Filing Flows › Vishay Intertechnology (VSH) › Q2 2025
Vishay Intertechnology (VSH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Vishay Intertechnology (VSH) reported revenue of $762M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +7% from the quarter before. Operating margin was 2.9%, net earnings $2.0M (0.3% of revenue).
Vishay Intertechnology, Q2 2025: revenue $762M (+3% year over year), operating margin 2.9%, net earnings $2.0M, operating cash flow −$8.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $762M | +7% | +3% |
| Gross profit | $149M | +10% | -9% |
| Operating profit | $22.1M | 27× | -42% |
| Net earnings | $2.0M | — | -92% |
| Operating cash flow | −$8.8M | -155% | — |
What changed
Revenue was $762.2M in Q2 2025, up 3% year over year and up 7% from the previous quarter. Resistors was the largest line at 26% of revenue. Resistors added $15.3M year over year (up 9%), 73% of the total change. MOSFETs declined 4%.
Gross margin was 19.5%, down 2.5 points from a year earlier. Operating profit was $22.1M, a 2.9% margin (down 2.2 points year over year). Operating profit fell $15.8M even though revenue rose $21.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 1% against revenue growth of 3%. Net earnings were $2.0M, down 91% year over year. The effective tax rate was 83.7%.
Operating cash flow was −$8.8M. Non-cash charges added back $56.0M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $72.5M. Capital expenditures of $64.6M exceeded it, leaving free cash flow of −$73.4M.
Questions
What was Vishay Intertechnology's revenue in the second quarter 2025?
Vishay Intertechnology (VSH) reported revenue of $762M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +7% from the quarter before.
Was Vishay Intertechnology profitable in the second quarter 2025?
Operating profit was $22.1M (2.9% of revenue) and net earnings $2.0M.