Summary of Vishay Precision Group (VPG) Conference Call - March 19, 2026 Company Overview - **Company**: Vishay Precision Group (NYSE: VPG) - **Industry**: Precision sensing and measurement technologies - **Key Segments**: Sensors, Weighing Solutions, Measurement Systems Core Points and Arguments 1. **Market Opportunities**: VPG is targeting new markets such as humanoid robots, driven by trends in Physical AI, which require advanced sensing technologies [2][10] 2. **Organizational Changes**: Recent structural changes include the introduction of a Chief Business and Product Officer and a Chief Operating Officer to enhance growth and operational readiness [5][11] 3. **Financial Discipline**: The company emphasizes a disciplined financial focus, with ongoing cost reduction initiatives yielding $4.5 million in savings in 2025 and an additional $6 million targeted for 2026 [5][32] 4. **Strong Demand Indicators**: VPG has reported five consecutive quarters of book-to-bill ratios at or above 1, indicating improving demand, particularly in the Sensors segment [4] 5. **Diverse Market Presence**: The company serves a wide array of markets, including industrial applications, semiconductor testing, and avionics, holding a leading position in many niches [6] 6. **Emerging Humanoid Market**: VPG has secured nearly $2 million in prototype orders for humanoid robots, with expectations for significant growth in this area [5][14] 7. **Physical AI Trends**: The company is aligned with the growing trend of Physical AI, which is expected to revolutionize various industries, including manufacturing and logistics [10][15] 8. **Operational Improvements**: Initiatives for operational excellence include footprint optimization, automation, and procurement streamlining, aiming for $20 million in cost savings over three years [16][17] 9. **Revenue Growth Expectations**: VPG anticipates a 20% growth in business development initiatives in 2026, with a focus on high-performance sensing solutions [12][13] 10. **M&A Strategy**: The company remains open to mergers and acquisitions as a means to drive growth, looking for opportunities in both existing and new markets [41] Additional Important Content - **Safety and Employee Well-being**: The company prioritizes employee safety, especially in light of potential disruptions from geopolitical events [19][20] - **R&D Balance**: VPG maintains a strong engineering focus, balancing R&D between new sensing technologies and weighing solutions [24] - **Scalability of Measurement Systems**: The Measurement Systems segment has the highest gross margins but involves longer lead times compared to other segments [33][34] - **Future Margin Targets**: The company is updating its 3-5 year financial model, with expectations to achieve or exceed previous margin targets [35][39] - **Production Capacity Flexibility**: VPG has the capacity to expand production quickly in response to significant orders, ensuring they can meet customer demands [40] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting VPG's focus on innovation, market expansion, and operational efficiency.

Core Insights - The article compares Omron Corp. (OMRNY) and Vishay Precision (VPG) to determine which stock offers better value for investors [1] Valuation Metrics - Omron Corp. has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Vishay Precision has a Zacks Rank of 5 (Strong Sell) [3] - OMRNY has a forward P/E ratio of 24.86, significantly lower than VPG's forward P/E of 57.18 [5] - The PEG ratio for OMRNY is 0.47, suggesting it is undervalued relative to its expected earnings growth, whereas VPG has a PEG ratio of 2.86 [5] - OMRNY's P/B ratio is 0.99, indicating a favorable market value compared to its book value, while VPG's P/B ratio is 1.72 [6] - OMRNY has a Value grade of B, while VPG has a Value grade of F, reflecting OMRNY's stronger valuation metrics [6] Conclusion - Given the stronger estimate revision activity and more attractive valuation metrics, OMRNY is considered the superior option for value investors at this time [7]

CHESTERBROOK, Pa., March 05, 2026 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, will present at the following investor conferences in March 2026: March 18-19, 2026. Sidoti Virtual Conference. The company’s presentation is scheduled to begin at 10:00am ET on Thursday, March 19, 2026. A live and on-demand webcast of VPG’s presentation will be available to the public and can be accessed from the following link: www.sidoti.com, or on VP ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-34679 Vishay Precision Group, Inc. (Exact name of registrant as specified in its charter) incorporation or organ ...

Company Overview - Vishay Precision Group (VPG) is an industrial technology designer and manufacturer, focusing on three main revenue streams: sensors, weighing solutions, and measurement systems [1]. Market Sentiment - Post-earnings sentiment for VPG has been negative, with the Relative Strength Index (RSI) showing a pullback from oversold territory [1].

Core Viewpoint - Investors in the Electronics - Miscellaneous Components sector should consider Omron Corp. (OMRNY) as a more favorable option compared to Vishay Precision (VPG) for undervalued stocks [1] Group 1: Company Rankings and Valuation Metrics - Omron Corp. has a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while Vishay Precision has a Zacks Rank of 5 (Strong Sell) [3] - Omron Corp. has a forward P/E ratio of 26.84, significantly lower than Vishay Precision's forward P/E of 61.72 [5] - Omron Corp. has a PEG ratio of 0.51, while Vishay Precision's PEG ratio is 3.09, suggesting that Omron is more favorably valued in terms of expected earnings growth [5] Group 2: Additional Valuation Metrics - Omron Corp. has a P/B ratio of 1.06, compared to Vishay Precision's P/B ratio of 1.84, indicating a better market value relative to book value for Omron [6] - Based on various valuation metrics, Omron Corp. holds a Value grade of B, while Vishay Precision has a Value grade of F, reinforcing Omron's position as the superior value option [6]

Financial Data and Key Metrics Changes - Q4 2025 revenues were $80.6 million, up 11% year-over-year and 1% sequentially, marking solid execution across the portfolio [2][3] - Adjusted gross margin for Q4 was 37%, down from 40.5% in Q3, impacted by $3 million in headwinds [15][17] - GAAP net loss was $1.9 million, or $0.14 per diluted share, while adjusted diluted EPS was $0.07 [16][17] - Adjusted EBITDA was $6 million, or 7.5% of revenue, compared to $9.2 million or 11.5% of revenue in Q3 [17] Business Line Data and Key Metrics Changes - **Sensors Segment**: Q4 revenue declined 4% sequentially but was up 18% year-over-year; bookings rose 4% sequentially, resulting in a book-to-bill of 1.15 [4][5] - **Weighing Solutions Segment**: Q4 sales increased modestly from Q3 and grew 7.8% from the prior year; orders were up 14.9% sequentially, resulting in a book-to-bill of 1.02 [7][8] - **Measurement Systems Segment**: Q4 revenue was $22.4 million, up 9% sequentially and 6% year-over-year; however, orders declined 16% from Q3, resulting in a book-to-bill of 0.81 [9] Market Data and Key Metrics Changes - Total Sensors orders were up 18% in the second half of 2025 compared to the first half, with backlog at the highest level since Q3 2023 [5][6] - Weighing Solutions showed strength in precision agriculture, medical, construction, and e-bike applications, while transportation orders increased for onboard weighing systems [8] Company Strategy and Development Direction - The company is focusing on accelerating growth through the creation of two new senior executive positions: the Office of the Chief Business and Product Officer and the Office of Chief Operating Officer [10][11] - Aiming for a mid- to high-single-digit revenue growth in 2026, with a target of $45 million from business development initiatives, representing a 20% increase from 2025 [14][39] - Emphasis on Physical AI technologies and humanoid robotics as key growth areas, with expectations for continued momentum in 2026 [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding recovery in the marketplace, particularly in the Sensors and Weighing Solutions segments, despite softness in the steel market [21][22] - Anticipated improved gross margins in Q1 2026, with no lingering impacts from unusual headwinds identified in Q4 [23][27] - The company is prepared to support customer production demands in the humanoid robotics market, which is expected to see significant developments in 2026 [6][7] Other Important Information - The company generated adjusted free cash flow of $1.3 million in Q4, down from $7.4 million in Q3 [17] - As of the end of Q4, the cash position was $87.4 million, with long-term debt of $20.6 million, resulting in a net cash position of $66.8 million [18] Q&A Session Summary Question: Revenue guidance and its bias towards the sensor segment - Management is optimistic about recovery signs in the marketplace, particularly in Sensors, and expects higher revenues in the second half of the year [21][22] Question: Gross margin impact and lingering effects - Management identified a $3 million unusual effect in Q4, which is not expected to persist into Q1, leading to improved gross margins [23][27] Question: Organizational changes and financial targets - The new organizational structure aims to standardize processes and improve operational efficiency, with expected cost savings of $6 million in 2026 [36][39] Question: Details on new humanoid development customer - The new customer is smaller and still in the design stage, with no clear timeline for ramp-up, but the company is prepared to support them [40][41] Question: Discussions with other humanoid developers - The company is in dialogue with multiple humanoid manufacturers and hopes to report prototype orders from them in the future [42]

Financial Data and Key Metrics Changes - Q4 2025 revenues were $80.6 million, up 11% year-over-year and 1% sequentially, reflecting solid execution across the portfolio [3][4] - Adjusted gross margin for Q4 was 37%, down from 40.5% in Q3, impacted by $3 million of headwinds [16][18] - GAAP net loss was $1.9 million, or $0.14 per diluted share, with adjusted diluted EPS at $0.07 [18] Business Line Data and Key Metrics Changes - **Sensors Segment**: Q4 revenue declined 4% sequentially but was up 18% year-over-year; bookings rose 4% sequentially, resulting in a book-to-bill of 1.15 [5][6] - **Weighing Solutions Segment**: Q4 sales increased 7.8% year-over-year, with orders up 14.9% sequentially, resulting in a book-to-bill of 1.02 [8][9] - **Measurement Systems Segment**: Q4 revenue was $22.4 million, up 9% sequentially and 6% year-over-year; however, orders declined 16% from Q3, resulting in a book-to-bill of 0.81 [10] Market Data and Key Metrics Changes - Total Sensors orders were up 18% in the second half of 2025 compared to the first half, with backlog at the highest level since Q3 2023 [6] - Weighing Solutions showed strength in precision ag, medical, construction, and e-bike applications, while transportation orders increased for onboard weighing systems [9] Company Strategy and Development Direction - The company is focusing on accelerating growth through the creation of new senior executive positions, including the Office of the Chief Business and Product Officer and the Office of Chief Operating Officer [11][12] - Aiming for a mid- to high-single-digit revenue growth in 2026, with a target of $45 million from business development initiatives, representing a 20% increase from 2025 [15][40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding recovery in the marketplace, particularly in the Sensors segment, with expectations for higher revenues in Q2 [22][23] - The company anticipates improved gross margins moving into Q1 2026, as identified one-time impacts are not expected to persist [28] Other Important Information - The company generated adjusted free cash flow of $1.3 million in Q4, down from $7.4 million in Q3 [18] - The cash position at the end of Q4 was $87.4 million, with long-term debt of $20.6 million, providing ample liquidity for business requirements and potential M&A [19] Q&A Session Summary Question: Revenue guidance and its bias towards the sensor segment - Management is optimistic about recovery signs in the marketplace, particularly in Sensors, and expects higher revenues in the second half of the year [22][23] Question: Gross margin impact and lingering effects - Management identified a $3 million unusual effect in Q4, which is not expected to persist into Q1 2026, leading to improved gross margins [24][28] Question: Organizational changes and financial targets - The new organizational structure aims to standardize processes and improve operational efficiency, with expected cost savings of $6 million in 2026 [39][40] Question: Details on new humanoid development customer - The new customer is smaller and still in the design stage, with no clear timeline for scaling up production [42] Question: Discussions with other humanoid developers - Management is in dialogue with multiple humanoid manufacturers and hopes to report prototype orders from them in the future [43]

Financial Data and Key Metrics Changes - Q4 2025 revenues were $80.6 million, an increase of 11% year-over-year and 1% sequentially, reflecting solid execution across the portfolio [3][4] - Adjusted gross margin for Q4 was 37%, down from 40.5% in Q3, impacted by $3 million of headwinds including unfavorable product mix and inventory reductions [15][16] - GAAP net loss was $1.9 million, or $0.14 per diluted share, while adjusted diluted EPS was $0.07 [16][17] - Adjusted EBITDA was $6 million, or 7.5% of revenue, compared to $9.2 million or 11.5% of revenue in Q3 [17] Business Line Data and Key Metrics Changes - **Sensors Segment**: Q4 revenue declined 4% sequentially but was up 18% year-over-year. Bookings rose 4% sequentially, resulting in a book-to-bill of 1.15 [5][6] - **Weighing Solutions Segment**: Q4 sales increased modestly from Q3 and grew 7.8% year-over-year, with orders up 14.9% sequentially to $28.2 million, resulting in a book-to-bill of 1.02 [8][9] - **Measurement Systems Segment**: Q4 revenue was $22.4 million, up 9% sequentially and 6% year-over-year, but orders declined 16% from Q3, resulting in a book-to-bill of 0.81 [10] Market Data and Key Metrics Changes - Total Sensors orders were up 18% in the second half of 2025 compared to the first half, with backlog at the highest level since Q3 2023 [6] - Weighing Solutions showed strength in precision agriculture, medical, construction, and e-bike applications, while transportation orders increased for onboard weighing systems [9] - Measurement Systems saw record-high sales for R&D tools related to new metal alloys and higher sales in avionics testing [10] Company Strategy and Development Direction - The company is focusing on accelerating growth through the creation of new senior executive positions aimed at refining sales and product development processes [11][12] - A key trend driving long-term opportunities is the emergence of Physical AI technologies, with the company looking to provide solutions in humanoids and autonomous logistics [13] - The company has set an internal goal to grow top line revenue in the mid- to high-single digits for 2026, targeting $45 million from business development initiatives, a 20% increase from 2025 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding recovery in the marketplace, particularly in the Sensors segment, with expectations for higher revenues in Q2 2026 [20][21] - The company anticipates improved gross margins moving into Q1 2026, as certain one-time impacts from Q4 are not expected to recur [22][26] - Management highlighted ongoing hiring in the Sensors segment to meet demand from test and measurement, avionics, military, and space applications [46] Other Important Information - The company generated adjusted free cash flow of $1.3 million for Q4, compared to $7.4 million in Q3, with a cash position of $87.4 million at the end of Q4 [17][18] - The company expects an additional $3 million in SG&A costs in 2026 to support the new organizational structure and IT platforms, with a net effect of $1 million to support the new organization [13] Q&A Session Summary Question: Revenue guidance and its bias towards the sensor segment - Management is optimistic about recovery signs in the marketplace, particularly in the Sensors segment, and expects higher revenues mainly in sensors starting Q2 [20][21] Question: Gross margin impact and lingering effects - Management identified a $3 million unusual effect in Q4, which is not expected to recur in Q1, leading to improved gross margins [22][26] Question: Organizational changes and growth prospects - The new organizational structure aims to standardize processes and improve operational efficiency, with expected cost savings of $6 million in 2026 [35][37] Question: New humanoid development customer details - The new customer is smaller and still in the design stage, with no clear timeline for scaling up production [40] Question: Discussions with other humanoid developers - The company is in dialogue with multiple humanoid manufacturers and hopes to report prototype orders from them in the future [41]

4Q25 Earnings Call This presentation includes discussion of adjusted free cash flow, adjusted gross profit and adjusted operating income and their corresponding margins, as well as adjusted net earnings, EBITDA, adjusted EBITDA, and adjusted net diluted earnings per share. These are financial measures that were not prepared in accordance with generally accepted accounting principles in the United States (non-GAAP measures). Management believes that these non-GAAP measures are useful to investors because eac ...