Vicor Corporation (VICR)

From the record

Vicor Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Vicor Corporation's 10 filed years say what it did: revenue went from $200 million in fiscal 2016 to $408 million in fiscal 2025, up 8.2% a year; it rose in 7 of 9 years; the deepest fall was 11% from fiscal 2023 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Vicor Corporation's diluted share count grew about 0.4% a year, and dividends and buybacks returned about 13% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 993 sales (866 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Vicor Corporation earned about 17 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 33 cents per dollar of everything the company owns. Leverage: it owed about 9 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

From the record

Vicor Corporation's standing among 12 graded names in its industry family: revenue of $408 million in fiscal 2025 ranks in the top 32% by size; a net margin of 29.1% ranks in the top 12%; revenue growth of 0.7% a year over the last 3 filed years ranks in the top 50% (its annual reports).

From the record

Vicor Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Vinciarelli, Patrizio (Chairman & CEO, as filed), filing under that title since 2006-02-10, 20.8 years (top 6% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 11.1 years (top 17%); no officer or director change was reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Vicor Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $403 million against no long-term debt tagged leaves 51.3% of its assets as net cash, top 21% of its family; cash from operations less capital spending is 29.2% of revenue (top 4%); a gross margin of 63.6% (top 15%); research spending of 19.3% of revenue (top 35%) (its annual report).

From the record

Vicor Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 0.7% a year over the last three filed years against 8.2% over all 10, slowing (bottom 14% of its family); the newest year grew 13.6% (top 29%); research spending grew 9% a year (top 32%); capital spending grew -31.8% a year (bottom 23%) (its annual reports). Vicor Corporation reported 5 product lines in fiscal 2025: Direct Customers Contract Manufacturers and Non Stocking Distributors at $235 million (51%), Stocking Distributors Net of Sales Allowances at $109 million (24%), Royalties at $57 million (13%), and 2 more; 4 of 5 grew against the year before (its annual report).

From the record

Vicor Corporation's newest year against its own record: revenue of $408 million in fiscal 2025 came in 19.7% above the $341 million its prior three years' pace pointed to (top 23% of its family); net income of $119 million against a prior three-year average of $28 million (top 4%); a net margin of 29.1% against 7.1% before (top 12%) (its annual reports).