Filing Flows › NVE (NVEC) › Q1 FY27 › vs Q4 FY26
NVE (NVEC) Q1 FY27 vs Q4 FY26 (quarter over quarter)
NVE's revenue rose $3.4M (+44%) from $7.7M in Q4 FY26 to $11.0M in Q1 FY27. Gross margin 81.3% against 77.7% (+3.6 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 81.3% | 77.7% | +3.6 pts |
| Operating margin | 65.8% | 61.9% | +4.0 pts |
| Net margin | 57.9% | 64.4% | -6.4 pts |
| Free cash flow margin | 9.8% | 162.1% | -152.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $11.0M | $7.7M | $3.4M | +44% |
| Gross profit | $9.0M | $5.9M | $3.0M | +51% |
| Cost of revenue | $2.1M | $1.7M | $360K | +21% |
| Other income, net | $450K | $447K | $2K | +0.6% |
| Operating profit | $7.3M | $4.7M | $2.5M | +53% |
| Operating expenses | $1.7M | $1.2M | $488K | +40% |
| Pre-tax earnings | $7.7M | $5.2M | $2.5M | +49% |
| Research & development | $947K | $771K | $175K | +23% |
| Other operating costs | $756K | $443K | $312K | +71% |
| Net earnings | $6.4M | $4.9M | $1.5M | +30% |
| Income tax | $1.3M | $254K | $1.1M | +420% |
| Depreciation | $232K | $191K | $41K | +22% |
| Share-based compensation | $14K | $0 | $14K | — |
| Working capital & other | $1.3M | $633K | $701K | +111% |
| Operating cash flow | $5.3M | $4.5M | $820K | +18% |
| Free cash flow (OCF − capex) | $1.1M | $12.4M | −$11.3M | -91% |
| Capital expenditures | $4.2M | −$7.9M | $12.2M | — |
Questions
How much did NVE's revenue grow quarter over quarter in Q1 FY27?
NVE's revenue rose $3.4M (+44%) from $7.7M in Q4 FY26 to $11.0M in Q1 FY27. Gross margin 81.3% against 77.7% (+3.6 pts).