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Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) 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 $64.6M, roughly 1.7× MARINE PRODUCTS CORP). VICOR CORP runs the higher net margin — 18.3% vs 3.7%, a 14.6% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 20.2%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -3.5%).
West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
MPX vs VICR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $113.0M |
| Net Profit | $2.4M | $20.7M |
| Gross Margin | 19.6% | — |
| Operating Margin | 5.8% | 59.7% |
| Net Margin | 3.7% | 18.3% |
| Revenue YoY | 35.0% | 20.2% |
| Net Profit YoY | -44.6% | 713.9% |
| EPS (diluted) | $0.07 | $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 | $64.6M | $107.3M | ||
| Q3 25 | $53.1M | $110.4M | ||
| Q2 25 | $67.7M | $96.0M | ||
| Q1 25 | $59.0M | $94.0M | ||
| Q4 24 | $47.8M | $96.2M | ||
| Q3 24 | $49.9M | $93.2M | ||
| Q2 24 | $69.5M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $2.4M | $46.5M | ||
| Q3 25 | $2.6M | $28.3M | ||
| Q2 25 | $4.2M | $41.2M | ||
| Q1 25 | $2.2M | $2.5M | ||
| Q4 24 | $4.3M | $10.2M | ||
| Q3 24 | $3.4M | $11.6M | ||
| Q2 24 | $5.6M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | 55.4% | ||
| Q3 25 | 19.2% | 57.5% | ||
| Q2 25 | 19.1% | 95.9% | ||
| Q1 25 | 18.6% | 47.2% | ||
| Q4 24 | 19.2% | 52.4% | ||
| Q3 24 | 18.4% | 49.1% | ||
| Q2 24 | 18.9% | 49.8% |
| Q1 26 | — | 59.7% | ||
| Q4 25 | 5.8% | 14.6% | ||
| Q3 25 | 5.4% | 18.9% | ||
| Q2 25 | 7.1% | 47.3% | ||
| Q1 25 | 4.4% | -0.2% | ||
| Q4 24 | 7.7% | 9.6% | ||
| Q3 24 | 7.2% | 5.8% | ||
| Q2 24 | 8.3% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | 3.7% | 43.4% | ||
| Q3 25 | 5.0% | 25.6% | ||
| Q2 25 | 6.1% | 42.9% | ||
| Q1 25 | 3.7% | 2.7% | ||
| Q4 24 | 8.9% | 10.7% | ||
| Q3 24 | 6.8% | 12.4% | ||
| Q2 24 | 8.0% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.07 | $1.01 | ||
| Q3 25 | $0.07 | $0.63 | ||
| Q2 25 | $0.12 | $0.91 | ||
| Q1 25 | $0.06 | $0.06 | ||
| Q4 24 | $0.13 | $0.24 | ||
| Q3 24 | $0.10 | $0.26 | ||
| Q2 24 | $0.14 | $-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 | — | $404.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $125.0M | $754.1M |
| Total Assets | $147.2M | $804.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $125.0M | $711.6M | ||
| Q3 25 | $126.3M | $630.1M | ||
| Q2 25 | $127.2M | $608.6M | ||
| Q1 25 | $126.4M | $580.3M | ||
| Q4 24 | $129.0M | $570.1M | ||
| Q3 24 | $128.8M | $554.6M | ||
| Q2 24 | $129.3M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $147.2M | $785.8M | ||
| Q3 25 | $179.5M | $710.2M | ||
| Q2 25 | $173.2M | $693.5M | ||
| Q1 25 | $182.9M | $665.0M | ||
| Q4 24 | $171.2M | $641.1M | ||
| Q3 24 | $176.3M | $632.8M | ||
| Q2 24 | $175.7M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.7M | — |
| Free Cash FlowOCF − Capex | $4.1M | — |
| FCF MarginFCF / Revenue | 6.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | 2.00× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.7M | $15.7M | ||
| Q3 25 | $2.6M | $38.5M | ||
| Q2 25 | $-1.6M | $65.2M | ||
| Q1 25 | $10.8M | $20.1M | ||
| Q4 24 | $4.6M | $10.1M | ||
| Q3 24 | $5.1M | $22.6M | ||
| Q2 24 | $3.8M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $4.1M | $10.2M | ||
| Q3 25 | $2.1M | $34.5M | ||
| Q2 25 | $-2.0M | $59.0M | ||
| Q1 25 | $10.7M | $15.6M | ||
| Q4 24 | $3.6M | $8.4M | ||
| Q3 24 | $3.2M | $14.1M | ||
| Q2 24 | $3.0M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | 6.4% | 9.5% | ||
| Q3 25 | 4.0% | 31.2% | ||
| Q2 25 | -3.0% | 61.5% | ||
| Q1 25 | 18.1% | 16.6% | ||
| Q4 24 | 7.6% | 8.7% | ||
| Q3 24 | 6.5% | 15.2% | ||
| Q2 24 | 4.4% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 5.2% | ||
| Q3 25 | 0.8% | 3.6% | ||
| Q2 25 | 0.6% | 6.5% | ||
| Q1 25 | 0.2% | 4.8% | ||
| Q4 24 | 2.1% | 1.8% | ||
| Q3 24 | 3.8% | 9.1% | ||
| Q2 24 | 1.1% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 0.34× | ||
| Q3 25 | 0.97× | 1.36× | ||
| Q2 25 | -0.39× | 1.58× | ||
| Q1 25 | 4.88× | 7.93× | ||
| Q4 24 | 1.09× | 0.99× | ||
| Q3 24 | 1.51× | 1.95× | ||
| Q2 24 | 0.68× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
