Quarterly ResultJul 21, 2026, 07:02 AM
Vicor Q2 Revenue Up 26.9% to $143.4M; EPS $1.04
AI Summary
Vicor Corporation reported strong financial results for the second quarter ended June 30, 2026. Product and royalty revenues reached $143.4 million, marking a 26.9% sequential increase, while net income rose to $49.8 million, or $1.04 per diluted share. The company also saw its gross margin improve to 58.0% of revenue and backlog surge by 26% sequentially to $380 million. CEO Dr. Patrizio Vinciarelli highlighted rising demand across key applications and plans for a second ChiP fab to support future growth.
Key Highlights
- Q2 2026 product and royalty revenues totaled $143.4 million, a 26.9% sequential increase.
- Q2 2026 net income was $49.8 million, or $1.04 per diluted share.
- Gross margin as a percentage of revenue increased sequentially to 58.0% in Q2 2026.
- Cash flow from operations totaled $34.0 million for Q2 2026.
- Cash and cash equivalents increased 12.2% sequentially to $453.6 million.
- Backlog for Q2 2026 totaled $380 million, a 26% sequential increase and 145% YoY increase.
- Operating expenses increased sequentially to $48.2 million for Q2 2026.
Price Impact
More from VICR