Earnings summaries and quarterly performance for NVE CORP /NEW/.
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NVE Corporation Reports Second Quarter Fiscal 2026 Results and Declares Quarterly Dividend
NVEC
Earnings
Dividends
Demand Weakening
- NVE Corporation reported a 6% decrease in total revenue to $6.35 million and an 18% decrease in net income to $3.31 million, or $0.68 per diluted share, for the second quarter of fiscal 2026 compared to the prior-year quarter.
- For the first six months of fiscal 2026, total revenue decreased 8% to $12.5 million, and net income decreased 15% to $6.89 million, or $1.42 per diluted share, compared to the prior-year period.
- The decline in second-quarter revenue was primarily driven by a 68% decrease in contract research and development revenue, partially offset by a 1% increase in product sales; however, the company noted a 4% sequential increase in revenue.
- The company announced a quarterly cash dividend of $1.00 per share, payable on November 28, 2025, to shareholders of record as of November 3, 2025.
Oct 22, 2025, 8:05 PM
NVE Corporation Reports Q2 2026 Results and Declares Quarterly Dividend
NVEC
Earnings
Dividends
Demand Weakening
- NVE Corporation reported a 6% decrease in total revenue to $6.35 million for the second quarter of fiscal 2026, primarily due to a 68% decrease in contract research and development revenue, partially offset by a 1% increase in product sales.
- Net income for Q2 FY2026 decreased 18% to $3.31 million, or $0.68 per diluted share, compared to the prior-year quarter.
- For the first six months of fiscal 2026, total revenue decreased 8% to $12.5 million, and net income decreased 15% to $6.89 million, or $1.42 per diluted share.
- The company announced a quarterly cash dividend of $1.00 per share, payable November 28, 2025, to shareholders of record as of November 3, 2025.
- NVE President and CEO noted a 4% sequential increase in revenue for the quarter, driven by strong increases in distributor and non-defense sales.
Oct 22, 2025, 8:04 PM
Quarterly earnings call transcripts for NVE CORP /NEW/.
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