---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-042900"
form_type: "8-K"
ticker: "VICR"
cik: "0000751978"
company_name: "VICOR CORP"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:20:40.616334+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vicor Q4 revenue $92.7M (-12.2% YoY); net income $8.7M vs $8.1M YoY; FY23 revenue up 1.5%

## Summary
- Q4 revenue $92.7M, down 12.2% YoY and 14.1% sequentially; net income $8.7M ($0.19 diluted EPS) vs $8.1M ($0.18) YoY.
- Full year 2023 revenue $405.1M (+1.5% YoY); net income $53.6M ($1.19 diluted EPS) vs $25.4M ($0.57) in 2022.
- Q4 gross margin improved to 51.1% from 46.6% YoY; backlog fell 47.2% YoY to $160.8M.
- Cash from operations $75.1M for 2023 (+227.3% YoY); cash and equivalents $242.2M at Dec 31, 2023.
- CEO cites AI platform demand and Vi Chip foundry as competitive advantages; IP enforcement action against NBM copycats ongoing.

## SEC filing metadata
- accession: 0001193125-24-042900
- form_type: 8-K
- ticker: VICR
- cik: 0000751978
- company_name: VICOR CORP
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751978/000119312524042900/0001193125-24-042900-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751978/000119312524042900/d779516d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-042900
- JSON: https://secwatch.observer/filing/0001193125-24-042900.json
- Plain text: https://secwatch.observer/filing/0001193125-24-042900.txt

## Key facts
- Earnings Releases
  VICOR CORP reported fourth quarter ended December 31, 2023 results: revenue $92.7 million, net income $8.7 million, or $0.19 per diluted share, EPS $0.19 per diluted share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $92.7 million
  - Net income: $8.7 million, or $0.19 per diluted share
  - EPS: $0.19 per diluted share
  - Result: reported results
  source text: p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below. Revenues for the fourth quarter ended December 31, 2023 totaled $92.7 million, a 12.2% decrease from $105.5 million for the corresponding period a year ago, and a 14.1% sequential decrease from $107.8 million in the third quarter of 2023. Gross margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/751978/000119312524042900/0001193125-24-042900-index.htm
- Earnings Releases
  VICOR CORP reported year ended December 31, 2023 results: revenue $405.1 million, net income $53.6 million, or $1.19 per diluted share, EPS $1.19 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $405.1 million
  - Net income: $53.6 million, or $1.19 per diluted share
  - EPS: $1.19 per diluted share
  - Result: reported results
  source text: Revenues for the year ended December 31, 2023 increased 1.5% to $405.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/751978/000119312524042900/0001193125-24-042900-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.