Earnings Releases·Nov 4, 2026, 6:33 AM ET

Vishay Precision Group — Third Quarter 2026 Earnings Summary

GAAP net revenues were $85.1 million (adjusted $87.4 million), while diluted EPS fell to $0.04 from $0.59 year-over-year; adjusted EPS was $0.14 versus $0.30, with nine-month adjusted net earnings declining to $3.3 million from $7.4 million.
Profitability metrics contracted significantly, with adjusted operating margin dropping to 4.9% from 6.9% and adjusted EBITDA margin falling to 9.4% from 12.1%, driven by unfavorable currency exchange rates, higher manufacturing costs, and product mix shifts.
Fourth-quarter 2026 revenue guidance is set between $84 million and $91 million at constant exchange rates, excluding tariff refunds, while management anticipates revenue momentum into 2027 supported by strong order activity and a growing backlog.
The Sensors segment posted record bookings of $51.7 million with a 1.35 book-to-bill ratio, and all three reporting segments achieved book-to-bill ratios of 1.0 or higher, signaling an eighth consecutive quarter of consolidated strength.
Cost savings initiatives remain on pace to deliver $6 million in savings for 2026, and the company is preparing for a humanoid robot production ramp-up aligned with customer schedules.