Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Vicor.
Income Statement
| Breakdown | June 30, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $169.73K | $405.06M | $399.08M | $359.36M | $296.58M | $262.98M | $291.22M | $227.83M | $200.28M | $220.19M |
| Cost of Revenue | $81.83K | $200.13M | $218.52M | $181.16M | $165.13M | $140.01M | $152.25M | $126.17M | $109.07M | $120.68M |
| Gross Profit | $87.89K | $204.93M | $180.56M | $178.20M | $131.45M | $122.97M | $138.97M | $101.66M | $91.21M | $99.52M |
| Gross Profit Ratio | 51.80% | 50.60% | 45.24% | 49.60% | 44.32% | 46.76% | 47.72% | 44.62% | 45.54% | 45.20% |
| Research and Development Expenses | $34.98K | $67.86M | $60.59M | $53.11M | $50.92M | $46.59M | $44.29M | $44.92M | $41.85M | $41.47M |
| General and Administrative Expenses | $- | $81.98M | $82.48M | $66.49M | $60.53M | $59.81M | $59.61M | $55.94M | $53.86M | $56.55M |
| Selling and Marketing Expenses | $- | $3.73M | $3.79M | $2.99M | $2.64M | $2.75M | $2.61M | $2.15M | $1.82M | $1.76M |
| Selling General and Administrative Expenses | $49.32K | $85.71M | $86.26M | $69.48M | $63.16M | $62.56M | $62.22M | $58.09M | $55.67M | $58.31M |
| Other Expenses | $- | $830.00K | $1.49M | $1.20M | $1.09M | $1.07M | $874.00K | $1.26M | $475.00K | $67.00K |
| Operating Expenses | $84.30K | $153.57M | $146.86M | $122.60M | $114.08M | $109.14M | $106.51M | $103.02M | $97.52M | $99.78M |
| Cost and Expenses | $166.13K | $353.70M | $365.38M | $303.76M | $279.21M | $249.16M | $258.76M | $229.19M | $206.59M | $220.46M |
| Interest Income | $- | $8.22M | $1.31M | $930.00K | $95.00K | $300.00K | $257.00K | $124.00K | $68.00K | $47.00K |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $- | $17.24M | $13.00M | $11.71M | $11.06M | $10.33M | $9.25M | $8.89M | $8.44M | $9.14M |
| EBITDA | $-15.90K | $68.60M | $40.20M | $55.60M | $17.37M | $13.82M | $32.86M | $-1.36M | $2.38M | $8.96M |
| EBITDA Ratio | -9.37% | 16.94% | 10.07% | 15.47% | 5.86% | 5.26% | 11.28% | -0.60% | 1.19% | 4.07% |
| Operating Income | $-15.90K | $51.36M | $27.20M | $43.90M | $6.31M | $3.49M | $32.06M | $-1.36M | $-6.31M | $-267.00K |
| Operating Income Ratio | -9.37% | 12.68% | 6.82% | 12.22% | 2.13% | 1.33% | 11.01% | -0.60% | -3.15% | -0.12% |
| Total Other Income Expenses Net | $5.53K | $8.89M | $1.49M | $12.91M | $12.15M | $11.40M | $472.00K | $1.26M | $216.00K | $-22.00K |
| Income Before Tax | $-10.37K | $60.24M | $28.69M | $56.80M | $18.46M | $14.89M | $32.93M | $-98.00K | $-6.03M | $-242.00K |
| Income Before Tax Ratio | -6.11% | 14.87% | 7.19% | 15.81% | 6.22% | 5.66% | 11.31% | -0.04% | -3.01% | -0.11% |
| Income Tax Expense | $5.29K | $6.64M | $3.26M | $176.00K | $539.00K | $778.00K | $1.09M | $-356.00K | $231.00K | $-401.00K |
| Net Income | $15.67K | $53.59M | $25.45M | $56.62M | $17.91M | $14.10M | $31.73M | $167.00K | $-6.25M | $4.93M |
| Net Income Ratio | 9.23% | 13.23% | 6.38% | 15.76% | 6.04% | 5.36% | 10.89% | 0.07% | -3.12% | 2.24% |
| EPS | $0.00 | $1.21 | $0.58 | $1.30 | $0.42 | $0.35 | $0.80 | $0.00 | $-0.16 | $0.13 |
| EPS Diluted | $0.00 | $1.19 | $0.57 | $1.26 | $0.41 | $0.34 | $0.78 | $0.00 | $-0.16 | $0.13 |
| Weighted Average Shares Outstanding | 44.52M | 44.32M | 44.01M | 43.65M | 42.19M | 40.33M | 39.87M | 39.23M | 38.84M | 38.75M |
| Weighted Average Shares Outstanding Diluted | 44.52M | 45.00M | 44.89M | 44.97M | 43.87M | 41.68M | 40.73M | 39.93M | 38.84M | 39.15M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $242.22M | $190.61M | $182.42M | $161.74M | $84.67M | $70.56M | $44.23M | $56.17M | $62.98M | $55.19M |
| Short Term Investments | $- | $- | $45.22M | $50.17M | $- | $- | $- | $- | $- | $270.00K |
| Cash and Short Term Investments | $242.22M | $190.61M | $227.63M | $211.91M | $84.67M | $70.56M | $44.23M | $56.17M | $62.98M | $55.46M |
| Net Receivables | $52.63M | $65.43M | $55.10M | $41.00M | $38.12M | $43.67M | $34.49M | $25.22M | $25.98M | $28.43M |
| Inventory | $106.58M | $101.41M | $67.32M | $57.27M | $49.19M | $47.37M | $36.50M | $27.14M | $23.44M | $26.33M |
| Other Current Assets | $18.94M | $5.15M | $6.71M | $6.76M | $7.10M | $3.46M | $3.62M | $3.25M | $3.10M | $3.15M |
| Total Current Assets | $420.37M | $362.60M | $356.76M | $316.93M | $179.07M | $165.06M | $118.83M | $111.77M | $115.51M | $113.48M |
| Property Plant Equipment Net | $157.69M | $166.01M | $115.97M | $74.84M | $56.95M | $50.43M | $41.36M | $37.57M | $37.45M | $37.39M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $192.00K | $258.00K | $332.00K | $425.00K | $509.00K | $599.00K | $707.00K | $829.00K | $942.00K | $1.03M |
| Goodwill and Intangible Assets | $192.00K | $258.00K | $332.00K | $425.00K | $509.00K | $599.00K | $707.00K | $829.00K | $942.00K | $1.03M |
| Long Term Investments | $2.53M | $2.62M | $2.64M | $2.52M | $2.51M | $2.53M | $2.52M | $2.51M | $2.87M | $3.00M |
| Tax Assets | $18.76M | $280.00K | $208.00K | $226.00K | $205.00K | $265.00K | $210.00K | $38.00K | $15.00K | $- |
| Other Non-Current Assets | $13.81M | $5.13M | $1.29M | $1.30M | $1.49M | $2.19M | $2.09M | $1.35M | $766.00K | $643.00K |
| Total Non-Current Assets | $192.99M | $174.30M | $120.44M | $79.31M | $61.66M | $56.01M | $46.89M | $42.30M | $42.04M | $42.06M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $613.35M | $536.90M | $477.20M | $396.24M | $240.73M | $221.07M | $165.72M | $154.07M | $157.54M | $155.54M |
| Account Payables | $12.10M | $22.21M | $21.19M | $14.12M | $9.01M | $16.15M | $9.06M | $7.59M | $7.47M | $7.93M |
| Short Term Debt | $1.86M | $1.45M | $1.55M | $1.63M | $1.52M | $- | $- | $- | $- | $- |
| Tax Payables | $746.00K | $72.00K | $66.00K | $139.00K | $57.00K | $710.00K | $300.00K | $92.00K | $31.00K | $41.00K |
| Deferred Revenue | $3.16M | $13.20M | $7.91M | $7.31M | $5.51M | $5.07M | $5.79M | $3.40M | $1.99M | $1.44M |
| Other Current Liabilities | $14.20M | $5.42M | $-2.81M | $3.19M | $4.84M | $-2.08M | $3.81M | $3.56M | $3.64M | $5.81M |
| Total Current Liabilities | $44.17M | $64.55M | $49.09M | $40.51M | $29.93M | $36.00M | $28.04M | $22.23M | $20.60M | $23.16M |
| Long Term Debt | $6.36M | $7.01M | $3.23M | $2.97M | $2.85M | $-3.75M | $-707.00K | $- | $192.00K | $- |
| Deferred Revenue Non-Current | $1.02M | $145.00K | $413.00K | $733.00K | $1.05M | $232.00K | $303.00K | $374.00K | $468.00K | $637.00K |
| Deferred Tax Liabilities Non-Current | $18.46M | $13.60M | $10.47M | $643.00K | $567.00K | $3.75M | $707.00K | $- | $55.00K | $329.00K |
| Other Non-Current Liabilities | $2.23M | $-12.74M | $-9.90M | $227.00K | $451.00K | $748.00K | $259.00K | $449.00K | $144.00K | $867.00K |
| Total Non-Current Liabilities | $28.08M | $8.02M | $4.21M | $4.57M | $4.93M | $980.00K | $1.27M | $823.00K | $859.00K | $1.83M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $72.25M | $72.56M | $53.30M | $45.08M | $34.86M | $36.98M | $29.30M | $23.05M | $21.46M | $24.99M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $563.00K | $360.92M | $346.22M | $328.94M | $201.77M | $193.98M | $181.91M | $515.00K | $513.00K | $511.00K |
| Retained Earnings | $296.67M | $243.08M | $217.63M | $161.01M | $143.10M | $129.00M | $93.61M | $93.44M | $99.69M | $94.76M |
| Accumulated Other Comprehensive Income Loss | $-1.27M | $-988.00K | $-1.33M | $-204.00K | $-383.00K | $-394.00K | $-478.00K | $-561.00K | $-577.00K | $-471.00K |
| Other Total Stockholders Equity | $244.91M | $-138.93M | $-138.93M | $-138.93M | $-138.93M | $-138.93M | $-138.93M | $37.42M | $35.41M | $32.97M |
| Total Stockholders Equity | $540.87M | $464.09M | $423.60M | $350.82M | $205.56M | $183.66M | $136.11M | $130.81M | $135.03M | $127.77M |
| Total Equity | $541.11M | $464.34M | $423.90M | $351.15M | $205.87M | $184.09M | $136.42M | $131.02M | $136.09M | $130.55M |
| Total Liabilities and Stockholders Equity | $613.35M | $536.90M | $477.20M | $396.24M | $240.73M | $221.07M | $165.72M | $154.07M | $157.54M | $155.54M |
| Minority Interest | $237.00K | $248.00K | $306.00K | $335.00K | $308.00K | $434.00K | $305.00K | $208.00K | $1.05M | $2.78M |
| Total Liabilities and Total Equity | $613.35M | $536.90M | $477.20M | $396.24M | $240.73M | $221.07M | $165.72M | $154.07M | $157.54M | $155.54M |
| Total Investments | $2.53M | $2.62M | $47.85M | $52.68M | $2.51M | $2.53M | $2.52M | $2.51M | $2.87M | $3.27M |
| Total Debt | $8.23M | $8.46M | $4.78M | $4.60M | $4.38M | $- | $- | $- | $- | $- |
| Net Debt | $-233.99M | $-182.15M | $-177.64M | $-157.15M | $-80.29M | $-70.56M | $-44.23M | $-56.17M | $-62.98M | $-55.19M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $53.59M | $25.43M | $56.63M | $17.92M | $14.11M | $31.85M | $258.00K | $-6.26M | $5.16M | $-14.07M |
| Depreciation and Amortization | $17.24M | $13.78M | $11.71M | $11.06M | $10.33M | $9.25M | $8.89M | $8.44M | $9.14M | $9.80M |
| Deferred Income Tax | $-34.00K | $-72.00K | $18.00K | $-21.00K | $60.00K | $-55.00K | $-172.00K | $-78.00K | $-183.00K | $18.00K |
| Stock Based Compensation | $12.87M | $10.26M | $7.04M | $5.88M | $3.04M | $- | $1.74M | $506.00K | $1.78M | $1.63M |
| Change in Working Capital | $-9.77M | $-34.01M | $-20.94M | $-299.00K | $-5.14M | $-8.28M | $-13.25M | $-2.03M | $685.00K | $5.07M |
| Accounts Receivables | $12.64M | $-10.59M | $-14.30M | $-2.82M | $5.71M | $-8.83M | $-9.21M | $780.00K | $2.20M | $-1.15M |
| Inventory | $-5.24M | $-34.20M | $-10.13M | $-8.05M | $-1.81M | $-10.83M | $-9.31M | $-3.68M | $1.88M | $3.20M |
| Accounts Payables | $-11.15M | $4.40M | $2.50M | $8.67M | $-7.34M | $7.45M | $3.19M | $339.00K | $-1.30M | $300.00K |
| Other Working Capital | $-6.03M | $6.38M | $993.00K | $1.90M | $-1.71M | $3.93M | $2.08M | $528.00K | $-2.10M | $2.72M |
| Other Non Cash Items | $48.00K | $7.56M | $-4.00K | $6.00K | $-186.00K | $10.00K | $74.00K | $-31.00K | $-5.12M | $-267.00K |
| Net Cash Provided by Operating Activities | $73.94M | $22.94M | $54.44M | $34.55M | $22.21M | $36.17M | $-2.46M | $544.00K | $11.47M | $2.19M |
| Investments in Property Plant and Equipment | $-33.45M | $-63.97M | $-47.76M | $-28.65M | $-12.48M | $-18.21M | $-12.54M | $-8.43M | $-9.09M | $-7.13M |
| Acquisitions Net | $- | $- | $-4.10M | $13.00K | $38.00K | $57.00K | $14.00K | $-370.00K | $4.61M | $22.00K |
| Purchases of Investments | $- | $- | $-70.90M | $-50.17M | $- | $- | $- | $- | $60.00K | $-340.00K |
| Sales Maturities of Investments | $- | $45.00M | $75.00M | $-13.00K | $- | $- | $- | $- | $360.00K | $3.46M |
| Other Investing Activities | $- | $45.00M | $4.10M | $195.00K | $-35.00K | $-28.00K | $19.00K | $-91.00K | $-204.00K | $-43.00K |
| Net Cash Used for Investing Activities | $-33.45M | $-18.97M | $-43.66M | $-78.62M | $-12.48M | $-18.24M | $-12.53M | $-8.52M | $-4.27M | $-4.03M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $10.60M | $4.44M | $10.24M | $121.27M | $4.74M | $8.66M | $3.30M | $1.58M | $820.00K | $788.00K |
| Common Stock Repurchased | $- | $- | $- | $- | $-12.00K | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $-139.00K | $- | $- | $- | $- | $-162.00K |
| Other Financing Activities | $1.17M | $103.00K | $-149.00K | $121.04M | $-213.00K | $-270.00K | $-225.00K | $-471.00K | $-216.00K | $626.00K |
| Net Cash Used Provided by Financing Activities | $11.19M | $4.44M | $10.09M | $121.04M | $4.37M | $8.39M | $3.08M | $1.11M | $604.00K | $626.00K |
| Effect of Forex Changes on Cash | $-70.00K | $-219.00K | $-197.00K | $109.00K | $19.00K | $9.00K | $-25.00K | $52.00K | $-12.00K | $60.00K |
| Net Change in Cash | $51.61M | $8.19M | $20.68M | $77.07M | $14.11M | $26.33M | $-11.94M | $-6.81M | $7.79M | $-1.15M |
| Cash at End of Period | $242.22M | $190.61M | $182.42M | $161.74M | $84.67M | $70.56M | $44.23M | $56.17M | $62.98M | $55.19M |
| Cash at Beginning of Period | $190.61M | $182.42M | $161.74M | $84.67M | $70.56M | $44.23M | $56.17M | $62.98M | $55.19M | $56.34M |
| Operating Cash Flow | $73.94M | $22.94M | $54.44M | $34.55M | $22.21M | $36.17M | $-2.46M | $544.00K | $11.47M | $2.19M |
| Capital Expenditure | $-33.45M | $-63.97M | $-47.76M | $-28.65M | $-12.48M | $-18.21M | $-12.54M | $-8.43M | $-9.09M | $-7.13M |
| Free Cash Flow | $40.49M | $-41.03M | $6.68M | $5.89M | $9.72M | $17.96M | $-15.01M | $-7.88M | $2.38M | $-4.94M |