OverviewSuggest Edit

Vicor is a company that designs, manufactures, and markets high-performance modular power components. Its product lines address a range of power conversion and management requirements across various power distribution architectures, including CPA, DPA, IBA, FPA, and CBA. Vicor focuses on solutions for performance-critical applications in the following markets: enterprise and high-performance computing, telecommunications and network infrastructure, industrial equipment and automation, vehicles and transportation as well as aerospace and defense electronics.
TypePublic
Founded1981
HQAndover, MA, US
Websitevicorpower.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Apr 2021)1,023(-2%)
Revenue (FY, 2020)$296.6 M(+13%)
Share Price (Oct 2021)$143.8
Cybersecurity ratingBMore
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Key People/Management at Vicor

Patrizio Vinciarelli

Patrizio Vinciarelli

Chairman of the Board, President and Chief Executive Officer
James F. Schmidt

James F. Schmidt

Corporate Vice President, Chief Financial Officer, Treasurer, and Secretary
Sean Crilly

Sean Crilly

Corporate Vice President, Engineering, Power Systems
Philip D. Davies

Philip D. Davies

Corporate Vice President, Global Sales and Marketing
Robert Gendron

Robert Gendron

Corporate Vice President, Product Marketing & Technical Resources
Nancy L. Grava

Nancy L. Grava

Corporate Vice President, Human Resources
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Vicor Office Locations

Vicor has offices in Andover, Charlestown, Lombard, Cedar Park and in 14 other locations
Andover, MA, US (HQ)
25 Frontage Rd
Andover, MA, US
400 Federal St
Charlestown, NH, US
99 Ceda Road
Lombard, IL, US
333 Butterfield Rd #901
Ismaning, DE
Adalperostraße 29
Hong Kong, HK
New Town Central Plaza
Show all (19)

Vicor Financials and Metrics

Vicor Revenue

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View revenue for all periods
Vicor's revenue was reported to be $296.58 m in FY, 2020 which is a 12.8% increase from the previous period.
USD

Revenue (Q2, 2021)

95.4m

Gross profit (Q2, 2021)

49.9m

Gross profit margin (Q2, 2021), %

52.3%

Net income (Q2, 2021)

19.4m

EBIT (Q2, 2021)

20.0m

Market capitalization (22-Oct-2021)

6.3b

Closing stock price (22-Oct-2021)

143.8

Cash (30-Jun-2021)

159.8m

EV

6.1b
Vicor's current market capitalization is $6.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

291.2m263.0m296.6m

Revenue growth, %

28%(10%)13%

Cost of goods sold

152.2m140.0m165.1m

Gross profit

139.0m123.0m131.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

65.7m63.4m70.8m63.4m70.8m78.1m88.8m95.4m

Cost of goods sold

34.6m34.2m37.8m36.1m40.4m44.8m44.1m45.5m

Gross profit

31.1m29.1m33.0m27.3m30.3m33.3m44.7m49.9m

Gross profit Margin, %

47%46%47%43%43%43%50%52%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

70.6m84.7m161.7m

Accounts Receivable

43.7m38.1m41.0m

Inventories

47.4m49.2m57.3m

Current Assets

165.1m179.1m316.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

66.6m71.5m81.2m82.8m196.7m203.6m127.4m159.8m

Accounts Receivable

41.7m38.5m40.0m41.3m48.5m41.1m47.7m55.0m

Inventories

51.6m54.6m49.7m53.4m55.6m58.2m54.3m57.1m

Current Assets

163.8m169.6m176.0m185.2m308.7m309.8m332.0m349.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

31.8m14.1m17.9m

Depreciation and Amortization

9.3m10.3m11.1m

Inventories

(10.8m)(1.8m)(8.0m)

Accounts Payable

7.5m(7.3m)8.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

4.3m6.9m12.8m(1.7m)941.0k6.7m15.1m34.5m

Depreciation and Amortization

2.4m5.0m7.6m2.7m5.4m8.2m2.8m5.6m

Cash From Operating Activities

(2.1m)5.2m16.5m(984.0k)3.7m15.2m17.8m30.1m

Purchases of PP&E

(3.3m)(5.9m)(9.1m)(3.0m)(8.7m)(16.8m)(9.3m)(15.8m)
USDFY, 2018

Revenue/Employee

298.4k

Financial Leverage

1.2 x

P/E Ratio

48.4
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Vicor Operating Metrics

Vicor's Backlog was reported to be $157.1m in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Backlog

$102.96 m$103.83 m$100.67 m$90.09 m$104.16 m$110.83 m$127.51 m$140 m$147.55 m$157.13 m

Facilities Leased, sq. ft.

31 k31 k31 k

Manufacturing Facilities, sq. ft.

230 k230 k230 k

Patents (US)

106114117
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Vicor Acquisitions / Subsidiaries

Company NameDateDeal Size
560 Oakmead LLC
Freedom Power Systems, Inc.
Northwest Power, Inc.
Vicor Development Corporation
Vicor France SARL
Vicor GmbH
Vicor Hong Kong Ltd.
Vicor Italy SRL
Vicor Japan Company, Ltd.
Vicor KK
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Vicor Revenue Breakdown

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Vicor revenue breakdown by business segment: 35.8% from Advanced Products and 64.2% from Brick Products

Vicor revenue breakdown by geographic segment: 35.6% from United States, 53.2% from Asia Pacific, 10.2% from Europe and 1.0% from Other

Vicor Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Vicor Online and Social Media Presence

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Vicor News and Updates

Vicor is proud to be a Silver Sponsor and active participant in Andover Scarecrow Festival

Vicor is proud to be a Silver Sponsor and active participant in this year's annual Andover Scarecrow Festival. Show your Halloween spirit and creativity by supporting this fun community tradition from October 16 - 30.

Vicor Corporation to Hold Third Quarter Earnings Conference Call and Webcast on October 21, 2021

Vicor Corporation (NASDAQ: VICR) announced today it will hold its third quarter 2021 earnings conference call and webcast on Thursday, October 21, 2021 at 5:00 p.m. (Eastern). Prepared remarks regarding the company's financial and operational results for the three and nine months ended September 30,…

Vicor Corporation to Hold Third Quarter Earnings Conference Call and Webcast on October 21, 2021

ANDOVER, Mass., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) announced today it will hold its third quarter 2021 earnings conference call and webcast on Thursday, October 21, 2021 at 5:00 p.m. (Eastern). Prepared remarks regarding the company's financial and operational resul…

Digital Electricity™ accelerates digital transformation for today’s Smart World

Global digital transformation is well underway, driven by artificial intelligence, a rapidly maturing 5G wireless network and Internet of Things (IoT) systems that deploy billions of intelligent edge sensors to send real-time data to the cloud.

Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2021

ANDOVER, Mass., July 22, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2021. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details…

Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2021

Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2021. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are presented below.
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Vicor Frequently Asked Questions

  • When was Vicor founded?

    Vicor was founded in 1981.

  • Who are Vicor key executives?

    Vicor's key executives are Patrizio Vinciarelli, James F. Schmidt and Sean Crilly.

  • How many employees does Vicor have?

    Vicor has 1,023 employees.

  • What is Vicor revenue?

    Latest Vicor annual revenue is $296.6 m.

  • What is Vicor revenue per employee?

    Latest Vicor revenue per employee is $289.9 k.

  • Who are Vicor competitors?

    Competitors of Vicor include Artesyn Embedded Technologies, Anixter and Graybar.

  • Where is Vicor headquarters?

    Vicor headquarters is located at 25 Frontage Rd, Andover.

  • Where are Vicor offices?

    Vicor has offices in Andover, Charlestown, Lombard, Cedar Park and in 14 other locations.

  • How many offices does Vicor have?

    Vicor has 19 offices.