Vishay Intertechnology reported second quarter 2026 adjusted revenue of $918.6 million and diluted EPS of $0.19, beating analyst estimates of $897.0 million and $0.15, respectively. The company issued third quarter revenue guidance of $945 million to $975 million, with a gross margin outlook of 24.0% plus or minus 50 basis points, signaling continued operational improvement.
Key Highlights
- Adjusted gross margin was 22.6%, exceeding the company's guidance of approximately 22.0% and indicating successful cost management.
- Demand momentum continued with a strong book-to-bill ratio of 1.32, building a backlog of 6.1 months at quarter-end.
- Third quarter guidance for revenue is set between $945 million and $975 million, with gross margin guided to expand further to a 24.0% midpoint.