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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total net revenues $ 143,352 $ 96,046 $ 256,321 $ 190,014
Patent litigation settlement 0 45,000 0 45,000
Total net revenues and patent litigation settlement 143,352 141,046 256,321 235,014
Cost of product revenues 60,232 48,918 110,835 98,521
Gross margin 83,120 92,128 145,486 136,493
Operating expenses:        
Selling, general and administrative 27,601 27,952 50,793 53,089
Research and development 20,641 18,791 42,931 38,168
Total operating expenses 48,242 46,743 93,724 91,257
Income from operations 34,878 45,385 51,762 45,236
Other income (expense), net:        
Total unrealized gains (losses) on available-for-sale securities, net 17 (80) 63 (57)
Less: portion of (gains) losses recognized in other comprehensive income (17) 80 (63) 57
Net credit gains recognized in earnings 0 0 0 0
Other income (expense), net 4,045 3,657 7,564 6,791
Total other income (expense), net 4,045 3,657 7,564 6,791
Income before income taxes 38,923 49,042 59,326 52,027
Less: (Benefit) provision for income taxes (10,863) 7,842 (11,136) 8,266
Consolidated net income 49,786 41,200 70,462 43,761
Less: Net income attributable to noncontrolling interest 14 8 26 30
Net income attributable to Vicor Corporation $ 49,772 $ 41,192 $ 70,436 $ 43,731
Net income per common share attributable to Vicor Corporation:        
Basic $ 1.08 $ 0.92 $ 1.54 $ 0.97
Diluted $ 1.04 $ 0.91 $ 1.48 $ 0.97
Shares used to compute net income per common share attributable to Vicor Corporation:        
Basic [1] 45,936 45,007 45,703 45,112
Diluted 47,708 45,077 47,481 45,286
Product Revenue [Member]        
Total net revenues $ 112,926 $ 85,693 $ 210,930 $ 168,899
Royalty Revenue [Member]        
Total net revenues $ 30,426 $ 10,353 $ 45,391 $ 21,115
[1] Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.