Every material Form 8-K Vishay Intertechnology has filed with the SEC since August 07, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Vishay reported fiscal third-quarter 2026 net revenues of $978.9 million, the highest quarterly revenue in its history according to the company, and diluted EPS of $0.37, compared with a loss of $0.06 a year earlier. The company also guided fourth-quarter revenue to $990 million plus or minus $15 million and a gross margin of 26.0% plus or minus 50 basis points, and filed estimates of diluted share counts to help shareholders model EPS.
Q3 2026 revenue of $978.9 million, up from $790.6 million a year earlier; gross margin rose to 25.5% from 19.5%.
Net earnings of $59.0 million, or $0.37 diluted EPS, versus a net loss of $7.9 million, or $0.06 per share, in Q3 2025.
Q4 2026 outlook: revenue of $990 million +/- $15 million and gross profit margin of 26.0% +/- 50 basis points.
Estimated Q4 diluted shares range from 157 million (stock price below $30.16) to 171 million (at $60.00 average stock price), assuming no share or convertible note repurchases.
Vishay reported fiscal second-quarter 2026 GAAP revenue of $888.6 million and diluted EPS of $0.19, up from $762.3 million and $0.01 a year earlier. The company said adjusted revenue of $918.6 million exceeded the top end of its revenue guidance, and it guided to third-quarter revenue of $945 million to $975 million. The filing also gives shareholders guidance on how convertible notes and equity awards could affect third-quarter diluted share counts.
Q2 GAAP revenue was $888.6 million, including a $30.0 million reduction for tariff refunds passed through to customers; adjusted revenue was $918.6 million.
Q2 diluted EPS was $0.19, compared with $0.01 in the year-earlier quarter; net earnings were $28.1 million.
Third-quarter 2026 outlook: revenue of $945 million to $975 million and gross profit margin of 24.0% plus or minus 50 basis points.
The $750 million 2030 convertible notes are included in diluted EPS using the if-converted method; projected third-quarter diluted shares range from 157 million to 171 million depending on the average stock price.
On June 29, 2026, Vishay agreed to sell 15,000,000 common shares at $50.00 each, and underwriters exercised in full their option to buy 2,250,000 more on June 30. The company expects net proceeds of about $830.3 million, to be used for growth initiatives, general corporate purposes and reducing borrowings under its senior secured credit facility. The sale adds to the number of shares outstanding, and closing is expected on July 1, 2026.
15,000,000 shares offered at $50.00 per share, with J.P. Morgan Securities LLC as representative of the underwriters
Underwriters exercised in full their 30-day option for 2,250,000 additional shares on June 30, 2026
Expected net proceeds of about $830.3 million, to fund growth initiatives and reduce senior secured credit facility borrowings
Offering expected to close July 1, 2026, subject to customary closing conditions
At its May 18, 2026 annual meeting, Vishay stockholders approved Amendment No. 1 to the 2023 Long-Term Incentive Plan, which raises the shares available for issuance by 6.0 million to about 12.0 million and extends the plan's term by about 3 years. Stockholders also elected four directors, ratified Deloitte & Touche LLP as auditor for 2026, and the company declared a quarterly dividend of $0.10 per share.
Plan amendment approved with 210,657,795 votes for and 6,302,036 against in total voting power
Available shares under the 2023 plan rise from about 6.0 million to about 12.0 million; term extended about 3 years
Quarterly dividend of $0.10 per share payable June 29, 2026 to holders of record on June 18, 2026
Four directors elected to hold office until the 2029 annual meeting; Deloitte & Touche LLP ratified for 2026
Vishay Intertechnology reported first-quarter 2026 results for the fiscal quarter ended April 4, 2026, with revenue of $839.2 million, up from $715.2 million in the year-earlier quarter, and GAAP diluted EPS of $0.05 versus a loss of $0.03 a year earlier. The company guided second-quarter 2026 revenue to $875 million to $905 million with a gross margin of 22.0% plus or minus 50 basis points.
Q1 2026 net revenues were $839.2 million, compared with $715.2 million in the quarter ended March 29, 2025, and $800.9 million in the quarter ended December 31, 2025.
Q1 2026 GAAP diluted EPS was $0.05, compared with a loss of $0.03 a year earlier; gross margin was 21.0%.
Q2 2026 outlook: revenues of $875 million to $905 million and a gross profit margin of 22.0% plus or minus 50 basis points.
Q1 2026 book-to-bill was 1.34; backlog at quarter end was 5.7 months. Free cash was negative $46.9 million, against $54.9 million in the prior quarter.
On February 25, 2026, Vishay's Compensation Committee set 2026 base salaries for seven officers, including CEO Marc Zandman at approximately $1,360,000. It also raised the minimum target annual cash bonus for Michael O'Sullivan and David Tomlinson to 55%, while other bonus minimums were unchanged. The routine compensation update reports no change to reported financial results.
CEO Marc Zandman's 2026 base salary is ILS 4,700,211, approximately $1,360,000, paid in Israeli shekels
Joel Smejkal's 2026 base salary is $1,060,488, the second-highest listed
Minimum target annual cash bonus raised to 55% for Michael O'Sullivan and David Tomlinson, effective 2026
Salaries were set by the Compensation Committee at a meeting on February 25, 2026
Vishay Intertechnology reported fourth-quarter and full-year 2025 results and gave a first-quarter 2026 revenue outlook of $800 million to $830 million. Q4 revenue of $800.9 million compared with $714.7 million a year earlier, and GAAP EPS was $0.01 versus a loss of $0.49 per share, which included a goodwill impairment. The company still posted a full-year 2025 net loss of $9.0 million, though that was smaller than the $31.2 million loss in 2024.
Q4 2025 revenue $800.9 million, up from $714.7 million in Q4 2024 and $790.6 million in Q3 2025
Q4 2025 gross margin 19.6%, including a negative impact of about 130 basis points related to Newport
Full-year 2025 revenue $3.07 billion versus $2.94 billion in 2024; full-year GAAP diluted loss of $0.07 per share versus $0.23
1Q 2026 outlook: revenue of $800 million to $830 million and gross margin of 19.9% +/- 50 basis points
Vishay Intertechnology reported fiscal third-quarter 2025 revenue of $790.6 million, up from $762.3 million in the prior quarter and $735.4 million a year earlier. The company posted a GAAP loss of $0.06 per share, which included a $13.7 million charge tied to changes in tax laws, while adjusted EPS was $0.04. Management expects fourth-quarter revenue of $790 million, plus or minus $20 million.
Net revenues of $790.6 million, compared with $762.3 million in the June 28, 2025 quarter and $735.4 million in the September 28, 2024 quarter.
GAAP loss per share of $(0.06), compared with earnings of $0.01 in the prior quarter and a loss of $(0.14) a year earlier; adjusted EPS was $0.04.
Gross margin of 19.5%, including a negative impact of about 150 basis points related to Newport, versus 20.5% a year earlier.
Fourth-quarter 2025 outlook: revenue of $790 million plus or minus $20 million and gross margin of 19.5% plus or minus 50 basis points.
Vishay reported fiscal second-quarter 2025 revenue of $762.3 million, up from $741.2 million a year earlier and up 7% sequentially, but GAAP earnings per share fell to $0.01 from $0.17. Adjusted loss per share was $(0.07) after excluding an $11.3 million benefit from a favorable contingency resolution. The company guided third-quarter revenue to $775 million, plus or minus $20 million.
Q2 2025 revenue $762.3 million vs $741.2 million in Q2 2024; gross margin 19.5% vs 22.0%
GAAP diluted EPS $0.01 vs $0.17 a year earlier; adjusted loss per diluted share $(0.07)
Q3 2025 outlook: revenue of $775 million, plus or minus $20 million; gross margin 19.7%, plus or minus 50 basis points
Vishay Intertechnology reported a fiscal first quarter 2025 net loss of $4.1 million, or $0.03 per share, compared with net earnings of $30.9 million, or $0.22 per share, a year earlier. Revenue was $715.2 million, down from $746.3 million in the same quarter of 2024, and gross margin fell to 19.0% from 22.8%. The company guided second quarter 2025 revenue to $760 million, plus or minus $20 million, which it said includes the anticipated effect of tariffs.
Q1 2025 revenue of $715.2 million, versus $746.3 million for the quarter ended March 30, 2024
Net loss of $4.1 million, or $0.03 per diluted share, versus earnings of $0.22 per diluted share a year earlier
Gross margin of 19.0%, including a negative impact of approximately 200 basis points from the addition of Newport
Second quarter 2025 guidance: revenue of $760 million, plus or minus $20 million, and gross margin of 19.0%, plus or minus 50 basis points
Ziv Shoshani resigned from Vishay Intertechnology's board on February 26, 2025, effective before the May 20, 2025 annual meeting, to focus on his role as President and CEO of Vishay Precision Group. The company said the resignation did not stem from any disagreement over its operations, policies, or practices. The compensation committee also set 2025 base salaries for several officers and raised one officer's minimum target bonus to 75%.
Ziv Shoshani resigned from the board on February 26, 2025, effective before the May 20, 2025 annual meeting
Resignation was not due to a disagreement with the company on operations, policies, or practice
Marc Zandman's 2025 base salary is ILS 4,563,312 (approximately $1,230,000), paid in Israeli shekels
Peter Henrici's minimum target annual cash bonus rose to 75% beginning in 2025; other bonus minimums unchanged
Vishay reported fourth-quarter 2024 revenue of $714.7 million, down from $785.2 million a year earlier, and a GAAP loss of $0.49 per share. The company also recorded a non-cash $66.5 million charge to write off all goodwill in its MOSFETs reporting unit, which drove the full-year 2024 net loss attributable to stockholders of $31.2 million compared with earnings of $323.8 million in 2023.
Q4 2024 revenue was $714.7 million, down from $785.2 million in Q4 2023 and $735.4 million in Q3 2024.
Q4 2024 GAAP loss per share was $0.49; adjusted EPS was $0.00.
Full-year 2024 GAAP net loss attributable to stockholders was $31.2 million, versus earnings of $323.8 million in 2023.
For Q1 2025, management expects revenue of $710 million +/- $20 million and a gross margin of 19.0% +/- 50 basis points, including a 175-200 basis point negative impact related to Newport.
Vishay appointed Roy Shoshani, its Chief Technical Officer, as Executive Vice President and Chief Operating Officer of Semiconductors and Chief Technical Officer, effective January 13, 2025. The company also said Chief Operating Officer Jeff Webster's employment ended on January 13, 2025, with severance subject to a release of claims, and CEO Joel Smejkal will directly oversee the Passive Components function until a successor is named.
Roy Shoshani named EVP and COO of Semiconductors and CTO, effective January 13, 2025
Shoshani's base salary set at not less than $690,800 annually, effective January 1, 2025
Jeff Webster's employment ended January 13, 2025; severance is conditional on a release of claims
Joel Smejkal will directly oversee Passive Components until a successor is identified
Vishay reported fiscal third quarter 2024 results on November 6, 2024. Revenue fell from the prior quarter and year-earlier levels, and the company posted a GAAP loss of $0.14 per share after $40.6 million in restructuring and severance costs, with adjusted EPS of $0.08. For the fourth quarter, management expects revenue of $720 million, plus or minus $20 million, which is below the third-quarter level.
Q3 2024 revenue was $735.4 million, down from $741.2 million in Q2 2024 and $853.7 million in Q3 2023.
GAAP loss per share was $0.14, compared with GAAP earnings of $0.47 per share a year earlier; adjusted EPS was $0.08 versus $0.60.
Restructuring and severance costs totaled $40.6 million in the quarter, and gross margin fell to 20.5% from 27.8% a year earlier.
Q4 2024 outlook calls for revenue of $720 million, plus or minus $20 million, and gross margin of 20.0%, plus or minus 50 basis points.
Vishay Intertechnology said it is carrying out restructuring actions in phases to optimize its manufacturing footprint and streamline decision making under its Vishay 3.0 strategy. The company expects pre-tax cash charges of $38 million to $42 million, mostly in 3Q 2024, and at least $23 million in annualized cost savings once the program is fully implemented by the end of 2026.
Expected pre-tax cash charges of $38 million to $42 million, primarily severance, mostly in 3Q 2024
Three manufacturing facilities to close, including a Diodes back-end facility in Shanghai, China, by the end of 2026
Severance for about 170 SG&A employees and about 260 employees in manufacturing changes, with about 365 direct labor positions reduced
Annualized cost savings of at least $23 million by the end of 2026, with about $9 million immediate and about $12 million starting 1Q 2025
Vishay Intertechnology reported fiscal second-quarter 2024 revenue of $741.2 million, roughly flat from the prior quarter but down from $892.1 million a year earlier, and diluted EPS of $0.17 versus $0.68 a year earlier. Management said the industry recovery is taking longer than expected and guided third-quarter revenue to $745 million plus or minus $20 million, with gross margin of 21.0% plus or minus 50 basis points.
Q2 2024 revenue $741.2 million, versus $746.3 million in Q1 2024 and $892.1 million in Q2 2023; gross margin 22.0%, versus 28.9% a year earlier
Q2 2024 EPS $0.17, versus $0.22 in Q1 2024 and $0.68 in Q2 2023; quarterly free cash was negative $86.8 million
Q3 2024 outlook: revenue $745 million plus or minus $20 million; gross margin 21.0% plus or minus 50 basis points, including a 175 to 200 basis point drag from Newport
Itzehoe, Germany expansion timetable moved beyond 2024; 2024 capex now planned at $360 million to $390 million
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