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NVE Corporation

NVEC

NVE Corporation is a high-technology company that develops and sells electronic devices based on spintronics, a nanotechnology that utilizes electron spin rather than charge to process information.

Market cap
$564.06M+83.4%
Revenue$31.3M+24.1%
Net income$18.0M+23.9%
Free cash flow$20.3M-9.6%
EPS (diluted)$3.72+24.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 21, 2026 (in 3 months)

Financials

Q1 2027

Income statement

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Revenue$11.0M+80.7%
Gross profit$9.0M+82.2%
Operating income$7.3M+92.1%
Net income$6.4M+78.8%
EPS (diluted)$1.32+78.4%

Balance sheet

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Cash & equivalents$2.9M-10.1%
Total debt$905.8K+1.5%
Total equity$59.8M-2.1%
Total assets$62.1M-2.3%

Cash flow

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Operating cash flow$5.3M+2.2%
CapEx$4.2M-58.2%
Free cash flow$1.1M+122%

Valuation & ratios

Valuation

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Market cap$567.79M+83.4%
Enterprise value$565.8M+82.2%
P/E31.5×+10.0×
P/S18.2×+5.7×

Profitability

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Gross margin79.3%-3.1pp
Operating margin62.1%+1.0pp
Net margin57.6%-0.1pp

Returns & leverage

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Return on equity29.8%+6.7pp
Debt / equity0.0×
Current ratio23.7×+7.6×

Competitors

Profile

NVE Corporation is a high-technology company that develops and sells electronic devices based on spintronics, a nanotechnology that utilizes electron spin rather than charge to process information. The company specializes in the design and manufacture of high-performance sensors and couplers used to acquire and transmit data in industrial, medical, and military applications. Its core value proposition lies in providing components that are smaller, more precise, and more power-efficient than traditional semiconductor devices.

Competitive position

NVE is a specialized leader in spintronics, competing on high-performance technical specifications and reliability rather than price.

GeographiesUnited States, Asia, Europe
Customer segmentsIndustrial, Medical, Military, Automotive
Business modelManufacturing, IP Licensing, Contract R&D
SuppliersRaw silicon suppliers, Semiconductor foundry wafer providers, Specialized chemical and gas suppliers, Asian packaging service vendors
CustomersMedical device OEMs, Industrial automation distributors, Military and aerospace contractors, Electronic component distributors
Listed1996
Employees54.0
CEODaniel A. Baker
Websitenve.com
FilingsSEC EDGAR

Questions, answered.

What is NVE Corporation's market cap?
NVE Corporation (NVEC) has a market capitalization of $564.1M and trades on NASDAQ.
What is NVE Corporation's revenue and profitability?
NVE Corporation generated $31.3M in trailing twelve-month revenue with net income of $18.0M, representing a net margin of 57.6%. Gross margin stands at 79.3%, with free cash flow of $20.3M. These figures are based on the Q2 2026 filing.
Who are NVE Corporation's competitors?
NVE Corporation's key competitors include Analog Devices, Texas Instruments, Honeywell, and others. These companies compete in similar markets and product categories.
Who does NVE Corporation partner with?
NVE Corporation's notable partners include Abbott Laboratories, America II Electronics, Inc., Angst+Pfister Sensors and Power, and others.
Where is NVE Corporation headquartered?
NVE Corporation is headquartered in United States of America and employs approximately 54 people. It has been publicly traded since 1996.