Vicor (VICR) reported R&D of $20.64M in Q2 2026.

How has Vicor's R&D changed year-over-year?

Vicor's R&D increased by 9.8% year-over-year, from $18.79M to $20.64M.

What is the long-term trend for Vicor's R&D?

Over 4 years (2021 to 2025), Vicor's R&D has grown at a 10.3% compound annual growth rate (CAGR), from $53.11M to $78.57M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Vicor VICR R&D

R&D at other companies

Analog DevicesADI

$509.32M+15.3%

Texas InstrumentsTXN

$535M+1.5%

Bel FuseBELFB

$7.72M+30.9%

WolfspeedWOLF

$27.2M-35.5%

Magnachip SemiconductorMX

$6.7M+23.2%

Allegro MicroSystems, Inc.ALGM

$55.54M+16.6%

Other financials

Income statement

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Revenue$143.4M+1.6%

Gross profit$83.1M-9.8%

Operating income$34.9M-23.2%

Net income$49.8M+20.8%

EPS (diluted)$1.04+14.3%

Balance sheet

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Cash & equivalents$453.6M+34.0%

Total debt$7.6M-1.1%

Total equity$834.3M+37.1%

Total assets$894.2M+28.9%

Cash flow

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Operating cash flow-$3.9M-120%

CapEx$12.4M+172%

Free cash flow-$16.3M-205%

Valuation

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Market cap$10.55B+363%

Enterprise value$10.1B+425%

P/E72.6×+37.8×

P/S22.3×+16.9×

Profitability

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Gross margin56.6%+1.8pp

Operating margin18.6%—

Net margin30.6%+15.2pp

FCF margin18.5%+5.6pp

Returns & leverage

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Return on equity20.1%+8.7pp

Debt / equity0×0.0×

Current ratio13.2×+6.3×

Where this comes from

Reported directly by Vicor in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Vicor’s 8-K, filed July 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vicor's R&D?: Vicor (VICR) reported R&D of $20.64M in Q2 2026.
How has Vicor's R&D changed year-over-year?: Vicor's R&D increased by 9.8% year-over-year, from $18.79M to $20.64M.
What is the long-term trend for Vicor's R&D?: Over 4 years (2021 to 2025), Vicor's R&D has grown at a 10.3% compound annual growth rate (CAGR), from $53.11M to $78.57M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.