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MARKETS / NASDAQ / NVEC
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · SMALL CAP

NVE Corp. /new/ NVEC

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$26.3M
▲ 1.8% YoY
$15.2M
▲ 0.9% YoY
$14.5M
▲ 10.8% YoY
In brief

What this company does

We manufacture high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. NVE is a Minnesota corporation headquartered in a suburb of Minneapolis. Our sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed.

Written from the business description in NVE Corporation's annual report to the U.S. Securities and Exchange Commission, filed 6 May 2026. Every sentence was checked against that document before publication.

Growth
USD 26.3M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 26.3 · Net income 15.2
20M200920112013201520172019202120232025
Compound annual growth
−11.7%
+4.3%
−0.5%
−1.1%
−12.5%
+5.4%
+2.1%
+0.9%
−12.6%
+5.3%
+2.2%
+0.9%
+0.0%
+0.0%
+0.0%
+0.0%
−0.1%
−1.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.3% a year over five years — but profit grew faster: net income at +5.4%, earnings per share at +5.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
58 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 60.5% · Net 57.7%
20%40%60%200920112013201520172019202120232025
ROE
FY2025 · ROE 25.2%
10%20%30%200920112013201520172019202120232025

Each USD of equity produced 25 cents of profit this year.

Cash & shareholders
USD 19.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 14.5
8M16M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 19.3 · Net buybacks —
8M16MDividendsNet buybacks20112013201520172019202120232025

USD 19.3M in dividends — 127% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 60.4M
EquityUSD 58.2M
CashUSD 1.7M
Current ratio28.21×

Equity funds 96% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
EPS, diluted $3.143.113.544.703.002.423.002.992.872.682.532.952.292.432.342.762.47
Dividend / sh $4.004.004.004.004.004.004.004.004.004.004.002.060.000.00···
Payout %127128113851331651331341391491587000···
ROE %25.223.625.834.521.415.718.117.115.513.511.813.611.313.515.019.1·
Shares out B0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsMarch 31
SEC categorysmaller reporting company
Data on record since2009

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