NVE Corporation (NVEC)

Name: NVE Corporation Financial Statements
Creator: Quarter Results

Technology | Semiconductors

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$6.2M

Net Income

$3.4M

Operating Margin

60.2%

Free Cash Flow

$13.1M

Debt / Assets

3.1%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for NVE Corporation (NVEC).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2025-03-31
Revenue	6,224,776	6,346,992	6,104,644	7,269,715
Cost of Revenue	1,332,679	1,378,494	1,182,523	1,515,410
Gross Profit	4,892,097	4,968,498	4,922,121	5,754,305
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	352,136	436,919	418,640	465,818
Operating Expenses	1,147,721	1,310,389	1,138,871	784,211
Operating Income	3,744,376	3,658,109	3,783,250	4,248,776
Interest Expense	0	0	0	0
Income Before Tax	4,206,330	4,145,533	4,282,269	4,725,739
Income Tax Expense	821,688	834,695	706,451	833,365
Net Income	3,384,642	3,310,838	3,575,818	3,892,374
Per Share
EPS	0.70	0.68	0.74	3.12
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for NVE Corporation (NVEC).
Income Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Revenue	25,874,694	29,804,179	38,253,592	26,986,970	21,366,246
Cost of Revenue	4,235,780	6,772,533	8,062,311	6,263,090	4,121,461
Gross Profit	21,638,914	23,031,646	30,191,281	20,723,880	17,244,785
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	2,009,246	1,781,347	1,963,105	1,469,321	1,316,427
Operating Expenses	5,644,765	4,512,781	4,547,099	4,395,195	4,501,181
Operating Income	15,994,149	18,518,865	25,644,182	16,328,685	12,743,604
Interest Expense	0	0	0	1,171,128	0
Income Before Tax	18,038,737	20,467,585	27,092,837	17,499,813	14,241,752
Income Tax Expense	2,974,221	3,342,886	4,398,379	2,992,312	2,547,368
Net Income	15,064,516	17,124,699	22,694,458	14,507,501	11,694,384
Per Share
EPS	3.12	3.54	4.70	3.00	2.42
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for NVE Corporation (NVEC).
Balance Sheet (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	8,036,564	10,283,550	1,669,896	10,449,510
Short Term Investments	13,691,593	11,917,779	15,513,095	20,839,683
Net Receivables	3,589,268	3,144,833	6,523,344	4,704,829
Inventory	7,449,083	7,158,585	6,417,010	5,088,635
Total Current Assets	33,199,922	33,194,096	30,786,804	41,503,177
Property Plant Equipment	2,904,248	1,343,932	1,771,281	1,166,635
Goodwill and Intangibles	0	0	0	0
Total Assets	64,275,862	66,780,033	69,255,170	67,467,492
Liabilities
Account Payables	214,691	127,153	281,712	943,535
Short Term Debt	83,010	358,744	175,798	156,121
Total Current Liabilities	1,168,870	1,035,741	1,832,760	2,456,345
Long Term Debt	838,221	175,775	342,908	446,018
Total Liabilities	2,007,091	1,211,516	2,175,668	2,902,363
Shareholders Equity
Retained Earnings	42,467,837	46,743,005	48,949,610	45,578,456
Total Shareholders Equity	62,268,771	65,568,517	67,079,502	64,565,129

Balance sheet annual history for NVE Corporation (NVEC).
Balance Sheet (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Assets
Cash and Cash Equivalents	8,036,564	10,283,550	1,669,896	10,449,510	10,427,340
Short Term Investments	13,691,593	11,917,779	15,513,095	20,839,683	7,678,957
Net Receivables	3,589,268	3,144,833	6,523,344	4,704,829	1,964,281
Inventory	7,449,083	7,158,585	6,417,010	5,088,635	3,900,777
Total Current Assets	33,199,922	33,194,096	30,786,804	41,503,177	24,362,633
Property Plant Equipment	2,904,248	1,343,932	1,771,281	1,166,635	1,025,899
Goodwill and Intangibles	0	0	0	0	0
Total Assets	64,275,862	66,780,033	69,255,170	67,467,492	72,500,739
Liabilities
Account Payables	214,691	127,153	281,712	943,535	336,591
Short Term Debt	83,010	358,744	175,798	156,121	150,273
Total Current Liabilities	1,168,870	1,035,741	1,832,760	2,456,345	1,027,338
Long Term Debt	838,221	175,775	342,908	446,018	581,459
Total Liabilities	2,007,091	1,211,516	2,175,668	2,902,363	1,608,797
Shareholders Equity
Retained Earnings	42,467,837	46,743,005	48,949,610	45,578,456	50,404,364
Total Shareholders Equity	62,268,771	65,568,517	67,079,502	64,565,129	70,891,942

Cash flow quarterly history for NVE Corporation (NVEC).
Cash Flow Statement (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	15,064,516	17,124,699	22,694,458	14,507,501
Depreciation & Amortization	324,232	308,147	257,606	424,981
Stock Based Compensation	152,167	141,936	59,657	81,855
Change in Working Capital	-249,507	1,773,313	-4,082,117	-2,535,115
Operating Cash Flow	14,310,418	18,247,411	19,091,498	12,503,679
Investing Activities
Capital Expenditure	-1,257,109	-16,731	-935,791	-484,579
Investments	-1,257,109	-16,731	-935,791	-484,579
Investing Cash Flow	2,668,118	9,580,084	-8,527,108	7,015,421
Financing Activities
Debt Repayment	0	0	0	0
Common Stock Issued/Repurchased	114,162	117,463	-20,700	-163,521
Dividends Paid	-19,339,684	-19,331,304	-19,323,304	-19,333,409
Financing Cash Flow	-19,225,522	-19,213,841	-19,344,004	-19,496,930
Summary
Free Cash Flow	13,053,309	18,230,680	18,155,707	12,019,100
Net Change in Cash	-2,246,986	8,613,654	-8,779,614	22,170

Cash flow annual history for NVE Corporation (NVEC).
Cash Flow Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Operating Activities
Net Income	15,064,516	17,124,699	22,694,458	14,507,501	11,694,384
Depreciation & Amortization	324,232	308,147	257,606	424,981	542,926
Stock Based Compensation	152,167	141,936	59,657	81,855	45,572
Change in Working Capital	-249,507	1,773,313	-4,082,117	-2,535,115	1,211,105
Operating Cash Flow	14,310,418	18,247,411	19,091,498	12,503,679	13,364,832
Investing Activities
Capital Expenditure	-1,257,109	-16,731	-935,791	-484,579	-62,727
Investments	-1,257,109	-16,731	-935,791	-484,579	-62,727
Investing Cash Flow	2,668,118	9,580,084	-8,527,108	7,015,421	8,424,873
Financing Activities
Debt Repayment	0	0	0	0	0
Common Stock Issued/Repurchased	114,162	117,463	-20,700	-163,521	-91,419
Dividends Paid	-19,339,684	-19,331,304	-19,323,304	-19,333,409	-19,336,540
Financing Cash Flow	-19,225,522	-19,213,841	-19,344,004	-19,496,930	-19,427,959
Summary
Free Cash Flow	13,053,309	18,230,680	18,155,707	12,019,100	13,302,105
Net Change in Cash	-2,246,986	8,613,654	-8,779,614	22,170	2,361,746