Shares of Vicor Corporation (NASDAQ: VICR) are surging 15.44% in pre-market trading on Wednesday, building on the momentum from an 18.39% after-hours gain following the release of the company's outstanding third-quarter 2025 financial results. The power components maker significantly outperformed analyst expectations, driven by robust revenue growth and record licensing income.

For the quarter ended September 30, 2025, Vicor reported earnings per share (EPS) of $0.63, a substantial increase from $0.26 in the same period last year and far surpassing the analyst consensus estimate of $0.14. The company's revenue rose 18.5% year-over-year to $110.42 million, comfortably beating the expected $95.40 million. Notably, Vicor's net income for the quarter reached $28.29 million, more than doubling from the previous year.

CEO Dr. Patrizio Vinciarelli highlighted the company's success in licensing revenue, which reached a record rate in Q3. He expressed optimism about Vicor's IP licensing practice, stating, "As high density power systems pioneered by Vicor, including NBMs and VPD, are on the critical path of high performance computing, I expect Vicor's IP licensing practice to grow substantially." This positive outlook, coupled with the strong financial results and improving operational efficiency, appears to be driving investor enthusiasm and the significant pre-market stock price increase.