Saturday 17 October 2026 Export NVEC’s income statement to Excel — free account

NVE Corporation

NVE Corporation’s revenue for fiscal 2026 (year ended March 2026) was $26.3 million, up 1.76% from fiscal 2025. In the quarter to June 2026, revenue grew 80.8%, EPS grew 78.4% and free cash flow grew 27.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

99.13 4.57 −4.41%

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Market cap: $501.6M
P/E: 26.6×
Fwd P/E: 17.7×
Dividend yield: 4.04%
F-score: 6/9
Altman Z: 92.06
Beneish M: −2.72
Dividend safety: 46/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 5.34

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	1	—	—	—	—	—	1	2	1	—

Insider Ownership 0.35%

Capital & Financial Ratios $m

Market Cap 501.62

Revenue 31.26

Net Income 18.02

Free Cash Flow 15.59

Net Debt (21.77)

Current Ratio 23.72

Debt/Equity 0.00

P/E ratio 26.65

Fwd P/E 17.70

P/S ratio 15.34

P/B ratio 8.02

Past 5Y EPS Growth 5.35%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 41.92%

Next 5Y EPS Growth 25.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 68.78%

10-year low 10-year high

P/S against its own 10 years 85.04%

10-year low 10-year high

P/B against its own 10 years 97.31%

10-year low 10-year high

EV/Sales against its own 10 years 86.55%

10-year low 10-year high

EV/FCF against its own 10 years 86.55%

10-year low 10-year high

Dividends

Payout Ratio 1.08

Annual Dividend Rate 4.00

Annual Dividend Yield 4.04%

	total	individual payouts
2026	3.00	1.00 1.00 1.00
2025	4.00	1.00 1.00 1.00 1.00
2024	4.00	1.00 1.00 1.00 1.00
2023	4.00	1.00 1.00 1.00 1.00
2022	4.00	1.00 1.00 1.00 1.00
2021	4.00	1.00 1.00 1.00 1.00
2020	4.00	1.00 1.00 1.00 1.00
2019	4.00	1.00 1.00 1.00 1.00
2018	4.00	1.00 1.00 1.00 1.00
2017	4.00	1.00 1.00 1.00 1.00
2016	4.00	1.00 1.00 1.00 1.00

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	22	22	20	22
Receivables	3	4	3	7
Inventory	7	7	7	7
Other	—	—	—	—
	33	33	32	36

	2024	2025	2026	Q'26
Payables	0	0	0	0
ST’ Debt	—	—	—	—
Other	—	—	—	—
	1	1	1	2

Compound Annual Growth %

	10y	5y	3y
Sales	(0.51%)	4.27%	(11.71%)
Cash Flow	1.53%	4.50%	(4.44%)
Earnings	2.15%	5.38%	(12.51%)
Book Value	(5.19%)	(3.85%)	(4.60%)

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	11	—	—	—	—
’26	6	6	6	8	26
’25	7	7	5	7	26
’24	9	7	7	7	30
’23	7	11	7	13	38
’22	7	7	6	7	27
’21	5	4	7	6	21

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	5	—	—	—	—
’26	5	3	4	4	17
’25	6	2	4	2	14
’24	5	5	5	3	18
’23	3	6	5	4	19
’22	3	3	3	3	13
’21	3	2	3	5	13

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	5	—	—	—	—
’26	4	3	3	4	14
’25	5	2	4	2	13
’24	5	5	5	3	18
’23	3	6	5	4	18
’22	3	3	3	3	12
’21	3	2	3	5	13

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	1.32	—	—	—	—
’26	0.74	0.68	0.70	1.02	3.14
’25	0.85	0.83	0.63	0.80	3.11
’24	0.91	0.98	0.87	0.79	3.54
’23	0.86	1.26	0.88	1.70	4.70
’22	0.74	0.75	0.72	0.79	3.00
’21	0.50	0.46	0.81	0.65	2.42

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	70.29	68.50	60.98	42.85	56.75	43.35	64.14	69.86	51.50	59.51	Analyst estimates 2027–2029 Powerpack
	High	91.82	135.00	104.30	76.40	81.42	70.14	100.19	90.24	88.50	135.00
People
People	Employees	51	45	48	46	44	49	56	54	42	42
	Revenue/emp, $m	0.56	0.66	0.55	0.55	0.49	0.55	0.68	0.55	0.62	0.63
Income, $m
Income, $m	Revenue	28	30	26	25	21	27	38	30	26	26
	Gross margin, %	78.54	78.99	80.30	80.76	80.71	76.79	78.92	77.28	83.63	78.73
	EBT	19	20	18	17	14	17	27	20	18	18
	EBT margin, %	67.41	67.00	66.90	68.09	66.66	64.85	70.82	68.67	69.72	67.66
	Net income	13	14	15	15	12	15	23	17	15	15
	Depreciation	1	1	1	1	1	0	0	0	0	0
Per share, $
Per share, $	Revenue	5.86	6.17	5.47	5.24	4.42	5.58	7.92	6.17	5.35	5.44
	Earnings	2.68	2.87	3.00	3.00	2.42	3.00	4.70	3.54	3.12	3.14
	Cash flow	2.56	3.13	2.94	3.28	2.76	2.59	3.95	3.78	2.96	3.44
	Capex	(0.11)	(0.12)	(0.01)	(0.01)	(0.01)	(0.10)	(0.19)	0.00	(0.26)	(0.45)
	Free cash flow	2.45	3.01	2.92	3.27	2.75	2.49	3.76	3.77	2.70	2.99
	Book value	19.16	17.86	17.09	16.09	14.67	13.36	13.89	13.57	12.88	12.04
	Shares, m	5	5	5	5	5	5	5	5	5	5
Valuation, ×
Valuation, ×	P/E	30.89	27.49	33.01	17.40	28.97	18.16	17.66	25.06	20.50	20.86
	P/S	14.14	12.79	18.06	9.92	15.86	9.76	10.48	14.43	11.91	12.03
	P/B	4.32	4.42	5.78	3.23	4.78	4.08	5.98	6.56	4.95	5.44
	EV/Sales	13.16	11.94	17.33	8.85	15.01	8.60	10.03	13.68	11.07	11.28
	EV/FCF	31.42	24.51	32.42	14.20	24.18	19.30	21.14	22.37	21.95	20.53
Cash, $m
Cash, $m	Operating cash flow	12	15	14	16	13	13	19	18	14	17
	Capex	(1)	(1)	0	0	0	0	(1)	0	(1)	(2)
	Free cash flow	12	15	14	16	13	12	18	18	13	14
Balance, $m
Balance, $m	Working capital	34	32	27	34	23	39	29	32	32	31
	Total debt	—	—	—	1	1	1	1	—	—	—
	Net debt	(28)	(26)	(19)	(27)	(18)	(31)	(17)	(22)	(22)	(20)
	Shareholders’ equity	93	86	83	78	71	65	67	66	62	58
Returns, %
Returns, %	ROA	13.31	15.36	16.96	17.81	15.39	20.73	33.20	25.18	22.99	24.39
	ROIC	16.80	18.93	15.69	19.07	15.09	30.67	32.12	26.69	24.66	25.91
	ROE	13.49	15.53	17.15	18.07	15.71	21.42	34.48	25.82	23.57	25.22

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AMBQ Ambiq Micro, Inc.	$1.3B	— (loss-making)	— (loss-making)	+89.68% (above 0%: growing)	n/m	+18.56% (above 0%: growing)	45.03%	(25.74%)	Compare
POET POET Technologies Inc.	$1.0B	— (loss-making)	—	+112.25% (above 0%: growing)	n/m	−55.77% (below 0%: shrinking)	100.00%	(3,542.81%)	Compare
AIP Arteris, Inc.	$979.1M	— (loss-making)	— (loss-making)	+46.25% (above 0%: growing)	n/m	+403.35% (above 0%: growing)	85.05%	(57.63%)	Compare
CEVA Ceva, Inc.	$823.5M	— (loss-making)	— (loss-making)	+13.07% (above 0%: growing)	n/m	+31.02% (above 0%: growing)	87.44%	(7.15%)	Compare
AOSL Alpha and Omega Semiconductor Limited	$707.3M	— (loss-making)	— (loss-making)	−3.46% (below 0%: shrinking)	n/m	−45.84% (below 0%: shrinking)	23.09%	(6.45%)	Compare
NVEC NVE Corporation	$501.6M	26.6×	17.7×	+80.75% (above 0%: growing)	+78.38% (above 0%: growing)	+27.04% (above 0%: growing)	81.28%	65.85%
INDI indie Semiconductor, Inc.	$462.5M	— (loss-making)	— (loss-making)	+23.97% (above 0%: growing)	n/m	−134.86% (below 0%: shrinking)	36.07%	(54.81%)	Compare
LAES SEALSQ Corp.	$445.7M	—	—	—	—	−417.61% (below 0%: shrinking)	—	—	Compare
MRAM EVERSPIN TECH	$342.6M	— (loss-making)	946×	+41.93% (above 0%: growing)	n/m	−165.66% (below 0%: shrinking)	53.89%	(23.39%)	Compare
Median of peers	$765.4M	—	—	+41.93%	—	−50.80%	53.89%	(25.74%)

All 67 Semiconductors stocks →

NVE Corporation (NVEC) key facts

Strength: NVE Corporation’s revenue for fiscal 2026 (year ended March 2026) was $26.3 million, up 1.76% from fiscal 2025.
Strength: Net income was $15.2 million, or $3.14 per share (basic), a net margin of 57.7%.
NVE Corporation (NVEC) is a Semiconductors company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, NVEC traded at $99.13, a market capitalization of $501.6 million.
At that price the stock trades at 26.6× trailing-twelve-month earnings and 15.3× sales; its P/E is higher than 69% of its own readings over the past ten years.
NVE Corporation pays an annual dividend of $4.00 per share, a yield of 4.04%, with a payout ratio of 107.5%.
Return on equity was 25.2% and debt-to-equity 0.00.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 92.06 (safe zone) for fiscal 2026.