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Side-by-side financial comparison of LandBridge Co LLC (LB) 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 $56.8M, roughly 2.0× LandBridge Co LLC). VICOR CORP runs the higher net margin — 18.3% vs 14.2%, a 4.1% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 20.2%). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs 14.7%).
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
LB vs VICR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $56.8M | $113.0M |
| Net Profit | $8.1M | $20.7M |
| Gross Margin | — | — |
| Operating Margin | 60.0% | 59.7% |
| Net Margin | 14.2% | 18.3% |
| Revenue YoY | 55.6% | 20.2% |
| Net Profit YoY | -83.7% | 713.9% |
| EPS (diluted) | $0.24 | $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.
| Q1 26 | — | $113.0M | ||
| Q4 25 | $56.8M | $107.3M | ||
| Q3 25 | $50.8M | $110.4M | ||
| Q2 25 | $47.5M | $96.0M | ||
| Q1 25 | $44.0M | $94.0M | ||
| Q4 24 | $36.5M | $96.2M | ||
| Q3 24 | $28.5M | $93.2M | ||
| Q2 24 | $26.0M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $8.1M | $46.5M | ||
| Q3 25 | $8.1M | $28.3M | ||
| Q2 25 | $7.5M | $41.2M | ||
| Q1 25 | $6.5M | $2.5M | ||
| Q4 24 | $49.3M | $10.2M | ||
| Q3 24 | $2.7M | $11.6M | ||
| Q2 24 | $-57.7M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 55.4% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 95.9% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 52.4% | ||
| Q3 24 | — | 49.1% | ||
| Q2 24 | — | 49.8% |
| Q1 26 | — | 59.7% | ||
| Q4 25 | 60.0% | 14.6% | ||
| Q3 25 | 60.8% | 18.9% | ||
| Q2 25 | 60.0% | 47.3% | ||
| Q1 25 | 57.0% | -0.2% | ||
| Q4 24 | 49.4% | 9.6% | ||
| Q3 24 | 11.2% | 5.8% | ||
| Q2 24 | -197.4% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | 14.2% | 43.4% | ||
| Q3 25 | 15.9% | 25.6% | ||
| Q2 25 | 15.8% | 42.9% | ||
| Q1 25 | 14.7% | 2.7% | ||
| Q4 24 | 135.2% | 10.7% | ||
| Q3 24 | 9.3% | 12.4% | ||
| Q2 24 | -222.1% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.24 | $1.01 | ||
| Q3 25 | $0.26 | $0.63 | ||
| Q2 25 | $0.24 | $0.91 | ||
| Q1 25 | $0.20 | $0.06 | ||
| Q4 24 | — | $0.24 | ||
| Q3 24 | $-0.04 | $0.26 | ||
| Q2 24 | — | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $30.7M | $404.2M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $340.3M | $754.1M |
| Total Assets | $1.4B | $804.9M |
| Debt / EquityLower = less leverage | 1.68× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $30.7M | $402.8M | ||
| Q3 25 | $28.3M | $362.4M | ||
| Q2 25 | $20.3M | $338.5M | ||
| Q1 25 | $14.9M | $296.1M | ||
| Q4 24 | $37.0M | $277.3M | ||
| Q3 24 | $14.4M | $267.6M | ||
| Q2 24 | $24.6M | $251.9M |
| Q1 26 | — | — | ||
| Q4 25 | $570.7M | — | ||
| Q3 25 | $366.1M | — | ||
| Q2 25 | $370.9M | — | ||
| Q1 25 | $375.5M | — | ||
| Q4 24 | $385.5M | — | ||
| Q3 24 | $242.4M | — | ||
| Q2 24 | $360.8M | — |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $340.3M | $711.6M | ||
| Q3 25 | $272.0M | $630.1M | ||
| Q2 25 | $266.4M | $608.6M | ||
| Q1 25 | $217.0M | $580.3M | ||
| Q4 24 | $211.8M | $570.1M | ||
| Q3 24 | $97.2M | $554.6M | ||
| Q2 24 | $296.4M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $1.4B | $785.8M | ||
| Q3 25 | $1.1B | $710.2M | ||
| Q2 25 | $1.1B | $693.5M | ||
| Q1 25 | $1.0B | $665.0M | ||
| Q4 24 | $1.0B | $641.1M | ||
| Q3 24 | $689.9M | $632.8M | ||
| Q2 24 | $710.5M | $613.2M |
| Q1 26 | — | — | ||
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.22× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $126.3M | — |
| Free Cash FlowOCF − Capex | $122.0M | — |
| FCF MarginFCF / Revenue | 214.9% | — |
| Capex IntensityCapex / Revenue | 7.5% | — |
| Cash ConversionOCF / Net Profit | 15.68× | — |
| TTM Free Cash FlowTrailing 4 quarters | $207.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $126.3M | $15.7M | ||
| Q3 25 | $34.9M | $38.5M | ||
| Q2 25 | $37.3M | $65.2M | ||
| Q1 25 | $15.9M | $20.1M | ||
| Q4 24 | $67.6M | $10.1M | ||
| Q3 24 | $7.5M | $22.6M | ||
| Q2 24 | $16.0M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $122.0M | $10.2M | ||
| Q3 25 | $33.7M | $34.5M | ||
| Q2 25 | $36.1M | $59.0M | ||
| Q1 25 | $15.8M | $15.6M | ||
| Q4 24 | $66.7M | $8.4M | ||
| Q3 24 | $7.1M | $14.1M | ||
| Q2 24 | $15.7M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | 214.9% | 9.5% | ||
| Q3 25 | 66.3% | 31.2% | ||
| Q2 25 | 75.9% | 61.5% | ||
| Q1 25 | 36.0% | 16.6% | ||
| Q4 24 | 182.6% | 8.7% | ||
| Q3 24 | 25.1% | 15.2% | ||
| Q2 24 | 60.4% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | 5.2% | ||
| Q3 25 | 2.3% | 3.6% | ||
| Q2 25 | 2.6% | 6.5% | ||
| Q1 25 | 0.2% | 4.8% | ||
| Q4 24 | 2.7% | 1.8% | ||
| Q3 24 | 1.1% | 9.1% | ||
| Q2 24 | 1.4% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | 15.68× | 0.34× | ||
| Q3 25 | 4.31× | 1.36× | ||
| Q2 25 | 4.98× | 1.58× | ||
| Q1 25 | 2.46× | 7.93× | ||
| Q4 24 | 1.37× | 0.99× | ||
| Q3 24 | 2.80× | 1.95× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LB
Segment breakdown not available.
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
