Vishay Intertechnology Q2 revenue rises on strong demand across markets

Vishay Intertechnology

05/08/2026 12:25

Overview
US semiconductor component maker's fiscal Q2 revenue rose 16.6% yr/yr, slightly missing analyst expectations
Adjusted EPS for fiscal Q2 was $0.19
Revenue reduced by $30 mln in tariff refunds passed to customers, with no impact on gross profit

Outlook
Vishay expects Q3 2026 revenue between $945 mln and $975 mln
Company sees Q3 2026 gross profit margin at 24.0% +/- 50 basis points
Vishay says demand is strengthening across all end markets, channels and regions

Result Drivers
DEMAND ACROSS MARKETS - Co said strengthening demand across all end markets, channels and regions drove Q2 results
INCREASING CUSTOMER COUNT - Management said Q2 results were helped by supplying a growing number of customers
INDUSTRY UPCYCLE - Co said it is benefiting from an industry upcycle, outpacing industry growth

Company press release: ID:nGNX8hxBmq

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$888.58 mln
$895.06 mln (3 Analysts)
Q2 EPS
 
$0.19
 
Q2 Net earnings
 
$28.12 mln
 
Q2 Gross Margin
 
23.30%
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Vishay Intertechnology Inc is $40.00, about 3% above its August 4 closing price of $38.85
The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 43 three months ago

Reuters Recommended Reads
Aug 5 - Vishay Precision Q2 revenue slightly misses estimates on delayed shipments 
Aug 4 - Tower Semiconductor forecasts third-quarter revenue above estimates on AI chip demand
Aug 4 - Entegris Q2 sales beat on increased semiconductor demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)