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NVE Corporation NVEC Leasehold improvements

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NVE Corporation logo
NVE CorporationNVEC
$2.06M+5.3%

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:LeaseholdImprovementsGross.

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 leasehold improvements?
NVE Corporation (NVEC) reported leasehold improvements of $2.06M in Q1 2026.
How has NVE Corporation's leasehold improvements changed year-over-year?
NVE Corporation's leasehold improvements increased by 5.3% year-over-year, from $1.96M to $2.06M.
What is the long-term trend for NVE Corporation's leasehold improvements?
Over 5 years (2021 to 2026), NVE Corporation's leasehold improvements has grown at a 2.6% compound annual growth rate (CAGR), from $1.81M to $2.06M.
What does leasehold improvements mean?
Represents the capitalized costs of alterations, upgrades, or improvements made to leased office, manufacturing, or laboratory facilities. These assets are amortized over the shorter of the lease term or the useful life of the improvement, reflecting the company's investment in its physical operating environment.