Vicor Corporation (VICR)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 53,595 | 52,989 | 38,199 | 31,691 | 25,446 | 26,264 | 37,731 | 46,532 | 56,625 | 58,938 | 51,464 | 34,737 | 17,910 | 8,029 | 8,181 | 8,077 | 14,098 | 19,696 | 26,771 | 32,068 |
| Revenue (ttm) | US$ in thousands | 413,907 | 420,379 | 415,653 | 411,092 | 401,558 | 744,011 | 725,804 | 718,994 | 719,508 | 353,979 | 347,180 | 322,565 | 297,170 | 275,993 | 268,669 | 261,279 | 263,414 | 274,009 | 281,058 | 291,685 |
| Net profit margin | 12.95% | 12.61% | 9.19% | 7.71% | 6.34% | 3.53% | 5.20% | 6.47% | 7.87% | 16.65% | 14.82% | 10.77% | 6.03% | 2.91% | 3.05% | 3.09% | 5.35% | 7.19% | 9.53% | 10.99% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $53,595K ÷ $413,907K
= 12.95%
To analyze Vicor Corp.'s net profit margin over the past eight quarters, we observe a fluctuating trend. The net profit margin increased steadily from Q1 2022 (12.97%) to Q2 2022 (10.32%), reaching its peak. However, in the subsequent quarters, the net profit margin started declining, hitting a low in Q1 2023 (7.76%).
In Q2 2023, there was a slight recovery in the net profit margin to 9.25%, but it was still below the levels seen in the earlier quarters. The most recent data for Q4 2023 shows a further improvement in the net profit margin to 13.23%, indicating a positive trend in profitability.
Overall, Vicor Corp.'s net profit margin has shown variability over the past eight quarters, with some fluctuations. It is essential for the company to maintain or improve its profitability levels to ensure its financial health and sustainable growth.
Peer comparison
Dec 31, 2023