Vicor Q4 Earnings Beat Expectations Amid Growth Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 9 hours ago
0mins
Should l Buy VICR?
Source: seekingalpha
- Earnings Beat: Vicor reported Q4 GAAP EPS of $1.01, exceeding expectations by $0.64, although revenue of $107.3 million, up 11.5% year-over-year, fell short by $0.48 million, indicating market demand volatility.
- Optimistic Outlook: CEO Patrizio Vinciarelli stated that rising demand in high-performance computing, automatic test equipment, and industrial, aerospace, and defense applications is expected to drive record product revenues in 2026, highlighting the company's growth potential in key markets.
- IP Protection Actions: The U.S. International Trade Commission has initiated a second investigation into the illegal importation of power modules and computing systems infringing Vicor's IP, which is expected to lead to an exclusion order affecting certain customers, particularly unlicensed OEMs and hyperscalers, further solidifying Vicor's market position.
- Capacity Expansion Plans: As Vicor's first ChiP fab approaches high utilization, the company plans to build a second fab and explore opportunities to expand total capacity by enabling an alternate source of high current density 2nd Gen VPD modules, ensuring licensed OEMs and hyperscalers have access to best-in-class power system technology.
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Analyst Views on VICR
Wall Street analysts forecast VICR stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 155.610
Low
90.00
Averages
102.50
High
115.00
Current: 155.610
Low
90.00
Averages
102.50
High
115.00
About VICR
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices. It offers a range of alternating current (AC) and direct current (DC) power conversion products. It also provides products addressing other DC voltage standards. It categorizes its offerings as Advanced products and Brick products. Its Advanced products category consists of products, which are used to implement its proprietary Factorized Power Architecture (FPA), an advanced power distribution architecture enabling flexible, rapid power system design using individual components optimized to perform a specific conversion function. The Brick-format converters provide the integrated transformation, rectification, isolation, regulation, filtering, and/or input protection necessary to power and protect loads, across a range of conventional power architectures. It offers a range of brick-format DC-DC converters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Vicor Corporation Shares Drop Despite Tripling Q4 Earnings Expectations
- Earnings Beat: Vicor Corporation reported a Q4 EPS of $1.01, significantly exceeding the $0.44 consensus, yet shares fell 9.1% in after-hours trading, indicating investor concerns over revenue shortfalls.
- Slight Revenue Miss: The company generated $107.26 million in quarterly revenue, just below the $107.78 million expected by Wall Street, primarily due to a 33.1% sequential drop in royalty revenue attributed to a one-time catch-up amount from the previous quarter.
- Resilient Profitability: Gross margin improved to 55.4% from 52.4% year-over-year, although it declined from 57.5% in Q3, reflecting challenges in the profit structure due to reduced high-margin royalty contributions.
- Strong Financial Position: Vicor ended the year with approximately $402.8 million in cash and cash equivalents, and a backlog of $176.9 million, indicating a robust pipeline to meet the demands of hyperscalers and defense contractors.
See More
Vicor Q4 Earnings Beat Expectations Amid Growth Outlook
- Earnings Beat: Vicor reported Q4 GAAP EPS of $1.01, exceeding expectations by $0.64, although revenue of $107.3 million, up 11.5% year-over-year, fell short by $0.48 million, indicating market demand volatility.
- Optimistic Outlook: CEO Patrizio Vinciarelli stated that rising demand in high-performance computing, automatic test equipment, and industrial, aerospace, and defense applications is expected to drive record product revenues in 2026, highlighting the company's growth potential in key markets.
- IP Protection Actions: The U.S. International Trade Commission has initiated a second investigation into the illegal importation of power modules and computing systems infringing Vicor's IP, which is expected to lead to an exclusion order affecting certain customers, particularly unlicensed OEMs and hyperscalers, further solidifying Vicor's market position.
- Capacity Expansion Plans: As Vicor's first ChiP fab approaches high utilization, the company plans to build a second fab and explore opportunities to expand total capacity by enabling an alternate source of high current density 2nd Gen VPD modules, ensuring licensed OEMs and hyperscalers have access to best-in-class power system technology.
See More
Ashford Capital Increases Stake in Vicor by 128,664 Shares
- Share Increase: On February 13, 2026, Ashford Capital Management increased its stake in Vicor by 128,664 shares, with an estimated transaction value of $10.94 million, indicating strong confidence in Vicor's future growth potential.
- Ownership Proportion Rise: Following this purchase, Ashford's stake in Vicor now represents 4.32% of its reportable U.S. equity assets, underscoring Vicor's significance within its investment portfolio.
- Strong Performance: Vicor's stock surged 213% over the past year, with Q3 revenue reaching $110.4 million, an 18.5% increase year-over-year, reflecting robust demand in the high-performance power module market.
- Technological Edge: Vicor specializes in high-performance power conversion solutions, leveraging proprietary technology to maintain a competitive advantage across various sectors, and is poised to become standard infrastructure in AI and data center developments.
See More
Vicor Corporation Schedules Q4 2025 Earnings Call on February 19, 2026
- Earnings Call Announcement: Vicor Corporation will hold its Q4 2025 earnings conference call on February 19, 2026, at 5:00 p.m. Eastern Time, where financial and operational results for the year ending December 31, 2025, will be discussed, followed by a Q&A session to enhance investor understanding of the company's performance.
- Financial Results Release: The fourth-quarter financial results will be released via GlobeNewswire at the close of the NASDAQ market, with a press release and summary of financial statements available shortly thereafter on Vicor's Investor Relations page, ensuring timely access to critical information for investors.
- Registration Requirements: Vicor encourages investors and analysts wishing to ask questions to register with Notified to receive dial-in information and a unique PIN, with registration closing at 5:00 p.m. on February 19, 2026, ensuring smooth participation in the call.
- Webcast and Replay Availability: For those unable to attend live, Vicor will provide a webcast and replay link on its Investor Relations page, ensuring all stakeholders can access the meeting content and enhancing information transparency.
See More
Vicor VP Tuozzolo Sells 5,508 Shares for ~$498K Following Strong Earnings
- Transaction Overview: On October 24, 2025, Vicor's VP Claudio Tuozzolo exercised options and immediately sold 5,508 shares for approximately $498,863, indicating routine management of executive equity compensation.
- Ownership Change: This transaction reduced Tuozzolo's direct holdings by 14.08%, leaving him with 33,622 shares, which equates to 0.0747% of the company's outstanding shares, reflecting executive confidence in the company's outlook.
- Performance Drivers: Vicor reported third-quarter product and licensing revenues of $110.4 million, an 18.5% year-over-year increase, with net income soaring to $28.3 million, driving the stock price up 160% over the past year, significantly outperforming the S&P 500's 17% gain.
- Market Outlook: With management expecting IP settlements and licensing revenues to approach $300 million by 2026, Vicor's technological leadership in AI and electric vehicle power systems presents potential opportunities for growth investors.
See More
Vicor VP Tuozzolo Sells 5,508 Shares for $498,862 Amid Strong Earnings
- Executive Transaction: On October 24, 2025, Vicor's Corporate VP Claudio Tuozzolo exercised and sold 5,508 shares of common stock for approximately $498,862, reflecting executive confidence in the company's stock.
- Holding Reduction: This transaction reduced Tuozzolo's direct holdings by 14.08%, from 39,130 to 33,622 shares, indicating a routine practice in equity management among executives.
- Strong Performance: Vicor reported third-quarter product and licensing revenues of $110.4 million, an 18.5% year-over-year increase, with net income soaring to $28.3 million, showcasing robust growth in high-density power technologies.
- Market Outlook: The company anticipates nearly $300 million in IP settlements and licenses by 2026, highlighting its technological leadership in AI and electric vehicle power systems, which may attract growth investors seeking exposure in these sectors.
See More
Vicor Corporation Shares Drop Despite Tripling Q4 Earnings Expectations
- Earnings Beat: Vicor Corporation reported a Q4 EPS of $1.01, significantly exceeding the $0.44 consensus, yet shares fell 9.1% in after-hours trading, indicating investor concerns over revenue shortfalls.
- Slight Revenue Miss: The company generated $107.26 million in quarterly revenue, just below the $107.78 million expected by Wall Street, primarily due to a 33.1% sequential drop in royalty revenue attributed to a one-time catch-up amount from the previous quarter.
- Resilient Profitability: Gross margin improved to 55.4% from 52.4% year-over-year, although it declined from 57.5% in Q3, reflecting challenges in the profit structure due to reduced high-margin royalty contributions.
- Strong Financial Position: Vicor ended the year with approximately $402.8 million in cash and cash equivalents, and a backlog of $176.9 million, indicating a robust pipeline to meet the demands of hyperscalers and defense contractors.
See More
Vicor Q4 Earnings Beat Expectations Amid Growth Outlook
- Earnings Beat: Vicor reported Q4 GAAP EPS of $1.01, exceeding expectations by $0.64, although revenue of $107.3 million, up 11.5% year-over-year, fell short by $0.48 million, indicating market demand volatility.
- Optimistic Outlook: CEO Patrizio Vinciarelli stated that rising demand in high-performance computing, automatic test equipment, and industrial, aerospace, and defense applications is expected to drive record product revenues in 2026, highlighting the company's growth potential in key markets.
- IP Protection Actions: The U.S. International Trade Commission has initiated a second investigation into the illegal importation of power modules and computing systems infringing Vicor's IP, which is expected to lead to an exclusion order affecting certain customers, particularly unlicensed OEMs and hyperscalers, further solidifying Vicor's market position.
- Capacity Expansion Plans: As Vicor's first ChiP fab approaches high utilization, the company plans to build a second fab and explore opportunities to expand total capacity by enabling an alternate source of high current density 2nd Gen VPD modules, ensuring licensed OEMs and hyperscalers have access to best-in-class power system technology.
See More
Ashford Capital Increases Stake in Vicor by 128,664 Shares
- Share Increase: On February 13, 2026, Ashford Capital Management increased its stake in Vicor by 128,664 shares, with an estimated transaction value of $10.94 million, indicating strong confidence in Vicor's future growth potential.
- Ownership Proportion Rise: Following this purchase, Ashford's stake in Vicor now represents 4.32% of its reportable U.S. equity assets, underscoring Vicor's significance within its investment portfolio.
- Strong Performance: Vicor's stock surged 213% over the past year, with Q3 revenue reaching $110.4 million, an 18.5% increase year-over-year, reflecting robust demand in the high-performance power module market.
- Technological Edge: Vicor specializes in high-performance power conversion solutions, leveraging proprietary technology to maintain a competitive advantage across various sectors, and is poised to become standard infrastructure in AI and data center developments.
See More
Vicor Corporation Schedules Q4 2025 Earnings Call on February 19, 2026
- Earnings Call Announcement: Vicor Corporation will hold its Q4 2025 earnings conference call on February 19, 2026, at 5:00 p.m. Eastern Time, where financial and operational results for the year ending December 31, 2025, will be discussed, followed by a Q&A session to enhance investor understanding of the company's performance.
- Financial Results Release: The fourth-quarter financial results will be released via GlobeNewswire at the close of the NASDAQ market, with a press release and summary of financial statements available shortly thereafter on Vicor's Investor Relations page, ensuring timely access to critical information for investors.
- Registration Requirements: Vicor encourages investors and analysts wishing to ask questions to register with Notified to receive dial-in information and a unique PIN, with registration closing at 5:00 p.m. on February 19, 2026, ensuring smooth participation in the call.
- Webcast and Replay Availability: For those unable to attend live, Vicor will provide a webcast and replay link on its Investor Relations page, ensuring all stakeholders can access the meeting content and enhancing information transparency.
See More
Vicor VP Tuozzolo Sells 5,508 Shares for ~$498K Following Strong Earnings
- Transaction Overview: On October 24, 2025, Vicor's VP Claudio Tuozzolo exercised options and immediately sold 5,508 shares for approximately $498,863, indicating routine management of executive equity compensation.
- Ownership Change: This transaction reduced Tuozzolo's direct holdings by 14.08%, leaving him with 33,622 shares, which equates to 0.0747% of the company's outstanding shares, reflecting executive confidence in the company's outlook.
- Performance Drivers: Vicor reported third-quarter product and licensing revenues of $110.4 million, an 18.5% year-over-year increase, with net income soaring to $28.3 million, driving the stock price up 160% over the past year, significantly outperforming the S&P 500's 17% gain.
- Market Outlook: With management expecting IP settlements and licensing revenues to approach $300 million by 2026, Vicor's technological leadership in AI and electric vehicle power systems presents potential opportunities for growth investors.
See More
Vicor VP Tuozzolo Sells 5,508 Shares for $498,862 Amid Strong Earnings
- Executive Transaction: On October 24, 2025, Vicor's Corporate VP Claudio Tuozzolo exercised and sold 5,508 shares of common stock for approximately $498,862, reflecting executive confidence in the company's stock.
- Holding Reduction: This transaction reduced Tuozzolo's direct holdings by 14.08%, from 39,130 to 33,622 shares, indicating a routine practice in equity management among executives.
- Strong Performance: Vicor reported third-quarter product and licensing revenues of $110.4 million, an 18.5% year-over-year increase, with net income soaring to $28.3 million, showcasing robust growth in high-density power technologies.
- Market Outlook: The company anticipates nearly $300 million in IP settlements and licenses by 2026, highlighting its technological leadership in AI and electric vehicle power systems, which may attract growth investors seeking exposure in these sectors.
See More
