NVE Corp income statement
In fiscal 2026, NVE Corp reported revenue of $26.3m, up 1.8% on the year before, operating income of $15.9m (a 60.5% margin) and net income of $15.2m, or $3.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 31 | 29 | 27 | 26 | 31 | 28 | 28 | 30 | 26 | 25 | 21 | 27 | 38 | 30 | 26 | 26 | 31 |
| Cost of revenue | 8 | 10 | 9 | 7 | 6 | 6 | 7 | 6 | 6 | 5 | 5 | 4 | 6 | 8 | 7 | 4 | 6 | 6 |
| Gross profit | 20 | 21 | 19 | 20 | 20 | 25 | 21 | 22 | 24 | 21 | 21 | 17 | 21 | 30 | 23 | 22 | 21 | 24 |
| Research and development | 1 | 1 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| Selling, general and administrative | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | — | — | — | — | — |
| Operating income | 16 | 18 | 14 | 15 | 14 | 19 | 16 | 17 | 18 | 16 | 16 | 13 | 16 | 26 | 19 | 16 | 16 | 19 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 | — | — |
| Income before tax | 18 | 20 | 17 | 18 | 17 | 21 | 18 | 19 | 20 | 18 | 17 | 14 | 17 | 27 | 20 | 18 | 18 | 21 |
| Income tax | 6 | 6 | 5 | 6 | 5 | 7 | 6 | 6 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 |
| Net income | 12 | 13 | 11 | 12 | 11 | 14 | 12 | 13 | 14 | 4 | 15 | 12 | 15 | 23 | 17 | 15 | 15 | 18 |
| Diluted EPS | $2.47 | $2.76 | $2.34 | $2.43 | $2.29 | $2.95 | $2.53 | $2.68 | $2.87 | $2.99 | $3.00 | $2.42 | $3.00 | $4.70 | $3.54 | $3.11 | $3.14 | $3.69 |
| Diluted shares (average) | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m |
| EBITDA | 17 | 18 | 15 | 16 | 15 | 20 | 17 | 19 | 19 | 17 | 16 | 13 | 17 | 26 | 19 | 16 | 16 | 20 |
| Quarter | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 | 2027 Q2Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 7 | 6 | 6 | 6 | 8 | 11 | 6 |
| Cost of revenue | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 |
| Gross profit | 4 | 6 | 5 | 5 | 5 | 6 | 9 | 5 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | — | — | — | 0 | — | — | — | 1 |
| Operating income | 3 | 4 | 4 | 4 | 4 | 5 | 7 | 3 |
| Provision for credit losses | 0 | 0 | — | — | — | — | — | — |
| Income before tax | 4 | 5 | 4 | 4 | 4 | 5 | 8 | 4 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Net income | 3 | 4 | 4 | 3 | 3 | 5 | 6 | 3 |
| Diluted EPS | $0.63 | $0.80 | $0.74 | $0.68 | $0.70 | $1.02 | $1.32 | $0.65 |
| EBITDA | 3 | 4 | 4 | 4 | 4 | 5 | 7 | 3 |
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