Vicor (VICR) Shares Surge 11% on Q4 Earnings Beat, Margin Growth

Vicor Corporation (VICR) shares surged 10.9% during afternoon trading on February 20, 2026, following a fourth-quarter earnings report that significantly exceeded analyst expectations. The power conversion solutions provider reported GAAP profit of $1.01 per share, far surpassing the $0.37 consensus estimate. Revenue rose 11.5% year-over-year to $107.3 million, aligning with Wall Street targets. The strong performance was driven by expanding operating margins, which increased to 14.6% from 10% in the prior year quarter. The stock is currently trading near its 52-week high of $171.53.