Saturday 17 October 2026
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Vicor Corporation
VICR Technology Electronic Components
Vicor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $452.7 million, up 26.1% from fiscal 2024. In the quarter to June 2026, revenue grew 1.63%, EPS grew 17.4% and free cash flow fell 61.1%, each against the same quarter a year earlier.
191.50
28.42
−12.92%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 7.00 | 13.90 | 16.30 | 26.50 | 30.42 | 74.08 | 42.90 | 35.48 | 30.90 | 38.92 |
Analyst estimates 2026–2028 Powerpack |
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| High | 16.15 | 25.65 | 64.50 | 49.27 | 96.64 | 164.76 | 128.96 | 98.38 | 61.05 | 116.33 | |||||
| People | |||||||||||||||
| People | Employees | 971 | 970 | 1,007 | 1,014 | 1,049 | 1,027 | 1,088 | 1,063 | 1,100 | 1,115 | ||||
| Revenue/emp, $m | 0.21 | 0.23 | 0.29 | 0.26 | 0.28 | 0.35 | 0.37 | 0.38 | 0.33 | 0.41 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 200 | 228 | 291 | 263 | 297 | 359 | 399 | 405 | 359 | 453 | ||||
| Gross margin, % | 45.54 | 44.62 | 47.72 | 46.76 | 44.32 | 49.59 | 45.24 | 50.59 | 51.24 | 57.31 | |||||
| EBT | (6) | 0 | 33 | 15 | 18 | 57 | 29 | 60 | 10 | 95 | |||||
| EBT margin, % | (3.01) | (0.04) | 11.31 | 5.66 | 6.22 | 15.81 | 7.19 | 14.87 | 2.92 | 20.89 | |||||
| Net income | (6) | 0 | 32 | 14 | 18 | 57 | 25 | 54 | 6 | 119 | |||||
| Depreciation | 8 | 9 | 9 | 10 | 11 | 12 | 15 | 17 | 19 | 21 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 5.16 | 5.81 | 7.30 | 6.52 | 7.03 | 8.23 | 9.07 | 9.14 | 7.99 | 10.05 | ||||
| Earnings | (0.16) | 0.00 | 0.80 | 0.35 | 0.42 | 1.30 | 0.58 | 1.21 | 0.14 | 2.63 | |||||
| Cash flow | 0.01 | (0.06) | 0.91 | 0.55 | 0.82 | 1.25 | 0.52 | 1.68 | 1.13 | 3.10 | |||||
| Capex | (0.22) | (0.32) | (0.46) | (0.31) | (0.68) | (1.09) | (1.45) | (0.75) | (0.53) | (0.45) | |||||
| Free cash flow | (0.20) | (0.38) | 0.45 | 0.24 | 0.14 | 0.15 | (0.93) | 0.93 | 0.61 | 2.65 | |||||
| Book value | 3.37 | 3.48 | 4.62 | 5.10 | 8.32 | 9.71 | 10.55 | 12.21 | 12.70 | 15.80 | |||||
| Shares, m | 39 | 39 | 40 | 40 | 42 | 44 | 44 | 44 | 45 | 45 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 2,115.00 | 47.84 | 133.49 | 224.93 | 97.68 | 95.02 | 34.98 | 357.66 | 41.52 | ||||
| P/S | 2.99 | 3.64 | 5.17 | 7.17 | 13.12 | 15.42 | 5.98 | 4.59 | 6.04 | 10.90 | |||||
| P/B | 4.57 | 6.08 | 8.18 | 9.15 | 11.08 | 13.08 | 5.14 | 3.44 | 3.81 | 6.93 | |||||
| EV/Sales | 2.71 | 3.45 | 4.93 | 6.84 | 12.40 | 14.79 | 5.50 | 4.00 | 5.27 | 10.01 | |||||
| EV/FCF | (68.76) | (52.38) | 79.71 | 185.02 | 604.12 | 795.33 | (53.53) | 39.40 | 69.49 | 38.02 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 1 | (2) | 36 | 22 | 35 | 54 | 23 | 75 | 51 | 140 | ||||
| Capex | (8) | (13) | (18) | (12) | (29) | (48) | (64) | (33) | (24) | (20) | |||||
| Free cash flow | (8) | (15) | 18 | 10 | 6 | 7 | (41) | 41 | 27 | 119 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 90 | 91 | 129 | 149 | 276 | 308 | 298 | 376 | 401 | 522 | ||||
| Total debt | — | — | — | 4 | 5 | 5 | 8 | — | — | — | |||||
| Net debt | (56) | (44) | (71) | (85) | (212) | (228) | (191) | (242) | (277) | (403) | |||||
| Shareholders’ equity | 131 | 136 | 184 | 206 | 351 | 424 | 464 | 541 | 570 | 712 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (4.01) | 0.10 | 16.40 | 6.11 | 5.62 | 12.97 | 5.02 | 9.47 | 0.99 | 16.62 | ||||
| ROIC | (5.27) | (0.92) | 17.65 | 7.13 | 7.80 | 17.71 | 6.21 | 10.74 | (0.28) | 16.55 | |||||
| ROE | (4.68) | 0.12 | 19.80 | 7.23 | 6.43 | 14.61 | 5.73 | 10.66 | 1.10 | 18.49 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Vicor Corporation vs peers in Electronic Components (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| JBL Jabil, Inc. | $30.1B | 28.2× | 31.7× | +28.65% (above 0%: growing) | +86.61% (above 0%: growing) | +7.13% (above 0%: growing) | 9.43% | 5.67% | Compare |
| FN Fabrinet | $13.8B | 27.5× | 38.1× | +44.64% (above 0%: growing) | +59.43% (above 0%: growing) | −885.01% (below 0%: shrinking) | 12.01% | 10.20% | Compare |
| TTMI TTM Technologies, Inc. | $10.7B | 41.2× | 53.7× | +37.42% (above 0%: growing) | +95.12% (above 0%: growing) | +22.47% (above 0%: growing) | 21.10% | 10.86% | Compare |
| VICR Vicor Corporation | $10.1B | 60.0× | 96.1× | +1.63% (above 0%: growing) | +17.39% (above 0%: growing) | −61.09% (below 0%: shrinking) | 57.98% | 24.33% | |
| SANM Sanmina Corporation | $10.1B | 30.8× | 44.7× | +69.67% (above 0%: growing) | +69.53% (above 0%: growing) | −85.58% (below 0%: shrinking) | 10.49% | 6.39% | Compare |
| LFUS Littelfuse, Inc. | $10.0B | — (loss-making) | 32.2× | +20.44% (above 0%: growing) | +52.16% (above 0%: growing) | +86.12% (above 0%: growing) | 41.43% | 16.21% | Compare |
| RAL Ralliant Corporation | $7.6B | — (loss-making) | 31.1× | +12.82% (above 0%: growing) | +21.43% (above 0%: growing) | +34.28% (above 0%: growing) | 51.59% | 14.48% | Compare |
| PLXS Plexus Corp. | $6.4B | 33.3× | 39.4× | +28.13% (above 0%: growing) | −3.59% (below 0%: shrinking) | −105.73% (below 0%: shrinking) | 10.07% | 4.70% | Compare |
| OLED Universal Display Corporation | $3.6B | 18.8× | 20.1× | −11.43% (below 0%: shrinking) | −24.82% (below 0%: shrinking) | −45.68% (below 0%: shrinking) | 75.82% | 35.26% | Compare |
| Median of peers | $10.0B | 29.5× | 35.2× | +28.39% | +55.80% | −19.27% | 16.56% | 10.53% |
Vicor Corporation (VICR) key facts
- Strength: Vicor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $452.7 million, up 26.1% from fiscal 2024.
- Vicor Corporation (VICR) is an Electronic Components company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, VICR traded at $191.50, a market capitalization of $10.1 billion.
- Return on equity was 18.5% and debt-to-equity 0.00.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 42.48 (safe zone) for fiscal 2025.