Vishay Precision Group (VPG) Company Report

Vishay Precision Group (VPG) outlined long-term financial targets including low teens growth, 45% gross margin, 18% operating margin, and 22% EBITDA margin, which they aim to achieve with lower quarterly revenue levels due to operational improvements.
The company invested $53 million in capital between 2021 and 2023 to upgrade manufacturing, resulting in a more efficient operating platform and record gross margins in 2024 and Q3 2025 for the Weighing Solutions segment.
VPG is actively pursuing new growth opportunities, including providing torque and tactile sensors for humanoid robots, generating $3.6 million in prototype orders through Q3 2025, and developing advanced testing equipment for new ceramics.
New business initiatives generated $26 million in orders through Q3 2025, nearing its $30 million annual target, with these orders expected to convert to revenue in 2026, contributing to a positive outlook.

Dec 10, 2025, 3:00 PM

Transcript

Vishay Precision Group (VPG) Discusses 3-5 Year Targets and New Business Initiatives

VPG

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Vishay Precision Group (VPG) aims for low teens growth, 45% gross margin, 18% operating margin, and 22% EBITDA margin over the next 3-5 years, believing these targets are achievable at lower revenue levels due to operational efficiencies.
The company invested $53 million in capital between 2021 and 2023 to upgrade manufacturing, resulting in a record gross margin in 2024 and a record gross margin for the Weighing Solutions segment in Q3 2025.
New business initiatives have generated $26 million in orders through Q3 2025, nearing their $30 million target for 2025, with significant contributions from $3.6 million in humanoid robot prototype orders through Q3 2025.
VPG has achieved four consecutive quarters of book-to-bills over one as of Q3 2025, signaling an improving core business environment.
Future cash allocation priorities include capital improvements, cost reduction programs, and acquisitions, specifically targeting transactions with $75 million revenue or greater.

Dec 10, 2025, 3:00 PM

Transcript

Vishay Precision Group Discusses Growth Strategy and Operational Improvements

VPG

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Vishay Precision Group (VPG) is targeting low teens growth and long-term financial goals of 45% gross margin, 18% operating margin, and 22% EBITDA margin, which they believe are achievable at quarterly revenue levels of $90-$95 million.
The company reported a fourth consecutive quarter of book-to-bills over one and achieved a record gross margin in 2024 on a quarterly basis, with the Weighing Solutions segment reaching a record gross margin in Q3 2025.
VPG is pursuing new business initiatives with a target of $30 million in orders for 2025, having already booked $26 million through Q3 2025. Significant opportunities include humanoid robots, with $3.6 million in prototype orders through Q3 2025, and new ceramics testing platforms.
Operational efficiency has been enhanced through $53 million in capital investments between 2021 and 2023, leading to a more efficient operating platform capable of achieving attractive gross margins at lower revenue levels.
VPG maintains a net cash position and is actively seeking acquisitions of $75 million revenue or greater to support further growth.

Dec 10, 2025, 3:00 PM

Transcript

Vishay Precision Group Outlines Growth Strategy and Operational Achievements

VPG

New Projects/Investments

Guidance Update

Revenue Acceleration/Inflection

Vishay Precision Group (VPG) is targeting low teens business growth, achieved through a combination of organic and inorganic strategies, and aims for 45% gross margin, 18% operating margins, and 22% EBITDA margins, which it believes are attainable at lower quarterly revenue levels due to operational improvements.
The company invested $53 million in capital from 2021 through 2023 to upgrade manufacturing and enhance efficiency, resulting in a record gross margin in 2024 on a quarterly basis and a recent record for its Weighing Solutions segment.
VPG is actively pursuing new business development initiatives, having booked $26 million in orders through Q3 2025 against a $30 million annual target. Significant opportunities include $3.6 million in prototype orders for humanoid robots through Q3 2025 and new testing platforms for ceramics, with commercialization anticipated by the end of 2026.
The company reported a solid last quarter with year-over-year and sequential growth, marking its fourth consecutive quarter of book-to-bills over one.

Nov 20, 2025, 1:55 PM

Transcript

Vishay Precision Group (VPG) Discusses Growth Drivers and Operational Improvements

VPG

New Projects/Investments

Revenue Acceleration/Inflection

Guidance Update

Vishay Precision Group (VPG) outlined long-term financial targets of 45% gross margin, 18% operating margin, and 22% EBITDA margin, noting these are now achievable at lower quarterly revenue levels due to operational improvements.
The company invested $53 million in capital from 2021 through 2023 to upgrade manufacturing, which has led to a more efficient operating platform and the ability to achieve gross margins at lower revenue levels, including a record gross margin in 2024 on a quarterly basis and a record gross margin for its Weighing Solutions segment.
VPG is actively pursuing new growth areas, including humanoid robots, for which it booked $3.6 million in prototype orders through Q3 2025, and advanced ceramics testing, with commercialization anticipated by the end of 2026.
The company achieved its fourth consecutive quarter of book-to-bill over one and has booked $26 million towards a $30 million target for new business initiatives through Q3 2025.

Nov 20, 2025, 1:55 PM

Transcript

Vishay Precision Group Outlines Growth Strategy and Financial Targets

VPG

New Projects/Investments

Guidance Update

Revenue Acceleration/Inflection

Vishay Precision Group (VPG) operates in the $250 billion annual sensor market, providing high-performance solutions for diverse end markets such as industrial, test and measurement, and defense.
The company has established long-term financial targets of low-teens growth, 45% gross margin, 18% operating margin, and 22% EBITDA margin, which they believe are achievable at lower quarterly revenue levels due to operational improvements.
VPG is driving organic growth through new business development initiatives, including $3.6 million in orders for humanoid robot prototypes in 2025 through Q3, and the development of new ceramic testing platforms for defense and energy applications.
The company reported a solid recent quarter with year-over-year and sequential growth, achieving a record gross margin for its Weighing Solutions segment and four consecutive quarters of book-to-bill over one.

Nov 20, 2025, 1:55 PM

Transcript

VPG Reports Q3 2025 Financial Results

VPG

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

VPG's revenue for Q3 2025 reached $79.7 million, marking a 6.1% sequential increase.
Adjusted net earnings per diluted share for Q3 2025 were $0.26, an increase from $0.17 in Q2 2025.
The company generated Adjusted EBITDA of $9.2 million, representing 11.5% of revenue in Q3 2025.
VPG achieved a book-to-bill ratio of 1.00 in Q3 2025, which is the fourth consecutive quarter with a ratio of 1.00 or more.
Strategic actions included the sale of a building for $10.8 million and the addition of two new C-Suite positions to streamline operations and accelerate growth.

Nov 4, 2025, 2:00 PM

Presentation

VPG Reports Strong Q3 2025 Results and Provides Q4 Outlook

VPG

Earnings

Guidance Update

New Projects/Investments

VPG reported Q3 2025 revenue of $79.7 million, a 6.1% sequential increase, with an adjusted operating margin of 6.2% and generated $7.4 million in adjusted free cash flow.
The company provided Q4 2025 net revenue guidance in the range of $75 million to $81 million and maintained a consolidated book-to-bill of 1.0 for the fourth consecutive quarter.
VPG secured $3.6 million in year-to-date orders for humanoid projects and is on track to achieve $30 million in business development orders for 2025, while also expecting to realize $5 million in annualized cost reductions by year-end.
The company expanded its senior leadership team with the appointment of Yair Alkobie as Chief Business and Product Officer and Rafi Uzzan as Chief Operating Officer.

Nov 4, 2025, 2:00 PM

Transcript

VPG Reports Q3 2025 Financial Results and Provides Q4 Outlook

VPG

Earnings

Guidance Update

New Projects/Investments

VPG reported Q3 2025 revenue of $79.7 million, a 6.1% sequential increase, with an adjusted gross margin of 40.5% and adjusted diluted EPS of $0.26.
The company achieved a consolidated book-to-bill ratio of 1.0 for the fourth consecutive quarter.
VPG received $3.6 million in year-to-date orders related to humanoid robot projects and generated $26 million in business development orders through the first nine months of 2025, aiming for a $30 million goal.
$4 million of annualized cost reductions have been realized year-to-date, with a target of $5 million by year-end 2025.
For Q4 2025, VPG expects net revenues to be in the range of $75 million to $81 million.

Nov 4, 2025, 2:00 PM

Transcript

VPG Reports Q3 2025 Results and Announces C-Suite Appointments

VPG

Earnings

Management Change

Guidance Update

Vishay Precision Group, Inc. (VPG) reported net revenues of $79.7 million for the third fiscal quarter ended September 27, 2025, an increase of 5.3% compared to the prior year.
Diluted net earnings per share were $0.59, compared to a diluted net loss per share of $0.10 in the third fiscal quarter of 2024. Adjusted diluted net earnings per share were $0.26, up from $0.19 in the comparable prior year period.
The company achieved a book-to-bill ratio of 1.00 for the fourth consecutive quarter and reported a net cash position of $66 million.
VPG recognized a gain of approximately $5.5 million, or $0.36 per diluted share, from the sale of a building on July 10, 2025.
For the fourth fiscal quarter of 2025, VPG expects net revenues to be in the range of $75 million to $81 million.