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Vicor VICR Royalties — Revenue

Other product segments

Direct Customers Contract Manufacturers And Non Stocking Distributors
$65M+5.2%
Stocking Distributors Net Of Sales Allowances
$31.42M+63.6%
Non Recurring Engineering
$1.59M-15.0%

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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×
Current ratio13.2×+6.3×

Where this comes from

Reported directly by Vicor in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Vicor’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vicor's royalties — revenue?
Vicor (VICR) reported royalties — revenue of $14.97M in Q1 2026.
How has Vicor's royalties — revenue changed year-over-year?
Vicor's royalties — revenue increased by 39.1% year-over-year, from $10.76M to $14.97M.
What is the long-term trend for Vicor's royalties — revenue?
Over 4 years (2021 to 2025), Vicor's royalties — revenue has grown at a 137.0% compound annual growth rate (CAGR), from $1.82M to $57.38M.
What does royalties — revenue mean?
This metric represents the total revenue recognized from intellectual property licensing and royalty agreements within a specific business segment. It captures the economic value derived from granting third parties the right to utilize the company's proprietary power conversion technologies and patents. This stream reflects the monetization of the company's R&D efforts independent of direct hardware product sales.