VSH · Vishay Intertechnology Inc
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. Vishay reported Q2 adjusted revenue of $919M, exceeding the top end of guidance and up 9.5% sequentially and 21% year-on-year, with backlog up 18% to $1.9B and book-to-bill of 1.32. The company raised its gross margin outlook, guiding Q3 gross margin to 24.0% +/- 50 bps (a quarter sooner than prior plan), with Q3 revenue guided to $945M-$975M, while completing an $830M equity offering and planning $400-440M in 2026 CapEx.
- + Q2 adjusted revenue of $919M exceeded the top end of guidance, up 9.5% sequentially and 21% YoY.
- + Backlog grew 18% to $1.9B with Q2 book-to-bill of 1.32 (record for resistors and inductors).
- + Q3 gross margin guided to 24.0% +/- 50 bps, achieved a quarter sooner than the prior target.
- + Adjusted operating margin expanded to 5.8% from 2.6% in Q1 and 1.4% in Q2 2025.
- + Completed an $830M equity offering to accelerate growth investments across semis and passives.
- + All end markets grew, with industrial revenue up 30.1% YoY on AI power, smart grid, and high-voltage DC demand.
- − Q2 GAAP revenue was reduced by $30M of tariff refunds passed through to customers.
- − Q3 effective tax rate expected to remain elevated at 35-40%.
- − 2026 free cash flow expected to be negative due to elevated capacity-expansion CapEx.
- − Q2 free cash flow was only $10M after CapEx of $95M, weighed down by capacity spending.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Semiconductors — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
VSH
this stock
Vishay Intertechnology Inc
|
$4.81B | +124.4% | +4.5% | 165.2 | 10.1% |
|
NVDA
Nvidia Corp
|
$5.36T | +19.2% | +65.5% | 28.1 | 1.2% |
|
TSM
Taiwan Semiconductor Manufacturing Co Ltd
|
$2.15T | +43.0% | — | — | 0.6% |
|
AVGO
Broadcom Inc.
|
$1.62T | +3.3% | +18.2% | 43.3 | 1.1% |
|
SKHY
SK hynix Inc.
|
$1.33T | — | — | — | 0.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VSH | -2.1% | +2.1% | +91.0% | +6.8% | +124.4% |
| SPY | -0.3% | -0.1% | +20.1% | -0.7% | +11.7% |
| vs SPY | -1.8% | +2.3% | +70.9% | +7.5% | +112.7% |