NVE Corp
nve.comWhat Do They Do?
Sells magnetic sensors, data couplers, and power-conversion components for factory automation, medical devices, and energy-conversion systems.
10-K for FY2026, filed May 6, 2026Our sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed. GMR or TMR…View ↗
Our primary custom products are sensors for medical devices, which are customized to our customers’ requirements and manufactured under…View ↗
Our spintronic couplers combine a GMR sensor element and an integrated microscopic coil. The coil creates a small magnetic field that is…View ↗
Power products include voltage regulators, interface ICs, DC-to-DC convertors, and products that combine couplers and DC-to-DC convertors…View ↗
How Do They Make Money?
Customers and distributors pay for products when they ship or are delivered; research customers pay as work progresses under their contracts.
10-K for FY2026, filed May 6, 2026Percentage of Revenue Year Ended March 31, Year- to-Year 2026 2025 Change Revenue Product sales 95.8 % 95.2 % 2.4 % Contract research and…View ↗
We recognize revenue from product sales to customers and distributors when we satisfy our performance obligation, at a point in time, on…View ↗
We recognize contract research and development revenue as the performance obligations are satisfied. Contracts have specifications unique…View ↗
$26.3M
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10-K for FY2026, filed May 6, 2026
$26.3M ↗
Who Are Their Customers?
Distributors stock and resell NVE products; the company also distributes some products under private-brand arrangements with integrated device makers. Medical-device customers specify custom sensors.
10-K for FY2026, filed May 6, 2026
Do Revenues Turn Into Profits?
Yes. It kept 58 cents of every revenue dollar as net income in FY2026 and turned 55 cents into free cash flow.
10-K for FY2026, filed May 6, 2026
10-K for FY2026, filed May 6, 2026
$15.9MView ↗
10-K for FY2026, filed May 6, 2026
$15.2MView ↗
10-K for FY2026, filed May 6, 2026
$14.5MView ↗
How Are They Changing?
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Aug 10, 2026
Peter G. Eames became CEO as Daniel A. Baker retired
Baker was reelected to the board and elected chairman.
Sources
8-K, filed Aug 10, 2026
In accordance with the Company’s CEO succession plan described in our Proxy Statement on Schedule 14A and Item 5.02 of our Current Report…View ↗
Flat. Revenue was $26.3M in FY2026, about the same as the $27M of FY2022.
Broader factory-automation markets
The latest report names AIoT for factory automation as a market for standard sensors and couplers; the older report named IIoT for standard sensors and power conversion and IIoT for couplers.
10-K for FY2023, filed May 3, 2023 10-K for FY2026, filed May 6, 2026
Expanded power-products range
The latest report's power-products description includes voltage regulators and interface ICs alongside DC-to-DC converters and combined power-and-data products; the older report describes DC-to-DC converters and combined products.
10-K for FY2023, filed May 3, 2023 10-K for FY2026, filed May 6, 2026Power products include voltage regulators, interface ICs, DC-to-DC convertors, and products that combine couplers and DC-to-DC convertors…View ↗
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