Vicor Corporation
NASDAQ•VICR
CEO: Dr. Patrizio Vinciarelli Ph.D.
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1990-04-03
Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories. It also design, sells, and service custom power systems solutions. The company serves independent manufacturers of electronic devices, original equipment manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, satellites, factory automation, instrumentation, test equipment, transportation, telecommunications and networking infrastructure and vehicles, and transportation markets. Vicor Corporation was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Contact Information
Market Cap
$9.82B
P/E (TTM)
83.1
25.9
Dividend Yield
--
52W High
$224.76
52W Low
$38.92
52W Range
Rank42Top 47.5%
3.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$107.26M+0.00%
4-Quarter Trend
EPS
$1.03+0.00%
4-Quarter Trend
FCF
$10.17M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Increased 13.5% Total net revenues reached $407.7M in 2025, marking a 13.5% increase from $359.1M reported in 2024.
Net Income Soared Significantly Net income for 2025 was $118.6M, a substantial rise from $6.1M in 2024, resulting in $2.61 diluted EPS.
Advanced Products Drive Growth Advanced Products revenue grew 26.0% to $248.6M, contrasting with a slight 1.6% decrease in Brick Products revenue.
Backlog Visibility Improved Order backlog increased to $176.9M by December 31, 2025, up from $155.5M the prior year, signaling future demand.
Risk Factors
Tariff Costs Increased Sharply Costs associated with Section 301 Tariffs rose 76.1% to $7.4M in 2025, negatively impacting gross profit margins.
Reliance on Key Suppliers Inability to secure sufficient raw materials from single-source vendors could disrupt production and negatively impact revenue.
Customer Revenue Concentration Strategic focus on large OEMs/ODMs means future results may be disproportionately influenced by a limited number of customers.
Intellectual Property Disputes Risk Vigorous defense of proprietary technology requires significant financial resources and litigation outcomes are uncertain.
Outlook
Focus on Advanced Architectures Strategy emphasizes continued organizational transition toward high-growth market segments utilizing proprietary FPA technology.
Increased R&D Investment Research and development expenses increased 14.0% to $78.6M, supporting innovation in high-performance power solutions.
Capital Investment for Expansion Capital expenditures of $20.3M were made, funding ongoing investments for expanding manufacturing capacity at Andover facility.
Targeting High-Volume OEMs Direct sales force focuses on higher-volume opportunities with global OEMs, ODMs, and contract manufacturers for Advanced Products.
Peer Comparison
Revenue (TTM)
$23.15B
$7.26B
$4.13B
Gross Margin (Latest Quarter)
62.7%
60.2%
55.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| VICR | $9.82B | 83.1 | 18.7% | 1.6% |
| ESE | $8.16B | 26.8 | 21.3% | 7.9% |
| PLXS | $6.12B | 34.6 | 12.4% | 6.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.5%
Moderate Growth
4Q Net Income CAGR
163.7%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 21, 2026
EPS:$0.39
|Revenue:$109.05M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data