Vicor jumps as Q1 beat and 70% backlog surge keep buyers active
VICR•Vicor shares rose 4.32% to $274.20 as investors continued to re-price the stock after a strong Q1 2026 earnings beat and sharply higher backlog. The April 21 results showed revenue of $113.0 million (+20.2% YoY), EPS of $0.44, and backlog of $301 million (+70% sequential).
1. What’s moving the stock today
Vicor (VICR) is up 4.32% today to $274.20, with buying interest still centered on the company’s late-April earnings update and demand indicators. The key swing factor for traders has been the combination of faster growth, strong margins, and a backlog jump that signals multi-quarter revenue visibility.
2. The catalyst: Q1 beat plus backlog acceleration
On April 21, 2026, Vicor reported first-quarter revenue of $113.0 million, up 20.2% year over year, and net income of $20.7 million, or $0.44 per diluted share. Backlog climbed to $301 million, up 70% sequentially and 75% year over year, as the company pointed to rising demand across high-performance compute, automatic test equipment, and industrial, aerospace and defense applications. �citeturn1view0turn1view3
3. What investors are watching next
With the stock near recent highs, the market focus shifts to whether order momentum translates into sustained shipment growth and whether capacity additions keep pace with demand. Investors are also monitoring insider activity after a Form 4 showing director Andrew D’Amico sold 7,512 shares on May 4, 2026, in an exercise-and-sell transaction, a disclosure that can amplify volatility in a fast-rallying name. �citeturn2search0turn2search7
