VPG Reports Fiscal 2025 Third Quarter Results
Vishay Precision Group (NYSE: VPG) reported fiscal Q3 2025 results with net revenues of $79.7M, up 5.3% year‑over‑year, and a gross margin of 40.3%. GAAP diluted net earnings were $0.59 per share versus a $0.10 loss a year earlier; adjusted diluted EPS was $0.26. EBITDA was $14.2M (17.9% margin) and adjusted EBITDA was $9.2M (11.5% margin). The company reported a net cash position of $66M and received $10.8M from a building sale, producing a one‑time gain of about $5.5M.
By segment, Sensors revenue rose 12.1% to $31.6M, Weighing Solutions was $27.5M, and Measurement Systems decreased 8.0% to $20.6M. VPG created two C‑suite roles: Chief Business and Product Officer and Chief Operating Officer. Q4 revenue guidance is $75M–$81M at constant FX.
Vishay Precision Group (NYSE: VPG) ha riportato i risultati del terzo trimestre fiscale 2025 con ricavi netti di 79,7 milioni di dollari, in aumento del 5,3% rispetto all'anno precedente, e un margine lordo del 40,3%. L'utile netto diluito GAAP è stato 0,59 dollari per azione contro una perdita di 0,10 dollari per azione nell'anno precedente; l'EPS diluito rettificato è stato 0,26 dollari. L'EBITDA è stato 14,2 milioni di dollari (margine 17,9%) e l'EBITDA rettificato è stato 9,2 milioni di dollari (margine 11,5%). L'azienda ha riportato una posizione netta di cassa di 66 milioni di dollari e ha ricevuto 10,8 milioni di dollari dalla vendita di un edificio, generando un guadagno una tantum di circa 5,5 milioni di dollari.
Per segmento, i ricavi dei Sensori sono aumentati del 12,1% a 31,6 milioni di dollari, la soluzione Weighing è stata 27,5 milioni, e i sistemi di misurazione sono diminuiti dell'8,0% a 20,6 milioni di dollari. VPG ha creato due ruoli esecutivi C‑suite: Chief Business and Product Officer e Chief Operating Officer. Le previsioni di ricavo per il Q4 sono 75–81 milioni di dollari a tassi di cambio costanti.
Vishay Precision Group (NYSE: VPG) presentó los resultados del tercer trimestre fiscal de 2025 con ingresos netos de 79,7 millones de dólares, un aumento interanual del 5,3%, y un margen bruto del 40,3%. Las ganancias netas diluidas GAAP fueron de 0,59 dólares por acción frente a una pérdida de 0,10 dólares por acción hace un año; el BPA diluido ajustado fue de 0,26 dólares. El EBITDA fue de 14,2 millones de dólares (margen del 17,9%) y el EBITDA ajustado fue de 9,2 millones de dólares (margen del 11,5%). La compañía reportó una posición neta de caja de 66 millones de dólares y recibió 10,8 millones de dólares por la venta de un edificio, generando una ganancia única de aproximadamente 5,5 millones de dólares. Por segmento, los ingresos de Sensores aumentaron un 12,1% hasta 31,6 millones, Weighing Solutions fue 27,5 millones, y Measurement Systems cayó un 8,0% hasta 20,6 millones. VPG creó dos roles de nivel C: Directora de Negocios y Productos y Directora de Operaciones. Las proyecciones de ingresos para el Q4 son de 75 a 81 millones de dólares a FX constante.
Vishay Precision Group (NYSE: VPG) 은 2025 회계연도 제3분기 실적을 발표했습니다. 순매출 79.7백만 달러, 전년 동기 대비 5.3% 증가, 총 이익률 40.3%. GAAP 희석 순이익은 주당 0.59달러로 전년의 -0.10달러 손실에서 증가했습니다; 조정 희석 주당순이익은 0.26달러. EBITDA는 1,420만 달러(마진 17.9%), 조정 EBITDA는 920만 달러(마진 11.5%). 회사는 현금 순보유 6600만 달러를 보고했고 건물 매각으로 1080만 달러를 받았으며 약 550만 달러의 일회성 이익을 기록했습니다.
부문별로 Sensors 매출은 12.1% 증가하여 3160만 달러, Weighing Solutions은 2750만 달러, Measurement Systems는 8.0% 감소하여 2060만 달러가 되었습니다. VPG는 이사회에 Chief Business and Product Officer와 Chief Operating Officer의 두 C‑suite 직위를 신설했습니다. Q4 매출 가이던스는 FX 변동을 기준으로 7500만–8100만 달러입니다.
Vishay Precision Group (NYSE: VPG) a publié les résultats du T3 2025 avec un chiffre d’affaires net de 79,7 M$, en hausse de 5,3% sur un an, et une marge brute de 40,3%. Le bénéfice net dilué GAAP était de 0,59 $ par action contre une perte de 0,10 $ par action il y a un an; l’EPS dilué ajusté était de 0,26 $. L’EBITDA s’élevait à 14,2 M$ (marge de 17,9%) et l’EBITDA ajusté à 9,2 M$ (marge de 11,5%). La société a affiché une position nette de trésorerie de 66 M$ et a reçu 10,8 M$ de la vente d’un bâtiment, générant un gain unique d’environ 5,5 M$. Par segment, les revenus des capteurs ont augmenté de 12,1% pour atteindre 31,6 M$, les Solutions de Pesage s’élevèrent à 27,5 M$, et les Systèmes de Mesure ont reculé de 8,0% à 20,6 M$. VPG a créé deux postes de direction C‑suite: Chief Business and Product Officer et Chief Operating Officer. Les prévisions de chiffre d’affaires pour le Q4 se situent entre 75 M$ et 81 M$ à taux de change constants.
Vishay Precision Group (NYSE: VPG) meldete die Ergebnisse für das dritte Quartal 2025 mit Nettoeinnahmen von 79,7 Mio. USD, einem Anstieg von 5,3% gegenüber dem Vorjahr, und einer Bruttomarge von 40,3%. GAAP-dollarisiertes dilutes Net income betrug 0,59 USD pro Aktie gegenüber einem Verlust von 0,10 USD pro Aktie im Vorjahr; bereinigtes dilutes EPS betrug 0,26 USD. EBITDA betrug 14,2 Mio. USD (Marge 17,9%) und bereinigtes EBITDA 9,2 Mio. USD (Marge 11,5%). Das Unternehmen meldete eine Netto-Cash-Position von 66 Mio. USD und erhielt 10,8 Mio. USD aus dem Verkauf eines Gebäudes, was einen Einmaleffekt von ca. 5,5 Mio. USD ergab.
Nach Segmenten stiegen die Sensoren-Umsätze um 12,1% auf 31,6 Mio. USD, Weighing Solutions lagen bei 27,5 Mio. USD, und Measurements Systems sanken um 8,0% auf 20,6 Mio. USD. VPG schuf zwei C‑Suite-Positionen: Chief Business and Product Officer und Chief Operating Officer. Die Q4-Umsatzprognose liegt bei 75–81 Mio. USD bei konstanter FX.
مجموعة فيش فاسيليتي (بورصة نيويورك: VPG) أعلنت عن نتائج الربع الثالث من السنة المالية 2025 مع إيرادات صافية قدرها 79.7 مليون دولار، بزيادة قدرها 5.3% مقارنة بالعام الماضي، وهو هامش إجمالي 40.3%. صافي الأرباح المخصومة وفق مبادئ GAAP للسهم الواحد كان 0.59 دولاراً للسهم مقابل خسارة قدرها 0.10 دولار للسهم قبل عام؛ وEPS المخصّص المعدل كان 0.26 دولار. EBITDA كان 14.2 مليون دولار (هامش 17.9%) وEBITDA المعدّل كان 9.2 مليون دولار (هامش 11.5%). أعلنت الشركة عن مركز نقد صافي قدره 66 مليون دولار وتلقت 10.8 مليون دولار من بيع مبنى، محققين مكسباً لمرة واحدة يقارب 5.5 مليون دولار. حسب القطاع، زادت مبيعات أجهزة الاستشعار بمقدار 12.1% إلى 31.6 مليون دولار، وبلغت مبيعات حلول الوزن 27.5 مليون دولار، وتراجعت أنظمة القياس 8.0% إلى 20.6 مليون دولار. أنشأت VPG منصبين قياديين من مستوى C: رئيس الأعمال والمنتجات ورئيس العمليات. توجيهات إيرادات الربع الرابع تتراوح بين 75 مليوناً و81 مليون دولار عند ثبات سعر الصرف.
- Net revenues of $79.7M (+5.3% YoY)
- GAAP diluted EPS of $0.59 vs loss of $0.10 prior year
- EBITDA of $14.2M and EBITDA margin 17.9%
- Net cash position of $66M
- One‑time proceeds of $10.8M and gain ≈ $5.5M from building sale
- Sensors revenue $31.6M (+12.1% YoY, +19.1% sequential)
- Measurement Systems revenue down 8.0% YoY to $20.6M
- Nine‑month adjusted net earnings fell from $12.3M to $6.2M
- Operating cash flow was negative $1.3M in the quarter
Insights
Quarter shows clear operational improvement: revenue and EPS turned positive, margins improved, and cash used to pay down debt.
Revenue rose to
Improvements in operating margin to
The Company Announces the Addition of Two C-Suite Positions
MALVERN, Pa., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its fiscal 2025 third quarter ended September 27, 2025.
Third Fiscal Quarter Highlights (comparisons are to the comparable period a year ago):
- Net revenues of
$79.7 million increased5.3% . - Gross profit margin was
40.3% as compared to40.0% - Adjusted gross profit margin* was
40.5% , as compared to40.0% - Operating margin was
12.7% as compared to5.1% . - Adjusted operating margin* was
6.2% , as compared to5.2% . - Diluted net earnings per share of
$0.59 compared to a diluted net loss per share of$0.10 . - Adjusted diluted net earnings per share* of
$0.26 compared to$0.19 . - EBITDA* was
$14.2 million with an EBITDA margin* of17.9% . - Adjusted EBITDA* was
$9.2 million with an adjusted EBITDA margin* of11.5% . - Adjusted Free Cash Flow* of
$7.4 million .
Ziv Shoshani, Chief Executive Officer of VPG, commented, “We achieved a solid quarter for VPG, as third-quarter sales grew
Mr. Shoshani said: “We grew adjusted operating margin and adjusted EBITDA margin from the second quarter. With a net cash position of
The Company's third-quarter results reflected
Company Adds Two C-Suite Positions:
To support VPG’s drive to accelerate its growth and maintain its focus on operational excellence, the Company's board of directors has approved the appointment of two executives to newly created C-Suite positions: Yair Alcobi, who has held executive leadership positions at global industrial technology companies including KLA-Tencor among others, has been named as Chief Business and Product Officer and is responsible for sales, marketing, product and business development. Rafi Ouzan, who had served as the head of VPG’s Weighing Solutions business segment, has been appointed as Chief Operating Officer and is responsible for overseeing and integrating the Company’s operations, including quality management and supply chain optimization across all manufacturing sites. Both the Chief Business and Product Officer and the Chief Operating Officer will report to Ziv Shoshani, the Company's Chief Executive Officer.
“VPG has put in place operational and product development capabilities to address faster growing markets. The change to our senior management organization will enable us to accelerate growth by streamlining business cross-divisional processes in a more efficient way,” Mr. Shoshani added.
Third Fiscal Quarter and Nine-Month Financial Trends:
The Company's third fiscal quarter 2025 net earnings attributable to VPG stockholders was
In the nine fiscal months ended September 27, 2025, net earnings attributable to VPG stockholders were
The third fiscal quarter 2025 adjusted net earnings* were
In the nine fiscal months ended September 27, 2025, adjusted net earnings* were
Segment Performance:
The Sensors segment revenue of
Gross profit margin for the Sensors segment was
The Weighing Solutions segment revenue of
Gross profit margin for the Weighing Solutions segment was
The Measurement Systems segment revenue of
Gross profit margin for the Measurement Systems segment was
Near-Term Outlook
“Given our backlog and the current market conditions, we expect net revenues to be in the range of
*Use of Non-GAAP Financial Information:
We define “adjusted gross profit margin” as gross profit margin before start-up costs and acquisition purchase accounting adjustments. We define “adjusted operating margin” as operating margin before start-up costs, acquisition purchase accounting adjustments, restructuring costs, severance costs, and gain on sale of asset held for sale. We define “adjusted net earnings” and “adjusted diluted net earnings per share” as net earnings attributable to VPG stockholders before start-up costs, acquisition purchase accounting adjustments, restructuring costs and severance costs, foreign currency exchange gains and losses, associated tax effects, and gain on sale of asset held for sale. We define “EBITDA” as earnings before interest, taxes, depreciation, and amortization. We define “Adjusted EBITDA” as earnings before interest, taxes, depreciation, and amortization, start-up costs, acquisition purchase accounting adjustments, restructuring costs and severance costs, foreign currency exchange gains and losses, and gain on sale of asset held for sale.
“Adjusted free cash flow” for the third fiscal quarter of 2025 is defined as the amount of cash generated from operating activities (
Management believes that these non-GAAP measures are useful to investors because each presents what management views as our core operating results for the relevant period. The adjustments to the applicable GAAP measures relate to occurrences or events that are outside of our core operations, and management believes that the use of these non-GAAP measures provides a consistent basis to evaluate our operating profitability and performance trends across comparable periods. These reconciling items are indicated on the accompanying reconciliation schedules and are more fully described in VPG’s consolidated financial statements presented in our Annual Report on Form 10-K and Quarterly Reports on Forms 10-Q.
Conference Call and Webcast:
A conference call will be held on Tuesday, November 4, 2025 at 9:00 a.m. ET (8:00 a.m. CT). To access the conference call, interested parties may call 1-833-470-1428 or internationally +1-646-844-6383 and use passcode 716708, or log on to the investor relations page of the VPG website at ir.vpgsensors.com. A replay will be available approximately one hour after the completion of the call by calling toll-free 1-866-813-9403 or internationally 1-929-458-6194 and by using passcode 172070. The replay will also be available on the “Events” page of investor relations section of the VPG website at ir.vpgsensors.com.
About VPG:
Vishay Precision Group, Inc. (VPG) is a leader in precision measurement and sensing technologies. Our sensors, weighing solutions and measurement systems optimize and enhance our customers’ product performance across a broad array of markets to make our world safer, smarter, and more productive. To learn more, visit VPG at www.vpgsensors.com and follow us on LinkedIn.
Forward-Looking Statements:
From time to time, information provided by us, including, but not limited to, statements in this press release, or other statements made by or on our behalf, may contain or constitute “forward-looking”" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated, or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions; significant developments from the recent and potential changes in tariffs and trade regulation; impact of inflation; potential issues respecting the United States federal government debt ceiling; global labor and supply chain challenges; difficulties or delays in identifying, negotiating and completing acquisitions and integrating acquired companies; the inability to realize anticipated synergies and expansion possibilities; difficulties in new product development; changes in competition and technology in the markets that we serve and the mix of our products required to address these changes; changes in foreign currency exchange rates; political, economic, and health (including pandemics) instabilities; instability or disruption caused by military hostilities in the regions or countries in which we operate (including Israel); difficulties in implementing our cost reduction strategies, such as underutilization of production facilities, labor unrest or legal challenges to our lay-off or termination plans, operation of redundant facilities due to difficulties in transferring production to achieve efficiencies; compliance issues under applicable laws, such as export control laws, including the outcome of our voluntary self-disclosure of export control non-compliance; our ability to execute our corporate strategy and business continuity, operational and budget plans; and other factors affecting our operations, markets, products, services, and prices that are set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this report or as of the dates otherwise indicated in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Steve Cantor
Vishay Precision Group, Inc.
781-222-3516
info@vpgsensors.com
VISHAY PRECISION GROUP, INC.
Consolidated Condensed Statements of Operations
(Unaudited - In thousands, except per share amounts)
| Fiscal Quarter Ended | ||||||||
| September 27, 2025 | September 28, 2024 | |||||||
| Net revenues | $ | 79,728 | $ | 75,727 | ||||
| Costs of products sold | 47,603 | 45,467 | ||||||
| Gross profit | 32,125 | 30,260 | ||||||
| Selling, general and administrative expenses | 27,296 | 26,337 | ||||||
| Gain on asset held for sale | (5,544 | ) | - | |||||
| Restructuring costs | 214 | 82 | ||||||
| Operating income | 10,159 | 3,841 | ||||||
| Other (expense) income : | ||||||||
| Interest expense | (425 | ) | (648 | ) | ||||
| Other | 159 | (2,646 | ) | |||||
| Other expense | (266 | ) | (3,294 | ) | ||||
| Income before taxes | 9,893 | 546 | ||||||
| Income tax expense | 1,961 | 1,874 | ||||||
| Net earnings (loss) | 7,932 | (1,328 | ) | |||||
| Less: net earnings attributable to noncontrolling interests | 74 | 23 | ||||||
| Net earnings (loss) attributable to VPG stockholders | $ | 7,858 | $ | (1,351 | ) | |||
| Basic earnings (loss) per share attributable to VPG stockholders | $ | 0.59 | $ | (0.10 | ) | |||
| Diluted earnings (loss) per share attributable to VPG stockholders | $ | 0.59 | $ | (0.10 | ) | |||
| Weighted average shares outstanding - basic | 13,279 | 13,254 | ||||||
| Weighted average shares outstanding - diluted | 13,344 | 13,254 | ||||||
VISHAY PRECISION GROUP, INC.
Consolidated Condensed Statements of Operations
(Unaudited - In thousands, except per share amounts)
| Nine Fiscal Months Ended | ||||||||
| September 27, 2025 | September 28, 2024 | |||||||
| Net revenues | $ | 226,630 | $ | 233,869 | ||||
| Costs of products sold | 136,866 | 136,108 | ||||||
| Gross profit | 89,764 | 97,761 | ||||||
| Selling, general and administrative expenses | 81,708 | 80,232 | ||||||
| Gain on asset held for sale | (5,544 | ) | - | |||||
| Restructuring costs | 793 | 864 | ||||||
| Operating income | 12,807 | 16,665 | ||||||
| Other (expense) income : | ||||||||
| Interest expense | (1,525 | ) | (1,925 | ) | ||||
| Other | (1,781 | ) | 915 | |||||
| Other expense | (3,306 | ) | (1,010 | ) | ||||
| Income before taxes | 9,501 | 15,654 | ||||||
| Income tax expense | 2,220 | 6,508 | ||||||
| Net earnings | 7,281 | 9,146 | ||||||
| Less: net earnings attributable to noncontrolling interests | 117 | 3 | ||||||
| Net earnings attributable to VPG stockholders | $ | 7,164 | $ | 9,143 | ||||
| Basic earnings per share attributable to VPG stockholders | $ | 0.54 | $ | 0.68 | ||||
| Diluted earnings per share attributable to VPG stockholders | $ | 0.54 | $ | 0.68 | ||||
| Weighted average shares outstanding - basic | 13,260 | 13,367 | ||||||
| Weighted average shares outstanding - diluted | 13,307 | 13,405 | ||||||
VISHAY PRECISION GROUP, INC.
Consolidated Condensed Balance Sheets
(In thousands)
| September 27, 2025 | December 31, 2024 | |||||||
| (Unaudited) | ||||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 86,253 | $ | 79,272 | ||||
| Accounts receivable, net | 59,608 | 51,200 | ||||||
| Inventories: | ||||||||
| Raw materials | 32,544 | 33,013 | ||||||
| Work in process | 28,900 | 27,187 | ||||||
| Finished goods | 24,519 | 23,960 | ||||||
| Inventories, net | 85,963 | 84,160 | ||||||
| Prepaid expenses and other current assets | 20,514 | 17,088 | ||||||
| Assets held for sale | — | 5,229 | ||||||
| Total current assets | 252,338 | 236,949 | ||||||
| Property and equipment: | ||||||||
| Land | 2,387 | 2,316 | ||||||
| Buildings and improvements | 78,535 | 68,125 | ||||||
| Machinery and equipment | 136,393 | 132,938 | ||||||
| Software | 11,497 | 10,351 | ||||||
| Construction in progress | 3,471 | 11,246 | ||||||
| Accumulated depreciation | (155,715 | ) | (145,475 | ) | ||||
| Property and equipment, net | 76,568 | 79,501 | ||||||
| Goodwill | 47,270 | 46,819 | ||||||
| Intangible assets, net | 39,156 | 41,815 | ||||||
| Operating lease right-of-use assets | 22,768 | 24,316 | ||||||
| Other assets | 24,220 | 21,535 | ||||||
| Total assets | $ | 462,320 | $ | 450,935 | ||||
VISHAY PRECISION GROUP, INC.
Consolidated Condensed Balance Sheets
(In thousands)
| September 27, 2025 | December 31, 2024 | |||||||
| (Unaudited) | ||||||||
| Liabilities and equity | ||||||||
| Current liabilities: | ||||||||
| Trade accounts payable | $ | 10,788 | $ | 9,890 | ||||
| Payroll and related expenses | 19,736 | 18,546 | ||||||
| Other accrued expenses | 24,159 | 19,725 | ||||||
| Income taxes | 2,604 | 880 | ||||||
| Current portion of operating lease liabilities | 4,212 | 3,998 | ||||||
| Total current liabilities | 61,499 | 53,039 | ||||||
| Long-term debt | 20,555 | 31,441 | ||||||
| Deferred income taxes | 2,551 | 3,779 | ||||||
| Operating lease liabilities | 19,065 | 19,928 | ||||||
| Other liabilities | 14,120 | 14,193 | ||||||
| Accrued pension and other postretirement costs | 6,726 | 6,695 | ||||||
| Total liabilities | 124,516 | 129,075 | ||||||
| Equity: | ||||||||
| Common stock, par value | 1,340 | 1,336 | ||||||
| Class B convertible common stock, convertible common stock, par value | 103 | 103 | ||||||
| Treasury stock, at cost - 1,137,995 shares held at September 27, 2025 and December 31, 2024 | (25,335 | ) | (25,335 | ) | ||||
| Capital in excess of par value | 204,029 | 202,783 | ||||||
| Retained earnings | 199,141 | 191,977 | ||||||
| Accumulated other comprehensive loss | (41,520 | ) | (48,897 | ) | ||||
| Total Vishay Precision Group, Inc. stockholders' equity | 337,758 | 321,967 | ||||||
| Noncontrolling interests | 46 | (107 | ) | |||||
| Total equity | 337,804 | 321,860 | ||||||
| Total liabilities and equity | $ | 462,320 | $ | 450,935 | ||||
VISHAY PRECISION GROUP, INC.
Consolidated Condensed Statements of Cash Flows
(Unaudited - In thousands)
| Nine Fiscal Months Ended | ||||||||
| September 27, 2025 | September 28, 2024 | |||||||
| Operating activities | ||||||||
| Net earnings | $ | 7,281 | $ | 9,146 | ||||
| Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 11,878 | 11,771 | ||||||
| Loss (gain) on sale of property and equipment | 64 | (154 | ) | |||||
| Gain on asset held for sale | (5,544 | ) | — | |||||
| Share-based compensation expense | 1,550 | 1,060 | ||||||
| Inventory write-offs for obsolescence | 2,334 | 1,722 | ||||||
| Deferred (expense) income taxes | (2,322 | ) | 512 | |||||
| Foreign currency impacts and other items | 270 | (1,213 | ) | |||||
| Net changes in operating assets and liabilities: | ||||||||
| Accounts receivable | (6,223 | ) | 3,340 | |||||
| Inventories | (2,084 | ) | (1,816 | ) | ||||
| Prepaid expenses and other current assets | (2,863 | ) | (5,576 | ) | ||||
| Trade accounts payable | 323 | (743 | ) | |||||
| Other current liabilities | 6,499 | (3,921 | ) | |||||
| Other non current assets and liabilities, net | (1,335 | ) | (767 | ) | ||||
| Accrued pension and other postretirement costs, net | 126 | (322 | ) | |||||
| Net cash provided by operating activities | 9,954 | 13,039 | ||||||
| Investing activities | ||||||||
| Capital expenditures | (4,953 | ) | (6,965 | ) | ||||
| Proceeds from sale of asset held for sale and property and equipment | 10,891 | 647 | ||||||
| Net cash provided by (used in) investing activities | 5,938 | (6,318 | ) | |||||
| Financing activities | ||||||||
| Repayments on revolving facility | (11,000 | ) | — | |||||
| Debt issuance costs | — | (569 | ) | |||||
| Purchase of treasury stock | — | (7,815 | ) | |||||
| Contributions (distributions) from noncontrolling interests | 36 | (50 | ) | |||||
| Payments of employee taxes on certain share-based arrangements | (256 | ) | (860 | ) | ||||
| Net cash used in financing activities | (11,220 | ) | (9,294 | ) | ||||
| Effect of exchange rate changes on cash and cash equivalents | 2,309 | (315 | ) | |||||
| Increase (Decrease) in cash and cash equivalents | 6,981 | (2,888 | ) | |||||
| Cash and cash equivalents at beginning of period | 79,272 | 83,965 | ||||||
| Cash and cash equivalents at end of period | $ | 86,253 | $ | 81,077 | ||||
| Supplemental disclosure of investing transactions: | ||||||||
| Capital expenditures accrued but not yet paid | 1,239 | $ | 1,354 | |||||
| Supplemental disclosure of financing transactions: | ||||||||
| Excise tax on net share repurchases accrued but not yet paid | — | 60 | ||||||
VISHAY PRECISION GROUP, INC.
Reconciliation of Consolidated Adjusted Gross Profit, Operating Income, Net Earnings Attributable to VPG Stockholders and Diluted Earnings Per Share
(Unaudited - In thousands)
| Gross Profit | Operating Income | Net Earnings (loss) Attributable to VPG Stockholders | Diluted Earnings (loss) Per share | |||||||||||||||||||||||||||||
| Three months ended | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | ||||||||||||||||||||||||
| As reported - GAAP | $ | 32,125 | $ | 30,260 | $ | 10,159 | $ | 3,841 | $ | 7,858 | $ | (1,351 | ) | $ | 0.59 | $ | (0.10 | ) | ||||||||||||||
| As reported - GAAP Margins | 40.3 | % | 40.0 | % | 12.7 | % | 5.1 | % | — | — | — | — | ||||||||||||||||||||
| Start-up costs (a) | 37 | — | 37 | — | 37 | — | 0.00 | — | ||||||||||||||||||||||||
| Acquisition purchase accounting adjustments (b) | 111 | — | 111 | — | 111 | — | 0.01 | — | ||||||||||||||||||||||||
| Restructuring costs | — | — | 214 | 82 | 214 | 82 | 0.02 | 0.01 | ||||||||||||||||||||||||
| Foreign currency exchange gain (c) | — | — | — | — | 101 | 2,912 | 0.01 | 0.22 | ||||||||||||||||||||||||
| Less: Gain on asset held for sale (d) | — | — | 5,544 | — | 5,544 | — | 0.42 | — | ||||||||||||||||||||||||
| Less: Tax effect of reconciling items and discrete tax items | — | — | — | — | (723 | ) | (839 | ) | (0.05 | ) | (0.06 | ) | ||||||||||||||||||||
| As Adjusted - Non GAAP | $ | 32,273 | $ | 30,260 | $ | 4,977 | $ | 3,923 | $ | 3,500 | $ | 2,482 | $ | 0.26 | $ | 0.19 | ||||||||||||||||
| As Adjusted - Non GAAP Margins | 40.5 | % | 40.0 | % | 6.2 | % | 5.2 | % | ||||||||||||||||||||||||
| Gross Profit | Operating Income | Net Earnings Attributable to VPG Stockholders | Diluted Earnings Per share | |||||||||||||||||||||||||||||
| Nine Fiscal Months Ended | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | September 27, 2025 | September 28, 2024 | ||||||||||||||||||||||||
| As reported - GAAP | $ | 89,764 | $ | 97,761 | $ | 12,806 | $ | 16,665 | $ | 7,164 | $ | 9,143 | $ | 0.54 | $ | 0.68 | ||||||||||||||||
| As reported - GAAP Margins | 39.6 | % | 41.8 | % | 5.7 | % | 7.1 | % | — | — | — | — | ||||||||||||||||||||
| Start-up costs (a) | 757 | — | 757 | — | 757 | — | $ | 0.06 | — | |||||||||||||||||||||||
| Acquisition purchase accounting adjustments (b) | 111 | — | 111 | — | 111 | — | $ | 0.01 | — | |||||||||||||||||||||||
| Restructuring costs | — | — | 793 | 864 | 793 | 864 | $ | 0.06 | 0.06 | |||||||||||||||||||||||
| Severance cost | — | — | 443 | 347 | 443 | 347 | $ | 0.03 | 0.03 | |||||||||||||||||||||||
| Foreign currency exchange gain (c) | — | — | — | — | 2,836 | 34 | $ | 0.21 | — | |||||||||||||||||||||||
| Less: Gain on asset held for sale (d) | — | — | 5,544 | — | 5,544 | — | $ | 0.42 | — | |||||||||||||||||||||||
| Less: Tax effect of reconciling items and discrete tax items | — | — | — | — | 321 | (1,913 | ) | $ | 0.02 | (0.15 | ) | |||||||||||||||||||||
| As Adjusted - Non GAAP | $ | 90,632 | $ | 97,761 | $ | 9,366 | $ | 17,876 | $ | 6,239 | $ | 12,301 | $ | 0.47 | $ | 0.92 | ||||||||||||||||
| As Adjusted - Non GAAP Margins | 40.0 | % | 41.8 | % | 4.1 | % | 7.6 | % | ||||||||||||||||||||||||
VISHAY PRECISION GROUP, INC.
Reconciliation of Adjusted Gross Profit by segment
(Unaudited - In thousands)
| Fiscal Quarter Ended | ||||||||||||
| September 27, 2025 | September 28, 2024 | June 28, 2025 | ||||||||||
| Sensors | ||||||||||||
| Net revenues | 31,624 | 28,201 | 26,563 | |||||||||
| As reported - GAAP | 10,626 | 8,730 | 8,487 | |||||||||
| As reported - GAAP Margins | 33.6 | % | 31.0 | % | 32.0 | % | ||||||
| Start-up costs | 37 | — | 79 | |||||||||
| As Adjusted - Non GAAP | 10,663 | 8,730 | 8,566 | |||||||||
| As Adjusted - Non GAAP Margins | 33.7 | % | 31.0 | % | 32.2 | % | ||||||
| Weighing Solutions | ||||||||||||
| Net revenues | 27,538 | 25,175 | 29,428 | |||||||||
| As reported - GAAP | 11,110 | 8,840 | 11,646 | |||||||||
| As reported - GAAP Margins | 40.3 | % | 35.1 | % | 39.6 | % | ||||||
| Start-up costs | — | — | 178 | |||||||||
| As Adjusted - Non GAAP | 11,110 | 8,840 | 11,825 | |||||||||
| As Adjusted - Non GAAP Margins | 40.3 | % | 35.1 | % | 40.2 | % | ||||||
| Measurement Systems | ||||||||||||
| Net revenues | 20,566 | 22,352 | 19,170 | |||||||||
| As reported - GAAP | 10,389 | 12,690 | 10,461 | |||||||||
| As reported - GAAP Margins | 50.5 | % | 56.8 | % | 54.6 | % | ||||||
| Acquisition purchase accounting adjustments | 111 | — | — | |||||||||
| As Adjusted - Non GAAP | 10,500 | 12,690 | 10,461 | |||||||||
| As Adjusted - Non GAAP Margins | 51.1 | % | 56.8 | % | 54.6 | % | ||||||
VISHAY PRECISION GROUP, INC.
Reconciliation of Adjusted EBITDA
(Unaudited - In thousands)
| Fiscal Quarter Ended | ||||||||||||
| September 27, 2025 | September 28, 2024 | June 28, 2025 | ||||||||||
| Net earnings (loss) attributable to VPG stockholders | $ | 7,858 | $ | (1,351 | ) | $ | 248 | |||||
| Interest expense | 425 | 648 | 550 | |||||||||
| Income tax expense | 1,961 | 1,874 | 592 | |||||||||
| Depreciation | 3,003 | 2,988 | 2,872 | |||||||||
| Amortization | 986 | 925 | 982 | |||||||||
| Restructuring costs | 214 | 82 | 185 | |||||||||
| Severance cost | — | — | 443 | |||||||||
| Start-up costs (a) | 37 | — | 257 | |||||||||
| Acquisition purchase accounting adjustments (b) | 111 | — | — | |||||||||
| Foreign currency exchange gain (c) | 101 | 2,912 | 1,763 | |||||||||
| Gain on asset held for sale (d) | (5,544 | ) | — | — | ||||||||
| ADJUSTED EBITDA | $ | 9,152 | $ | 8,079 | $ | 7,892 | ||||||
| ADJUSTED EBITDA MARGIN | 11.5 | % | 10.7 | % | 10.5 | % | ||||||
FAQ
What were VPG (NYSE: VPG) fiscal Q3 2025 net revenues and EPS on November 4, 2025?
How did VPG's segment performance change in Q3 2025 for Sensors, Weighing Solutions, and Measurement Systems?
What was VPG's EBITDA and adjusted EBITDA in fiscal Q3 2025?
What one‑time cash or gains did VPG record in Q3 2025 and how were proceeds used?
What guidance did VPG give for fiscal Q4 2025 on November 4, 2025?
Why did VPG add two C‑suite roles and who were appointed in November 2025?
