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NVE Corporation (NVEC)
NASDAQ:NVEC
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.8Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational and financial picture: strong quarter-over-quarter revenue (+23%) and net income (+11%), meaningful cash generation, successful completion of a multi-year capacity expansion (equipment installed and to be placed into service), new product announcements, and an important two-year contractual extension with Abbott. Offsetting headwinds include gross margin compression (79% vs 84% prior year) driven by product mix and higher distributor sales, a higher effective tax rate in the quarter, reduced other income, and uneven year-to-date R&D revenue trends (9-month contract R&D down 8% and 9-month net income down 8%). Overall, the positive drivers (robust revenue growth, strong margins even after compression, cash flow, new capacity and product momentum, and customer wins) materially outweigh the identified challenges.Company Guidance
Quarterly Revenue and Earnings Growth
Revenue for Q3 FY2026 increased 23% year-over-year. Net income rose 11% to $3.38 million ($0.70 per diluted share) from $3.05 million ($0.63). Product sales increased 16% and contract R&D revenue surged 335% in the quarter. Key profitability metrics remained strong: operating margin 60%, pretax margin 68%, and net margin 54%.
Sustained Cash Generation and Expense Control
Cash flow from operations was $12.2 million for the first 9 months. Total operating expenses decreased 12% year-over-year (R&D down 9%, SG&A down 19%). Working capital improvements included accounts receivable decreasing $1.1 million and inventories down $177,000 in the 9-month period.
Manufacturing Capacity Expansion Nearing Service
Completed installation and calibration of a new equipment cluster; fixed asset purchases were $2.18 million for the first 9 months (including $1.05 million in the December quarter). New equipment increases capacity and wafer-level chip scale packaging capability, with deposition control to within 1 atomic layer and expected to be placed into service by March 31.
New Product Innovations and R&D Momentum
Announced a new wafer-level chip scale sensor (0.65 mm², ~1/3 size of conventionally packaged version) enabling significant miniaturization and sensitivity benefits. Company reports a continuous flow of new products targeting high-value markets (medical devices, EV/autonomous vehicles, advanced robotics, AIoT).
Customer Traction and Channel Momentum
Executed a 2-year supplier extension with Abbott through Dec 31, 2027 that includes price increases for 2026 and 2027. Distributor sales have picked up (signaling inventory drawdown at distributors and improved end-user demand), and recent trade show activity generated qualified leads.
Expected Tax Credits and Cash Tax Reduction
Company expects a full-year tax rate of 16%–17% in FY2026 due to anticipated advanced manufacturing investment tax credits of $700,000–$1,000,000. Accelerated deductions of previously unamortized R&D expenses are expected to reduce cash taxes for the fiscal year by approximately $1.1 million.
NVEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NVEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 21, 2026 | $67.44 | $75.57 | +12.07% |
Oct 22, 2025 | $68.55 | $70.07 | +2.22% |
Jul 23, 2025 | $77.03 | $60.87 | -20.98% |
May 07, 2025 | $57.12 | $63.61 | +11.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NVE Corporation (NVEC) report earnings?
NVE Corporation (NVEC) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is NVE Corporation (NVEC) earnings time?
NVE Corporation (NVEC) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NVEC EPS forecast?
Currently, no data Available