Vishay Precision Group Q2 Earnings Call Highlights

2 weeks ago 15

MarketBeat

Sun, August 9, 2026 astatine 10:04 AM CDT 6 min read

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Vishay Precision Group (NYSE:VPG) reported second-quarter 2026 gross of $83.9 million, up 12% from a twelvemonth earlier and fundamentally level sequentially, arsenic beardown request successful its Sensors conception offset mixed conditions elsewhere successful the business. The institution said orders reached $95.5 million, producing a consolidated book-to-bill ratio of 1.14 and marking the seventh consecutive 4th astatine oregon supra 1.0.

CEO and President Ziv Shoshani said bid momentum reflected the company's strategy to summation vulnerability to secular maturation markets, including semiconductor equipment, data-center infrastructure, fiber-optic communications, aerospace and defense. The institution generated $11.6 cardinal of bookings from business-development initiatives during the 4th and $21.6 cardinal successful the archetypal half, placing it connected way for its $45 cardinal full-year objective.

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Revenue was affected by a impermanent hold of astir $3 cardinal successful shipments astatine the KELK concern wrong Measurement Systems. Shoshani said supply-chain challenges related to the rollout of a caller endeavor assets readying strategy caused the delays. The institution said the ERP issues person been addressed, accumulation has returned to normalized levels, and it expects to vessel the delayed orders by the extremity of the 4th quarter.

Sensors orders scope a quarterly grounds

The Sensors conception generated gross of $33.4 million, astir level from the archetypal 4th and up 26% twelvemonth implicit year. Segment bookings roseate 6% sequentially to a grounds $48.1 million, resulting successful a book-to-bill ratio of 1.44.

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VPG attributed request to AI-related infrastructure investments. Shoshani cited beardown precision-resistor orders from semiconductor instrumentality manufacturers and semiconductor-device makers that usage the products successful customized trial systems. Bookings from makers of long-haul, high-speed fiber-optic transmission instrumentality besides remained elevated, portion request for avionics and defence applications continued.

The institution received a ceremonial vendor information missive from its archetypal humanoid robotics lawsuit during the quarter. According to Shoshani, the lawsuit expects to statesman a accumulation ramp successful the 2nd fractional of 2026, perchance expanding from tens of robots per week to hundreds and past thousands per week by year-end. VPG has hired and trained personnel, made superior investments and ordered earthy materials based connected the customer's projected demand, helium said.

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