Vishay Intertechnology Q4 Sales $736M, EPS $0.52 and Flat Q1 Outlook
Vishay Intertechnology reported Q4 net sales of $736 million, a 3% year-over-year decline, while non-GAAP EPS rose 6% to $0.52 per share driven by cost controls and improved product mix. The board declared a $0.14 quarterly dividend and forecast flat revenues for Q1 fiscal 2026.
1. Q4 Financial Results
Vishay Intertechnology delivered Q4 net sales of $736 million, down 3% year-over-year, reflecting softer demand in automotive and industrial end markets. Non-GAAP earnings improved to $0.52 per share, up 6%, as manufacturing efficiencies and product-mix optimization offset lower sales volumes.
2. Capital Allocation and Dividend
The company declared a $0.14 per share quarterly dividend, marking a 4% increase from the prior payout and underscoring Vishay’s commitment to shareholder returns. Cash flow generation remained solid, with operating cash flow of $128 million and free cash flow of $95 million for the quarter.
3. Q1 Fiscal 2026 Outlook
Management anticipates flat revenues in Q1, citing stable demand but ongoing supply-chain normalization. Non-GAAP EPS is projected in the range of $0.45 to $0.50, with gross margin expected to hold near Q4 levels as volume pressures and cost initiatives balance out.