NVE Corp (NAS:NVEC)
$ 133.96 +47.97 (+55.79%) Market Cap: 647.99 Mil Enterprise Value: 629.05 Mil PE Ratio: 36.01 PB Ratio: 11.13 GF Score: 72/100

Q4 2025 NVE Corp Earnings Call Transcript

May 7, 2025 / 09:00 PM GMT
Release Date Price: $60.66 (+0.03%)

Key Points

Positve
  • NVE Corp (NVEC) reported a 3% year-over-year increase in revenue and a 44% sequential revenue growth for the quarter.
  • Gross margin increased to 79% from 76% due to a more profitable product mix and a larger portion of direct sales.
  • Net income for the fourth quarter increased by 2% to $3.89 million, indicating improved profitability.
  • The company has a strong operating margin of 58% and a net margin of 54% for the quarter.
  • NVE Corp (NVEC) has successfully expanded its manufacturing capacity and capabilities, including new equipment deployment.
Negative
  • Total expenses increased by 17% for the fourth quarter, driven by a 28% increase in R&D expenses.
  • For the fiscal year, revenue decreased by 13% due to declines in the first three quarters.
  • Net income for the fiscal year was down 12% to $15.1 million, reflecting a challenging industry environment.
  • The company plans significant capital expenditures of $2 to $3 million for fiscal 2026, which could impact cash flow.
  • Accounts receivable increased by $444,000, indicating potential delays in customer payments.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NVEC.OQ - NVE Corp
Q4 2025 NVE Corp Earnings Call
May 07, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to the NVE Corporation conference call for the quarter and fiscal year ending March 31st, 2025.

I'm Dan Baker, NVE's President and CEO. I'm joined as usual by Controller and principal Financial Officer Daniel Nelson.

This call is being webcast live via YouTube and Amazon Chime and being recorded. A replay will be available through our website, NVE.com, and our YouTube channel, YouTube.com/NVE Corporation.

All participants are currently in a listen-only mode.

After our presentation, there'll be a question and answer session. After my opening comments, Daniel Nelson will present our financial results. I'll cover tariffs, manufacturing, R&D, and sales and marketing, and then we'll open the
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