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NVE Corporation

NVEC

NASDAQTechnologySemiconductors

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Regular session

$108.52

−$1.37 · -1.25%

Aug 24, 12:48 PM ET

NVEC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

78

Undervalued

Momentum

58

Neutral

Sentiment

64

Bullish

Risk resilience

44

Elevated Risk

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Company profile

Company website

NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market. In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches. Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Peter G. Eames
Listed since
May 23, 1995
Employees
41

Market position

Day range

Current $108.52

52-week range

Current $108.52

Open
$109.43
Previous close
$109.89
Volume
72.54K
0.36× average
Average volume
204.14K
Average daily volume
Market cap
524.93M USD
Beta
1.34
Market reference 1
50-day average
$107.02
+1.40% above average
200-day average
$81.68
+32.86% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
316.03M USD
EV / EBITDA
17.29×
Earnings yield
4.80%
Free cash flow yield
4.57%

Profitability & efficiency

Return on equity
26.09%
Return on assets
24.97%
Return on invested capital
22.68%

Financial health

Current ratio
28.21×
Altman Z-score
139.63
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends87%75%63%51%Gross margin, FY2022: 76.79%Gross margin, FY2023: 78.92%Gross margin, FY2024: 77.28%Gross margin, FY2025: 83.63%Gross margin, FY2026: 78.73%Operating margin, FY2022: 60.51%Operating margin, FY2023: 67.04%Operating margin, FY2024: 62.14%Operating margin, FY2025: 61.81%Operating margin, FY2026: 60.46%Net margin, FY2022: 53.76%Net margin, FY2023: 59.33%Net margin, FY2024: 57.46%Net margin, FY2025: 58.22%Net margin, FY2026: 57.72%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 76.79%. Gross margin FY2023 78.92%. Gross margin FY2024 77.28%. Gross margin FY2025 83.63%. Gross margin FY2026 78.73%. Operating margin FY2022 60.51%. Operating margin FY2023 67.04%. Operating margin FY2024 62.14%. Operating margin FY2025 61.81%. Operating margin FY2026 60.46%. Net margin FY2022 53.76%. Net margin FY2023 59.33%. Net margin FY2024 57.46%. Net margin FY2025 58.22%. Net margin FY2026 57.72%.

Income trends

Revenue

26.33M USD+1.76%

Operating income

15.92M USD-0.46%

Net income

15.2M USD+0.89%
Income trends across reported periods40.63M USD31.13M USD21.63M USD12.13M USDRevenue, FY2022: 26.99M USDRevenue, FY2023: 38.25M USDRevenue, FY2024: 29.8M USDRevenue, FY2025: 25.87M USDRevenue, FY2026: 26.33M USDOperating income, FY2022: 16.33M USDOperating income, FY2023: 25.64M USDOperating income, FY2024: 18.52M USDOperating income, FY2025: 15.99M USDOperating income, FY2026: 15.92M USDNet income, FY2022: 14.51M USDNet income, FY2023: 22.69M USDNet income, FY2024: 17.12M USDNet income, FY2025: 15.06M USDNet income, FY2026: 15.2M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 26.99M USD. Revenue FY2023 38.25M USD. Revenue FY2024 29.8M USD. Revenue FY2025 25.87M USD. Revenue FY2026 26.33M USD. Operating income FY2022 16.33M USD. Operating income FY2023 25.64M USD. Operating income FY2024 18.52M USD. Operating income FY2025 15.99M USD. Operating income FY2026 15.92M USD. Net income FY2022 14.51M USD. Net income FY2023 22.69M USD. Net income FY2024 17.12M USD. Net income FY2025 15.06M USD. Net income FY2026 15.2M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue26.33M USD25.87M USD29.8M USD38.25M USD26.99M USD
Cost of goods sold5.6M USD4.24M USD6.77M USD8.06M USD6.26M USD
Gross profit20.73M USD21.64M USD23.03M USD30.19M USD20.72M USD
Research and development1.11M USD3.64M USD2.73M USD2.58M USD2.93M USD
Selling, general, and administrative1.65M USD2.01M USD1.78M USD1.96M USD1.47M USD
Operating expenses4.81M USD5.64M USD4.51M USD4.55M USD4.4M USD
Interest income1.89M USD1.91M USD1.95M USD1.45M USD1.17M USD
Depreciation and amortization460.03K USD324.23K USD308.15K USD196.74K USD424.98K USD
Operating income15.92M USD15.99M USD18.52M USD25.64M USD16.33M USD
Net income15.2M USD15.06M USD17.12M USD22.69M USD14.51M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.32

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.381.110.840.57Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 23, 2024: actual 0.83, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 22, 2025: actual 0.63, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 7, 2025: actual 0.8, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 23, 2025: actual 0.74, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 22, 2025: actual 0.68, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 21, 2026: actual 0.7, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 6, 2026: actual 1.02, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 22, 2026: actual 1.32, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates11.51M9.2M6.89M4.59MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 23, 2024: actual 6.76M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 22, 2025: actual 5.06M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 7, 2025: actual 7.27M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 23, 2025: actual 6.1M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 22, 2025: actual 6.35M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 21, 2026: actual 6.22M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 6, 2026: actual 7.65M USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 22, 2026: actual 11.03M USD, estimate —, surprise —, Comparison unavailable.

NVEC news

gurufocus.com

NVE Corp (NVEC) Shares Surge 4.8% -- What GF Score of 68 Tells Investors

On August 12, 2026, NVE Corp (NVEC) shares rose 4.8% to a current price of $122.21. This move comes amidst a 52-week range of $57.21 to $135.00, reflecting sign

Read source
benzinga.com

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Read source
zacks.com

NVE Corp Q1 Earnings Surge Y/Y on Strong Sales & New Products

NVEC's Q1 results reflect strong revenue growth, higher earnings, and momentum from new products, robotics and AIoT opportunities.

Read source
seekingalpha.com

NVE Corporation: I Missed The Breakout, And I'm Still Waiting

NVE Corporation has experienced a notable turnaround, with Q1 2027 earnings signaling strong operational momentum. Previous concerns over revenue declines and shrinking profitability have been alleviated by recent…

Read source
seekingalpha.com

NVE Corporation (NVEC) Q1 2027 Earnings Call Transcript

NVE Corporation (NVEC) Q1 2027 Earnings Call Transcript

Read source
marketbeat.com

NVE Q1 Earnings Call Highlights

NVE NASDAQ: NVEC reported a sharp increase in revenue and earnings for the quarter ended June 30, 2026, with management citing higher product sales, new products and a stronger semiconductor market as key drivers.

Read source

Corporate actions

Corporate action history

Stock split

Effective Nov 22, 2002

1:5

Stock split

Effective Dec 6, 2000

1:5

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ETFs holding NVEC

Funds reporting this stock among their holdings, ordered by reported position size.

Defiance Quantum ETF logoDefiance Quantum ETFQTUM
Market value
68.98M
Weight
1.22%
AUM
5.63B USD
Expense ratio
0.40%
Price / 1D
$147.37-2.06%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
17.92M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.39-0.22%
State Street SPDR S&P Kensho New Economies Composite ETF logoState Street SPDR S&P Kensho New Economies Composite ETFKOMP
Market value
14.7M
Weight
0.54%
AUM
2.71B USD
Expense ratio
0.20%
Price / 1D
$67.9897-1.81%
State Street SPDR S&P Semiconductor ETF logoState Street SPDR S&P Semiconductor ETFXSD
Market value
14.26M
Weight
0.53%
AUM
2.67B USD
Expense ratio
0.35%
Price / 1D
$481.51-3.36%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
14.19M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$116.87-1.31%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
13.86M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.14-0.61%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
6.49M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.47-0.84%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
5.06M
Weight
0.03%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.62-0.97%

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