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Vishay Precision Group (VPG)
NYSE:VPG
US Market
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EarningsQ2 2026 Earnings Report

Vishay Precision Group (VPG) Q2 2026 Earnings Report

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VPG Q2 2026 EPS Results

Actual EPS$0.04
Consensus EPS$0.19
Beat/MissMissed by -$0.15
One Year Ago EPS$0.17

VPG Q2 2026 Revenue Results

Actual Revenue$83.94M
Expected Revenue$87.44M
Beat/MissMissed by -$3.50M
YoY Revenue Growth+11.67%

Earnings Announcement Details

QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
VPG Upcoming Earnings
Vishay Precision Group's next earnings date is estimated for November 10, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

VPG Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational momentum driven by record sensor bookings, strong order trends (consolidated book-to-bill >1.0), a meaningful backlog, a vendor nomination in humanoid robotics and confidence in exceeding the company’s organic growth targets for 2026. Notable headwinds included a temporary $3M ERP-related shipment delay, sizable FX impacts (~$3.3M YoY effect on operating profit), a Q2 GAAP loss and segment-specific order softness in Weighing and Measurement Systems. Liquidity and balance-sheet metrics are solid (cash ~$75.7M, net cash ~$60M) and cost-savings initiatives are progressing. Overall, positives (record bookings, backlog, capacity investments, guidance) outweigh the transitory operational and macro-related negatives.
Company Guidance
Guidance: VPG expects third‑quarter 2026 net revenue of $84–$89 million (assuming Q2 FX rates; excludes profit‑neutral tariff refunds) and reiterated confidence in delivering organic revenue growth for 2026 above its 3–year plan target of 8%–10% (and double‑digit growth for the full year); key operating metrics include Q2 revenue of $83.9M, Q2 orders of $95.5M and a consolidated book‑to‑bill of 1.14 (Sensors book‑to‑bill 1.44 with Sensors bookings of $48.1M), backlog of $135.8M (up ~$10–11M QoQ), ~$3M of KELK shipment delays expected to ship by end of Q4, nearly $1M of cost savings in Q2 with ~$6M savings targeted for 2026 and ~$20M over three years, Q2 adjusted EBITDA $5.5M (6.5% of revenue) and adjusted operating margin 1.7% (GAAP operating margin -0.4%), Q2 adjusted net income $0.586M ($0.04/share) versus a GAAP loss of $1.7M ($0.13/share), cash of $75.7M (net cash ~$60M after $15.6M long‑term debt), capex guidance $10–12M for 2026 (YTD $5M), and an assumption of an operational tax rate of ~30% for the year.
Strong Order Momentum and Record Bookings
Total orders of $95.5M in Q2; consolidated book-to-bill of 1.14 (seventh consecutive quarter ≥ 1.0). Sensors bookings hit an all-time quarterly record of $48.1M, up 6% sequentially.
Revenue Growth and Backlog Expansion
Q2 revenue of $83.9M, essentially flat sequentially and up 12% year-over-year. Backlog increased by roughly $10–$11M to $135.8M.
Sensors Segment Outperformance
Sensors revenue $33.4M, flat sequential and up 26% YoY; Sensors book-to-bill 1.44 reflecting robust demand from semiconductor equipment, AI/data-center infrastructure, fiber optics and aerospace/defense.
Humanoid Robotics Milestone and Capacity Additions
Received official vendor nomination letter from initial humanoid robotics customer; humanoid-related bookings ~$500k and sales $320k in Q2. Company has hired personnel, invested capital and prepared capacity for expected ramp in H2 2026.
Progress on Strategic Cost Reductions
Operational improvement initiatives generated nearly $1M of cost savings in Q2; $1.6M year-to-date. On track for ~$6M savings in 2026 as first phase of a 3-year plan targeting ~$20M total reductions.
Margin Improvements in Weighing Solutions
Weighing Solutions revenue $30.3M (flat seq, +3% YoY) and gross margin improved by 300 basis points sequentially to 37.3%, driven by cost reductions and favorable product mix.
Strong Liquidity and Debt Reduction
Cash balance $75.7M at quarter end after $5M debt paydown; long-term debt $15.6M and net cash position ~$60M. Debt paydown expected to reduce net interest cost by ~$300k annually.
Confident Forward Outlook
Company expects Q3 revenue of $84M–$89M (constant FX) and remains confident it can deliver organic revenue growth for 2026 above the 8%–10% annual target and achieve double-digit revenue growth for the full year.

VPG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 10, 2026
2026 (Q3)
0.16 / -
0.26―
2026 (Q2)
0.19 / 0.04
0.17-76.47% (-0.13)
2026 (Q1)
0.00 / 0.07
0.0475.00% (+0.03)
2025 (Q4)
0.21 / 0.07
0.03133.33% (+0.04)
2025 (Q3)
0.20 / 0.26
0.1936.84% (+0.07)
2025 (Q2)
0.04 / 0.17
0.31-45.16% (-0.14)
2025 (Q1)
0.07 / 0.04
0.42-90.48% (-0.38)
2024 (Q4)
0.13 / 0.03
0.61-95.08% (-0.58)
2024 (Q3)
0.20 / 0.19
0.47-59.57% (-0.28)
2024 (Q2)
0.34 / 0.31
0.58-46.55% (-0.27)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed