VPG Reports Fiscal 2025 Third Quarter Results
Vishay Precision Group, Inc. (VPG), a leader in precision measurement and sensing technologies, has released its financial results for the third quarter of fiscal 2025, ending September 27, 2025. The company has also announced the addition of two new C-Suite positions to support its growth and operational excellence.
Financial Highlights
For the third quarter of fiscal 2025, VPG reported net revenues of $79.7 million, marking a 5.3% increase compared to the same period last year. The gross profit margin improved slightly to 40.3% from 40.0%, while the adjusted gross profit margin was 40.5%. Operating margin saw a significant rise to 12.7% from 5.1% in the previous year. Diluted net earnings per share were $0.59, a notable improvement from a diluted net loss per share of $0.10 in the third quarter of fiscal 2024. Adjusted diluted net earnings per share also increased to $0.26 from $0.19.
Business and Operational Highlights
VPG's Sensors segment reported a revenue increase of 12.1% year-over-year, driven by higher sales of precision resistors and strain gages. The Weighing Solutions segment saw a 9.4% increase in revenue, primarily due to higher sales in the Transportation market. However, the Measurement Systems segment experienced an 8.0% decrease in revenue year-over-year, attributed to decreased revenue in the AMS market.
Strategic Initiatives and Corporate Developments
The company completed the sale of a building on July 10, 2025, generating $10.8 million in proceeds, which were used to pay down debt. This transaction resulted in a gain of approximately $5.5 million, or $0.36 per diluted share, in the third quarter of fiscal 2025.
To further support its growth strategy, VPG has appointed Yair Alcobi as Chief Business and Product Officer and Rafi Ouzan as Chief Operating Officer. These new roles are expected to enhance the company's focus on sales, marketing, product development, and operational efficiency.
Management's Perspective
Ziv Shoshani, CEO of VPG, expressed satisfaction with the company's performance, highlighting the sequential and year-over-year growth in sales. He noted the strength in the Sensors segment and the company's solid balance sheet, with a net cash position of $66 million. Shoshani also emphasized the company's ongoing business development initiatives, including opportunities in humanoid robots.
Future Outlook
Looking ahead, VPG expects net revenues for the fourth fiscal quarter of 2025 to be in the range of $75 million to $81 million, based on current market conditions and foreign currency exchange rates.
Original SEC Filing: Vishay Precision Group, Inc. [ VPG ] - 8-K - Nov. 04, 2025