15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $408M | $119M | 63.6% | 20.1% | 16.7% | 15.1% | $119M | — | $403M |
| 2024 | $359M | $6M | 51.2% | -0.4% | 1.1% | 1.0% | $27M | — | $277M |
| 2023 | $405M | $54M | 50.6% | 12.7% | 9.9% | 9.0% | $41M | — | $242M |
| 2022 | $399M | $25M | 45.2% | 6.8% | 5.5% | 4.7% | -$41M | — | $191M |
| 2021 | $359M | $57M | 49.6% | 15.5% | 13.4% | 11.9% | $7M | — | $182M |
| 2020 | $297M | $18M | 44.3% | 5.9% | 5.1% | 4.5% | $6M | — | $162M |
| 2019 | $263M | $14M | 46.8% | 5.3% | 6.9% | 5.9% | $10M | — | $85M |
| 2018 | $291M | $32M | 47.7% | 11.0% | 17.3% | 14.4% | $18M | — | $71M |
| 2017 | $228M | $167000 | 44.6% | -0.6% | 0.1% | 0.1% | -$15M | — | $44M |
| 2016 | $200M | -$6M | 45.5% | -3.2% | -4.8% | -4.1% | -$8M | — | $56M |
| 2015 | — | $5M | — | — | 3.6% | 3.1% | — | — | $63M |
| 2014 | — | -$14M | — | — | -10.9% | -8.9% | — | — | $55M |
| 2013 | — | -$24M | — | — | -17.0% | -14.3% | -$11M | — | $56M |
| 2012 | — | -$4M | — | — | -2.3% | -2.0% | $10M | — | $85M |
| 2011 | — | $9M | — | — | 4.9% | 4.2% | $19M | — | $72M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Mar '26 | $113M | $21M | 55.2% | 14.9% | 2.7% | 2.6% | -$16M | — | $404M |
| Dec '25 | $107M | $47M | 55.4% | 14.6% | 6.5% | 5.9% | $10M | — | $403M |
| Sep '25 | $408M | $28M | 15.6% | 5.1% | 4.5% | 4.0% | $34M | — | $362M |
| Jun '25 | $96M | $41M | 95.9% | 47.3% | 6.8% | 5.9% | $59M | — | $339M |
| Mar '25 | $94M | $3M | 47.2% | -0.2% | 0.4% | 0.4% | $16M | — | $296M |
| Dec '24 | $96M | $10M | 52.4% | 9.6% | 1.8% | 1.6% | $8M | — | $277M |
| Sep '24 | $93M | $12M | 49.1% | 5.8% | 2.1% | 1.8% | $14M | — | $268M |
| Jun '24 | $86M | -$1M | 49.8% | 0.2% | -0.2% | -0.2% | $9M | — | $252M |
| Mar '24 | $84M | -$14M | 53.8% | -19.2% | -2.7% | -2.4% | -$5M | — | $239M |
| Dec '23 | $93M | $9M | 51.1% | 7.9% | 1.6% | 1.5% | $14M | — | $242M |
| Sep '23 | $108M | $17M | 51.8% | 14.6% | 3.1% | 2.8% | $16M | — | $228M |
| Jun '23 | $107M | $17M | 51.7% | 16.7% | 3.4% | 3.1% | $11M | — | $204M |
| Mar '23 | $98M | $11M | 47.6% | 10.7% | 2.3% | 2.1% | $24000 | — | $193M |
| Dec '22 | $105M | $8M | 46.6% | 7.7% | 1.7% | 1.5% | -$12M | — | $191M |
| Sep '22 | $103M | $2M | 45.5% | 2.9% | 0.4% | 0.3% | -$8M | — | $182M |
| Jun '22 | $102M | $11M | 45.8% | 11.1% | 2.4% | 2.1% | -$3M | — | $188M |
| Mar '22 | $88M | $5M | 42.6% | 5.4% | 1.2% | 1.0% | -$18M | — | $191M |
| Dec '21 | $90M | $9M | 45.2% | 9.9% | 2.1% | 1.9% | -$3M | — | $182M |
| Sep '21 | $85M | $13M | 50.4% | 14.1% | 3.2% | 2.9% | -$5M | — | $179M |
| Jun '21 | $95M | $19M | 52.3% | 21.0% | 4.9% | 4.3% | $6M | — | $160M |
How the market has priced VICR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Vicor's revenue has grown 6.6% per year, and net income grown 45.9% per year. These are computed facts, not advice.
As of FY2025, Vicor reported — of total debt against $403M of cash.
In FY2025, gross margin was 63.6%, operating margin 20.1%, and net margin 29.1%.
As of Sep '26, Vicor traded at a price-to-earnings ratio of about 68.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.