Vicor Corporation Reports Results for the Third Quarter Ended September 30, 2026
Key Highlights
- ➤Q3 product and royalty revenue $197.1M, up 78.5% year over year
- ➤Q3 diluted EPS $1.33, versus $0.63 a year ago
- ➤Q3 gross margin 68.3%, up from 57.5% year over year
- ➤Backlog $406M, up 166% year over year
- ➤Vicor granted its first VPD license to an AI OEM at Stage-2 royalty rates
Expert Statements
Patrizio Vinciarelli, CEO of Vicor Corporation
“With the purchase of two additional sites within 30 miles of ChiP Fab-1 in Andover, we will be able to provide a nearly 5X increase in capacity from 3 Fabs, relative to Fab-1.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“Capacity expansion is necessary in view of demand and industry trends.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“Open Compute confirmed the challenges of VRs and IVRs.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“In addition to infringing patents to 1(st) GEN VPD, VRs and IVRs face electrical, mechanical and thermal barriers to escalating AI processor requirements.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“In private presentations and lab sessions with OEMs and Hyperscalers, we demonstrated the distinct advantages of Vicor’s 2(nd) GEN VPD.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“Participants paid attention, providing positive feedback and interest in engaging.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“The stage is set for broader adoption of high performance ALL-FPA current multiplier modules which enable 2(nd) GEN VPD.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“On the licensing front, we granted our first VPD license to an AI OEM at Stage-2 unit royalty rates.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“Unlicensed OEMs and Hyperscalers may not have realized the implications of importing, or planning to import, computing systems infringing Vicor patents to VPD.”
Patrizio Vinciarelli, CEO of Vicor Corporation
“The ITC decision to institute an investigation into VPD infringement is catching their attention, prompting inquiries about licenses at royalty rates that strongly favor early adopters.”
ANDOVER, Mass., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the third quarter ended September 30, 2026. These results will be discussed at 8:00 a.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below.
Product and royalty revenues for the third quarter ended September 30, 2026 totaled $197.1 million, a 37.5% sequential increase from $143.4 million in the second quarter of 2026, and increased 78.5% from $110.4 million for the corresponding period a year ago.
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