Stocks · Technology · Electronic Components, NEC

VICOR CORP

VICR Clue Score64
United States Fiscal year ends December CIK 0000751978
$266.07 +1.43% Close, 9 Oct 2026
Price $266.07 +88.72% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue200.3Operating income−6.3Net income−6.2EPS, diluted−0.16Fiscal year 2017Revenue227.8 +13.8%Operating income−1.4Net income0.2EPS, diluted0.00Fiscal year 2018Revenue291.2 +27.8%Operating income32.1Net income31.7 +18,897.0%EPS, diluted0.78Fiscal year 2019Revenue263.0 −9.7%Operating income13.8Net income14.1 −55.6%EPS, diluted0.34 −56.4%Fiscal year 2020Revenue296.6 +12.8%Operating income17.4Net income17.9 +27.0%EPS, diluted0.41 +20.6%Fiscal year 2021Revenue359.4 +21.2%Operating income55.6Net income56.6 +216.2%EPS, diluted1.26 +207.3%Fiscal year 2022Revenue399.1 +11.1%Operating income27.2Net income25.4 −55.1%EPS, diluted0.57 −54.8%Fiscal year 2023Revenue405.1 +1.5%Operating income51.4Net income53.6 +110.6%EPS, diluted1.19 +108.8%Fiscal year 2024Revenue359.1 −11.4%Operating income−1.3Net income6.1 −88.6%EPS, diluted0.14 −88.2%Fiscal year 2025Revenue407.7 +13.5%Operating income81.8Net income118.6 +1,834.3%EPS, diluted2.61 +1,764.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 200.3 227.8 291.2 263.0 296.6 359.4 399.1 405.1 359.1 407.7
Growth +13.8% +27.8% −9.7% +12.8% +21.2% +11.1% +1.5% −11.4% +13.5%
Operating income −6.3 −1.4 32.1 13.8 17.4 55.6 27.2 51.4 −1.3 81.8
Net income −6.2 0.2 31.7 14.1 17.9 56.6 25.4 53.6 6.1 118.6
Growth +18,897.0% −55.6% +27.0% +216.2% −55.1% +110.6% −88.6% +1,834.3%
EPS, diluted −0.16 0.00 0.78 0.34 0.41 1.26 0.57 1.19 0.14 2.61
Growth −56.4% +20.6% +207.3% −54.8% +108.8% −88.2% +1,764.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin45.5%Operating margin−3.2%Net margin−3.1%Free cash flow margin−3.9%Fiscal year 2017Gross margin44.6%Operating margin−0.6%Net margin0.1%Free cash flow margin−6.6%Fiscal year 2018Gross margin47.7%Operating margin11.0%Net margin10.9%Free cash flow margin6.2%Fiscal year 2019Gross margin46.8%Operating margin5.3%Net margin5.4%Free cash flow margin3.7%Fiscal year 2020Gross margin44.3%Operating margin5.9%Net margin6.0%Free cash flow margin2.1%Fiscal year 2021Gross margin49.6%Operating margin15.5%Net margin15.8%Free cash flow margin1.9%Fiscal year 2022Gross margin45.2%Operating margin6.8%Net margin6.4%Free cash flow margin−10.3%Fiscal year 2023Gross margin50.6%Operating margin12.7%Net margin13.2%Free cash flow margin10.1%Fiscal year 2024Gross margin51.2%Operating margin−0.4%Net margin1.7%Free cash flow margin7.6%Fiscal year 2025Gross margin63.6%Operating margin20.1%Net margin29.1%Free cash flow margin29.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 45.5% 44.6% 47.7% 46.8% 44.3% 49.6% 45.2% 50.6% 51.2% 63.6%
Operating margin −3.2% −0.6% 11.0% 5.3% 5.9% 15.5% 6.8% 12.7% −0.4% 20.1%
Net margin −3.1% 0.1% 10.9% 5.4% 6.0% 15.8% 6.4% 13.2% 1.7% 29.1%
Free cash flow margin −3.9% −6.6% 6.2% 3.7% 2.1% 1.9% −10.3% 10.1% 7.6% 29.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.5Capital expenditure−8.4Free cash flow−7.9Fiscal year 2017Operating cash flow−2.5Capital expenditure−12.5Free cash flow−15.0Fiscal year 2018Operating cash flow36.2Capital expenditure−18.2Free cash flow18.0Fiscal year 2019Operating cash flow22.2Capital expenditure−12.5Free cash flow9.7 −45.8%Fiscal year 2020Operating cash flow34.7Capital expenditure−28.7Free cash flow6.1 −37.4%Fiscal year 2021Operating cash flow54.4Capital expenditure−47.8Free cash flow6.7 +9.8%Fiscal year 2022Operating cash flow22.9Capital expenditure−64.0Free cash flow−41.0 −713.9%Buybacks0.0Fiscal year 2023Operating cash flow74.5Capital expenditure−33.5Free cash flow41.1Buybacks0.0Fiscal year 2024Operating cash flow50.8Capital expenditure−23.6Free cash flow27.2 −33.7%Buybacks−0.5Fiscal year 2025Operating cash flow139.5Capital expenditure−20.3Free cash flow119.2 +337.7%Buybacks−35.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.5 −2.5 36.2 22.2 34.7 54.4 22.9 74.5 50.8 139.5
Capital expenditure −8.4 −12.5 −18.2 −12.5 −28.7 −47.8 −64.0 −33.5 −23.6 −20.3
Free cash flow −7.9 −15.0 18.0 9.7 6.1 6.7 −41.0 41.1 27.2 119.2
Growth −45.8% −37.4% +9.8% −713.9% −33.7% +337.7%
Buybacks n/a n/a n/a n/a n/a n/a 0.0 0.0 −0.5 −35.2

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash56.2Shareholders’ equity130.8Fiscal year 2017Cash44.2Shareholders’ equity136.1Fiscal year 2018Cash70.6Shareholders’ equity183.7Fiscal year 2019Cash84.7Shareholders’ equity205.6Fiscal year 2020Cash161.7Shareholders’ equity350.8Fiscal year 2021Cash182.4Shareholders’ equity423.6Fiscal year 2022Cash190.6Shareholders’ equity464.1Fiscal year 2023Cash242.2Shareholders’ equity540.9Fiscal year 2024Cash277.3Shareholders’ equity570.1Fiscal year 2025Cash402.8Shareholders’ equity711.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 56.2 44.2 70.6 84.7 161.7 182.4 190.6 242.2 277.3 402.8
Shareholders’ equity 130.8 136.1 183.7 205.6 350.8 423.6 464.1 540.9 570.1 711.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
45.5% 44.6% 47.7% 46.8% 44.3% 49.6% 45.2% 50.6% 51.2% 63.6%
−3.2% −0.6% 11.0% 5.3% 5.9% 15.5% 6.8% 12.7% −0.4% 20.1%
−3.0% −0.0% 11.3% 5.7% 6.2% 15.8% 7.2% 14.9% 2.9% 23.2%
−3.1% 0.1% 10.9% 5.4% 6.0% 15.8% 6.4% 13.2% 1.7% 29.1%
−3.9% −6.6% 6.2% 3.7% 2.1% 1.9% −10.3% 10.1% 7.6% 29.2%
Spending
20.9% 19.7% 15.2% 17.7% 17.2% 14.8% 15.2% 16.8% 19.2% 19.3%
27.8% 25.5% 21.4% 23.8% 21.3% 19.3% 21.6% 21.2% 27.0% 24.3%
4.2% 5.5% 6.3% 4.7% 9.7% 13.3% 16.0% 8.3% 6.6% 5.0%
n/a n/a 3.3% 5.2% 2.9% 0.3% 11.4% 11.0% 41.5% −25.4%
Returns
−4.8% 0.1% 17.3% 6.9% 5.1% 13.4% 5.5% 9.9% 1.1% 16.7%
−4.1% 0.1% 14.4% 5.9% 4.5% 11.9% 4.7% 9.0% 1.0% 15.1%
Balance and payout
15.0% 17.7% 16.7% 14.5% 11.4% 11.2% 13.5% 9.0% 11.0% 9.4%
n/a n/a n/a n/a n/a n/a n/a 0.0% 1.8% 29.5%