Filing Flows › NVE (NVEC) › Q1 FY27 › vs Q1 FY26
NVE (NVEC) Q1 FY27 vs Q1 FY26 (year over year)
NVE's revenue rose $4.9M (+81%) from $6.1M in Q1 FY26 to $11.0M in Q1 FY27. Gross margin 81.3% against 80.6% (+0.6 pts).
NVE, Q1 FY27: revenue $11.0M (+81% year over year), operating margin 65.8%, net earnings $6.4M, operating cash flow $5.3M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 81.3% | 80.6% | +0.6 pts |
| Operating margin | 65.8% | 62.0% | +3.9 pts |
| Net margin | 57.9% | 58.6% | -0.6 pts |
| Free cash flow margin | 9.8% | -80.6% | +90.3 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $11.0M | $6.1M | $4.9M | +81% |
| Gross profit | $9.0M | $4.9M | $4.0M | +82% |
| Cost of revenue | $2.1M | $1.2M | $884K | +75% |
| Other income, net | $450K | $499K | −$49K | -10% |
| Operating profit | $7.3M | $3.8M | $3.5M | +92% |
| Operating expenses | $1.7M | $1.1M | $563K | +49% |
| Pre-tax earnings | $7.7M | $4.3M | $3.4M | +80% |
| Research & development | $947K | $720K | $226K | +31% |
| Other operating costs | $756K | $419K | $337K | +80% |
| Net earnings | $6.4M | $3.6M | $2.8M | +79% |
| Income tax | $1.3M | $706K | $615K | +87% |
| Depreciation | $232K | $85K | $147K | +172% |
| Share-based compensation | $14K | $7K | $7K | +105% |
| Working capital & other | $1.3M | −$1.5M | $2.9M | — |
| Operating cash flow | $5.3M | $5.2M | $116K | +2% |
| Free cash flow (OCF − capex) | $1.1M | −$4.9M | $6.0M | — |
| Capital expenditures | $4.2M | $10.1M | −$5.9M | -58% |
Questions
How much did NVE's revenue grow year over year in Q1 FY27?
NVE's revenue rose $4.9M (+81%) from $6.1M in Q1 FY26 to $11.0M in Q1 FY27. Gross margin 81.3% against 80.6% (+0.6 pts).