NVEC

NVE Corporation has reported past full-year results to March 31, 2026, with revenue of US$26.33 million and net income of US$15.2 million, and affirmed a quarterly dividend of US$1.0000 per share payable on May 29, 2026. The combination of steady earnings per share of US$3.14 and a sustained cash dividend underlines NVE’s focus on consistent shareholder returns. We’ll now examine how NVE’s steady full-year earnings and maintained quarterly dividend shape the company’s broader investment narrative. Outshine the giants: these 16 early-stage AI stocks could fund your retirement. To own NVE, you really need to buy into the idea of a mature, cash-generative niche semiconductor business where stability matters more than rapid expansion. The latest full-year numbers reinforce that picture: revenue and earnings edged up only slightly, but the board still signed off on another US$1.00 quarterly dividend, extending a long pattern of unchanged payouts. That mix of modest growth and firm capital returns tends to keep the near term story focused on two things: how durable current demand is for NVE’s products and how comfortably ongoing dividends are covered. Given the incremental nature of this result, it probably does not reset the main catalysts or risks, but it does keep questions around dividend sustainability and valuation front and center for the next leg of the share price move. However, there is an important question around how comfortably that dividend is covered by cash flows that investors should be aware of. NVE's share price has been on the slide but might be dropping deeper into value territory. Find out whether it's a bargain at this price. Investors in the Simply Wall St Community have one fair value estimate at US$38.33 per share, far below recent trading levels. Set against NVE’s steady but modest earnings progression and rich recent share price gains, that gap underlines why it helps to review several viewpoints before deciding how the current risk reward balance looks. Explore another fair value estimate on NVE - why the stock might be worth as much as $38.33! Disagree with this assessment? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your NVE research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Our fre...

Shares of NVE Corporation NVEC have gained 8.1% since reporting results for the fourth quarter of fiscal 2026. This compares with the S&P 500 index’s 2% return over the same time frame. Over the past month, the stock has gained 19.9% against the S&P 500’s 7.1% advance. In terms of performance metrics, NVE reported solid increases in revenues and net income for the fourth quarter of fiscal 2026. Total revenues increased 5% to $7.65 million from $7.27 million in the prior year. This growth was primarily driven by a 6% increase in product sales, partially offset by a 19% decrease in contract research and development revenues. On the net income front, NVE saw a substantial 27% increase, posting $4.93 million, or $1.02 per diluted share, compared with $3.89 million, or 80 cents per share, in the fourth quarter of fiscal 2025. NVE Corporation price-consensus-eps-surprise-chart | NVE Corporation Quote A closer look at other business metrics reveals a 34% year-over-year increase in non-defense product sales for the fourth quarter of fiscal 2026, which significantly offset the volatility in defense sales. Defense product sales plummeted 79% year over year, attributed to the cyclical nature of defense procurement. Despite this, non-defense product sales showed a strong performance across multiple product lines and channels. The gross margin for the quarter was slightly lower at 78% from 79% in the prior year, reflecting changes in the product mix. For the fourth quarter of fiscal 2026, operating expenses decreased 19% from the previous year, with reductions of 26% in research and development (R&D) expenses and 5% in selling, general, and administrative (SG&A) expenses. The reduction in R&D was due to the completion of certain wafer-level chip-scale packaging activities, while SG&A savings were primarily due to the timing of marketing activities and the reassignment of resources to product development. Management provided a positive outlook for the upcoming fiscal year, citing favorable semiconductor industry conditions and the successful deployment of new equipment. The company’s president and CEO, Daniel A. Baker, emphasized that the business saw a bright future due to its increased capacity, substantial inventories and the expected recovery in defense sales. NVE’s strategic investments in expanding manufacturing capacity, including the completion of a multi-million-...

NVE reported Q4 revenue of $7.65 million (+5% YoY) and net income of $4.9 million (+27%, $1.02/share), driven by a 34% increase in non-defense product sales that more than offset a 79% decline in defense sales, with strong profitability (operating margin 62%, net margin 64%). The company has completed a major manufacturing expansion, placing the last equipment into service to enable wafer-level chip-scale packaging and higher-precision TMR sensor production; FY26 capex was $2.19 million and spending is expected to decline in fiscal 2027. Advanced Manufacturing Investment Tax Credits materially lowered the effective tax rate this year (quarterly rate 5%, ~$1.07M of credits for FY26) but are expected to decrease significantly in FY27, while management anticipates a rebound in defense and contract R&D revenue next year despite potential volatility. Interested in NVE Corporation? Here are five stocks we like better. Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? NVE (NASDAQ:NVEC) reported higher fourth-quarter profit as a rebound in non-defense product sales more than offset a sharp decline in defense revenue, while the company also marked the completion of a major manufacturing expansion. For the quarter ended March 31, 2026, Principal Financial Officer Daniel Nelson said total revenue increased 5% year-over-year to $7.65 million. Nelson attributed the increase to a 6% rise in product sales, partially offset by a 19% decline in contract R&D revenue. → Tyson Foods' Total Returns: Tasty Treats for Income Investors? Nelson said product sales growth reflected a 34% increase in non-defense product sales, which “partially offset” a 79% year-over-year decrease in defense sales. He noted that defense results can be volatile due to procurement cycles. Total revenue also rose 23% sequentially from the prior quarter. President and CEO Dan Baker said net income rose 27% for the quarter, “driven by a 34% increase in our core non-defense sales, which more than offset a decrease in defense sales.” → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Nelson reported quarterly gross margin of 78% of revenue, compared with 79% in the year-ago quarter. Operating expenses fell 19% year-over-year, which he said was due to a 26% decrease in R&D expense and a 5% decrease in SG&A. He said R&D spending declined following the completion of certain wafer-level chip-...

Net income growth was primarily driven by a 34% surge in nondefense product sales, which successfully offset volatility in defense procurement cycles. The company completed a multimillion-dollar, two-year manufacturing expansion, placing the final major equipment cluster into service during the fourth quarter. New in-house equipment enables atomic-layer precision in spintronic material deposition, facilitating the production of smaller, more precise wafer-level chip-scale packages. Operating expenses decreased 19% as R&D resources were strategically reassigned from completed packaging projects to manufacturing and new product development. Management attributes the nondefense performance to favorable semiconductor industry conditions and the market traction of new high-performance TMR sensors. Strategic positioning focuses on high-value markets including medical devices, autonomous vehicles, humanoid robotics, and the Artificial Intelligence of Things (AIoT). Management expects defense sales and contract R&D revenue to increase significantly in fiscal 2027 following a period of cyclical volatility. Fixed asset purchases are projected to decrease significantly in fiscal 2027 as the company transitions from an expansion phase to a production-utilization phase. Advanced manufacturing investment tax credits are expected to decrease significantly in fiscal 2027 as manufacturing equipment purchases decline following the completion of the company's expansion. The company maintains ample finished goods inventory to support anticipated increases in product demand across nondefense channels. Future growth is expected to be supported by advanced R&D initiatives in next-generation MRAM for anti-tamper applications and ultra-sensitive hearing aid sensors. A 5% effective tax rate in Q4 was driven by a one-time advanced manufacturing investment tax credit for equipment put into service. The company expects a $1.3 million federal tax refund resulting from R&D and manufacturing investment tax credits claimed in the fourth quarter. Inventory composition shifted, with raw materials and work-in-progress decreasing while finished goods increased to support faster order fulfillment. Management highlighted a commitment to long-term product support as a competitive differentiator against larger manufacturers who 'end-of-life' low-volume parts. Our analysts just identified a stock wi...

EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — NVE Corp. (NVEC) on Wednesday reported net income of $4.9 million in its fiscal fourth quarter. On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of $1.02. The nanotechnology company posted revenue of $7.7 million in the period. For the year, the company reported profit of $15.2 million, or $3.14 per share. Revenue was reported as $26.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEC at https://www.zacks.com/ap/NVEC

EDEN PRAIRIE, Minn., May 06, 2026--(BUSINESS WIRE)--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. 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. The company also announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable May 29, 2026 to shareholders of record as of May 18, 2026. "We’re pleased to report strong revenue and earnings growth for the second consecutive quarter," said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements used in this press release that relate to future plans, events, financial results, or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as our reliance on several large customers for a significant percentage of revenue, uncertainties related to the economic environments in the industries we serve, uncertainties related to future sales and revenues, as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2026. View source version on businesswire.com: https://www.businesswire.com/news/home/20260506632404/en/ Contacts investo...

Image source: The Motley Fool. Wednesday, May 6, 2026 at 5 p.m. ET President and Chief Executive Officer — Daniel A. Baker Chief Financial Officer — Daniel Nelson Vice President, Advanced Technology — Peter Eames Need a quote from a Motley Fool analyst? Email [email protected] Daniel A. Baker: Replay will be available through our website nve.com and our YouTube channel, youtube.com/nvecorporation. All participants are currently in listen-only mode. After our presentation, there will be a question and answer session. After my opening comments, Daniel Nelson will present our financial results, Peter Eames will cover new products and R&D, I will cover sales and marketing, and then we will open the call to questions. Note we are using a new call-in service this quarter with a different phone number. The call-in number and PIN are in our press release and in the investor events section of our website. We issued our press release with summary financial results and filed our Annual Report on Form 10-K in the past hour following the close of market. The press release has financial results for the quarter in addition to the fiscal year. Links to the press release and 10-K are available through our website, the SEC’s website, and X, formerly known as Twitter. Also, this afternoon, we posted a new sustainability report on our website. The new report replaces and supersedes our Task Force on Climate-related Financial Disclosures, or TCFD, report. The new report covers climate, employees, and governance, and we also highlight the positive impact of our products on people and the environment. Please refer to the Safe Harbor statement on your screen. Comments we may make that relate to future plans, events, financial results, or performance are forward-looking statements that are subject to certain risks and uncertainties, including among others such factors as our reliance on several large customers for a significant percentage of revenue, uncertainties related to the economic environments and the industries we serve, uncertainties related to future sales and revenue, as well as the risks listed from time to time in our filings with the SEC, including our just-filed Annual Report on Form 10-K. Actual results could differ materially from the information provided, and we undertake no obligation to update forward-looking statements we may make. We are pleased to report a 27% incre...

EDEN PRAIRIE, Minn., April 29, 2026--(BUSINESS WIRE)--NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter and fiscal year ended March 31, 2026 on Wednesday, May 6, 2026 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be webcast live in a listen-only mode through the Investor Events page of NVE’s Website (nve.com). An archive of the call will also be available on NVE’s Website. To dial into the conference call, parties should call 419-945-6082 and enter PIN: 320 883 894#. Parties may request to ask questions on the call by dialing in or logging into meet.google.com/oqd-tvto-zcw. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2026. View source version on businesswire.com: https://www.businesswire.com/news/home/20260527669496/en/ Contacts [email protected]

This article first appeared on GuruFocus. Revenue: Increased 23% year-over-year for the third quarter of fiscal 2026. Product Sales: Increased 16% year-over-year. Contract R&D Revenue: Increased 335% year-over-year. Gross Margin: 79% of revenue, down from 84% in the prior year quarter. Operating Expenses: Decreased 12% year-over-year. R&D Expense: Decreased 9% year-over-year. SG&A Expense: Decreased 19% year-over-year. Net Income: Increased 11% to $3.38 million or $0.70 per diluted share. Operating Margin: 60%. Pretax Margin: 68%. Net Margin: 54%. Cash Flow from Operations: $12.2 million for the first nine months of fiscal 2026. Accounts Receivable: Decreased by $1.1 million. Inventories: Decreased by $177,000. Fixed Asset Purchases: $2.18 million for the first nine months, including $1.05 million in the December quarter. Warning! GuruFocus has detected 7 Warning Sign with NVEC. Is NVEC fairly valued? Test your thesis with our free DCF calculator. Release Date: January 21, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. NVE Corp (NASDAQ:NVEC) reported a 23% increase in revenue and an 11% increase in earnings for the third quarter of fiscal 2026 compared to the prior year quarter. Product sales increased by 16% and contract R&D revenue surged by 335%, indicating strong growth across multiple revenue lines. Operating expenses decreased by 12% due to a reduction in R&D and SG&A expenses, contributing to improved profitability. The company completed installation and calibration of new equipment, enhancing capacity and capabilities for precise spintronic devices. NVE Corp (NASDAQ:NVEC) extended its supplier agreement with Abbott Laboratories for two years, indicating strong customer relationships and future revenue stability. Gross margin decreased from 84% to 79% due to a less profitable product mix and increased distributor sales, which typically have lower margins. Interest income decreased by 3% due to a reduction in the marketable securities portfolio, impacting overall income. The effective tax rate increased to 20% from 15% in the prior year quarter, primarily due to noncash impacts of tax law changes. Net income for the first nine months of fiscal 2026 decreased by 8% compared to the prior year, despite recent quarterly growth. The company faces uncertainties related to economic environments, futur...

NVEC Corporation NVEC reported total revenues of $6.22 million for the third quarter of fiscal 2026, representing a 23% increase from $5.06 million in the year-ago quarter. Growth was driven by a 16% increase in product sales and a sharp 335% jump in contract research and development revenue. Net income rose 11% year over year to $3.38 million, or 70 cents per diluted share, compared with $3.05 million, or 63 cents per share, in the prior-year period. While revenues and earnings both advanced, gross margin declined to 79% from 84% a year earlier, reflecting a less profitable product mix and a higher proportion of distributor sales. For the first nine months of fiscal 2026, revenues were essentially flat year over year at $18.7 million, up 0.4%, while net income declined 8% to $10.3 million, or $2.12 per diluted share. NVE Corporation price-consensus-eps-surprise-chart | NVE Corporation Quote Beyond headline revenues and earnings, NVE posted strong profitability metrics for the quarter. Operating margin reached 60%, pretax margin was 68%, and net margin stood at 54%, underscoring the company’s ability to convert revenues into profit despite margin pressure. Operating expenses declined 12% year over year, reflecting a 9% reduction in research and development spending and a 19% decrease in selling, general and administrative expenses. Cash flow from operations totaled $12.2 million for the first nine months of the fiscal year, while inventories declined modestly, indicating improved demand and inventory management. The balance sheet remained conservative, with total assets of about $60.0 million and total liabilities of $1.7 million as of Dec. 31, 2025. Management characterized the quarter as one of broad-based growth across revenue lines. Chief executive officer Daniel Baker highlighted strength in both defense and nondefense markets, as well as growth across distributor and direct sales channels. Executives also emphasized that rising distributor sales, while dilutive to gross margin, are viewed positively as a sign that excess inventory in the semiconductor supply chain is being worked down and end-user demand is improving. Management expressed optimism that the company has “the wind at our backs,” supported by improving industry conditions and a strong product portfolio. Several factors influenced quarterly results. The decline in gross margin was primarily...

EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — NVE Corp. (NVEC) on Wednesday reported profit of $3.4 million in its fiscal third quarter. The Eden Prairie, Minnesota-based company said it had net income of 70 cents per share. The nanotechnology company posted revenue of $6.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEC at https://www.zacks.com/ap/NVEC