---
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"
generated_at: "2026-05-15T05:13:49.956845+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vicor Q1 revenue $113M (+20% YoY); net income $20.7M vs $2.5M YoY; backlog surges 70% sequentially to $301M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-165105
- JSON: https://secwatch.observer/filing/0001193125-26-165105.json
- Plain text: https://secwatch.observer/filing/0001193125-26-165105.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $113.0 million
  - Net income: $20.7 million
  - EPS: $0.44 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/0001193125-26-165105-index.htm

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