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.
Previous close
$100.51
+$2.89 · +2.96%
Pre-market
$97.01
−$3.50 · -3.48%
Sep 14, 7:05 AM ET
Regular session · ET · Market data may be delayed.
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.
Day range
Current $100.51
52-week range
Current $100.51
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
78
Undervalued
Sentiment
64
Bullish
Risk
56
Elevated Risk
Momentum
58
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
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.
Day range
Current $100.51
52-week range
Current $100.51
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 26.33M USD | 25.87M USD | 29.8M USD | 38.25M USD | 26.99M USD |
| Cost of goods sold | 5.6M USD | 4.24M USD | 6.77M USD | 8.06M USD | 6.26M USD |
| Gross profit | 20.73M USD | 21.64M USD | 23.03M USD | 30.19M USD | 20.72M USD |
| Research and development | 1.11M USD | 3.64M USD | 2.73M USD | 2.58M USD | 2.93M USD |
| Selling, general, and administrative | 1.65M USD | 2.01M USD | 1.78M USD | 1.96M USD | 1.47M USD |
| Operating expenses | 4.81M USD | 5.64M USD | 4.51M USD | 4.55M USD | 4.4M USD |
| Interest income | 1.89M USD | 1.91M USD | 1.95M USD | 1.45M USD | 1.17M USD |
| Depreciation and amortization | 460.03K USD | 324.23K USD | 308.15K USD | 196.74K USD | 424.98K USD |
| Operating income | 15.92M USD | 15.99M USD | 18.52M USD | 25.64M USD | 16.33M USD |
| Net income | 15.2M USD | 15.06M USD | 17.12M USD | 22.69M USD | 14.51M USD |
Company facts updated Sep 14, 2026.
Recent quarterly results
Recent quarterly results
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Nov 22, 2002 | 1:5 | — | — |
Stock split | Dec 6, 2000 | 1:5 | — | — |
Effective Nov 22, 2002
1:5
Effective Dec 6, 2000
1:5
Funds reporting this stock among their holdings, ordered by reported position size.
Defiance Quantum ETFQTUM63.09M1.14%5.52B USD0.40%$147.41+1.24%
Vanguard Morningstar Total Stock Market ETFVTI17.92M0.00%2.3T USD0.03%$376.31+0.82%
Vanguard Information Technology ETFVGT14.19M0.01%160.2B USD0.09%$121.07+1.20%
State Street SPDR S&P Kensho New Economies Composite ETFKOMP13.2M0.51%2.61B USD0.20%$66.575+1.05%
State Street SPDR S&P Semiconductor ETFXSD12.77M0.48%2.65B USD0.35%$505.57+3.08%
iShares Russell 2000 ETFIWM12.34M0.02%78.38B USD0.19%$288.89+0.41%
Vanguard Extended Market ETFVXF6.49M0.01%93.7B USD0.05%$237.76+0.68%
iShares Russell 2000 Growth ETFIWO4.5M0.03%14.39B USD0.24%$367.63+0.54%
Defiance Quantum ETFQTUM
Vanguard Morningstar Total Stock Market ETFVTI
Vanguard Information Technology ETFVGT
State Street SPDR S&P Kensho New Economies Composite ETFKOMP
State Street SPDR S&P Semiconductor ETFXSD
iShares Russell 2000 ETFIWM
Vanguard Extended Market ETFVXF
iShares Russell 2000 Growth ETFIWOAI-generated and delayed market data for informational and educational purposes only. Not investment advice.