Vishay Precision Group, Inc. · NYSE:VPG
Vishay Precision — Q1 2026 Earnings Presentation
18 slides from Vishay Precision's earnings presentation, May 12, 2026
Slide 1: 1Q26 Earnings Call
1Q26 Earnings Call May 12, 2026
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT From time to time, information provided by us, including, but not limited to, statements in this presentation, 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 Ac
Slide 3: Fiscal First Quarter 2026 Highlights
FISCAL FIRST QUARTER 2026 HIGHLIGHTS VPG Consolidated Revenue • Revenue grew 4.7% sequentially and 17.6% from the Amounts in $ millions prior year. $84.4 $79.7 $80.6 $75.2 • Bookings of $102.1 million grew 25.5% from 4Q25 and $71.7 37.3% year-over year and reached the 3rd highest level in VPG’s hist
Slide 4: Sensors – Sales & Bookings
SENSORS – SALES & BOOKINGS Sensors Segment Revenue Highlights: Amounts in $ millions $33.3 • Sales grew 9.6% sequentially, driven by precision resistors $31.6 $30.4 in the Test & Measurement and AMS markets and higher $27.1 $26.6 sales of strain gages in the General Industrial market. • Bookings gre
Slide 5: Weighing Solutions – Sales & Bookings
WEIGHING SOLUTIONS – SALES & BOOKINGS Weighing Solutions Segment Revenue Highlights: Amounts in $ millions $30.2 • 1Q26 revenues grew 9% sequentially and 14.4% $26.4 $29.4 $27.5 $27.7 from a year ago. Sequential growth in our Other markets for medical and consumer applications and in the Transportat
Slide 6: Measurement Systems – Sales & Bookings
MEASUREMENT SYSTEMS – SALES & BOOKINGS Measurement Systems Segment Revenue Highlights: Amounts in $ millions $22.8 $20.8 • 1Q26 revenues declined 7.3% sequentially due to $19.2 $20.6 softer steel-related sales, but grew 14% year over $18.2 year. DTS achieved record sales driven by AMS projects. • Or
Slide 7: New Target Three-Year Model Reflects Higher Organic Growth
NEW TARGET THREE-YEAR MODEL REFLECTS HIGHER ORGANIC GROWTH (in $ Millions; FY25 Annual CAGR Example: Targeted Revenue Margin in Percent) Actual1 Revenue Growth Assumptions3 Growth by Segment* • Organic growth only • Key secular growth drivers CAGR (semiconductor, data centers, 10% $108 Revenue $307M
Slide 8: Revised Target Model: Secular Growth Drivers and Operational Excellence
REVISED TARGET MODEL: SECULAR GROWTH DRIVERS AND OPERATIONAL EXCELLENCE Organic Growth in High Single-Digits $20 Million Targeted Cost Reductions • Exposure to secular growth markets: • Optimization of Manufacturing Footprint: • Semiconductor equipment driven by AI-infrastructure • Streamlining to l
Slide 9: Financials – Gross Margin
FINANCIALS – GROSS MARGIN Revenue in $ millions 1Q26 4Q25 Comments Revenue $84.4 $80.6 Gross Profit Margin by Segment: Primarily due to higher volume, favorable product mix, higher manufacturing efficiencies, partially offset by unfavorable Sensors: 34.8% 28.5% foreign exchange rates and higher pers
Slide 10: Financials – Income Statement
FINANCIALS – INCOME STATEMENT Amounts in $ millions, expect margin and per share data 1Q26 4Q25 Revenue $84.4 $80.6 Gross Profit Margin: 39.0% 36.8% Adjusted Gross Profit Margin* : 39.0% 37.0% Selling, General, and Admin. Expenses: $32.1 $27.9 Operating Income: $0.3 $1.7 Operating Margin: 0.4% 2.2%
Slide 11: Financials – Cash Flow / Balance Sheet
FINANCIALS – CASH FLOW / BALANCE SHEET Amounts in $ millions, expect margin and per share data 1Q26 4Q25 Adjusted EBITDA: $5.9 $6.2 Cash From Operations: $(0.6) $4.8 Purchased Capital Expenditures $3.0 $3.5 Adj. Free Cash Flow*: $(3.7) $1.3 Cash and Cash Equivalents $82.5 $87.4 Total Assets: $453.8
Slide 12: Q&A
Q&A PERFORMANCE THROUGH PRECISION 12 12
Slide 13: Appendix
Appendix PERFORMANCE THROUGH PRECISION 13 13
Slide 14: Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted EPS
Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted Earnings Per Share -Quarter PERFORMANCE THROUGH PRECISION
Slide 15: Non-GAAP Reconciliation EBITDA and Adjusted EBITDA - QTR
Non-GAAP Reconciliation EBITDA and Adjusted EBITDA - QTR PERFORMANCE THROUGH PRECISION
Slide 16: Reconciliation of Adjusted Gross Profit by Segment
Reconciliation of Adjusted Gross Profit by Segment Fiscal quarter ended In $ thousands except margin data April 4, 2026 March 29, 2025 December 31, 2025 Sensors As reported - GAAP $ 11,588 $ 8,146 $ 8,665 As reported - GAAP Margins 34.8 % 30.1 % 28.5 % Start-up costs — 187 — As Adjusted - Non GAAP $
Slide 17: Quarterly Market Trends
QUARTERLY MARKET TRENDS Consolidated Revenue by Market* Amounts in $ millions 20.0 18.0 $17.8 $16.9 16.0 $16.4 $16.1 $15.5 $14.8 $14.8 14.0 $14.7 $14.7 $14.1 $14.1 $13.8 $13.5 12.0 $11.8 $11.3 10.0 $9.8 $9.5 $9.3 $9.1 $8.9 8.0 $7.9 $7.3 $7.3 $7.3 6.0 $6.5 $6.4 $5.7 $5.6 4.0 2.0 0.0 Test & Avionics,
Slide 18: VPG Sustainability
VPG Sustainability Projects Underway: • Climate Risk Assessment • Sustainability Report 2024-2025 Key Past Milestones: • Greenhouse Gas Goals/Target Setting • Updated ESG Website with 2024 Data • Published Corporate Social Responsibility, Customer Safety and Health and Product Use and End of Life Po
Vishay Precision Group — Q1 2026 Earnings Presentation on 6ix