### @VPG — Confirmed — from the Q1 2026 quarterly filing and earnings call
I would say Q1 2026 revenue was $84.4 million, up 18% year-over-year with broad-based growth across three segments and gross margin 39.0% from 37.7%. At this point in time, a small GAAP net loss of $(0.3) million: Q1 seasonally weakest, roughly $5 million new organizational cost, unfavorable FX. GAAP tax rate 81.2% versus about 31.5% operationally. Adjusted EBITDA $5.9 million, about 7% of revenue. Loss narrowed from a year ago. Q2 guided $85-90 million.
- tier: Confirmed (✓)
- source: VPG / The quarter: revenue up, GAAP still a loss
- receipt: https://ticker.thevixguy.com/p/p-day-20260718-vpg-src-vpg-q1-2026-quarter-rotation
- posted: 2026-07-18T09:28:37.708Z
