Vishay Precision Group (VPG) investor relations material

Executive summary

• Q3 2025 revenue was $79.7 million, up 6.1% sequentially and 5.3% year-over-year, with a book-to-bill ratio of 1.00 for the fourth consecutive quarter.

• Adjusted net earnings per diluted share rose to $0.26, and adjusted EBITDA was $9.2 million (11.5% margin).

• A $5.5 million gain from a building sale contributed to reported operating income and was used to pay down debt.

• Two new C-suite roles—Chief Business and Product Officer and Chief Operating Officer—were created to support growth and operational excellence.

• Operations in Israel, accounting for about 30% of revenues, remain open despite regional conflicts, with contingency plans in place.

Financial highlights

• Gross profit margin was 40.3%, with adjusted gross margin at 40.5%.

• Adjusted operating margin improved to 6.2% from both Q2 and the prior year.

• Net earnings attributable to shareholders were $7.8 million ($0.59 per diluted share); adjusted net earnings were $3.5 million ($0.26 per share).

• Adjusted free cash flow for Q3 was $7.4 million; cash and equivalents at quarter-end were $86.3 million, with net cash of $65.8 million.

• Total long-term debt reduced to $20.6 million from $31.5 million sequentially.

Outlook and guidance

• Q4 2025 net revenues are expected between $75–$81 million at constant Q3 exchange rates.

• Continued focus on business development, especially in humanoid robotics and new applications.

• Targeted annual fixed cost reductions of $5 million remain on track.

• Management expects continued growth opportunities driven by demand for precision measurement and sensing technologies.

• Operational tax rate forecasted at 28% for full year 2025.