VICR at a glance
VICOR CORP (VICR, SEC CIK 751978) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on September 10, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), VICOR CORP (VICR) reported revenue of $407.7 million (up 13.5% from FY2024) and net income of $118.6 million. Diluted EPS was $2.61.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding VICOR CORP (VICR) shares worth $5.0 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by VINCIARELLI PATRIZIO on October 2, 2026 of 1,075 shares at $306.93 per share.
- In the last 90 days, VICR insiders reported 0 open-market purchases ($0) and 51 open-market sales ($15.7M) on Form 4, a net sale of $15.7M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $407.7M
- +13.5% vs prior year
- Insiders · 90 days
- 0 buys · 51 sells
- Net −$15.7M
- 13F holders
- 34 funds
- $5.0B · +1 vs prior quarter
- Latest 8-K
- Sep 10, 2026
- Item 5.03
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Design, manufacture, and market modular power components and systems for efficient DC and AC voltage conversion across diverse electronic applications
- Emphasis on proprietary Factorized Power Architecture (FPA) Advanced Products driving higher efficiency and power density, with increasing revenue share reaching ~61% in 2025
- Strategic shift toward high-volume Advanced Products for data center and high-performance computing, while maintaining profitable Brick Products in mature markets
- Order backlog growth to $176.9M in 2025 from $155.5M in 2024; turns volume increased to ~34% of 2025 revenues from 18% in 2023, reflecting transition to larger OEM customers
- Introduced 10% tariff surcharge in H2 2025 to offset new tariffs impacting cost structure
Risk Factors
- Regulatory risk from Section 301 Tariffs on Chinese imports costing $7.375M in 2025, up 76.1% YoY, reducing gross profit margin by 1.8% of net revenues
- Geopolitical risk from U.S.-China trade disputes and export controls impacting 11.9% of revenues from China/Hong Kong customers in 2025
- Operational risk from dependence on single-source suppliers causing inventory excess or shortage, affecting production and profitability
- Competitive risk from global IDMs and fabless companies with greater resources potentially undercutting Vicor’s advanced power management products
- Key-person risk from dependence on founder/CEO Dr. Vinciarelli for product development and business leadership
Management Discussion & Analysis
- Revenue $407.7M in 2025, up 13.5% YoY from $359.1M in 2024; Advanced Products revenue $248.6M (+26.0%), Brick Products $159.1M (-1.6%)
- Gross margin 57.3% in 2025 vs 51.2% in 2024, gross margin dollars $259.4M vs $184.0M, boosted by $45M patent litigation settlement and higher sales volume
- Best segment: Advanced Products $248.6M (+$51.2M); worst segment: Brick Products $159.1M (-$2.6M)
- Cash $402.8M at 2025 year-end; operating cash flow $139.5M; capital expenditures $20.3M; stock buybacks $35.2M; $64.3M authorization remains for repurchases
- Management notes risks from supply chain disruptions and short-term demand forecasting; outlook favors continued investment in Advanced Products and expects ongoing supply chain challenges
AI summary of the VICR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No risk-factor section provided; supplied text covers equity repurchases, insider trading plans, and exhibits
- CEO Rule 10b5-1 plan: potential sale of up to 1,000,000 shares from September 7, 2026
- Insider-selling overhang: sales capped at 20,000 shares per trading day through December 31, 2028
- Share-repurchase capacity: $64,327,067 remaining under the $100,000,000 authorization
AI summary of the VICR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Bylaw amendment effective September 9, 2026, clarifying director-removal provisions
- Potential impact on board governance and shareholder rights
Item 8.01: Other Events
- New $150 million share repurchase authorization, replacing the prior program
- Potential shareholder value support through reduced shares outstanding and increased ownership concentration
Item 2.02: Results of Operations and Financial Condition
- Q2 and first-half 2026 results announced for periods ended June 30, 2026
- Full financial results and management commentary available in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 revenue $143.4M, up 26.9% sequentially, driven by product revenue $112.9M and royalty revenue $30.4M
- Net income $49.8M, or $1.04 diluted EPS, versus $20.7M and $0.44 in Q1
AI summaries of VICR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for VICR
Don't miss the next VICR filing
- Alerts as it files. A push when VICR files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut VICR, by share count.
- Ask anything. An AI agent that reads every VICR filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 1,075 | $306.93 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 4,961 | $308.01 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 877 | $309.10 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 6,448 | $310.32 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 2,679 | $311.42 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 2,648 | $312.29 |
| VINCIARELLI PATRIZIO | Sell | Oct 2, 2026 | 1,312 | $313.32 |
| VINCIARELLI PATRIZIO | Sell | Oct 1, 2026 | 1,300 | $307.02 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $359.1M | $407.7M |
| Gross Profit | - | $184.0M | $259.4M |
| Operating Income | - | -$1.3M | $81.8M |
| Net Income | - | $6.1M | $118.6M |
| Gross Margin | - | 51.2% | 63.6% |
| Op. Margin | - | -0.4% | 20.1% |
| Net Margin | - | 1.7% | 29.1% |
| Balance Sheet | |||
| Total Assets | $594.9M | $641.1M | $785.8M |
| Equity | $540.9M | $570.1M | $711.6M |
| ROE | - | 1.1% | 16.7% |
| Per Share | |||
| EPS | - | $0.14 | $2.61 |
| Cash Flow | |||
| Operating CF | - | $50.8M | $139.5M |
| CapEx | - | $23.6M | $20.3M |
Source: XBRL data in VICOR CORP (VICR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate VICR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $4.95B |
| Q1 2026 | 33 | $2.01B |
| Q4 2025 | 30 | $1.52B |
| Q3 2025 | 30 | $892.6M |
| Q2 2025 | 29 | $633.5M |
| Q1 2025 | 26 | $477.5M |
| Q4 2024 | 23 | $255.9M |
| Q3 2024 | 19 | $115.7M |
- T. Rowe Price Group+479.9K (+25%)
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- BlackRock−423.4K (-15%)
- Millennium Management−159.1K (-72%)
- FMR LLC (Fidelity)−128.1K (-77%)
- State Street Corp−85.6K (-11%)
- Northern Trust−79.8K (-29%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 224 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
VICR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 4 | Sep 3, 2026 | - | - | - |
| 8-K | Aug 27, 2026 | - | Analysis | - |
| 4 | Aug 24, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 5, 2026 | - | - | - |
| 10-Q | Jul 29, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 27, 2026 | - | - | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| SC 13G | Jul 16, 2026 | - | - | |
| 4 | Jul 7, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
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VICR SEC filings: frequently asked questions
Are VICR insiders buying or selling?
In the last 90 days, VICOR CORP (VICR) officers, directors and 10% owners reported no open-market purchases and 51 open-market sales worth $15.7 million by 4 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold VICR stock?
As of June 30, 2026, the largest VICOR CORP (VICR) holders among the 13F filers tracked by SignalX were BlackRock ($934.6 million), T. Rowe Price Group ($899.5 million), JPMorgan Chase & Co ($869.8 million), Vanguard Portfolio Management LLC ($486.2 million), Vanguard Capital Management LLC ($425.6 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was VICR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), VICOR CORP (VICR) reported revenue of $407.7 million (up 13.5% from FY2024) and net income of $118.6 million. Diluted EPS was $2.61. The figures come from the XBRL data in the 10-K.
What are the main risks in VICR's latest 10-K?
In the 10-K filed March 2, 2026, VICOR CORP (VICR) flagged: Regulatory risk from Section 301 Tariffs on Chinese imports costing $7.375M in 2025, up 76.1% YoY, reducing gross profit margin by 1.8% of net revenues. Geopolitical risk from U.S.-China trade disputes and export controls impacting 11.9% of revenues from China/Hong Kong customers in 2025. (AI summary of the Risk Factors section.)
What did VICR report in its latest 8-K?
VICOR CORP (VICR) filed an 8-K on September 10, 2026 reporting Item 5.03 (Amendments to Articles of Incorporation or Bylaws). Bylaw amendment effective September 9, 2026, clarifying director-removal provisions.
What are the latest VICR SEC filings?
VICOR CORP (VICR) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on September 10, 2026 and a Form 4 insider filing on October 5, 2026.
What is VICR's SEC CIK number?
VICOR CORP (VICR)'s SEC Central Index Key (CIK) is 751978. EDGAR lists every VICR filing under that number.
Ask anything about VICR
The research agent reads VICR's filings, financials, insider trades and 13F holders, then answers with sources.