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Side-by-side financial comparison of NVE CORP (NVEC) and TAYLOR DEVICES, INC. (TAYD). Click either name above to swap in a different company.

TAYLOR DEVICES, INC. is the larger business by last-quarter revenue ($11.6M vs $6.2M, roughly 1.9× NVE CORP). NVE CORP runs the higher net margin — 54.4% vs 17.3%, a 37.1% gap on every dollar of revenue. On growth, TAYLOR DEVICES, INC. posted the faster year-over-year revenue change (35.7% vs 22.9%). TAYLOR DEVICES, INC. produced more free cash flow last quarter ($4.4M vs $-4.8M). Over the past eight quarters, TAYLOR DEVICES, INC.'s revenue compounded faster (-2.7% 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.

Taylor Corporation is a privately owned print and communications company headquartered in North Mankato, Minnesota, and was founded in 1975 by businessman Glen Taylor. The company comprises more than 90 locations and employs nearly 10,000 employees. Taylor has print operations in dozens of U.S. states and multiple countries around the world.

NVEC vs TAYD — Head-to-Head

Bigger by revenue
TAYD
TAYD
1.9× larger
TAYD
$11.6M
$6.2M
NVEC
Growing faster (revenue YoY)
TAYD
TAYD
+12.8% gap
TAYD
35.7%
22.9%
NVEC
Higher net margin
NVEC
NVEC
37.1% more per $
NVEC
54.4%
17.3%
TAYD
More free cash flow
TAYD
TAYD
$9.2M more FCF
TAYD
$4.4M
$-4.8M
NVEC
Faster 2-yr revenue CAGR
TAYD
TAYD
Annualised
TAYD
-2.7%
-6.3%
NVEC

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
NVEC
NVEC
TAYD
TAYD
Revenue
$6.2M
$11.6M
Net Profit
$3.4M
$2.0M
Gross Margin
78.6%
47.0%
Operating Margin
60.2%
19.2%
Net Margin
54.4%
17.3%
Revenue YoY
22.9%
35.7%
Net Profit YoY
11.0%
90.2%
EPS (diluted)
$0.70

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
TAYD
TAYD
Q4 25
$6.2M
$11.6M
Q3 25
$6.3M
$9.9M
Q2 25
$6.1M
$15.6M
Q1 25
$7.3M
$10.6M
Q4 24
$5.1M
$8.5M
Q3 24
$6.8M
$11.6M
Q2 24
$6.8M
$12.1M
Q1 24
$7.1M
$12.3M
Net Profit
NVEC
NVEC
TAYD
TAYD
Q4 25
$3.4M
$2.0M
Q3 25
$3.3M
$2.2M
Q2 25
$3.6M
$3.7M
Q1 25
$3.9M
$2.0M
Q4 24
$3.0M
$1.1M
Q3 24
$4.0M
$2.7M
Q2 24
$4.1M
$2.5M
Q1 24
$3.8M
$2.7M
Gross Margin
NVEC
NVEC
TAYD
TAYD
Q4 25
78.6%
47.0%
Q3 25
78.3%
44.8%
Q2 25
80.6%
48.6%
Q1 25
79.2%
42.9%
Q4 24
84.2%
45.5%
Q3 24
86.0%
47.4%
Q2 24
85.6%
48.8%
Q1 24
75.5%
46.9%
Operating Margin
NVEC
NVEC
TAYD
TAYD
Q4 25
60.2%
19.2%
Q3 25
57.6%
22.6%
Q2 25
62.0%
24.2%
Q1 25
58.4%
19.1%
Q4 24
58.5%
11.0%
Q3 24
65.0%
25.0%
Q2 24
64.7%
20.8%
Q1 24
57.3%
24.4%
Net Margin
NVEC
NVEC
TAYD
TAYD
Q4 25
54.4%
17.3%
Q3 25
52.2%
22.1%
Q2 25
58.6%
23.7%
Q1 25
53.5%
19.0%
Q4 24
60.2%
12.4%
Q3 24
59.6%
23.0%
Q2 24
60.4%
20.5%
Q1 24
53.8%
22.0%
EPS (diluted)
NVEC
NVEC
TAYD
TAYD
Q4 25
$0.70
Q3 25
$0.68
Q2 25
$0.74
Q1 25
$0.80
Q4 24
$0.63
Q3 24
$0.83
Q2 24
$0.85
Q1 24
$0.78

Balance Sheet & Financial Strength

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

Metric
NVEC
NVEC
TAYD
TAYD
Cash + ST InvestmentsLiquidity on hand
$20.6M
$40.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.3M
$67.1M
Total Assets
$60.0M
$72.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVEC
NVEC
TAYD
TAYD
Q4 25
$20.6M
$40.7M
Q3 25
$17.7M
$36.3M
Q2 25
$15.8M
$36.0M
Q1 25
$21.7M
$35.4M
Q4 24
$20.4M
$26.6M
Q3 24
$22.9M
$27.1M
Q2 24
$21.7M
$31.0M
Q1 24
$22.2M
$24.6M
Stockholders' Equity
NVEC
NVEC
TAYD
TAYD
Q4 25
$58.3M
$67.1M
Q3 25
$59.7M
$64.3M
Q2 25
$61.1M
$62.0M
Q1 25
$62.3M
$57.8M
Q4 24
$63.0M
$55.8M
Q3 24
$64.9M
$53.9M
Q2 24
$64.9M
$51.2M
Q1 24
$65.6M
$47.8M
Total Assets
NVEC
NVEC
TAYD
TAYD
Q4 25
$60.0M
$72.8M
Q3 25
$61.5M
$70.3M
Q2 25
$63.6M
$71.6M
Q1 25
$64.3M
$70.1M
Q4 24
$64.6M
$62.9M
Q3 24
$65.9M
$61.9M
Q2 24
$66.7M
$63.1M
Q1 24
$66.8M
$54.8M

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
TAYD
TAYD
Operating Cash FlowLast quarter
$4.2M
$5.7M
Free Cash FlowOCF − Capex
$-4.8M
$4.4M
FCF MarginFCF / Revenue
-77.0%
38.3%
Capex IntensityCapex / Revenue
144.3%
11.3%
Cash ConversionOCF / Net Profit
1.24×
2.86×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVEC
NVEC
TAYD
TAYD
Q4 25
$4.2M
$5.7M
Q3 25
$2.8M
$483.6K
Q2 25
$5.2M
$1.9M
Q1 25
$2.5M
$9.0M
Q4 24
$3.8M
$103.1K
Q3 24
$2.1M
$-3.6M
Q2 24
$5.9M
$6.5M
Q1 24
$3.1M
$-685.0K
Free Cash Flow
NVEC
NVEC
TAYD
TAYD
Q4 25
$-4.8M
$4.4M
Q3 25
$2.7M
$298.6K
Q2 25
$4.1M
$491.3K
Q1 25
$-7.5M
$8.8M
Q4 24
$-6.3M
$-620.5K
Q3 24
$1.9M
$-3.8M
Q2 24
$4.9M
$6.1M
Q1 24
$-895.5K
FCF Margin
NVEC
NVEC
TAYD
TAYD
Q4 25
-77.0%
38.3%
Q3 25
42.9%
3.0%
Q2 25
67.7%
3.2%
Q1 25
-103.7%
83.6%
Q4 24
-124.7%
-7.3%
Q3 24
28.5%
-33.0%
Q2 24
72.8%
51.0%
Q1 24
-7.3%
Capex Intensity
NVEC
NVEC
TAYD
TAYD
Q4 25
144.3%
11.3%
Q3 25
1.1%
1.9%
Q2 25
17.3%
9.3%
Q1 25
137.9%
1.8%
Q4 24
200.6%
8.5%
Q3 24
3.1%
2.1%
Q2 24
13.5%
3.3%
Q1 24
0.0%
1.7%
Cash Conversion
NVEC
NVEC
TAYD
TAYD
Q4 25
1.24×
2.86×
Q3 25
0.84×
0.22×
Q2 25
1.45×
0.52×
Q1 25
0.64×
4.51×
Q4 24
1.26×
0.10×
Q3 24
0.53×
-1.35×
Q2 24
1.43×
2.65×
Q1 24
0.82×
-0.25×

Financial Flow Comparison

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

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