For Q1 FY2027 ended June 30, 2026, NVE Corp reported revenue of $11.0 million, up 80.7% year-over-year. Net income was $6.4 million, up 78.8%, with diluted EPS of $1.32. Operating income rose 92.1% to $7.3 million. The company had $2.9 million in cash and $59.8 million in equity, with no long-term debt.
•Revenue surged 80.7% YoY to $11.0 million.
•Net income increased 78.8% to $6.4 million; diluted EPS $1.32.
•Operating income grew 92.1% to $7.3 million.
•Cash $2.9 million, equity $59.8 million, no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
NVE develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market
Custom and medical sensors for medical devices to replace electromechanical magnetic switches, as well as spintronic couplers for power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets
DC-to-DC converters for use in energy conversion systems and industrial networks for IIoT and AIoT. Additionally, it undertakes contracts for R&D and licenses spintronic magnetoresistive random access memory technology. Distribution is handled through distributors. Founded in 1989, NVE is headquartered in Eden Prairie, Minnesota.
What does NVE Corporation (NVEC) do and what are its main products?
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information. The company manufactures spintronic products, including sensors and couplers for sensing and transmitting data. Its standard sensors detect magnetic or metallic materials to determine position, rotation, or speed, primarily for the factory automation market. NVE also produces custom and medical sensors that replace electromechanical magnetic switches in medical devices. Additionally, it offers spintronic couplers for power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets, as well as DC-to-DC converters for energy conversion systems and industrial networks.
On which stock exchange is NVE Corporation (NVEC) listed and in what currency?
NVE Corporation is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol NVEC. Its securities are traded in United States Dollars (USD). The company is headquartered in the United States, and its stock is accessible to investors through this major US exchange.
What sector and industry does NVE Corporation (NVEC) operate in?
NVE Corporation operates in the Technology sector, specifically within the Semiconductors industry. The company focuses on spintronics, a nanotechnology that leverages electron spin for data acquisition, storage, and transmission. Its semiconductor-like products include sensors, couplers, and converters used in factory automation, medical devices, power conversion, and industrial IoT applications.
Where is NVE Corporation (NVEC) headquartered and what markets does it serve?
NVE Corporation is headquartered in Eden Prairie, Minnesota, United States. The company primarily serves the United States market, distributing its spintronic products through distributors. Its products are used in factory automation, medical devices, power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets.
How does NVE Corporation (NVEC) generate revenue?
NVE Corporation generates revenue through the sale of spintronic products, including sensors, couplers, and DC-to-DC converters. It also undertakes contracts for research and development and licenses its spintronic magnetoresistive random access memory (MRAM) technology. The company distributes its products through distributors, serving markets such as factory automation, medical devices, power conversion, IIoT, and AIoT.