NVEC - NASDAQ

NVE Corporation

NVE Corporation

NVEC·NASDAQ

$110.02

+9.0%
TechnologySemiconductors

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$532.19M
EPS3.1400
P/E Ratio35.04
Earnings Date07/22/2026
16.66M
Operating Cash Flow
16%
3Y-13.0%
5Y+25.0%
10Y+35.0%
-3.63M
Investing Cash Flow
-236%
3Y-57.0%
5Y-143.0%
10Y-149.0%
-19.35M
Financing Cash Flow
1%
3Y-
5Y-
10Y+1.0%
NVEC

NVE Corporation Cash Conversion Engine

NVEC · NASDAQ
Net Income15.20M
Depreciation & Amortization460.03K
Stock-Based Compensation93.66K
Change in Working Capital0.00
Others-1.20M
Capital Expenditures-2.19M
Free Cash Flow14.47M

Cash Flow Quality Analysis

FCF Conversion Rate

95.2%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

13.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+10.8%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

NVE Corporation Cash Flow Statement

NVEC • NASDAQ

NVE Corporation Cash Flow StatementMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 2009Mar 2008Mar 2007
OPERATING ACTIVITIES
Net Income
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
Depreciation & Amortization
460K
324.2K
308.1K
196.7K
425K
542.9K
550K
705.2K
979.7K
1.1M
851K
934.4K
844.3K
647.2K
500.1K
411.5K
389.3K
473.7K
560.5K
530.1K
Change in Deferred Taxes
2.1M
-612K
-1M
161.9K
24.5K
-129.2K
77.8K
-31.3K
96.3K
6.1K
295.8K
155.7K
121.9K
51.3K
-12.9K
294.4K
271.7K
256.4K
806.3K
2.3M
Stock-Based Compensation
93.7K
152.2K
141.9K
59.7K
81.9K
45.6K
48.4K
93.4K
40.9K
22K
21.2K
59K
53.2K
66.7K
80.2K
76.7K
100.8K
86.7K
169.6K
136.4K
Other Non-Cash Items
-1.2M
-369K
-96.8K
60.9K
0.0
0.0
0.0
2.4M
1.7M
-32.6K
-352.3K
-24.3K
-57.5K
-15.7K
11.4M
-230.2K
-280.4K
-274.6K
-89.6K
-2.1M
Cash Taxes Paid
(0.0)
(3.3M)
(4.5M)
(4.5M)
(2.5M)
(2.4M)
(2.6M)
(3.4M)
(6M)
(6M)
(5.8M)
(6.8M)
(5.3M)
(5.2M)
(5.2M)
(6.3M)
(5.6M)
(4.4M)
(0.0)
(0.0)
Change in Working Capital
0.0
-249.5K
1.8M
-4.1M
-2.5M
1.2M
693K
-1.1M
122.4K
-1.7M
1.2M
-623K
303.6K
67.1K
863.4K
-1.1M
-17K
-327K
-1.7M
-132.5K
Cash from Operating Activities
16.7M
14.3M
18.2M
19.1M
12.5M
13.4M
15.9M
14.2M
15.2M
12.4M
14.3M
14.9M
12.4M
12.6M
12.8M
12.8M
12.5M
10M
6.9M
5.5M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
-2.2M
-1.3M
-16.7K
-935.8K
-484.6K
-62.7K
-52K
-68.3K
-604.8K
-519.8K
-287.3K
-185K
-160.7K
-1.8M
-1.5M
-732.8K
-305.9K
-401.6K
-817.6K
-322K
Acquisitions, Net
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-8.5M
-5.3M
-7.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Purchase of Investments
-15.2M
-11.3M
-6.1M
-28.4M
(0.0)
-10.5M
-7.2M
-13.7M
-18.2M
-11.5M
-14.6M
-9M
-22.8M
-27.2M
-18.5M
-14.7M
-13.8M
-12.1M
-16.5M
-9.5M
Sale/Maturity of Investments
13.8M
15.2M
15.7M
20.8M
7.5M
19M
12.5M
20.8M
19.5M
19.4M
19.7M
12.2M
10.1M
17.2M
7.8M
1.6M
258.2K
2M
11.8M
1.3M
Other Investing Items
0.0
0.0
0.0
100K
0.0
8.5M
5.3M
7.1M
1.3M
7.9M
5.2M
3.2M
-12.7M
-10M
0.0
0.0
0.0
4.2K
1.5K
0.0
Cash from Investing Activities
-3.6M
(2.7M)
(9.6M)
-8.5M
(7M)
(8.4M)
(5.3M)
(7.1M)
(717.8K)
(7.4M)
(4.9M)
(3M)
-12.9M
-11.8M
-12.2M
-13.9M
-13.9M
-10.5M
-5.5M
-8.5M
FINANCING ACTIVITIES
Net Issuance of Common Stock
0.0
114.2K
117.5K
-20.7K
-163.5K
-91.4K
-687.4K
0.0
51K
247.1K
-2M
302.7K
-846.6K
144.2K
36.0
418.7K
622.4K
270.2K
47K
26.5K
Net Issuance of Debt
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-33.3K
Cash Paid for Dividends
-19.3M
-19.3M
-19.3M
-19.3M
-19.3M
-19.3M
-19.4M
-19.4M
-19.4M
-19.3M
-19.4M
-10M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Share Repurchases
(0.0)
(0.0)
(0.0)
-20.7K
-163.5K
-91.4K
-687.4K
(0.0)
(0.0)
(0.0)
-2.3M
(0.0)
-1.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Other Financing Items
0.0
0.0
0.0
0.0
0.0
0.0
112.4K
217.9K
0.0
32.6K
352.3K
24.3K
57.5K
15.7K
0.0
230.2K
280.4K
270.4K
33.8K
2.1M
Cash from Financing Activities
-19.3M
-19.2M
-19.2M
-19.3M
-19.5M
-19.4M
-20M
-19.2M
-19.3M
-19.1M
-21.1M
-9.7M
-789.2K
159.9K
36.0
648.9K
902.9K
540.6K
80.8K
2.1M
CASH FLOW SUMMARY
Net Change in Cash
-6.3M
-2.2M
8.6M
-8.8M
22.2K
2.4M
1.2M
2.1M
-3.4M
664.8K
-1.9M
8.2M
-1.2M
965.1K
592.3K
-437.1K
-485.8K
-10.8K
1.5M
-890.9K
Cash at Beginning of Period
8M
10.3M
1.7M
10.4M
10.4M
8.1M
6.9M
4.8M
8.2M
7.5M
9.4M
1.3M
2.5M
1.5M
952.2K
1.4M
1.9M
1.9M
397.4K
1.3M
Cash at End of Period
1.7M
8M
10.3M
1.7M
10.4M
10.4M
8.1M
6.9M
4.8M
8.2M
7.5M
9.4M
1.3M
2.5M
1.5M
952.2K
1.4M
1.9M
1.9M
397.4K
Free Cash Flow
14.5M
13.1M
18.2M
18.2M
12M
13.3M
15.8M
14.2M
14.5M
11.9M
14M
14.7M
12.2M
10.8M
11.3M
12.1M
12.2M
9.6M
6.1M
5.2M

SEC Filings

NVEC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-K

10-K 2026 FY

FY

May 06, 2026
March 31, 2026
2026
View Filing
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
View Filing
10-Q

10-Q 2025 Q4

Q4

January 21, 2026
December 31, 2025
2025
View Filing
8-K

8-K 2026

N/A

January 21, 2026
January 21, 2026
2026
View Filing
8-K/A

8-K/A 2006 (Amended)

N/A

December 17, 2025
January 01, 2006
2006
View Filing
8-K

8-K 2025

N/A

October 22, 2025
October 22, 2025
2025
View Filing
10-Q

10-Q 2025 Q3

Q3

October 22, 2025
September 30, 2025
2025
View Filing
8-K

8-K 2025

N/A

August 12, 2025
August 07, 2025
2025
View Filing
10-Q

10-Q 2025 Q2

Q2

July 23, 2025
June 30, 2025
2025
View Filing
8-K

8-K 2025

N/A

July 23, 2025
July 23, 2025
2025
View Filing
Showing 1 to 10 of 295 filings

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