GlobeNewswire·May 12, 2026, 6:15 AM ET

VPG Reports Fiscal 2026 First Quarter Results; Orders Exceed $100 million and Revenue Grew Sequentially and Year-over-Year

VPG

Vishay Precision Group, Inc. reported fiscal 2026 first quarter net revenues of $84.4 million, a 17.6% increase year-over-year.
Gross profit margin reached 39.0%, up from 37.7% in the prior year period.
The company recorded a diluted net loss per share of $0.02, improving from a loss of $0.07 per share in the same period last year.
Adjusted diluted net earnings per share remained flat at $0.07 compared to the prior year.
Adjusted EBITDA was $5.9 million with a margin of 7.0%.
Total bookings for the quarter were $102.1 million, a 25.5% sequential increase, driven by a 29.0% rise in the Sensors segment.
The consolidated book-to-bill ratio was 1.21, with all three segments reporting ratios exceeding 1.0.
The Sensors segment generated $33.3 million in revenue (up 23.1% year-over-year) with a 1.36 book-to-bill ratio.
The Weighing Solutions segment reported $30.2 million in revenue (up 14.4% year-over-year) with a 1.09 book-to-bill ratio.
The Measurement Systems segment generated $20.8 million in revenue (up 14.0% year-over-year) with a 1.15 book-to-bill ratio.
Orders in the humanoid robotics sector totaled $1.0 million in the first quarter, with engineering discussions underway for a fourth developer.
Management expects second fiscal quarter 2026 net revenues to range between $85 million and $90 million at constant exchange rates.
The company revised its non-GAAP financial measures to exclude share-based compensation expense starting in fiscal 2026.
Cash and cash equivalents ended the quarter at $82.5 million, down from $87.4 million at the start of the period.
Capital expenditures for the quarter were $3.1 million, resulting in adjusted free cash flow of $(0.6) million.