Highest-materiality recent filing
NVE CEO Baker retires; Eames named president and CEO at annual meeting
Daniel A. Baker retired as president/CEO effective Aug 6, 2026; reelected to board and elected chairman.
NVE Corp Q1 revenue up 81% to $11.0M, EPS $1.32 vs $0.74, declares $1.00 dividend
Revenue $11.0M (+81% YoY); product sales +82%, contract R&D +53%.
NVE CEO Daniel Baker to retire Aug 6, 2026; Peter Eames named successor; board expands to 7
CEO Daniel Baker retires effective Aug 6, 2026; will remain Chairman if shareholders approve.
NVE Q4 revenue up 5% to $7.65M, EPS $1.02; declares $1.00 dividend
Q4 revenue $7.65M (+5% YoY); product sales up 6%, contract R&D down 19%.
NVE reports Q3 revenue up 23% to $6.22M, EPS $0.70 (+11% YoY); declares $1.00 dividend
Q3 total revenue $6.22M, up 23% from $5.06M; product sales +16%, contract R&D +335%.
NVE extends Abbott supply agreement through 2027 with pricing increases for 2026-2027
Amendment No. 12 to Supplier Partnering Agreement with Pacesetter (Abbott) executed Dec 12, 2025.
NVE Q2 revenue down 6% to $6.35M; EPS $0.68 vs $0.83; declares $1.00 dividend
Total revenue $6.35M, down 6% YoY; product sales +1%, contract R&D -68%.
NVE Q1 revenue down 10% to $6.10M; EPS $0.74 vs $0.85; declares $1.00 dividend
Revenue $6.10M (down 10% YoY), net income $3.58M (down 13%); diluted EPS $0.74.
NVE Q3 revenue down 25% to $5.06M, net income falls 27% to $0.63 EPS; $1.00 dividend declared
Q3 total revenue $5.06M, down 25% YoY; product sales fell 22% and contract R&D revenue dropped 74%.
NVE reports Q1 revenue down 23% to $6.78M, EPS $0.85 vs $0.91 prior year
Total revenue $6.78M, down 23% YoY; product sales fell 24%, contract R&D up 28%.
NVE Q4 revenue $7.08M (-45%), EPS $0.79; FY revenue $29.8M (-22%); declares $1.00 dividend
Q4 revenue $7.08M (-45% YoY); net income $3.81M ($0.79 EPS) down 54%.
NVE Q2 revenue falls 33% to $7.13M; EPS drops to $0.98 from $1.26; $1.00 dividend declared
Total revenue for Q2 FY2024 was $7.13M, down 33% from $10.7M YoY; product sales down 32%, contract R&D down 92%.
NVE Q1 revenue up 20% to $8.83M, net income up 6%, declares $1.00 dividend
Total revenue $8.83M for June quarter, up 20% YoY; product sales up 23%.
NVE Corp Q4 rev +91% to $12.8M, EPS $1.70; FY net income record $22.7M; declares $1.00 dividend
Q4 total revenue $12.8M, up 91% YoY; net income $8.23M ($1.70 diluted EPS), up 116%.
NVE Q3 rev $7.4M (+18% YoY), EPS $0.88 (+22%); declares $1.00/share dividend
Q3 total revenue increased 18% to $7.40M; product sales up 22% YoY.
NVE reports Q2 revenue up 57% to $10.7M, EPS $1.26 vs $0.75
Total revenue for Q2 FY2023 increased 57% to $10.7M from $6.82M.
NVE Q1 FY2023 revenue up 3% to $7.34M; net income +16% to $0.86 diluted EPS
Revenue $7.34M (+3% YoY); net income $4.14M ($0.86 EPS) vs $3.58M ($0.74 EPS) in prior-year quarter.
NVE Q4 revenue up 15% to $6.72M; EPS $0.79 vs $0.65 YoY; declares $1.00 dividend
Q4 total revenue $6.72M (+15% YoY); product sales +12%, contract R&D +104%.
NVE Q3 revenue down 4% to $6.29M; EPS $0.72 vs $0.81; declares $1.00 dividend
Q3 total revenue $6.29M, down 4% YoY; product sales down 7%, contract R&D up 86%.
NVE Corporate Controller and PFO Jon Larson resigns effective Jan 3; CEO Baker interim
Jon J. Larson resigned as Corporate Controller and Principal Financial Officer, effective January 3, 2022.
NVE reports Q2 revenue up 56% to $6.82M; EPS $0.75 vs $0.46; declares $1.00 dividend
Q2 total revenue $6.82M (+56% YoY); net income $3.65M (+64%); diluted EPS $0.75 vs $0.46.
NVE reports Q1 revenue $7.15M (+56%), EPS $0.74; CFO to retire; $1 dividend
Total revenue $7.15M, up 56% YoY; product sales up 60% to $6.95M.
On June 22, 2026, NVE Corporation (the “Company”) announced that Daniel A. Baker, Ph.D., age 68, will retire as President and Chief Executive Officer effective at the Company’s Annual Shareholders’ meeting on August 6, 2026.
Current Chairman Terence W. Glarner, age 83, was nominated to remain on the Board.
The Board of Directors appointed Peter G. Eames, age 50, currently serving as Vice President of Advanced Technology, as President and Chief Executive Officer effective at that time.
Additionally, the Board nominated Caroyln W. Valentine to its Board of Directors.
the NVE Board of Directors elected Kelly Wei, Ph.D. to join the Board effective May 13, 2024.
Director Richard W. Kramp passed away on May 2, 2024.
Daniel Nelson has been appointed Accounting Manager and Principal Financial Officer.
Effective May 5, 2023, Joseph R. Schmitz resigned as Chief Financial Officer
On January 17, 2022, our Board of Directors appointed Joseph R. Schmitz as our Chief Financial Officer effective January 20, 2022.
President and Chief Executive Officer Daniel A. Baker has been appointed interim Principal Financial Officer.
Jon J. Larson resigned as NVE’s Corporate Controller and Principal Financial Officer effective January 3, 2022 .
Effective with Mr. Reynder’s retirement, our Board of Directors appointed our Corporate Controller, Jon J. Larson, as our Principal Financial Officer effective October 1, 2021.
Max materiality 0.90 · Median 0.60 · Most common event earnings