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Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and VICOR CORP (VICR). Click either name above to swap in a different company.

DULUTH HOLDINGS INC. is the larger business by last-quarter revenue ($114.9M vs $113.0M, roughly 1.0× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs -8.8%, a 27.1% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs -9.6%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -31.6%).

Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.

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

DLTH vs VICR — Head-to-Head

Bigger by revenue
DLTH
DLTH
1.0× larger
DLTH
$114.9M
$113.0M
VICR
Growing faster (revenue YoY)
VICR
VICR
+29.8% gap
VICR
20.2%
-9.6%
DLTH
Higher net margin
VICR
VICR
27.1% more per $
VICR
18.3%
-8.8%
DLTH
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
-31.6%
DLTH

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
DLTH
DLTH
VICR
VICR
Revenue
$114.9M
$113.0M
Net Profit
$-10.1M
$20.7M
Gross Margin
53.8%
Operating Margin
-7.7%
59.7%
Net Margin
-8.8%
18.3%
Revenue YoY
-9.6%
20.2%
Net Profit YoY
64.6%
713.9%
EPS (diluted)
$-0.29
$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
DLTH
DLTH
VICR
VICR
Q1 26
$113.0M
Q4 25
$114.9M
$107.3M
Q3 25
$131.7M
$110.4M
Q2 25
$102.7M
$96.0M
Q1 25
$241.3M
$94.0M
Q4 24
$127.1M
$96.2M
Q3 24
$141.6M
$93.2M
Q2 24
$116.7M
$85.9M
Net Profit
DLTH
DLTH
VICR
VICR
Q1 26
$20.7M
Q4 25
$-10.1M
$46.5M
Q3 25
$1.3M
$28.3M
Q2 25
$-15.3M
$41.2M
Q1 25
$-5.6M
$2.5M
Q4 24
$-28.2M
$10.2M
Q3 24
$-2.0M
$11.6M
Q2 24
$-7.9M
$-1.2M
Gross Margin
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
53.8%
55.4%
Q3 25
54.7%
57.5%
Q2 25
52.0%
95.9%
Q1 25
44.1%
47.2%
Q4 24
52.3%
52.4%
Q3 24
52.3%
49.1%
Q2 24
52.8%
49.8%
Operating Margin
DLTH
DLTH
VICR
VICR
Q1 26
59.7%
Q4 25
-7.7%
14.6%
Q3 25
1.8%
18.9%
Q2 25
-12.0%
47.3%
Q1 25
-1.8%
-0.2%
Q4 24
-17.4%
9.6%
Q3 24
-1.1%
5.8%
Q2 24
-7.7%
0.2%
Net Margin
DLTH
DLTH
VICR
VICR
Q1 26
18.3%
Q4 25
-8.8%
43.4%
Q3 25
1.0%
25.6%
Q2 25
-14.9%
42.9%
Q1 25
-2.3%
2.7%
Q4 24
-22.2%
10.7%
Q3 24
-1.4%
12.4%
Q2 24
-6.7%
-1.4%
EPS (diluted)
DLTH
DLTH
VICR
VICR
Q1 26
$0.44
Q4 25
$-0.29
$1.01
Q3 25
$0.04
$0.63
Q2 25
$-0.45
$0.91
Q1 25
$-0.17
$0.06
Q4 24
$-0.84
$0.24
Q3 24
$-0.06
$0.26
Q2 24
$-0.24
$-0.03

Balance Sheet & Financial Strength

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

Metric
DLTH
DLTH
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$8.2M
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$160.6M
$754.1M
Total Assets
$468.0M
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLTH
DLTH
VICR
VICR
Q1 26
$404.2M
Q4 25
$8.2M
$402.8M
Q3 25
$5.7M
$362.4M
Q2 25
$8.6M
$338.5M
Q1 25
$3.3M
$296.1M
Q4 24
$9.3M
$277.3M
Q3 24
$9.8M
$267.6M
Q2 24
$6.8M
$251.9M
Stockholders' Equity
DLTH
DLTH
VICR
VICR
Q1 26
$754.1M
Q4 25
$160.6M
$711.6M
Q3 25
$170.0M
$630.1M
Q2 25
$167.9M
$608.6M
Q1 25
$182.7M
$580.3M
Q4 24
$188.1M
$570.1M
Q3 24
$215.7M
$554.6M
Q2 24
$218.4M
$537.2M
Total Assets
DLTH
DLTH
VICR
VICR
Q1 26
$804.9M
Q4 25
$468.0M
$785.8M
Q3 25
$433.8M
$710.2M
Q2 25
$463.7M
$693.5M
Q1 25
$452.4M
$665.0M
Q4 24
$533.1M
$641.1M
Q3 24
$488.6M
$632.8M
Q2 24
$471.4M
$613.2M

Cash Flow & Capital Efficiency

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

Metric
DLTH
DLTH
VICR
VICR
Operating Cash FlowLast quarter
$-6.7M
Free Cash FlowOCF − Capex
$-8.9M
FCF MarginFCF / Revenue
-7.8%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
$-6.7M
$15.7M
Q3 25
$32.0M
$38.5M
Q2 25
$-56.5M
$65.2M
Q1 25
$41.2M
$20.1M
Q4 24
$-41.1M
$10.1M
Q3 24
$16.6M
$22.6M
Q2 24
$-33.7M
$15.6M
Free Cash Flow
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
$-8.9M
$10.2M
Q3 25
$29.8M
$34.5M
Q2 25
$-57.8M
$59.0M
Q1 25
$38.7M
$15.6M
Q4 24
$-43.7M
$8.4M
Q3 24
$15.0M
$14.1M
Q2 24
$-35.2M
$9.4M
FCF Margin
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
-7.8%
9.5%
Q3 25
22.6%
31.2%
Q2 25
-56.3%
61.5%
Q1 25
16.0%
16.6%
Q4 24
-34.4%
8.7%
Q3 24
10.6%
15.2%
Q2 24
-30.2%
11.0%
Capex Intensity
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
2.0%
5.2%
Q3 25
1.7%
3.6%
Q2 25
1.3%
6.5%
Q1 25
1.0%
4.8%
Q4 24
2.1%
1.8%
Q3 24
1.2%
9.1%
Q2 24
1.3%
7.2%
Cash Conversion
DLTH
DLTH
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
25.40×
1.36×
Q2 25
1.58×
Q1 25
7.93×
Q4 24
0.99×
Q3 24
1.95×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLTH
DLTH

Sales Channel Directly To Consumer$67.4M59%
Sales Channel Through Intermediary$47.4M41%

VICR
VICR

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

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