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Vishay Intertechnology, Inc., one of the world's largest manufacturers of discrete semiconductors and passive electronic components, announced results for the fiscal third quarter ended October 3, 2026.
Highlights
- 3Q 2026 revenues of $978.9 million
- 3Q 2026 gross margin was 25.5%
- 3Q 2026 operating margin was 9.4%
- 3Q 2026 diluted EPS of $0.37
- 3Q 2026 book-to-bill of 1.29 with book-to-bill of 1.28 for semiconductors and 1.31 for passive components
- Backlog at quarter end was 6.6 months
“Q3 revenue of $979 million marked the highest quarterly revenue ever in Vishay’s history and exceeded the top end of our guidance. With revenue growth of 24% over last year, we lifted our gross profit margin to 25.5%, 600 basis points higher. This significant gross margin improvement flowed through to earnings which surged to $0.37 per share. All technologies delivered strong results, demonstrating the value of Vishay as a hybrid supplier of discrete semiconductors and passive components,” said Joel Smejkal, president and CEO. “We remain intensely focused on execution under Vishay 3.0, delivering on our promise to our customers to be a reliable supplier with incremental capacity and maintain competitive lead times.”
4Q 2026 Outlook
For the fourth quarter of 2026, management expects revenues in the range of $990 million +/- $15 million and a gross profit margin in the range of 26.0% +/- 50 basis points.
