Direct Customers, Contract Manufacturers & Non-Stocking Distributors was Vicor’s largest product and service line in fiscal 2024, bringing in $201.50M of $359.06M (56%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|
| Direct Customers, Contract Manufacturers & Non-Stocking Distributors | $283.28M | $319.59M | $277.00M | $201.50M | |||
| Stocking Distributors, Net Of Sales Allowances | $63.48M | $65.65M | $96.44M | $103.77M | |||
| Royalty Revenue | — | $2.80M | $15.87M | $46.60M | |||
| Non-Recurring Engineering | $10.71M | $10.97M | $14.60M | $5.75M | |||
| Royalties | $1.82M | — | — | — | |||
| Other | $71.00K | $71.00K | $1.16M | $1.44M | |||
| Total | $359.36M | $399.08M | $405.06M | $359.06M |
Vicor brought in $359.06M from its five product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 11.4% from $405.06M in fiscal 2023. Direct Customers, Contract Manufacturers & Non-Stocking Distributors was the largest at $201.50M (56.1%), ahead of Stocking Distributors, Net Of Sales Allowances at $103.77M (28.9%) and Royalty Revenue at $46.60M (13.0%). The other two lines brought in $7.19M combined.
Compared with fiscal 2023, Royalty Revenue grew fastest, up 193.6% to $46.60M, while Direct Customers, Contract Manufacturers & Non-Stocking Distributors fell the most, down 27.3% to $201.50M.
Vicor began breaking out Royalty Revenue in fiscal 2022, when it brought in $2.80M. Vicor stopped reporting Royalties as a separate line after fiscal 2021, when it brought in $1.82M.
Advanced Products was Vicor’s largest segment in fiscal 2024, bringing in $197.33M of $359.06M (55%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brick Products | $189.14M | $155.76M | $181.17M | $161.73M | |||||||||||
| Bbu | — | — | — | — | |||||||||||
| Advanced Products | $170.22M | $243.32M | $223.89M | $197.33M | |||||||||||
| Vi Chip | — | — | — | — | |||||||||||
| Picor | — | — | — | — | |||||||||||
| Eliminations | — | — | — | — | |||||||||||
| Total | $359.36M | $399.08M | $405.06M | $359.06M |
Vicor brought in $359.06M from its two segments in fiscal 2024, the year ended December 31, 2024. That was down 11.4% from $405.06M in fiscal 2023. Advanced Products was the largest at $197.33M (55.0%), ahead of Brick Products at $161.73M (45.0%).
Compared with fiscal 2023, Brick Products fell 10.7% to $161.73M and Advanced Products fell 11.9% to $197.33M. From fiscal 2021 to 2024, combined revenue from these segments fell from $359.36M to $359.06M, a compound annual decline of 0.0%. Advanced Products' share of the total rose from 47.4% to 55.0%.
United States was Vicor’s largest region in fiscal 2024, bringing in $185.83M of $359.06M (52%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $200.80M | $228.34M | $192.27M | $129.98M | ||||||
| United States | $118.64M | $129.42M | $149.46M | $185.83M | ||||||
| Europe | $37.91M | $38.38M | $59.74M | $41.80M | ||||||
| All Other | $2.01M | $2.94M | $3.59M | $1.44M | ||||||
| All Other Countries | — | — | — | — | ||||||
| Total | $359.36M | $399.08M | $405.06M | $359.06M |
Vicor brought in $359.06M from its four regions in fiscal 2024, the year ended December 31, 2024. That was down 11.4% from $405.06M in fiscal 2023. United States was the largest at $185.83M (51.8%), ahead of Asia Pacific at $129.98M (36.2%) and Europe at $41.80M (11.6%). The remaining region, All Other, brought in $1.44M.
Compared with fiscal 2023, United States grew fastest, up 24.3% to $185.83M, while Asia Pacific fell the most, down 32.4% to $129.98M. From fiscal 2021 to 2024, combined revenue from these regions fell from $359.36M to $359.06M, a compound annual decline of 0.0%. United States' share of the total rose from 33.0% to 51.8%.
Vicor (VICR) reports its revenue by product and service, by segment and by geography. In fiscal 2024, Direct Customers, Contract Manufacturers & Non-Stocking Distributors was its largest product and service line, bringing in $201.50M (56.1% of the total), followed by Stocking Distributors, Net Of Sales Allowances at $103.77M (28.9%).
Direct Customers, Contract Manufacturers & Non-Stocking Distributors was Vicor's largest product and service line in fiscal 2024, bringing in $201.50M, or 56.1% of the $359.06M total across its five product and service lines.
Advanced Products was Vicor's largest segment in fiscal 2024, bringing in $197.33M, or 55.0% of the $359.06M total across its two segments.
United States was Vicor's largest region in fiscal 2024, bringing in $185.83M, or 51.8% of the $359.06M total across its four regions.
Among Vicor's product and service lines that make up at least 2% of revenue, Royalty Revenue grew fastest in fiscal 2024, up 193.6% from $15.87M to $46.60M.
Every figure comes from Vicor's annual financial filings, as reported. Each line keeps the name Vicor gives it, and years follow its fiscal calendar.
Vicor's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.