Vicor Corporation logo

Vicor Corporation

VICR

NASDAQTechnologyHardware, Equipment & Parts

Previous close

$200.54

−$7.10 · -3.42%

Aug 21, 4:00 PM ET

VICR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

24

Expensive

Momentum

41

Neutral

Sentiment

60

Mixed

Risk resilience

35

High Risk

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Company profile

Company website

Vicor Corporation, along with its various subsidiaries, specializes in the conceptualization, manufacturing, and global distribution of modular power components and systems. These offerings are engineered to efficiently convert electrical power for a wide range of applications. The company operates internationally, serving markets across the United States, Europe, the Asia Pacific region, and beyond. Its product portfolio encompasses brick-format DC-DC converters, a selection of complementary components, and devices designed for managing input/output voltage and output power, in addition to vital electrical and mechanical accessories. Vicor also delivers custom-engineered power system solutions tailored to specific client requirements. The company caters to a diverse customer base, including independent manufacturers of electronic devices, original equipment manufacturers (OEMs), and their associated contract manufacturers. These clients are active in critical sectors such as aerospace and aviation, defense electronics, industrial automation and equipment, instrumentation, test equipment, solid-state lighting, telecommunications and networking infrastructure, and the vehicles and transportation industries. Established in 1981, Vicor Corporation is headquartered in Andover, Massachusetts.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Patrizio Vinciarelli
Listed since
Apr 3, 1990
Employees
1,092

Market position

Day range

Current $200.54

52-week range

Current $200.54

Open
$211.06
Previous close
$207.64
Volume
513.75K
0.56× average
Average volume
912.16K
Average daily volume
Market cap
9.09B USD
Beta
2.38
Market reference 1
50-day average
$259.84
-22.82% below average
200-day average
$197.47
+1.55% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
62.87×
P/B (TTM)
11.04×
P/S (TTM)
19.18×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
56.63%
Operating margin
18.64%
Net margin
30.65%

Financial health

Debt / equity
0.01×
Altman Z-score
94.12
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends58%37%16%-6%Gross margin, FY2021: 49.59%Gross margin, FY2022: 45.24%Gross margin, FY2023: 50.59%Gross margin, FY2024: 51.24%Gross margin, FY2025: 52.59%Operating margin, FY2021: 15.47%Operating margin, FY2022: 6.82%Operating margin, FY2023: 12.68%Operating margin, FY2024: -0.36%Operating margin, FY2025: 9.03%Net margin, FY2021: 15.76%Net margin, FY2022: 6.38%Net margin, FY2023: 13.23%Net margin, FY2024: 1.71%Net margin, FY2025: 29.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.59%. Gross margin FY2022 45.24%. Gross margin FY2023 50.59%. Gross margin FY2024 51.24%. Gross margin FY2025 52.59%. Operating margin FY2021 15.47%. Operating margin FY2022 6.82%. Operating margin FY2023 12.68%. Operating margin FY2024 -0.36%. Operating margin FY2025 9.03%. Net margin FY2021 15.76%. Net margin FY2022 6.38%. Net margin FY2023 13.23%. Net margin FY2024 1.71%. Net margin FY2025 29.08%.

Income trends

Revenue

407.7M USD+13.55%

Operating income

36.83M USD+38.14M USD

Net income

118.56M USD+1834.34%
Income trends across reported periods448.6M USD285M USD121.39M USD−42.21M USDRevenue, FY2021: 359.36M USDRevenue, FY2022: 399.08M USDRevenue, FY2023: 405.06M USDRevenue, FY2024: 359.06M USDRevenue, FY2025: 407.7M USDOperating income, FY2021: 55.6M USDOperating income, FY2022: 27.2M USDOperating income, FY2023: 51.36M USDOperating income, FY2024: −1.31M USDOperating income, FY2025: 36.83M USDNet income, FY2021: 56.63M USDNet income, FY2022: 25.45M USDNet income, FY2023: 53.6M USDNet income, FY2024: 6.13M USDNet income, FY2025: 118.56M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 359.36M USD. Revenue FY2022 399.08M USD. Revenue FY2023 405.06M USD. Revenue FY2024 359.06M USD. Revenue FY2025 407.7M USD. Operating income FY2021 55.6M USD. Operating income FY2022 27.2M USD. Operating income FY2023 51.36M USD. Operating income FY2024 −1.31M USD. Operating income FY2025 36.83M USD. Net income FY2021 56.63M USD. Net income FY2022 25.45M USD. Net income FY2023 53.6M USD. Net income FY2024 6.13M USD. Net income FY2025 118.56M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue407.7M USD359.06M USD405.06M USD399.08M USD359.36M USD
Cost of goods sold193.27M USD175.06M USD200.13M USD218.52M USD181.16M USD
Gross profit214.43M USD184M USD204.93M USD180.56M USD178.2M USD
Research and development78.57M USD68.92M USD67.86M USD60.59M USD53.11M USD
Selling, general, and administrative99.03M USD96.89M USD85.71M USD86.26M USD69.48M USD
Operating expenses177.6M USD185.31M USD153.57M USD153.36M USD122.6M USD
Interest income12.13M USD11.47M USD8.22M USD1.31M USD930K USD
Depreciation and amortization20.79M USD18.63M USD17.24M USD13.78M USD11.71M USD
Operating income36.83M USD−1.31M USD51.36M USD27.2M USD55.6M USD
Net income118.56M USD6.13M USD53.6M USD25.45M USD56.63M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+40.40%
11 comparable reports
Latest EPS result
1.04
Estimate 0.65 · Beat by 59.51%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.120.760.410.05Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.23, estimate 0.18, surprise +27.78%, Beat. Q2 2025, reported Apr 29, 2025: actual 0.06, estimate 0.29, surprise -79.31%, Miss. Q3 2025, reported Jul 22, 2025: actual 0.91, estimate 0.2, surprise +355.00%, Beat. Q4 2025, reported Oct 21, 2025: actual 0.63, estimate 0.477, surprise +32.16%, Beat. Q1 2026, reported Feb 19, 2026: actual 1.01, estimate 0.38, surprise +165.79%, Beat. Q2 2026, reported Apr 21, 2026: actual 0.44, estimate 0.374, surprise +17.68%, Beat. Q3 2026, reported Jul 21, 2026: actual 1.04, estimate 0.652, surprise +59.51%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 0.853, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates164.53M137.92M111.31M84.71MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 96.17M USD, estimate 91.03M USD, surprise +5.64%, Beat. Q2 2025, reported Apr 29, 2025: actual 93.97M USD, estimate 96.63M USD, surprise -2.76%, Miss. Q3 2025, reported Jul 22, 2025: actual 96.05M USD, estimate 95.4M USD, surprise +0.68%, Beat. Q4 2025, reported Oct 21, 2025: actual 110.42M USD, estimate 107.78M USD, surprise +2.46%, Beat. Q1 2026, reported Feb 19, 2026: actual 107.26M USD, estimate 107.78M USD, surprise -0.47%, Miss. Q2 2026, reported Apr 21, 2026: actual 112.97M USD, estimate 109.35M USD, surprise +3.31%, Beat. Q3 2026, reported Jul 21, 2026: actual 143.35M USD, estimate 138.37M USD, surprise +3.60%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 158.2M USD, surprise —, Comparison unavailable.

VICR news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.30

2008 complete year+11.1% since 2006

Corporate action history

Dividend

Ex-dividend Aug 5, 2011

$0.15

Annual

Record Aug 9, 2011 · Payment Aug 31, 2011

Dividend

Ex-dividend Jul 14, 2010

$0.30

Special

Record Jul 16, 2010 · Payment Jul 30, 2010

Dividend

Ex-dividend Aug 21, 2008

$0.15

Semi-Annual

Record Aug 25, 2008 · Payment Sep 10, 2008

Dividend

Ex-dividend Mar 31, 2008

$0.15

Special

Record Apr 2, 2008 · Payment Apr 18, 2008

Dividend

Ex-dividend Aug 10, 2007

$0.15

Semi-Annual

Record Aug 14, 2007 · Payment Aug 30, 2007

Dividend

Ex-dividend Mar 7, 2007

$0.15

Special

Record Mar 9, 2007 · Payment Mar 27, 2007

VICR peers

ETFs holding VICR

Funds reporting this stock among their holdings, ordered by reported position size.

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