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NVE Corporation(NVEC)Earnings, Financials & Key Ratios
NVEC•NASDAQ
$99.08
31.6× P/E·Price updated Jul 6, 2026
AboutNVE 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.Show more
- Revenue$26M+1.8%
- EBITDA$16M-2.4%
- Net Income$15M+0.9%
- EPS (Diluted)3.14+1.0%
- Gross Margin78.73%-5.9%
- EBITDA Margin60.46%-4.1%
- Operating Margin60.46%-2.2%
- Net Margin57.72%-0.9%
- ROE25.22%+7.0%
NVEC Price & Volume
NVE Corporation (NVEC) stock price & volume — 10-year historical chart
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Elite Profitability Masks Stagnant Revenue Growth Profile
Investment Thesis • Updated 2026Q4
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Fortress
Cash Flow:Robust
Primary Risk:Stagnant Revenue Growth Profile
Key Thesis Takeaways
- NVE Corporation maintains a fortress balance sheet and exceptional operating margins, yet the firm faces significant challenges in achieving consistent top-line expansion due to its reliance on lumpy, niche industrial contracts.
- While the company's asset-light model and minimal capital expenditure requirements support a generous dividend policy, the lack of sustained revenue growth suggests a potential saturation of its core spintronic sensor markets.
- Investors should monitor whether the firm can pivot its specialized technology toward higher-growth applications to justify its current 30.63 P/E valuation.
Verdict Logic
while the company maintains a high-quality earnings profile with minimal stock-based compensation, the stagnant 1.76% year-over-year revenue growth and high 30.63 P/E multiple suggest limited upside potential for new capital.
NVEC Growth Metrics
NVE Corporation (NVEC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-0.51%
5 Years4.27%
3 Years-11.71%
TTM1.76%
Profit CAGR
10 Years2.15%
5 Years5.38%
3 Years-12.51%
TTM0.89%
EPS CAGR
10 Years2.18%
5 Years5.35%
3 Years-12.58%
TTM0.96%
Return on Capital
10 Years23.51%
5 Years28.26%
3 Years26.22%
Last Year26.03%
NVEC Recent Earnings
NVE Corporation (NVEC) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$1.02
—
Rev
$8M
—
Q1 2026
Jan 21, 2026Metric
Actual
Est
EPS
$0.70
—
Rev
$6M
—
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.68
—
Rev
$6M
—
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.74
—
Rev
$6M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $1.02 | $8M |
| Q1 2026 | Jan 21, 2026 | $0.70 | $6M |
| Q4 2025 | Oct 22, 2025 | $0.68 | $6M |
| Q3 2025 | Jul 23, 2025 | $0.74 | $6M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for NVE Corporation (NVEC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $99.08 | $479.27M | 31.55 | 1.76% | 57.72% | 25.22% | 4.04% | |
| $19.62 | $457.56M | -754.62 | 9.52% | 0.5% | 0.42% | — | |
| $217.57 | $7.18B | -109.88 | 34.29% | -6.13% | -4.66% | — | |
| $1346.13 | $66.14B | 105.58 | 26.43% | 22.84% | 19.05% | — | |
| $615.46 | $16.25B | -357.83 | 61.16% | -6.38% | -2.15% | — | |
| $56.56 | $10.48B | -702.61 | 22.77% | -1.67% | -1.57% | — |
Compare NVEC vs Peers
NVE Corporation (NVEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NVEC SEC Filings & Documents
NVE Corporation (NVEC) SEC filings — annual & quarterly reports (10-K, 10-Q)
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NVEC Frequently Asked Questions
NVE Corporation (NVEC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is NVE Corporation's revenue?
NVE Corporation (NVEC) reported $26.3M in revenue for fiscal year 2026. This represents a 201% increase from $8.8M in 1997.
How fast is NVE Corporation growing?
NVE Corporation (NVEC) grew revenue by 1.8% over the past year. Growth has been modest.
Is NVEC profitable?
Yes, NVE Corporation (NVEC) is profitable, generating $15.2M in net income for fiscal year 2026 (57.7% net margin).
Dividend & Returns
Does NVEC pay dividends?
Yes, NVE Corporation (NVEC) pays a dividend with a yield of 4.04%. This makes it attractive for income-focused investors.
What is NVEC's return on equity?
NVE Corporation (NVEC) has a return on equity (ROE) of 25.2%. This is excellent, indicating efficient use of shareholder capital.
What is NVE Corporation's free cash flow?
NVE Corporation (NVEC) generated $14.5M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.