Vishay Intertechnology Reports Third Quarter Results
MALVERN, PA — Vishay Intertechnology, Inc., (NYSE: VSH), a leading manufacturer of discrete semiconductors and passive electronic components, has released its financial results for the fiscal third quarter of 2025, covering the period ended September 27, 2025.
Key Financial Highlights
In Q3 2025, Vishay reported revenues amounting to $790.6 million, achieving a gross margin of 19.5%. The gross margin included an approximate negative impact of 150 basis points related to Newport. The earnings report highlighted a GAAP loss per share of $(0.06), while the adjusted earnings per share stood at $0.04. The book-to-bill ratio was noted at 0.97, with semiconductors at 0.96 and passive components at 0.98. The backlog at the end of the quarter was equivalent to 4.4 months.
Management Comments
Joel Smejkal, the President and CEO, commented on the results: "Our revenue growth in the third quarter illustrates Vishay’s strong alignment with rapidly growing markets such as smart grid infrastructure, AI-related power needs, and the automotive and aerospace sectors. The investments made in our capacity expansion over the last three years equip us to effectively navigate market upcycles, meeting demand for fast delivery while retaining competitive lead times."
Fourth Quarter 2025 Outlook
Looking ahead to Q4 2025, management expects revenues to fall within a range of $790 million plus or minus $20 million. The gross profit margin is projected to remain around 19.5%, with potential fluctuations of +/- 50 basis points, again accounting for a negative influence between 150 to 175 basis points associated with Newport.
Investor Conference Call
Vishay has planned a conference call to discuss these financial results on November 5, 2025, at 9:00 AM ET. Interested participants should pre-register to receive a dial-in number and a unique PIN. A live audio webcast and a PDF of the press release will be accessible via the Investor Relations section of the company's website.
About Vishay Intertechnology
Vishay Intertechnology produces one of the broadest portfolios of discrete semiconductors and passive electronic components necessary for innovative design and applications across various sectors, including automotive, industrial, computing, consumer electronics, telecommunications, military, aerospace, and medical fields. Vishay is part of the Fortune 1,000 and is publicly traded on the NYSE under the ticker VSH.
Frequently Asked Questions
What are the notable financial figures from Vishay’s Q3 2025 results?
Vishay reported revenues of $790.6 million, with a gross margin of 19.5% and an adjusted earnings per share of $0.04.
How does Vishay plan to navigate challenges in the upcoming quarters?
The company is focusing on capitalizing on growth in key markets like smart grid and AI, supported by significant investments in capacity over the past three years.
What is the expected revenue range for Q4 2025?
Management forecasts revenues between $790 million and $810 million for the fourth quarter of 2025.
Where can investors find more information on Vishay's financial results?
Additional information is available on the Investor Relations section of Vishay’s website, which will also feature a replay of the conference call.
What industries does Vishay serve?
Vishay serves various sectors including automotive, industrial, telecommunications, aerospace, military, computing, and medical markets.
