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NVE Corporation NVEC Free cash flow

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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%

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×
Current ratio28.2×-0.2×

Where this comes from

Calculated from NVE Corporation’s reported figures.

Plus components not separately reported this period.

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 free cash flow?
NVE Corporation (NVEC) reported free cash flow of $12.41M in Q1 2026.
How has NVE Corporation's free cash flow changed year-over-year?
NVE Corporation's free cash flow decreased by 0.8% year-over-year, from $12.51M to $12.41M.
What is the long-term trend for NVE Corporation's free cash flow?
Over 2 years (2022 to 2024), NVE Corporation's free cash flow has grown at a 23.2% compound annual growth rate (CAGR), from $12.02M to $18.23M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.