Every 8-K that NVE Corp (NVEC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NVEC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NVEC filings page.
NVE Corporation held its 2026 Annual Meeting of Shareholders on August 6, 2026. Shareholders voted on three proposals: election of seven directors, advisory approval of named executive officer compensation, and ratification of Boulay PLLP as independent registered public accounting firm for the fiscal year ending March 31, 2027. There were 4,837,166 shares of common stock entitled to vote and a majority was represented.
All seven director nominees, including Daniel A. Baker, Peter G. Eames, and Carolyn W. Valentine, were elected. The advisory vote on executive compensation passed with 3,011,073 votes for, and the auditor ratification received 3,876,455 votes for. In line with a previously described CEO succession plan, Daniel A. Baker retired as president and chief executive officer effective at the meeting, was reelected to the board, and became chairman. Peter G. Eames joined the board and was appointed president and chief executive officer, while Carolyn W. Valentine joined the board and was appointed to the Compensation and Nominating/Corporate Governance committees, increasing the board from five to seven directors.
NVE Corporation reported very strong results for the quarter ended June 30, 2026, the first quarter of fiscal 2027. Total revenue increased 81% to $11,034,057 from $6,104,644 in the prior-year quarter, driven by an 82% increase in product sales to $10,734,735 and a 53% increase in contract research and development revenue to $299,322.
Net income rose 79% to $6,394,191, or $1.32 per basic and diluted share, compared with $3,575,818, or $0.74 per share, a year earlier. Gross profit nearly doubled to $8,968,012 from $4,922,121, while operating expenses grew more modestly to $1,702,176. Income from operations was $7,265,836 and income before taxes was $7,715,756.
As of June 30, 2026, total assets were $62,116,940 and shareholders’ equity was $59,779,790, with total liabilities of $2,337,150. The Board approved a quarterly cash dividend of $1.00 per share, payable August 31, 2026 to shareholders of record on August 3, 2026.
NVE Corporation announced a planned leadership transition and board expansion. Daniel A. Baker will retire as President and Chief Executive Officer effective at the Annual Shareholders’ meeting on August 6, 2026, and, pending shareholder approval, remain on the Board as Chairman.
The Board appointed Peter G. Eames, currently Vice President of Advanced Technology, as the next President and Chief Executive Officer effective at that meeting and nominated him to the Board. The Board also nominated current Chairman Terrence W. Glarner to remain a director and first-time nominee Carolyn W. Valentine to join the Board. If shareholders approve all nominees, the Board will increase from five to seven directors.
The Compensation Committee set Dr. Eames’ annual base salary at $260,000 and approved a performance-based compensation plan equal to 0.3% of fiscal 2027 income from operations plus 2% of the increase in income from operations in fiscal 2027 compared to fiscal 2026. Non-employee directors, if elected or reelected, will receive an immediately vested nonqualified option to purchase 1,000 shares, except Dr. Baker, who will not receive this option if reelected.
NVE Corporation reported modest full-year growth and stronger fourth-quarter results, and declared a cash dividend. Fourth-quarter fiscal 2026 revenue rose 5% to $7.65 million, driven by a 6% increase in product sales, while net income grew 27% to $4.93 million, or $1.02 per diluted share. For fiscal 2026, revenue increased 1.8% to $26.3 million and net income edged up 1% to $15.2 million, or $3.14 per diluted share. The Board approved a quarterly cash dividend of $1.00 per share, payable May 29, 2026 to shareholders of record on May 18, 2026. NVE highlighted continued strength in its spintronic sensors and couplers business and noted forward‑looking statement risks, including reliance on several large customers and economic conditions in its end markets.
NVE Corporation reported its financial results for the quarter ended December 31, 2025, through a press release furnished as an exhibit. The detailed numbers are not included in this text, but the update covers the company’s operations and financial condition for that quarter.
The company also announced that its Board of Directors approved a quarterly cash dividend of $1.00 per share of common stock. The dividend is payable on February 27, 2026 to shareholders of record as of February 2, 2026, providing a direct cash return to current investors on the record date.
NVE Corporation filed an amendment detailing a new change to its long-standing Supplier Partnering Agreement with Abbott’s subsidiary Pacesetter, Inc. Amendment No. 12, executed on December 12, 2025, extends the term of the agreement through December 31, 2027. NVE continues to supply products to Abbott under this agreement, which has been updated multiple times since its original January 3, 2006 signing.
The latest amendment also provides for increased pricing for 2026 and 2027, indicating that future product sales under the agreement will be at higher contractual prices during those years. The full text of Amendment No. 12 is included as Exhibit 10.6 with this amended report.
NVE Corporation furnished a press release reporting results for the quarter ended September 30, 2025, and announced a quarterly cash dividend.
The Board approved a $1.00 per share dividend on common stock, payable November 28, 2025 to shareholders of record as of November 3, 2025.
NVE Corporation reported the results of its annual shareholders meeting where votes were taken to elect five directors, to provide advisory approval of named executive officer compensation, and to ratify the appointment of Boulay PLLP as the company’s independent registered public accounting firm. A total of 4,837,166 shares were entitled to vote and a majority was represented at the meeting.
All five incumbent nominees were elected. Vote tallies were: Terrence W. Glarner 2,986,541 for, 283,523 withheld; Daniel A. Baker 3,185,972 for, 84,092 withheld; Patricia M. Hollister 3,030,813 for, 239,251 withheld; James W. Bracke 3,220,647 for, 49,417 withheld; and Kelly Wei 3,226,298 for, 43,766 withheld. The advisory vote on executive compensation passed with 3,171,573 for, 87,852 against, and 10,637 abstentions. The selection of Boulay PLLP as auditor was ratified with 3,871,548 for, 2,794 against, and 11,171 abstentions; the filing notes that abstentions on that proposal were treated as negative votes.