AI brief of an SEC Form 8-K · NVE CORP /NEW/ (NVEC)

NVE Q2 revenue falls 8% to $5.83 million; net income down 4%; declares $1.00 dividend

Mixed Impact 3 of 5 earnings Written later

NVE Corporation reported results for the quarter ended September 30, 2026, with second-quarter revenue down 8% to $5.83 million and net income down 4% to $3.17 million, or $0.65 per diluted share. For the first six months of fiscal 2027, revenue rose 36% to $16.9 million and net income rose 39% to $9.57 million. The board also approved a $1.00 per share quarterly cash dividend, payable November 30, 2026.

Key points

  • Q2 fiscal 2027 total revenue was $5.83 million, down from $6.35 million; product sales fell 9% and contract research and development revenue rose 25%.
  • Q2 net income was $3.17 million, or $0.65 per diluted share, versus $3.31 million, or $0.68 per share, a year earlier.
  • Six-month revenue rose 36% to $16.9 million and six-month net income rose 39% to $9.57 million, or $1.97 per diluted share.
  • Quarterly dividend of $1.00 per share is payable November 30, 2026 to shareholders of record as of November 2, 2026.

The filing

CompanyNVE CORP /NEW/ (NVEC)
Form8-K, current report
Filed with the SECOct 21, 2026, 4:17 PM ET
Accession number0001376474-26-000663

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.