NVE Corp Q1 Revenue Jumps 81% to $11M, Net Income Climbs 79%; $1.00 Dividend Set
NVEC sits 52% above its 52-week low of $57.21.
Summary
NVE Corp posted Q1 FY2027 revenue of $11.0 million (up 81% YoY) and net income of $6.39 million ($1.32 diluted EPS, up 79% YoY), propelled by strong product sales. A $1.00 per share quarterly dividend was also declared.
Key Events · Earnings and Guidance · NVEC
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Revenue Surges 81% to $11.0M
Total revenue for Q1 FY2027 reached $11.0 million, up from $6.1 million in the prior-year quarter, driven by an 82% increase in product sales and a 53% increase in contract R&D revenue.
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Net Income Jumps 79% to $6.39M
Net income rose to $6.39 million, or $1.32 per diluted share, compared to $3.58 million, or $0.74 per share, a year ago. Gross margin expanded as cost of sales grew slower than revenue.
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$1.00 Per Share Quarterly Dividend Declared
The Board approved a quarterly cash dividend of $1.00 per share, payable August 31, 2026 to shareholders of record as of August 3, 2026, reflecting strong cash generation.
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Strong Balance Sheet with $43.9M in Cash and Securities
As of June 30, 2026, the company held $2.9 million in cash and $41.0 million in marketable securities, providing ample liquidity to fund operations and dividends.
Analysis · NVEC · Manufacturing
Exceptional Q1 FY2027 results underscore a sharp operational turnaround for NVE Corp. Revenue nearly doubled year-over-year to $11.0 million, while net income surged 79% to $6.39 million, or $1.32 per diluted share. An 82% leap in product sales—fueled by robust semiconductor demand and successful new product introductions—drove the top line. The Board also declared a $1.00 per share quarterly dividend, signaling confidence in cash generation and a commitment to shareholder returns. This performance marks a stark acceleration from the modest growth and margin pressures highlighted in the recent 10-K, suggesting the business has turned a corner.
At the time of this filing, NVEC was trading at $86.68 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $419.3M. The 52-week trading range was $57.21 to $121.20. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.