VSH News & Events

Reports Q4 revenue $800.9M vs. $714.7M last year. "Fourth quarter financial results capped a year of steadily improving performance. Revenue was 1.3% higher than the third quarter, reflecting growing demand for a broad range of industrial and AI-related power applications, with growth in each channel, led by distribution. Orders for the quarter reached a three-year high and we ended the quarter with a book-to-bill of 1.20," said Joel Smejkal, president and CEO. "As a result, we enter 2026 ready to take off as we push our factories to maintain competitive lead times and win our customers' trust, push to outperform the market and push to advance our strategy to accelerate revenue growth, elevate profitability and enhance our return on capital."

For the first quarter of 2026, management expects revenues in the range of $800M and $830M and a gross profit margin in the range of 19.9% +/- 50 basis points, including the negative impact of approximately 50 to 75 basis points related to Newport.