NVE Q1 EPS rises to $1.32, sales jump 80.89% to $11.034M

NVE reported a significant increase in its financial performance for the first quarter, with earnings per share rising to $1.32. This figure represents a 78.38% increase compared to earnings of $0.74 per share from the same period last year. The company also reported a substantial rise in revenue, driven by strong operational activity during the quarter.

Sales for the period reached $11.034 million, marking an 80.89% increase over sales of $6.100 million recorded in the comparable prior-year period. The growth in both earnings and sales highlights the company's ability to expand its market presence and improve profitability year-over-year.

Financial Performance Summary

The following table outlines the key financial metrics reported by NVE for the quarter compared to the previous year:

Metric	Current Quarter	Prior Year Quarter	Change
Earnings Per Share	$1.32	$0.74	78.38%
Sales	$11.034 million	$6.100 million	80.89%

The double-digit percentage growth across both the top and bottom lines reflects the effectiveness of NVE's business strategies in the current market environment.

NVE Corporation will release its financial results for the quarter ended June 30, 2026, on Wednesday, July 22, 2026, after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time to discuss the performance.

The quarterly call will be webcast live in a listen-only mode through the Investor Events page of NVE’s Website. An archive of the call will also be available on NVE’s Website for those unable to attend the live session.

Participants can dial into the conference call by calling 419-945-6082 and entering Meeting PIN: 320 883 894#. Parties may request to ask questions on the call by dialing in or logging into the provided Google Meet link.

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.

Statements related to future plans, events, financial results, or performance are forward-looking statements subject to risks and uncertainties. These include the risk factors listed in NVE's filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended March 31, 2026.