Filing Flows › NVE (NVEC) › Q3 FY26
NVE (NVEC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jan 21, 2026
NVE (NVEC) reported revenue of $6.2M for the third quarter fiscal 2026 (Q3 FY26), +23% from a year earlier and -2% from the quarter before. Operating margin was 60.2%, net earnings $3.4M (54.4% of revenue).
NVE, Q3 FY26: revenue $6.2M (+23% year over year), operating margin 60.2%, net earnings $3.4M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.2M | -2% | +23% |
| Gross profit | $4.9M | -2% | +15% |
| Operating profit | $3.7M | +2% | +26% |
| Net earnings | $3.4M | +2% | +11% |
| Operating cash flow | $4.2M | +50% | +9% |
What changed
Revenue was $6.2M in Q3 FY26, up 23% year over year and down 2% from the previous quarter.
Gross margin was 78.6%, down 5.7 points from a year earlier. Operating profit was $3.7M, a 60.2% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 67% reached operating profit, above the 58% margin then. Operating expenses fell 12% while revenue rose 23%. Net earnings were $3.4M, up 11% year over year. The effective tax rate was 19.5%.
Operating cash flow was $4.2M (up 9% year over year), 124% of net earnings. Non-cash charges added back $94K of depreciation and $10K of share-based compensation. Working capital and other items added $700K. Capital expenditures of $9.0M exceeded it, leaving free cash flow of −$4.8M.
Questions
What was NVE's revenue in the third quarter fiscal 2026?
NVE (NVEC) reported revenue of $6.2M for the third quarter fiscal 2026 (Q3 FY26), +23% from a year earlier and -2% from the quarter before.
Was NVE profitable in the third quarter fiscal 2026?
Operating profit was $3.7M (60.2% of revenue) and net earnings $3.4M.
Source: NVE 10-Q on SEC EDGAR.