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 →
Growth & profitability
Revenue has grown 6.6% per year over the past 5 years.
Net income has grown faster than revenue (45.9% vs 6.6% per year).
Operating margin has expanded, at 20.1% in the latest year.
Free cash flow has grown 81.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$408M
$119M
63.6%
20.1%
$119M
—
$403M
2024
$359M
$6M
51.2%
-0.4%
$27M
—
$277M
2023
$405M
$54M
50.6%
12.7%
$41M
—
$242M
2022
$399M
$25M
45.2%
6.8%
-$41M
—
$191M
2021
$359M
$57M
49.6%
15.5%
$7M
—
$182M
2020
$297M
$18M
44.3%
5.9%
$6M
—
$162M
2019
$263M
$14M
46.8%
5.3%
$10M
—
$85M
2018
$291M
$32M
47.7%
11.0%
$18M
—
$71M
2017
$228M
$167000
44.6%
-0.6%
-$15M
—
$44M
2016
$200M
-$6M
45.5%
-3.2%
-$8M
—
$56M
2015
—
$5M
—
—
—
—
$63M
2014
—
-$14M
—
—
—
—
$55M
2013
—
-$24M
—
—
-$11M
—
$56M
2012
—
-$4M
—
—
$10M
—
$85M
2011
—
$9M
—
—
$19M
—
$72M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$113M
$21M
55.2%
14.9%
-$16M
—
$404M
Dec '25
$107M
$47M
55.4%
14.6%
$10M
—
$403M
Sep '25
$408M
$28M
15.6%
5.1%
$34M
—
$362M
Jun '25
$96M
$41M
95.9%
47.3%
$59M
—
$339M
Mar '25
$94M
$3M
47.2%
-0.2%
$16M
—
$296M
Dec '24
$96M
$10M
52.4%
9.6%
$8M
—
$277M
Sep '24
$93M
$12M
49.1%
5.8%
$14M
—
$268M
Jun '24
$86M
-$1M
49.8%
0.2%
$9M
—
$252M
Mar '24
$84M
-$14M
53.8%
-19.2%
-$5M
—
$239M
Dec '23
$93M
$9M
51.1%
7.9%
$14M
—
$242M
Sep '23
$108M
$17M
51.8%
14.6%
$16M
—
$228M
Jun '23
$107M
$17M
51.7%
16.7%
$11M
—
$204M
Mar '23
$98M
$11M
47.6%
10.7%
$24000
—
$193M
Dec '22
$105M
$8M
46.6%
7.7%
-$12M
—
$191M
Sep '22
$103M
$2M
45.5%
2.9%
-$8M
—
$182M
Jun '22
$102M
$11M
45.8%
11.1%
-$3M
—
$188M
Mar '22
$88M
$5M
42.6%
5.4%
-$18M
—
$191M
Dec '21
$90M
$9M
45.2%
9.9%
-$3M
—
$182M
Sep '21
$85M
$13M
50.4%
14.1%
-$5M
—
$179M
Jun '21
$95M
$19M
52.3%
21.0%
$6M
—
$160M
Valuation over time
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.
The price-to-earnings ratio has risen from 83.9× (Mar '23) to 127.2× (Jun '26).
The price-to-sales ratio has risen from 5.4× (Mar '23) to 37.0× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is VICR growing its revenue and profit?
Over the past 5 years, Vicor Corp's revenue has grown 6.6% per year, and net income grown 45.9% per year. These are computed facts, not advice.
How much debt does VICR have?
As of FY2025, Vicor Corp reported — of total debt against $403M of cash.
What is VICR's profit margin?
In FY2025, gross margin was 63.6%, operating margin 20.1%, and net margin 29.1%.
What is VICR's P/E ratio?
As of Jun '26, Vicor Corp traded at a price-to-earnings ratio of about 127.2× (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.
Where does this data come from?
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.