VICOR CORPORATION

The business, in plain English

VICOR CORPORATION booked $408M of revenue in FY2025 in the Technology sector and kept 63.6% of it as gross profit — a high-margin business by that measure. After every other cost, 29.1% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $198M (FY2009) to $408M (FY2025) — about 4.6% a year compounded over 16 years.

It earned 26.5% on invested capital in the latest filed year, FY2025. Across the full 17-year measurable filed record, median ROIC was 8.3%. Over the v3 recent window (10 measurable filed years), median ROIC was 9.9%. The Returns on Capital filter above scores it 35/100.

VICR's latest filed year, FY2025, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Balance-Sheet Safety is the strongest of the five filters (100/100) and Returns on Capital the weakest (35/100), which is how VICR lands at 64/100 — a Narrow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.