Vicor Q1 FY26 net income jumps 714% to $20.66 million; revenue rises 20.2% to $112.97 million

Vicor Corporation

Vicor Corporation

VICR

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  • Vicor posted Q1 2026 net income of USD 20.66 million, equal to USD 0.44 per diluted share.
  • Revenue climbed 20.2% to USD 112.97 million, driven by improved market demand and higher royalty revenue.
  • Gross margin expanded 8 percentage points to 55.2% on higher volume, improved mix including royalty revenue, and production efficiencies, partly offset by higher freight-in and tariff spending.
  • Backlog surged to about USD 300.62 million, up from USD 176.94 million at end of Q4 2025.
  • Inventories increased 3.8% to USD 94.83 million in anticipation of higher volume to fulfill backlog.


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