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Side-by-side financial comparison of NVE CORP (NVEC) and RAPID MICRO BIOSYSTEMS, INC. (RPID). Click either name above to swap in a different company.

RAPID MICRO BIOSYSTEMS, INC. is the larger business by last-quarter revenue ($11.3M vs $6.2M, roughly 1.8× NVE CORP). NVE CORP runs the higher net margin — 54.4% vs -110.8%, a 165.1% gap on every dollar of revenue. On growth, RAPID MICRO BIOSYSTEMS, INC. posted the faster year-over-year revenue change (37.3% vs 22.9%). RAPID MICRO BIOSYSTEMS, INC. produced more free cash flow last quarter ($-3.3M vs $-4.8M). Over the past eight quarters, RAPID MICRO BIOSYSTEMS, INC.'s revenue compounded faster (41.8% CAGR vs -6.3%).

NVE Corporation develops and manufactures spintronic-based electronic components, including high-performance magnetoresistive sensors, couplers, and signal isolators. Its products are used in industrial automation, automotive systems, medical devices, and IoT applications, serving global original equipment manufacturers and electronic component distributors.

Rapid Micro Biosystems, Inc. develops and manufactures automated microbial detection and quality control solutions for the life sciences industry. Its core products serve biopharmaceutical manufacturers, contract development and manufacturing organizations, operating across key global markets including North America, Europe and Asia-Pacific, helping clients cut testing timelines and improve operational efficiency.

NVEC vs RPID — Head-to-Head

Bigger by revenue
RPID
RPID
1.8× larger
RPID
$11.3M
$6.2M
NVEC
Growing faster (revenue YoY)
RPID
RPID
+14.3% gap
RPID
37.3%
22.9%
NVEC
Higher net margin
NVEC
NVEC
165.1% more per $
NVEC
54.4%
-110.8%
RPID
More free cash flow
RPID
RPID
$1.5M more FCF
RPID
$-3.3M
$-4.8M
NVEC
Faster 2-yr revenue CAGR
RPID
RPID
Annualised
RPID
41.8%
-6.3%
NVEC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
NVEC
NVEC
RPID
RPID
Revenue
$6.2M
$11.3M
Net Profit
$3.4M
$-12.5M
Gross Margin
78.6%
Operating Margin
60.2%
-108.2%
Net Margin
54.4%
-110.8%
Revenue YoY
22.9%
37.3%
Net Profit YoY
11.0%
-29.3%
EPS (diluted)
$0.70
$-0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NVEC
NVEC
RPID
RPID
Q4 25
$6.2M
$11.3M
Q3 25
$6.3M
$7.8M
Q2 25
$6.1M
$7.3M
Q1 25
$7.3M
$7.2M
Q4 24
$5.1M
$8.2M
Q3 24
$6.8M
$7.6M
Q2 24
$6.8M
$6.6M
Q1 24
$7.1M
$5.6M
Net Profit
NVEC
NVEC
RPID
RPID
Q4 25
$3.4M
$-12.5M
Q3 25
$3.3M
$-11.5M
Q2 25
$3.6M
$-11.9M
Q1 25
$3.9M
$-11.3M
Q4 24
$3.0M
$-9.7M
Q3 24
$4.0M
$-11.3M
Q2 24
$4.1M
$-12.6M
Q1 24
$3.8M
$-13.3M
Gross Margin
NVEC
NVEC
RPID
RPID
Q4 25
78.6%
Q3 25
78.3%
Q2 25
80.6%
Q1 25
79.2%
Q4 24
84.2%
Q3 24
86.0%
Q2 24
85.6%
Q1 24
75.5%
Operating Margin
NVEC
NVEC
RPID
RPID
Q4 25
60.2%
-108.2%
Q3 25
57.6%
-145.1%
Q2 25
62.0%
-167.3%
Q1 25
58.4%
-161.8%
Q4 24
58.5%
-124.5%
Q3 24
65.0%
-158.3%
Q2 24
64.7%
-202.1%
Q1 24
57.3%
-254.4%
Net Margin
NVEC
NVEC
RPID
RPID
Q4 25
54.4%
-110.8%
Q3 25
52.2%
-146.8%
Q2 25
58.6%
-163.3%
Q1 25
53.5%
-156.3%
Q4 24
60.2%
-117.6%
Q3 24
59.6%
-148.9%
Q2 24
60.4%
-190.1%
Q1 24
53.8%
-237.4%
EPS (diluted)
NVEC
NVEC
RPID
RPID
Q4 25
$0.70
$-0.26
Q3 25
$0.68
$-0.26
Q2 25
$0.74
$-0.27
Q1 25
$0.80
$-0.26
Q4 24
$0.63
$-0.22
Q3 24
$0.83
$-0.26
Q2 24
$0.85
$-0.29
Q1 24
$0.78
$-0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NVEC
NVEC
RPID
RPID
Cash + ST InvestmentsLiquidity on hand
$20.6M
$20.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.3M
$33.2M
Total Assets
$60.0M
$74.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVEC
NVEC
RPID
RPID
Q4 25
$20.6M
$20.0M
Q3 25
$17.7M
$18.9M
Q2 25
$15.8M
$18.3M
Q1 25
$21.7M
$18.9M
Q4 24
$20.4M
$16.9M
Q3 24
$22.9M
$22.0M
Q2 24
$21.7M
$37.1M
Q1 24
$22.2M
$22.4M
Stockholders' Equity
NVEC
NVEC
RPID
RPID
Q4 25
$58.3M
$33.2M
Q3 25
$59.7M
$44.3M
Q2 25
$61.1M
$54.5M
Q1 25
$62.3M
$65.5M
Q4 24
$63.0M
$75.4M
Q3 24
$64.9M
$84.4M
Q2 24
$64.9M
$94.6M
Q1 24
$65.6M
$105.9M
Total Assets
NVEC
NVEC
RPID
RPID
Q4 25
$60.0M
$74.9M
Q3 25
$61.5M
$84.4M
Q2 25
$63.6M
$75.6M
Q1 25
$64.3M
$85.4M
Q4 24
$64.6M
$98.2M
Q3 24
$65.9M
$105.8M
Q2 24
$66.7M
$117.1M
Q1 24
$66.8M
$127.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NVEC
NVEC
RPID
RPID
Operating Cash FlowLast quarter
$4.2M
$-3.2M
Free Cash FlowOCF − Capex
$-4.8M
$-3.3M
FCF MarginFCF / Revenue
-77.0%
-29.6%
Capex IntensityCapex / Revenue
144.3%
0.8%
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M
$-31.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVEC
NVEC
RPID
RPID
Q4 25
$4.2M
$-3.2M
Q3 25
$2.8M
$-9.1M
Q2 25
$5.2M
$-9.7M
Q1 25
$2.5M
$-9.1M
Q4 24
$3.8M
$-9.9M
Q3 24
$2.1M
$-8.6M
Q2 24
$5.9M
$-10.1M
Q1 24
$3.1M
$-15.5M
Free Cash Flow
NVEC
NVEC
RPID
RPID
Q4 25
$-4.8M
$-3.3M
Q3 25
$2.7M
$-9.1M
Q2 25
$4.1M
$-10.1M
Q1 25
$-7.5M
$-9.4M
Q4 24
$-6.3M
$-10.0M
Q3 24
$1.9M
$-8.8M
Q2 24
$4.9M
$-10.6M
Q1 24
$-16.1M
FCF Margin
NVEC
NVEC
RPID
RPID
Q4 25
-77.0%
-29.6%
Q3 25
42.9%
-116.4%
Q2 25
67.7%
-138.6%
Q1 25
-103.7%
-130.2%
Q4 24
-124.7%
-121.8%
Q3 24
28.5%
-116.0%
Q2 24
72.8%
-159.8%
Q1 24
-287.1%
Capex Intensity
NVEC
NVEC
RPID
RPID
Q4 25
144.3%
0.8%
Q3 25
1.1%
0.9%
Q2 25
17.3%
5.0%
Q1 25
137.9%
4.4%
Q4 24
200.6%
1.2%
Q3 24
3.1%
2.9%
Q2 24
13.5%
6.9%
Q1 24
0.0%
10.4%
Cash Conversion
NVEC
NVEC
RPID
RPID
Q4 25
1.24×
Q3 25
0.84×
Q2 25
1.45×
Q1 25
0.64×
Q4 24
1.26×
Q3 24
0.53×
Q2 24
1.43×
Q1 24
0.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NVEC
NVEC

Segment breakdown not available.

RPID
RPID

Products$9.3M83%
Services$2.0M17%

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