Filing Flows › Vishay Intertechnology (VSH) › Q1 2025
Vishay Intertechnology (VSH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Vishay Intertechnology (VSH) reported revenue of $715M for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.1% from the quarter before. Operating margin was 0.1%, net loss $4.1M (0.6% of revenue).
Vishay Intertechnology, Q1 2025: revenue $715M (-4% year over year), operating margin 0.1%, net loss $4.1M, operating cash flow $16.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $715M | +0.1% | -4% |
| Operating profit | $815K | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | $16.1M | -76% | -80% |
What changed
Revenue was $715.2M in Q1 2025, down 4% year over year and roughly flat from the previous quarter. Resistors was the largest line at 25% of revenue. MOSFETs lost $11.1M year over year (down 7%), 36% of the total change.
Gross margin was 19.0%, down 3.9 points from a year earlier. Operating profit was $815K, a 0.1% margin (down 5.6 points year over year). Operating expenses grew 5% against a revenue fall of 4%. The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $66.1M loss. Net interest and other expense of $5.0M was the main reason.
Operating cash flow was $16.1M (down 80% year over year). Non-cash charges added back $53.8M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items used $39.6M. Capital expenditures of $61.6M exceeded it, leaving free cash flow of −$45.5M.
Questions
What was Vishay Intertechnology's revenue in the first quarter 2025?
Vishay Intertechnology (VSH) reported revenue of $715M for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.1% from the quarter before.
Was Vishay Intertechnology profitable in the first quarter 2025?
Operating profit was $815K (0.1% of revenue) and net loss $4.1M.