NVE Corporation (NVEC)

NVE Corporation Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	24.78	25.87	29.8	38.25	26.99	21.37
Revenue Growth (YoY)	-9.49%	-13.18%	-22.09%	41.75%	26.31%	-15.92%
Cost of Revenue	4.87	4.24	6.77	8.06	6.26	4.12
Gross Profit	19.91	21.64	23.03	30.19	20.72	17.24
Selling, General & Admin	1.76	2.01	1.77	1.96	1.47	1.32
Research & Development	3.5	3.64	2.73	2.58	2.93	3.18
Operating Expenses	5.26	5.64	4.51	4.55	4.4	4.5
Operating Income	14.65	15.99	18.52	25.64	16.33	12.74
Interest & Investment Income	1.93	1.91	1.95	1.45	1.17	1.5
Other Non Operating Income (Expenses)	0.14	0.14	-	-	-	-
Pretax Income	16.72	18.04	20.47	27.09	17.5	14.24
Income Tax Expense	2.9	2.97	3.34	4.4	2.99	2.55
Net Income	13.83	15.06	17.12	22.69	14.51	11.69
Net Income to Common	13.83	15.06	17.12	22.69	14.51	11.69
Net Income Growth	-14.23%	-12.03%	-24.54%	56.43%	24.05%	-19.50%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	0.00%	-0.01%	0.16%	-0.07%	0.02%	-0.27%
EPS (Basic)	2.86	3.12	3.54	4.70	3.00	2.42
EPS (Diluted)	2.85	3.11	3.54	4.70	3.00	2.42
EPS Growth	-14.41%	-12.15%	-24.65%	56.59%	24.01%	-19.30%
Free Cash Flow	13.05	13.05	18.23	18.16	12.02	13.3
Free Cash Flow Per Share	2.70	2.70	3.77	3.76	2.49	2.75
Dividend Per Share	4.000	4.000	4.000	4.000	4.000	4.000
Gross Margin	80.33%	83.63%	77.28%	78.92%	76.79%	80.71%
Operating Margin	59.11%	61.81%	62.13%	67.04%	60.51%	59.64%
Profit Margin	55.79%	58.22%	57.46%	59.33%	53.76%	54.73%
Free Cash Flow Margin	52.64%	50.45%	61.17%	47.46%	44.54%	62.26%
EBITDA	14.99	16.32	18.83	25.84	16.75	13.29
EBITDA Margin	60.49%	63.07%	63.17%	67.55%	62.08%	62.19%
D&A For EBITDA	0.34	0.32	0.31	0.2	0.42	0.54
EBIT	14.65	15.99	18.52	25.64	16.33	12.74
EBIT Margin	59.11%	61.81%	62.13%	67.04%	60.51%	59.64%
Effective Tax Rate	17.32%	16.49%	16.33%	16.23%	17.10%	17.89%
Revenue as Reported	24.78	25.87	29.8	38.25	26.99	21.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q