NVE CORP /NEW/ (NVEC) Form 10-Q — Jul 22, 2026
NVE Corporation reported strong financial results for the first quarter of fiscal 2027, with total revenue increasing 81% to $11.0 million compared to the prior year quarter. Net income rose 79% to $6.4 million, while earnings per share grew to $1.32 from $0.74 a year ago, driven by significant growth in both product sales and contract research and development revenue. The increase in product sales was attributed to higher demand in both defense and non-defense sectors across direct and distributor channels. Contract revenue growth stemmed from progress on existing contracts, although total operating expenses increased 50% due to higher staffing costs and performance-based compensation.
Key figures
- Eps
- 1.32
- Revenue
- 11034057
- Net Income
- 6394191
- Revenue Yoy
- 80.7%
- Cash Position
- 2896148
- Shares Outstanding
- 4837166
- Rd Expenses
- 946582
- Gross Profit
- 8968012
- Sga Expenses
- 755594
- Product Sales
- 10734735
Price after filing
Close on the filing date to close N calendar days later (from $84.69). Historical, not a forecast.
AI analysis
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