Vicor shares climbed about 7.4% as of 2:58 p.m. ET after the modular power components maker reported stronger-than-expected third-quarter 2026 results before the market opened. Revenue rose 78.5% year over year to $197.1 million, above analysts' $187 million forecast, and net income reached $63.3 million, or $1.33 per diluted share, versus $0.63 a year earlier and an expected $1.24. Backlog climbed 166% to $406 million as of the end of September 2026, which the article links to the company licensing its power technologies to hyperscalers and its data center exposure. The stock is up about 87% so far this year, and the article notes it trades at 75.8 times operating cash flow, well above its five-year average of 36.6.
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