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Side-by-side financial comparison of VICOR CORP (VICR) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $113.0M, roughly 23.5× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs 14.7%, a 3.6% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs 20.2%). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% CAGR vs 14.7%).

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

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

VICR vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
23.5× larger
VRT
$2.6B
$113.0M
VICR
Growing faster (revenue YoY)
VRT
VRT
+9.9% gap
VRT
30.1%
20.2%
VICR
Higher net margin
VICR
VICR
3.6% more per $
VICR
18.3%
14.7%
VRT
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
14.7%
VICR

Income Statement — Q1 2026 vs Q1 2026

Metric
VICR
VICR
VRT
VRT
Revenue
$113.0M
$2.6B
Net Profit
$20.7M
$390.1M
Gross Margin
37.7%
Operating Margin
Net Margin
18.3%
14.7%
Revenue YoY
20.2%
30.1%
Net Profit YoY
713.9%
137.1%
EPS (diluted)
$0.44
$0.99

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
VICR
VICR
VRT
VRT
Q1 26
$113.0M
$2.6B
Q4 25
$107.3M
$2.9B
Q3 25
$110.4M
$2.7B
Q2 25
$96.0M
$2.6B
Q1 25
$94.0M
$2.0B
Q4 24
$96.2M
$2.3B
Q3 24
$93.2M
$2.1B
Q2 24
$85.9M
$2.0B
Net Profit
VICR
VICR
VRT
VRT
Q1 26
$20.7M
$390.1M
Q4 25
$46.5M
$445.6M
Q3 25
$28.3M
$398.5M
Q2 25
$41.2M
$324.2M
Q1 25
$2.5M
$164.5M
Q4 24
$10.2M
$147.0M
Q3 24
$11.6M
$176.6M
Q2 24
$-1.2M
$178.1M
Gross Margin
VICR
VICR
VRT
VRT
Q1 26
37.7%
Q4 25
55.4%
38.9%
Q3 25
57.5%
37.8%
Q2 25
95.9%
34.0%
Q1 25
47.2%
33.7%
Q4 24
52.4%
37.1%
Q3 24
49.1%
36.5%
Q2 24
49.8%
38.0%
Operating Margin
VICR
VICR
VRT
VRT
Q1 26
Q4 25
14.6%
20.1%
Q3 25
18.9%
19.3%
Q2 25
47.3%
16.8%
Q1 25
-0.2%
14.3%
Q4 24
9.6%
19.5%
Q3 24
5.8%
17.9%
Q2 24
0.2%
17.2%
Net Margin
VICR
VICR
VRT
VRT
Q1 26
18.3%
14.7%
Q4 25
43.4%
15.5%
Q3 25
25.6%
14.9%
Q2 25
42.9%
12.3%
Q1 25
2.7%
8.1%
Q4 24
10.7%
6.3%
Q3 24
12.4%
8.5%
Q2 24
-1.4%
9.1%
EPS (diluted)
VICR
VICR
VRT
VRT
Q1 26
$0.44
$0.99
Q4 25
$1.01
$1.14
Q3 25
$0.63
$1.02
Q2 25
$0.91
$0.83
Q1 25
$0.06
$0.42
Q4 24
$0.24
$0.38
Q3 24
$0.26
$0.46
Q2 24
$-0.03
$0.46

Balance Sheet & Financial Strength

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

Metric
VICR
VICR
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$404.2M
$2.5B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$754.1M
$4.2B
Total Assets
$804.9M
$13.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VICR
VICR
VRT
VRT
Q1 26
$404.2M
$2.5B
Q4 25
$402.8M
$1.7B
Q3 25
$362.4M
$1.4B
Q2 25
$338.5M
$1.6B
Q1 25
$296.1M
$1.5B
Q4 24
$277.3M
$1.2B
Q3 24
$267.6M
$908.7M
Q2 24
$251.9M
$579.7M
Total Debt
VICR
VICR
VRT
VRT
Q1 26
$0
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
VICR
VICR
VRT
VRT
Q1 26
$754.1M
$4.2B
Q4 25
$711.6M
$3.9B
Q3 25
$630.1M
$3.5B
Q2 25
$608.6M
$3.1B
Q1 25
$580.3M
$2.7B
Q4 24
$570.1M
$2.4B
Q3 24
$554.6M
$1.8B
Q2 24
$537.2M
$1.5B
Total Assets
VICR
VICR
VRT
VRT
Q1 26
$804.9M
$13.4B
Q4 25
$785.8M
$12.2B
Q3 25
$710.2M
$10.8B
Q2 25
$693.5M
$10.4B
Q1 25
$665.0M
$9.5B
Q4 24
$641.1M
$9.1B
Q3 24
$632.8M
$8.9B
Q2 24
$613.2M
$8.1B
Debt / Equity
VICR
VICR
VRT
VRT
Q1 26
0.00×
Q4 25
0.74×
Q3 25
0.83×
Q2 25
0.93×
Q1 25
1.10×
Q4 24
1.20×
Q3 24
1.62×
Q2 24
1.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VICR
VICR
VRT
VRT
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$652.8M
FCF MarginFCF / Revenue
24.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VICR
VICR
VRT
VRT
Q1 26
Q4 25
$15.7M
$978.9M
Q3 25
$38.5M
$508.7M
Q2 25
$65.2M
$322.9M
Q1 25
$20.1M
$303.3M
Q4 24
$10.1M
$425.2M
Q3 24
$22.6M
$378.2M
Q2 24
$15.6M
$378.4M
Free Cash Flow
VICR
VICR
VRT
VRT
Q1 26
$652.8M
Q4 25
$10.2M
$885.6M
Q3 25
$34.5M
$463.5M
Q2 25
$59.0M
$277.9M
Q1 25
$15.6M
$266.8M
Q4 24
$8.4M
$364.5M
Q3 24
$14.1M
$341.8M
Q2 24
$9.4M
$344.3M
FCF Margin
VICR
VICR
VRT
VRT
Q1 26
24.6%
Q4 25
9.5%
30.8%
Q3 25
31.2%
17.3%
Q2 25
61.5%
10.5%
Q1 25
16.6%
13.1%
Q4 24
8.7%
15.5%
Q3 24
15.2%
16.5%
Q2 24
11.0%
17.6%
Capex Intensity
VICR
VICR
VRT
VRT
Q1 26
4.2%
Q4 25
5.2%
3.2%
Q3 25
3.6%
1.7%
Q2 25
6.5%
1.7%
Q1 25
4.8%
1.8%
Q4 24
1.8%
2.6%
Q3 24
9.1%
1.8%
Q2 24
7.2%
1.7%
Cash Conversion
VICR
VICR
VRT
VRT
Q1 26
Q4 25
0.34×
2.20×
Q3 25
1.36×
1.28×
Q2 25
1.58×
1.00×
Q1 25
7.93×
1.84×
Q4 24
0.99×
2.89×
Q3 24
1.95×
2.14×
Q2 24
2.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

VICR
VICR

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

VRT
VRT

Segment breakdown not available.

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