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Vicor (VICR) Financials

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$275.14 -5.20 (-1.86%)
As of 10:46 AM Eastern
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Annual Income Statements for Vicor

Annual Income Statements for Vicor

This table shows Vicor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
4.93 -6.25 0.17 32 14 18 57 25 54 6.13 119
Consolidated Net Income / (Loss)
5.16 -6.26 0.26 32 14 18 57 25 54 6.14 119
Net Income / (Loss) Continuing Operations
5.16 -6.26 0.26 32 14 18 57 25 54 6.14 119
Total Pre-Tax Income
-0.24 -6.03 -0.10 33 15 18 57 29 60 10 95
Total Operating Income
-0.27 -6.31 -1.36 32 14 17 56 27 51 -1.31 82
Total Gross Profit
100 91 102 139 123 131 178 181 205 184 259
Total Revenue
220 200 228 291 263 297 359 399 405 359 453
Operating Revenue
220 200 228 291 263 297 359 399 405 359 453
Total Cost of Revenue
121 109 126 152 140 165 181 219 200 175 193
Operating Cost of Revenue
121 109 126 152 140 165 181 219 200 175 193
Total Operating Expenses
100 98 103 107 109 114 123 153 154 185 178
Selling, General & Admin Expense
58 56 58 62 63 63 69 86 86 97 99
Research & Development Expense
41 42 45 44 47 51 53 61 68 69 79
Other Special Charges / (Income)
- - - - - 0.00 0.00 6.50 0.00 20 0.00
Total Other Income / (Expense), net
0.03 0.28 1.26 0.87 1.07 1.09 1.20 1.49 8.89 12 13
Other Income / (Expense), net
0.03 0.28 1.26 0.87 1.07 1.09 1.20 1.49 8.89 12 13
Income Tax Expense
-0.40 0.23 -0.36 1.09 0.78 0.54 0.18 3.26 6.64 4.35 -24
Net Income / (Loss) Attributable to Noncontrolling Interest
0.23 -0.01 0.09 0.12 0.01 0.01 0.00 -0.02 0.01 0.01 0.04
Basic Earnings per Share
$0.13 ($0.16) $0.00 $0.80 $0.35 $0.42 $1.30 $0.58 $1.21 $0.14 $2.63
Weighted Average Basic Shares Outstanding
38.75M 38.84M 39.23M 39.87M 40.33M 42.19M 43.65M 44.01M 44.32M 44.91M 45.04M
Diluted Earnings per Share
$0.13 ($0.16) $0.00 $0.78 $0.34 $0.41 $1.26 $0.57 $1.19 $0.14 $2.61
Weighted Average Diluted Shares Outstanding
39.15M 38.84M 39.93M 40.73M 41.68M 43.87M 44.97M 44.89M 45.00M 45.17M 45.45M
Weighted Average Basic & Diluted Shares Outstanding
37.90M 39M 39.51M 39.70M 40.30M 43.42M 43.93M 44.12M 44.48M 45.18M 45.37M

Quarterly Income Statements for Vicor

This table shows Vicor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
17 8.67 -14 -1.20 12 10 2.54 41 28 47 21
Consolidated Net Income / (Loss)
17 8.66 -14 -1.20 12 10 2.56 41 28 47 21
Net Income / (Loss) Continuing Operations
17 8.67 -15 -1.20 12 10 2.54 41 28 47 21
Total Pre-Tax Income
18 11 -13 3.02 9.10 12 2.99 49 23 19 20
Total Operating Income
16 7.35 -16 0.21 5.39 9.21 -0.15 45 21 16 17
Total Gross Profit
56 47 45 43 46 50 44 92 64 59 62
Total Revenue
108 93 84 86 93 96 94 141 110 107 113
Operating Revenue
108 93 84 86 93 96 94 141 110 107 113
Total Cost of Revenue
52 45 39 43 47 46 50 49 47 48 51
Operating Cost of Revenue
52 45 39 43 47 46 50 49 47 48 51
Total Operating Expenses
40 40 61 43 40 41 45 47 43 44 45
Selling, General & Admin Expense
22 23 26 23 23 24 25 28 23 23 23
Research & Development Expense
18 17 18 17 17 17 19 19 20 21 22
Total Other Income / (Expense), net
1.92 3.24 2.72 2.81 3.71 2.55 3.13 3.66 2.41 3.55 3.52
Other Income / (Expense), net
1.92 3.24 2.72 2.81 3.71 2.55 3.13 3.66 2.41 3.55 3.52
Income Tax Expense
1.04 1.93 1.07 4.22 -2.46 1.52 0.42 7.84 -4.99 -27 -0.27
Other Gains / (Losses), net
- - -0.09 - - - -0.02 - - - -0.05
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 -0.00 0.01 0.00 0.00 -0.00 0.02 0.01 0.01 - 0.01
Basic Earnings per Share
$0.37 $0.20 ($0.33) ($0.03) $0.26 $0.24 $0.06 $0.92 $0.63 $1.02 $0.45
Weighted Average Basic Shares Outstanding
44.43M 44.32M 44.52M 44.86M 45.12M 44.91M 45.22M 45.01M 44.73M 45.04M 45.47M
Diluted Earnings per Share
$0.37 $0.19 ($0.33) ($0.03) $0.26 $0.24 $0.06 $0.91 $0.63 $1.01 $0.44
Weighted Average Diluted Shares Outstanding
45.19M 45.00M 44.52M 44.86M 45.17M 45.17M 45.50M 45.08M 44.93M 45.45M 47.25M
Weighted Average Basic & Diluted Shares Outstanding
44.45M 44.48M 44.55M 45.07M 45.13M 45.18M 45.21M 44.92M 44.65M 45.37M 45.58M

Annual Cash Flow Statements for Vicor

This table details how cash moves in and out of Vicor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
7.79 -6.81 -12 18 14 77 0.45 -25 52 35 126
Net Cash From Operating Activities
11 0.54 -2.46 36 22 35 54 23 75 51 140
Net Cash From Continuing Operating Activities
11 0.54 -2.46 28 22 35 34 -10 75 51 140
Net Income / (Loss) Continuing Operations
5.16 -6.26 0.26 32 14 18 57 25 54 6.14 119
Consolidated Net Income / (Loss)
5.16 -6.26 0.26 32 14 18 57 25 54 6.14 119
Depreciation Expense
9.14 8.44 8.89 9.25 10 11 12 14 17 19 21
Non-Cash Adjustments To Reconcile Net Income
-3.34 0.48 1.72 -4.86 2.89 5.94 -13 -17 13 35 18
Changes in Operating Assets and Liabilities, net
0.50 -2.11 -13 -8.33 -5.13 -0.23 -21 -34 -9.22 -8.73 -17
Net Cash From Investing Activities
-4.27 -8.52 -13 -18 -12 -79 -44 -19 -33 -24 -20
Net Cash From Continuing Investing Activities
-4.27 -8.52 -13 -18 -12 -79 -44 -19 -33 -24 -20
Purchase of Property, Plant & Equipment
-9.09 -8.43 -13 -18 -12 -29 -48 -64 -33 -24 -20
Net Cash From Financing Activities
0.60 1.11 3.08 8.39 4.37 121 10 4.44 11 7.99 6.32
Net Cash From Continuing Financing Activities
0.60 1.11 3.08 8.39 4.37 121 10 4.44 11 7.99 6.32
Repurchase of Common Equity
- - - - - - - 0.00 0.00 -0.50 -35
Issuance of Common Equity
0.82 1.58 3.30 8.66 4.74 121 10 4.44 11 8.49 41
Effect of Exchange Rate Changes
-0.01 0.05 -0.03 0.01 0.02 0.11 - - -0.07 -0.18 -0.02
Cash Income Taxes Paid
-0.68 -0.23 -0.37 -0.74 -2.19 -0.08 -0.65 -1.26 4.15 4.30 4.86

Quarterly Cash Flow Statements for Vicor

This table details how cash moves in and out of Vicor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
24 14 -3.05 13 16 -0.13 19 42 24 40 1.44
Net Cash From Operating Activities
24 22 2.58 16 23 10 20 65 38 16 -3.94
Net Cash From Continuing Operating Activities
24 19 2.58 16 23 0.14 20 65 38 16 -3.94
Net Income / (Loss) Continuing Operations
17 8.66 -14 -1.20 12 10 2.56 41 28 47 21
Consolidated Net Income / (Loss)
17 8.66 -14 -1.20 12 10 2.56 41 28 47 21
Depreciation Expense
4.55 4.04 4.61 4.66 4.74 4.61 5.19 5.19 5.24 5.17 5.34
Non-Cash Adjustments To Reconcile Net Income
3.46 4.17 21 5.73 4.03 -5.92 4.36 3.71 5.20 4.37 -25
Changes in Operating Assets and Liabilities, net
-0.75 1.65 -8.55 6.37 2.25 -8.79 8.02 15 -0.25 -40 -5.25
Net Cash From Investing Activities
-7.66 -7.16 -7.27 -6.14 -8.46 -1.74 -4.55 -6.20 -4.02 -5.54 -12
Net Cash From Continuing Investing Activities
-7.66 -7.16 -7.27 -6.14 -8.46 -1.74 -4.55 -6.20 -4.02 -5.54 -12
Purchase of Property, Plant & Equipment
-7.66 -7.16 -7.27 -6.14 -8.46 -1.74 -4.55 -6.20 -4.02 -5.54 -12
Sale and/or Maturity of Investments
- - 0.00 - - - 0.00 - - - 0.00
Net Cash From Financing Activities
7.78 0.10 1.76 3.38 1.41 1.44 3.17 -17 -11 30 18
Net Cash From Continuing Financing Activities
7.78 0.10 1.76 3.38 1.41 1.44 3.17 -17 -11 30 18
Issuance of Common Equity
7.78 0.10 1.76 3.38 1.91 1.44 3.17 0.97 4.80 33 18
Effect of Exchange Rate Changes
-0.01 -0.04 -0.12 -0.10 0.19 - 0.08 0.06 -0.05 -0.11 -0.04

Annual Balance Sheets for Vicor

This table presents Vicor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
158 154 166 221 241 396 477 537 595 641 786
Total Current Assets
116 112 119 165 179 317 357 363 420 463 587
Cash & Equivalents
63 56 44 71 85 162 182 191 242 277 403
Accounts Receivable
26 25 34 44 38 41 55 65 53 53 61
Inventories, net
23 27 36 47 49 57 67 101 107 106 91
Other Current Assets
3.10 3.25 3.62 3.46 7.10 6.76 6.71 5.15 19 27 33
Plant, Property, & Equipment, net
37 38 41 50 57 75 116 166 158 153 148
Total Noncurrent Assets
4.59 4.72 5.54 5.58 4.71 4.46 4.47 8.29 17 25 51
Long-Term Investments
2.87 2.51 2.53 2.53 2.51 2.52 2.64 2.62 2.53 2.64 2.46
Noncurrent Deferred & Refundable Income Taxes
0.02 0.04 0.21 0.27 0.21 0.23 0.21 0.28 0.30 0.26 27
Other Noncurrent Operating Assets
1.71 2.18 2.80 2.79 1.99 1.72 1.62 5.39 14 22 21
Total Liabilities & Shareholders' Equity
158 154 166 221 241 396 477 537 595 641 786
Total Liabilities
21 23 29 37 35 45 53 73 54 71 74
Total Current Liabilities
21 22 28 36 30 41 49 65 44 62 65
Accounts Payable
7.47 7.59 9.07 16 9.01 14 21 22 12 8.74 12
Accrued Expenses
2.57 2.18 2.99 2.87 2.69 2.62 4.16 8.61 5.09 6.59 3.69
Current Deferred Revenue
1.99 3.40 5.79 5.07 5.51 7.31 7.91 13 3.16 5.31 3.43
Current Deferred & Payable Income Tax Liabilities
0.03 0.09 0.30 0.71 0.06 0.14 0.07 0.07 0.75 0.06 0.90
Current Employee Benefit Liabilities
8.35 8.97 9.89 11 10 14 13 11 11 11 12
Other Current Liabilities
0.20 - 0.00 0.55 2.26 2.23 3.02 9.61 12 30 33
Total Noncurrent Liabilities
0.86 0.82 1.27 0.98 4.93 4.57 4.21 8.02 9.61 9.01 8.69
Noncurrent Deferred Revenue
0.66 0.57 0.50 0.47 1.62 1.38 0.98 1.01 3.25 3.39 3.09
Other Noncurrent Operating Liabilities
0.14 0.25 0.77 0.51 3.31 3.20 3.23 7.01 6.36 5.62 5.61
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
136 131 136 184 206 351 424 464 541 570 712
Total Preferred & Common Equity
135 131 136 184 206 351 424 464 541 570 712
Total Common Equity
135 131 136 184 206 351 424 464 541 570 712
Common Stock
175 177 182 194 202 329 346 361 384 408 463
Retained Earnings
100 93 94 129 143 161 218 243 297 303 421
Treasury Stock
-139 -139 -139 -139 -139 -139 -139 -139 -139 -139 -171
Accumulated Other Comprehensive Income / (Loss)
-0.58 -0.56 -0.48 -0.39 -0.38 -0.20 -1.33 -0.99 -1.27 -1.50 -1.67
Noncontrolling Interest
1.05 0.21 0.31 0.43 0.31 0.34 0.31 0.25 0.24 0.22 0.26

Quarterly Balance Sheets for Vicor

This table presents Vicor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
527 544 561 584 605 613 633 665 694 710 805
Total Current Assets
358 366 379 399 428 435 451 487 515 534 599
Cash & Equivalents
182 193 204 228 239 252 268 296 339 362 404
Accounts Receivable
56 61 64 63 58 55 59 66 55 53 67
Inventories, net
94 107 107 105 112 109 106 99 95 92 95
Other Current Assets
5.48 5.03 4.53 3.98 19 20 19 26 26 26 33
Plant, Property, & Equipment, net
163 168 169 171 158 157 159 153 154 153 155
Total Noncurrent Assets
5.75 10 12 15 19 21 23 25 24 24 51
Long-Term Investments
2.55 2.63 2.59 2.61 2.62 2.60 2.64 2.66 2.58 2.41 2.51
Noncurrent Deferred & Refundable Income Taxes
0.26 0.28 0.34 0.34 0.28 0.26 0.29 0.27 0.28 0.28 28
Other Noncurrent Operating Assets
2.94 7.16 9.54 12 16 18 20 22 22 21 20
Total Liabilities & Shareholders' Equity
527 544 561 584 605 613 633 665 694 710 805
Total Liabilities
74 64 60 55 73 76 78 84 85 80 51
Total Current Liabilities
64 54 50 47 64 68 70 76 74 71 42
Accounts Payable
24 17 15 14 12 12 16 17 17 15 17
Accrued Expenses
5.75 4.78 4.28 5.44 7.08 6.17 6.43 8.56 3.35 5.44 4.43
Current Deferred Revenue
12 9.77 6.62 3.62 2.68 2.66 4.20 6.62 5.51 4.20 2.16
Current Deferred & Payable Income Tax Liabilities
0.01 0.66 0.82 1.05 1.60 3.67 0.64 0.06 2.93 0.15 0.07
Current Employee Benefit Liabilities
13 11 12 12 12 12 12 13 13 13 13
Other Current Liabilities
9.38 10 11 11 29 31 31 31 32 32 5.09
Total Noncurrent Liabilities
9.88 9.92 9.67 8.82 8.99 7.94 7.52 8.81 11 9.21 8.82
Noncurrent Deferred Revenue
2.36 3.05 2.64 2.23 2.90 2.22 1.92 3.46 4.81 3.43 3.11
Other Noncurrent Operating Liabilities
7.52 6.87 7.03 6.59 6.09 5.72 5.61 5.35 5.99 5.78 5.71
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
453 481 501 529 532 537 555 581 609 630 754
Total Preferred & Common Equity
453 480 501 529 532 537 555 580 609 630 754
Total Common Equity
453 480 501 529 532 537 555 580 609 630 754
Common Stock
358 366 369 381 390 397 403 416 420 430 468
Retained Earnings
235 254 271 288 282 281 293 305 347 375 442
Treasury Stock
-139 -139 -139 -139 -139 -139 -139 -139 -157 -173 -155
Accumulated Other Comprehensive Income / (Loss)
-1.28 -0.99 -1.20 -1.25 -1.39 -1.58 -1.20 -1.31 -1.29 -1.56 -1.70
Noncontrolling Interest
0.24 0.25 0.24 0.24 0.23 0.22 0.25 0.26 0.27 0.27 0.27

Annual Metrics And Ratios for Vicor

This table displays calculated financial ratios and metrics derived from Vicor's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 44,652,632.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 44,652,632.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 2.66
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-0.19 -4.42 -0.95 31 13 17 55 24 46 -0.77 103
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 5.19% 8.44% -0.13% 14.42%
Earnings before Interest and Taxes (EBIT)
-0.24 -6.03 -0.10 33 15 18 57 29 60 10 95
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
8.90 2.41 8.80 42 25 30 69 44 77 29 115
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1.67 -6.52 -18 9.66 5.41 -1.18 -1.47 -53 20 5.21 86
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
70 72 90 111 119 137 194 271 296 290 307
Increase / (Decrease) in Invested Capital
-1.85 2.10 17 21 7.69 18 57 77 25 -5.98 16
Book Value per Share
$3.48 $3.37 $3.46 $4.57 $5.09 $8.11 $9.68 $10.54 $12.17 $12.63 $15.94
Tangible Book Value per Share
$3.48 $3.37 $3.46 $4.57 $5.09 $8.11 $9.68 $10.54 $12.17 $12.63 $15.94
Total Capital
136 131 136 184 206 351 424 464 541 570 712
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-66 -59 -47 -73 -87 -214 -230 -193 -245 -280 -405
Capital Expenditures (CapEx)
9.03 8.43 13 18 12 29 48 64 33 24 20
Debt-free, Cash-free Net Working Capital (DFCFNWC)
32 33 47 59 64 65 80 107 134 124 119
Debt-free Net Working Capital (DFNWC)
95 90 91 129 149 276 308 298 376 401 522
Net Working Capital (NWC)
95 90 91 129 149 276 308 298 376 401 522
Net Nonoperating Expense (NNE)
-5.35 1.84 -1.21 -0.85 -1.01 -1.06 -1.20 -1.32 -7.91 -6.91 -16
Net Nonoperating Obligations (NNO)
-66 -59 -47 -73 -87 -214 -230 -193 -245 -280 -405
Total Depreciation and Amortization (D&A)
9.14 8.44 8.89 9.25 10 11 12 15 17 19 21
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.13 ($0.16) $0.00 $0.80 $0.35 $0.42 $1.30 $0.58 $1.21 $0.14 $2.63
Adjusted Weighted Average Basic Shares Outstanding
38.75M 38.84M 39.23M 39.87M 40.33M 42.19M 43.65M 44.01M 44.32M 44.91M 45.04M
Adjusted Diluted Earnings per Share
$0.13 ($0.16) $0.00 $0.78 $0.34 $0.41 $1.26 $0.57 $1.19 $0.14 $2.61
Adjusted Weighted Average Diluted Shares Outstanding
39.15M 38.84M 39.93M 40.73M 41.68M 43.87M 44.97M 44.89M 45.00M 45.17M 45.45M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
38.79M 39.08M 39.51M 40.21M 40.60M 43.42M 43.93M 44.12M 44.48M 45.18M 45.37M
Normalized Net Operating Profit after Tax (NOPAT)
-0.19 -4.42 -0.95 31 13 17 55 30 46 11 57
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Vicor

This table displays calculated financial ratios and metrics derived from Vicor's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 44,652,632.00 45,373,144.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 44,652,632.00 45,373,144.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 1.04 0.46
Growth Metrics
- - - - - - - - - - -
Revenue Growth
4.58% -12.17% -14.26% -19.57% -13.61% 3.79% 12.04% 64.29% 18.52% - 20.22%
EBITDA Growth
268.29% 8.52% -152.90% -68.11% -37.59% 11.88% 193.13% 605.96% 106.29% - 214.90%
EBIT Growth
623.36% 6.70% -208.06% -84.62% -48.36% 11.01% 122.29% 1,523.37% 156.23% - 583.52%
NOPAT Growth
567.66% -8.82% -218.99% -100.54% -53.72% 33.38% 98.87% 45,141.24% 271.10% - 13,484.32%
Net Income Growth
823.84% 7.48% -228.54% -106.99% -30.33% 18.21% 117.71% 3,547.70% 144.95% - 707.34%
EPS Growth
825.00% 5.56% -232.00% -107.89% -29.73% 26.32% 118.18% 3,133.33% 142.31% - 633.33%
Operating Cash Flow Growth
261.12% 2,217.98% -74.47% -18.25% -5.30% -53.02% 679.55% 319.02% 70.47% - -119.58%
Free Cash Flow Firm Growth
46.34% 72.85% 71.25% 126.18% 158.29% 172.75% 150.75% 362.34% 115.69% - -682.19%
Invested Capital Growth
20.19% 9.32% 1.80% -3.95% -4.61% -2.02% -2.91% -5.38% -6.70% - 23.27%
Revenue Q/Q Growth
1.03% -14.09% -9.48% 2.36% 8.52% 3.22% -2.29% 50.10% -21.71% - 5.32%
EBITDA Q/Q Growth
-7.94% -34.02% -159.99% 187.52% 80.16% 18.27% -50.06% 563.47% -47.36% - 5.49%
EBIT Q/Q Growth
-10.28% -39.89% -226.43% 122.56% 201.19% 29.22% -74.61% 1,542.95% -52.46% - 6.10%
NOPAT Q/Q Growth
-4.99% -59.33% -287.65% 99.25% 8,179.30% 17.24% -101.59% 29,925.65% -33.43% - -54.92%
Net Income Q/Q Growth
-3.03% -47.75% -266.92% 91.74% 1,066.86% -11.36% -75.00% 1,508.75% -31.31% - -55.57%
EPS Q/Q Growth
-2.63% -48.65% -273.68% 90.91% 966.67% -7.69% -75.00% 1,416.67% -30.77% - -56.44%
Operating Cash Flow Q/Q Growth
25.22% -9.68% -88.01% 502.87% 45.04% -55.19% 98.95% 224.05% -40.99% - -125.10%
Free Cash Flow Firm Q/Q Growth
19.83% 45.56% 14.77% 170.37% 78.52% -32.06% -40.53% 541.02% -16.72% - -322.48%
Invested Capital Q/Q Growth
1.29% -0.68% -2.06% -2.51% 0.58% 2.02% -2.95% -4.99% -0.81% - 13.32%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
51.81% 51.10% 53.80% 49.82% 49.10% 52.37% 47.21% 65.32% 57.52% - 55.21%
EBITDA Margin
20.56% 15.79% -10.46% 8.95% 14.86% 17.02% 8.70% 38.45% 25.86% - 22.79%
Operating Margin
14.56% 7.93% -19.21% 0.25% 5.78% 9.57% -0.16% 32.18% 18.93% - 14.95%
EBIT Margin
16.34% 11.43% -15.97% 3.52% 9.77% 12.23% 3.18% 34.77% 21.11% - 18.06%
Profit (Net Income) Margin
15.38% 9.35% -17.24% -1.39% 12.40% 10.65% 2.73% 29.21% 25.63% - 18.30%
Tax Burden Percent
94.11% 81.80% 108.00% -39.56% 126.98% 87.11% 85.80% 84.01% 121.39% - 101.34%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Effective Tax Rate
5.89% 18.20% 0.00% 139.56% -26.98% 12.89% 14.20% 15.99% -21.39% - -1.34%
Return on Invested Capital (ROIC)
20.95% 9.26% -18.28% -0.13% 8.95% 10.20% -0.18% 41.66% 36.90% - 22.71%
ROIC Less NNEP Spread (ROIC-NNEP)
20.12% 8.05% -16.83% 0.36% 7.07% 9.36% -1.17% 40.63% 35.98% - 21.70%
Return on Net Nonoperating Assets (RNNOA)
-8.92% -3.51% 7.27% -0.16% -3.27% -4.42% 0.57% -21.11% -19.28% - -11.47%
Return on Equity (ROE)
12.04% 5.76% -11.02% -0.28% 5.69% 5.79% 0.39% 20.55% 17.62% - 11.24%
Cash Return on Invested Capital (CROIC)
-1.37% 7.20% 5.20% 5.36% 4.19% 1.78% 7.37% 25.07% 32.81% - 17.52%
Operating Return on Assets (OROA)
12.29% 8.18% -10.87% 2.22% 5.71% 7.10% 1.85% 22.58% 13.88% - 11.59%
Return on Assets (ROA)
11.57% 6.69% -11.74% -0.88% 7.25% 6.19% 1.58% 18.97% 16.86% - 11.75%
Return on Common Equity (ROCE)
12.03% 5.75% -11.01% -0.28% 5.68% 5.79% 0.39% 20.54% 17.61% - 11.24%
Return on Equity Simple (ROE_SIMPLE)
10.03% 0.00% 5.24% 1.79% 0.82% 0.00% 3.99% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
15 6.01 -11 -0.08 6.84 8.02 -0.13 38 25 38 17
NOPAT Margin
13.70% 6.49% -13.45% -0.10% 7.34% 8.34% -0.14% 27.03% 22.98% - 15.15%
Net Nonoperating Expense Percent (NNEP)
0.83% 1.21% -1.46% -0.48% 1.88% 0.85% 0.99% 1.03% 0.92% - 1.01%
Return On Investment Capital (ROIC_SIMPLE)
- 1.11% - - - 1.41% -0.02% 6.26% 4.03% 5.33% 2.27%
Cost of Revenue to Revenue
48.19% 48.90% 46.20% 50.18% 50.90% 47.63% 52.79% 34.68% 42.48% - 44.79%
SG&A Expenses to Revenue
20.79% 24.49% 31.00% 27.16% 25.11% 25.13% 26.75% 19.82% 20.60% - 20.53%
R&D to Revenue
16.46% 18.67% 21.51% 19.73% 18.20% 17.66% 20.62% 13.32% 17.98% - 19.73%
Operating Expenses to Revenue
37.25% 43.17% 73.01% 49.57% 43.32% 42.80% 47.37% 33.14% 38.58% - 40.26%
Earnings before Interest and Taxes (EBIT)
18 11 -13 3.02 9.10 12 2.99 49 23 19 20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
22 15 -8.78 7.68 14 16 8.17 54 29 24 26
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
4.93 3.69 3.20 2.75 3.42 3.83 3.64 3.37 3.54 - 9.69
Price to Tangible Book Value (P/TBV)
4.93 3.69 3.20 2.75 3.42 3.83 3.64 3.37 3.54 - 9.69
Price to Revenue (P/Rev)
6.24 4.93 4.35 3.99 5.34 6.07 5.73 4.83 5.06 - 15.49
Price to Earnings (P/E)
49.19 37.27 60.97 154.18 416.94 355.83 91.34 31.29 27.15 - 53.45
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield
2.03% 2.68% 1.64% 0.65% 0.24% 0.28% 1.09% 3.20% 3.68% - 1.87%
Enterprise Value to Invested Capital (EV/IC)
7.96 5.92 5.02 4.32 5.72 6.55 6.44 6.39 7.04 - 19.86
Enterprise Value to Revenue (EV/Rev)
5.69 4.33 3.73 3.30 4.58 5.29 4.92 4.03 4.23 - 14.62
Enterprise Value to EBITDA (EV/EBITDA)
31.13 22.63 27.98 34.25 59.45 65.30 39.40 18.46 17.41 - 51.90
Enterprise Value to EBIT (EV/EBIT)
39.88 29.10 42.32 68.54 174.61 181.29 67.57 23.46 21.46 - 61.60
Enterprise Value to NOPAT (EV/NOPAT)
51.24 38.37 72.66 318.14 0.00 0.00 143.64 31.77 26.25 - 57.16
Enterprise Value to Operating Cash Flow (EV/OCF)
44.06 23.52 21.77 19.25 26.14 37.39 26.54 14.48 13.95 - 59.74
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 85.77 97.55 79.05 133.24 364.69 86.07 24.76 20.71 - 125.17
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage
-0.44 -0.44 -0.43 -0.44 -0.46 -0.47 -0.49 -0.52 -0.54 - -0.53
Leverage Ratio
1.13 1.13 1.14 1.13 1.12 1.11 1.14 1.14 1.13 - 1.10
Compound Leverage Factor
1.13 1.13 1.14 1.13 1.12 1.11 1.14 1.14 1.13 - 1.10
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% - 0.04%
Common Equity to Total Capital
99.96% 99.96% 99.96% 99.96% 99.96% 99.96% 99.96% 99.96% 99.96% - 99.96%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score
30.48 24.48 15.91 13.68 16.59 20.51 16.97 16.84 19.02 - 88.63
Noncontrolling Interest Sharing Ratio
0.05% 0.05% 0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% - 0.04%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
8.57 9.52 6.68 6.42 6.41 7.49 6.44 6.97 7.55 - 14.30
Quick Ratio
6.24 6.68 4.63 4.52 4.63 5.34 4.78 5.33 5.88 - 11.25
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-35 -19 -16 12 21 14 8.32 53 44 22 -48
Operating Cash Flow to CapEx
311.16% 300.63% 35.52% 253.48% 267.03% 582.78% 442.37% 1,051.34% 957.15% - -31.82%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.75 0.72 0.68 0.63 0.58 0.58 0.58 0.65 0.66 - 0.64
Accounts Receivable Turnover
7.03 6.86 6.59 6.24 5.87 6.80 5.98 7.72 7.90 - 7.08
Inventory Turnover
2.12 1.92 1.71 1.66 1.66 1.65 1.76 1.87 1.93 - 2.01
Fixed Asset Turnover
2.50 2.50 2.40 2.27 2.16 2.31 2.38 2.73 2.84 - 3.07
Accounts Payable Turnover
11.07 11.67 12.84 12.98 11.69 16.80 12.69 13.19 12.29 - 11.56
Days Sales Outstanding (DSO)
51.94 53.19 55.37 58.50 62.19 53.66 61.04 47.28 46.19 - 51.56
Days Inventory Outstanding (DIO)
171.90 189.67 213.73 219.78 219.90 221.65 206.96 194.71 189.01 - 181.63
Days Payable Outstanding (DPO)
32.97 31.28 28.43 28.12 31.23 21.72 28.77 27.67 29.69 - 31.56
Cash Conversion Cycle (CCC)
190.86 211.57 240.66 250.16 250.86 253.59 239.23 214.32 205.51 - 201.63
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
298 296 290 283 285 290 282 268 266 307 347
Invested Capital Turnover
1.53 1.43 1.36 1.28 1.22 1.22 1.29 1.54 1.61 - 1.50
Increase / (Decrease) in Invested Capital
50 25 5.12 -12 -14 -5.98 -8.45 -15 -19 16 66
Enterprise Value (EV)
2,376 1,753 1,458 1,223 1,628 1,901 1,815 1,710 1,869 - 6,899
Market Capitalization
2,606 1,998 1,700 1,477 1,898 2,181 2,114 2,051 2,233 - 7,305
Book Value per Share
$11.94 $12.17 $11.95 $12.06 $12.31 $12.63 $12.84 $13.46 $14.03 $15.94 $16.61
Tangible Book Value per Share
$11.94 $12.17 $11.95 $12.06 $12.31 $12.63 $12.84 $13.46 $14.03 $15.94 $16.61
Total Capital
529 541 532 537 555 570 581 609 630 712 754
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-230 -245 -242 -254 -270 -280 -299 -341 -365 -405 -407
Capital Expenditures (CapEx)
7.66 7.16 7.27 6.14 8.46 1.74 4.55 6.20 4.02 5.54 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)
125 134 125 116 113 124 115 102 101 119 153
Debt-free Net Working Capital (DFNWC)
352 376 364 367 380 401 411 441 463 522 558
Net Working Capital (NWC)
352 376 364 367 380 401 411 441 463 522 558
Net Nonoperating Expense (NNE)
-1.80 -2.65 3.18 1.11 -4.71 -2.22 -2.69 -3.07 -2.92 -8.58 -3.57
Net Nonoperating Obligations (NNO)
-230 -245 -242 -254 -270 -280 -299 -341 -365 -405 -407
Total Depreciation and Amortization (D&A)
4.55 4.04 4.61 4.66 4.74 4.61 5.19 5.19 5.24 5.17 5.34
Debt-free, Cash-free Net Working Capital to Revenue
29.83% 33.08% 31.96% 31.23% 31.74% 34.52% 31.21% 24.13% 22.84% - 32.50%
Debt-free Net Working Capital to Revenue
84.33% 92.87% 93.11% 99.26% 107.01% 111.74% 111.42% 103.91% 104.90% - 118.20%
Net Working Capital to Revenue
84.33% 92.87% 93.11% 99.26% 107.01% 111.74% 111.42% 103.91% 104.90% - 118.20%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.37 $0.20 ($0.33) ($0.03) $0.26 $0.24 $0.06 $0.92 $0.63 $1.02 $0.45
Adjusted Weighted Average Basic Shares Outstanding
44.43M 44.32M 44.52M 44.86M 45.12M 44.91M 45.22M 45.01M 44.73M 45.04M 45.47M
Adjusted Diluted Earnings per Share
$0.37 $0.19 ($0.33) ($0.03) $0.26 $0.24 $0.06 $0.91 $0.63 $1.01 $0.44
Adjusted Weighted Average Diluted Shares Outstanding
45.19M 45.00M 44.52M 44.86M 45.17M 45.17M 45.50M 45.08M 44.93M 45.45M 47.25M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
44.45M 44.48M 44.55M 45.07M 45.13M 45.18M 45.21M 44.92M 44.65M 45.37M 45.58M
Normalized Net Operating Profit after Tax (NOPAT)
15 6.01 0.76 1.76 3.77 8.02 -0.13 38 15 11 12
Normalized NOPAT Margin
13.70% 6.49% 0.91% 2.05% 4.05% 8.34% -0.14% 27.03% 13.25% - 10.46%
Pre Tax Income Margin
16.34% 11.43% -15.97% 3.52% 9.77% 12.23% 3.18% 34.77% 21.11% - 18.06%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 8.10% 0.00% 27.62% 40.07% - 0.00%

Financials Breakdown Chart

Key Financial Trends

Vicor Corp (VICR) has shown a mix of strong liquidity and improving profitability in 2025, with notable equity financing activity helping bolster the balance sheet. Below are the key takeaways drawn from the latest four years of quarterly statements (income, cash flow, and balance sheet) provided for VICR.

  • Very strong liquidity position: Cash & equivalents were approximately $710.2 million at 2025-Q3, up from about $296.1 million at 2024-Q4, indicating substantial liquidity headroom.
  • Net income attributable to common shareholders up sharply in 2025: 2025-Q4 net income attributable to common shareholders was about $46.53 million, with Basic EPS of $1.02 and Diluted EPS of $1.01, signaling solid year-end profitability momentum.
  • Healthy gross margins across recent quarters: gross margins remained in the mid-50s to mid-60s percent range (e.g., roughly 55%–65% in the latest quarters), reflecting improving product profitability.
  • Low leverage and solid equity cushion: Total liabilities around $79.9 million vs. Total equity near $630 million (Q3 2025), indicating a light debt load and a strong equity base.
  • Equity financing enhances liquidity: In 2025-Q4, Vicor issued Common Equity totaling about $32.56 million, with net cash from continuing financing activities around $30.36 million, providing liquidity without adding new debt.
  • Operating cash flow remains positive across 2025: Net cash from continuing operating activities ranged from approximately $15.7 million (2025-Q4) to $65.2 million (2025-Q2), showing ongoing cash generation even as quarterly amounts fluctuated.
  • Investment and spend levels indicate ongoing R&D and SG&A investment: Quarterly R&D around $20–$21 million and SG&A around the $23–$28 million range, signaling continued product development and go-to-market activity.
  • Strong earnings per share trend vs. prior years: 2025-Q4 Basic EPS of $1.02 and Diluted EPS of $1.01 reflect an improving earnings trajectory compared with earlier periods.
  • Solid equity base supports growth without heavy debt burdens: Total Common Equity around $630 million (recent periods) provides a durable capital base relative to liabilities.
  • Revenue volatility persists by quarter: 2025 saw a notable quarterly revenue spike in Q2 (~$141 million) versus other quarters in the ~$90–$110 million band, suggesting exposure to demand cycles.
  • Quarterly cash flow from operations can ebb: Although positive, CFO fluctuated meaningfully (peaking in 2025-Q2 and dipping in Q4 2025), which may warrant closer monitoring of working capital dynamics.
  • Equity issuance implies dilution consideration: The Q4 2025 common equity issuance, while liquidity-boosting, can dilute existing shareholders if not deployed for accretive uses.
05/07/26 10:46 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Vicor's Financials

When does Vicor's financial year end?

According to the most recent income statement we have on file, Vicor's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Vicor's net income changed over the last 10 years?

Vicor's net income appears to be on an upward trend, with a most recent value of $118.60 million in 2025, rising from $5.16 million in 2015. The previous period was $6.14 million in 2024. Check out Vicor's forecast to explore projected trends and price targets.

What is Vicor's operating income?
Vicor's total operating income in 2025 was $81.83 million, based on the following breakdown:
  • Total Gross Profit: $259.43 million
  • Total Operating Expenses: $177.60 million
How has Vicor's revenue changed over the last 10 years?

Over the last 10 years, Vicor's total revenue changed from $220.19 million in 2015 to $452.70 million in 2025, a change of 105.6%.

How much debt does Vicor have?

Vicor's total liabilities were at $74.02 million at the end of 2025, a 4.5% increase from 2024, and a 244.9% increase since 2015.

How much cash does Vicor have?

In the past 10 years, Vicor's cash and equivalents has ranged from $44.23 million in 2017 to $402.81 million in 2025, and is currently $402.81 million as of their latest financial filing in 2025.

How has Vicor's book value per share changed over the last 10 years?

Over the last 10 years, Vicor's book value per share changed from 3.48 in 2015 to 15.94 in 2025, a change of 357.8%.



Financial statements for NASDAQ:VICR last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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