Vicor's 2026Q3 revenue of $197.1M (+78.5% YoY) and gross margin expansion to 68.3% from a 47.2% trough in 2025Q1 suggest its Advanced Products AI power modules are converting design wins into booked volume with meaningful operating leverage, as SG&A grew only 69% against the 78.5% revenue gain.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue nearly doubled year-over-year to $197.1M in 2026Q3 (+78.5%) with gross margin expanding ~2,100 bps to 68.3% and operating margin reaching 36.6%, indicating a favorable high-ASP AI module mix and improving Andover fab absorption, though prior quarters show net margins inflated by non-operating items (e.g., 43.4% net margin on a 14.6% operating margin in 2025Q4).
A bullish thesis on Vicor Corporation was highlighted on X.com by @TheValueist, suggesting positive sentiment among investors.
Vicor Corporation's trailing and forward P/E ratios of 90.12 and 82.64 indicate high growth expectations from the market.
Vicor operates in the Technology — Electronic Components sector, which is often associated with innovation and growth potential.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 20, 2026 | $1.33+0.8% vs $1.32 | $197M+5.4% vs $187M |
Q3 2026 Jul 21, 2026 | $1.04+59.5% vs $0.65 | $143M+3.6% vs $138M |
Q2 2026 Apr 21, 2026 | $0.44+17.7% vs $0.37 | $113M+3.3% vs $109M |
Q1 2026 Feb 19, 2026 | $1.01+165.8% vs $0.38 | $107M-0.5% vs $108M |
This Undercovered Dozen series spotlights 12 lesser-covered stocks and ETFs, each with distinct investment theses and ratings. Dan IVES Wedbush AI Revolution ETF is reiterated as a Buy, citing strong stock selection and outperformance versus the S&P 500. Vicor Corporation receives a Strong Buy on record for Q3 results and AI technology leadership, despite recent volatility tied to sector financing concerns.
Vicor (VICR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Vicor Corporation VICR and Synopsys Inc. SNPS are both benefiting from rising investment in artificial intelligence (AI) by serving different parts of the semiconductor ecosystem. Vicor develops high-density power-conversion components that support AI processors, data centers, industrial equipment and defense applications.
Vicor's AI power-delivery demand, surging Advanced Products revenues and expanding backlog support its growth outlook.
Benchmark VICR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Vicor Corporation (VICR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $146.88 | $6.66B | 38.79 | 13.55% | 32.15% | 22.49% | — | |
| $1190.44 | $58.49B | 65.66 | 26.43% | 23.85% | 24.04% | 0.5% | |
| $40.26 | $2.24B | 50.94 | 5.85% | 9.81% | 6.57% | 2.08% | |
| $277.36 | $253.3B | 35.91 | 13.05% | 34.25% | 40.51% | 1.97% | |
| $363.56 | $177.09B | 43.11 | 16.89% | 29.79% | 12.26% | 1.07% | |
| $58.35 | $31.68B | 39.65 | 7.08% | 14.46% | 12.43% | 3.08% |
Vicor Corporation (VICR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Vicor Corporation (VICR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 20, 2026·SEC
Jul 21, 2026·SEC
Jun 23, 2026·SEC
Get notified when VICR posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Vicor Corporation (VICR) stock FAQ — growth, dividends, profitability & financials explained
Vicor Corporation (VICR) reported $560.7M in revenue over the trailing twelve months. Revenue was $407.7M in fiscal year 2025. That is 181% more than the $145.0M of fiscal year 1996.
Vicor Corporation (VICR) grew revenue by 27.0% over the trailing twelve months, compared with the twelve months before.
Yes. Vicor Corporation (VICR) earned $180.3M in net income over the trailing twelve months (a 32.2% net margin).
Vicor Corporation (VICR) had a return on equity (ROE) of 22.5% over the trailing twelve months. That is well above the market's typical 10-15%.
Vicor Corporation (VICR) generated $50.8M in free cash flow over the trailing twelve months.
