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NVE CORP /NEW/ (NVEC) Form 10-Q — Jul 22, 2026

$NVECForm 10-QFiled Jul 22, 2026, 4:08 PM ET0001376474-26-000514Original filing

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

1 day: +4.1%7 days: +32.6%30 days: +30.0%

Close on the filing date to close N calendar days later (from $84.69). Historical, not a forecast.

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.