What is Vicor Corp's earnings per share (EPS)?

Vicor Corp (VICR) reported diluted earnings per share of $2.61 for fiscal year 2025. This represents a 1764.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Vicor Corp (VICR) Financials

VICR

FY2025 annual

Revenue $452.7M +26.1% YoY

Net Income $118.6M +1834.3% YoY

EPS (Diluted) $2.61 +1764.3% YoY

Free Cash Flow $119.2M +337.7% YoY

Market Cap $8.9B as of Sep 9, 2026

Price / Sales 19.7x on $452.7M revenue, FY2025

Price / Earnings 75.2x on $118.6M net income, FY2025

Price / Book 11.8x on $753.9M equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VICR SEC filings page.

Vicor Corp (VICR) reported $452.7M in revenue for fiscal year 2025, up 26.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VICR FY2025 2026-08-29

A 2025 operating rebound combined margin expansion with cash generation while preserving a lightly leveraged balance sheet

Operating cash flow of $139.5M exceeded net income by 17.7%; with inventory lower than FY2024, cash conversion appears partly supported by working-capital release rather than accounting profit alone. The result is stronger than the income statement suggests, although FY2025 included a $24.0M tax benefit that makes reported earnings less representative of recurring performance.

Gross margin reached 57.3% in FY2025 from 51.2% in FY2024, so the rebound included a more profitable revenue mix or lower unit costs, not just more volume. Operating margin moved from -0.4% to 18.1% across those years, consistent with fixed-cost absorption as activity recovered.

Debt-to-equity was 0.1x and current ratio was 9.0x in FY2025, so expansion occurred with limited reliance on creditor financing and substantial short-term flexibility. Free cash flow was 5.9x capital expenditures, indicating the cash surge was not consumed by proportionate reinvestment.

Financial Health Signals

Financial Health Score 72/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Vicor Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Vicor Corp has an operating margin of 18.1%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 64/100, indicating healthy but not exceptional operating efficiency. This is up from -0.4% the prior year.

Growth

Vicor Corp's revenue surged 26.1% year-over-year to $452.7M, reflecting rapid business expansion. This strong growth earns a score of 53/100.

Leverage

Vicor Corp carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 8.99, Vicor Corp holds $8.99 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 97/100.

Cash Flow

Vicor Corp converts 26.3% of revenue into free cash flow ($119.2M). This strong cash generation earns a score of 83/100.

Returns

Vicor Corp's ROE of 16.7% shows moderate profitability relative to equity, earning a score of 55/100. This is up from 1.1% the prior year.

Altman Z-Score Safe

74.72

Vicor Corp scores 74.72, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($8.9B) relative to total liabilities ($74.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/7

Vicor Corp passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.18x

For every $1 of reported earnings, Vicor Corp generates $1.18 in operating cash flow ($139.5M OCF vs $118.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.75x

Vicor Corp earns $6.75 in operating income for every $1 of interest expense ($81.8M vs $12.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$113.0M

YoY+20.2%

Vicor Corp generated $113.0M in revenue in Q1 2026. This represents an increase of 20.2% from the same quarter a year earlier.

EBITDA

$22.2M

YoY+340.9%

Vicor Corp's EBITDA was $22.2M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 340.9% from the same quarter a year earlier.

Net Income

$20.7M

YoY+713.9%

Vicor Corp reported $20.7M in net income in Q1 2026. This represents an increase of 713.9% from the same quarter a year earlier.

EPS (Diluted)

$0.44

YoY+633.3%

QoQ-56.9%

5Y CAGR+5.3%

Vicor Corp earned $0.44 per diluted share (EPS) in Q1 2026. This represents an increase of 633.3% from the same quarter a year earlier. Against the prior quarter it is down 56.9%.

Cash & Balance Sheet

Free Cash Flow

-$16.3M

YoY-204.8%

QoQ-260.6%

Vicor Corp recorded an outflow of $16.3M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 204.8% from the same quarter a year earlier. Against the prior quarter it is down 260.6%.

Cash & Debt

$404.2M

YoY+36.5%

QoQ+0.4%

5Y CAGR+26.0%

10Y CAGR+21.1%

Vicor Corp held $404.2M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding

Diluted avg 47M

Vicor Corp had a weighted average of 47M diluted shares in Q1 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

55.2%

YoY+8.0pp

Vicor Corp's gross margin was 55.2% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 8.0 percentage points from the same quarter a year earlier.

Operating Margin

14.9%

YoY+15.1pp

Vicor Corp's operating margin was 14.9% in Q1 2026, reflecting core business profitability. This is up 15.1 percentage points from the same quarter a year earlier.

Net Margin

18.3%

YoY+15.6pp

Vicor Corp's net profit margin was 18.3% in Q1 2026, showing the share of revenue converted to profit. This is up 15.6 percentage points from the same quarter a year earlier.

Return on Equity

2.7%

YoY+2.3pp

Vicor Corp's ROE was 2.7% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 2.3 percentage points from the same quarter a year earlier.

Capital Allocation

R&D Spending

$22.3M

YoY+15.0%

Vicor Corp invested $22.3M in research and development in Q1 2026. This represents an increase of 15.0% from the same quarter a year earlier.

Capital Expenditures

$12.4M

YoY+172.2%

QoQ+123.5%

5Y CAGR+6.0%

10Y CAGR+20.7%

Vicor Corp invested $12.4M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 172.2% from the same quarter a year earlier. Against the prior quarter it is up 123.5%.

Share Buybacks

Not reported for Q1 2026.

VICR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VICR quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	N/A	$452.7M+26.1%	$359.1M-11.4%	$405.1M+1.5%	$399.1M+11.1%	$359.4M+21.2%	$296.6M+12.8%	$263.0M-9.7%	$291.2M+27.8%	$227.8M+13.8%	$200.3M-9.0%	$220.2M-2.5%	$225.7M+13.3%	$199.2M-8.9%	$218.5M-13.6%	$253.0M
Cost of Revenue	N/A	$193.3M+10.4%	$175.1M-12.5%	$200.1M-8.4%	$218.5M+20.6%	$181.2M+9.7%	$165.1M+17.9%	$140.0M-8.0%	$152.2M+20.7%	$126.2M+15.7%	$109.1M-9.6%	$120.7M-6.2%	$128.6M+9.3%	$117.7M-7.2%	$126.9M-13.3%	$146.3M
Gross Profit	N/A	$259.4M+41.0%	$184.0M-10.2%	$204.9M+13.5%	$180.6M+1.3%	$178.2M+35.6%	$131.4M+6.9%	$123.0M-11.5%	$139.0M+36.7%	$101.7M+11.5%	$91.2M-8.3%	$99.5M+2.5%	$97.1M+19.2%	$81.5M-11.1%	$91.7M-14.1%	$106.7M
R&D Expenses	N/A	$78.6M+14.0%	$68.9M+1.6%	$67.9M+12.0%	$60.6M+14.1%	$53.1M+4.3%	$50.9M+9.3%	$46.6M+5.2%	$44.3M-1.4%	$44.9M+7.4%	$41.8M+0.9%	$41.5M0.0%	$41.5M+4.1%	$39.8M+2.8%	$38.7M-0.6%	$39.0M
SG&A Expenses	N/A	$99.0M+2.2%	$96.9M+13.0%	$85.7M-0.6%	$86.3M+24.1%	$69.5M+10.0%	$63.2M+1.0%	$62.6M+0.5%	$62.2M+7.1%	$58.1M+4.3%	$55.7M-4.5%	$58.3M-14.5%	$68.2M+12.3%	$60.7M+9.1%	$55.7M+3.0%	$54.0M
Operating Income	N/A	$81.8M+6346.4%	-$1.3M-102.6%	$51.4M+88.8%	$27.2M-51.1%	$55.6M+220.1%	$17.4M+25.7%	$13.8M-56.9%	$32.1M+2457.3%	-$1.4M+78.5%	-$6.3M-2264.8%	-$267K+98.2%	-$14.8M+27.9%	-$20.5M-634.9%	-$2.8M-120.3%	$13.7M
EBITDA	N/A	$102.6M+492.6%	$17.3M-74.8%	$68.6M+67.4%	$41.0M-39.1%	$67.3M+136.8%	$28.4M+17.7%	$24.2M-41.5%	$41.3M+448.4%	$7.5M+254.7%	$2.1M-76.1%	$8.9M+279.0%	-$5.0M+52.6%	-$10.5M-236.9%	$7.6M-69.1%	$24.7M
Interest Expense	N/A	$12.1M+5.8%	$11.5M+39.6%	$8.2M+525.8%	$1.3M+41.2%	$930K+878.9%	$95K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	-$24.0M-652.6%	$4.3M-34.6%	$6.6M+103.7%	$3.3M+1752.8%	$176K-67.3%	$539K-30.7%	$778K-28.4%	$1.1M+405.3%	-$356K-254.1%	$231K+157.6%	-$401K+5.6%	-$425K-114.0%	$3.0M+151.8%	$1.2M-74.4%	$4.7M
Net Income	N/A	$118.6M+1834.3%	$6.1M-88.6%	$53.6M+110.6%	$25.4M-55.1%	$56.6M+216.2%	$17.9M+27.0%	$14.1M-55.6%	$31.7M+18897.0%	$167K+102.7%	-$6.2M-226.8%	$4.9M+135.5%	-$13.9M+41.3%	-$23.6M-479.8%	-$4.1M-146.1%	$8.8M
EPS (Basic)	N/A	$2.63+1778.6%	$0.14-88.4%	$1.21+108.6%	$0.58-55.4%	$1.30+209.5%	$0.42+20.0%	$0.35-56.3%	$0.80	$0.00+100.0%	-$0.16-223.1%	$0.13+136.1%	-$0.36+40.0%	-$0.60-500.0%	-$0.10-147.6%	$0.21
EPS (Diluted)	$3.00	$2.61+1764.3%	$0.14-88.2%	$1.19+108.8%	$0.57-54.8%	$1.26+207.3%	$0.41+20.6%	$0.34-56.4%	$0.78	$0.00+100.0%	-$0.16-223.1%	$0.13+136.1%	-$0.36+40.0%	-$0.60-500.0%	-$0.10-147.6%	$0.21
Diluted Shares (Avg)	N/A	45M+0.6%	45M+0.4%	45M+0.2%	45M-0.2%	45M+2.5%	44M+5.3%	42M+2.3%	41M+2.0%	40M+2.8%	39M-0.8%	39M+1.5%	39M-1.6%	39M-6.3%	42M-0.1%	42M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$113.0M+20.2%	N/A	$407.7M+337.6%	$141.0M+64.3%	$94.0M+12.0%	$96.2M+3.8%	$93.2M-13.6%	$85.9M-19.6%
Cost of Revenue	$50.6M+2.0%	N/A	$46.9M-1.1%	$48.9M+13.5%	$49.6M+28.0%	$45.8M+1.1%	$47.4M-8.7%	$43.1M-16.5%
Gross Profit	$62.4M+40.6%	N/A	$63.5M+38.8%	$92.1M+115.4%	$44.4M-1.7%	$50.4M+6.4%	$45.7M-18.1%	$42.8M-22.5%
R&D Expenses	$22.3M+15.0%	N/A	$19.9M+17.1%	$18.8M+10.9%	$19.4M+7.4%	$17.0M-1.8%	$17.0M-4.5%	$16.9M0.0%
SG&A Expenses	$23.2M-7.7%	N/A	$22.7M-2.8%	$28.0M+19.9%	$25.1M-3.3%	$24.2M+6.5%	$23.4M+4.4%	$23.3M+14.4%
Operating Income	$16.9M+11431.5%	N/A	$20.9M+288.2%	$45.4M+21107.9%	-$149K+99.1%	$9.2M+25.3%	$5.4M-65.7%	$214K-98.8%
EBITDA	$22.2M+340.9%	N/A	$26.1M+158.2%	$50.6M+937.4%	$5.0M+143.8%	$13.8M+21.3%	$10.1M-50.0%	$4.9M-78.2%
Income Tax	-$273K-164.4%	N/A	-$5.0M-103.2%	$7.8M+86.0%	$424K-60.4%	$1.5M-21.4%	-$2.5M-336.5%	$4.2M+66.2%
Net Income	$20.7M+713.9%	N/A	$28.3M+144.9%	$41.2M+3544.1%	$2.5M+117.5%	$10.2M+18.2%	$11.6M-30.3%	-$1.2M-107.0%
EPS (Basic)	$0.45+650.0%	$1.03+347.8%	$0.63+142.3%	$0.92+3166.7%	$0.06+118.2%	$0.23+15.0%	$0.26-29.7%	-$0.03-107.7%
EPS (Diluted)	$0.44+633.3%	$1.02+343.5%	$0.63+142.3%	$0.91+3133.3%	$0.06+118.2%	$0.23+21.1%	$0.26-29.7%	-$0.03-107.9%
Diluted Shares (Avg)	47M+3.9%	N/A	45M-0.5%	45M+0.5%	45M+2.2%	N/A	45M0.0%	45M-0.1%

Not reported in any period shown, so not listed: Interest Expense.

VICR Balance Sheet

VICR quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$785.8M+22.6%	$641.1M+7.8%	$594.9M+10.8%	$536.9M+12.5%	$477.2M+20.4%	$396.2M+64.6%	$240.7M+8.9%	$221.1M+33.4%	$165.7M+7.6%	$154.1M-2.2%	$157.5M+1.3%	$155.5M-6.1%	$165.6M-18.2%	$202.6M-2.7%	$208.1M
Current Assets	$587.4M+26.9%	$463.0M+10.2%	$420.4M+15.9%	$362.6M+1.6%	$356.8M+12.6%	$316.9M+77.0%	$179.1M+8.5%	$165.1M+38.9%	$118.8M+6.3%	$111.8M-3.2%	$115.5M+1.8%	$113.5M-4.3%	$118.5M-18.9%	$146.1M+1.2%	$144.3M
Cash & Equivalents	$402.8M+45.3%	$277.3M+14.5%	$242.2M+27.1%	$190.6M+4.5%	$182.4M+12.8%	$161.7M+91.0%	$84.7M+20.0%	$70.6M+59.5%	$44.2M-21.3%	$56.2M-10.8%	$63.0M+14.1%	$55.2M-2.0%	$56.3M-33.4%	$84.6M+17.6%	$71.9M
Short-Term Investments	$0	$0	$0	$0-100.0%	$45.2M-9.9%	$50.2M	$0	$0	$0	$0	$0-100.0%	$270K-41.7%	$463K	$0	$0
Inventory	$91.3M-13.9%	$106.0M-0.5%	$106.6M+5.1%	$101.4M+50.6%	$67.3M+17.6%	$57.3M+16.4%	$49.2M+3.8%	$47.4M+29.8%	$36.5M+34.5%	$27.1M+15.8%	$23.4M-11.0%	$26.3M-11.3%	$29.7M-0.9%	$30.0M-16.2%	$35.8M
Accounts Receivable	$60.7M+14.7%	$52.9M+0.6%	$52.6M-19.6%	$65.4M+18.8%	$55.1M+34.4%	$41.0M+7.6%	$38.1M-12.7%	$43.7M+26.6%	$34.5M+36.8%	$25.2M-2.9%	$26.0M-8.6%	$28.4M+2.7%	$27.7M+1.9%	$27.2M-13.5%	$31.4M
Long-Term Investments	$2.5M-6.8%	$2.6M+4.4%	$2.5M-3.5%	$2.6M-0.6%	$2.6M+4.8%	$2.5M+0.3%	$2.5M-0.6%	$2.5M0.0%	$2.5M+0.7%	$2.5M-12.5%	$2.9M-4.5%	$3.0M-42.1%	$5.2M-23.0%	$6.7M-29.7%	$9.6M
Total Liabilities	$74.0M+4.5%	$70.8M+31.7%	$53.8M-25.9%	$72.6M+36.1%	$53.3M+18.2%	$45.1M+29.3%	$34.9M-5.7%	$37.0M+26.2%	$29.3M+27.1%	$23.1M+7.4%	$21.5M-14.1%	$25.0M+7.2%	$23.3M+13.1%	$20.6M-24.2%	$27.2M
Current Liabilities	$65.3M+5.7%	$61.8M+40.0%	$44.2M-31.6%	$64.5M+31.5%	$49.1M+21.2%	$40.5M+35.4%	$29.9M-16.9%	$36.0M+28.4%	$28.0M+26.1%	$22.2M+7.9%	$20.6M-11.0%	$23.2M+12.1%	$20.7M+17.6%	$17.6M-11.9%	$19.9M
Non-Current Liabilities	$8.7M-3.5%	$9.0M-6.3%	$9.6M+19.9%	$8.0M+90.5%	$4.2M-8.0%	$4.6M-7.2%	$4.9M+402.8%	$980K-22.8%	$1.3M+54.2%	$823K-4.2%	$859K-53.1%	$1.8M-30.8%	$2.6M-13.0%	$3.0M-58.0%	$7.2M
Total Equity	$711.6M+24.8%	$570.1M+5.4%	$540.9M+16.5%	$464.1M+9.6%	$423.6M+20.7%	$350.8M+70.7%	$205.6M+11.9%	$183.7M+34.9%	$136.1M+4.1%	$130.8M-3.1%	$135.0M+5.7%	$127.8M-8.2%	$139.2M-22.0%	$178.4M-1.4%	$180.9M
Retained Earnings	$421.4M+39.2%	$302.8M+2.1%	$296.7M+22.0%	$243.1M+11.7%	$217.6M+35.2%	$161.0M+12.5%	$143.1M+10.9%	$129.0M+37.8%	$93.6M+0.2%	$93.4M-6.3%	$99.7M+5.2%	$94.8M-12.8%	$108.6M-17.9%	$132.3M-3.0%	$136.4M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$804.9M+21.0%	$785.8M+22.6%	$710.2M+12.2%	$693.5M+13.1%	$665.0M+9.9%	$641.1M+7.8%	$632.8M+8.3%	$613.2M+9.4%
Current Assets	$599.5M+23.1%	$587.4M+26.9%	$533.9M+18.4%	$514.8M+18.2%	$487.0M+13.7%	$463.0M+10.2%	$450.8M+13.0%	$435.3M+14.9%
Cash & Equivalents	$404.2M+36.5%	$402.8M+45.3%	$362.4M+35.4%	$338.5M+34.4%	$296.1M+23.8%	$277.3M+14.5%	$267.6M+17.5%	$251.9M+23.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$94.8M-3.7%	$91.3M-13.9%	$92.3M-12.7%	$95.5M-12.5%	$98.5M-12.3%	$106.0M-0.5%	$105.8M+1.1%	$109.1M+2.3%
Accounts Receivable	$67.4M+2.3%	$60.7M+14.7%	$53.3M-9.0%	$55.1M+0.4%	$65.9M+14.3%	$52.9M+0.6%	$58.5M-6.6%	$54.9M-14.0%
Long-Term Investments	$2.5M-5.9%	$2.5M-6.8%	$2.4M-8.9%	$2.6M-0.6%	$2.7M+1.6%	$2.6M+4.4%	$2.6M+1.1%	$2.6M+0.3%
Total Liabilities	$50.8M-39.9%	$74.0M+4.5%	$79.9M+2.6%	$84.6M+11.7%	$84.5M+15.6%	$70.8M+31.7%	$77.9M+40.7%	$75.8M+27.1%
Current Liabilities	$41.9M-44.6%	$65.3M+5.7%	$70.7M+0.5%	$73.8M+8.9%	$75.7M+18.1%	$61.8M+40.0%	$70.4M+51.2%	$67.8M+35.7%
Non-Current Liabilities	$8.8M+0.1%	$8.7M-3.5%	$9.2M+22.4%	$10.8M+36.0%	$8.8M-2.0%	$9.0M-6.3%	$7.5M-14.7%	$7.9M-17.8%
Total Equity	$753.9M+29.9%	$711.6M+24.8%	$630.1M+13.6%	$608.6M+13.3%	$580.3M+9.1%	$570.1M+5.4%	$554.6M+4.9%	$537.2M+7.3%
Retained Earnings	$442.0M+44.8%	$421.4M+39.2%	$374.8M+28.1%	$346.5M+23.3%	$305.3M+8.2%	$302.8M+2.1%	$292.6M+1.6%	$281.0M+3.5%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

VICR Cash Flow Statement

VICR quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$115.5M	$139.5M+174.5%	$50.8M-31.8%	$74.5M+224.9%	$22.9M-57.9%	$54.4M+56.7%	$34.7M+56.4%	$22.2M-38.6%	$36.2M+1568.0%	-$2.5M-552.9%	$544K-95.3%	$11.5M+423.4%	$2.2M+146.7%	-$4.7M-127.2%	$17.2M-34.7%	$26.4M
Depreciation & Amortization	N/A	$20.8M+11.6%	$18.6M+8.0%	$17.2M+25.1%	$13.8M+17.7%	$11.7M+5.9%	$11.1M+7.0%	$10.3M+11.7%	$9.3M+4.1%	$8.9M+5.4%	$8.4M-7.7%	$9.1M-6.8%	$9.8M-2.0%	$10.0M-4.0%	$10.4M-5.3%	$11.0M
Stock-Based Compensation	N/A	$16.8M+9.7%	$15.3M+18.9%	$12.9M+25.4%	$10.3M+45.9%	$7.0M+19.6%	$5.9M+93.8%	$3.0M-10.6%	$3.4M+95.7%	$1.7M+242.9%	$506K-71.6%	$1.8M+9.1%	$1.6M-33.3%	$2.5M+96.9%	$1.2M-35.3%	$1.9M
Capital Expenditures	$28.2M	$20.3M-13.9%	$23.6M-29.4%	$33.5M-47.7%	$64.0M+33.9%	$47.8M+66.7%	$28.7M+129.5%	$12.5M-31.4%	$18.2M+45.2%	$12.5M+48.8%	$8.4M-7.3%	$9.1M+27.5%	$7.1M+15.4%	$6.2M-16.5%	$7.4M-0.9%	$7.5M
Free Cash Flow	$87.3M	$119.2M+337.7%	$27.2M-33.7%	$41.1M+200.1%	-$41.0M-713.9%	$6.7M+9.8%	$6.1M-37.4%	$9.7M-45.8%	$18.0M+219.7%	-$15.0M-90.4%	-$7.9M-431.7%	$2.4M+148.1%	-$4.9M+54.6%	-$10.9M-210.4%	$9.8M-48.0%	$18.9M
Investing Cash Flow	-$28.2M	-$20.3M+13.9%	-$23.6M+29.4%	-$33.5M-76.4%	-$19.0M+56.6%	-$43.7M+44.6%	-$78.8M-531.3%	-$12.5M+31.5%	-$18.2M-45.6%	-$12.5M-47.0%	-$8.5M	N/A	N/A	-$5.1M-24.4%	-$4.1M-261.6%	$2.5M
Financing Cash Flow	$21.0M	$6.3M-20.9%	$8.0M-24.6%	$10.6M+138.8%	$4.4M-56.0%	$10.1M-91.7%	$121.0M+2672.4%	$4.4M-47.9%	$8.4M+172.7%	$3.1M+176.3%	$1.1M	N/A	N/A	-$18.1M-6739.0%	-$264K+95.9%	-$6.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$6.3M
Share Buybacks	N/A	$35.2M+6977.5%	$497K	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$17.1M	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	-$3.9M-119.6%	$15.7M+55.3%	$38.5M+70.5%	$65.2M+319.0%	$20.1M+679.6%	$10.1M-53.0%	$22.6M-5.3%	$15.6M-18.2%
Depreciation & Amortization	$5.3M+2.9%	$5.2M+12.2%	$5.2M+10.4%	$5.2M+11.3%	$5.2M+12.5%	$4.6M+14.2%	$4.7M+4.1%	$4.7M+4.8%
Stock-Based Compensation	$3.9M-11.4%	N/A	$4.4M+8.1%	$3.7M+8.1%	$4.3M+15.1%	N/A	$4.0M+16.7%	$3.4M+13.9%
Capital Expenditures	$12.4M+172.2%	$5.5M+219.3%	$4.0M-52.4%	$6.2M+1.0%	$4.5M-37.4%	$1.7M-75.8%	$8.5M+10.3%	$6.1M-28.1%
Free Cash Flow	-$16.3M-204.8%	$10.2M+21.3%	$34.5M+144.1%	$59.0M+526.2%	$15.6M+432.3%	$8.4M-41.7%	$14.1M-12.7%	$9.4M-10.3%
Investing Cash Flow	-$12.4M-172.2%	-$5.5M-219.3%	-$4.0M+52.4%	-$6.2M-1.0%	-$4.5M+37.4%	-$1.7M+75.8%	-$8.5M-10.3%	-$6.1M+28.1%
Financing Cash Flow	$17.8M+462.6%	$30.4M+2004.2%	-$10.6M-848.9%	-$16.6M-591.9%	$3.2M+80.3%	$1.4M+1357.6%	$1.4M-81.9%	$3.4M+633.6%
Share Buybacks	N/A	$2.2M	$15.4M+2992.4%	N/A	N/A	$0	$497K	N/A

Not reported in any period shown, so not listed: Dividends Paid.

VICR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VICR quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	57.3%+6.1pp	51.2%+0.6pp	50.6%+5.3pp	45.2%-4.3pp	49.6%+5.3pp	44.3%-2.4pp	46.8%-1.0pp	47.7%+3.1pp	44.6%-0.9pp	45.5%+0.3pp	45.2%+2.2pp	43.0%+2.1pp	40.9%-1.0pp	41.9%-0.2pp	42.2%
Operating Margin	18.1%+18.4pp	-0.4%-13.0pp	12.7%+5.9pp	6.8%-8.7pp	15.5%+9.6pp	5.9%+0.6pp	5.3%-5.8pp	11.0%+11.6pp	-0.6%+2.6pp	-3.1%-3.0pp	-0.1%+6.4pp	-6.5%+3.7pp	-10.3%-9.0pp	-1.3%-6.7pp	5.4%
Net Margin	26.2%+24.5pp	1.7%-11.5pp	13.2%+6.9pp	6.4%-9.4pp	15.8%+9.7pp	6.0%+0.7pp	5.4%-5.5pp	10.9%+10.8pp	0.1%+3.2pp	-3.1%-5.4pp	2.2%+8.4pp	-6.2%+5.7pp	-11.9%-10.0pp	-1.9%-5.4pp	3.5%
Return on Equity	16.7%+15.6pp	1.1%-8.8pp	9.9%+4.4pp	5.5%-7.9pp	13.4%+8.3pp	5.1%-1.7pp	6.9%-10.4pp	17.3%+17.1pp	0.1%+4.9pp	-4.8%-8.4pp	3.6%+14.5pp	-10.9%+6.1pp	-17.0%-14.7pp	-2.3%-7.2pp	4.9%
Return on Assets	15.1%+14.1pp	1.0%-8.1pp	9.0%+4.3pp	4.7%-7.1pp	11.9%+7.4pp	4.5%-1.3pp	5.9%-8.5pp	14.3%+14.2pp	0.1%+4.2pp	-4.0%-7.2pp	3.1%+12.1pp	-8.9%+5.3pp	-14.3%-12.3pp	-2.0%-6.3pp	4.3%
Current Ratio	8.99+1.5x	7.49-2.0x	9.52+3.9x	5.62-1.6x	7.27-0.6x	7.82+1.8x	5.98+1.4x	4.59+0.3x	4.24-0.8x	5.03-0.6x	5.61+0.7x	4.90-0.8x	5.74-2.6x	8.32+1.1x	7.24
Debt-to-Equity	0.100.0x	0.120.0x	0.10-0.1x	0.160.0x	0.130.0x	0.130.0x	0.170.0x	0.200.0x	0.220.0x	0.180.0x	0.160.0x	0.200.0x	0.17+0.1x	0.120.0x	0.15
Asset Turnover	0.580.0x	0.56-0.1x	0.68-0.1x	0.740.0x	0.750.0x	0.75-0.3x	1.09-0.2x	1.32-0.1x	1.37+0.1x	1.30-0.1x	1.40-0.1x	1.45+0.2x	1.20+0.1x	1.08-0.1x	1.22
FCF Margin	26.3%+18.8pp	7.6%-2.6pp	10.1%+20.4pp	-10.3%-12.1pp	1.9%-0.2pp	2.1%-1.6pp	3.7%-2.5pp	6.2%+12.8pp	-6.6%-2.7pp	-3.9%-5.0pp	1.1%+3.3pp	-2.2%+3.3pp	-5.5%-10.0pp	4.5%-3.0pp	7.5%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	55.2%+8.0pp	N/A	15.6%-33.5pp	65.3%+15.5pp	47.2%-6.6pp	52.4%+1.3pp	49.1%-2.7pp	49.8%-1.9pp
Operating Margin	14.9%+15.1pp	N/A	5.1%-0.6pp	32.2%+31.9pp	-0.2%+19.1pp	9.6%+1.6pp	5.8%-8.8pp	0.3%-16.5pp
Net Margin	18.3%+15.6pp	N/A	6.9%-5.5pp	29.2%+30.6pp	2.7%+20.0pp	10.7%+1.3pp	12.4%-3.0pp	-1.4%-17.4pp
Return on Equity	2.7%+2.3pp	N/A	4.5%+2.4pp	6.8%+7.0pp	0.4%+3.2pp	1.8%+0.2pp	2.1%-1.1pp	-0.2%-3.6pp
Return on Assets	2.6%+2.2pp	N/A	4.0%+2.2pp	5.9%+6.1pp	0.4%+2.8pp	1.6%+0.1pp	1.8%-1.0pp	-0.2%-3.3pp
Current Ratio	14.30+7.9x	8.99+1.5x	7.55+1.1x	6.97+0.6x	6.44-0.2x	7.49-2.0x	6.41-2.2x	6.42-1.2x
Debt-to-Equity	0.07-0.1x	0.100.0x	0.130.0x	0.140.0x	0.150.0x	0.120.0x	0.140.0x	0.140.0x
Asset Turnover	0.140.0x	N/A	0.57+0.4x	0.20+0.1x	0.140.0x	0.150.0x	0.150.0x	0.14-0.1x
FCF Margin	-14.4%-31.0pp	N/A	8.5%-6.7pp	41.9%+30.9pp	16.6%+22.2pp	8.7%-6.8pp	15.2%+0.2pp	11.0%+1.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Vicor Corp VICR	FY2025	$452.7M	$118.6M	26.2%	$8.9B	72/100
Plexus Corp PLXS	FY2025	$4.0B	$172.9M	4.3%	$6.6B	50/100
Ttm Technologies Inc TTMI	FY2025	$2.9B	$177.4M	6.1%	$13.2B	53/100
Osi Systems OSIS	FY2026	$1.8B	$154.7M	8.7%	$3.3B	63/100
Sanmina Corporat SANM	FY2025	$8.1B	$245.9M	3.0%	$10.6B	58/100
Littelfuse Inc LFUS	FY2025	$2.4B	-$71.7M	-3.0%	$10.6B	56/100

Where Vicor Corp Ranks

Frequently Asked Questions

What is Vicor Corp's annual revenue?

Vicor Corp (VICR) reported $452.7M in total revenue for fiscal year 2025. This represents a 26.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Vicor Corp's revenue growing?

Vicor Corp (VICR) revenue grew by 26.1% year-over-year, from $359.1M to $452.7M in fiscal year 2025.

Is Vicor Corp profitable?

Yes, Vicor Corp (VICR) reported a net income of $118.6M in fiscal year 2025, with a net profit margin of 26.2%.

What is Vicor Corp's EBITDA?

Vicor Corp (VICR) had EBITDA of $102.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Vicor Corp's gross margin?

Vicor Corp (VICR) had a gross margin of 57.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Vicor Corp's operating margin?

Vicor Corp (VICR) had an operating margin of 18.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Vicor Corp's net profit margin?

Vicor Corp (VICR) had a net profit margin of 26.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Vicor Corp's return on equity (ROE)?

Vicor Corp (VICR) has a return on equity of 16.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Vicor Corp's free cash flow?

Vicor Corp (VICR) generated $119.2M in free cash flow during fiscal year 2025. This represents a 337.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Vicor Corp's operating cash flow?

Vicor Corp (VICR) generated $139.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Vicor Corp's total assets?

Vicor Corp (VICR) had $785.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Vicor Corp's capital expenditures?

Vicor Corp (VICR) invested $20.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Vicor Corp spend on research and development?

Vicor Corp (VICR) invested $78.6M in research and development during fiscal year 2025.

Does Vicor Corp buy back shares?

Yes, Vicor Corp (VICR) spent $35.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Vicor Corp's current ratio?

Vicor Corp (VICR) had a current ratio of 8.99 as of fiscal year 2025, which is generally considered healthy.

What is Vicor Corp's debt-to-equity ratio?

Vicor Corp (VICR) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Vicor Corp's return on assets (ROA)?

Vicor Corp (VICR) had a return on assets of 15.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Vicor Corp's P/E ratio?

Vicor Corp (VICR) trades at 75.2x earnings, its market capitalization divided by net income of $118.6M net income, FY2025. The market capitalization is $8.9B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Vicor Corp's price-to-sales ratio?

Vicor Corp (VICR) trades at 19.7x sales, its market capitalization divided by revenue of $452.7M revenue, FY2025. The market capitalization is $8.9B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Vicor Corp's Altman Z-Score?

Vicor Corp (VICR) has an Altman Z-Score of 74.72, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Vicor Corp's Piotroski F-Score?

Vicor Corp (VICR) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Vicor Corp's earnings high quality?

Vicor Corp (VICR) has an earnings quality ratio of 1.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Vicor Corp cover its interest payments?

Vicor Corp (VICR) has an interest coverage ratio of 6.75x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Vicor Corp?

Vicor Corp (VICR) scores 72 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.