Vishay Precision Group Reports Strong Q3 2026 Results Driven by Semiconductor and Data Center Demand
Vishay Precision Group (VPG) reported robust third-quarter 2026 financial results, highlighted by adjusted net revenue of $87.4 million, a 10% year-over-year increase that marks its highest quarterly level in three years. The company saw significant momentum in its Sensors segment, which grew 21% due to demand from the test and measurement markets, as well as record orders for precision resistors used in semiconductor equipment and data center infrastructure. Despite headwinds from foreign exchange impacts and a higher adjusted tax rate of 48%, VPG demonstrated strong operational efficiency with an improved adjusted gross margin of 39.3%. The company maintains a healthy backlog of $151 million and has issued optimistic guidance for the first quarter of 2027, projecting revenue of $90 million or better supported by increased manufacturing capacity.
Tickers: $VPG
Topics: adjusted eps book-to-bill ratio humanoid robotics revenue growth segment performance