NVE Corporation (NVEC) — Financial statements
Income statement, balance sheet, and cash flow for NVE Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 26↑1.8% | 26↓13.2% | 30↓22.1% | 38↑41.7% | 27 | |
| Cost of Revenue | 6↑32.2% | 4↓37.5% | 7↓16.0% | 8↑28.7% | 6 | |
| Gross Profit | 21↓4.2% | 22↓6.0% | 23↓23.7% | 30↑45.7% | 21 | |
| Operating Expenses | ||||||
| R&D Expenses | 1↓69.5% | 4↑33.1% | 3↑5.7% | 3↓11.7% | 3 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2↓17.8% | 2↑12.8% | 2↓9.3% | 2↑33.6% | 1 | |
| Other Expenses | 2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 5↓14.8% | 6↑25.1% | 5↓0.8% | 5↑3.5% | 4 | |
| Total Costs & Expenses | 10↑5.4% | 10↓12.4% | 11↓10.5% | 13↑18.3% | 11 | |
| Operating Results | ||||||
| Operating Income | 16↓0.5% | 16↓13.6% | 19↓27.8% | 26↑57.0% | 16 | |
| Depreciation & Amortization | 0.46↑41.9% | 0.32↑5.2% | 0.31↑56.6% | 0.20↓53.7% | 0.42 | |
| EBITDA | 16↑0.4% | 16↓13.3% | 19↓27.1% | 26↑54.2% | 17 | |
| EBIT | 16↓0.5% | 16↓13.6% | 19↓27.8% | 26↑57.0% | 16 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2↓0.9% | 2↓2.0% | 2↑34.5% | 1↑23.7% | 1 | |
| Interest Income | 2↓0.9% | 2↓2.0% | 2↑34.5% | 1↑23.7% | 1 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 2↓7.3% | 2↑4.9% | 2↑34.5% | 1↑23.7% | 1 | |
| Income Before Tax | 18↓1.2% | 18↓11.9% | 20↓24.5% | 27↑54.8% | 17 | |
| Income Tax Expense | 3↓12.0% | 3↓11.0% | 3↓24.0% | 4↑47.0% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 15↑0.9% | 15↓12.0% | 17↓24.5% | 23↑56.4% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 15↑0.9% | 15↓12.0% | 17↓24.5% | 23↑56.4% | 15 | |
| Bottom-Line Net Income | 15↑0.9% | 15↓12.0% | 17↓24.5% | 23↑56.4% | 15 | |
| EPS (Basic) | 3.14↑0.6% | 3.12↓11.9% | 3.54↓24.7% | 4.70↑56.7% | 3.00 | |
| EPS (Diluted) | 3.14↑1.0% | 3.11↓12.1% | 3.54↓24.7% | 4.70↑56.7% | 3.00 | |
| Weighted Average Shares | 5↑0.0% | 5↑0.0% | 5↑0.0% | 5↓0.1% | 5 | |
| Weighted Average Diluted Shares | 5↑0.0% | 5↓0.0% | 5↑0.2% | 5↓0.1% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.