Vicor reported results for the third quarter ended September 30, 2026, with product and royalty revenue of $197.1 million, up 78.5% from $110.4 million a year earlier. Net income was $63.3 million, or $1.33 per diluted share, compared with $0.63 a year earlier, and backlog reached $406 million, up 166% from a year ago. Cash and cash equivalents rose to $513.1 million at quarter end, which shows the company's earnings growth is also reflected in its balance sheet.
Product and royalty revenue was $197.1 million, up 37.5% from $143.4 million in Q2 2026 and up 78.5% from $110.4 million a year earlier.
Net income was $63.3 million, or $1.33 per diluted share, versus $0.63 per diluted share a year earlier.
Gross margin was 68.3% of revenue, compared with 57.5% a year earlier, while operating expenses rose to $62.5 million.
Backlog was $406 million at September 30, 2026, and cash and cash equivalents were $513.1 million.
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From Vicor Corporation's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$407.70M
+13.5%
$2.61
+1764.3%
29.1%
FY2024
$359.06M
-11.4%
$0.14
-88.2%
1.7%
FY2023
$405.06M
+1.5%
$1.19
+108.8%
13.2%
FY2022
$399.08M
+11.1%
$0.57
-54.8%
6.4%
FY2021
$359.36M
+21.2%
$1.26
+207.3%
15.8%
Frequently asked questions
When is Vicor's next earnings date?
Vicor has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Vicor earn last quarter?
For the quarter ended Sep 2026, Vicor reported diluted EPS of $1.33 (+111.1% year over year) on revenue of $197.11M (+78.5%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.