15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 0.6% per year over the past 5 years.
Net income has grown faster than revenue (5.4% vs -0.6% per year).
Free cash flow has grown 1.7% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 5 consecutive years, consuming 127.3% of earnings and 133.7% of free cash flow.
The dividend has grown 0.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$26M
$15M
78.7%
60.5%
$14M
—
$2M
2025
$26M
$15M
83.6%
61.8%
$13M
—
$8M
2024
$30M
$17M
77.3%
62.1%
$18M
—
$10M
2023
$38M
$23M
78.9%
67.0%
$18M
—
$2M
2022
$27M
$15M
76.8%
60.5%
$12M
—
$10M
2021
—
$12M
—
—
$13M
—
$10M
2020
$25M
$15M
80.8%
61.1%
$16M
—
$8M
2019
$26M
$4M
80.3%
60.2%
$14M
—
$7M
2018
$30M
$14M
79.0%
61.8%
$15M
—
$5M
2017
$28M
$13M
78.5%
61.6%
$12M
—
$8M
2016
$28M
$12M
76.1%
58.8%
$14M
—
$8M
2015
$31M
$14M
80.3%
62.9%
$15M
—
$9M
2014
$26M
$11M
77.9%
55.5%
$12M
—
$1M
2013
$27M
$12M
74.0%
56.2%
$11M
—
$3M
2012
$29M
$11M
67.4%
49.9%
$11M
—
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$8M
$5M
77.7%
61.9%
$12M
—
$2M
Dec '25
$6M
$3M
78.6%
60.2%
-$5M
—
$3M
Sep '25
$6M
$3M
78.3%
57.6%
$3M
—
$5M
Jun '25
$6M
$4M
80.6%
62.0%
$4M
—
$3M
Mar '25
$7M
$4M
79.2%
58.4%
$13M
—
$8M
Dec '24
$5M
$3M
84.2%
58.5%
-$6M
—
$5M
Sep '24
$7M
$4M
86.0%
65.0%
$2M
—
$3M
Jun '24
$7M
$4M
85.6%
64.7%
$5M
—
$6M
Mar '24
$7M
$4M
75.5%
57.3%
$3M
—
$10M
Dec '23
$7M
$4M
79.9%
66.2%
$5M
—
$5M
Sep '23
$7M
$5M
77.6%
64.8%
$5M
—
$7M
Jun '23
$9M
$4M
76.5%
60.8%
$5M
—
$1M
Mar '23
$13M
$8M
80.2%
69.6%
$4M
—
$2M
Dec '22
$7M
$4M
80.0%
65.1%
$5M
—
$2M
Sep '22
$11M
$6M
77.6%
67.3%
$6M
—
$4M
Jun '22
$7M
$4M
77.5%
64.2%
$3M
—
$13M
Mar '22
$7M
$4M
76.7%
60.9%
$3M
—
$10M
Dec '21
$6M
$3M
78.0%
64.2%
$3M
—
$9M
Sep '21
—
$4M
—
—
$3M
—
$11M
Jun '21
—
$4M
—
—
$3M
—
$9M
Valuation over time
How the market has priced NVEC against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 17.6× (Mar '23) to 30.2× (Jun '26).
The price-to-sales ratio has risen from 10.5× (Mar '23) to 17.4× (Jun '26).
The dividend yield has fallen from 4.8% (Mar '23) to 4.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is NVEC growing its revenue and profit?
Over the past 5 years, Nve Corp /New/'s revenue has declined 0.6% per year, and net income grown 5.4% per year. These are computed facts, not advice.
How much debt does NVEC have?
As of FY2026, Nve Corp /New/ reported — of total debt against $2M of cash.
What is NVEC's profit margin?
In FY2026, gross margin was 78.7%, operating margin 60.5%, and net margin 57.7%.
What is NVEC's P/E ratio?
As of Jun '26, Nve Corp /New/ traded at a price-to-earnings ratio of about 30.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.