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NVE Corporation NVEC Accumulated Depreciation

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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×
Current ratio28.2×-0.2×

Where this comes from

Reported directly by NVE Corporation in its filing.

Tagged under the XBRL concept us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

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 accumulated depreciation?
NVE Corporation (NVEC) reported accumulated depreciation of $12.19M in Q1 2026.
How has NVE Corporation's accumulated depreciation changed year-over-year?
NVE Corporation's accumulated depreciation increased by 3.9% year-over-year, from $11.73M to $12.19M.
What is the long-term trend for NVE Corporation's accumulated depreciation?
Over 5 years (2021 to 2026), NVE Corporation's accumulated depreciation has grown at a 2.6% compound annual growth rate (CAGR), from $10.73M to $12.19M.
What does accumulated depreciation mean?
Total accumulated depreciation on property, plant, and equipment since acquisition — represents the consumed portion of asset useful lives.