Nve (NVEC) Tax Rate (2010 - 2026)
Nve's (NVEC) quarterly Tax Rate came in at 17.13% in Q2 2026, up 63.0% year-over-year from 10.51% in Q2 2025, and down 35.61% quarter-over-quarter from 26.6% in Q1 2026.
Analysis
Nve (NVEC) Tax Rate (2010 - 2026) Analysis & Trends
Nve has disclosed Tax Rate across 17 years of filings, most recently posting 17.13% for Q2 2026.
- In Q2 2026, Tax Rate rose 63.0% year-over-year to 17.13%; the TTM figure through Jun 2026 stood at 20.5% (down 77.0% YoY), while the FY2026 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate came in at 17.13% for Q2 2026 at Nve, down from 26.6% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 37.45% in Q1 2024 to a low of 7.95% in Q3 2023.
- Average Tax Rate over 5 years is 20.98%, with a median of 19.24% recorded in 2022.
- Year-over-year, Tax Rate plunged 1150 bps in 2023 and jumped 1200 bps in 2024.
- Over 5 years, Tax Rate stood at 19.02% in 2022, then slipped by 18 bps to 15.68% in 2023, then dropped by 7 bps to 14.62% in 2024, then surged by 34 bps to 19.53% in 2025, then fell by 12 bps to 17.13% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 17.13% in Q2 2026, 26.6% in Q1 2026, and 19.53% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 82.13 Bn | 79.40 Bn | 477.30 Mn | 3.98% |
| 2 | Coherent | 59.78 Bn | 58.13 Bn | 787.08 Mn | 15.19% |
| 3 | Zebra Technologies | 16.58 Bn | 16.42 Bn | 825.00 Mn | 18.25% |
| 4 | Littelfuse | 10.98 Bn | 10.35 Bn | 306.06 Mn | 23.63% |
| 5 | Vishay Intertechnology | 4.69 Bn | 3.39 Bn | 207.38 Mn | 33.67% |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | -8.78% |
| 7 | Knowles | 3.16 Bn | 3.11 Bn | 74.60 Mn | 18.58% |
| 8 | Hesai | 2.70 Bn | 1.73 Bn | 50.88 Mn | 0.00% |
| 9 | Bel Fuse | 2.57 Bn | 2.37 Bn | 83.97 Mn | 10.02% |
| 10 | Nve | 486.18 Mn | 464.41 Mn | 8.97 Mn | 17.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.13% |
| Mar 31, 2026 | 26.60% |
| Dec 31, 2025 | 19.53% |
| Sep 30, 2025 | 20.13% |
| Jun 30, 2025 | 16.50% |
| Mar 31, 2025 | 34.86% |
| Dec 31, 2024 | 14.62% |
| Sep 30, 2024 | 17.16% |
| Jun 30, 2024 | 16.08% |
| Mar 31, 2024 | 37.45% |
| Dec 31, 2023 | 15.68% |
| Sep 30, 2023 | 7.95% |
| Jun 30, 2023 | 24.14% |
| Mar 31, 2023 | 25.46% |
| Dec 31, 2022 | 19.02% |
| Sep 30, 2022 | 19.45% |
| Jun 30, 2022 | 17.10% |
| Mar 31, 2022 | 28.74% |
| Dec 31, 2021 | 19.80% |
| Sep 30, 2021 | 16.80% |