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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and VISHAY INTERTECHNOLOGY INC (VSH). Click either name above to swap in a different company.

BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $800.9M, roughly 1.2× VISHAY INTERTECHNOLOGY INC). BOYD GAMING CORP runs the higher net margin — 10.5% vs 0.1%, a 10.3% gap on every dollar of revenue. On growth, VISHAY INTERTECHNOLOGY INC posted the faster year-over-year revenue change (12.1% vs 0.6%). Over the past eight quarters, VISHAY INTERTECHNOLOGY INC's revenue compounded faster (3.6% CAGR vs 1.5%).

Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.

Vishay Intertechnology, Inc. is an American manufacturer of discrete semiconductors and passive electronic components founded by Polish-born businessman Felix Zandman. Vishay has manufacturing plants in Israel, Asia, Europe, and the Americas where it produces rectifiers, diodes, MOSFETs, optoelectronics, selected integrated circuits, resistors, capacitors, and inductors. Vishay Intertechnology revenues for 2024 were $2.9 billion. At the end of 2024, Vishay had approximately 22,700 full-time e...

BYD vs VSH — Head-to-Head

Bigger by revenue
BYD
BYD
1.2× larger
BYD
$997.4M
$800.9M
VSH
Growing faster (revenue YoY)
VSH
VSH
+11.5% gap
VSH
12.1%
0.6%
BYD
Higher net margin
BYD
BYD
10.3% more per $
BYD
10.5%
0.1%
VSH
Faster 2-yr revenue CAGR
VSH
VSH
Annualised
VSH
3.6%
1.5%
BYD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BYD
BYD
VSH
VSH
Revenue
$997.4M
$800.9M
Net Profit
$104.3M
$986.0K
Gross Margin
19.6%
Operating Margin
16.4%
1.8%
Net Margin
10.5%
0.1%
Revenue YoY
0.6%
12.1%
Net Profit YoY
-5.9%
101.5%
EPS (diluted)
$1.37
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BYD
BYD
VSH
VSH
Q1 26
$997.4M
Q4 25
$1.1B
$800.9M
Q3 25
$1.0B
$790.6M
Q2 25
$1.0B
$762.3M
Q1 25
$991.6M
$715.2M
Q4 24
$1.0B
$714.7M
Q3 24
$961.2M
$735.4M
Q2 24
$967.5M
$741.2M
Net Profit
BYD
BYD
VSH
VSH
Q1 26
$104.3M
Q4 25
$140.4M
$986.0K
Q3 25
$1.4B
$-7.9M
Q2 25
$151.5M
$2.0M
Q1 25
$111.4M
$-4.1M
Q4 24
$170.5M
$-66.1M
Q3 24
$131.1M
$-19.3M
Q2 24
$139.8M
$23.5M
Gross Margin
BYD
BYD
VSH
VSH
Q1 26
Q4 25
19.6%
Q3 25
19.5%
Q2 25
19.5%
Q1 25
19.0%
Q4 24
19.9%
Q3 24
20.5%
Q2 24
22.0%
Operating Margin
BYD
BYD
VSH
VSH
Q1 26
16.4%
Q4 25
15.7%
1.8%
Q3 25
13.9%
2.4%
Q2 25
23.4%
2.9%
Q1 25
20.2%
0.1%
Q4 24
25.1%
-7.9%
Q3 24
22.9%
-2.5%
Q2 24
23.5%
5.1%
Net Margin
BYD
BYD
VSH
VSH
Q1 26
10.5%
Q4 25
13.2%
0.1%
Q3 25
143.4%
-1.0%
Q2 25
14.6%
0.3%
Q1 25
11.2%
-0.6%
Q4 24
16.4%
-9.2%
Q3 24
13.6%
-2.6%
Q2 24
14.5%
3.2%
EPS (diluted)
BYD
BYD
VSH
VSH
Q1 26
$1.37
Q4 25
$1.60
$0.01
Q3 25
$17.81
$-0.06
Q2 25
$1.84
$0.01
Q1 25
$1.31
$-0.03
Q4 24
$1.89
$-0.48
Q3 24
$1.43
$-0.14
Q2 24
$1.47
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYD
BYD
VSH
VSH
Cash + ST InvestmentsLiquidity on hand
$515.0M
Total DebtLower is stronger
$950.9M
Stockholders' EquityBook value
$2.1B
Total Assets
$4.2B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$353.4M
$515.0M
Q3 25
$319.1M
$443.9M
Q2 25
$320.1M
$473.9M
Q1 25
$311.5M
$609.4M
Q4 24
$316.7M
$590.3M
Q3 24
$286.3M
$643.8M
Q2 24
$280.8M
$672.7M
Total Debt
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$950.9M
Q3 25
$919.7M
Q2 25
$3.6B
$914.5M
Q1 25
$3.5B
$988.2M
Q4 24
$3.2B
$905.0M
Q3 24
$3.1B
$820.8M
Q2 24
$3.0B
$820.6M
Stockholders' Equity
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$2.6B
$2.1B
Q3 25
$2.7B
$2.1B
Q2 25
$1.4B
$2.1B
Q1 25
$1.3B
$2.0B
Q4 24
$1.6B
$2.0B
Q3 24
$1.6B
$2.2B
Q2 24
$1.7B
$2.2B
Total Assets
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$6.6B
$4.2B
Q3 25
$6.5B
$4.2B
Q2 25
$6.6B
$4.2B
Q1 25
$6.5B
$4.2B
Q4 24
$6.4B
$4.1B
Q3 24
$6.3B
$4.2B
Q2 24
$6.3B
$4.2B
Debt / Equity
BYD
BYD
VSH
VSH
Q1 26
Q4 25
0.46×
Q3 25
0.44×
Q2 25
2.56×
0.44×
Q1 25
2.61×
0.49×
Q4 24
2.01×
0.45×
Q3 24
1.88×
0.38×
Q2 24
1.73×
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYD
BYD
VSH
VSH
Operating Cash FlowLast quarter
$149.4M
Free Cash FlowOCF − Capex
$54.6M
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
11.8%
Cash ConversionOCF / Net Profit
151.48×
TTM Free Cash FlowTrailing 4 quarters
$-89.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$275.3M
$149.4M
Q3 25
$240.0M
$27.6M
Q2 25
$205.0M
$-8.8M
Q1 25
$256.4M
$16.1M
Q4 24
$262.1M
$67.7M
Q3 24
$231.2M
$50.6M
Q2 24
$213.1M
$-24.7M
Free Cash Flow
BYD
BYD
VSH
VSH
Q1 26
Q4 25
$127.0M
$54.6M
Q3 25
$94.4M
$-24.7M
Q2 25
$80.6M
$-73.4M
Q1 25
$86.5M
$-45.5M
Q4 24
$150.9M
$-77.2M
Q3 24
$146.0M
$-9.0M
Q2 24
$98.7M
$-87.3M
FCF Margin
BYD
BYD
VSH
VSH
Q1 26
Q4 25
12.0%
6.8%
Q3 25
9.4%
-3.1%
Q2 25
7.8%
-9.6%
Q1 25
8.7%
-6.4%
Q4 24
14.5%
-10.8%
Q3 24
15.2%
-1.2%
Q2 24
10.2%
-11.8%
Capex Intensity
BYD
BYD
VSH
VSH
Q1 26
Q4 25
14.0%
11.8%
Q3 25
14.5%
6.6%
Q2 25
12.0%
8.5%
Q1 25
17.1%
8.6%
Q4 24
10.7%
20.3%
Q3 24
8.9%
8.1%
Q2 24
11.8%
8.4%
Cash Conversion
BYD
BYD
VSH
VSH
Q1 26
Q4 25
1.96×
151.48×
Q3 25
0.17×
Q2 25
1.35×
-4.39×
Q1 25
2.30×
Q4 24
1.54×
Q3 24
1.76×
Q2 24
1.52×
-1.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYD
BYD

Gaming$650.5M65%
Online reimbursements$135.4M14%
Food & beverage$75.8M8%
Other$63.5M6%
Room$45.9M5%
Management fee$26.2M3%

VSH
VSH

Resistors Segment$189.4M24%
Diodes Segment$154.2M19%
Capacitors Segment$136.5M17%
Other$126.4M16%
Inductors Segment$92.6M12%
Optoelectronic Components Segment$55.7M7%
EMS Companies$51.6M6%

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