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]

Core Insights - Vishay Intertechnology, Inc. has launched five new 1200 V MOSFET power modules aimed at enhancing power efficiency for medium to high frequency applications across various sectors including automotive, energy, industrial, and telecom systems [1][2]. Product Features - The new power modules, VS-SF50LA120, VS-SF50SA120, VS-SF100SA120, VS-SF150SA120, and VS-SF200SA120, incorporate the latest generation of silicon carbide (SiC) MOSFETs and are available in the industry-standard SOT-227 package [1][3]. - Each module features a SiC MOSFET integrated with a soft body diode, which results in reduced switching losses and improved efficiency for applications such as solar inverters, electric vehicle chargers, and large-scale battery storage systems [2][4]. - The modules provide continuous drain current ranging from 50 A to 200 A, with low on-resistance values down to 12.1 mΩ, and a maximum operating junction temperature of +175 °C [4][5]. Design and Compatibility - The compact SOT-227 package allows these devices to serve as drop-in replacements for existing solutions, facilitating the adoption of new SiC technologies without the need for redesigning PCB layouts [3][4]. - The molded package offers electrical insulation up to 2500 V for one minute, which helps in reducing costs by eliminating the need for additional insulation between the component and heatsink [3]. Availability - Samples and production quantities of the new power modules are currently available, with lead times of 13 weeks [5].

Core Insights - The article discusses the challenges faced by companies in managing excess inventory, particularly in the semiconductor industry, highlighting the financial burden of storage and capital costs associated with unsold materials [1] - It emphasizes the services provided by a company called "Chip Superman," which has successfully served 22,000 users and offers rapid inventory clearance solutions [2][11] - The article lists various semiconductor components available for sale at discounted prices, indicating a significant inventory of over 50 million chips valued at over 100 million [10] Group 1: Inventory Management - Companies are incurring monthly storage and capital costs of at least 5,000, leading to potential losses of 30,000 after six months if inventory remains unsold [1] - The article suggests that companies struggling to promote their materials can seek assistance from Chip Superman [1] Group 2: Services Offered - Chip Superman has a smart warehouse spanning 1,600 square meters, with over 1,000 models and 100 brands in stock, totaling 50 million chips [10] - The company claims to complete transactions in as little as half a day, providing a quick solution for businesses looking to clear their inventory [11] Group 3: Product Listings - A detailed list of available semiconductor components is provided, including brands like Micron, SK Hynix, and Samsung, with quantities ranging from 1,360 to 44,000 units for various models [5][6][7] - The article also includes a request for specific components, indicating ongoing demand in the market [8]

Core Viewpoint - The semiconductor industry has faced significant challenges over the past year, particularly for companies lacking exposure to growth markets such as AI and data centers [1] Group 1: Industry Challenges - Companies that provide diversified components like MOSFETs, resistors, capacitors, and diodes have experienced slow growth due to the lack of meaningful exposure to high-growth sectors [1]

Core Viewpoint - The semiconductor industry has faced significant challenges over the past year, particularly for companies lacking exposure to growth markets such as AI and data centers [1] Group 1: Industry Challenges - Companies that provide diversified components like MOSFETs, resistors, capacitors, and diodes have experienced slow growth due to the lack of meaningful exposure to high-growth sectors [1]

Devices Offer Drop-in Replacements to Reduce Conduction Losses and Increase Efficiency in Industrial ApplicationsMALVERN, Pa., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced four new 100 V Gen 2 Trench MOS Barrier Schottky (TMBS®) rectifier modules in the compact, fully insulated SOT-227 package. Optimized for power conversion in industrial applications, the devices offer best-in-class forward voltage drop down to 0.83 V to reduce conduction losses. The Vishay Se ...

Core Insights - Vishay Intertechnology has expanded its 193 PUR-SI series of miniature snap-in power aluminum electrolytic capacitors with new voltage ratings of 550 V and 600 V, offering up to 30% higher ripple current than standard solutions in similar sizes [1][2] Product Features - The new capacitors handle ripple currents up to 3.27 A and have a useful life of 5000 hours at +105 °C, suitable for applications requiring over 25 years of operation in ambient temperatures up to +60 °C [3] - The capacitors are available in capacitance values ranging from 47 µF to 820 µF across 25 compact case sizes, with dimensions from 22 mm x 25 mm to 35 mm x 60 mm [3][5] - They feature a cylindrical aluminum case insulated with a blue sleeve and are RoHS-compliant, with 3-pin keyed polarity snap-in terminals for stable PCB mounting [3] Application Areas - These capacitors are ideal for smoothing, buffering, and DC-Link filtering in various applications, including switch mode power supplies, battery management systems, electric and hybrid vehicles, industrial motor drives, solar inverters, medical equipment, and UPS systems [4] Technical Specifications - The capacitors have a rated voltage range of 400 V to 450 V and 500 V to 600 V, with a tolerance of ± 20% and a category temperature range of -40 °C to +105 °C [5] - Maximum ESR at 100 Hz ranges from 120 mΩ to 3365 mΩ, and maximum impedance at 10 kHz ranges from 80 mΩ to 2700 mΩ [5] Availability - Samples of the extended 193 PUR-SI series capacitors are available from catalog houses in small quantities, with production quantities currently available and lead times of 18 weeks [7]

Core Insights - Vishay Intertechnology, Inc. has expanded its transmissive sensor family with the introduction of two new surface-mount devices, the single-channel VT171P and dual-channel VT172U, designed for various applications including industrial, consumer, and telecom [1][2]. Group 1: Product Features - The new devices are housed in a compact package measuring 5.5 mm x 4 mm x 5.7 mm and feature a 42% increased dome height compared to previous-generation devices, allowing for greater flexibility in mechanical designs [1][2]. - The VT171P includes an infrared emitter and phototransistor detector, while the VT172U features an infrared emitter and two phototransistor detectors, both delivering a typical output current of 1.5 mA and operating at a wavelength of 950 nm [3]. - Both sensors have a gap width of 3 mm, apertures of 0.3 mm, and fast rise and fall times of 14 μs and 21 μs, respectively [3]. Group 2: Compliance and Availability - The devices have a Moisture Sensitivity Level rating of 1 (MSL1), indicating an unlimited floor life, and are compatible with lead-free reflow solder processes according to JEDEC-STD-020 [4]. - The sensors are halogen-free, RoHS-compliant, and classified as Vishay Green, emphasizing their environmentally friendly design [4]. - Samples and production quantities are currently available, with lead times of 10 weeks [4]. Group 3: Company Overview - Vishay Intertechnology is recognized for manufacturing one of the largest portfolios of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [5]. - The company is listed on the NYSE under the ticker VSH and is part of the Fortune 1000 [5].

Core Viewpoint - Vishay Intertechnology, Inc. is set to release its fiscal fourth quarter results for the period ending December 31, 2025, on February 4, 2026, before the market opens [1]. Group 1: Financial Results Announcement - The financial results will be disclosed before the New York Stock Exchange opens on February 4, 2026 [1]. - A conference call to discuss these results is scheduled for the same day at 9:00 a.m. ET [2]. - Participants must pre-register to join the live conference call, after which they will receive a dial-in number and unique PIN [2]. Group 2: Access to Information - A live audio webcast of the conference call will be available on the Investor Relations section of the Vishay website [3]. - A PDF copy of the press release and the quarterly presentation will also be accessible on the website [3]. - The conference call will be replayed on the Investor Relations website approximately one hour after the call and will remain available for 30 days [3]. Group 3: Company Overview - Vishay manufactures a large portfolio of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [4]. - The company is recognized as a Fortune 1,000 Company and is listed on the NYSE under the ticker VSH [4].