profitability and return on capital while maintaining competitive lead times to build customer trust [3]

MALVERN, Pa., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced five new 1200 V MOSFET power modules designed to increase power efficiency for medium to high frequency applications in automotive, energy, industrial, and telecom systems. The Vishay Semiconductors VS-SF50LA120, VS-SF50SA120, VS-SF100SA120, VS-SF150SA120, and VS-SF200SA120 feature Vishay’s latest generation silicon carbide (SiC) MOSFETs in the industry-standard SOT-227 package. Offered in single switch ...