What is NVE Corporation's state taxes?

NVE Corporation (NVEC) reported state taxes of $34.9K in Q1 2026.

How has NVE Corporation's state taxes changed year-over-year?

NVE Corporation's state taxes increased by 58.9% year-over-year, from $21.97K to $34.9K.

What does state taxes mean?

This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.

NVE Corporation NVEC State taxes

State taxes at other companies

Mistras GroupMG

$384.75K+42.9%

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:IncomeTaxPaidStateAndLocalAfterRefundReceived.

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 state taxes?: NVE Corporation (NVEC) reported state taxes of $34.9K in Q1 2026.
How has NVE Corporation's state taxes changed year-over-year?: NVE Corporation's state taxes increased by 58.9% year-over-year, from $21.97K to $34.9K.
What does state taxes mean?: This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.