Vicor Q1 revenue rises 20%, beats estimates

Vicor

21/04/2026 12:09

Overview

U.S. modular power components maker's Q1 revenue rose 20.2% yr/yr, beating analyst expectations

Q1 net income and EPS rose sharply from prior year

Backlog jumped 70% sequentially, driven by demand in compute, industrial, and defense sectors

Outlook

Company plans to expand capacity with additional equipment and a second CHiP fab

Backlog increased 70% sequentially, which company says sets stage for revenue growth

Result Drivers

DEMAND INCREASE - Co said rising demand in high-performance compute, automatic test equipment, and industrial, aerospace and defense applications drove backlog growth

IP ENFORCEMENT - Co said efforts to prevent unlawful importation of systems infringing Vicor IP are having an effect

Company press release: ID:nGNX8dTQCb

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$113 mln
$109.05 mln (4 Analysts)
Q1 EPS
$0.44
Q1 Net Income
$20.7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Vicor Corp is $215.00, about 4.4% below its April 20 closing price of $224.81

The stock recently traded at 70 times the next 12-month earnings vs. a P/E of 62 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)