Recent Updates — VICR

Vicor Corporation reported financial results for the third quarter ended September 30, 2026. Product and royalty revenues totaled $197.1 million, a 37.5% sequential increase from the second quarter and a 78.5% year-over-year rise from $110.4 million. Gross margin expanded to $134.7 million (68.3% of revenue), up from $83.1 million in Q2 and $63.5 million a year ago. Net income reached $63.3 million, or $1.33 per diluted share, compared to $49.8 million ($1.04 per share) in Q2 and $28.3 million ($0.63 per share) last year. Cash flow from operations was $69.7 million, and cash on hand increased 13.1% sequentially to approximately $513.1 million. Backlog grew 7% sequentially to $406 million. Vicor designs, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies.

Vicor Corporation reported second quarter 2026 financial results with product and royalty revenues of $143.4 million, a 26.9% sequential increase. Net income for the quarter was $49.8 million, or $1.04 per diluted share, compared to $0.44 per diluted share in the first quarter. Backlog grew 26% sequentially to $380 million and 145% year-over-year from $155 million. Cash and cash equivalents increased to $453.6 million as of June 30, 2026. The company is expanding capacity with a second fab for high current density 2nd Gen VPD ChiPs to meet rising demand in AI and high-performance compute. Vicor designs, develops, manufactures, and markets modular power components and complete power systems.