Jeffrey Bernstein

Jeffrey Milton Bernstein

- 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.  **[724910_331e57cb53b24f748820d0196099752a_0]** 
- 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.  **[724910_331e57cb53b24f748820d0196099752a_0]** 
- 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**.  **[724910_331e57cb53b24f748820d0196099752a_0]** 
- 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.  **[724910_331e57cb53b24f748820d0196099752a_0]**

NVE Corporation Reports Second Quarter Fiscal 2026 Results and Declares Quarterly Dividend

- **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.  **[724910_0001376474-25-000856_nve_ex99.htm:0]** 
- **Net income** for Q2 FY2026 **decreased 18%** to **$3.31 million**, or **$0.68 per diluted share**, compared to the prior-year quarter.  **[724910_0001376474-25-000856_nve_ex99.htm:0]** 
- 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.  **[724910_0001376474-25-000856_nve_ex99.htm:0]** 
- 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.  **[724910_0001376474-25-000856_nve_ex99.htm:0]** **[724910_0001376474-25-000856_nvec-20251022_8k.htm:2]** 
- NVE President and CEO noted a **4% sequential increase in revenue** for the quarter, driven by strong increases in distributor and non-defense sales.  **[724910_0001376474-25-000856_nve_ex99.htm:0]**

NVE CORP /NEW/ (NVEC)