NVE Corp (NVEC) Declares $1.00 Quarterly Dividend; 5.6% Yield

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Go back to NVE Corp (NVEC) Declares $1.00 Quarterly Dividend; 5.6% Yield

NVE Corporation Reports Second Quarter Results and Announces Quarterly Dividend

October 22, 2025 4:05 PM EDT

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- NVE Corporation (Nasdaq: NVEC) announced financial results today for the quarter ended September 30, 2025.

Total revenue for the second quarter of fiscal 2026 decreased 6% to $6.35 million from $6.76 million for the prior-year quarter. The decrease was due to a 68% decrease in contract research and development revenue, partially offset by a 1% increase in product sales. Net income for the second quarter of fiscal 2026 decreased 18% to $3.31 million, or $0.68 per diluted share, compared to $4.03 million, or $0.83 per share, for the prior-year quarter.

For the first six months of fiscal 2026, total revenue... More