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Side-by-side financial comparison of MID PENN BANCORP INC (MPB) 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 $62.0M, roughly 1.8× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 18.3%, a 13.1% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 20.2%). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 14.7%).

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

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

MPB vs VICR — Head-to-Head

Bigger by revenue
VICR
VICR
1.8× larger
VICR
$113.0M
$62.0M
MPB
Growing faster (revenue YoY)
MPB
MPB
+10.6% gap
MPB
30.8%
20.2%
VICR
Higher net margin
MPB
MPB
13.1% more per $
MPB
31.4%
18.3%
VICR
Faster 2-yr revenue CAGR
MPB
MPB
Annualised
MPB
21.1%
14.7%
VICR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MPB
MPB
VICR
VICR
Revenue
$62.0M
$113.0M
Net Profit
$19.4M
$20.7M
Gross Margin
Operating Margin
43.6%
59.7%
Net Margin
31.4%
18.3%
Revenue YoY
30.8%
20.2%
Net Profit YoY
47.0%
713.9%
EPS (diluted)
$0.83
$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
MPB
MPB
VICR
VICR
Q1 26
$113.0M
Q4 25
$62.0M
$107.3M
Q3 25
$61.8M
$110.4M
Q2 25
$54.3M
$96.0M
Q1 25
$47.7M
$94.0M
Q4 24
$47.4M
$96.2M
Q3 24
$45.3M
$93.2M
Q2 24
$44.1M
$85.9M
Net Profit
MPB
MPB
VICR
VICR
Q1 26
$20.7M
Q4 25
$19.4M
$46.5M
Q3 25
$18.3M
$28.3M
Q2 25
$4.8M
$41.2M
Q1 25
$13.7M
$2.5M
Q4 24
$13.2M
$10.2M
Q3 24
$12.3M
$11.6M
Q2 24
$11.8M
$-1.2M
Gross Margin
MPB
MPB
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
49.1%
Q2 24
49.8%
Operating Margin
MPB
MPB
VICR
VICR
Q1 26
59.7%
Q4 25
43.6%
14.6%
Q3 25
39.3%
18.9%
Q2 25
7.9%
47.3%
Q1 25
35.2%
-0.2%
Q4 24
34.1%
9.6%
Q3 24
32.8%
5.8%
Q2 24
32.4%
0.2%
Net Margin
MPB
MPB
VICR
VICR
Q1 26
18.3%
Q4 25
31.4%
43.4%
Q3 25
29.6%
25.6%
Q2 25
8.8%
42.9%
Q1 25
28.8%
2.7%
Q4 24
27.9%
10.7%
Q3 24
27.1%
12.4%
Q2 24
26.7%
-1.4%
EPS (diluted)
MPB
MPB
VICR
VICR
Q1 26
$0.44
Q4 25
$0.83
$1.01
Q3 25
$0.79
$0.63
Q2 25
$0.22
$0.91
Q1 25
$0.71
$0.06
Q4 24
$0.72
$0.24
Q3 24
$0.74
$0.26
Q2 24
$0.71
$-0.03

Balance Sheet & Financial Strength

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

Metric
MPB
MPB
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$814.1M
$754.1M
Total Assets
$6.1B
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPB
MPB
VICR
VICR
Q1 26
$404.2M
Q4 25
$402.8M
Q3 25
$362.4M
Q2 25
$338.5M
Q1 25
$296.1M
Q4 24
$277.3M
Q3 24
$267.6M
Q2 24
$251.9M
Stockholders' Equity
MPB
MPB
VICR
VICR
Q1 26
$754.1M
Q4 25
$814.1M
$711.6M
Q3 25
$796.3M
$630.1M
Q2 25
$775.7M
$608.6M
Q1 25
$667.9M
$580.3M
Q4 24
$655.0M
$570.1M
Q3 24
$573.1M
$554.6M
Q2 24
$559.7M
$537.2M
Total Assets
MPB
MPB
VICR
VICR
Q1 26
$804.9M
Q4 25
$6.1B
$785.8M
Q3 25
$6.3B
$710.2M
Q2 25
$6.4B
$693.5M
Q1 25
$5.5B
$665.0M
Q4 24
$5.5B
$641.1M
Q3 24
$5.5B
$632.8M
Q2 24
$5.4B
$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
MPB
MPB
VICR
VICR
Operating Cash FlowLast quarter
$80.0M
Free Cash FlowOCF − Capex
$71.8M
FCF MarginFCF / Revenue
115.8%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPB
MPB
VICR
VICR
Q1 26
Q4 25
$80.0M
$15.7M
Q3 25
$26.3M
$38.5M
Q2 25
$29.0M
$65.2M
Q1 25
$11.5M
$20.1M
Q4 24
$51.4M
$10.1M
Q3 24
$16.9M
$22.6M
Q2 24
$18.0M
$15.6M
Free Cash Flow
MPB
MPB
VICR
VICR
Q1 26
Q4 25
$71.8M
$10.2M
Q3 25
$24.3M
$34.5M
Q2 25
$27.2M
$59.0M
Q1 25
$8.8M
$15.6M
Q4 24
$44.5M
$8.4M
Q3 24
$16.8M
$14.1M
Q2 24
$17.7M
$9.4M
FCF Margin
MPB
MPB
VICR
VICR
Q1 26
Q4 25
115.8%
9.5%
Q3 25
39.4%
31.2%
Q2 25
50.1%
61.5%
Q1 25
18.4%
16.6%
Q4 24
93.8%
8.7%
Q3 24
37.1%
15.2%
Q2 24
40.2%
11.0%
Capex Intensity
MPB
MPB
VICR
VICR
Q1 26
Q4 25
13.3%
5.2%
Q3 25
3.1%
3.6%
Q2 25
3.2%
6.5%
Q1 25
5.7%
4.8%
Q4 24
14.6%
1.8%
Q3 24
0.0%
9.1%
Q2 24
0.7%
7.2%
Cash Conversion
MPB
MPB
VICR
VICR
Q1 26
Q4 25
4.12×
0.34×
Q3 25
1.44×
1.36×
Q2 25
6.08×
1.58×
Q1 25
0.84×
7.93×
Q4 24
3.88×
0.99×
Q3 24
1.37×
1.95×
Q2 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPB
MPB

Segment breakdown not available.

VICR
VICR

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

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