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Side-by-side financial comparison of PTC THERAPEUTICS, INC. (PTCT) and VICOR CORP (VICR). Click either name above to swap in a different company.

PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $113.0M, roughly 1.5× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs -82.0%, a 100.2% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs -22.7%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -11.5%).

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

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

PTCT vs VICR — Head-to-Head

Bigger by revenue
PTCT
PTCT
1.5× larger
PTCT
$164.7M
$113.0M
VICR
Growing faster (revenue YoY)
VICR
VICR
+43.0% gap
VICR
20.2%
-22.7%
PTCT
Higher net margin
VICR
VICR
100.2% more per $
VICR
18.3%
-82.0%
PTCT
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PTCT
PTCT
VICR
VICR
Revenue
$164.7M
$113.0M
Net Profit
$-135.0M
$20.7M
Gross Margin
Operating Margin
-43.3%
59.7%
Net Margin
-82.0%
18.3%
Revenue YoY
-22.7%
20.2%
Net Profit YoY
-104.8%
713.9%
EPS (diluted)
$-1.63
$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
PTCT
PTCT
VICR
VICR
Q1 26
$113.0M
Q4 25
$164.7M
$107.3M
Q3 25
$211.0M
$110.4M
Q2 25
$178.9M
$96.0M
Q1 25
$1.2B
$94.0M
Q4 24
$213.2M
$96.2M
Q3 24
$196.8M
$93.2M
Q2 24
$186.7M
$85.9M
Net Profit
PTCT
PTCT
VICR
VICR
Q1 26
$20.7M
Q4 25
$-135.0M
$46.5M
Q3 25
$15.9M
$28.3M
Q2 25
$-64.8M
$41.2M
Q1 25
$866.6M
$2.5M
Q4 24
$-65.9M
$10.2M
Q3 24
$-106.7M
$11.6M
Q2 24
$-99.2M
$-1.2M
Gross Margin
PTCT
PTCT
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
PTCT
PTCT
VICR
VICR
Q1 26
59.7%
Q4 25
-43.3%
14.6%
Q3 25
1.4%
18.9%
Q2 25
-19.5%
47.3%
Q1 25
82.5%
-0.2%
Q4 24
-76.2%
9.6%
Q3 24
-27.7%
5.8%
Q2 24
-21.5%
0.2%
Net Margin
PTCT
PTCT
VICR
VICR
Q1 26
18.3%
Q4 25
-82.0%
43.4%
Q3 25
7.5%
25.6%
Q2 25
-36.3%
42.9%
Q1 25
73.7%
2.7%
Q4 24
-30.9%
10.7%
Q3 24
-54.2%
12.4%
Q2 24
-53.1%
-1.4%
EPS (diluted)
PTCT
PTCT
VICR
VICR
Q1 26
$0.44
Q4 25
$-1.63
$1.01
Q3 25
$0.20
$0.63
Q2 25
$-0.83
$0.91
Q1 25
$10.04
$0.06
Q4 24
$-0.85
$0.24
Q3 24
$-1.39
$0.26
Q2 24
$-1.29
$-0.03

Balance Sheet & Financial Strength

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

Metric
PTCT
PTCT
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$1.9B
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-205.3M
$754.1M
Total Assets
$2.9B
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTCT
PTCT
VICR
VICR
Q1 26
$404.2M
Q4 25
$1.9B
$402.8M
Q3 25
$1.7B
$362.4M
Q2 25
$2.0B
$338.5M
Q1 25
$2.0B
$296.1M
Q4 24
$1.1B
$277.3M
Q3 24
$1.0B
$267.6M
Q2 24
$1.1B
$251.9M
Stockholders' Equity
PTCT
PTCT
VICR
VICR
Q1 26
$754.1M
Q4 25
$-205.3M
$711.6M
Q3 25
$-155.8M
$630.1M
Q2 25
$-206.5M
$608.6M
Q1 25
$-185.8M
$580.3M
Q4 24
$-1.1B
$570.1M
Q3 24
$-1.1B
$554.6M
Q2 24
$-980.2M
$537.2M
Total Assets
PTCT
PTCT
VICR
VICR
Q1 26
$804.9M
Q4 25
$2.9B
$785.8M
Q3 25
$2.6B
$710.2M
Q2 25
$2.6B
$693.5M
Q1 25
$2.7B
$665.0M
Q4 24
$1.7B
$641.1M
Q3 24
$1.8B
$632.8M
Q2 24
$1.9B
$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
PTCT
PTCT
VICR
VICR
Operating Cash FlowLast quarter
$-34.3M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PTCT
PTCT
VICR
VICR
Q1 26
Q4 25
$-34.3M
$15.7M
Q3 25
$-66.3M
$38.5M
Q2 25
$-58.3M
$65.2M
Q1 25
$870.1M
$20.1M
Q4 24
$-30.0M
$10.1M
Q3 24
$-77.0M
$22.6M
Q2 24
$-71.5M
$15.6M
Free Cash Flow
PTCT
PTCT
VICR
VICR
Q1 26
Q4 25
$-36.6M
$10.2M
Q3 25
$-69.7M
$34.5M
Q2 25
$-59.6M
$59.0M
Q1 25
$868.4M
$15.6M
Q4 24
$-33.8M
$8.4M
Q3 24
$-77.5M
$14.1M
Q2 24
$-78.8M
$9.4M
FCF Margin
PTCT
PTCT
VICR
VICR
Q1 26
Q4 25
-22.3%
9.5%
Q3 25
-33.1%
31.2%
Q2 25
-33.3%
61.5%
Q1 25
73.8%
16.6%
Q4 24
-15.8%
8.7%
Q3 24
-39.4%
15.2%
Q2 24
-42.2%
11.0%
Capex Intensity
PTCT
PTCT
VICR
VICR
Q1 26
Q4 25
1.4%
5.2%
Q3 25
1.6%
3.6%
Q2 25
0.7%
6.5%
Q1 25
0.1%
4.8%
Q4 24
1.8%
1.8%
Q3 24
0.3%
9.1%
Q2 24
4.0%
7.2%
Cash Conversion
PTCT
PTCT
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
-4.17×
1.36×
Q2 25
1.58×
Q1 25
1.00×
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

PTCT
PTCT

Segment breakdown not available.

VICR
VICR

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

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