NVEC - NASDAQ
NVE Corporation
$110.02
-2.1%NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
At a Glance
Live SnapshotNVE Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
NVE Corporation Income Statement
NVEC • NASDAQ
| NVE Corporation Income Statement | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
26.3M | 25.9M | 29.8M | 38.3M | 27M | 21.4M | 25.4M | 26.5M | 29.9M | 28.3M | 27.7M | 30.6M | 25.9M | 27M | 28.6M | 31.2M | 28.1M | 23.4M | 20.5M | 16.5M | |
GROSS PROFIT | ||||||||||||||||||||
(5.6M) | (4.2M) | (6.8M) | (8.1M) | (6.3M) | (4.1M) | (4.9M) | (5.2M) | (6.3M) | (6.1M) | (6.6M) | (6M) | (5.7M) | (7M) | (9.3M) | (9.8M) | (8.3M) | (6.7M) | (6.8M) | (5.8M) | |
20.7M | 21.6M | 23M | 30.2M | 20.7M | 17.2M | 20.5M | 21.3M | 23.6M | 22.2M | 21.1M | 24.6M | 20.2M | 20M | 19.3M | 21.4M | 19.8M | 16.6M | 13.7M | 10.7M | |
OPERATING INCOME | ||||||||||||||||||||
(2.8M) | (5.6M) | (4.5M) | (4.5M) | (4.4M) | (4.5M) | (5M) | (5.3M) | (5.1M) | (4.8M) | (4.8M) | (5.3M) | (5.8M) | (4.8M) | (5M) | (3.7M) | (3.5M) | (3.4M) | (3.6M) | (4.1M) | |
(1.7M) | (2M) | (1.8M) | (2M) | (1.5M) | (1.3M) | (1.3M) | (1.2M) | (1.4M) | (1.5M) | (1.8M) | (2.3M) | (2.2M) | (2.2M) | (2.4M) | (2.5M) | (2.4M) | (2.2M) | (2.2M) | (2M) | |
(1.1M) | (3.6M) | (2.7M) | (2.6M) | (2.9M) | (3.2M) | (3.7M) | (4.1M) | (3.7M) | (3.3M) | (3.1M) | (3M) | (3.6M) | (2.6M) | (2.6M) | (1.3M) | (1.1M) | (1.2M) | (1.5M) | (2.2M) | |
15.9M | 16M | 18.5M | 25.6M | 16.3M | 12.7M | 15.5M | 15.9M | 18.5M | 17.4M | 16.3M | 19.3M | 14.4M | 15.2M | 14.3M | 17.7M | 16.3M | 13.3M | 10M | 6.5M | |
PRE-TAX INCOME | ||||||||||||||||||||
0.0 | 1.9M | 1.9M | 1.4M | 1.2M | 1.5M | 1.8M | 1.8M | 1.6M | 1.7M | 1.9M | 2.2M | 2.1M | 2.4M | 2.4M | 2M | 1.6M | 1.2M | 0.0 | 0.0 | |
1.9M | 2M | 1.9M | 1.4M | 1.2M | 1.5M | 1.8M | 1.8M | 1.6M | 1.7M | 1.9M | 2.2M | 2.1M | 2.4M | 2.4M | 2M | 1.6M | 1.2M | 1M | 646.2K | |
17.8M | 18M | 20.5M | 27.1M | 17.5M | 14.2M | 17.3M | 17.7M | 20M | 19.1M | 18.2M | 21.4M | 16.5M | 17.6M | 16.6M | 19.7M | 17.9M | 14.4M | 11.1M | 7.2M | |
NET INCOME | ||||||||||||||||||||
(2.6M) | (3M) | (3.3M) | (4.4M) | (3M) | (2.5M) | (2.8M) | (3.2M) | (6.1M) | (6.1M) | (5.9M) | (7.1M) | (5.4M) | (5.7M) | (5.2M) | (6.3M) | (5.9M) | (4.6M) | (3.9M) | (2.4M) | |
15.2M | 15.1M | 17.1M | 22.7M | 14.5M | 11.7M | 14.5M | 14.5M | 13.9M | 12.9M | 12.3M | 14.4M | 11.1M | 11.8M | 11.4M | 13.4M | 12M | 9.8M | 7.2M | 4.8M |
SEC Filings
NVEC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-K 10-K 2026 FY FY | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | January 21, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 21, 2026 | January 21, 2026 | 2026 | |
8-K/A 8-K/A 2006 (Amended) N/A | December 17, 2025 | January 01, 2006 | 2006 | |
8-K 8-K 2025 N/A | October 22, 2025 | October 22, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 22, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 12, 2025 | August 07, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | July 23, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 23, 2025 | July 23, 2025 | 2025 |
Related Guides
Continue your NVEC research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.