---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-25-000100"
form_type: "8-K"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T21:27:45.358097+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NVE Q3 revenue down 25% to $5.06M, net income falls 27% to $0.63 EPS; $1.00 dividend declared

## Summary
- Q3 total revenue $5.06M, down 25% YoY; product sales fell 22% and contract R&D revenue dropped 74%.
- Q3 net income $3.05M ($0.63 diluted EPS), vs $4.18M ($0.87 EPS) a year ago.
- First nine months revenue $18.6M (-18% YoY); net income $11.2M ($2.31 EPS), down 16%.
- Board approved $1.00 per share quarterly dividend, payable Feb 28, 2025 to holders of record Feb 3, 2025.
- CEO Dan Baker cited challenging industry conditions for the sales decline.

## SEC filing metadata
- accession: 0001376474-25-000100
- form_type: 8-K
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000137647425000100/0001376474-25-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000137647425000100/nvec-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-25-000100
- JSON: https://secwatch.observer/filing/0001376474-25-000100.json
- Plain text: https://secwatch.observer/filing/0001376474-25-000100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.