secwatch.observer — SEC 8-K summary
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Issuer:     VICOR CORP (VICR)
CIK:        0000751978
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001193125-26-165105
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/0001193125-26-165105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751978/000119312526165105/d139425d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-165105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer