Vicor Corp
NASDAQ:VICR
Income Statement
Earnings Waterfall
Vicor Corp
Revenue
|
391m
USD
|
Cost of Revenue
|
-187.5m
USD
|
Gross Profit
|
203.6m
USD
|
Operating Expenses
|
-161.5m
USD
|
Operating Income
|
42m
USD
|
Other Expenses
|
2.9m
USD
|
Net Income
|
45m
USD
|
Income Statement
Vicor Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
211
N/A
|
217
+3%
|
220
+2%
|
226
+2%
|
237
+5%
|
239
+1%
|
230
-4%
|
220
-4%
|
202
-8%
|
199
-2%
|
204
+2%
|
200
-2%
|
209
+4%
|
214
+2%
|
217
+2%
|
228
+5%
|
239
+5%
|
255
+7%
|
276
+8%
|
291
+5%
|
292
+0%
|
281
-4%
|
274
-3%
|
263
-4%
|
261
-1%
|
268
+3%
|
275
+3%
|
297
+8%
|
322
+9%
|
347
+8%
|
353
+2%
|
359
+2%
|
359
0%
|
366
+2%
|
384
+5%
|
399
+4%
|
409
+2%
|
413
+1%
|
418
+1%
|
405
-3%
|
391
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(123)
|
(125)
|
(126)
|
(129)
|
(133)
|
(132)
|
(127)
|
(121)
|
(112)
|
(111)
|
(111)
|
(109)
|
(113)
|
(117)
|
(121)
|
(126)
|
(130)
|
(137)
|
(144)
|
(152)
|
(152)
|
(148)
|
(146)
|
(140)
|
(142)
|
(148)
|
(155)
|
(165)
|
(173)
|
(178)
|
(176)
|
(181)
|
(188)
|
(198)
|
(212)
|
(219)
|
(219)
|
(215)
|
(211)
|
(200)
|
(188)
|
|
Gross Profit |
88
N/A
|
92
+5%
|
95
+3%
|
97
+3%
|
103
+6%
|
107
+4%
|
103
-4%
|
100
-3%
|
90
-10%
|
88
-2%
|
93
+5%
|
91
-1%
|
96
+5%
|
97
+1%
|
96
-1%
|
102
+6%
|
108
+6%
|
118
+9%
|
132
+12%
|
139
+5%
|
140
+1%
|
133
-5%
|
127
-5%
|
123
-3%
|
119
-3%
|
120
+1%
|
121
+0%
|
131
+9%
|
149
+13%
|
168
+13%
|
178
+6%
|
178
+0%
|
171
-4%
|
168
-2%
|
172
+3%
|
181
+5%
|
189
+5%
|
198
+4%
|
207
+4%
|
205
-1%
|
204
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(105)
|
(107)
|
(111)
|
(110)
|
(109)
|
(107)
|
(101)
|
(100)
|
(99)
|
(99)
|
(99)
|
(98)
|
(98)
|
(99)
|
(101)
|
(103)
|
(105)
|
(105)
|
(106)
|
(107)
|
(107)
|
(106)
|
(107)
|
(109)
|
(112)
|
(114)
|
(114)
|
(114)
|
(114)
|
(116)
|
(120)
|
(123)
|
(125)
|
(131)
|
(138)
|
(147)
|
(157)
|
(158)
|
(155)
|
(154)
|
(161)
|
|
Selling, General & Administrative |
(65)
|
(66)
|
(69)
|
(68)
|
(65)
|
(63)
|
(59)
|
(58)
|
(58)
|
(57)
|
(57)
|
(56)
|
(56)
|
(56)
|
(57)
|
(58)
|
(59)
|
(61)
|
(62)
|
(62)
|
(62)
|
(61)
|
(62)
|
(63)
|
(64)
|
(64)
|
(64)
|
(63)
|
(64)
|
(65)
|
(67)
|
(70)
|
(71)
|
(75)
|
(80)
|
(86)
|
(88)
|
(88)
|
(88)
|
(86)
|
(91)
|
|
Research & Development |
(40)
|
(41)
|
(41)
|
(42)
|
(42)
|
(42)
|
(41)
|
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(43)
|
(43)
|
(45)
|
(45)
|
(44)
|
(45)
|
(44)
|
(44)
|
(45)
|
(46)
|
(47)
|
(49)
|
(50)
|
(50)
|
(51)
|
(51)
|
(51)
|
(53)
|
(53)
|
(54)
|
(57)
|
(58)
|
(61)
|
(62)
|
(64)
|
(67)
|
(68)
|
(70)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
0
|
0
|
0
|
|
Operating Income |
(17)
N/A
|
(15)
+11%
|
(16)
-5%
|
(13)
+22%
|
(6)
+55%
|
0
N/A
|
2
+1 900%
|
(0)
N/A
|
(9)
-3 000%
|
(11)
-15%
|
(6)
+42%
|
(6)
-2%
|
(2)
+63%
|
(2)
+4%
|
(4)
-100%
|
(1)
+68%
|
4
N/A
|
13
+242%
|
26
+99%
|
33
+25%
|
33
+1%
|
27
-18%
|
20
-26%
|
14
-31%
|
7
-49%
|
7
-6%
|
7
N/A
|
17
+164%
|
34
+98%
|
52
+52%
|
58
+11%
|
56
-5%
|
46
-18%
|
37
-19%
|
35
-7%
|
34
-2%
|
33
-3%
|
39
+20%
|
52
+32%
|
51
-1%
|
42
-18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
(1)
|
1
|
3
|
4
|
7
|
8
|
0
|
|
Non-Reccuring Items |
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
10
|
|
Pre-Tax Income |
(17)
N/A
|
(15)
+12%
|
(18)
-19%
|
(15)
+20%
|
(6)
+62%
|
0
N/A
|
2
+1 000%
|
(0)
N/A
|
(9)
-4 500%
|
(11)
-14%
|
(6)
+45%
|
(6)
-3%
|
(2)
+72%
|
(1)
+18%
|
(4)
-150%
|
(0)
+97%
|
5
N/A
|
14
+170%
|
26
+96%
|
33
+25%
|
34
+2%
|
28
-17%
|
21
-25%
|
15
-29%
|
8
-46%
|
8
-5%
|
8
+3%
|
19
+137%
|
36
+93%
|
54
+51%
|
60
+11%
|
57
-5%
|
47
-18%
|
38
-19%
|
28
-26%
|
29
+3%
|
36
+26%
|
44
+23%
|
60
+34%
|
60
+1%
|
52
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(9)
|
(9)
|
0
|
0
|
0
|
(1)
|
0
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(2)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
|
Income from Continuing Operations |
(24)
|
(24)
|
(27)
|
(14)
|
(5)
|
1
|
2
|
0
|
(9)
|
(10)
|
(5)
|
(6)
|
(2)
|
(2)
|
(4)
|
0
|
5
|
14
|
27
|
32
|
32
|
27
|
20
|
14
|
8
|
8
|
8
|
18
|
35
|
52
|
59
|
57
|
47
|
38
|
26
|
25
|
32
|
38
|
53
|
54
|
45
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(24)
N/A
|
(24)
-1%
|
(27)
-12%
|
(14)
+49%
|
(5)
+63%
|
1
N/A
|
7
+1 240%
|
5
-27%
|
(4)
N/A
|
(5)
-33%
|
(5)
-4%
|
(6)
-15%
|
(2)
+69%
|
(2)
N/A
|
(4)
-121%
|
0
N/A
|
5
+2 400%
|
13
+168%
|
26
+97%
|
32
+20%
|
32
+1%
|
27
-17%
|
20
-26%
|
14
-28%
|
8
-43%
|
8
+1%
|
8
-1%
|
18
+121%
|
35
+94%
|
52
+48%
|
59
+15%
|
57
-4%
|
47
-18%
|
38
-19%
|
26
-30%
|
25
-3%
|
32
+25%
|
38
+21%
|
53
+39%
|
54
+1%
|
45
-16%
|
|
EPS (Diluted) |
-0.62
N/A
|
-0.63
-2%
|
-0.71
-13%
|
-0.36
+49%
|
-0.14
+61%
|
0.01
N/A
|
0.17
+1 600%
|
0.13
-24%
|
-0.11
N/A
|
-0.14
-27%
|
-0.14
N/A
|
-0.16
-14%
|
-0.04
+75%
|
-0.04
N/A
|
-0.1
-150%
|
0
N/A
|
0.13
N/A
|
0.33
+154%
|
0.65
+97%
|
0.78
+20%
|
0.78
N/A
|
0.65
-17%
|
0.47
-28%
|
0.34
-28%
|
0.19
-44%
|
0.19
N/A
|
0.18
-5%
|
0.41
+128%
|
0.78
+90%
|
1.15
+47%
|
1.31
+14%
|
1.26
-4%
|
1.03
-18%
|
0.84
-18%
|
0.59
-30%
|
0.57
-3%
|
0.71
+25%
|
0.85
+20%
|
1.18
+39%
|
1.19
+1%
|
1
-16%
|