VPG Reports Fiscal 2026 Second Quarter Results; Orders of $96 Million Reflect Continued Strength in Key Markets

(NYSE: VPG) Vishay Precision Group, Inc. announced its fiscal 2026 second quarter results, reporting net revenues of $83.9 million, an increase of 11.7% compared to the prior year period. The company recorded a gross profit margin of 38.6% versus 40.7% a year ago, and an operating margin of (0.4%) compared to 3.6%. Adjusted EBITDA was $5.5 million with an adjusted EBITDA margin of 6.5%. Bookings for the quarter were $95.5 million, resulting in a book-to-bill ratio of 1.14, and the company received a vendor nomination letter from its initial humanoid robotics customer. The second quarter net loss attributable to VPG stockholders was $1.7 million, or $0.13 per diluted share, compared to net earnings of $0.3 million, or $0.02 per diluted share, in the prior year period. The company projects organic annual revenue growth in fiscal 2026 above the 8% to 10% range previously outlined and expects to deliver approximately $6 million of cost savings in 2026 as part of a three-year goal of achieving $20 million in cost reductions.