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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NVEC›Financials
Annual statements · SEC XBRL · FY2017 – FY2026

NVE CORP /NEW/ (NVEC) financials

Income statement

NVE CORP /NEW/ (NVEC) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$28.3M$29.9M$26.5M$25.4M$21.4M$27.0M$38.3M$29.8M$25.9M$26.3M
Revenue growth—5.4%-11.4%-4.0%-15.9%26.3%41.7%-22.1%-13.2%1.8%
Gross profit$22.2M$23.6M$21.3M$20.5M$17.2M$20.7M$30.2M$23.0M$21.6M$20.7M
Gross margin78.5%79.0%80.3%80.8%80.7%76.8%78.9%77.3%83.6%78.7%
Operating income$17.4M$18.5M$15.9M$15.5M$12.7M$16.3M$25.6M$18.5M$16.0M$15.9M
Operating margin61.6%61.8%60.2%61.1%59.6%60.5%67.0%62.1%61.8%60.5%
Net income$12.9M$13.9M$14.5M$14.5M$11.7M$14.5M$22.7M$17.1M$15.1M$15.2M
Net margin45.7%46.6%54.8%57.2%54.7%53.8%59.3%57.5%58.2%57.7%
EPS (diluted)$2.68$2.87$2.99$3.00$2.42$3.00$4.70$3.54$3.11$3.14

Cash flow

NVE CORP /NEW/ (NVEC) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow$12.4M$15.2M$14.2M$15.9M$13.4M$12.5M$19.1M$18.2M$14.3M$16.7M
Capital expenditures$520K$605K$68.3K$52.0K$62.7K$485K$936K$16.7K$1.26M$2.19M
Free cash flow$11.9M$14.5M$14.2M$15.8M$13.3M$12.0M$18.2M$18.2M$13.1M$14.5M
Share buybacks———$687K$91.4K$164K$20.7K$0.00——
Dividends paid$19.3M$19.4M$19.4M$19.4M$19.3M$19.3M$19.3M$19.3M$19.3M$19.3M

Balance sheet

NVE CORP /NEW/ (NVEC) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$8.20M$4.76M$6.88M$8.07M$10.4M$10.4M$1.67M$10.3M$8.04M$1.71M
Total assets$93.8M$87.4M$83.6M$79.5M$72.5M$67.5M$69.3M$66.8M$64.3M$60.4M
Total liabilities——$836K$1.50M$1.61M$2.90M$2.18M$1.21M$2.01M$2.13M
Shareholders' equity$92.7M$86.4M$82.8M$78.0M$70.9M$64.6M$67.1M$65.6M$62.3M$58.2M
Retained earnings$73.2M$67.7M$62.9M$58.0M$50.4M$45.6M$48.9M$46.7M$42.5M$38.3M
Shares (wtd avg diluted)4.84M4.85M4.85M4.85M4.83M4.84M4.83M4.84M4.84M4.84M

Every figure is extracted from NVE CORP /NEW/’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NVE CORP /NEW/'s annual revenue?
NVE CORP /NEW/ (NVEC) reported $26.3M of revenue for fiscal year 2026 — up 1.8% from $25.9M in FY2025, per its annual report filed with the SEC.
Is NVE CORP /NEW/ profitable?
Yes — NVEC earned $15.2M of net income in FY2026, a 57.7% net margin, per SEC filings.
What is NVE CORP /NEW/'s free cash flow?
$14.5M in FY2026 (operating cash flow $16.7M minus $2.19M of capital expenditures), from the SEC cash-flow statement.
Does NVEC pay a dividend?
Yes — NVE CORP /NEW/ paid $19.3M in cash dividends during FY2026, per its SEC cash-flow statement.
Full NVEC analysis — verdict, score & filings →Is NVEC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.