VICOR CORPVICREarnings & Financial Report
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
Revenue
$96.0M
Gross Profit
$92.1M
Operating Profit
$45.4M
Net Profit
$41.2M
Gross Margin
95.9%
Operating Margin
47.3%
Net Margin
42.9%
YoY Growth
11.9%
EPS
$0.91
VICOR CORP Q2 FY2025 Financial Summary
VICOR CORP reported revenue of $96.0M (up 11.9% YoY) for Q2 FY2025, with a net profit of $41.2M (up 3544.1% YoY) (42.9% margin). Cost of goods sold was $3.9M, operating expenses totaled $46.7M.
Key Financial Metrics
| Total Revenue | $96.0M |
|---|---|
| Net Profit | $41.2M |
| Gross Margin | 95.9% |
| Operating Margin | 47.3% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
VICOR CORP Q2 FY2025 revenue of $96.0M breaks down across 7 segments, led by Advancedproducts at $30.8M (32.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advancedproducts | $30.8M | 32.1% |
| Direct Customers Contract Manufacturers And Non Stocking Distributors | $19.6M | 20.4% |
| Stocking Distributors Net Of Sales Allowances | $15.6M | 16.2% |
| Brickproducts | $15.4M | 16.1% |
| Royalties | $10.4M | 10.8% |
| Other | $2.5M | 2.6% |
| Non Recurring Engineering | $1.7M | 1.8% |
VICOR CORP Revenue by Segment — Quarterly Trend
VICOR CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Advancedproducts and Direct Customers Contract Manufacturers And Non Stocking Distributors) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Advancedproducts | — | — | $40.2M | $30.8M |
| Direct Customers Contract Manufacturers And Non Stocking Distributors | — | — | — | $19.6M |
| Stocking Distributors Net Of Sales Allowances | — | — | $23.9M | $15.6M |
| Brickproducts | — | — | $23.0M | $15.4M |
| Royalties | — | $14.5M | $21.7M | $10.4M |
VICOR CORP Annual Revenue by Year
VICOR CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $407.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $407.7M |
| 2024 | $359.1M |
| 2023 | $405.1M |
| 2022 | $399.1M |
VICOR CORP Quarterly Revenue & Net Profit History
VICOR CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $113.0M | +20.2% | $20.7M | 18.3% |
| Q4 FY2025 | $107.3M | +11.5% | $46.5M | 43.4% |
| Q3 FY2025 | $110.4M | +18.5% | $28.3M | 25.6% |
| Q2 FY2025 | $96.0M | +11.9% | $41.2M | 42.9% |
| Q1 FY2025 | $94.0M | +12.0% | $2.5M | 2.7% |
| Q4 FY2024 | $96.2M | +3.8% | $10.2M | 10.7% |
| Q3 FY2024 | $93.2M | -13.6% | $11.6M | 12.4% |
| Q2 FY2024 | $85.9M | -19.6% | $-1.2M | -1.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.9M | $93.2M | $96.2M | $94.0M | $96.0M | $110.4M | $107.3M | $113.0M |
| YoY Growth | -19.6% | -13.6% | 3.8% | 12.0% | 11.9% | 18.5% | 11.5% | 20.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $613.2M | $632.8M | $641.1M | $665.0M | $693.5M | $710.2M | $785.8M | $804.9M |
| Liabilities | $75.8M | $77.9M | $70.8M | $84.5M | $84.6M | $79.9M | $74.0M | $50.8M |
| Equity | $537.2M | $554.6M | $570.1M | $580.3M | $608.6M | $630.1M | $711.6M | $754.1M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $15.6M | $22.6M | $10.1M | $20.1M | $65.2M | $38.5M | $15.7M |