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Companies / Industrials / Vicor Corporation
VICR

Vicor Corporation

IndustrialsElectronic Equipment
Ticker VICRANDOVER, MAFiscal year ends DecemberBook value per share $19.07Diluted shares 47.5M

Vicor Corporation (Nasdaq: VICR) designs, develops, manufactures, and markets modular power components and systems that convert electrical power for electronic equipment. Its products include Advanced Products, such as modular components for its Factorized Power Architecture and Power-on-Package solutions used in… From the company’s description.

In fiscal 2025, Vicor Corporation reported revenue of $452.70M, up 26.1% from fiscal 2024, and net income of $118.60M. Its operating margin was 18.1%, and operations generated $139.55M in cash. Over the twelve months to Sep 30, 2026, revenue was $560.70M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$452.70MFY2025
+26.1% year over year
Last 12 mo $560.70M
18.08%FY2025
+18.4 percentage points
Last 12 mo 24.90%
$118.60MFY2025
+1831.8% year over year
Last 12 mo $180.33M
16.66%FY2025
+15.6 percentage points
Last 12 mo 19.89%
Cash & financing
$139.55MFY2025
+174.5% year over year
Last 12 mo $96.07M
$119.23MFY2025
+337.7% year over year
Last 12 mo $50.83M
—
45.5MFY2025
+0.6% year over year
Last 12 mo 47.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Vicor Corporation does

In the company’s own words

Vicor Corporation (Nasdaq: VICR) designs, develops, manufactures, and markets modular power components and systems that convert electrical power for electronic equipment. Its products include Advanced Products, such as modular components for its Factorized Power Architecture and Power-on-Package solutions used in high-performance computing, and Brick Products, including integrated DC-DC converters and standard or custom power systems. Customers include data center and hyperscale computing companies, aerospace and defense manufacturers, industrial and test-equipment producers, transportation businesses, and telecommunications and vehicle companies. Vicor also earns revenue through licensing its intellectual property. It reports two product categories: Advanced Products accounted for approximately 61% of 2025 revenue, while Brick Products accounted for approximately 39%. In fiscal 2025, total revenue was approximately $407 million, and the company had 1,092 full-time employees at year-end. Vicor was incorporated in 1981 and completed its initial public offering in 1991. Its website is www.vicorpower.com.

Company details
Sector
Industrials
Industry (SIC)
Electronic Equipment
Headquarters
ANDOVER, MA
Fiscal year end
December
CIK
751978
SIC
3679

Financial performance, year by year

Fiscal 2013–2025 · USD
$-81.92M$93.34M$268.60M$443.86M$619.12M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Vicor Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

416
funds hold it
1 of 35
superinvestors hold it
$3.64B
held by funds, at market

Superinvestors in Vicor Corporation · what they did last quarter

Polen CapitalINCREASED +7.4%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Vicor Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.24%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.12%of fund net assets
Needham Aggressive Growth Fund
NEAGX · Needham Funds Inc
6.94%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.27%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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