NVE CORP /NEW/ reported fiscal year ended March 31, 2026 results: revenue For fiscal 2026, total revenue increased 1.8% to $26.3 million, net income Net income for fiscal 2026 increased 1% to $15.2 million, or $3.14 per diluted share, EPS $3.14 per diluted share.
“For fiscal 2026, total revenue increased 1.8% to $26.3 million, compared to $25.9 million in the prior year. The increase was due to a 2.4% increase in product sales, partially offset by an 11% decrease in contract research and development revenue. Net income for fiscal 2026 increased 1% to $15.2 million, or $3.14 per diluted share, from $15.1 million, or $3.11 per share, for fiscal 2025.”
Earnings Releases
NVE CORP /NEW/ reported quarter and fiscal year ended March 31, 2026 results: revenue Total revenue for the fourth quarter of fiscal 2026 increased 5% to $7.65 million, net income Net income for the fourth quarter of fiscal 2026 increased 27% to $4.93 million, or $1.02 per diluted share, EPS $1.02 per diluted share.
“NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and fiscal year ended March 31, 2026. Total revenue for the fourth quarter of fiscal 2026 increased 5% to $7.65 million from $7.27 million for the prior-year quarter. The increase was due to a 6% increase in product sales, partially offset by a 19% decrease in contract research and development revenue. Net income for the fourth quarter of fiscal 2026 increased 27% to $4.93 million, or $1.02 per diluted share, compared to $3.89 million, or $0.80 per share, for the prior-year quarter.”
Kelly Wei was elected as Director at NVE CORP /NEW/.
“the NVE Board of Directors elected Kelly Wei, Ph.D. to join the Board effective May 13, 2024.”
Richard W. Kramp departed as Director at NVE CORP /NEW/.
“Director Richard W. Kramp passed away on May 2, 2024.”
Earnings Releases
NVE CORP /NEW/ reported the quarter and fiscal year ended March 31, 2024 results: revenue $7.08 million, net income $3.81 million, or $0.79 per diluted share, EPS $0.79 per diluted share.
“NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and fiscal year ended March 31, 2024. Total revenue for the fourth quarter of fiscal 2024 decreased 45% to $7.08 million from $12.8 million for the prior-year quarter.”
Earnings Releases
NVE CORP /NEW/ reported quarter ended December 31, 2023 results: revenue $6.76 million, net income $4.18 million, EPS $0.87 per diluted share.
“(Nasdaq: NVEC) announced today financial results for the quarter and nine months ended December 31, 2023. Total revenue for the third quarter of fiscal 2024 decreased 9% to $6.76 million from $7.40 million for the prior-year quarter. The decrease was due to a 12% decrease in product sales, partially offset by a 94% increase in contract research and development”
Material Agreements
NVE CORP /NEW/ amended Amendment No. 10 to Supplier Partnering Agreement with Pacesetter, Inc. (effective 2023-12-07).
“On January 2, 2024, we received a fully-executed Amendment No. 10 to the Supplier Partnering Agreement, which extends the Agreement term through December 31, 2024 and increases pricing for 2024.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.