Vicor Corporation raised its third-quarter 2026 sequential revenue growth guidance to more than 30%, up from a prior forecast of more than 20%, citing increased royalties from its first non-exclusive license to Vertical Power Delivery (VPD) technology.

The company made the announcement on Sept. 30, 2026, according to a press release. The VPD licensing agreement had been previously disclosed by Vicor.

Vicor, headquartered in Andover, Massachusetts, designs and manufactures modular power components and power systems. The company licenses its patents to original equipment manufacturers and hyper-scalers.