NVE Corporation
NVE Corporation is a NASDAQ-listed designer and manufacturer of spintronic GMR and TMR magnetic sensors, IsoLoop digital isolators, and power ICs, serving industrial, medical, automotive, communications, and defense customers from Eden Prairie, Minnesota.
- Company typePublic
- Founded1989
- HeadquartersEden Prairie, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What NVE Corporation does
NVE Corporation is a U.S.-based, NASDAQ-listed (NVEC) designer and manufacturer of spintronic components founded in 1989 and headquartered in Eden Prairie, Minnesota. The company commercializes Giant Magnetoresistance (GMR) and Tunnel Magnetoresistance (TMR) technology — physics that exploits electron spin rather than electron charge — to produce magnetic sensors, digital isolators, power ICs, and magnetoresistive random-access memory (MRAM) intellectual property. Its sensors are sold in analog, digital, angle/rotation, current, gear-tooth, medical, and smart variants, while its IsoLoop isolator family covers low-power, transceiver, cost-optimized, passive-input, high-speed, and high-voltage (up to 7 kV) product tiers for RS-485, CAN, I2C, SPI, USB, and PLC interfaces.
NVE sells primarily to industrial, medical, automotive, communications, and defense customers, with one customer accounting for 37% of total revenue (likely Abbott Laboratories, whose supply agreement was extended through December 2027). Distribution combines a direct e-commerce webstore with a global authorized distributor network; in April 2026, Semitech was appointed as authorized distributor for isolation products, providing access to 14,000+ end customers. Pricing is unit-based with published volume tiers (e.g., the IL3022E ranges from $4.71 at 1-9 units to $3.41 at 500+ units); no subscription or recurring pricing model exists. In fiscal 2026, NVE generated $26.3 million in total revenue and $15.2 million in net income (a 57.8% net margin), with Q4 FY2026 non-defense product sales up 34% year-over-year and Q3 FY2026 contract R&D revenue up 335% year-over-year.
NVE Corporation firmographics
Firmographics- Name
- NVE Corporation
- Legal name
- NVE Corporation
- Website
- https://nve.com
- Company type
- Public
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- NVE Corporation is a NASDAQ-listed designer and manufacturer of spintronic GMR and TMR magnetic sensors, IsoLoop digital isolators, and power ICs, serving industrial, medical, automotive, communications, and defense customers from Eden Prairie, Minnesota.
- Ownership category
- akta.pro rank
NVE Corporation industry classification
Industry- Product category
- Spintronic Components and Magnetic Sensors
- NAICS
- Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing (334416), Other Electronic Component Manufacturing (334419)
- SIC
- Semiconductors & Related Devices (3674), Electronic Coils, Transformers & Other Inductors (3677)
- akta.pro primary industry
- Magnetic Sensors (Hall/Magnetoresistive/Compass) (HDAHALAC)
- akta.pro secondary industries
- Transformers & Magnetics (Power/Signal) (HDAHANAD), Automotive Power Electronics & Inverters/Converters Manufacturing (IMACAJAE)
Keywords
Where NVE Corporation is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NVE Corporation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Product Sales: Sale of spintronic sensors (GMR, TMR), digital isolators, and power ICs to industrial, medical, automotive, and communications customers. FY2026 product sales were $25.2 million on total revenues of $26.3 million. A single customer represents 37% of total revenues.
- Contract R&D: Contract research and development services. Q3 FY2026 saw a 335% surge in contract R&D revenue, demonstrating growth in this revenue stream alongside product sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | IL422E isolated RS422 transceiver pricing by volume tier |
| Unit Pricing | Pay-as-you-go | IL3022E low-cost isolated RS422 transceiver pricing by volume tier |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
NVE Corporation product offering
Product offeringCore offering
NVE Corporation manufactures and sells spintronic products including GMR (Giant Magnetoresistance) and TMR (Tunnel Magnetoresistance) magnetic sensors, IsoLoop digital isolators for galvanic isolation, power ICs, and MRAM intellectual property. These products are used by industrial, medical, automotive, communications, and defense customers to acquire, store, and transmit data with smaller, faster, more precise, lower-power, and more rugged performance than conventional devices.
Product overview
NVE Corporation is a leader in practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company's product portfolio consists of three core product lines: (1) Spintronic Sensors including GMR (Giant Magnetoresistive) and TMR (Tunneling Magnetoresistive) sensors with various form factors for analog, digital, angle/rotation, current, gear tooth, medical, and smart sensing applications; (2) IsoLoop Isolators providing digital isolation solutions across multiple series (IL01x low-power, IL400/IL3000 transceivers, IL500 cost-optimized, IL600 passive-input, IL700/IL200 digital input, IL800 premium, and V Series high-voltage up to 7kV); and (3) Power ICs including voltage regulators and DC-to-DC converters with integrated isolation. The company also offers evaluation kits and supporting tools for product development.
Differentiator
Problem solved
Functional benefit
Brands
- IsoLoop: Digital isolation product line including isolators and couplers
- GMR Switch
- GT Sensor
- AT-MRAM
Products and services
- GMR Sensors Giant Magnetoresistive (GMR) sensors that detect magnetic fields for position sensing, current sensing, and proximity detection in industrial, automotive, aerospace, and medical applications.
- TMR Sensors Tunneling Magnetoresistive (TMR) sensors offering higher sensitivity and precision than GMR, used in precision position sensing, angular measurement, and magnetic encoding applications.
- Isolators (IsoLoop) Digital isolation products using spintronic technology for galvanic isolation in data transmission, providing superior speed, reliability, and lifetime compared to optocouplers. The IsoLoop family includes IL01x low-power, IL400/IL3000 transceivers, IL500 cost-optimized, IL600 passive-input, IL700/IL200 digital input, IL700S ultra-high-speed, IL700T high-temperature, IL800 premium, IL3100 passive-in transceivers, and V Series high-voltage (up to 7 kV) isolators.
- Power ICs Voltage regulators, DC-to-DC converters, and power management ICs integrated with isolation technology for power electronics applications.
- Medical Sensors Specialized magnetic sensors for medical device applications requiring high reliability and precision in diagnostic and therapeutic equipment, with EU MDR Declaration of Compliance.
- Evaluation Kits Evaluation boards and kits for testing and prototyping with NVE sensors, isolators, and power ICs.
- Angle & Rotation Sensors Magnetic angle sensors for non-contact rotation and angle measurement in motor control, robotics, and positioning systems.
- Current Sensors Magnetic current sensors using GMR or TMR technology for non-contact current measurement in power electronics and battery management systems.
- Gear Tooth (GT) Sensors Magnetic sensors designed for gear tooth detection in speed and position sensing for automotive, industrial machinery, and robotics applications.
- Wafer-Level Chip Scale Sensor (0.65mm) A new wafer-level chip scale spintronic sensor measuring just 0.65mm square, announced during Q3 FY2026 earnings.
- Contract Research and Development Services Contract research and development services leveraging NVE's spintronics expertise; Q3 FY2026 saw a 335% surge in contract R&D revenue.
- Smart Sensors Intelligent sensors with integrated signal processing, I2C/SPI interfaces, and programmable features for advanced sensing applications.
Quantifiable outcome
- 57.8% net margin (fiscal 2026 net income of $15.2 million on $26.3 million revenue)
- +4 more outcomes
Companies that use NVE Corporation
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles5 records
NVE Corporation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
NVE Corporation partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and major.
- Semitech IncorporatedcoreSemitech, a New Jersey-based global stocking distributor of electronic components, was appointed as an authorized distributor for NVE Corporation's portfolio of isolation products. Through this partnership, Semitech offers NVE's digital isolation solutions to its more than 14,000 clients across industrial, medical, automotive, and communications sectors. The agreement is positioned to expand customer sourcing options and accelerate adoption of NVE isolator products in the U.S. market.
- Abbott LaboratoriesmajorNVE extended its supplier partnership agreement with Abbott Laboratories for two years through December 2027. Abbott represents a significant customer, with one single customer (likely Abbott) representing 37% of NVE's total revenues.
Scale indicators12 records
Recent moves7 records
Expansion highlights5 records
NVE Corporation competitors and assessment
Company assessmentDirect peers
- Texas Instruments: Texas Instruments is a leading manufacturer of digital isolators (ISO series) and a broad analog semiconductor incumbent. It directly competes with NVE's IsoLoop isolator family in industrial, automotive, and communications applications, and has substantially greater scale and integrated reference design ecosystems.
- Silicon Laboratories: Silicon Labs offers digital isolators as part of its mixed-signal portfolio for industrial and automotive applications, directly competing with NVE's IsoLoop product family in isolated serial interface and PLC use cases.
- Everspin Technologies: Everspin Technologies is the leading pure-play MRAM (Magnetoresistive RAM) company, the most direct competitor to NVE in spintronic memory IP and products. Both companies pursue commercialization of MRAM technology for non-volatile memory applications.
- Infineon Technologies: Infineon is a leading supplier of magnetic position and angle sensors (including TMR-based sensors from its SensoNor acquisition) for automotive and industrial applications, directly competing with NVE's GMR/TMR sensor portfolio in EV and motor control use cases.
- Allegro MicroSystems: Allegro MicroSystems specializes in magnetic sensors and motor driver ICs for automotive, industrial, and consumer applications. Its portfolio of Hall-effect and TMR magnetic position and current sensors directly overlaps with NVE's automotive-targeted sensor products.
- TDK (InvenSense / TDK-Micronas): TDK, through its InvenSense and TDK-Micronas units, manufactures magnetic position and angle sensors (including TMR and Hall-effect) for automotive and industrial markets, directly competing with NVE's TMR angle and gear-tooth sensors.
Broad incumbents
- STMicroelectronics: STMicroelectronics is a broad semiconductor incumbent with significant positions in magnetic sensors (Hall-effect and magnetoresistive) for automotive and industrial applications, providing competitive alternatives to NVE's sensor portfolio.
- Renesas Electronics: Renesas is a broad semiconductor incumbent with offerings in magnetic position sensors and isolators for automotive and industrial markets, competing with NVE across multiple product lines as part of a much larger integrated portfolio.
- Analog Devices: Analog Devices is a broad analog and mixed-signal semiconductor leader with overlapping offerings in digital isolation (iCoupler) and magnetic/position sensing. While not a direct spintronics specialist, its portfolio overlaps with NVE's isolator and sensor lines across industrial and automotive end markets.
- Honeywell Sensing: Honeywell is a major manufacturer of magnetic sensors (including Hall-effect and magnetoresistive) for industrial, aerospace, and defense applications, providing an established alternative to NVE's sensor products in ruggedized end markets.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
NVE Corporation social profiles
Digital presenceNVE Corporation compliance and trust
Trust signalCompliance11 records
NVE Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
NVE Corporation leadership team
Management profileNumber of profiles
Profiles5 records
NVE Corporation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NVE Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NVE Corporation
What does NVE Corporation do?
NVE Corporation manufactures and sells spintronic products including GMR (Giant Magnetoresistance) and TMR (Tunnel Magnetoresistance) magnetic sensors, IsoLoop digital isolators for galvanic isolation, power ICs, and MRAM intellectual property. These products are used by industrial, medical, automotive, communications, and defense customers to acquire, store, and transmit data with smaller, faster, more precise, lower-power, and more rugged performance than conventional devices.
Is NVE Corporation a public or private company?
NVE Corporation is a public company. It is classified as public and is currently operating.
When was NVE Corporation founded?
NVE Corporation was founded in 1989. It employs 51 to 100 people.
Where is NVE Corporation based?
NVE Corporation is headquartered in Eden Prairie, United States, in the North America region.
How does NVE Corporation make money?
Two revenue lines are on record. Product Sales are the primary driver. The others are contract R&D.
Who are NVE Corporation's main competitors?
Direct peers on record are Texas Instruments, Silicon Laboratories, Everspin Technologies, Infineon Technologies, Allegro MicroSystems and TDK (InvenSense / TDK-Micronas). Broad incumbents are STMicroelectronics, Renesas Electronics, Analog Devices and Honeywell Sensing.
Does NVE Corporation have an API?
No public API is recorded for NVE Corporation.
What industry is NVE Corporation in?
NVE Corporation's product category is Spintronic Components and Magnetic Sensors. Its primary akta.pro industry code is HDAHALAC, Magnetic Sensors (Hall/Magnetoresistive/Compass), with a secondary code of HDAHANAD, Transformers & Magnetics (Power/Signal). Its NAICS code is 334416 and its SIC code is 3674.