Nve Corp (NVEC) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Nve reported revenue of $26.3M, up 1.8% from $25.9M the year before. Net income was $15.2M (a 57.7% net margin), or $3.14 per diluted share. Gross margin was 78.7% and operating margin was 60.5%. Operating activities generated $16.7M of cash, leaving $14.5M of free cash flow. At fiscal year end, Nve held $60.4M in total assets against $2.1M in total liabilities, including $1.7M of cash and equivalents.
Open the full interactive Nve financials → Quarterly statements, key ratios, valuation history and price charts.
Nve Key Stats
| Share Price | $110.74 |
|---|---|
| Market Cap | $536.6M |
| P/E Ratio | 35.3 |
| Dividend Yield | 3.61% |
| Revenue YoY Growth | +1.8% |
| 52-Week Range | $55.46 – $133.06 |
| Shares Outstanding | 4.8 million (basic, 2027 Q1) |
Nve Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $21.4M | $27.0M | $38.3M | $29.8M | $25.9M | $26.3M |
| Gross Profit | $17.2M | $20.7M | $30.2M | $23.0M | $21.6M | $20.7M |
| Operating Income | $12.7M | $16.3M | $25.6M | $18.5M | $16.0M | $15.9M |
| Pre-Tax Income | $14.2M | $17.5M | $27.1M | $20.5M | $18.0M | $17.8M |
| Income Tax | $2.5M | $3.0M | $4.4M | $3.3M | $3.0M | $2.6M |
| Net Income | $11.7M | $14.5M | $22.7M | $17.1M | $15.1M | $15.2M |
| Diluted EPS | $2.42 | $3.00 | $4.70 | $3.54 | $3.11 | $3.14 |
Nve Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $6.3M | $6.2M | $7.7M | $11.0M |
| Net Income | $3.3M | $3.4M | $4.9M | $6.4M |
| Diluted EPS | $0.68 | $0.70 | $1.02 | $1.32 |
Nve Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.4M | $10.4M | $1.7M | $10.3M | $8.0M | $1.7M |
| Current Assets | $24.4M | $41.5M | $30.8M | $33.2M | $33.2M | $32.2M |
| Total Assets | $72.5M | $67.5M | $69.3M | $66.8M | $64.3M | $60.4M |
| Current Liabilities | $1.0M | $2.5M | $1.8M | $1.0M | $1.2M | $1.1M |
| Total Liabilities | $1.6M | $2.9M | $2.2M | $1.2M | $2.0M | $2.1M |
| Shareholders' Equity | $70.9M | $64.6M | $67.1M | $65.6M | $62.3M | $58.2M |
Nve Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $13.4M | $12.5M | $19.1M | $18.2M | $14.3M | $16.7M |
| Cash From Investing | $8.4M | $7.0M | -$8.5M | $9.6M | $2.7M | -$3.6M |
| Cash From Financing | -$19.4M | -$19.5M | -$19.3M | -$19.2M | -$19.2M | -$19.3M |
| Free Cash Flow | $13.3M | $12.0M | $18.2M | $18.2M | $13.1M | $14.5M |
| Dividends Paid | — | — | $19.3M | $19.3M | $19.3M | $19.3M |
Figures from Nve's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Nve financials page for every line item.
Nve Company Profile
| Ticker | NVEC |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Eden Prairie, Minnesota |
| Incorporated in | Minnesota |
| Fiscal Year End | March 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000724910 |
Frequently Asked Questions
What was Nve's revenue in fiscal 2026?
Nve (NVEC) reported revenue of $26.3M for fiscal 2026.
What is Nve's annual revenue history?
Nve's annual revenue by fiscal year: 2021: $21.4M; 2022: $27.0M; 2023: $38.3M; 2024: $29.8M; 2025: $25.9M; 2026: $26.3M.
What was Nve's net income in fiscal 2026?
Nve reported net income of $15.2M for fiscal 2026.
What was Nve's earnings per share (EPS) in fiscal 2026?
Nve's diluted EPS was $3.14 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Nve generate in fiscal 2026?
Nve generated $14.5M of free cash flow in fiscal 2026.
What was Nve's revenue last quarter?
In its most recent reported quarter (2027 Q1), Nve reported revenue of $11.0M.
How many shares of Nve are outstanding?
Nve reported a weighted average of 4.8 million basic shares outstanding in 2027 Q1.
What is Nve's market cap?
Based on its latest closing price, Nve (NVEC) has a market capitalization of about $536.6M.
When does Nve's fiscal year end?
Nve's fiscal year end, as registered with the SEC, is March 31.
Where is Nve headquartered?
Nve lists its business address in Eden Prairie, Minnesota in its SEC filings.