Exhibit 99.1



Vishay Intertechnology Reports Second Quarter 2025 Results

Malvern, PA, August 6, 2025 – Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal second quarter ended June 28, 2025.

Highlights
•
2Q 2025 revenues of $762.3 million
•
Gross margin was 19.5% and included the negative impact of approximately 160 basis points related to the addition of Newport
•
2Q 2025 EPS of $0.01
•
2Q 2025 Adjusted loss per share of $(0.07)
•
2Q 2025 book-to-bill of 1.02 with book-to-bill of 0.98 for semiconductors and 1.06 for passive components
•
Backlog at quarter end was 4.6 months

“The promising signals we saw emerging at the beginning of the year contributed to a 7% sequential increase in revenue for the second quarter.  We delivered growth for semis and passives, across each of our end markets, each region, and to distributors and EMS customers,” said Joel Smejkal, president and CEO.   “With market indicators remaining directionally positive, our investments in capacity expansion positions Vishay to be ready to participate more fully in the market upturn.”

3Q 2025 Outlook
For the third quarter of 2025, management expects revenues in the range of $775 million +/- $20 million and a gross profit margin in the range of 19.7% +/- 50 basis points, including the negative impact of approximately 160 to 185 basis points from the addition of Newport.

Conference Call
A conference call to discuss Vishay’s second quarter financial results is scheduled for Wednesday, August 6, 2025 at 9:00 a.m. ET. To participate in the live conference call, please pre-register here. Upon registering, you will be emailed a dial-in number, and unique PIN.

A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will be accessible directly from the Investor Relations section of the Vishay website at http://ir.vishay.com.

There will be a replay of the conference call available on the Investor Relations website approximately one hour following the call and will remain available for 30 days.






About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

This press release includes certain financial measures which are not recognized in accordance with U.S. generally accepted accounting principles ("GAAP"), including adjusted net earnings; adjusted earnings per share; adjusted gross margin; adjusted operating margin; free cash; earnings before interest, taxes, depreciation and amortization ("EBITDA"); adjusted EBITDA; and adjusted EBITDA margin; which are considered "non-GAAP financial measures" under the U.S. Securities and Exchange Commission rules. These non-GAAP measures supplement our GAAP measures of performance or liquidity and should not be viewed as an alternative to GAAP measures of performance or liquidity. Non-GAAP measures such as adjusted net earnings, adjusted earnings per share, adjusted gross margin, adjusted operating margin, free cash, EBITDA, adjusted EBITDA, and adjusted EBITDA margin do not have uniform definitions. These measures, as calculated by Vishay, may not be comparable to similarly titled measures used by other companies. Management believes that such measures are meaningful to investors because they provide insight with respect to intrinsic operating results of the Company. Although the terms "free cash" and "EBITDA" are not defined in GAAP, the measures are derived using various line items measured in accordance with GAAP. Reconciling items to arrive at adjusted net earnings represent significant charges or credits that are important to understanding the Company's intrinsic operations. Reconciling items to calculate adjusted gross margin, adjusted operating margin and adjusted EBITDA represent those same items used in computing adjusted net earnings, as relevant. Furthermore, the presented calculation of adjusted EBITDA is substantially similar to, but not identical to, a measure used in the calculation of financial ratios required for covenant compliance under Vishay's revolving credit facility. These reconciling items are indicated on the accompanying reconciliation schedules and are more fully described in the Company's financial statements presented in its annual report on Form 10-K and its quarterly reports presented on Forms 10-Q.

Statements contained herein that relate to the Company's future performance, including forecasted revenues and margins, capital investment, capacity expansion, stockholder returns, and the performance of the economy in general, are forward-looking statements within the safe harbor provisions of Private Securities Litigation Reform Act of 1995. Words and expressions such as “guide,” “will,” “expect,” “anticipate,” “committed” or other similar words or expressions often identify forward-looking statements. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions, many of which are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance, or achievements may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions; manufacturing or supply chain interruptions or changes in customer demand; delays or difficulties in implementing our cost reduction strategies; delays or difficulties in expanding our manufacturing capacities; an inability to attract and retain highly qualified personnel; changes in foreign currency exchange rates; uncertainty related to the effects of changes in foreign currency exchange rates; competition and technological changes in our industries; difficulties in new product development; difficulties in identifying suitable acquisition candidates, consummating a transaction on terms which we consider acceptable, and integration and performance of acquired businesses; changes in U.S. and foreign trade regulations and tariffs, and uncertainty regarding the same; changes in applicable domestic and foreign tax regulations, and uncertainty regarding the same; changes in applicable accounting standards and other factors affecting our operations that are set forth in our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K and our quarterly reports on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The DNA of tech™ is a trademark of Vishay Intertechnology.

Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300


VISHAY INTERTECHNOLOGY, INC.
                  
Summary of Operations
                  
(Unaudited - In thousands, except per share amounts)
                  
                   
   
Fiscal quarters ended
  
   
June 28, 2025
    
March 29, 2025
    
June 29, 2024
  
                   
Net revenues
  
$
762,250
    
$
715,236
    
$
741,239
  
Costs of products sold
    
613,567
      
579,682
      
578,369
  
Gross profit
    
148,683
      
135,554
      
162,870
  
  Gross margin
    
19.5
%
    
19.0
%
    
22.0
%
                         
Selling, general, and administrative expenses*
    
126,565
      
134,739
      
124,953
  
Operating income
    
22,118
      
815
      
37,917
  
  Operating margin
    
2.9
%
    
0.1
%
    
5.1
%
                         
Other income (expense):
                        
  Interest expense
    
(10,588
)
    
(8,790
)
    
(6,657
)
  Other
    
747
      
3,747
      
5,011
  
  Total other income (expense) - net
    
(9,841
)
    
(5,043
)
    
(1,646
)
                         
Income (loss) before taxes
    
12,277
      
(4,228
)
    
36,271
  
                         
Income tax expense (benefit)
    
10,273
      
(136
)
    
12,391
  
                         
Net earnings (loss)
    
2,004
      
(4,092
)
    
23,880
  
                         
Less: net earnings attributable to noncontrolling interests
    
-
      
-
      
347
  
                         
Net earnings (loss) attributable to Vishay stockholders
  
$
2,004
    
$
(4,092
)
  
$
23,533
  
                         
Basic earnings (loss) per share attributable to Vishay stockholders
  
$
0.01
    
$
(0.03
)
  
$
0.17
  
                         
Diluted earnings (loss) per share attributable to Vishay stockholders
  
$
0.01
    
$
(0.03
)
  
$
0.17
  
                         
Weighted average shares outstanding - basic
    
135,702
      
135,799
      
137,326
  
                         
Weighted average shares outstanding - diluted
    
136,167
      
135,799
      
138,084
  
                         
Cash dividends per share
  
$
0.10
    
$
0.10
    
$
0.10
  
                         
* Selling, general, and administrative expenses for the fiscal quarter ended June 28, 2025 include a ($11,293) benefit recognized upon the favorable resolution of a contingency.
  
VISHAY INTERTECHNOLOGY, INC.
            
Summary of Operations
            
(Unaudited - In thousands, except per share amounts)
            
             
   
Six fiscal months ended
  
   
June 28, 2025
    
June 29, 2024
  
             
             
Net revenues
  
$
1,477,486
    
$
1,487,518
  
Costs of products sold
    
1,193,249
      
1,154,241
  
Gross profit
    
284,237
      
333,277
  
  Gross margin
    
19.2
%
    
22.4
%
                 
Selling, general, and administrative expenses*
    
261,304
      
252,689
  
Operating income
    
22,933
      
80,588
  
  Operating margin
    
1.6
%
    
5.4
%
                 
Other income (expense):
                
  Interest expense
    
(19,378
)
    
(13,153
)
  Other
    
4,494
      
13,098
  
  Total other income (expense) - net
    
(14,884
)
    
(55
)
                 
Income before taxes
    
8,049
      
80,533
  
                 
Income tax expense
    
10,137
      
25,210
  
                 
Net earnings (loss)
    
(2,088
)
    
55,323
  
                 
Less: net earnings attributable to noncontrolling interests
    
-
      
866
  
                 
Net earnings (loss) attributable to Vishay stockholders
  
$
(2,088
)
  
$
54,457
  
                 
Basic earnings (loss) per share attributable to Vishay stockholders
  
$
(0.02
)
  
$
0.40
  
                 
Diluted earnings (loss) per share attributable to Vishay stockholders
  
$
(0.02
)
  
$
0.39
  
                 
Weighted average shares outstanding - basic
    
135,750
      
137,525
  
                 
Weighted average shares outstanding - diluted
    
135,750
      
138,279
  
                 
Cash dividends per share
  
$
0.20
    
$
0.20
  
                 
* Selling, general, and administrative expenses for the six fiscal months ended June 28, 2025 include a ($11,293) benefit recognized upon the favorable resolution of a contingency.
  
VISHAY INTERTECHNOLOGY, INC.
            
Consolidated Condensed Balance Sheets
            
(Unaudited - In thousands)
            
             
   
June 28, 2025
    
December 31, 2024
  
Assets
            
Current assets:
            
  Cash and cash equivalents
  
$
473,860
    
$
590,286
  
  Short-term investments
    
5,217
      
16,130
  
  Accounts receivable, net
    
461,809
      
401,901
  
  Inventories:
                
    Finished goods
    
192,393
      
175,176
  
    Work in process
    
326,575
      
296,393
  
    Raw materials
    
235,898
      
217,812
  
  Total inventories
    
754,866
      
689,381
  
                 
  Prepaid expenses and other current assets
    
216,330
      
217,809
  
Total current assets
    
1,912,082
      
1,915,507
  
                 
Property and equipment, at cost:
                
  Land
    
86,411
      
84,124
  
  Buildings and improvements
    
813,274
      
766,058
  
  Machinery and equipment
    
3,433,596
      
3,259,213
  
  Construction in progress
    
421,365
      
367,564
  
  Allowance for depreciation
    
(3,124,035
)
    
(2,931,221
)
     
1,630,611
      
1,545,738
  
                 
Right of use assets
    
122,554
      
117,953
  
Deferred income taxes
    
179,215
      
159,769
  
Goodwill
    
180,348
      
179,005
  
Other intangible assets, net
    
86,195
      
87,223
  
Other assets
    
110,650
      
105,501
  
     Total assets
  
$
4,221,655
    
$
4,110,696
  
VISHAY INTERTECHNOLOGY, INC.
           
Consolidated Condensed Balance Sheets (continued)
            
(Unaudited - In thousands)
            
             
   
June 28, 2025
    
December 31, 2024
  
             
Liabilities and equity
            
Current liabilities:
            
  Trade accounts payable
  
$
224,346
    
$
216,313
  
  Payroll and related expenses
    
176,553
      
137,101
  
  Lease liabilities
    
26,986
      
25,901
  
  Other accrued expenses
    
268,101
      
264,471
  
  Income taxes
    
11,308
      
64,562
  
Total current liabilities
    
707,294
      
708,348
  
                 
Long-term debt less current portion
    
914,504
      
905,019
  
Deferred income taxes
    
98,320
      
96,363
  
Long-term lease liabilities
    
98,970
      
94,218
  
Other liabilities
    
119,573
      
104,086
  
Accrued pension and other postretirement costs
    
188,003
      
173,700
  
Total liabilities
    
2,126,664
      
2,081,734
  
                 
Equity:
                
  Common stock
    
13,415
      
13,361
  
  Class B convertible common stock
    
1,210
      
1,210
  
  Capital in excess of par value
    
1,314,066
      
1,306,245
  
  Retained earnings
    
926,267
      
955,500
  
  Treasury stock (at cost)
    
(224,592
)
    
(212,062
)
  Accumulated other comprehensive income (loss)
    
64,625
      
(35,292
)
Total equity
    
2,094,991
      
2,028,962
  
Total liabilities and equity
  
$
4,221,655
    
$
4,110,696
  
VISHAY INTERTECHNOLOGY, INC.
            
Consolidated Condensed Statements of Cash Flows
            
(Unaudited - In thousands)
            
   
Six fiscal months ended
  
   
June 28, 2025
    
June 29, 2024
  
             
Operating activities
            
Net earnings (loss)
  
$
(2,088
)
  
$
55,323
  
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
                
      Depreciation and amortization
    
109,743
      
101,677
  
      (Gain)/loss on disposal of property and equipment
    
73
      
(1,091
)
      Inventory write-offs for obsolescence
    
17,456
      
19,051
  
      Stock compensation expense
    
11,736
      
9,293
  
      Deferred income taxes
    
(6,034
)
    
5,589
  
      Other
    
(3,606
)
    
(632
)
      Change in U.S. transition tax liability
    
(47,027
)
    
(37,622
)
      Change in repatriation tax liability
    
(9,375
)
    
(15,000
)
      Changes in operating assets and liabilities, net of effects of businesses acquired
    
(63,571
)
    
(81,107
)
Net cash provided by operating activities
    
7,307
      
55,481
  
                 
Investing activities
                
Capital expenditures
    
(126,167
)
    
(115,648
)
Proceeds from sale of property and equipment
    
494
      
1,265
  
Purchase of businesses, net of cash acquired
    
-
      
(200,185
)
Purchase of short-term investments
    
(28,481
)
    
(59,638
)
Maturity of short-term investments
    
39,400
      
80,110
  
Other investing activities
    
(661
)
    
(1,220
)
Net cash used in investing activities
    
(115,415
)
    
(295,316
)
                 
Financing activities
                
Principal payments on long-term debt
    
(41,911
)
    
-
  
Net proceeds on revolving credit facility
    
49,000
      
-
  
Dividends paid to common stockholders
    
(24,700
)
    
(25,033
)
Dividends paid to Class B common stockholders
    
(2,419
)
    
(2,419
)
Repurchase of common stock held in treasury
    
(12,538
)
    
(25,160
)
Cash withholding taxes paid when shares withheld for vested equity awards
    
(3,957
)
    
(4,058
)
Other financing activities
    
10,078
      
-
  
Net cash used in financing activities
    
(26,447
)
    
(56,670
)
Effect of exchange rate changes on cash and cash equivalents
    
18,129
      
(3,483
)
                 
Net decrease in cash and cash equivalents
    
(116,426
)
    
(299,988
)
                 
Cash and cash equivalents at beginning of period
    
590,286
      
972,719
  
Cash and cash equivalents at end of period
  
$
473,860
    
$
672,731
  
VISHAY INTERTECHNOLOGY, INC.
                              
Reconciliation of Adjusted Earnings Per Share
                              
(Unaudited - In thousands, except per share amounts)
                              
   
Fiscal quarters ended
    
Six fiscal months ended
  
   
June 28, 2025
    
March 29, 2025
    
June 29, 2024
    
June 28, 2025
    
June 29, 2024
  
                               
GAAP net earnings (loss) attributable to Vishay stockholders
  
$
2,004
    
$
(4,092
)
  
$
23,533
    
$
(2,088
)
  
$
54,457
  
                                         
Reconciling items affecting operating income:
                                        
Favorable resolution of contingency
  
$
(11,293
)
  
$
-
    
$
-
    
$
(11,293
)
  
$
-
  
                                         
Adjusted net earnings (loss)
  
$
(9,289
)
  
$
(4,092
)
  
$
23,533
    
$
(13,381
)
  
$
54,457
  
                                         
Adjusted weighted average diluted shares outstanding
    
135,702
      
135,799
      
138,084
      
135,750
      
138,279
  
                                         
Adjusted earnings (loss) per diluted share
  
$
(0.07
)
  
$
(0.03
)
  
$
0.17
    
$
(0.10
)
  
$
0.39
  
VISHAY INTERTECHNOLOGY, INC.
                              
Reconciliation of Free Cash
                              
(Unaudited - In thousands)
                              
   
Fiscal quarters ended
    
Six fiscal months ended
  
   
June 28, 2025
    
March 29, 2025
    
June 29, 2024
    
June 28, 2025
    
June 29, 2024
  
Net cash provided by (used in) operating activities
  
$
(8,791
)
  
$
16,098
    
$
(24,730
)
  
$
7,307
    
$
55,481
  
Proceeds from sale of property and equipment
  
$
215
      
279
      
514
      
494
      
1,265
  
Less: Capital expenditures
  
$
(64,598
)
    
(61,569
)
    
(62,564
)
    
(126,167
)
    
(115,648
)
Free cash
  
$
(73,174
)
  
$
(45,192
)
  
$
(86,780
)
  
$
(118,366
)
  
$
(58,902
)
VISHAY INTERTECHNOLOGY, INC.
                              
Reconciliation of EBITDA and Adjusted EBITDA
                              
(Unaudited - In thousands)
                              
   
Fiscal quarters ended
    
Six fiscal months ended
  
   
June 28, 2025
    
March 29, 2025
    
June 29, 2024
    
June 28, 2025
    
June 29, 2024
  
                               
GAAP net earnings (loss) attributable to Vishay stockholders
  
$
2,004
    
$
(4,092
)
  
$
23,533
    
$
(2,088
)
  
$
54,457
  
Net earnings attributable to noncontrolling interests
    
-
      
-
      
347
      
-
      
866
  
Net earnings (loss)
  
$
2,004
    
$
(4,092
)
  
$
23,880
    
$
(2,088
)
  
$
55,323
  
                                         
Interest expense
  
$
10,588
    
$
8,790
    
$
6,657
    
$
19,378
    
$
13,153
  
Interest income
    
(4,023
)
    
(3,877
)
    
(6,663
)
    
(7,900
)
    
(15,716
)
Income taxes
    
10,273
      
(136
)
    
12,391
      
10,137
      
25,210
  
Depreciation and amortization
    
55,970
      
53,773
      
52,150
      
109,743
      
101,677
  
EBITDA
  
$
74,812
    
$
54,458
    
$
88,415
    
$
129,270
    
$
179,647
  
                                         
Reconciling items
                                        
Favorable resolution of contingency
    
(11,293
)
    
-
      
-
      
(11,293
)
    
-
  
                                         
Adjusted EBITDA
  
$
63,519
    
$
54,458
    
$
88,415
    
$
117,977
    
$
179,647
  
                                         
Adjusted EBITDA margin**
    
8.3
%
    
7.6
%
    
11.9
%
    
8.0
%
    
12.1
%
                                         
** Adjusted EBITDA as a percentage of net revenues