NVE Corporation’s SEC filings document operating results, dividend actions, material agreements, and shareholder governance for its spintronic products business. Form 8-K reports furnish quarterly and fiscal-year financial results and record board-approved cash dividends on common stock.
The filing record also includes amendments to a Supplier Partnering Agreement with Abbott for supplied products, annual meeting voting results, and definitive proxy disclosures. Proxy materials cover director elections, advisory executive compensation votes, auditor ratification, equity compensation plan information, security ownership, related-party matters, and corporate governance policies.
NVE Corporation (NVEC), which develops and sells spintronic sensors and couplers, reported second-quarter fiscal 2027 revenue of $5.83 million, down 8.1% from a year earlier. Product sales declined 9.2% as some customer orders were rescheduled and defense-industry sales decreased; contract research and development revenue increased 24.6% as work progressed on existing contracts. Net income was $3.17 million, compared with $3.31 million.
For the six months ended September 30, 2026, revenue rose 35.5% to $16.87 million, and net income increased 38.9% to $9.57 million. Operating activities provided $11.13 million in cash; cash and equivalents were $3.97 million at September 30, and marketable securities and money market funds represented approximately 74% of total assets. NVE declared a $1.00-per-share quarterly dividend payable November 30, 2026, to shareholders of record November 2, 2026. Management expects a 13% to 15% tax rate for the remaining two quarters of fiscal 2027.
NVE Corporation (NVEC) reported second-quarter fiscal 2027 revenue of $5.83 million, down 8% from $6.35 million in the prior-year quarter. Product sales decreased 9%, while contract research and development revenue increased 25%. Net income was $3.17 million, or $0.65 per diluted share, compared with $3.31 million, or $0.68 per diluted share, a year earlier.
For the first six months of fiscal 2027, revenue increased 36% to $16.9 million from $12.5 million, reflecting increases of 35% in product sales and 38% in contract research and development revenue. Net income increased 39% to $9.57 million from $6.89 million, and diluted earnings per share were $1.97 versus $1.42. The board approved a $1.00 quarterly cash dividend per common share, payable November 30, 2026, to shareholders of record November 2, 2026.
At September 30, 2026, NVE reported cash and cash equivalents of $3.97 million, short-term marketable securities of $19.68 million, and long-term marketable securities of $20.74 million. Total assets were $59.86 million and total liabilities were $1.89 million.
NVE CORP (NVEC) director Daniel A. Baker reported selling common stock in two open-market transactions on September 8, 2026. He sold 2,000 shares at $101.00 per share and 19,140 shares at $101.54 per share, all held directly. No Rule 10b5-1 trading plan is reported for these sales.
NVE CORP (NVEC) director Daniel A. Baker reported selling a total of 5,731 shares of common stock in three open-market or private transactions. On August 25, 2026, he sold 1,731 shares at $107.00 per share, and on August 27, 2026, he sold 2,000 shares at $109.00 per share and 2,000 shares at $110.00 per share. All reported holdings are listed as direct ownership; the filing does not state the number of shares held after these sales.
NVE CORP (NVEC) reported an insider transaction by director Wei Xuan Kelly, who disposed of 538 shares of common stock on 2026-08-12 in a disposition to the issuer at $123.00 per share. Following this transaction, the reported direct holdings of common stock are 0 shares.
NVE CORP (NVEC) director Daniel A. Baker reported a sale of common stock. On 2026-08-17, he sold 1,500 shares of NVE CORP common stock at a price of $121.50 per share in an open market or private transaction. After this transaction, he directly owned 44,803 shares of NVE CORP common stock.
NVE CORP (NVEC) reported that director Carolyn Walker Valentine received an automatic grant of a Non-Qualified Stock Option covering 1,000 shares of common stock. The option has an exercise price of $129.43 per share, was granted on August 6, 2026, and expires on August 6, 2036, leaving her with 1,000 derivative shares following the transaction.
NVE Corp director Wei Xuan Kelly received an automatic grant of 1,000 Non-Qualified Stock Options on August 6, 2026 upon her reelection to the Board of Directors. The options have an exercise price of $129.43 per share and expire on August 6, 2036, bringing her reported directly held stock options to 1,500.
HOLLISTER PATRICIA M reported acquisition or exercise transactions in this Form 4 filing.
NVE Corp. director Patricia M. Hollister received a grant of 1,000 Non-Qualified Stock Options on 2026-08-06 as an automatic award upon her reelection to the Board. The options are exercisable at $129.43 per share, expire on 2036-08-06, and increase her directly held option position to 10,000 options.
NVE CORP /NEW/ director James W. Bracke received a grant of 1,000 Non-Qualified Stock Options on 2026-08-06. The options have a conversion or exercise price of $129.43 per share, relate to 1,000 shares of common stock, and expire on 2036-08-06. Following this grant, Bracke holds 6,000 stock options in total. A footnote states the option was granted automatically upon his reelection to NVE’s Board of Directors.