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Other financials

Income statement

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Revenue$11.0M+80.7%
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

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Market cap$609.19M+105%
Enterprise value$607.2M+106%
P/E33.8×+13.4×
P/S19.5×+7.7×

Profitability

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Gross margin79.3%-3.1pp
Operating margin62.1%+1.0pp
Net margin57.6%-0.1pp
FCF margin53.8%+0.7pp

Returns & leverage

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

Where this comes from

Calculated from NVE Corporation’s reported figures.

The source filing: NVE Corporation’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0001376474-26-000514
Line itemQuarter Ended June 30, 2026Quarter Ended June 30, 2025
Contract research and development299,322196,074
Total revenue, net11,034,0576,104,644
Cost of sales2,066,0451,182,523
Gross profit8,968,0124,922,121
Expenses
Research and development946,582720,231
Selling, general, and administrative755,594418,640
Total expenses1,702,1761,138,871

Item 1. Financial Statements.

FAQ

What is NVE Corporation's gross profit?
NVE Corporation (NVEC) reported gross profit of $8.97M in Q2 2026.
How has NVE Corporation's gross profit changed year-over-year?
NVE Corporation's gross profit increased by 82.2% year-over-year, from $4.92M to $8.97M.
What is the long-term trend for NVE Corporation's gross profit?
Over 4 years (2022 to 2026), NVE Corporation's gross profit has grown at a 0.0% compound annual growth rate (CAGR), from $20.72M to $20.73M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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