In fiscal 2026, which ended Mar 31, 2026, Nve Corporation reported revenue of $1.1 million, down 10.7% from the year before. Net income was $15.2 million, a profit margin of 1370.2%. Operating income came to $15.9 million, an operating margin of 1435.2%. Diluted earnings per share were $3.14. Over the twelve months ended Sep 30, 2026, revenue was $5.5 million and net income was $17.9 million. Across the 10 fiscal years shown, revenue shrank from $28.3 million in fiscal 2017 to $1.1 million in fiscal 2026, about 30.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Sep 30, 2026
|
FY 2026
Mar 31, 2026
|
FY 2025
Mar 31, 2025
|
FY 2024
Mar 31, 2024
|
FY 2023
Mar 31, 2023
|
FY 2022
Mar 31, 2022
|
FY 2021
Mar 31, 2021
|
FY 2020
Mar 31, 2020
|
FY 2019
Mar 31, 2019
|
FY 2018
Mar 31, 2018
|
FY 2017
Mar 31, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6
-57.1%
|
1
-10.7%
|
1
+112.0%
|
1
-44.5%
|
1
-5.6%
|
1
-94.8%
|
21
-15.9%
|
25
-4.0%
|
26
-11.4%
|
30
+5.4%
|
28
+2.2%
|
| Cost of revenue |
6
+30.8%
|
6
+32.2%
|
4
-37.5%
|
7
-16.0%
|
8
+28.7%
|
6
+52.0%
|
4
-15.7%
|
5
-6.3%
|
5
-16.9%
|
6
+3.2%
|
6
-8.1%
|
| Gross profit |
24
+22.4%
|
21
-4.2%
|
22
-6.0%
|
23
-23.7%
|
30
+45.7%
|
21
+20.2%
|
17
-16.0%
|
21
-3.5%
|
21
-9.9%
|
24
+6.0%
|
22
+5.4%
|
| Research and development |
3
-7.5%
|
3
-13.1%
|
4
+33.1%
|
3
+5.7%
|
3
-11.7%
|
3
-8.1%
|
3
-13.7%
|
4
-10.2%
|
4
+10.9%
|
4
+10.7%
|
3
+9.2%
|
| Selling, general and administrative |
—
|
—
|
—
|
—
|
—
|
1
+11.6%
|
1
-0.1%
|
1
+7.6%
|
1
-14.7%
|
1
-1.6%
|
1
-16.8%
|
| Operating income |
19
+29.4%
|
16
-0.5%
|
16
-13.6%
|
19
-27.8%
|
26
+57.0%
|
16
+28.1%
|
13
-17.9%
|
16
-2.6%
|
16
-13.7%
|
18
+5.8%
|
17
+7.1%
|
| Interest income |
2
-5.1%
|
2
-0.9%
|
2
-2.0%
|
2
+34.5%
|
1
+23.7%
|
1
-21.8%
|
1
-16.2%
|
2
+0.1%
|
2
+14.6%
|
2
-5.6%
|
2
-12.7%
|
| Pretax income |
21
+24.3%
|
18
-1.2%
|
18
-11.9%
|
20
-24.5%
|
27
+54.8%
|
17
+22.9%
|
14
-17.7%
|
17
-2.3%
|
18
-11.5%
|
20
+4.8%
|
19
+5.1%
|
| Income tax |
3
+0.3%
|
3
-12.0%
|
3
-11.0%
|
3
-24.0%
|
4
+47.0%
|
3
+17.5%
|
3
-8.2%
|
3
-13.3%
|
3
-47.5%
|
6
-0.8%
|
6
+4.5%
|
| Net income |
18
+29.3%
|
15
+0.9%
|
15
-12.0%
|
17
-24.5%
|
23
+56.4%
|
15
+24.1%
|
12
-19.5%
|
15
+0.1%
|
15
+4.3%
|
14
+7.4%
|
13
+5.3%
|
| Basic EPS |
3.70
+29.3%
|
3.14
+0.6%
|
3.12
-11.9%
|
3.54
-24.7%
|
4.70
+56.7%
|
3.00
+24.0%
|
2.42
-19.3%
|
3.00
+0.0%
|
3.00
+4.5%
|
2.87
+7.1%
|
2.68
+5.9%
|
| Diluted EPS |
3.69
+29.2%
|
3.14
+1.0%
|
3.11
-12.1%
|
3.54
-24.7%
|
4.70
+56.7%
|
3.00
+24.0%
|
2.42
-19.3%
|
3.00
+0.3%
|
2.99
+4.2%
|
2.87
+7.1%
|
2.68
+5.9%
|
| Weighted average shares, basic |
5
+0.0%
|
5
+0.0%
|
5
+0.0%
|
5
+0.0%
|
5
-0.1%
|
5
-0.0%
|
5
-0.2%
|
5
+0.0%
|
5
+0.1%
|
5
+0.1%
|
5
-0.3%
|
| Weighted average shares, diluted |
5
+0.1%
|
5
+0.0%
|
5
-0.0%
|
5
+0.2%
|
5
-0.1%
|
5
+0.0%
|
5
-0.3%
|
5
-0.1%
|
5
+0.1%
|
5
+0.2%
|
5
-0.3%
|
| Other measures | |||||||||||
| Depreciation and amortization |
—
|
0
+41.9%
|
0
+5.2%
|
0
+56.6%
|
0
-53.7%
|
0
-21.7%
|
1
-1.3%
|
1
-22.0%
|
1
-28.0%
|
1
-14.6%
|
1
+34.8%
|
| EBITDA |
—
|
16
+0.4%
|
16
-13.3%
|
19
-27.1%
|
26
+54.2%
|
17
+26.1%
|
13
-17.3%
|
16
-3.4%
|
17
-14.4%
|
19
+4.5%
|
19
+8.5%
|
| Margins | |||||||||||
| Gross margin |
441.03%
|
1,868.91%
|
1,741.43%
|
3,929.54%
|
2,856.66%
|
1,851.47%
|
80.71%
|
80.76%
|
80.30%
|
78.99%
|
78.54%
|
| Operating margin |
342.92%
|
1,435.18%
|
1,287.16%
|
3,159.59%
|
2,426.42%
|
1,458.80%
|
59.64%
|
61.05%
|
60.16%
|
61.78%
|
61.59%
|
| Pretax margin |
376.11%
|
1,606.09%
|
1,451.70%
|
3,492.07%
|
2,563.49%
|
1,563.43%
|
66.66%
|
68.09%
|
66.90%
|
67.00%
|
67.41%
|
| Profit margin |
323.53%
|
1,370.16%
|
1,212.35%
|
2,921.73%
|
2,147.32%
|
1,296.10%
|
54.73%
|
57.16%
|
54.80%
|
46.59%
|
45.71%
|
| EBITDA margin |
—
|
1,476.65%
|
1,313.25%
|
3,212.16%
|
2,445.03%
|
1,496.77%
|
62.18%
|
63.22%
|
62.82%
|
65.06%
|
65.64%
|
| Effective tax rate |
13.98%
|
14.69%
|
16.49%
|
16.33%
|
16.23%
|
17.10%
|
17.89%
|
16.04%
|
18.08%
|
30.47%
|
32.19%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- NVEC (Nasdaq)
- Fiscal year ends
- March 31
- Incorporated in
- MN
- Headquarters
- Eden Prairie, MN
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 724910
- Former names
- PREMIS CORP (until Aug 14, 2000)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.