VICOR CORP

Overview

Vicor Corporation is a power-electronics company that designs, develops, manufactures, and markets modular power components and power systems used to convert and deliver electrical power in electronic equipment. Its portfolio includes Advanced Products for demanding, high-performance applications and Brick Products for conventional power architectures. The company describes its purpose as advancing power delivery with modular power components; it was founded in 1981.[1]+3

Vicor serves customers worldwide, with applications spanning data centers and computing, aerospace and defense, industrial automation, telecommunications, and transportation. It reported FY2025 net revenue of $407.7 million and 1,092 full-time employees at year-end. Its reported sales and support footprint includes the Americas, Europe, and Asia.[5]+5 [1]+12

Products & services

Vicor’s products are modular power components and systems for converting electrical power, using proprietary high-frequency switching and supporting power-distribution architectures including 48V DC. Product applications also include 380V data-center, 110V rail, 28V military and avionics, and 24V industrial systems [11]. Its Advanced Products use the Factorized Power Architecture, a set of modular building blocks optimized for specific conversion functions that can be used individually or combined. These products serve data-center infrastructure, server racks and motherboards, AI accelerators, and applications in aerospace, defense, satellites, automation, instrumentation, transportation, telecom, and vehicles [12][13].

A Power-on-Package configuration described by Vicor combines one Modular Current Driver (MCD) with two Modular Current Multiplier (MCM) units. For a 350W AI accelerator card, the modules deliver 0.7V at an average 650A and up to 1,200A peak to a GPU or AI ASIC; mounting the MCMs on the processor substrate reduces distribution losses and frees processor pins for other functions [14]. Vicor’s Brick Products are integrated power-converter families whose DC–DC converters can provide transformation, rectification, isolation, regulation, filtering, and input protection. Complementary products provide AC-line rectification, input filtering, power-factor correction, and transient protection; specifications vary by voltage, power rating, dimensions, temperature grade, and performance [15][16].

Vicor also offers design tools and engineering support to assist customers with power-system design and product development [17]. In Q2 2026, Advanced Products generated $94.161 million and Brick Products $49.191 million of $143.352 million in total net revenue—approximately 65.7% and 34.3%, respectively [18]. Those category totals included $30.426 million of royalties, all assigned to Advanced Products; separately reported product revenue was $112.926 million [19]. [11]+10

Geographic presence

In 2025, 50.8% of Vicor’s net revenues came from outside the United States; China and Hong Kong together accounted for approximately 11.9% of total revenue. The company identifies Asia as a significant international sales market, but does not provide a full country-by-country revenue breakdown.[20]

Vicor’s headquarters and all Massachusetts manufacturing activities are in Andover, Massachusetts. Its listed technical support centers include Andover, Lombard, Illinois, and Santa Clara, California, and international locations in Beijing, Hong Kong, Shanghai and Shenzhen; Munich; Bangalore; Milan; Tokyo; Seoul; Singapore; Taipei; and Camberley, United Kingdom.[21][9] Vicor reported 1,092 employees as of December 31, 2025, without a geographic breakdown.[10] [20]+3

Business segments

Vicor reports one operating and reportable segment; its Advanced Products and Brick Products classifications are product categories, not separate reportable segments. Management reviews financial results and allocates resources on a consolidated basis.[22][2]

For FY2025, Advanced Products represented approximately 61% of net revenue and Brick Products approximately 39%. Advanced Products comprise semiconductor-based modular power products associated with Vicor’s Factorized Power Architecture, while Brick Products are converter products in a brick format for conventional power architectures.[23]+2 [22]+4

Company history

Vicor was incorporated in Delaware in 1981, founded by Dr. Patrizio Vinciarelli. In 1984, it introduced a DC–DC converter in the modular “Brick” form factor, an early milestone in its power-conversion technology.[26][4] The company held its initial public offering in May 1991.[26]

In 1997, Vicor documented a new generation of DC–DC converters; in 2003, it announced its V•I Chip and Factorized Power Architecture, which divided power conversion into modular functional stages.[27][28] In 2013, it introduced ChiP packaging for power components.[29] On May 18, 2022, Vicor opened its U.S. ChiP fabrication facility in Andover, Massachusetts, expanding its manufacturing capacity.[30] [26]+5

Sources

• VICOR CORP — Full financial report (2025 Y)
  17 citations

  [1][2][5][6][7][8][9][14][16][17][20][21][22][23][24][25][26]
• www.vicorpower.com[3]
• www.vicorpower.com[4]
• www.vicorpower.com[10]
• VICOR CORP — Full financial report (2026 Q 2)
  6 citations

  [11][12][13][15][18][19]
• www.vicorpower.com[27]
• vicorcorporation.gcs-web.com[28]
• www.vicorpower.com[29]
• www.vicorpower.com[30]