Income Statement NVE Corporation

Stocks

NVEC

US6294452064

Semiconductors

Market Closed - Nasdaq 16:00:00 2026-09-08 EDT			5-day change	1st Jan Change
101.97 ^USD	+1.56%		+4.27%	+71.87%

08-27	Central Norway power producers face scrutiny over hydro reservoir levels	RE
08-10	NVE Corporation Announces Board and Committee Appointments	CI

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Published financial data: NVE CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Revenues	26.99M	38.25M	29.8M	25.87M	26.33M
Total Revenues	26.99M	38.25M	29.8M	25.87M	26.33M
Cost of Goods Sold, Total	6.26M	8.06M	6.77M	4.24M	5.6M
Gross Profit	20.72M	30.19M	23.03M	21.64M	20.73M
Selling General & Admin Expenses, Total	1.47M	1.96M	1.77M	2.01M	1.65M
Provision for Bad Debts	-	-	9.51K	-	-
R&D Expenses	2.93M	2.58M	2.73M	3.64M	3.16M
Other Operating Expenses, Total	4.4M	4.55M	4.51M	5.64M	4.81M
Operating Income	16.33M	25.64M	18.52M	15.99M	15.92M
Interest And Investment Income	1.17M	1.45M	1.95M	1.91M	1.89M
Net Interest Expenses	1.17M	1.45M	1.95M	1.91M	1.89M
Other Non Operating Income (Expenses)	-	-	-	135K	3.9K
EBT, Excl. Unusual Items	17.5M	27.09M	20.47M	18.04M	17.82M
EBT, Incl. Unusual Items	17.5M	27.09M	20.47M	18.04M	17.82M
Income Tax Expense	2.99M	4.4M	3.34M	2.97M	2.62M
Earnings From Continuing Operations	14.51M	22.69M	17.12M	15.06M	15.2M
Net Income to Company	14.51M	22.69M	17.12M	15.06M	15.2M
Net Income - (IS)	14.51M	22.69M	17.12M	15.06M	15.2M
Net Income to Common Incl Extra Items	14.51M	22.69M	17.12M	15.06M	15.2M
Net Income to Common Excl. Extra Items	14.51M	22.69M	17.12M	15.06M	15.2M
Per Share Items
Net EPS - Basic	3	4.7	3.54	3.12	3.14
Basic EPS - Continuing Operations	3	4.7	3.54	3.12	3.14
Basic Weighted Average Shares Outstanding	4.83M	4.83M	4.83M	4.84M	4.84M
Net EPS - Diluted	3	4.7	3.54	3.11	3.14
Diluted EPS - Continuing Operations	3	4.7	3.54	3.11	3.14
Diluted Weighted Average Shares Outstanding	4.84M	4.83M	4.84M	4.84M	4.84M
Normalized Basic EPS	2.26	3.51	2.65	2.33	2.3
Normalized Diluted EPS	2.26	3.5	2.64	2.33	2.3
Dividend Per Share	4	4	4	4	4
Payout Ratio	133.26	85.15	112.89	128.38	127.3
Supplemental Items
EBITDA	16.75M	25.9M	18.83M	16.32M	16.38M
EBITA	16.33M	25.64M	18.52M	15.99M	15.92M
EBIT	16.33M	25.64M	18.52M	15.99M	15.92M
EBITDAR	17.04M	26.05M	18.98M	16.49M	16.57M
Total Revenues (As Reported)	26.99M	38.25M	29.8M	25.87M	26.33M
Effective Tax Rate - (Ratio)	17.1	16.23	16.33	16.49	14.69
Current Domestic Taxes	3M	4.24M	4.35M	3.59M	512K
Total Current Taxes	3M	4.24M	4.35M	3.59M	512K
Deferred Domestic Taxes	-12.43K	163K	-1M	-612K	2.11M
Total Deferred Taxes	-12.43K	163K	-1M	-612K	2.11M
Normalized Net Income	10.94M	16.93M	12.79M	11.27M	11.14M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	2.93M	2.58M	2.73M	3.64M	3.16M
Net Rental Expense, Total	291K	151K	151K	168K	193K
Stock-Based Comp., Other (Total)	81.86K	59.66K	142K	152K	93.66K
Total Stock-Based Compensation	81.86K	59.66K	142K	152K	93.66K

Fiscal Period: March	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Assets
Cash And Equivalents	10.45M	1.67M	10.28M	8.04M	1.71M
Short Term Investments	20.84M	15.51M	11.92M	13.69M	18.13M
Total Cash And Short Term Investments	31.29M	17.18M	22.2M	21.73M	19.84M
Accounts Receivable, Total	4.7M	6.52M	3.14M	3.59M	3.41M
Other Receivables	-	-	461K	340K	456K
Total Receivables	4.7M	6.52M	3.61M	3.93M	3.86M
Inventory	5.09M	6.42M	7.16M	7.45M	7.08M
Prepaid Expenses	421K	663K	229K	93.17K	1.4M
Total Current Assets	41.5M	30.79M	33.19M	33.2M	32.19M
Gross Property Plant And Equipment	12.11M	12.87M	12.75M	14.63M	16.7M
Accumulated Depreciation	-10.94M	-11.1M	-11.4M	-11.73M	-12.19M
Net Property Plant And Equipment	1.17M	1.77M	1.34M	2.9M	4.51M
Long-term Investments	24.31M	36.13M	30.79M	26.3M	23.68M
Deferred Tax Assets Long-Term	483K	572K	1.45M	1.87M	-
Total Assets	67.47M	69.26M	66.78M	64.28M	60.38M
Liabilities
Accounts Payable, Total	944K	282K	127K	215K	279K
Accrued Expenses, Total	1.36M	1.38M	729K	871K	698K
Current Portion of Leases	156K	176K	179K	83.01K	165K
Unearned Revenue Current, Total	-	-	-	-	-
Total Current Liabilities	2.46M	1.83M	1.04M	1.17M	1.14M
Long-Term Leases	446K	343K	176K	838K	740K
Deferred Tax Liability Non Current	-	-	-	-	248K
Total Liabilities	2.9M	2.18M	1.21M	2.01M	2.13M
Common Stock, Total	48.31K	48.31K	48.34K	48.37K	48.37K
Additional Paid In Capital	19.26M	19.3M	19.55M	19.82M	19.91M
Retained Earnings	45.58M	48.95M	46.74M	42.47M	38.32M
Comprehensive Income and Other	-318K	-1.21M	-778K	-68.54K	-32.01K
Total Common Equity	64.57M	67.08M	65.57M	62.27M	58.25M
Total Equity	64.57M	67.08M	65.57M	62.27M	58.25M
Total Liabilities And Equity	67.47M	69.26M	66.78M	64.28M	60.38M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.83M	4.83M	4.83M	4.84M	4.84M
ECS Total Common Shares Outstanding	4.83M	4.83M	4.83M	4.84M	4.84M
Book Value / Share	13.37	13.89	13.56	12.87	12.04
Tangible Book Value	64.57M	67.08M	65.57M	62.27M	58.25M
Tangible Book Value Per Share	13.37	13.89	13.56	12.87	12.04
Total Debt	602K	519K	355K	921K	906K
Net Debt	-55M	-52.79M	-52.63M	-47.11M	-42.61M
Debt Equivalent Oper. Leases	2.33M	1.21M	1.21M	1.35M	1.54M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	987K	1.6M	1.98M	1.61M	1.36M
Inventories - Work In Process, Total	3.36M	3.78M	2.64M	3.61M	3.28M
Inventories - Finished Goods, Total	746K	1.03M	2.53M	2.23M	2.44M
Machinery, Total	9.74M	10.48M	10.5M	11.76M	13.84M
Full Time Employees	47	51	46	41	40
Part Time Employees	2	5	8	1	2
Accumulated Allowance for Doubtful Accounts (Supple)	15K	15K	15K	15K	15K
Order Backlog	-	-	-	-	-

Fiscal Period: March	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Net Income	14.51M	22.69M	17.12M	15.06M	15.2M
Depreciation & Amortization - CF	425K	258K	308K	324K	460K
Depreciation & Amortization, Total	425K	258K	308K	324K	460K
(Gain) Loss on Sale of Investments - (CF)	-	-	-106K	-308K	-318K
Stock-Based Compensation (CF)	81.86K	59.66K	142K	152K	93.66K
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	9.51K	-	-
Other Operating Activities, Total	24.46K	162K	-1M	-673K	2.21M
Change In Accounts Receivable	-2.74M	-1.82M	3.37M	-444K	180K
Change In Inventories	-1.19M	-1.33M	-742K	-290K	366K
Change In Accounts Payable	1.29M	-727K	-964K	87.54K	63.91K
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	99.72K	-209K	110K	398K	-1.6M
Cash from Operations	12.5M	19.09M	18.25M	14.31M	16.66M
Capital Expenditure	-485K	-936K	-16.73K	-1.26M	-2.19M
Investment in Marketable and Equity Securities, Total	7.5M	-7.69M	9.6M	3.93M	-1.44M
Other Investing Activities, Total	-	100K	-	-	-
Cash from Investing	7.02M	-8.53M	9.58M	2.67M	-3.63M
Issuance of Common Stock	-	-	117K	114K	-
Repurchase of Common Stock	-164K	-20.7K	-	-	-
Common Dividends Paid	-19.33M	-19.32M	-19.33M	-19.34M	-19.35M
Common & Preferred Stock Dividends Paid	-19.33M	-19.32M	-19.33M	-19.34M	-19.35M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-19.5M	-19.34M	-19.21M	-19.23M	-19.35M
Net Change in Cash	22.17K	-8.78M	8.61M	-2.25M	-6.32M
Supplemental Items
Cash Income Tax Paid (Refund)	2.52M	4.5M	4.54M	3.31M	1.93M
Levered Free Cash Flow	7.69M	11.38M	13.82M	8.97M	7.32M
Unlevered Free Cash Flow	7.69M	11.38M	13.82M	8.97M	7.32M
Change In Net Working Capital	2.53M	4.03M	-1.81M	250K	990K

Fiscal Period: March	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Profitability
Return on Assets	14.58	23.45	17.02	15.26	15.96
Return on Total Capital	14.92	24.14	17.34	15.48	16.27
Return On Equity %	21.42	34.48	25.82	23.57	25.22
Return on Common Equity	21.42	34.48	25.82	23.57	25.22
Margin Analysis
Gross Profit Margin %	76.79	78.92	77.28	83.63	78.73
SG&A Margin	5.44	5.13	5.94	7.77	6.27
EBITDA Margin %	62.08	67.71	63.17	63.07	62.21
EBITA Margin %	60.51	67.04	62.14	61.81	60.46
EBIT Margin %	60.51	67.04	62.14	61.81	60.46
Income From Continuing Operations Margin %	53.76	59.33	57.46	58.22	57.72
Net Income Margin %	53.76	59.33	57.46	58.22	57.72
Net Avail. For Common Margin %	53.76	59.33	57.46	58.22	57.72
Normalized Net Income Margin	40.53	44.27	42.92	43.57	42.29
Levered Free Cash Flow Margin	28.51	29.74	46.36	34.65	27.82
Unlevered Free Cash Flow Margin	28.51	29.74	46.36	34.65	27.82
Asset Turnover
Asset Turnover	0.39	0.56	0.44	0.39	0.42
Fixed Assets Turnover	24.62	26.04	19.13	12.18	7.1
Receivables Turnover (Average Receivables)	8.09	6.81	6.17	7.68	7.53
Inventory Turnover (Average Inventory)	1.39	1.4	1	0.58	0.77
Short Term Liquidity
Current Ratio	16.9	16.8	32.05	28.4	28.21
Quick Ratio	14.65	12.93	24.92	21.95	20.77
Operating Cash Flow to Current Liabilities	5.09	10.42	17.62	12.24	14.6
Days Sales Outstanding (Average Receivables)	45.1	53.57	59.36	47.5	48.5
Days Outstanding Inventory (Average Inventory)	261.94	260.44	366.82	629.38	473.63
Average Days Payable Outstanding	31.35	23.81	9.96	13.78	17.2
Cash Conversion Cycle (Average Days)	275.69	290.2	416.23	663.09	504.93
Long Term Solvency
Total Debt/Equity	0.93	0.77	0.54	1.48	1.55
Total Debt / Total Capital	0.92	0.77	0.54	1.46	1.53
LT Debt/Equity	0.69	0.51	0.27	1.35	1.27
Long-Term Debt / Total Capital	0.68	0.51	0.27	1.33	1.25
Total Liabilities / Total Assets	4.3	3.14	1.81	3.12	3.53
Total Debt / EBITDA	0.04	0.02	0.02	0.06	0.05
Net Debt / EBITDA	-3.23	-2.03	-2.77	-2.86	-2.57
Total Debt / (EBITDA - Capex)	0.04	0.02	0.02	0.06	0.06
Net Debt / (EBITDA - Capex)	-3.32	-2.1	-2.78	-3.09	-2.96
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.31	41.75	-22.09	-13.18	1.76
Gross Profit, 1 Yr. Growth %	20.17	45.68	-23.71	-6.05	-4.19
EBITDA, 1 Yr. Growth %	26.1	54.6	-27.14	-13.32	0.38
EBITA, 1 Yr. Growth %	28.13	57.05	-27.79	-13.63	-0.46
EBIT, 1 Yr. Growth %	28.13	57.05	-27.79	-13.63	-0.46
Earnings From Cont. Operations, 1 Yr. Growth %	24.06	56.43	-24.54	-12.03	0.89
Net Income, 1 Yr. Growth %	24.06	56.43	-24.54	-12.03	0.89
Normalized Net Income, 1 Yr. Growth %	22.88	54.82	-24.45	-11.87	-1.23
Diluted EPS Before Extra, 1 Yr. Growth %	24.01	56.59	-24.65	-12.15	0.96
Accounts Receivable, 1 Yr. Growth %	139.52	38.65	-51.79	14.13	-5.02
Inventory, 1 Yr. Growth %	30.45	26.1	11.56	4.06	-4.92
Net Property, Plant and Equip., 1 Yr. Growth %	13.72	51.83	-24.13	116.1	55.28
Total Assets, 1 Yr. Growth %	-6.94	2.65	-3.57	-3.75	-6.06
Tangible Book Value, 1 Yr. Growth %	-8.92	3.89	-2.25	-5.03	-6.45
Common Equity, 1 Yr. Growth %	-8.92	3.89	-2.25	-5.03	-6.45
Cash From Operations, 1 Yr. Growth %	-6.44	52.69	-4.42	-21.58	16.4
Capital Expenditures, 1 Yr. Growth %	672.52	93.11	-98.21	7.41K	74.14
Levered Free Cash Flow, 1 Yr. Growth %	-20.5	47.87	22.12	-35.11	-18.31
Unlevered Free Cash Flow, 1 Yr. Growth %	-20.5	47.87	22.12	-35.11	-18.31
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.05	33.8	5.09	-17.76	-6.01
Gross Profit, 2 Yr. CAGR %	0.49	32.32	5.42	-15.34	-5.12
EBITDA, 2 Yr. CAGR %	2.12	39.62	6.01	-20.53	-6.72
EBITA, 2 Yr. CAGR %	2.59	41.86	6.5	-21.03	-7.28
EBIT, 2 Yr. CAGR %	2.59	41.86	6.5	-21.03	-7.28
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.07	39.31	8.65	-18.53	-5.79
Net Income, 2 Yr. CAGR %	-0.07	39.31	8.65	-18.53	-5.79
Normalized Net Income, 2 Yr. CAGR %	0.57	37.93	8.15	-18.4	-6.7
Diluted EPS Before Extra, 2 Yr. CAGR %	0.04	39.35	8.63	-18.64	-5.82
Accounts Receivable, 2 Yr. CAGR %	32.15	82.24	-18.24	-25.82	4.11
Inventory, 2 Yr. CAGR %	14.46	28.26	18.61	7.74	-0.53
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.68	31.4	7.33	28.05	83.19
Total Assets, 2 Yr. CAGR %	-7.88	-2.26	-0.51	-3.66	-4.91
Tangible Book Value, 2 Yr. CAGR %	-9.02	-2.73	0.77	-3.65	-5.75
Common Equity, 2 Yr. CAGR %	-9.02	-2.73	0.77	-3.65	-5.75
Cash From Operations, 2 Yr. CAGR %	-11.31	19.52	20.8	-13.42	-4.45
Capital Expenditures, 2 Yr. CAGR %	205.15	286.24	-81.42	15.9	1.04K
Levered Free Cash Flow, 2 Yr. CAGR %	-16.06	8.43	34.02	-10.98	-27.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	-16.06	8.43	34.02	-10.98	-27.19
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.64	14.61	11.73	-1.39	-11.71
Gross Profit, 3 Yr. CAGR %	-0.84	13.73	10.13	1.45	-11.78
EBITDA, 3 Yr. CAGR %	0.25	17.26	12.32	-0.87	-14.1
EBITA, 3 Yr. CAGR %	0.84	18.24	13.27	-0.69	-14.69
EBIT, 3 Yr. CAGR %	0.84	18.24	13.27	-0.69	-14.69
Earnings From Cont. Operations, 3 Yr. CAGR %	-0	16.03	13.56	1.26	-12.51
Net Income, 3 Yr. CAGR %	-0	16.03	13.56	1.26	-12.51
Normalized Net Income, 3 Yr. CAGR %	-0.4	16.12	12.85	1.02	-13.04
Diluted EPS Before Extra, 3 Yr. CAGR %	0.11	16.15	13.53	1.21	-12.57
Accounts Receivable, 3 Yr. CAGR %	16.24	34.28	16.99	-8.63	-19.45
Inventory, 3 Yr. CAGR %	6.06	18.21	22.43	13.54	3.35
Net Property, Plant and Equip., 3 Yr. CAGR %	9.24	8.19	9.42	35.53	36.55
Total Assets, 3 Yr. CAGR %	-6.9	-4.49	-2.7	-1.6	-4.47
Tangible Book Value, 3 Yr. CAGR %	-7.95	-4.9	-2.57	-1.2	-4.6
Common Equity, 3 Yr. CAGR %	-7.95	-4.9	-2.57	-1.2	-4.6
Cash From Operations, 3 Yr. CAGR %	-4.19	6.3	10.94	4.6	-4.44
Capital Expenditures, 3 Yr. CAGR %	92.19	161.99	-35.63	37.41	32.75
Levered Free Cash Flow, 3 Yr. CAGR %	-7.2	1.38	12.61	5.24	-13.49
Unlevered Free Cash Flow, 3 Yr. CAGR %	-7.2	1.38	12.61	5.24	-13.49
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.96	5.08	2.4	0.36	4.27
Gross Profit, 5 Yr. CAGR %	-1.41	5.06	1.62	1.06	3.75
EBITDA, 5 Yr. CAGR %	-2.06	5.92	2.51	0.31	4.28
EBITA, 5 Yr. CAGR %	-1.31	6.81	3.06	0.61	4.55
EBIT, 5 Yr. CAGR %	-1.31	6.81	3.06	0.61	4.55
Earnings From Cont. Operations, 5 Yr. CAGR %	2.3	10.28	3.37	0.73	5.38
Net Income, 5 Yr. CAGR %	2.3	10.28	3.37	0.73	5.38
Normalized Net Income, 5 Yr. CAGR %	-1.73	6.25	2.94	0.84	4.58
Diluted EPS Before Extra, 5 Yr. CAGR %	2.3	10.36	3.43	0.74	5.35
Accounts Receivable, 5 Yr. CAGR %	6.48	17.69	0.98	5.91	11.66
Inventory, 5 Yr. CAGR %	8.67	11.94	10.91	13.91	12.67
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.76	5.97	8.47	15.73	34.47
Total Assets, 5 Yr. CAGR %	-6.37	-4.55	-4.4	-4.16	-3.59
Tangible Book Value, 5 Yr. CAGR %	-6.97	-4.95	-4.55	-4.4	-3.85
Common Equity, 5 Yr. CAGR %	-6.97	-4.95	-4.55	-4.4	-3.85
Cash From Operations, 5 Yr. CAGR %	0.2	4.73	5.12	-2.08	4.5
Capital Expenditures, 5 Yr. CAGR %	-1.39	9.12	-24.51	89.06	103.5
Levered Free Cash Flow, 5 Yr. CAGR %	-4.8	-1.18	7.5	-3.86	-5.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.8	-1.18	7.5	-3.86	-5.42
Dividend Per Share, 5 Yr. CAGR %	0	0	0	0	0