Stocks · Technology · Semiconductors & Related Devices

NVE CORP /NEW/

NVEC Clue Score56
United States Fiscal year ends March CIK 0000724910
$113.82 +2.13% Close, 9 Oct 2026
Price $113.82 +73.72% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue28.3Operating income17.4Net income12.9EPS, diluted2.68Fiscal year 2018Revenue29.9 +5.4%Operating income18.5Net income13.9 +7.4%EPS, diluted2.87 +7.1%Fiscal year 2019Revenue26.5 −11.4%Operating income15.9Net income14.5 +4.3%EPS, diluted2.99 +4.2%Fiscal year 2020Revenue25.4 −4.0%Operating income15.5Net income14.5 +0.1%EPS, diluted3.00 +0.3%Fiscal year 2021Revenue21.4 −15.9%Operating income12.7Net income11.7 −19.5%EPS, diluted2.42 −19.3%Fiscal year 2022Revenue27.0 +26.3%Operating income16.3Net income14.5 +24.1%EPS, diluted3.00 +24.0%Fiscal year 2023Revenue38.3 +41.7%Operating income25.6Net income22.7 +56.4%EPS, diluted4.70 +56.7%Fiscal year 2024Revenue29.8 −22.1%Operating income18.5Net income17.1 −24.5%EPS, diluted3.54 −24.7%Fiscal year 2025Revenue25.9 −13.2%Operating income16.0Net income15.1 −12.0%EPS, diluted3.11 −12.1%Fiscal year 2026Revenue26.3 +1.8%Operating income15.9Net income15.2 +0.9%EPS, diluted3.14 +1.0%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 28.3 29.9 26.5 25.4 21.4 27.0 38.3 29.8 25.9 26.3
Growth +5.4% −11.4% −4.0% −15.9% +26.3% +41.7% −22.1% −13.2% +1.8%
Operating income 17.4 18.5 15.9 15.5 12.7 16.3 25.6 18.5 16.0 15.9
Net income 12.9 13.9 14.5 14.5 11.7 14.5 22.7 17.1 15.1 15.2
Growth +7.4% +4.3% +0.1% −19.5% +24.1% +56.4% −24.5% −12.0% +0.9%
EPS, diluted 2.68 2.87 2.99 3.00 2.42 3.00 4.70 3.54 3.11 3.14
Growth +7.1% +4.2% +0.3% −19.3% +24.0% +56.7% −24.7% −12.1% +1.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin78.5%Operating margin61.6%Net margin45.7%Free cash flow margin41.9%Fiscal year 2018Gross margin79.0%Operating margin61.8%Net margin46.6%Free cash flow margin48.7%Fiscal year 2019Gross margin80.3%Operating margin60.2%Net margin54.8%Free cash flow margin53.5%Fiscal year 2020Gross margin80.8%Operating margin61.1%Net margin57.2%Free cash flow margin62.3%Fiscal year 2021Gross margin80.7%Operating margin59.6%Net margin54.7%Free cash flow margin62.3%Fiscal year 2022Gross margin76.8%Operating margin60.5%Net margin53.8%Free cash flow margin44.5%Fiscal year 2023Gross margin78.9%Operating margin67.0%Net margin59.3%Free cash flow margin47.5%Fiscal year 2024Gross margin77.3%Operating margin62.1%Net margin57.5%Free cash flow margin61.2%Fiscal year 2025Gross margin83.6%Operating margin61.8%Net margin58.2%Free cash flow margin50.4%Fiscal year 2026Gross margin78.7%Operating margin60.5%Net margin57.7%Free cash flow margin54.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 78.5% 79.0% 80.3% 80.8% 80.7% 76.8% 78.9% 77.3% 83.6% 78.7%
Operating margin 61.6% 61.8% 60.2% 61.1% 59.6% 60.5% 67.0% 62.1% 61.8% 60.5%
Net margin 45.7% 46.6% 54.8% 57.2% 54.7% 53.8% 59.3% 57.5% 58.2% 57.7%
Free cash flow margin 41.9% 48.7% 53.5% 62.3% 62.3% 44.5% 47.5% 61.2% 50.4% 54.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow12.4Capital expenditure−0.5Free cash flow11.9Dividends paid−19.3Fiscal year 2018Operating cash flow15.2Capital expenditure−0.6Free cash flow14.5 +22.7%Dividends paid−19.4Fiscal year 2019Operating cash flow14.2Capital expenditure−0.1Free cash flow14.2 −2.7%Dividends paid−19.4Fiscal year 2020Operating cash flow15.9Capital expenditure−0.1Free cash flow15.8 +12.0%Buybacks−0.7Dividends paid−19.4Fiscal year 2021Operating cash flow13.4Capital expenditure−0.1Free cash flow13.3 −16.0%Buybacks−0.1Dividends paid−19.3Fiscal year 2022Operating cash flow12.5Capital expenditure−0.5Free cash flow12.0 −9.6%Buybacks−0.2Dividends paid−19.3Fiscal year 2023Operating cash flow19.1Capital expenditure−0.9Free cash flow18.2 +51.1%Buybacks−0.0Dividends paid−19.3Fiscal year 2024Operating cash flow18.2Capital expenditure−0.0Free cash flow18.2 +0.4%Buybacks0.0Dividends paid−19.3Fiscal year 2025Operating cash flow14.3Capital expenditure−1.3Free cash flow13.1 −28.4%Dividends paid−19.3Fiscal year 2026Operating cash flow16.7Capital expenditure−2.2Free cash flow14.5 +10.8%Dividends paid−19.3
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 12.4 15.2 14.2 15.9 13.4 12.5 19.1 18.2 14.3 16.7
Capital expenditure −0.5 −0.6 −0.1 −0.1 −0.1 −0.5 −0.9 −0.0 −1.3 −2.2
Free cash flow 11.9 14.5 14.2 15.8 13.3 12.0 18.2 18.2 13.1 14.5
Growth +22.7% −2.7% +12.0% −16.0% −9.6% +51.1% +0.4% −28.4% +10.8%
Buybacks n/a n/a n/a −0.7 −0.1 −0.2 −0.0 0.0 n/a n/a
Dividends paid −19.3 −19.4 −19.4 −19.4 −19.3 −19.3 −19.3 −19.3 −19.3 −19.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash8.2Shareholders’ equity92.7Fiscal year 2018Cash4.8Shareholders’ equity86.4Fiscal year 2019Cash6.9Shareholders’ equity82.8Fiscal year 2020Cash8.1Shareholders’ equity78.0Fiscal year 2021Cash10.4Shareholders’ equity70.9Fiscal year 2022Cash10.4Shareholders’ equity64.6Fiscal year 2023Cash1.7Shareholders’ equity67.1Fiscal year 2024Cash10.3Shareholders’ equity65.6Fiscal year 2025Cash8.0Shareholders’ equity62.3Fiscal year 2026Cash1.7Shareholders’ equity58.2
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 8.2 4.8 6.9 8.1 10.4 10.4 1.7 10.3 8.0 1.7
Shareholders’ equity 92.7 86.4 82.8 78.0 70.9 64.6 67.1 65.6 62.3 58.2

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Assets
8.2 4.8 6.9 8.1 10.4 10.4 1.7 10.3 8.0 1.7
3.4 2.9 3.0 2.7 2.0 4.7 6.5 3.1 3.6 3.4
3.4 3.7 4.3 3.9 3.9 5.1 6.4 7.2 7.4 7.1
1.4 1.3 0.9 0.6 0.3 0.6 1.3 n/a n/a n/a
93.8 87.4 83.6 79.5 72.5 67.5 69.3 66.8 64.3 60.4
Growth −6.8% −4.4% −4.9% −8.8% −6.9% +2.6% −3.6% −3.7% −6.1%
Liabilities
n/a n/a 0.8 1.5 1.6 2.9 2.2 1.2 2.0 2.1
Equity
73.2 67.7 62.9 58.0 50.4 45.6 48.9 46.7 42.5 38.3
92.7 86.4 82.8 78.0 70.9 64.6 67.1 65.6 62.3 58.2
Growth −6.7% −4.2% −5.8% −9.1% −8.9% +3.9% −2.3% −5.0% −6.5%
Per share and net cash
4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8
calc 19.14 17.85 17.08 16.13 14.67 13.37 13.89 13.56 12.87 12.04

Lines marked calc are worked out here from filed figures; point at one for how.