威世科技 2026年季度报告

(Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended ☐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) 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 90 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 preceding 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 the Accelerated filer☐Smaller reporting company☐ Large Accelerated Filer☒Non-accelerated filer☐ 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 to 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. VISHAY INTERTECHNOLOGY, INC.FORM 10-Q Page 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 VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Balance Sheets (continued)(Unaudited - In thousands) VISHAY INTERTECHNOLOGY, INC.Consolidated Condensed Statements of Cash Flows(Unaudited - In thousands) NOTES TO THE CONSOLIDATED CONDENSED FINANCIAL STATEMENTS(dollars in thousands, except per share amounts) Note 1 – Basis of Presentation The accompanying unaudited consolidated condensed financial statements of Vishay Intertechnology, Inc.(“Vishay” or the “Company”) have been prepared in accordance with the instructions to Form 10-Q andtherefore do not include all information and footnotes necessary for presentation of financial position, results ofoperations, and cash flows required by accounting principles generally accepted in the United States (“GAAP”)for complete financial statements. The information furnished reflects all normal recurring adjustments whichare, in the opinion of management, necessary for a fair summary of the financial position, results of operations, The Company reports interim financial information for 13-week periods beginning on a Sunday and ending on aSaturday, except for the first fiscal quarter, which always begins on January 1, and the fourth fiscal quarter,which always ends on December 31.The four fiscal quarters in 2026 end on April 4, 2026, July 4, 2026,October 3, 2026, and December 31, 2026, respectively.The four fiscal quarters in 2025 ended on March 29, Accounts Receivable The Company sells certain of its non-U.S. accounts receivable on a non-recourse basis to third-party financialinstitutions.These transactions are recognized as sales of receivables because effective control over, and riskrelated to, the receivables is transferred to the buyers.The Company had $125,324 and $62,175 outstanding onits revolving accounts receiva