Nve Corp.
- NVEC ยท Nasdaq
- Semiconductors & Related Devices
- Eden Prairie, MN
- 42 employees
- CIK 0000724910
Updated from SEC filings through
Top things to know
Executives
- Peter G. Eames president and chief executive officer 8-K, 2026-08-10
- Daniel Nelson Principal Financial Officer 10-K, 2026-05-06
Nve Corp is a U.S. public company in semiconductors & related devices (SIC 3674), headquartered in Eden Prairie, MN. It trades as NVEC on Nasdaq. Revenue was $26.3M in the fiscal year ending March 31, 2026, +1.8% from the year before. It reported about 42 employees. Peter G. Eames is president and chief executive officer.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $26.3M 10-K, 2026-05-06 | $25.9M 10-K, 2026-05-06 | $29.8M 10-K, 2025-05-07 | $38.3M 10-K, 2024-05-01 | $27.0M 10-K, 2023-05-03 |
| Operating income | $15.9M 10-K, 2026-05-06 | $16.0M 10-K, 2026-05-06 | $18.5M 10-K, 2025-05-07 | $25.6M 10-K, 2024-05-01 | $16.3M 10-K, 2023-05-03 |
| SG&A | Not on file | Not on file | Not on file | Not on file | $1.5M 10-K, 2022-05-04 |
| Net income | $15.2M 10-K, 2026-05-06 | $15.1M 10-K, 2026-05-06 | $17.1M 10-K, 2025-05-07 | $22.7M 10-K, 2024-05-01 | $14.5M 10-K, 2023-05-03 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Peter G. Eames | president and chief executive officer | 8-K, 2026-08-10 |
| Caroyln W. Valentine | Compensation and Nominating/Corporate Governance committees | 8-K, 2026-08-10 |
| Daniel Nelson | Principal Financial Officer | 10-K, 2026-05-06 |
| Terrence W. Glarner | Director and Chairman of the Board | 10-K, 2026-05-06 |
| James W. Bracke | Director | 10-K, 2026-05-06 |
| Kelly Wei | Director | 10-K, 2026-05-06 |
| Patricia M. Hollister | Director | 10-K, 2026-05-06 |
What Nve Corp does
NVE Corporation, referred to as NVE, we, us, or our, develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. We manufacture high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.
Shares and governance
| Shares outstanding | 4.8 million (as of September 30, 2026) | 10-Q, October 21, 2026 |
|---|---|---|
| Public float | $217M (as of September 30, 2025) | 10-K, May 6, 2026 |
| Reportable segments | 1 (period ending March 31, 2022) | 10-K, May 4, 2022 |
| Latest proxy statement | Meeting March 31, 2026 (filed June 22, 2026) | DEF 14A, June 22, 2026 |
| Auditor | Boulay PLLP (Minneapolis, Minnesota) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 8, 2026 | Daniel A. Baker Director | Sale | 21,140 | $2.1M | Form 4, September 9, 2026 |
| August 27, 2026 | Daniel A. Baker Director | Sale | 5,731 | $623K | Form 4, August 27, 2026 |
| August 17, 2026 | Daniel A. Baker Director | Sale | 1,500 | $182K | Form 4, August 19, 2026 |
| July 29, 2026 | Daniel A. Baker President & CEO | Sale | 20,000 | $2.3M | Form 4, July 29, 2026 |
| January 29, 2026 | Daniel A. Baker President & CEO | Sale | 1,258 | $93K | Form 4, January 29, 2026 |
Recent 8-K events
- 8-K filed 2026-10-21
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-08-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-07-22
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-06-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 8.01 Other events
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-01-21
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2025-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2025-08-12
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2025-07-23
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2025-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
Frequently asked questions about Nve Corp
- What does Nve Corp do?
- In its own words, from Item 1 of its 10-K: "NVE Corporation, referred to as NVE, we, us, or our, develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. We manufacture high-performance spintronic products including sensors and couplers that are used to acquire and transmit data."
- What is Nve Corp's revenue?
- $26.3M for the fiscal year ending March 31, 2026, from its 10-K filed May 6, 2026.
- Is Nve Corp profitable?
- Nve Corp reported net income of $15.2M for the fiscal year ending March 31, 2026.
- How many employees does Nve Corp have?
- About 42 as of March 31, 2026, as stated in its annual report.
- Who is the CEO of Nve Corp?
- Peter G. Eames, president and chief executive officer, as named in a 8-K filed August 10, 2026.
- Where is Nve Corp headquartered?
- Eden Prairie, MN.
- What is Nve Corp's stock ticker?
- NVEC on Nasdaq.
- What industry is Nve Corp in?
- Semiconductors & Related Devices, SIC code 3674.
- What is Nve Corp's website?
- nve.com.
- When does Nve Corp report earnings next?
- January 20, 2027. Source: estimate_8k_pattern.
- Is Nve Corp a public company?
- Yes. Nve Corp files with the SEC under CIK 0000724910 and trades as NVEC.
- Who audits Nve Corp?
- Boulay PLLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- How many shares of Nve Corp are outstanding?
- 4.8 million shares as of September 30, 2026, from its 10-Q filed October 21, 2026.
- What is Nve Corp's public float?
- $217M as of September 30, 2025, as reported on the cover of its 10-K filed May 6, 2026.
- How many business segments does Nve Corp report?
- 1 reportable segment for the period ending March 31, 2022, from its 10-K filed May 4, 2022.
- When is Nve Corp's annual shareholder meeting?
- March 31, 2026, per its proxy statement (DEF 14A) filed June 22, 2026.
- Have Nve Corp insiders traded stock recently?
- Since January 29, 2026, officers and directors reported 5 open-market sales worth about $5.3M and 0 purchases on Forms 4 and 5. The most recent: Daniel A. Baker (Director) sold 21,140 shares on September 8, 2026.