Vishay Intertechnology, Inc. · NYSE:VSH
Vishay Intertechnology — 2026 Global JP Morgan Tech Conference
16 slides from Vishay Intertechnology's conference presentation, May 19, 2026
Slide 1: 2026 Global JP Morgan Tech Conference
2026 Global JP Morgan Tech Conference Joel Smejkal, President & CEO V I S H AY I N T E R T E C H N O L O G Y, I N C . May 19, 2026 © VISHAY INTERTECHNOLOGY, INC. ALL RIGHTS RESERVED.
Slide 2: Notes on Forward-Looking Statements
2 NOTES ON FORWARD-LOOKING STATEMENTS Comments in this presentation other than statements of historical fact may constitute forward-looking statements. Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,” “project,” “intend,” “could,” “should” or other sim
Slide 3: Vishay 3.0: A new company capitalizing on a very large customer base
Vishay 3.0: A new company capitalizing on a very large customer base. © VISHAY INTERTECHNOLOGY, INC. ALL RIGHTS RESERVED. 3
Slide 4: Hybrid Manufacturer of Discrete Semiconductors and Passive Components
Hybrid Manufacturer of Discrete Semiconductors and Passive Components In power applications, we can supply ~80% DISCRETE SEMICONDUCTORS P AS S I V E C O M P O N E N T S L O W E S T V O L T AG E D I O D E H I G H E S T E N E R G Y C AP A C I T O R of our customers’ bill of material © VISHAY INTERTECH
Slide 5: Revenue by End Market – Q1 2026
Revenue by End Market – Q1 2026 5 INDUSTRIAL + 7% QoQ + 22% YoY AUTOMOTIVE + 3% QoQ + 11% YoY 5% 5% 5% 11% 10% 11% ▸ Broad based demand growth ▸ OEM demand in the Americas and Europe, ▸ In the Americas, customers ramping up reflecting hybrid and EV program starts 16% 14% 15% production for projects
Slide 6: Revenue by Channel – Q1 2026
Revenue by Channel – Q1 2026 6 7% 6% 7% DISTRIBUTION + 2% QoQ + 19% YoY OEM + 7% QoQ + 14% YoY 38% 37% 39% ▸ POS up 10.7% QoQ and 24.9% YoY ▸ Strong demand from automotive, ▸ Sales reflect increased consumption and aerospace/defense and medical in the some inventory replenishment Americas ▸ Inventor
Slide 7: Revenue by Region – Q1 2026
Revenue by Region – Q1 2026 EUROPE + 15% QoQ + 16% YoY ASIA - 5% QoQ + 18% YoY 25% 24% 24% ▸ Strongest revenue growth, reflecting ▸ Sales decline due to Lunar New Year recovery in industrial segments, and shipments pulled into Q4 partially particularly renewable energy and factory offset by strong A
Slide 8: Highlights – Q1 2026
Highlights – Q1 2026 TOTAL REVENUES ($M) 1Q 2026 REVENUES 1Q 2026 BOOK-TO-BILL 900 890 $839.2 M 1.34 850 839 801 1.47 FOR SEMICONDUCTORS 800 791 GROSS MARGIN 762 21.0% 1.23 FOR PASSIVE COMPONENTS 750 715 700 650 EPS BACKLOG AT QUARTER END $0.05 600 5.7 months 550 500 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 Gu
Slide 9: Vishay 3.0: A Transforming Company
Vishay 3.0: A Transforming Company VISHAY 2.0 VISHAY 3.0 ▸ Cash stockpiling ▸ Revenue growth and margin expansion ▸ Fill orders with limited capacity ▸ “Think Customer First” and “Business Minded” ▸ Internally focused ▸ Reengage lost and underserved customers ▸ Focus on a small set of strategic OEM
Slide 10: Strategic Growth Levers Driving Transformation
Strategic Growth Levers Driving Transformation SERVED MARKETS Internal Capacity Enhanced Expansion Channel Management External Capacity Expansion Broaden Innovation our Portfolio Optimizing Global Vishay Solutions Manufacturing Footprint Increased M&A Technical Headcount © VISHAY INTERTECHNOLOGY, IN
Slide 11: Customers & Markets: Capacity Expansion and Customer Engagement
►ACCELERATING REVENUE GROWTH ► EXPANDING MARGINS ► ENHANCING RETURNS Customers & Markets ▸Capacity Expansion ▸Intense customer engagement ▸$0.9 billion capex 2023-2025, ▸Re-engaged with existing customers while 70% in capacity expansion extending customer base ▸$400-$440 million planned for 2026, ▸D
Slide 12: Gross Margin Progression: Making Semiconductors a Priority
Gross Margin Progression Making Semiconductors a priority • Fill Newport fab • Efficiencies due to increased utilization rate • Ramp advanced MOSFET technologies at Newport Campus Wales, UK multiple foundries • Increase sales to AI • Ramp 12” fab in Itzehoe, Germany • Enabling increased capacity whi
Slide 13: Gross Margin Progression: Volume and Product Management
Gross Margin Progression Increase volume plus proper product management ▸Optimize manufacturing footprint ▸Single sites => campuses ▸Including semi backend Newport Campus Wales, UK ▸Volume efficiencies due to market share gain ▸Channel and product management (ASP, subcon, …) ▸Internal cost saving an
Slide 14: Driving Innovation
Driving Innovation Strengthening Vishay’s technical, customer-facing organization Adopting a solution-oriented, application-driven approach, reference designs Advancing power solutions through IC controllers and drivers coupled with discrete and advanced packaging Broadening advanced compoun
Slide 15: Investor Day 2024 Financial Goals 2028
Investor Day 2024 Financial Goals 2028 T O TA L R E V E N U E GROSS MARGIN O P E R AT I N G M A R G I N 2023 2023 2023 $3.4B CAGR 28.6% 14.3% 9-11% 31–33% 19–21% ADJ. EBITDA MARGIN ROIC C A P I TA L I N T E N S I T Y 2023 2023 2023 19.5% 11.2% 9.7% 25–27% ≥14% 6–7% © VISHAY INTERTECHNOLOGY, INC. ALL
Slide 16: Our highest priorities, to accelerate POS and maximize GM%
Our highest priorities, to accelerate POS and maximize GM%. © VISHAY INTERTECHNOLOGY, INC. ALL RIGHTS RESERVED. 16
Vishay Intertechnology — 2026 Global JP Morgan Tech Conference on 6ix