VICR
$308.59+6.80%
as of close, Oct 1, 2026
☾ AH $308.59 +6.80%
Vicor CorporationStock · TechnologyNasdaq Composite 0.03%Russell 1000 0.01%US Stock Market 0.01%Russell 3000 0.01%
VICR financial statements
The full income statement, balance sheet, and cash-flow statement for Vicor Corporation (VICR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 45.1M2024-09 45.1M2024-12 45.2M2025-03 45.2M2025-06 44.9M2025-09 44.7M2025-12 45.4M2026-03 45.6M2026-06 46.1M+2.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 408M+13.5% | 359M-11.4% | 405M+1.5% | 399M+11.1% | 359M+21.2% | ||
| Lease income | 1.14M+23.1% | 922K+16.4% | 792K+0.0% | 792K+0.0% | 792K+0.0% | |
| 259M+41.0% | 184M-10.2% | 205M+13.5% | 181M+1.3% | 178M+35.6% | ||
| Cost of revenue | 193M+10.4% | 175M-12.5% | 200M-8.4% | 219M+20.6% | 181M+9.7% | |
| 178M-4.2% | 185M+20.7% | 154M+0.1% | 153M+25.1% | 123M+7.5% | ||
| Research & development | 78.6M+14.0% | 68.9M+1.6% | 67.9M+12.0% | 60.6M+14.1% | 53.1M+4.3% | |
| Selling, general & administrative | 99.0M+2.2% | 96.9M+13.0% | 85.7M-0.6% | 86.3M+24.1% | 69.5M+10.0% | |
| Amortization of intangibles | 30.0K-30.2% | 43.0K-34.8% | 66.0K-12.0% | 75.0K-21.9% | 96.0K-9.4% | |
| Provision for credit losses | 7.00K | 0.00-100.0% | 43.0K+760.0% | 5.00K | 0.00-100.0% | |
| Operating income | 81.8M+6346.4% | -1.31M-102.6% | 51.4M+88.8% | 27.2M-51.1% | 55.6M+220.1% | |
| Interest & investment income | — | — | — | — | 930K+878.9% | |
| Net interest income | 12.1M+5.8% | 11.5M+39.6% | 8.22M+525.8% | 1.31M+41.2% | 930K+878.9% | |
| Other non-operating income | 12.7M+8.0% | 11.8M+32.8% | 8.89M+499.2% | 1.48M+23.7% | 1.20M+10.1% | |
| Gain (loss) on equity securities | -179K-261.3% | 111K+220.7% | -92.0K-441.2% | -17.0K-113.9% | 122K+1642.9% | |
| Pre-tax income | 94.6M+801.8% | 10.5M-82.6% | 60.2M+110.0% | 28.7M-49.5% | 56.8M+207.7% | |
| Income tax | -24.0M-652.6% | 4.35M-34.6% | 6.64M+103.7% | 3.26M+1752.8% | 176K-67.3% | |
| 119M+1834.3% | 6.13M-88.6% | 53.6M+110.6% | 25.4M-55.1% | 56.6M+216.2% | ||
| Net income to non-controlling interest | 40.0K+300.0% | 10.0K+100.0% | 5.00K+125.0% | -20.0K-600.0% | 4.00K-66.7% | |
| $2.61+1764.3% | $0.14-88.2% | $1.19+108.8% | $0.57-54.8% | $1.26+207.3% | ||
| EPS (basic) | $2.63+1778.6% | $0.14-88.4% | $1.21+108.6% | $0.58-55.4% | $1.30+209.5% | |
| Weighted-avg shares (basic) | 45.0M+0.3% | 44.9M+1.3% | 44.3M+0.7% | 44.0M+0.8% | 43.7M+3.5% | |
| Weighted-avg shares (diluted) | 45.5M+0.6% | 45.2M+0.4% | 45.0M+0.2% | 44.9M-0.2% | 45.0M+2.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 587M+26.9% | 463M+10.2% | 420M+15.9% | 363M+1.6% | 357M+12.6% | ||
| Cash & equivalents | 403M+45.3% | 277M+14.5% | 242M+27.1% | 191M+4.5% | 182M+12.8% | |
| Short-term investments | — | — | — | 0.00-100.0% | 45.2M-9.9% | |
| Accounts receivable | 60.7M+14.7% | 52.9M+0.6% | 52.6M-19.6% | 65.4M+18.8% | 55.1M+34.4% | |
| Inventory | 91.3M-13.9% | 106M-0.5% | 107M+5.1% | 101M+50.6% | 67.3M+17.6% | |
| Other current assets | 32.5M+21.4% | 26.8M+41.4% | 18.9M+267.4% | 5.15M-23.2% | 6.71M-0.7% | |
| 786M+22.6% | 641M+7.8% | 595M+10.8% | 537M+12.5% | 477M+20.4% | ||
| Property, plant & equipment | 148M-3.3% | 153M-3.2% | 158M-5.0% | 166M+43.1% | 116M+55.0% | |
| Operating lease right-of-use | 6.05M-5.0% | 6.37M-13.8% | 7.39M-9.9% | 8.20M+77.4% | 4.62M+3.9% | |
| Long-term investments | 2.46M-6.8% | 2.64M+4.4% | 2.53M-3.5% | 2.62M-0.6% | 2.64M+4.8% | |
| Deferred tax assets | 27.5M+10422.2% | 261K-11.8% | 296K+5.7% | 280K+34.6% | 208K-8.0% | |
| Other non-current assets | 20.9M-7.2% | 22.5M+60.5% | 14.0M+160.0% | 5.39M+231.9% | 1.62M-5.7% | |
| 65.3M+5.7% | 61.8M+40.0% | 44.2M-31.6% | 64.5M+31.5% | 49.1M+21.2% | ||
| Accounts payable | 12.3M+40.7% | 8.74M-27.8% | 12.1M-45.5% | 22.2M+4.8% | 21.2M+50.1% | |
| Accrued liabilities | 3.69M-44.0% | 6.59M+29.4% | 5.09M-40.9% | 8.61M+107.1% | 4.16M+58.5% | |
| Deferred revenue | 3.43M-35.5% | 5.31M+68.3% | 3.16M-76.1% | 13.2M+66.8% | 7.91M+8.3% | |
| Current lease liability | 1.57M-8.6% | 1.72M-7.9% | 1.86M+28.6% | 1.45M-6.5% | 1.55M-4.8% | |
| 74.0M+4.5% | 70.8M+31.7% | 53.8M-25.9% | 72.6M+36.1% | 53.3M+18.2% | ||
| Deferred revenue (non-current) | — | 0.00-100.0% | 1.02M+603.4% | 145K-64.9% | 413K-43.7% | |
| Non-current lease liability | 5.61M-0.2% | 5.62M-11.7% | 6.36M-9.2% | 7.01M+117.3% | 3.23M+8.7% | |
| Operating lease liability (total) | 7.42M+1.2% | 7.34M-10.8% | 8.23M-2.7% | 8.46M+77.1% | 4.78M+3.9% | |
| 712M+24.8% | 570M+5.4% | 541M+16.5% | 464M+9.6% | 424M+20.7% | ||
| Additional paid-in capital | 462M+13.4% | 408M+6.2% | 384M+6.5% | 360M+4.3% | 346M+5.3% | |
| Retained earnings | 421M+39.2% | 303M+2.1% | 297M+22.0% | 243M+11.7% | 218M+35.2% | |
| Treasury stock | 171M+22.6% | 139M+0.4% | 139M+0.0% | 139M+0.0% | 139M+0.0% | |
| Accumulated other comprehensive income | -1.67M-11.8% | -1.50M-17.4% | -1.27M-28.8% | -988K+25.6% | -1.33M-551.0% | |
| Non-controlling interest | 259K+17.7% | 220K-7.2% | 237K-4.4% | 248K-19.0% | 306K-8.7% | |
| Total equity incl. non-controlling | 712M+24.8% | 570M+5.4% | 541M+16.5% | 464M+9.5% | 424M+20.7% | |
| Total liabilities & equity | 786M+22.6% | 641M+7.8% | 595M+10.8% | 537M+12.5% | 477M+20.4% | |
| Common shares outstanding | — | — | — | — | 11.8M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 140M+174.5% | 50.8M-31.8% | 74.5M+224.9% | 22.9M-57.9% | 54.4M+56.7% | ||
| Depreciation & amortization | 20.8M+11.6% | 18.6M+8.0% | 17.2M+25.1% | 13.8M+17.7% | 11.7M+5.9% | |
| Intangible amortization | 30.0K-30.2% | 43.0K-34.8% | 66.0K-12.0% | 75.0K-21.9% | 96.0K-9.4% | |
| Deferred income taxes | -27.2M-453366.7% | 6.00K+117.6% | -34.0K+64.9% | -97.0K-638.9% | 18.0K+185.7% | |
| Change in receivables | 7.76M+1507.5% | 483K+103.8% | -12.6M-219.4% | 10.6M-26.0% | 14.3M+407.8% | |
| Change in inventory | -14.7M-3119.3% | -457K-108.7% | 5.24M-84.7% | 34.2M+237.5% | 10.1M+25.9% | |
| -20.3M+13.9% | -23.6M+29.4% | -33.5M-76.4% | -19.0M+56.6% | -43.7M+44.6% | ||
| Capital expenditure | 20.3M-13.9% | 23.6M-29.4% | 33.5M-47.7% | 64.0M+33.9% | 47.8M+66.7% | |
| Free cash flow | 119M+337.7% | 27.2M-33.7% | 41.1M+200.1% | -41.0M-713.9% | 6.68M+9.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | — | 0.00 | 0.00-100.0% | 45.0M-40.0% | 75.0M | |
| 6.32M-20.9% | 7.99M-24.6% | 10.6M+138.8% | 4.44M-56.0% | 10.1M-91.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 35.2M+6977.5% | 497K | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | — | — | — | — | -197K-280.7% | |
| Net change in cash | 126M+258.1% | 35.1M-32.1% | 51.6M+529.9% | 8.19M-60.4% | 20.7M-73.2% | |
| Income taxes paid | 4.86M+13.0% | 4.30M+3.6% | 4.15M+428.7% | -1.26M-95.8% | -645K-716.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.97B+127.8% | 2.18B+9.3% | 2.00B-15.6% | 2.37B-57.6% | 5.58B+39.3% | |
| P/E | 41.9×-88.2% | 356.2×+844.9% | 37.7×-58.2% | 90.1×-8.5% | 98.5×-55.9% | |
| P/S | 12.2×+100.6% | 6.1×+27.2% | 4.8×-22.5% | 6.2×-60.3% | 15.5×+15.0% | |
| P/B | 7.0×+82.5% | 3.8×+1.3% | 3.8×-27.7% | 5.2×-60.3% | 13.2×+15.4% | |
| P/FCF | 41.7×-48.0% | 80.1×-40.0% | 133.6× | — | 834.7×+26.9% | |
| Earnings yield | 2.4%+749.2% | 0.28%-89.4% | 2.7%+139.1% | 1.1%+9.3% | 1.0%+126.9% | |
| FCF yield | 2.4%+92.2% | 1.2%+66.7% | 0.75% | — | 0.12%-21.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: VICR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VICR filings on SEC EDGAR → Not investment advice.