Vishay Precision Group, Inc. (VPG) AI Stock Summary

Snapshot

VPG is a small precision-sensor maker with FY2025 revenue of $307.2M, roughly flat YoY, and thin profitability: $5.3M net income and a 3.1% operating margin, down from 11.8% two years ago. Gross margin held near 39%, and the business still generated $6.4M in free cash flow. Its latest quarter saw revenue up 12% YoY and record orders (1.14 book-to-bill), but a swing to a GAAP net loss on currency swings and cost pressure. Cash of $87.4M comfortably covers $64.0M of debt.

What's Happening Right Now

• Tue 15th Sep '26 · Partnership: VPG Foil Resistors announced a partnership with Source Technologi to expand into India's aerospace, defense, telecom and semiconductor markets, with no financial terms disclosed.
• Sat 5th Sep '26 · Guidance: Q2 revenue rose 11.7% YoY to $83.9M but VPG swung to a GAAP net loss on FX and delayed shipments; the company raised its full-year organic growth outlook above 8-10% and received a vendor nomination from an initial humanoid robotics customer.
• Sat 5th Sep '26 · 10-Q detail: The 10-Q showed gross margin compressed 2.1 points to 38.6%, six-month operating cash flow turned negative, and a record $135.8M backlog with a 1.14 book-to-bill ratio.
• Wed 5th Aug '26 · Earnings: VPG reported fiscal Q2 2026 orders of $96 million and continued strength in key end markets alongside its quarterly results.
• Mon 29th Jun '26 · Award: DTS, a VPG subsidiary making crash-testing data acquisition systems, was named Supplier of the Year by Automotive Testing Technology International.

Ownership

Institutions hold 100.0% of shares, while insiders hold 3.3%.

Bottom Line

VPG is a small, profitable precision-sensor business riding a real demand wave from AI, defense and robotics customers, with record orders and backlog. The catch is that margins are getting squeezed right now by currency swings and rising costs, and the most recent quarter actually posted a GAAP net loss even as sales grew. Cash comfortably exceeds debt, so there's no liquidity concern, but a reader should weigh strong order momentum against a business that hasn't yet translated that growth into steadier profits.