Product was Nve’s largest product and service line in fiscal 2022, bringing in $25.87M of $26.99M (96%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|
| Product | $25.29M | $24.40M | $20.54M | $25.87M | |||
| Contract Research & Development | $1.18M | $1.01M | $825.69K | $1.12M | |||
| Total | $26.47M | $25.41M | $21.37M | $26.99M |
Nve brought in $26.99M from its two product and service lines in fiscal 2022, the year ended March 31, 2022. That was up 26.3% from $21.37M in fiscal 2021. Product was the largest at $25.87M (95.9%), ahead of Contract Research & Development at $1.12M (4.1%).
Compared with fiscal 2021, Contract Research & Development grew 35.6% to $1.12M and Product grew 25.9% to $25.87M. From fiscal 2019 to 2022, combined revenue from these lines grew from $26.47M to $26.99M, a compound annual growth rate of 0.6%. Product's share held steady at about 95.9%.
United States was Nve’s largest region in fiscal 2017, bringing in $13.60M of $28.33M (48%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|
| United States | $11.16M | $11.92M | $12.39M | $13.60M | |||
| Emea | — | $13.78M | $11.39M | $9.61M | |||
| Europe | $11.07M | — | — | — | |||
| Asia | $3.37M | — | — | — | |||
| Asia Pacific | — | $4.32M | $3.11M | $4.20M | |||
| Rest Of World | — | $566.94K | $819.70K | $912.14K | |||
| Other Credit Derivatives | — | — | — | — | |||
| Other Areas | $335.72K | — | — | — | |||
| Total | $25.93M | $30.58M | $27.72M | $28.33M |
Nve brought in $28.33M from its four regions in fiscal 2017, the year ended March 31, 2017. That was up 2.2% from $27.72M in fiscal 2016. United States was the largest at $13.60M (48.0%), ahead of Emea at $9.61M (33.9%) and Asia Pacific at $4.20M (14.8%). The remaining region, Rest Of World, brought in $912.14K.
Compared with fiscal 2016, Asia Pacific grew fastest, up 34.9% to $4.20M, while Emea fell the most, down 15.6% to $9.61M.
Nve began breaking out Emea in fiscal 2015, Asia Pacific in fiscal 2015 and Rest Of World in fiscal 2015. Nve stopped reporting Europe ($11.07M in fiscal 2014), Asia ($3.37M in fiscal 2014) and Other Areas ($335.72K in fiscal 2014) as separate regions.
Nve (NVEC) reports its revenue by product and service and by geography. In fiscal 2022, Product was its largest product and service line, bringing in $25.87M (95.9% of the total), followed by Contract Research & Development at $1.12M (4.1%).
Product was Nve's largest product and service line in fiscal 2022, bringing in $25.87M, or 95.9% of the $26.99M total across its two product and service lines.
United States was Nve's largest region in fiscal 2017, bringing in $13.60M, or 48.0% of the $28.33M total across its four regions.
Contract Research & Development grew faster than Product in fiscal 2022, up 35.6% from $825.69K to $1.12M. Product grew 25.9% to $25.87M.
Every figure comes from Nve's annual financial filings, as reported. Each line keeps the name Nve gives it, and years follow its fiscal calendar.
Nve's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.