NVE Corp Reports 4% Sequential Revenue Increase, 6% YoY Decline, and Strategic Initiatives for Growth

NVE Corp's Q2 2026 revenue increased 4% sequentially but decreased 6% YoY. Product sales rose 1% YoY, while contract R&D revenue dropped 68%. Gross margin decreased to 78% from 86% in the prior year quarter. Net income fell to $3.31 million from $4.03 million in the prior year quarter. Operating margin was 58%, and net margin was 52%.