NVE Corporation 8-K 披露 FY2027 Q2 营收同比降8%、EPS 0.65美元，维持1美元季度股息

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
October 21, 2026
NVE Corporation
(Exact name of registrant as specified in its charter)
Minnesota
000-12196
41-1424202
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
11409 Valley View Road
,
Eden Prairie
,
Minnesota
55344
(
Address of principal executive offices
)
(Zip Code)
Registrant’s telephone number, including area code
(
952
)
829-9217
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $
0.01
par value
NVEC
The NASDAQ Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 2.02. Results of Operations and Financial Condition.
Furnished as Exhibit 99 is a press release of NVE Corporation reporting results for the quarter ended September 30, 2026.
Item 8.01. Other Events.
NVE Corporation announced that its Board of Directors approved a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable November 30, 2026 to shareholders of record as of November 2, 2026.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date
October 21, 2026
NVE CORPORATION
(Registrant)
/s/ DANIEL NELSON
Daniel Nelson
Principal Financial Officer
3
INDEX TO EXHIBITS
Exhibit #
Description
99
Press release of NVE Corporation reporting results for the quarter ended
September
3
0
, 202
6
and announcing a quarterly dividend.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
4

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EX-99.1
2
nve_ex99z1.htm
PRESS RELEASE
Press Release
NVE Corporation Reports Second Quarter Results and Announces Quarterly Dividend
EDEN PRAIRIE, Minn.—October 21, 2026—NVE Corporation (Nasdaq: NVEC) announced financial results today for the quarter ended September 30, 2026.
Total revenue for the second quarter of fiscal 2027 decreased 8% to $5.83 million from $6.35 million for the prior-year quarter. The decrease was due to a 9% decrease in product sales, partially offset by a 25% increase in contract research and development revenue. Net income for the second quarter of fiscal 2027 decreased 4% to $3.17 million, or $0.65 per diluted share, compared to $3.31 million, or $0.68 per share, for the prior-year quarter.
For the first six months of fiscal 2027, total revenue increased 36% to $16.9 million from $12.5 million for the first six months of the prior year. The increase was due to a 35% increase in product sales and a 38% increase in contract research and development revenue. Net income increased 39% to $9.57 million, or $1.97 per diluted share, from $6.89 million, or $1.42 per share, for the first half of fiscal 2026.
The company also announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable November 30, 2026 to shareholders of record as of November 2, 2026.
“We’re pleased to report a 36% increase in revenue for the six months ended September 30, 2026, compared to the prior-year period, despite an 8% decrease in revenue for the second quarter of fiscal 2027 compared to the prior-year quarter,” said NVE President and Chief Executive Officer Peter G. Eames, PhD.
NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.
Statements used in this press release that relate to future plans, events, financial results, or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as our reliance on several large customers for a significant percentage of revenue, uncertainties related to the economic environments in the industries we serve, uncertainties related to future sales and revenues, risks and uncertainties related to tariffs, customs, duties, and other trade barriers, as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2026.
###
Contact:
investor@nve.com
NVE CORPORATION
STATEMENTS OF INCOME
QUARTERS AND SIX MONTHS ENDED SEPTEMBER 30, 2026 AND 2025
(Unaudited)
Quarter Ended September 30,
2026
2025
Revenue
Product sales
$
5,575,282
$
6,138,772
Contract research and development
259,420
208,220
Total revenue, net
5,834,702
6,346,992
Cost of sales
1,270,805
1,378,494
Gross profit
4,563,897
4,968,498
Expenses
Research and development
727,345
873,470
Selling, general, and administrative
630,314
436,919
Total expenses
1,357,659
1,310,389
Income from operations
3,206,238
3,658,109
Interest income
474,727
484,330
Other income
-
3,094
Income before taxes
3,680,965
4,145,533
Provision for income taxes
507,806
834,695
Net income
$
3,173,159
$
3,310,838
Net income per share – basic
$
0.66
$
0.68
Net income per share – diluted
$
0.65
$
0.68
Weighted average shares outstanding
Basic
4,842,050
4,837,166
Diluted
4,850,910
4,839,243
Six Months Ended Sept. 30,
2026
2025
Revenue
Product sales
$
16,310,017
$
12,047,342
Contract research and development
558,742
404,294
Total revenue, net
16,868,759
12,451,636
Cost of sales
3,336,850
2,561,017
Gross profit
13,531,909
9,890,619
Expenses
Research and development
1,673,927
1,593,701
Selling, general, and administrative
1,385,908
855,559
Total expenses
3,059,835
2,449,260
Income from operations
10,472,074
7,441,359
Interest income
924,647
982,538
Other income
-
3,905
Income before taxes
11,396,721
8,427,802
Provision for income taxes
1,829,371
1,541,146
Net income
$
9,567,350
$
6,886,656
Net income per share – basic
$
1.98
$
1.42
Net income per share – diluted
$
1.97
$
1.42
Weighted average shares outstanding
Basic
4,839,621
4,837,166
Diluted
4,848,187
4,839,049
NVE CORPORATION
BALANCE SHEETS
SEPTEMBER 30 AND MARCH 31, 2026
(Unaudited)
September 30,
2026
March 31,
2026
ASSETS
Current assets
Cash and cash equivalents
$
3,969,958
$
1,714,040
Marketable securities, short-term
19,678,659
18,125,060
Accounts receivable, net of allowance for credit losses of $15,000
3,005,928
3,408,941
Inventories, net
6,860,310
7,082,821
Prepaid expenses and other assets
1,541,483
1,860,415
Total current assets
35,056,338
32,191,277
Fixed assets
Machinery and equipment
13,925,767
13,843,799
Leasehold improvements
2,059,853
2,059,853
15,985,620
15,903,652
Less accumulated depreciation and amortization
12,652,165
12,187,643
Net fixed assets
3,333,455
3,716,009
Marketable securities, long-term
20,739,953
23,678,452
Right-of-use asset – operating lease
732,004
793,794
Total assets
$
59,861,750
$
60,379,532
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable
$
252,399
$
278,599
Accrued payroll and other
751,695
697,611
Operating lease
202,612
165,116
Total current liabilities
1,206,706
1,141,326
Deferred tax liabilities
9,990
248,284
Long-term operating lease liability
668,708
740,423
Total liabilities
1,885,404
2,130,033
Shareholders’ equity
Common stock
48,441
48,372
Additional paid-in capital
20,175,512
19,914,769
Accumulated other comprehensive loss
(452,080
)
(32,010
)
Retained earnings
38,204,473
38,318,368
Total shareholders’ equity
57,976,346
58,249,499
Total liabilities and shareholders’ equity
$
59,861,750
$
60,379,532