Vishay Precision Group Inc
NYSE:VPG
Vishay Precision Group Inc
Vishay Precision Group, Inc. engages in the design, manufacture, and market of sensors and sensor-based measurement systems. The company is headquartered in Malvern, Pennsylvania and currently employs 2,600 full-time employees. The company went IPO on 2010-06-23. The company operates through three segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. The Sensors segment is comprised of the foil resistor and strain gage operating segments. The products in the Sensors segment are primarily based on its resistive foil technology. The Weighing Solutions segment is comprised of specialized modules and systems used to precisely measure weight, force torque, and pressure. The Weighing Solutions segment is comprised of its VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek and Vulcan businesses. The Measurement Systems segment is comprised of specialized systems for steel production, materials development, and safety testing. This segment is comprised of its KELK, DSI, Pacific Instruments, and its DTS businesses.
Vishay Precision Group, Inc. engages in the design, manufacture, and market of sensors and sensor-based measurement systems. The company is headquartered in Malvern, Pennsylvania and currently employs 2,600 full-time employees. The company went IPO on 2010-06-23. The company operates through three segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. The Sensors segment is comprised of the foil resistor and strain gage operating segments. The products in the Sensors segment are primarily based on its resistive foil technology. The Weighing Solutions segment is comprised of specialized modules and systems used to precisely measure weight, force torque, and pressure. The Weighing Solutions segment is comprised of its VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek and Vulcan businesses. The Measurement Systems segment is comprised of specialized systems for steel production, materials development, and safety testing. This segment is comprised of its KELK, DSI, Pacific Instruments, and its DTS businesses.
Revenue Growth: Fourth quarter revenue was $80.6 million, up 11% year-over-year and 1% sequentially, driven by strong execution and solid bookings, particularly in the Sensors segment.
Bookings Strength: Quarterly orders reached $81.3 million, growing 2% sequentially, and resulting in a book-to-bill ratio of 1.01, marking the fifth consecutive quarter above 1.
Margin Headwinds: Gross margin fell to 37% due to $3 million in unusual headwinds, but management expects a rebound in Q1 as these impacts are not expected to repeat.
Business Initiatives: Orders from new business initiatives—including humanoid robots and semiconductors—totaled $37.8 million in 2025, surpassing the $30 million target and setting a new $45 million goal for 2026.
Organizational Changes: VPG implemented a new structure with two senior executive positions (COO and CBPO), aimed at driving growth, operational efficiency, and cost savings.
2026 Outlook: Management expects mid- to high single-digit top-line growth in 2026, with a stronger second half as Sensors ramps production; Q1 2026 revenue guidance is $74–80 million.
Cost Reductions: $6 million in cost savings are targeted for 2026 through efficiency and restructuring initiatives, offsetting $3 million in new SG&A costs for the organizational transition.
