NVE Corporation
NVEC
Rank in Stocks
#13459
NVE Corporation develops and sells devices that use spintronics, a... NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic or metallic materials, which help determine position, rotation, or speed in the factory automation market. In addition, the company offers custom and medical sensors for medical devices, intended to replace electromechanical magnetic switches. Further, the company provides spintronic couplers for power conversion and industrial Internet of Things (IIoT) markets, as well as DC-to-DC converters for use in power conversion systems and industrial networks for the IIoT and MRAM products. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Share Price
$80.16
Last synced: 2026-11-09
Market Cap
$388.30M
Change (1 day)
5.50%
Change (1 year)
26.60%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
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Category
Technology
Earnings for NVE Corporation (NVEC)
Earnings in Sep 2026 TTM: $20.79M
According to NVE Corporation's latest financial reports, its current earnings (TTM) are $20.79M. In 2025 the company earned $18.04M, a decrease compared to its 2024 earnings of $20.47M. The earnings shown on this page are earnings before interest and taxes, or EBIT.
Earnings history for NVE Corporation from 2000 to 2026
Earnings at the end of each year
| Year | Earnings | Change |
|---|---|---|
| 2026 (TTM) | $20.79M | 15.23% |
| 2025 | $18.04M | -11.87% |
| 2024 | $20.47M | -24.45% |
| 2023 | $27.09M | 54.82% |
| 2022 | $17.50M | 22.88% |
| 2021 | $14.24M | -17.69% |
| 2020 | $17.30M | -2.30% |
| 2019 | $17.71M | -11.49% |
| 2018 | $20.01M | 4.78% |
| 2017 | $19.10M | 5.06% |
| 2016 | $18.18M | -15.22% |
| 2015 | $21.44M | 29.81% |
| 2014 | $16.52M | -5.93% |
| 2013 | $17.56M | 5.61% |
| 2012 | $16.62M | -15.58% |
| 2011 | $19.69M | 9.91% |
| 2010 | $17.92M | 24.18% |
| 2009 | $14.43M | 30.21% |
| 2008 | $11.08M | 54.06% |
| 2007 | $7.19M | 153.16% |
| 2006 | $2.84M | 75.37% |
| 2005 | $1.62M | -13.59% |
| 2004 | $1.87M | 189.82% |
| 2003 | $646.85K | -130.80% |
| 2002 | $-2.10M | -1,750.54% |
| 2001 | $127.26K | -97.42% |
| 2000 | $4.94M | 0.00% |
Earnings for similar companies or competitors
| Company | Earnings | Earnings Difference | Country |
|---|---|---|---|
| $229.74B | 1,105,222.82% |
US
|
|
| $94.27B | 453,449.01% |
TW
|
|
| $40.47B | 194,600.66% |
US
|
|
| $8.11B | 38,913.26% |
US
|
|
| $99.73B | 479,711.64% |
US
|
Questions about NVE Corporation's net income
What is NVE Corporation's net income?
NVE Corporation's net income over the last twelve months is $20.79M, as of Sep 2026.
What was NVE Corporation's net income in 2025?
In 2025, NVE Corporation's net income was $18.04M, 11.87% less than in 2024 ($20.47M).
How has NVE Corporation's net income changed since 2020?
From 2020 to 2025, NVE Corporation's net income went from $17.30M to $18.04M, an average growth of 0.84% a year.
How does NVE Corporation's net income compare with similar companies?
NVE Corporation's net income ($20.79M) is lower than that of all 5 similar companies listed above. The highest among them is NVIDIA Corporation, with $229.74B.