What is NVE Corporation's accrued expenses?

NVE Corporation (NVEC) reported accrued expenses of $697.61K in Q1 2026.

How has NVE Corporation's accrued expenses changed year-over-year?

NVE Corporation's accrued expenses decreased by 19.9% year-over-year, from $871.17K to $697.61K.

What is the long-term trend for NVE Corporation's accrued expenses?

Over 5 years (2021 to 2026), NVE Corporation's accrued expenses has grown at a 5.2% compound annual growth rate (CAGR), from $540.47K to $697.61K.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

NVE Corporation NVEC Accrued Expenses

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Other financials

Income statement

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Revenue$7.7M+5.3%

Gross profit$5.9M+3.4%

Operating income$4.7M+11.4%

Net income$4.9M+26.6%

EPS (diluted)$1.02+27.5%

Balance sheet

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Cash & equivalents$1.7M-78.7%

Total debt$905.5K-1.7%

Total equity$58.2M-6.5%

Total assets$60.4M-6.1%

Cash flow

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Operating cash flow$4.5M+80.7%

CapEx$9.0M-11.6%

Free cash flow$12.4M-0.8%

Valuation

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Market cap$456.24M+35.7%

Enterprise value$455.43M+38.4%

P/E30×+7.7×

P/S17.3×+4.3×

Profitability

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Gross margin78.7%-4.9pp

Operating margin60.5%-1.4pp

Net margin57.7%-0.5pp

FCF margin53.8%+0.7pp

Returns & leverage

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Return on equity25.2%+1.7pp

Debt / equity0×0.0×

Current ratio28.2×-0.2×

Where this comes from

Reported directly by NVE Corporation in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The official record: NVE Corporation’s 10-K, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NVE Corporation's accrued expenses?: NVE Corporation (NVEC) reported accrued expenses of $697.61K in Q1 2026.
How has NVE Corporation's accrued expenses changed year-over-year?: NVE Corporation's accrued expenses decreased by 19.9% year-over-year, from $871.17K to $697.61K.
What is the long-term trend for NVE Corporation's accrued expenses?: Over 5 years (2021 to 2026), NVE Corporation's accrued expenses has grown at a 5.2% compound annual growth rate (CAGR), from $540.47K to $697.61K.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.