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Side-by-side financial comparison of Vishay Precision Group, Inc. (VPG) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Zai Lab Ltd is the larger business by last-quarter revenue ($127.1M vs $80.6M, roughly 1.6× Vishay Precision Group, Inc.). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 10.9%). Vishay Precision Group, Inc. produced more free cash flow last quarter ($1.4M vs $-26.7M). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% CAGR vs -0.1%).

Vishay Intertechnology, Inc. is an American manufacturer of discrete semiconductors and passive electronic components founded by Polish-born businessman Felix Zandman. Vishay has manufacturing plants in Israel, Asia, Europe, and the Americas where it produces rectifiers, diodes, MOSFETs, optoelectronics, selected integrated circuits, resistors, capacitors, and inductors. Vishay Intertechnology revenues for 2024 were $2.9 billion. At the end of 2024, Vishay had approximately 22,700 full-time e...

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

VPG vs ZLAB — Head-to-Head

Bigger by revenue
ZLAB
ZLAB
1.6× larger
ZLAB
$127.1M
$80.6M
VPG
Growing faster (revenue YoY)
ZLAB
ZLAB
+6.2% gap
ZLAB
17.1%
10.9%
VPG
More free cash flow
VPG
VPG
$28.0M more FCF
VPG
$1.4M
$-26.7M
ZLAB
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
-0.1%
VPG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
VPG
VPG
ZLAB
ZLAB
Revenue
$80.6M
$127.1M
Net Profit
$-1.9M
Gross Margin
36.8%
51.0%
Operating Margin
1.3%
-54.6%
Net Margin
-2.4%
Revenue YoY
10.9%
17.1%
Net Profit YoY
-381.8%
EPS (diluted)
$-0.14
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VPG
VPG
ZLAB
ZLAB
Q4 25
$80.6M
$127.1M
Q3 25
$79.7M
$115.4M
Q2 25
$75.2M
$109.1M
Q1 25
$71.7M
$105.7M
Q4 24
$72.7M
$108.5M
Q3 24
$75.7M
$101.8M
Q2 24
$77.4M
$100.1M
Q1 24
$80.8M
$87.1M
Net Profit
VPG
VPG
ZLAB
ZLAB
Q4 25
$-1.9M
Q3 25
$7.9M
$-36.0M
Q2 25
$248.0K
$-40.7M
Q1 25
$-942.0K
$-48.4M
Q4 24
$688.0K
Q3 24
$-1.4M
$-41.7M
Q2 24
$4.6M
$-80.3M
Q1 24
$5.9M
$-53.5M
Gross Margin
VPG
VPG
ZLAB
ZLAB
Q4 25
36.8%
51.0%
Q3 25
40.3%
59.5%
Q2 25
40.7%
60.6%
Q1 25
37.7%
63.6%
Q4 24
38.2%
61.5%
Q3 24
40.0%
64.1%
Q2 24
41.9%
64.9%
Q1 24
43.4%
61.4%
Operating Margin
VPG
VPG
ZLAB
ZLAB
Q4 25
1.3%
-54.6%
Q3 25
12.7%
-42.3%
Q2 25
3.6%
-50.3%
Q1 25
-0.1%
-53.3%
Q4 24
0.3%
-62.6%
Q3 24
5.1%
-66.6%
Q2 24
7.6%
-76.0%
Q1 24
8.6%
-80.7%
Net Margin
VPG
VPG
ZLAB
ZLAB
Q4 25
-2.4%
Q3 25
9.9%
-31.2%
Q2 25
0.3%
-37.3%
Q1 25
-1.3%
-45.8%
Q4 24
0.9%
Q3 24
-1.8%
-40.9%
Q2 24
6.0%
-80.2%
Q1 24
7.3%
-61.4%
EPS (diluted)
VPG
VPG
ZLAB
ZLAB
Q4 25
$-0.14
$-0.05
Q3 25
$0.59
$-0.03
Q2 25
$0.02
$-0.04
Q1 25
$-0.07
$-0.04
Q4 24
$0.06
$-0.09
Q3 24
$-0.10
$-0.04
Q2 24
$0.34
$-0.08
Q1 24
$0.44
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VPG
VPG
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$87.4M
$689.6M
Total DebtLower is stronger
$20.6M
Stockholders' EquityBook value
$336.4M
$715.5M
Total Assets
$455.9M
$1.2B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VPG
VPG
ZLAB
ZLAB
Q4 25
$87.4M
$689.6M
Q3 25
$86.3M
$717.2M
Q2 25
$90.4M
$732.2M
Q1 25
$757.3M
Q4 24
$79.3M
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Total Debt
VPG
VPG
ZLAB
ZLAB
Q4 25
$20.6M
Q3 25
$20.6M
Q2 25
$31.5M
Q1 25
Q4 24
$31.4M
Q3 24
$31.4M
Q2 24
$31.9M
Q1 24
$31.9M
Stockholders' Equity
VPG
VPG
ZLAB
ZLAB
Q4 25
$336.4M
$715.5M
Q3 25
$337.8M
$759.9M
Q2 25
$331.2M
$791.7M
Q1 25
$325.0M
$810.8M
Q4 24
$322.0M
$840.9M
Q3 24
$330.6M
$667.7M
Q2 24
$327.0M
$704.2M
Q1 24
$327.9M
$762.2M
Total Assets
VPG
VPG
ZLAB
ZLAB
Q4 25
$455.9M
$1.2B
Q3 25
$462.3M
$1.2B
Q2 25
$465.6M
$1.2B
Q1 25
$453.8M
$1.2B
Q4 24
$450.9M
$1.2B
Q3 24
$462.5M
$985.3M
Q2 24
$462.8M
$987.4M
Q1 24
$466.2M
$988.4M
Debt / Equity
VPG
VPG
ZLAB
ZLAB
Q4 25
0.06×
Q3 25
0.06×
Q2 25
0.10×
Q1 25
Q4 24
0.10×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VPG
VPG
ZLAB
ZLAB
Operating Cash FlowLast quarter
$4.4M
$-26.0M
Free Cash FlowOCF − Capex
$1.4M
$-26.7M
FCF MarginFCF / Revenue
1.7%
-21.0%
Capex IntensityCapex / Revenue
3.8%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$6.4M
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VPG
VPG
ZLAB
ZLAB
Q4 25
$4.4M
$-26.0M
Q3 25
$-1.3M
$-32.0M
Q2 25
$6.0M
$-31.0M
Q1 25
$5.2M
$-61.7M
Q4 24
$6.8M
$-55.8M
Q3 24
$-831.0K
$-26.8M
Q2 24
$7.5M
$-42.2M
Q1 24
$6.4M
$-90.1M
Free Cash Flow
VPG
VPG
ZLAB
ZLAB
Q4 25
$1.4M
$-26.7M
Q3 25
$-3.5M
$-35.0M
Q2 25
$4.7M
$-33.9M
Q1 25
$3.7M
$-63.2M
Q4 24
$4.6M
$-58.4M
Q3 24
$-2.6M
$-28.2M
Q2 24
$4.9M
$-42.9M
Q1 24
$3.8M
$-91.1M
FCF Margin
VPG
VPG
ZLAB
ZLAB
Q4 25
1.7%
-21.0%
Q3 25
-4.3%
-30.4%
Q2 25
6.3%
-31.1%
Q1 25
5.2%
-59.9%
Q4 24
6.3%
-53.8%
Q3 24
-3.5%
-27.7%
Q2 24
6.3%
-42.9%
Q1 24
4.7%
-104.5%
Capex Intensity
VPG
VPG
ZLAB
ZLAB
Q4 25
3.8%
0.5%
Q3 25
2.8%
2.6%
Q2 25
1.7%
2.6%
Q1 25
2.1%
1.5%
Q4 24
3.0%
2.4%
Q3 24
2.4%
1.3%
Q2 24
3.4%
0.7%
Q1 24
3.2%
1.1%
Cash Conversion
VPG
VPG
ZLAB
ZLAB
Q4 25
Q3 25
-0.16×
Q2 25
24.04×
Q1 25
Q4 24
9.85×
Q3 24
Q2 24
1.62×
Q1 24
1.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

VPG
VPG

Other$38.6M48%
Sensors Segment$14.1M18%
Measurement Systems Segment$13.0M16%
Weighing Solutions Segment$11.3M14%
IL$3.5M4%

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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