Filing Flows › NVE (NVEC) › Q4 FY25
NVE (NVEC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed May 7, 2025
NVE (NVEC) reported revenue of $7.3M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +44% from the quarter before. Operating margin was 58.4%, net earnings $3.9M (53.5% of revenue).
NVE, Q4 FY25: revenue $7.3M (+3% year over year), operating margin 58.4%, net earnings $3.9M, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | +44% | +3% |
| Gross profit | $5.8M | +35% | +8% |
| Operating profit | $4.2M | +43% | +5% |
| Net earnings | $3.9M | +28% | +2% |
| Operating cash flow | $2.5M | -35% | -21% |
| Free cash flow | $2.4M | -37% | -24% |
What changed
Revenue was $7.3M in Q4 FY25, up 3% year over year and up 44% from the previous quarter.
Gross margin was 79.2%, up 3.7 points from a year earlier. Operating profit was $4.2M, a 58.4% margin (up 1.1 points year over year). Of the extra revenue versus a year earlier, 101% reached operating profit, above the 57% margin then. Operating expenses grew 17% against revenue growth of 3%. The fastest-growing cost line was Research & development (+28%). Net earnings were $3.9M, up 2% year over year. The effective tax rate was 17.6%.
Operating cash flow was $2.5M (down 21% year over year), 64% of net earnings. Non-cash charges added back $82K of depreciation. Working capital and other items used $1.5M. Capital expenditures of $94K left free cash flow of $2.4M.
Questions
What was NVE's revenue in the fourth quarter fiscal 2025?
NVE (NVEC) reported revenue of $7.3M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +44% from the quarter before.
Was NVE profitable in the fourth quarter fiscal 2025?
Operating profit was $4.2M (58.4% of revenue) and net earnings $3.9M.
Source: NVE 10-K on SEC EDGAR.