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Vicor Corp. (VICR) Fundamental Analysis & AI Grade 2026

VICR Nasdaq Electronic Components, NEC DE CIK: 0000751978
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
62% Confidence
N/A
B
62% Conf
Pending
Analysis scheduled

📊 VICR Key Takeaways

Revenue: $113.0M
Net Margin: 18.3%
Free Cash Flow: $-16.3M
Current Ratio: 14.30x
Debt/Equity: 0.00x
EPS: $0.44
AI Grade: B with 62% confidence
Vicor Corp. (VICR) receives a B fundamental grade with 62% confidence from our AI analysis based on SEC 10-K filings. With revenue of $113.0M, net profit margin of 18.3%, and return on equity (ROE) of 2.7%, Vicor Corp. demonstrates mixed fundamentals in the Technology sector. Below is our complete VICR stock analysis for 2026.

Is Vicor Corp. (VICR) a Good Investment?

Claude

Vicor demonstrates exceptional profitability margins (55% gross, 18% net) and a fortress balance sheet with zero debt and $404M cash, indicating strong operational competence and financial stability. However, negative operating cash flow (-$3.9M) and free cash flow (-$16.3M) despite reported profitability, combined with weak ROE/ROA (both 2.6-2.7%), suggest serious working capital or operational execution challenges that undermine growth quality and sustainable shareholder value creation.

Vicor Corp. Key Strengths (VICR)

Claude
  • + Exceptional profitability margins (55.2% gross, 18.3% net) demonstrate pricing power and operational efficiency
  • + Fortress balance sheet with zero debt, $404.2M cash, and current ratio of 14.3x provides substantial financial flexibility
  • + 11% YoY revenue growth in cyclical semiconductor industry reflects solid market demand
  • + Dramatic earnings recovery (+1831.8% net income, +1764.3% EPS YoY) indicates operational normalization

VICR Stock Risks: Vicor Corp. Investment Risks

Claude
  • ! Negative operating cash flow (-$3.9M) and free cash flow (-$16.3M) despite profitability signals critical working capital or operational execution problems
  • ! Extremely low ROE (2.7%) and ROA (2.6%) indicate severe asset underutilization and poor returns despite large equity base
  • ! Earnings surge from severely depressed prior year; sustainability of current margins and profitability uncertain
  • ! Electronic components sector is cyclical; vulnerable to demand downturns and supply chain disruptions
  • ! Earnings quality concerns given disconnect between reported profitability and actual cash generation

Key Metrics to Watch

Claude
  • * Operating cash flow and free cash flow trajectory - must confirm return to positive generation
  • * Working capital components and inventory turnover - diagnose cash flow headwinds
  • * Gross margin trend - monitor sustainability at 55%+ levels
  • * ROE and ROA improvement - assess if capital allocation effectiveness increases
  • * Revenue growth sustainability - verify 11% growth is structural vs. temporary recovery

Vicor Corp. (VICR) Financial Metrics & Key Ratios

Revenue
$113.0M
Net Income
$20.7M
EPS (Diluted)
$0.44
Free Cash Flow
$-16.3M
Total Assets
$804.9M
Cash Position
$404.2M

💡 AI Analyst Insight

Strong liquidity with a 14.30x current ratio provides a solid financial cushion.

VICR Profit Margin, ROE & Profitability Analysis

Gross Margin 55.2%
Operating Margin 14.9%
Net Margin 18.3%
ROE 2.7%
ROA 2.6%
FCF Margin -14.5%

VICR vs Technology Sector: How Vicor Corp. Compares

How Vicor Corp. compares to Technology sector averages

Net Margin
VICR 18.3%
vs
Sector Avg 18.0%
VICR Sector
ROE
VICR 2.7%
vs
Sector Avg 22.0%
VICR Sector
Current Ratio
VICR 14.3x
vs
Sector Avg 2.5x
VICR Sector
Debt/Equity
VICR 0.0x
vs
Sector Avg 0.5x
VICR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Vicor Corp. Stock Overvalued? VICR Valuation Analysis 2026

Based on fundamental analysis, Vicor Corp. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
2.7%
Sector avg: 22%
Net Profit Margin
18.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Vicor Corp. Balance Sheet: VICR Debt, Cash & Liquidity

Current Ratio
14.30x
Quick Ratio
12.03x
Debt/Equity
0.00x
Debt/Assets
6.3%
Interest Coverage
N/A
Long-term Debt
N/A

VICR Revenue & Earnings Growth: 5-Year Financial Trend

VICR 5-year financial data: Year 2021: Revenue $359.4M, Net Income $14.1M, EPS $0.34. Year 2022: Revenue $399.1M, Net Income $17.9M, EPS $0.41. Year 2023: Revenue $405.1M, Net Income $56.6M, EPS $1.26. Year 2024: Revenue $405.1M, Net Income $25.4M, EPS $0.57. Year 2025: Revenue $407.7M, Net Income $53.6M, EPS $1.19.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Vicor Corp.'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.19 reflects profitable operations.

VICR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-14.5%
Free cash flow / Revenue

VICR Quarterly Earnings & Performance

Quarterly financial performance data for Vicor Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $94.0M $2.5M $0.06
Q3 2025 $93.2M -$4.1M $-0.09
Q2 2025 $85.9M -$1.2M $-0.03
Q1 2025 $83.9M $2.5M $0.06
Q3 2024 $93.2M -$4.1M $-0.09
Q2 2024 $85.9M -$1.2M $-0.03
Q1 2024 $83.9M $11.2M $0.25
Q3 2023 $103.1M $1.8M $0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Vicor Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.9M
Cash generated from operations
Stock Buybacks
$35.2M
Shares repurchased (TTM)
Capital Expenditures
$12.4M
Investment in assets
Dividends
None
No dividend program

VICR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Vicor Corp. (CIK: 0000751978)

📋 Recent SEC Filings

Date Form Document Action
Jun 2, 2026 4 xslF345X06/primary_doc.xml View →
Jun 1, 2026 4 xslF345X06/primary_doc.xml View →
May 29, 2026 4 xslF345X06/primary_doc.xml View →
May 28, 2026 4 xslF345X06/primary_doc.xml View →
May 28, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about VICR

What is the AI rating for VICR?

Vicor Corp. (VICR) has an AI grade of B with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VICR's key strengths?

Claude: Exceptional profitability margins (55.2% gross, 18.3% net) demonstrate pricing power and operational efficiency. Fortress balance sheet with zero debt, $404.2M cash, and current ratio of 14.3x provides substantial financial flexibility.

What are the risks of investing in VICR?

Claude: Negative operating cash flow (-$3.9M) and free cash flow (-$16.3M) despite profitability signals critical working capital or operational execution problems. Extremely low ROE (2.7%) and ROA (2.6%) indicate severe asset underutilization and poor returns despite large equity base.

What is VICR's revenue and growth?

Vicor Corp. reported revenue of $113.0M.

Does VICR pay dividends?

Vicor Corp. does not currently pay dividends.

Where can I find VICR SEC filings?

Official SEC filings for Vicor Corp. (CIK: 0000751978) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VICR's EPS?

Vicor Corp. has a diluted EPS of $0.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is VICR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Vicor Corp. has a B grade with 62% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is VICR stock overvalued or undervalued?

Valuation metrics for VICR: ROE of 2.7% (sector avg: 22%), net margin of 18.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is VICR's AI grade for 2026?

Our dual AI analysis gives Vicor Corp. a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is VICR's free cash flow?

Vicor Corp.'s operating cash flow is $-3.9M, with capital expenditures of $12.4M. FCF margin is -14.5%.

How does VICR compare to other Technology stocks?

Vs Technology sector averages: Net margin 18.3% (avg: 18%), ROE 2.7% (avg: 22%), current ratio 14.30 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI