VICR Q2 FY2026 earnings: EPS beat by 59.5%, revenue beat by 3.6%
VICOR CORP reported Q2 FY2026. EPS came in at $1.04 against a $0.65 consensus, beat by 59.5%. Revenue was $143.4M versus $138.4M expected, beat by 3.6%. Gross margin was 55.2%, up 0 bps from last quarter.
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Sees 2026 revenue up about 30 percent.
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“As stated in today's press release, Vicor recorded product and royalty revenue for the second quarter of $143.4 million, up 26.9% sequentially from the first quarter of 2026 total of $113 million, and up 1.6% from the second quarter of 2025 total of $141 million, which included a $45 million patent litigation settlement.”
Guidance “As we bring on incremental capacity, we expect a nearly 10% increase in Q3 revenue and over $600 million in 2026 revenue.”
Demand & Orders “Q2 book-to-bill came in above one, and one-year backlog increased 26% from the prior quarter, closing at $379.7 million. 2026 is the year in which Vicor's innovative products and technology licensing practice came into focus within the industry.”
4 more flagged statementsand 1 tone events from this call are in the Pro read.
Subscribe — $49.99/mo →| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $1.04 | $0.65 | beat by 59.5% |
| Revenue | $143.4M | $138.4M | beat by 3.6% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $-112.7M | -199.8% | -179.9% |
| Gross profit | $-62.2M | -199.8% | -167.5% |
| Operating income | $-16.8M | -199.7% | -137.1% |
| Net income | $-20.6M | -199.7% | -150.0% |
| Diluted EPS | -$0.44 | -200.0% | -148.4% |
| Gross margin: 55.2%. |
Revenue is down 179.9% from the same quarter last year. Gross margin sits at 55.2%, 1010 bps off its 8-quarter high.
This section is part of the Pro report for VICR.
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