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Side-by-side financial comparison of PAMT CORP (PAMT) and VICOR CORP (VICR). Click either name above to swap in a different company.
PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $113.0M, roughly 1.3× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs -20.7%, a 39.0% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs -15.1%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -12.0%).
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
PAMT vs VICR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $113.0M |
| Net Profit | $-29.3M | $20.7M |
| Gross Margin | — | — |
| Operating Margin | -27.0% | 59.7% |
| Net Margin | -20.7% | 18.3% |
| Revenue YoY | -15.1% | 20.2% |
| Net Profit YoY | 7.4% | 713.9% |
| EPS (diluted) | $-1.38 | $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 | $141.3M | $107.3M | ||
| Q3 25 | $150.3M | $110.4M | ||
| Q2 25 | $151.1M | $96.0M | ||
| Q1 25 | $155.3M | $94.0M | ||
| Q4 24 | $166.5M | $96.2M | ||
| Q3 24 | $182.6M | $93.2M | ||
| Q2 24 | $182.9M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $-29.3M | $46.5M | ||
| Q3 25 | $-5.6M | $28.3M | ||
| Q2 25 | $-9.6M | $41.2M | ||
| Q1 25 | $-8.1M | $2.5M | ||
| Q4 24 | $-31.6M | $10.2M | ||
| Q3 24 | $2.4M | $11.6M | ||
| Q2 24 | $-2.9M | $-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 | -27.0% | 14.6% | ||
| Q3 25 | -3.8% | 18.9% | ||
| Q2 25 | -7.3% | 47.3% | ||
| Q1 25 | -5.9% | -0.2% | ||
| Q4 24 | -22.6% | 9.6% | ||
| Q3 24 | 1.3% | 5.8% | ||
| Q2 24 | -0.4% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | -20.7% | 43.4% | ||
| Q3 25 | -3.7% | 25.6% | ||
| Q2 25 | -6.4% | 42.9% | ||
| Q1 25 | -5.2% | 2.7% | ||
| Q4 24 | -19.0% | 10.7% | ||
| Q3 24 | 1.3% | 12.4% | ||
| Q2 24 | -1.6% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $-1.38 | $1.01 | ||
| Q3 25 | $-0.27 | $0.63 | ||
| Q2 25 | $-0.46 | $0.91 | ||
| Q1 25 | $-0.37 | $0.06 | ||
| Q4 24 | $-1.44 | $0.24 | ||
| Q3 24 | $0.11 | $0.26 | ||
| Q2 24 | $-0.13 | $-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 | $83.7M | $404.2M |
| Total DebtLower is stronger | $333.9M | — |
| Stockholders' EquityBook value | $210.5M | $754.1M |
| Total Assets | $697.9M | $804.9M |
| Debt / EquityLower = less leverage | 1.59× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $83.7M | $402.8M | ||
| Q3 25 | $115.6M | $362.4M | ||
| Q2 25 | $117.3M | $338.5M | ||
| Q1 25 | $102.7M | $296.1M | ||
| Q4 24 | $110.7M | $277.3M | ||
| Q3 24 | $92.3M | $267.6M | ||
| Q2 24 | $114.0M | $251.9M |
| Q1 26 | — | — | ||
| Q4 25 | $333.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $325.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $210.5M | $711.6M | ||
| Q3 25 | $239.5M | $630.1M | ||
| Q2 25 | $244.9M | $608.6M | ||
| Q1 25 | $269.6M | $580.3M | ||
| Q4 24 | $277.5M | $570.1M | ||
| Q3 24 | $308.9M | $554.6M | ||
| Q2 24 | $306.7M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $697.9M | $785.8M | ||
| Q3 25 | $715.2M | $710.2M | ||
| Q2 25 | $707.9M | $693.5M | ||
| Q1 25 | $712.6M | $665.0M | ||
| Q4 24 | $741.7M | $641.1M | ||
| Q3 24 | $756.7M | $632.8M | ||
| Q2 24 | $733.5M | $613.2M |
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-5.8M | — |
| Free Cash FlowOCF − Capex | $-25.0M | — |
| FCF MarginFCF / Revenue | -17.7% | — |
| Capex IntensityCapex / Revenue | 13.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-5.8M | $15.7M | ||
| Q3 25 | $5.9M | $38.5M | ||
| Q2 25 | $12.2M | $65.2M | ||
| Q1 25 | $5.0M | $20.1M | ||
| Q4 24 | $15.2M | $10.1M | ||
| Q3 24 | $15.5M | $22.6M | ||
| Q2 24 | $18.7M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-25.0M | $10.2M | ||
| Q3 25 | $2.5M | $34.5M | ||
| Q2 25 | $5.9M | $59.0M | ||
| Q1 25 | $-6.8M | $15.6M | ||
| Q4 24 | $-39.9M | $8.4M | ||
| Q3 24 | $-33.6M | $14.1M | ||
| Q2 24 | $4.1M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | -17.7% | 9.5% | ||
| Q3 25 | 1.7% | 31.2% | ||
| Q2 25 | 3.9% | 61.5% | ||
| Q1 25 | -4.4% | 16.6% | ||
| Q4 24 | -24.0% | 8.7% | ||
| Q3 24 | -18.4% | 15.2% | ||
| Q2 24 | 2.2% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 13.6% | 5.2% | ||
| Q3 25 | 2.3% | 3.6% | ||
| Q2 25 | 4.2% | 6.5% | ||
| Q1 25 | 7.6% | 4.8% | ||
| Q4 24 | 33.1% | 1.8% | ||
| Q3 24 | 26.9% | 9.1% | ||
| Q2 24 | 8.0% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | — | 7.93× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | 6.44× | 1.95× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
