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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2026
$26M
$15M
78.7%
60.5%
26.1%
25.2%
$14M
—
$2M
2025
$26M
$15M
83.6%
61.8%
24.2%
23.4%
$13M
—
$8M
2024
$30M
$17M
77.3%
62.1%
26.1%
25.6%
$18M
—
$10M
2023
$38M
$23M
78.9%
67.0%
33.8%
32.8%
$18M
—
$2M
2022
$27M
$15M
76.8%
60.5%
22.5%
21.5%
$12M
—
$10M
2021
—
$12M
—
—
16.5%
16.1%
$13M
—
$10M
2020
$25M
$15M
80.8%
61.1%
18.6%
18.3%
$16M
—
$8M
2019
$26M
$4M
80.3%
60.2%
4.4%
4.3%
$14M
—
$7M
2018
$30M
$14M
79.0%
61.8%
16.1%
15.9%
$15M
—
$5M
2017
$28M
$13M
78.5%
61.6%
14.0%
13.8%
$12M
—
$8M
2016
$28M
$12M
76.1%
58.8%
12.4%
12.2%
$14M
—
$8M
2015
$31M
$14M
80.3%
62.9%
13.3%
13.1%
$15M
—
$9M
2014
$26M
$11M
77.9%
55.5%
10.7%
10.6%
$12M
—
$1M
2013
$27M
$12M
74.0%
56.2%
12.6%
12.4%
$11M
—
$3M
2012
$29M
$11M
67.4%
49.9%
14.0%
13.7%
$11M
—
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$6M
$3M
78.2%
55.0%
5.5%
5.3%
$10M
—
$4M
Jun '26
—
$6M
—
—
10.7%
10.3%
$1M
—
$3M
Mar '26
—
$5M
—
—
8.5%
8.2%
$12M
—
$2M
Dec '25
—
$3M
—
—
5.8%
5.6%
-$5M
—
$3M
Sep '25
$6M
$3M
78.3%
57.6%
5.5%
5.4%
$12M
—
$5M
Jun '25
—
$4M
—
—
5.9%
5.6%
-$5M
—
$3M
Mar '25
—
$4M
—
—
6.3%
6.1%
$13M
—
$8M
Dec '24
—
$3M
—
—
4.8%
4.7%
-$6M
—
$5M
Sep '24
—
$4M
—
—
6.2%
6.1%
$2M
—
$3M
Jun '24
—
$4M
—
—
6.3%
6.1%
$5M
—
$6M
Mar '24
—
$4M
—
—
5.8%
5.7%
$3M
—
$10M
Dec '23
—
$4M
—
—
6.3%
6.2%
$5M
—
$5M
Sep '23
—
$5M
—
—
7.1%
7.0%
$5M
—
$7M
Jun '23
—
$4M
—
—
6.6%
6.5%
$5M
—
$1M
Mar '23
—
$8M
—
—
12.3%
11.9%
$4M
—
$2M
Dec '22
—
$4M
—
—
6.7%
6.4%
$5M
—
$2M
Sep '22
—
$6M
—
—
9.6%
9.0%
$6M
—
$4M
Jun '22
—
$4M
—
—
6.5%
6.4%
$3M
—
$13M
Mar '22
—
$4M
—
—
5.9%
5.7%
$3M
—
$10M
Dec '21
—
$3M
—
—
5.2%
5.1%
$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 17.7× (Mar '23) to 24.5× (Nov '26).
The price-to-sales ratio has risen from 10.5× (Mar '23) to 14.1× (Nov '26).
The dividend yield has risen from 4.8% (Mar '23) to 5.2% (Nov '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?
Nve Corp /New/'s P/E (TTM) is 20.81 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NVEC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 24.5× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.