Vicor Corporation (VICR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 112.97M | 107.26M | 110.42M | 141.05M | 93.97M | 96.17M | 93.17M | 85.85M | 83.87M | 92.65M | 107.84M | 106.75M | 97.82M | 105.49M | 103.12M | 102.19M | 88.28M | 90.28M | 84.91M | 95.38M |
| Revenue Growth % | 20.22% | 11.54% | 18.52% | 64.29% | 12.04% | 3.79% | -13.61% | -19.57% | -14.26% | -12.17% | 4.58% | 4.46% | 10.8% | 16.85% | 21.44% | 7.14% | -0.58% | 7.09% | 8.7% | 34.79% |
| Cost of Goods Sold | 50.6M | 47.84M | 46.91M | 48.92M | 49.6M | 45.81M | 47.42M | 43.08M | 38.75M | 45.31M | 51.97M | 51.57M | 51.28M | 56.35M | 56.15M | 55.34M | 50.68M | 49.47M | 42.1M | 45.51M |
| COGS % of Revenue | 44.79% | 44.6% | 42.48% | 34.68% | 52.79% | 47.63% | 50.9% | 50.18% | 46.2% | 48.9% | 48.19% | 48.31% | 52.43% | 53.42% | 54.45% | 54.15% | 57.41% | 54.79% | 49.58% | 47.71% |
| Gross Profit | 62.37M | 59.42M | 63.51M | 92.13M | 44.37M | 50.36M | 45.74M | 42.77M | 45.12M | 47.34M | 55.88M | 55.17M | 46.53M | 49.14M | 46.97M | 46.85M | 37.6M | 40.82M | 42.81M | 49.87M |
| Gross Margin % | 55.21% | 55.4% | 57.52% | 65.32% | 47.21% | 52.37% | 49.1% | 49.82% | 53.8% | 51.1% | 51.81% | 51.69% | 47.57% | 46.58% | 45.55% | 45.85% | 42.59% | 45.21% | 50.42% | 52.29% |
| Gross Profit Growth % | 40.57% | 18% | 38.84% | 115.4% | -1.68% | 6.37% | -18.14% | -22.48% | -3.03% | -3.65% | 18.97% | 17.77% | 23.76% | 20.39% | 9.71% | -6.06% | -15.88% | 0.9% | 28.39% | 64.49% |
| Operating Expenses | 45.48M | 43.74M | 42.61M | 46.74M | 44.51M | 41.16M | 40.36M | 42.56M | 61.24M | 39.99M | 40.17M | 37.31M | 36.09M | 41.02M | 43.97M | 35.55M | 32.82M | 31.91M | 30.84M | 29.86M |
| OpEx % of Revenue | 40.26% | 40.78% | 38.58% | 33.14% | 47.37% | 42.8% | 43.32% | 49.57% | 73.01% | 43.17% | 37.25% | 34.95% | 36.9% | 38.88% | 42.64% | 34.79% | 37.18% | 35.35% | 36.32% | 31.31% |
| Selling, General & Admin | 23.19M | 23.2M | 22.75M | 27.95M | 25.14M | 24.17M | 23.4M | 23.32M | 26M | 22.69M | 22.42M | 20.38M | 20.22M | 24.94M | 22.72M | 20.04M | 18.57M | 18.62M | 17.32M | 16.59M |
| SG&A % of Revenue | 20.53% | 21.62% | 20.6% | 19.82% | 26.75% | 25.13% | 25.11% | 27.16% | 31% | 24.49% | 20.79% | 19.09% | 20.67% | 23.64% | 22.03% | 19.61% | 21.03% | 20.62% | 20.4% | 17.39% |
| Research & Development | 22.29M | 20.54M | 19.86M | 18.79M | 19.38M | 16.98M | 16.96M | 16.94M | 18.04M | 17.3M | 17.75M | 16.93M | 15.87M | 16.08M | 14.75M | 15.52M | 14.25M | 13.3M | 13.52M | 13.27M |
| R&D % of Revenue | 19.73% | 19.15% | 17.98% | 13.32% | 20.62% | 17.66% | 18.2% | 19.73% | 21.51% | 18.67% | 16.46% | 15.86% | 16.22% | 15.24% | 14.3% | 15.18% | 16.14% | 14.73% | 15.92% | 13.92% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 16.88M | 15.69M | 20.91M | 45.38M | -149K | 9.21M | 5.39M | 214K | -16.11M | 7.35M | 15.7M | 17.86M | 10.44M | 8.12M | 3M | 11.3M | 4.78M | 8.9M | 11.97M | 20.01M |
| Operating Margin % | 14.95% | 14.62% | 18.93% | 32.18% | -0.16% | 9.57% | 5.78% | 0.25% | -19.21% | 7.93% | 14.56% | 16.73% | 10.68% | 7.7% | 2.91% | 11.06% | 5.41% | 9.86% | 14.1% | 20.98% |
| Operating Income Growth % | 11431.54% | 70.4% | 288.17% | 21107.94% | 99.08% | 25.26% | -65.7% | -98.8% | -254.33% | -9.48% | 422.77% | 58.11% | 118.45% | -8.79% | -74.91% | -43.54% | -67.53% | -23.3% | 96.17% | 884.21% |
| EBITDA | 22.22M | 20.86M | 26.14M | 50.58M | 5.04M | 13.81M | 10.13M | 4.88M | -11.5M | 11.39M | 20.26M | 22.31M | 14.64M | 11.64M | 6.59M | 14.67M | 8.08M | 12.04M | 14.92M | 22.82M |
| EBITDA Margin % | 19.67% | 19.44% | 23.68% | 35.86% | 5.36% | 14.37% | 10.87% | 5.68% | -13.71% | 12.29% | 18.78% | 20.9% | 14.97% | 11.04% | 6.39% | 14.35% | 9.15% | 13.34% | 17.57% | 23.93% |
| EBITDA Growth % | 340.89% | 50.97% | 158.15% | 937.44% | 143.82% | 21.32% | -50.01% | -78.15% | -178.55% | -2.22% | 207.45% | 52.12% | 81.29% | -3.3% | -55.83% | -35.73% | -53.92% | -16.87% | 68.77% | 379.33% |
| D&A (Non-Cash Add-back) | 5.34M | 5.17M | 5.24M | 5.19M | 5.19M | 4.61M | 4.74M | 4.66M | 4.61M | 4.04M | 4.55M | 4.45M | 4.2M | 3.53M | 3.58M | 3.37M | 3.3M | 3.14M | 2.95M | 2.81M |
| EBIT | 20.4M | 19.23M | 33.29M | 49.04M | 2.98M | 11.76M | 9.1M | 2.51M | 1.08M | 10.59M | 17.62M | 19.64M | 12.39M | 9.93M | 9.5M | 11.38M | 4.94M | 9.11M | 12.37M | 20.38M |
| Net Interest Income | 3.27M | 3.35M | 0 | 2.95M | 2.71M | 2.84M | 3.03M | 2.81M | 2.79M | 2.72M | 1.99M | 1.78M | 1.73M | 1.21M | -315K | 274K | 142K | 194K | 267K | 276K |
| Interest Income | 3.27M | 3.35M | 0 | 2.95M | 2.71M | 2.84M | 3.03M | 2.81M | 2.79M | 2.72M | 1.99M | 1.78M | 1.73M | 1.21M | 0 | 274K | 142K | 194K | 267K | 276K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 315K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 3.52M | 3.54M | 12.38M | 3.66M | 3.13M | 2.55M | 3.71M | 2.81M | 2.72M | 3.24M | 1.92M | 1.78M | 1.95M | 1.81M | -568K | 84K | 162K | 204K | 394K | 373K |
| Pretax Income | 20.4M | 19.23M | 33.29M | 49.04M | 2.98M | 11.76M | 9.1M | 3.02M | -13.39M | 10.59M | 17.62M | 19.64M | 12.39M | 9.93M | 2.44M | 11.38M | 4.94M | 9.11M | 12.37M | 20.38M |
| Pretax Margin % | 18.06% | 17.93% | 30.15% | 34.77% | 3.18% | 12.23% | 9.77% | 3.52% | -15.97% | 11.43% | 16.34% | 18.4% | 12.67% | 9.41% | 2.36% | 11.14% | 5.6% | 10.09% | 14.56% | 21.37% |
| Income Tax | -273K | -27.3M | 4.99M | 7.84M | 424K | 1.52M | -2.46M | 4.22M | 1.07M | 1.93M | 1.04M | 2.54M | 1.14M | 1.87M | 641K | 802K | -48K | 206K | -886K | 999K |
| Effective Tax Rate % | -1.34% | -141.98% | 14.98% | 15.99% | 14.2% | 12.89% | -26.98% | 139.56% | -8% | 18.2% | 5.89% | 12.92% | 9.21% | 18.8% | 26.31% | 7.05% | -0.97% | 2.26% | -7.16% | 4.9% |
| Net Income | 20.66M | 46.53M | 28.3M | 41.19M | 2.54M | 10.25M | 11.55M | -1.2M | -14.47M | 8.67M | 16.58M | 17.1M | 11.24M | 8.06M | 1.79M | 10.59M | 5M | 8.88M | 13.26M | 19.39M |
| Net Margin % | 18.29% | 43.38% | 25.63% | 29.2% | 2.7% | 10.65% | 12.4% | -1.39% | -17.26% | 9.36% | 15.38% | 16.02% | 11.5% | 7.64% | 1.74% | 10.37% | 5.66% | 9.84% | 15.62% | 20.33% |
| Net Income Growth % | 713.86% | 354.16% | 145% | 3544.15% | 117.54% | 18.2% | -30.33% | -106.99% | -228.72% | 7.52% | 825.33% | 61.44% | 124.92% | -9.21% | -86.48% | -45.38% | -66.88% | -20.66% | 129.2% | 627.18% |
| Net Income (Continuing) | 20.68M | 46.53M | 28.3M | 41.2M | 2.56M | 10.24M | 11.55M | -1.2M | -14.46M | 8.66M | 16.58M | 17.1M | 11.25M | 8.06M | 1.79M | 10.58M | 4.99M | 8.9M | 13.25M | 19.38M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 265K | 259K | 274K | 271K | 255K | 220K | 248K | 218K | 231K | 237K | 236K | 242K | 254K | 248K | 237K | 241K | 283K | 306K | 299K | 306K |
| EPS (Diluted) | 0.44 | 1.01 | 0.63 | 0.91 | 0.06 | 0.23 | 0.26 | -0.03 | -0.33 | 0.19 | 0.37 | 0.38 | 0.25 | 0.18 | 0.04 | 0.24 | 0.11 | 0.20 | 0.29 | 0.43 |
| EPS Growth % | 682.92% | 339.13% | 142.31% | 3508.24% | 117.03% | 21.05% | -29.73% | -107.03% | -232% | 5.56% | 825% | 58.33% | 127.27% | -10% | -86.21% | -44.19% | -67.65% | -23.08% | 123.08% | 616.67% |
| EPS (Basic) | 0.45 | 1.03 | 0.63 | 0.92 | 0.06 | 0.23 | 0.26 | -0.03 | -0.33 | 0.19 | 0.37 | 0.39 | 0.25 | 0.18 | 0.04 | 0.24 | 0.11 | 0.20 | 0.30 | 0.45 |
| Diluted Shares Outstanding | 47.25M | 46.3M | 44.93M | 45.08M | 45.49M | 45.3M | 45.17M | 44.85M | 44.52M | 45.02M | 45.19M | 44.91M | 44.91M | 44.86M | 44.9M | 44.87M | 44.95M | 45.15M | 45.03M | 44.84M |
| Basic Shares Outstanding | 45.47M | 45.2M | 44.73M | 45.27M | 45.22M | 45.16M | 45.12M | 39.87M | 43.86M | 45.61M | 44.82M | 45M | 44.98M | 44.78M | 44.8M | 44.14M | 45.45M | 44.26M | 45.72M | 45.1M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |