{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-165105","form_type":"8-K","ticker":"VICR","cik":"0000751978","company_name":"VICOR CORP","filed_at":"2026-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.702672+00:00","generated_at":"2026-05-15T05:13:49.956845+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Vicor Q1 revenue $113M (+20% YoY); net income $20.7M vs $2.5M YoY; backlog surges 70% sequentially to $301M","bullets":["Revenue $113M, up 20.2% YoY and 5.3% sequentially; gross margin 55.2% vs 47.2% YoY.","Net income $20.7M ($0.44/diluted) vs $2.5M ($0.06) YoY; Q4 included $27.3M tax benefit.","Operating CF -$3.9M due to $28.6M litigation payment; capex $12.4M vs $4.6M YoY.","Backlog $301M, up 75% YoY, 70% sequentially; cash $404.2M.","CEO: strong demand across HPC, ATE, industrial/A&D; planning second fab; IP enforcement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-165105","json":"https://secwatch.observer/filing/0001193125-26-165105.json","markdown":"https://secwatch.observer/filing/0001193125-26-165105.md","text":"https://secwatch.observer/filing/0001193125-26-165105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/0001193125-26-165105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/d139425d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:13:49.956845+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a540d2364c458abad32ff9e9dcdc406bf0f9cee","claim":"VICOR CORP reported the first quarter ended March 31, 2026 results: revenue $113.0 million, net income $20.7 million, EPS $0.44 per diluted share.","evidence_excerpt":"Product and royalty revenues for the first quarter ended March 31, 2026 totaled $113.0 million, a 20.2% increase from $94.0 million for the corresponding period a year ago, and a 5.3% sequential increase from $107.3 million in the fourth quarter of 2025. Gross margin increased to $62.4 million for the first quarter of 2026, compared to $44.4 million for the corresponding period a year ago, and increased sequentially from $59.4 million for the fourth quarter of 2025. Gross margin, as a percentage of revenue, increased to 55.2% for the first quarter of 2026, compared to 47.2% for the corresponding period a year ago, and decreased from 55.4% for the fourth quarter of 2025. Operating expenses increased to $45.5 million for the first quarter of 2026, compared to $44.5 million for the corresponding period a year ago, and increased sequentially from $43.7 million for the fourth quarter of 2025. Net income for the first quarter was $20.7 million, or $0.44 per diluted share, compared to net inc","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/0001193125-26-165105-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$113.0 million"},{"label":"Net income","value":"$20.7 million"},{"label":"EPS","value":"$0.44 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}