VPG humanoid robotics orders surge as bookings top $100M

Vishay Precision Group (NYSE:VPG) reported a 17.6% increase in first-quarter revenue, bolstered by an emerging foothold in the humanoid robotics market and surging demand for precision sensors in AI infrastructure.

The Malvern, Pennsylvania-based sensing technology firm generated $84.4 million in the fiscal period ended April 4, 2026, marking a 4.7% sequential improvement.

Operational momentum was most visible in the company’s bookings, which reached $102.1 million—the third-highest quarterly level in VPG’s history.

This resulted in a robust book-to-bill ratio of 1.21.

Growth was particularly pronounced in the Sensors segment, where orders jumped 29% sequentially due to aggressive procurement from semiconductor equipment makers, data centers, and the aerospace and defense sectors.

A significant strategic milestone was the booking of $1 million in orders specifically for humanoid robotics applications.

Management noted that it is currently in engineering discussions with a fourth humanoid developer, positioning its torque and force-sensing technologies at the center of the burgeoning "Physical AI" industry.

On the bottom line, VPG reported a GAAP diluted net loss of $0.02 per share, an improvement from a $0.07 loss a year earlier.

On an adjusted basis, which excludes restructuring and merger-related costs, the company posted diluted earnings per share of $0.07.

Adjusted EBITDA stood at $5.9 million, representing a 7.0% margin. Gross margin for the quarter was 39.0%, up from 37.7% in the prior-year period.

Looking toward the second fiscal quarter of 2026, VPG expects net revenues to range between $85 million and $90 million at constant currency.

The company ended the quarter with a strong liquidity position, holding $82.5 million in cash and cash equivalents.