NVE Corporation (NVEC) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	31.3M	26.3M	25.9M	29.8M	38.3M
Cost of Revenue	6.5M	5.6M	4.2M	6.8M	8.1M
Gross Profit	24.8M	20.7M	21.6M	23.0M	30.2M
Operating Expenses
R&D Expense	1.3M	1.1M	3.6M	2.7M	2.6M
SG&A Expense	2.0M	1.7M	2.0M	1.8M	2.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	2.1M	2.1M	—	—	—
Total Operating Expenses	5.4M	4.8M	5.6M	4.5M	4.5M
Cost and Expenses	11.9M	10.4M	9.9M	11.3M	12.6M
Operating Income (EBIT)	19.4M	15.9M	16.0M	18.5M	25.6M
Non-Operating
Interest Income	1.8M	1.9M	1.9M	1.9M	1.4M
Interest Expense	—	—	—	—	—
Net Interest Income	1.8M	1.9M	1.9M	1.9M	1.4M
Other Non-Op Income/Expense	1.8M	1.9M	2.0M	1.9M	1.4M
Non-Operating Income (excl Interest)	(1.4M)	(1.9M)	(2.0M)	(1.9M)	(1.4M)
EBT (Pre-Tax Income)	21.2M	17.8M	18.0M	20.5M	27.1M
Income Tax Expense	3.2M	2.6M	3.0M	3.3M	4.4M
Bottom Line
Net Income	18.0M	15.2M	15.1M	17.1M	22.7M
Earnings from Cont. Ops	18.0M	15.2M	15.1M	17.1M	22.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	18.0M	15.2M	15.1M	17.1M	22.7M
Per Share
Basic EPS	$3.72	$3.14	$3.12	$3.54	$4.70
Diluted EPS	$3.72	$3.14	$3.11	$3.54	$4.70
Revenue Per Share	$6.46	$5.44	$5.35	$6.17	$7.92
Shares
Basic Shares Outstanding	4.8M	4.8M	4.8M	4.8M	4.8M
Diluted Shares Outstanding	4.8M	4.8M	4.8M	4.8M	4.8M
Profitability Metrics
EBITDA	21.4M	18.3M	18.4M	20.8M	27.3M
D&A	607.0K	460.0K	324.2K	308.1K	196.7K
EBIT	20.8M	17.8M	18.0M	20.5M	27.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026