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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and VICOR CORP (VICR). Click either name above to swap in a different company.

VICOR CORP is the larger business by last-quarter revenue ($113.0M vs $75.1M, roughly 1.5× SAUL CENTERS, INC.). VICOR CORP runs the higher net margin — 18.3% vs 8.7%, a 9.6% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs 10.6%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs 6.2%).

Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

BFS vs VICR — Head-to-Head

Bigger by revenue
VICR
VICR
1.5× larger
VICR
$113.0M
$75.1M
BFS
Growing faster (revenue YoY)
VICR
VICR
+9.6% gap
VICR
20.2%
10.6%
BFS
Higher net margin
VICR
VICR
9.6% more per $
VICR
18.3%
8.7%
BFS
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
6.2%
BFS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BFS
BFS
VICR
VICR
Revenue
$75.1M
$113.0M
Net Profit
$6.5M
$20.7M
Gross Margin
Operating Margin
65.4%
59.7%
Net Margin
8.7%
18.3%
Revenue YoY
10.6%
20.2%
Net Profit YoY
-19.6%
713.9%
EPS (diluted)
$0.15
$0.44

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
BFS
BFS
VICR
VICR
Q1 26
$113.0M
Q4 25
$75.1M
$107.3M
Q3 25
$72.0M
$110.4M
Q2 25
$70.8M
$96.0M
Q1 25
$71.9M
$94.0M
Q4 24
$67.9M
$96.2M
Q3 24
$67.3M
$93.2M
Q2 24
$66.9M
$85.9M
Net Profit
BFS
BFS
VICR
VICR
Q1 26
$20.7M
Q4 25
$6.5M
$46.5M
Q3 25
$10.5M
$28.3M
Q2 25
$10.7M
$41.2M
Q1 25
$9.8M
$2.5M
Q4 24
$8.1M
$10.2M
Q3 24
$14.5M
$11.6M
Q2 24
$14.4M
$-1.2M
Gross Margin
BFS
BFS
VICR
VICR
Q1 26
Q4 25
55.4%
Q3 25
57.5%
Q2 25
95.9%
Q1 25
47.2%
Q4 24
52.4%
Q3 24
73.6%
49.1%
Q2 24
74.2%
49.8%
Operating Margin
BFS
BFS
VICR
VICR
Q1 26
59.7%
Q4 25
65.4%
14.6%
Q3 25
69.1%
18.9%
Q2 25
68.7%
47.3%
Q1 25
66.5%
-0.2%
Q4 24
82.9%
9.6%
Q3 24
72.8%
5.8%
Q2 24
75.0%
0.2%
Net Margin
BFS
BFS
VICR
VICR
Q1 26
18.3%
Q4 25
8.7%
43.4%
Q3 25
14.6%
25.6%
Q2 25
15.1%
42.9%
Q1 25
13.6%
2.7%
Q4 24
11.9%
10.7%
Q3 24
21.5%
12.4%
Q2 24
21.6%
-1.4%
EPS (diluted)
BFS
BFS
VICR
VICR
Q1 26
$0.44
Q4 25
$0.15
$1.01
Q3 25
$0.32
$0.63
Q2 25
$0.33
$0.91
Q1 25
$0.29
$0.06
Q4 24
$0.22
$0.24
Q3 24
$0.48
$0.26
Q2 24
$0.48
$-0.03

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$8.7M
$404.2M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$754.1M
Total Assets
$2.2B
$804.9M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
VICR
VICR
Q1 26
$404.2M
Q4 25
$8.7M
$402.8M
Q3 25
$11.8M
$362.4M
Q2 25
$5.3M
$338.5M
Q1 25
$6.5M
$296.1M
Q4 24
$10.3M
$277.3M
Q3 24
$7.2M
$267.6M
Q2 24
$6.9M
$251.9M
Total Debt
BFS
BFS
VICR
VICR
Q1 26
Q4 25
$468.4M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Stockholders' Equity
BFS
BFS
VICR
VICR
Q1 26
$754.1M
Q4 25
$307.8M
$711.6M
Q3 25
$316.6M
$630.1M
Q2 25
$322.4M
$608.6M
Q1 25
$328.4M
$580.3M
Q4 24
$335.8M
$570.1M
Q3 24
$341.8M
$554.6M
Q2 24
$345.7M
$537.2M
Total Assets
BFS
BFS
VICR
VICR
Q1 26
$804.9M
Q4 25
$2.2B
$785.8M
Q3 25
$2.2B
$710.2M
Q2 25
$2.1B
$693.5M
Q1 25
$2.1B
$665.0M
Q4 24
$2.1B
$641.1M
Q3 24
$2.1B
$632.8M
Q2 24
$2.1B
$613.2M
Debt / Equity
BFS
BFS
VICR
VICR
Q1 26
Q4 25
1.52×
Q3 25
5.02×
Q2 25
4.85×
Q1 25
4.70×
Q4 24
1.36×
Q3 24
4.37×
Q2 24
4.17×

Cash Flow & Capital Efficiency

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

Metric
BFS
BFS
VICR
VICR
Operating Cash FlowLast quarter
$99.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
VICR
VICR
Q1 26
Q4 25
$99.8M
$15.7M
Q3 25
$20.6M
$38.5M
Q2 25
$26.6M
$65.2M
Q1 25
$30.4M
$20.1M
Q4 24
$121.2M
$10.1M
Q3 24
$26.5M
$22.6M
Q2 24
$32.1M
$15.6M
Free Cash Flow
BFS
BFS
VICR
VICR
Q1 26
Q4 25
$10.2M
Q3 25
$34.5M
Q2 25
$59.0M
Q1 25
$15.6M
Q4 24
$8.4M
Q3 24
$-28.3M
$14.1M
Q2 24
$-12.5M
$9.4M
FCF Margin
BFS
BFS
VICR
VICR
Q1 26
Q4 25
9.5%
Q3 25
31.2%
Q2 25
61.5%
Q1 25
16.6%
Q4 24
8.7%
Q3 24
-42.1%
15.2%
Q2 24
-18.7%
11.0%
Capex Intensity
BFS
BFS
VICR
VICR
Q1 26
Q4 25
5.2%
Q3 25
3.6%
Q2 25
6.5%
Q1 25
4.8%
Q4 24
1.8%
Q3 24
81.5%
9.1%
Q2 24
66.7%
7.2%
Cash Conversion
BFS
BFS
VICR
VICR
Q1 26
Q4 25
15.35×
0.34×
Q3 25
1.97×
1.36×
Q2 25
2.48×
1.58×
Q1 25
3.10×
7.93×
Q4 24
14.98×
0.99×
Q3 24
1.83×
1.95×
Q2 24
2.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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