Vicor reports 78.5 percent Q3 growth for Vicor stock

Published on 10/27/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vicor reports USD 197.1 million in Q3 revenue, up 78.5 percent year over year. Vicor stock trades at EUR 180.20 on October 27, 2026.

Royalty growth and capacity plans

Vicor reported USD 197.1 million in third-quarter revenue on October 20, 2026.
MarketBeat reported a USD 391.67 consensus target from five analysts on October 14, 2026.
Vicor stock traded at EUR 180.20 at 1:37 p.m. CET at Lang & Schwarz on October 27, 2026.

VICR, US9258151029, Illustration mit AI erstellt.

Vicor Corporation (ISIN US9258151029) reported USD 197.1 million in third-quarter revenue, a 78.5 percent increase from the year-earlier period. The results released on October 20, 2026 also showed a wider gross margin and a growing royalty contribution, giving Vicor stock a fresh earnings reference point.

Revenue and margins accelerate

According to Vicor Corporation on October 20, 2026, third-quarter revenue rose 37.5 percent from USD 143.4 million in the second quarter and 78.5 percent from USD 110.4 million a year earlier. Net income reached USD 63.3 million, or USD 1.33 in GAAP diluted earnings per share, versus USD 28.3 million and USD 0.63 in the third quarter of 2025.

Gross margin reached 68.3 percent in the third quarter, compared with 57.5 percent a year earlier. Royalty revenue climbed to USD 66.6 million, while one-year backlog increased 7 percent sequentially to USD 406 million. The mix matters because royalties helped lift profitability while also raising questions about how evenly licensing income will develop.

Three dated company developments

On September 30, 2026, Vicor raised its third-quarter revenue growth guidance above 30 percent. On October 6, 2026, the company scheduled its third-quarter earnings call for October 20, 2026. On October 12, 2026, Vicor disclosed a USITC investigation concerning alleged infringement of its VPD patents, according to the company's investor-relations page.

What does the target imply?

MarketBeat reported on October 14, 2026 that five analysts carried an average 12-month target of USD 391.67 and a consensus Buy rating. The valuation argument therefore rests on continued expansion in power-delivery demand, while higher legal expenses and potentially uneven royalty receipts remain counter-factors.

Investing.com reported that management expects at least USD 43 million in fourth-quarter royalty revenue assuming no new license agreements. Executives also said initial equipment deployment at Fab 2 is expected in the second quarter of 2027, linking the near-term outlook to manufacturing capacity.

Stock trades after earnings

Vicor stock was trading at EUR 180.20 at Lang & Schwarz on October 27, 2026 at 1:37 p.m. CET. The quote is an intraday euro reference for German investors, while the company's primary listing is on the NASDAQ in USD. The earnings figures and analyst target point to a company scaling revenue and licensing activity, but execution on capacity and royalty conversion remains central.

The further course of trading is shown by the continuously updated real-time quote of Vicor stock.