v3.26.3
Segments and Revenue (Tables)
 9 Months Ended
Oct. 02, 2026
Segment Reporting [Abstract]  
Schedule of Revenues and Gross Profit From Reportable Segments
Revenue and gross profit for the operating and reportable segments were as follows (in millions):
PSGAMGISGTotal
For the quarter ended October 2, 2026:
Revenue from external customers$889.9 $597.3 $235.1 $1,722.3 
Cost of revenue550.2 297.6 161.5 1,009.3 
Segment gross profit$339.7 $299.7 $73.6 $713.0 
For the quarter ended October 3, 2025:
Revenue from external customers$737.6 $583.3 $230.0 $1,550.9 
Cost of revenue527.4 287.2 149.1 963.7 
Segment gross profit$210.2 $296.1 $80.9 $587.2 
For the nine months ended October 2, 2026:
Revenue from external customers$2,455.5 $1,683.4 $700.2 $4,839.1 
Cost of revenue1,685.1 802.9 438.7 2,926.7 
Segment gross profit$770.4 $880.5 $261.5 $1,912.4 
For the nine months ended October 3, 2025:
Revenue from external customers$2,080.9 $1,705.6 $678.8 $4,465.3 
Cost of revenue1,566.7 826.8 638.9 3,032.4 
Segment gross profit$514.2 $878.8 $39.9 $1,432.9 
Schedule of Disaggregation of Revenue
Revenue for the operating and reportable segments disaggregated into geographic locations based on sales billed from the respective country and sales channel was as follows (in millions):
Quarter Ended October 2, 2026
PSGAMGISGTotal
Geographic Location:
Hong Kong$308.3 $203.7 $55.8 $567.8 
Singapore267.0 143.2 26.7 436.9 
United Kingdom156.1 95.3 65.3 316.7 
United States127.5 124.3 42.5 294.3 
Other31.0 30.8 44.8 106.6 
Total$889.9 $597.3 $235.1 $1,722.3 
Sales Channel:
Distributors$598.5 $348.4 $111.7 $1,058.6 
Direct customers291.4 248.9 123.4 663.7 
Total$889.9 $597.3 $235.1 $1,722.3 
Nine Months Ended October 2, 2026
PSGAMGISGTotal
Geographic Location:
Hong Kong$773.6 $478.6 $128.7 $1,380.9 
Singapore665.8 389.4 90.3 1,145.5 
United Kingdom522.1 316.7 224.0 1,062.8 
United States382.9 406.1 102.4 891.4 
Other111.1 92.6 154.8 358.5 
Total$2,455.5 $1,683.4 $700.2 $4,839.1 
Sales Channel:
Distributors$1,575.3 $900.6 $346.2 $2,822.1 
Direct customers880.2 782.8 354.0 2,017.0 
Total$2,455.5 $1,683.4 $700.2 $4,839.1 
Quarter Ended October 3, 2025
PSGAMGISGTotal
Geographic Location:
Hong Kong$225.4 $161.1 $38.4 $424.9 
Singapore177.7 122.1 20.3 320.1 
United Kingdom135.2 104.3 75.5 315.0 
United States140.8 164.6 35.1 340.5 
Other58.5 31.2 60.7 150.4 
Total$737.6 $583.3 $230.0 $1,550.9 
Sales Channel:
Distributors$455.2 $322.0 $118.2 $895.4 
Direct customers282.4 261.3 111.8 655.5 
Total$737.6 $583.3 $230.0 $1,550.9 
Nine Months Ended October 3, 2025
PSGAMGISGTotal
Geographic Location:
Hong Kong$591.8 $462.4 $154.1 $1,208.3 
Singapore502.2 357.3 61.3 920.8 
United Kingdom446.1 329.6 234.2 1,009.9 
United States376.8 441.1 93.1 911.0 
Other164.0 115.2 136.1 415.3 
Total$2,080.9 $1,705.6 $678.8 $4,465.3 
Sales Channel:
Distributors$1,229.7 $901.4 $313.0 $2,444.1 
Direct customers851.2 804.2 365.8 2,021.2 
Total$2,080.9 $1,705.6 $678.8 $4,465.3 
Revenue disaggregated by end-markets and product technologies was as follows (in millions):
Quarters EndedNine Months Ended
October 2, 2026October 3, 2025October 2, 2026October 3, 2025
End-Markets:
Automotive$776.7 $787.3 $2,355.3 $2,282.4 
Industrial466.8 426.3 1,306.5 1,232.5 
AI data center180.2 65.6 413.2 179.0 
Other*298.6 271.7 764.1 771.4 
Total$1,722.3 $1,550.9 $4,839.1 $4,465.3 
* Other includes the end-markets of computing, consumer, networking, communications, etc.
Product Technologies:
Intelligent power$918.8 $792.8 $2,531.1 $2,243.1 
Intelligent sensing296.2 284.0 873.5 859.8 
Other507.3 474.1 1,434.5 1,362.4 
Total$1,722.3 $1,550.9 $4,839.1 $4,465.3 
Schedule of Contract with Customer, Contract Asset, Contract Liability, and Receivable
Contract assets and contract liabilities were as follows (in millions):
As of
October 2, 2026December 31, 2025
Contract assets included in:
Other current assets$41.7 $47.4 
Contract liabilities included in:
Accrued expenses and other current liabilities$40.8 $51.8 
Other long-term liabilities27.8 69.8 
Total$68.6 $121.6