NVE Corporation (NVEC)

Name: NVE Corporation Financial Statements
Creator: Quarter Results

Technology | Semiconductors

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$7.7M

Net Income

$4.9M

Operating Margin

61.9%

Free Cash Flow

$14.5M

Debt / Assets

4.3%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for NVE Corporation (NVEC).
Income Statement (Quarterly)	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	7,654,806	6,224,776	6,346,992	6,104,644
Cost of Revenue	1,705,758	1,332,679	1,378,494	1,182,523
Gross Profit	5,949,048	4,892,097	4,968,498	4,922,121
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	443,095	352,136	436,919	418,640
Operating Expenses	1,214,292	1,147,721	1,310,389	1,138,871
Operating Income	4,734,756	3,744,376	3,658,109	3,783,250
Interest Expense	0	0	0	0
Income Before Tax	5,182,189	4,206,330	4,145,533	4,282,269
Income Tax Expense	254,292	821,688	834,695	706,451
Net Income	4,927,897	3,384,642	3,310,838	3,575,818
Per Share
EPS	1.02	0.70	0.68	0.74
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for NVE Corporation (NVEC).
Income Statement (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Revenue	26,331,218	25,874,694	29,804,179	38,253,592	26,986,970
Cost of Revenue	5,599,454	4,235,780	6,772,533	8,062,311	6,263,090
Gross Profit	20,731,764	21,638,914	23,031,646	30,191,281	20,723,880
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	1,650,790	2,009,246	1,781,347	1,963,105	1,469,321
Operating Expenses	4,811,273	5,644,765	4,512,781	4,547,099	4,395,195
Operating Income	15,920,491	15,994,149	18,518,865	25,644,182	16,328,685
Interest Expense	0	0	0	0	1,171,128
Income Before Tax	17,816,321	18,038,737	20,467,585	27,092,837	17,499,813
Income Tax Expense	2,617,126	2,974,221	3,342,886	4,398,379	2,992,312
Net Income	15,199,195	15,064,516	17,124,699	22,694,458	14,507,501
Per Share
EPS	3.14	3.12	3.54	4.70	3.00
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for NVE Corporation (NVEC).
Balance Sheet (Quarterly)	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Assets
Cash and Cash Equivalents	1,714,040	8,036,564	10,283,550	1,669,896
Short Term Investments	18,125,060	13,691,593	11,917,779	15,513,095
Net Receivables	3,864,507	3,589,268	3,144,833	6,523,344
Inventory	7,082,821	7,449,083	7,158,585	6,417,010
Total Current Assets	32,191,277	33,199,922	33,194,096	30,786,804
Property Plant Equipment	4,509,803	2,904,248	1,343,932	1,771,281
Goodwill and Intangibles	0	0	0	0
Total Assets	60,865,361	64,275,862	66,780,033	69,255,170
Liabilities
Account Payables	278,599	214,691	127,153	281,712
Short Term Debt	165,116	83,010	358,744	175,798
Total Current Liabilities	1,141,326	1,168,870	1,035,741	1,832,760
Long Term Debt	740,423	838,221	175,775	342,908
Total Liabilities	2,615,862	2,007,091	1,211,516	2,175,668
Shareholders Equity
Retained Earnings	38,318,368	42,467,837	46,743,005	48,949,610
Total Shareholders Equity	58,249,499	62,268,771	65,568,517	67,079,502

Balance sheet annual history for NVE Corporation (NVEC).
Balance Sheet (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	1,714,040	8,036,564	10,283,550	1,669,896	10,449,510
Short Term Investments	18,125,060	13,691,593	11,917,779	15,513,095	20,839,683
Net Receivables	3,864,507	3,589,268	3,144,833	6,523,344	4,704,829
Inventory	7,082,821	7,449,083	7,158,585	6,417,010	5,088,635
Total Current Assets	32,191,277	33,199,922	33,194,096	30,786,804	41,503,177
Property Plant Equipment	4,509,803	2,904,248	1,343,932	1,771,281	1,166,635
Goodwill and Intangibles	0	0	0	0	0
Total Assets	60,865,361	64,275,862	66,780,033	69,255,170	67,467,492
Liabilities
Account Payables	278,599	214,691	127,153	281,712	943,535
Short Term Debt	165,116	83,010	358,744	175,798	156,121
Total Current Liabilities	1,141,326	1,168,870	1,035,741	1,832,760	2,456,345
Long Term Debt	740,423	838,221	175,775	342,908	446,018
Total Liabilities	2,615,862	2,007,091	1,211,516	2,175,668	2,902,363
Shareholders Equity
Retained Earnings	38,318,368	42,467,837	46,743,005	48,949,610	45,578,456
Total Shareholders Equity	58,249,499	62,268,771	65,568,517	67,079,502	64,565,129

Cash flow quarterly history for NVE Corporation (NVEC).
Cash Flow Statement (Quarterly)	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Operating Activities
Net Income	15,199,195	15,064,516	17,124,699	22,694,458
Depreciation & Amortization	460,028	324,232	308,147	257,606
Stock Based Compensation	0	152,167	141,936	59,657
Change in Working Capital	-990,062	-249,507	1,773,313	-4,082,117
Operating Cash Flow	16,657,997	14,310,418	18,247,411	19,091,498
Investing Activities
Capital Expenditure	-2,189,137	-1,257,109	-16,731	-935,791
Investments	-2,189,138	-1,257,109	-16,731	-935,791
Investing Cash Flow	-3,631,857	2,668,118	9,580,084	-8,527,108
Financing Activities
Debt Repayment	0	0	0	0
Common Stock Issued/Repurchased	0	114,162	117,463	-20,700
Dividends Paid	-19,348,664	-19,339,684	-19,331,304	-19,323,304
Financing Cash Flow	-19,348,664	-19,225,522	-19,213,841	-19,344,004
Summary
Free Cash Flow	14,468,860	13,053,309	18,230,680	18,155,707
Net Change in Cash	-6,322,524	-2,246,986	8,613,654	-8,779,614

Cash flow annual history for NVE Corporation (NVEC).
Cash Flow Statement (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	15,199,195	15,064,516	17,124,699	22,694,458	14,507,501
Depreciation & Amortization	460,028	324,232	308,147	257,606	424,981
Stock Based Compensation	0	152,167	141,936	59,657	81,855
Change in Working Capital	-990,062	-249,507	1,773,313	-4,082,117	-2,535,115
Operating Cash Flow	16,657,997	14,310,418	18,247,411	19,091,498	12,503,679
Investing Activities
Capital Expenditure	-2,189,137	-1,257,109	-16,731	-935,791	-484,579
Investments	-2,189,138	-1,257,109	-16,731	-935,791	-484,579
Investing Cash Flow	-3,631,857	2,668,118	9,580,084	-8,527,108	7,015,421
Financing Activities
Debt Repayment	0	0	0	0	0
Common Stock Issued/Repurchased	0	114,162	117,463	-20,700	-163,521
Dividends Paid	-19,348,664	-19,339,684	-19,331,304	-19,323,304	-19,333,409
Financing Cash Flow	-19,348,664	-19,225,522	-19,213,841	-19,344,004	-19,496,930
Summary
Free Cash Flow	14,468,860	13,053,309	18,230,680	18,155,707	12,019,100
Net Change in Cash	-6,322,524	-2,246,986	8,613,654	-8,779,614	22,170