威世科技 2026年季度报告

FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedApril 4, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from _______to_______ Commission File Number 011-07416 Vishay Intertechnology, Inc.(Exact name of registrant as specified in its charter) Delaware(State or Other Jurisdiction of Incorporation) 38-1686453(I.R.S. Employer Identification Number) 63 Lancaster AvenueMalvern, Pennsylvania19355-2143(Address of Principal Executive Offices) 610-644-1300(Registrant’s Area Code and Telephone Number) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File requiredto be submitted pursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding12 months (or for such shorter period that the registrant was required to submit such files.)☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company.See the definitions of “large acceleratedfiler,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of theExchange Act. Large Accelerated Filer☒Non-accelerated filer☐Emerging growth company☐ Accelerated filer☐Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant toSection 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).☐Yes☒No As of May 11, 2026 the registrant had 124,008,679 shares of its common stock and12,097,148 shares of itsClass B common stock outstanding. This page intentionally left blank. VISHAY INTERTECHNOLOGY, INC.FORM 10-QAPRIL 4, 2026CONTENTSPage NumberPART I.FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)Consolidated Condensed Balance Sheets – April 4, 2026 andDecember 31, 20254Consolidated Condensed Statements of Operations – FiscalQuarters Ended April 4, 2026 and March 29, 20256Consolidated Condensed Statements of Comprehensive Income –Fiscal Quarters Ended April 4, 2026 and March 29, 20257Consolidated Condensed Statements of Cash Flows – ThreeFiscal Months Ended April 4, 2026 and March 29, 20258Consolidated Condensed Statements of Equity9Notes to Consolidated Condensed Financial Statements10Item 2.Management’s Discussion and Analysis of Financial Conditionand Results of Operations21Item 3.Quantitative and Qualitative Disclosures About Market Risk39Item 4.Controls and Procedures39PART II.OTHER INFORMATIONItem 1.Legal Proceedings40Item 1A. Risk Factors40Item 2.Unregistered Sales of Equity Securities and Use of Proceeds40Item 3.Defaults Upon Senior Securities40Item 4.Mine Safety Disclosures40Item 5.Other Information40Item 6.Exhibits40SIGNATURES413 PART I- FINANCIAL INFORMATION VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Balance Sheets(Unaudited - In thousands) April 4,2026December31, 2025 VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Balance Sheets (continued) (Unaudited - In thousands) VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Statements of Operations(Unaudited - In thousands, except per share amounts) VISHAY INTERTECHNOLOGY, INC.Consolidated Statements of Comprehensive Income (Unaudited - In thousands) Fiscal quarters endedApril 4,2026March 29,2025Net earnings (loss)$7,164$(4,092)Other comprehensive income (loss), net of taxPension and other post-retirement actuarial items339302Foreign currency translation adjustment(14,712)30,902Other comprehensive income (loss)(14,373)31,204Comprehensive income (loss)$(7,209)$27,112See accompanying notes.7 VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Statements of Cash Flows (Unaudited - In thousands) Net earnings (loss)$7,164$(4,092)Adjustments to reconcile net earnings (loss) to net cash provided by operatingactivities:Depreciation and amortization58,21153,773(Gain) loss on disposal of property and equipment(41)189Inventory write-offs for obsolescence11,0659,030Deferred income taxes5411,573Stock compensation expense12,2736,051Other(1,476)(1,380)Net change in operating assets and liabilities(24,068)(49,046)Net cash provided by operating activities63,66916,098 NOTES TO THE CONSOLIDATED CONDENSED FINANCIAL STATEMENTS(dollars in t