Vicor Q3 revenue $110.4M +18.5% YoY; EPS $0.63 vs $0.26; gross margin expands to 57.5%

VICOR CORP

2025-Q3 EPS reported $1.59 revenue$345,437,000

Revenue $110.4M (+18.5% YoY); Q2 $141.0M included $45M patent settlement.
Net income $28.3M ($0.63 EPS) vs $11.6M ($0.26) YoY.
Gross margin 57.5% of revenue vs 49.1% YoY; operating expenses $42.6M.
Cash from ops $38.5M, capex $4.0M; cash $362.4M, up 7% from Q2.
Backlog $152.8M; CEO eyes IP licensing growth and enforcement actions.

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