vicr · Vicor Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $407.70M | $359.06M | $405.06M | $399.08M | $359.36M | $296.58M |
| Cost of Revenue | $193.27M | $175.06M | $200.13M | $218.52M | $181.16M | $165.13M |
| Gross Profit | $259.43M | $184.00M | $204.93M | $180.56M | $178.20M | $131.45M |
| R&D | $78.57M | $68.92M | $67.86M | $60.59M | $53.11M | $50.92M |
| SG&A | $99.03M | $96.89M | $85.71M | $86.26M | $69.48M | $63.16M |
| Total Operating Expenses | $177.60M | $185.31M | $153.57M | $153.36M | $122.60M | $114.08M |
| D&A | $20.79M | $18.63M | $17.24M | $13.78M | $11.71M | $11.06M |
| Operating Income | $81.83M | ($1.31M) | $51.36M | $27.20M | $55.60M | $17.37M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | ($24.02M) | $4.35M | $6.64M | $3.26M | $176.0K | $539.0K |
| Net Income | $118.56M | $6.13M | $53.59M | $25.45M | $56.63M | $17.91M |
| EPS - Basic | $2.63 | $0.14 | $1.21 | $0.58 | $1.30 | $0.42 |
| EPS - Diluted | $2.61 | $0.14 | $1.19 | $0.57 | $1.26 | $0.41 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $402.81M | $277.27M | $242.22M | $190.61M | $182.42M | $161.74M |
| Accounts Receivable | $60.72M | $52.95M | $52.63M | $65.43M | $55.10M | $41.00M |
| Inventory | $91.34M | $106.03M | $106.58M | $101.41M | $67.32M | $57.27M |
| Accounts Payable | $12.29M | $8.74M | $12.10M | $22.21M | $21.19M | $14.12M |
| Current Assets | $587.36M | $463.03M | $420.37M | $362.60M | $356.76M | $316.93M |
| Total Assets | $785.83M | $641.12M | $594.89M | $536.90M | $477.20M | $396.24M |
| Current Liabilities | $65.32M | $61.82M | $44.17M | $64.55M | $49.09M | $40.51M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $74.02M | $70.83M | $53.78M | $72.56M | $53.30M | $45.08M |
| Stockholders' Equity | $711.56M | $570.07M | $540.87M | $464.09M | $423.60M | $350.82M |
| Retained Earnings | $421.36M | $302.80M | $296.67M | $243.08M | $217.63M | $161.01M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $139.55M | $50.84M | $74.53M | $22.94M | $54.44M | $34.55M |
| Investing Cash Flow | ($20.32M) | ($23.60M) | ($33.45M) | ($18.97M) | ($43.66M) | ($78.62M) |
| Financing Cash Flow | $6.32M | $7.99M | $10.60M | $4.44M | $10.09M | $121.04M |
| CapEx | $20.32M | $23.60M | $33.45M | $63.97M | $47.76M | $28.65M |
| Free Cash Flow | $119.23M | $27.24M | $41.08M | ($41.03M) | $6.68M | $5.89M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 63.6% | 51.2% | 50.6% | 45.2% | 49.6% | 44.3% |
| Operating margin | 20.1% | -0.4% | 12.7% | 6.8% | 15.5% | 5.9% |
| EBITDA margin | 25.2% | 4.8% | 16.9% | 10.3% | 18.7% | 9.6% |
| Net margin | 29.1% | 1.7% | 13.2% | 6.4% | 15.8% | 6.0% |
| Free cash flow margin | 29.2% | 7.6% | 10.1% | -10.3% | 1.9% | 2.0% |
| FCF / Net income | 1.01 | 4.44 | 0.77 | -1.61 | 0.12 | 0.33 |
| R&D / Revenue | 19.3% | 19.2% | 16.8% | 15.2% | 14.8% | 17.2% |
| SG&A / Revenue | 24.3% | 27.0% | 21.2% | 21.6% | 19.3% | 21.3% |
| Effective tax rate | -25.4% | 41.5% | 11.0% | 11.4% | 0.3% | 2.9% |
| Return on assets | 15.1% | 1.0% | 9.0% | 4.7% | 11.9% | 4.5% |
| Return on equity | 16.7% | 1.1% | 9.9% | 5.5% | 13.4% | 5.1% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 8.99 | 7.49 | 9.52 | 5.62 | 7.27 | 7.82 |
| Quick ratio | 7.59 | 5.77 | 7.10 | 4.05 | 5.90 | 6.41 |
| Cash ratio | 6.17 | 4.49 | 5.48 | 2.95 | 3.72 | 3.99 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.10 | 1.12 | 1.10 | 1.16 | 1.13 | 1.13 |
| Liabilities / Assets | 0.09 | 0.11 | 0.09 | 0.14 | 0.11 | 0.11 |
| Efficiency | ||||||
| Asset turnover | 0.52 | 0.56 | 0.68 | 0.74 | 0.75 | 0.75 |
| Inventory turnover | 2.12 | 1.65 | 1.88 | 2.15 | 2.69 | 2.88 |
| Days sales outstanding | 54d | 54d | 47d | 60d | 56d | 50d |
| Days inventory outstanding | 172d | 221d | 194d | 169d | 136d | 127d |
| Days payable outstanding | 23d | 18d | 22d | 37d | 43d | 31d |
| Cash conversion cycle | 204d | 257d | 220d | 192d | 149d | 146d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 13.5% | -11.4% | 1.5% | 11.1% | 21.2% | 12.8% |
| Revenue CAGR (3y) | 0.7% | -0.0% | 11.0% | 14.9% | 21.5% | 9.2% |
| Revenue CAGR (5y) | 6.6% | 6.4% | 15.1% | 11.9% | 12.4% | 6.1% |
| Gross profit growth (YoY) | 41.0% | -10.2% | 13.5% | 1.3% | 35.6% | 6.9% |
| Operating income growth (YoY) | - | - | 88.8% | -51.1% | 220.1% | 25.7% |
| Net income growth (YoY) | 1834.3% | -88.6% | 110.6% | -55.1% | 216.2% | 27.0% |
| EPS growth (YoY) | 1764.3% | -88.2% | 108.8% | -54.8% | 207.3% | 20.6% |
| EPS CAGR (3y) | 66.1% | -51.9% | 42.6% | 18.8% | 17.3% | - |
| EPS CAGR (5y) | 44.8% | -16.3% | 8.8% | - | - | 25.8% |
| FCF growth (YoY) | 337.7% | -33.7% | - | - | 13.4% | -39.4% |
| FCF CAGR (5y) | 82.5% | 22.9% | - | - | - | 19.9% |
| Book value growth (YoY) | 24.8% | 5.4% | 16.5% | 9.6% | 20.7% | 70.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$407.70M totalAdvancedproducts$248.56M · 61.0%
Brickproducts$159.14M · 39.0%
Product / service
$625.24M totalProduct$350.32M · 56.0%
Direct Customers Contract Manufacturers And Non Stocking Distributors$83.01M · 13.3%
Stocking Distributors Net Of Sales Allowances$74.82M · 12.0%
Royalty$57.38M · 9.2%
Royalties$57.38M · 9.2%
Non Recurring Engineering$1.31M · 0.2%
Product And Service Other$1.02M · 0.2%
Geographic
$481.89M totalUS$200.65M · 41.6%
Asia Pacific$162.42M · 33.7%
Country Us$74.19M · 15.4%
Europe$42.85M · 8.9%
All Other Countries$1.79M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
5.81
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Electronic Components, NEC
Comparing VICOR CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Aug 5, 2011 | $0.1500 |
| Jul 14, 2010 | $0.3000 |
| Aug 21, 2008 | $0.1500 |
| Mar 31, 2008 | $0.1500 |
| Aug 10, 2007 | $0.1500 |
| Mar 7, 2007 | $0.1500 |
| Jul 13, 2006 | $0.1500 |
| Feb 24, 2006 | $0.1200 |
| Aug 9, 2005 | $0.1200 |
| Aug 9, 2004 | $0.0800 |