Filing Flows › Vishay Intertechnology (VSH) › Q3 2026
Vishay Intertechnology (VSH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Vishay Intertechnology (VSH) reported revenue of $979M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +10% from the quarter before. Operating margin was 9.4%, net earnings $59.0M (6.0% of revenue).
Vishay Intertechnology, Q3 2026: revenue $979M (+24% year over year), operating margin 9.4%, net earnings $59.0M, operating cash flow $146M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $979M | +10% | +24% |
| Gross profit | $249M | +20% | +62% |
| Operating profit | $92.2M | +72% | +382% |
| Net earnings | $59.0M | +110% | — |
| Operating cash flow | $146M | +38% | +427% |
| Free cash flow | $98.2M | +867% | — |
What changed
Revenue was $978.9M in Q3 2026, up 24% year over year and up 10% from the previous quarter. Resistors was the largest line at 24% of revenue. Diodes added $48.0M year over year (up 32%), 25% of the total change.
Gross margin was 25.5%, up 6.0 points from Q3 2025. Operating profit was $92.2M, a 9.4% margin (up 7.0 points year over year). Of the extra revenue versus Q3 2025, 39% reached operating profit, above the 2% margin then. Operating expenses grew 17% against revenue growth of 24%. Net earnings were $59.0M. The effective tax rate was 32.4%.
Operating cash flow was $145.8M (up 427% year over year), 247% of net earnings. Non-cash charges added back $59.7M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items added $17.3M. Capital expenditures of $47.5M left free cash flow of $98.2M.
Questions
What was Vishay Intertechnology's revenue in the third quarter 2026?
Vishay Intertechnology (VSH) reported revenue of $979M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +10% from the quarter before.
Was Vishay Intertechnology profitable in the third quarter 2026?
Operating profit was $92.2M (9.4% of revenue) and net earnings $59.0M.