Strong backlog growth and margin expansion suggest accelerating demand; monitor next quarter for sustained execution. The sequential revenue increase and record backlog indicate improving fundamentals in core markets.
Price Chart
Executive Summary
Vicor reported Q1 revenue of $113.0M (20.2% YoY growth) and EPS of $0.44, beating consensus of $0.41. Backlog surged 75% YoY to $301M, signaling strong demand in high-performance computing and defense. Gross margin expanded to 55.2% despite higher operating expenses.
Key Financial Metrics
Key Facts
- Q1 revenue: $113.0M (+20.2% YoY, +5.3% QoQ)
- EPS: $0.44 vs. consensus $0.41 (beat)
- Backlog: $301M (+75% YoY, +70% QoQ)
- Gross margin: 55.2% (up from 47.2% YoY)
- Net income: $20.7M vs. $2.5M YoY
Financial Impact
Revenue $113.0M (+$19.0M YoY), EPS $0.44 (+$0.38 YoY), backlog $301M (+$129M YoY)
Risk Factors
- Operating expenses increased to $45.5M (up YoY and QoQ), pressuring operating leverage
- Cash flow used from operations was $(3.9)M, primarily due to $28.6M litigation payment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-165105 |
| Document: d139425d8k.htm | 0001193125-26-165105 |
| Document: 0001193125-26-165105-index-headers.html | 0001193125-26-165105 |
| Document: 0001193125-26-165105-index.html | 0001193125-26-165105 |
| Document: 0001193125-26-165105.txt | 0001193125-26-165105 |
| 8-K Data (Synthetic) | 0001193125-26-165105 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Press Release | $197.91 $222.72 | ▲ +12.54% | ▲ +12.76% | $308.90 (+56.08%) |
Aug 27, 2026 5w ago | 8-K | $203.64 $178.76 | ▼ −12.22% | ▼ −12.49% | $308.90 (+51.69%) |
Aug 19, 2026 6w ago | Insider Cluster | $217.35 $197.23 | ▼ −9.26% | ▼ −8.87% | $308.90 (+42.12%) |
Aug 19, 2026 6w ago | Insider Cluster | $217.35 $197.23 | ▼ −9.26% | ▼ −8.87% | $308.90 (+42.12%) |
Jul 21, 2026 10w ago | 8-K | $214.70 $206.44 | ▼ −3.85% | ▼ −2.62% | $308.90 (+43.88%) |
Jul 21, 2026 10w ago | Press Release | $214.70 $206.44 | ▼ −3.85% | ▼ −2.62% | $308.90 (+43.88%) |
Jul 7, 2026 12w ago | Press Release | $257.34 $264.50 | ▲ +2.78% | ▲ +2.23% | $308.90 (+20.04%) |
Jul 7, 2026 12w ago | Insider Cluster | $257.34 $264.50 | ▲ +2.78% | ▲ +2.23% | $308.90 (+20.04%) |
Jul 6, 2026 12w ago | Insider Cluster | $285.34 $272.05 | ▼ −4.66% | ▼ −5.15% | $308.90 (+8.26%) |
Jul 6, 2026 12w ago | Insider Cluster | $285.34 $272.05 | ▼ −4.66% | ▼ −5.15% | $308.90 (+8.26%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access