Short answer
NVE CORP /NEW/ (NVEC) filed its Q3 2025 10-Q quarterly report on Oct 22, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $6M (down 6.1% year over year) with net income of $3M.
Q3 2025 key financials · XBRL
- Revenue
- $6M
- −6.1% YoY · +4.0% QoQ
- Net income
- $3M
- −17.8% YoY · −7.4% QoQ
- Operating margin
- 57.6%
- Gross margin
- 78.3%
- EPS (diluted)
- $0.68
- −18.1% YoY · −8.1% QoQ
Source: XBRL data from the NVE CORP /NEW/ (NVEC) Q3 2025 10-Q on SEC EDGAR. USD.
NVE CORP /NEW/ Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $10.0 million, down 6% YoY, with product sales up 1% and contract R&D revenue down 68%
- Gross margin 78% vs 86% YoY; net margin 52.2% vs 59.6%
- Best performer: nondefense product sales increased significantly; worst: contract R&D revenue, down 68%
- Cash $5.1 million vs $8.0 million at March 31, 2025; operating cash flow $8.0 million
- $9.7 million dividends paid; $1.0–$1.5 million additional production-equipment purchases expected
- Fiscal 2026 tax rate outlook 16%–17%; defense sales remain volatile and tariff risks persist
Risk Factors
- No material changes from risks disclosed in the March 31, 2025 Form 10-K
- No newly triggered risk factors identified this quarter
- No updated regulatory, legal, or compliance risks disclosed
- No changed operational, competitive, market, liquidity, debt, currency, or concentration risks disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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