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Vicor posts 20% revenue growth, strong margins, and backlog rise, driven by AI power needs and aerospace focus.

Analyst Insights
20 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Vicor reported a 20.2% year-over-year revenue increase in Q1 2026, with a gross margin of 55.2% and a 75% rise in backlog to $301 million. The company benefits from growing demand for advanced power delivery systems, especially in AI applications, focusing on 48V power delivery and aerospace/defense sectors. Despite a high valuation at $332 per share, accelerating royalties and strong backlog execution support a positive outlook if growth continues. Vicor's strategy to diversify markets and leverage its IP licensing model positions it well for long-term growth.

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