Pulling SEC filings + quote and writing the call…

VICOR CORP
Next earnings Jul 20, 2026 · consensus $0.61 EPS, $137M rev
Last earnings +9.5% on 2026-04-21
Debt-free AI-power-delivery specialist with a real earnings inflection, but 127x P/E and lumpy results leave no margin for error.
Sources: SEC EDGAR (CIK 0000751978, latest 10-Q filed 2026-04-30) · EODHD · analysis by claude-code · as of 6/21/2026, 8:44:13 PM.
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Middling fundamentals and a rich price (~70% above fair value) leave little margin of safety — a wait-and-see.
Vicor designs modular power-conversion components, with its Advanced Products line now concentrated in the data-center and hyperscaler segments where it has built a leadership position powering high-performance AI processors. FY2025 was a sharp inflection: revenue grew 13.5% to $408M, gross margin expanded to 63.6% (gross profit up 41.0% to $259M), and net income exploded to $119M from just $6.13M a year earlier — diluted EPS of $2.61. The balance sheet is pristine: $403M cash (up 45.3%), only $74.0M total liabilities against $712M equity (liabilities/equity of 0.10x), and $140M of operating cash flow. The company also repurchased stock under a $100M authorization and shrank shares 10.9%.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $359M | $399M | $405M | $359M | $408M |
| Gross profit | $178M | $181M | $205M | $184M | $259M |
| Operating income | $55.6M | $27.2M | $51.4M | -$1.31M | $81.8M |
| Net income | $56.6M | $25.4M | $53.6M | $6.13M | $119M |
| Diluted EPS | $1.26 | $0.57 | $1.19 | $0.14 | $2.61 |
| Net margin | 15.8% | 6.4% | 13.2% | 1.7% | 29.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1048 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Last 90 days: 0 open-market buys · 67 sales
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 301.00 @ $314.42 | $94.6K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 2.00K @ $315.57 | $631K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 200.00 @ $316.53 | $63.3K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 673.00 @ $317.61 | $214K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 600.00 @ $318.68 | $191K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 1.10K @ $319.84 | $352K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 1.60K @ $321.09 | $514K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 1.62K @ $322.24 | $523K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 891.00 @ $323.03 | $288K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 76.00 @ $323.98 | $24.6K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 938.00 @ $325.20 | $305K |
| 2026-06-24 | VINCIARELLI PATRIZIO Chairman & CEO | Sell | 200.00 @ $326.16 | $65.2K |
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.