IVAC on NASDAQ

Intevac

Logo: Chemmah, Public domain, via Wikimedia Commons4

American technology company

Intevac, Inc. was a producer of thin film deposition systems and equipment for making hard disk drives.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

1991Founded1

Compare with TRIO-TECH INTERNATIONAL, AMTECH SYSTEMS INC or Velo3D, Inc., or pick any stock.

  • TickerIVAC on NASDAQ1
  • IndustrySpecial Industry Machinery, NEC1
  • HeadquartersSanta Clara1
  • Websitewww.intevac.com
  • Incorporated inDE5
  • Business address3560 Bassett Street, Santa Clara, Ca 950545
  • Filer categoryNon-accelerated filer, Smaller reporting company5

Intevac, Inc. was a producer of thin film deposition systems and equipment for making hard disk drives.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

4.0%Gross margin6
-67.6%Operating margin6
-62.2%Net margin6
21.5%Revenue growth, 20246
-51.0%Return on equity6

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue64¢$61.5M
  • Research and development15¢$14.8M
  • Selling, general and admin19¢$18.2M
  • Income tax2¢$2.0M

Out of $64.0M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Kept or used elsewhere100¢$7.9M

Out of $7.9M of cash from operations.6

Financial statements

Revenue789106$64.0M in 2024−33% since 2018
0$50.0M$100.0M$150.0M2018: $95.1M$95.1M20182019: $108.9M$108.9M2019+14%2021: $52.1M$52.1M2021−52%2022: $35.8M$35.8M2022−31%2023: $52.7M$52.7M2023+47%2024: $64.0M$64.0M2024+21%
Gross profit78106$2.5M in 2024−92% since 2018
0$20.0M$40.0M$60.0M2018: $32.7M$32.7M20182019: $40.9M$40.9M2019+25%2021: $40.5M$40.5M2021−1%2022: $15.1M$15.1M2022−63%2023: $20.2M$20.2M2023+34%2024: $2.5M$2.5M2024−88%
Operating income78106-$43.2M in 2024+925% since 2018
-$60.0M-$40.0M-$20.0M0$20.0M2018: -$4.2M-$4.2M20182019: $3.9M$3.9M20192021: $2.6M$2.6M2021−35%2022: -$16.5M-$16.5M20222023: -$13.2M-$13.2M2023−20%2024: -$43.2M-$43.2M2024+227%
Net income789106-$39.8M in 2024
-$40.0M-$20.0M0$20.0M2018: $3.6M$3.6M20182019: $1.1M$1.1M2019−68%2021: $1.1M$1.1M2021−8%2022: -$17.1M-$17.1M20222023: -$12.2M-$12.2M2023−29%2024: -$39.8M-$39.8M2024+226%
Fiscal year2018201920202021202220232024
Revenue$95.1M7$108.9M8$52.1M9$35.8M10$52.7M6$64.0M6
Cost of revenue$62.4M7$68.0M8$57.3M8$20.7M10$32.4M6$61.5M6
Gross profit$32.7M7$40.9M8$40.5M8$15.1M10$20.2M6$2.5M6
Research and development$16.9M7$14.3M8$14.1M8$13.7M10$15.1M6$14.8M6
Selling, general and admin$20.2M7$22.6M8$23.9M8$17.9M10$18.3M6$18.2M6
Operating expenses$31.6M10$33.5M6$45.8M6
Operating income-$4.2M7$3.9M8$2.6M8-$16.5M10-$13.2M6-$43.2M6
Income before tax-$15.4M10-$10.8M6-$38.9M6
Income tax-$7.2M7$3.4M8$1.7M9$1.3M10$1.8M6$2.0M6
Net income$3.6M7$1.1M8$1.1M9-$17.1M10-$12.2M6-$39.8M6
Earnings per share$0.167$0.058$0.048-$0.6810-$0.476-$1.496
Earnings per share (diluted)$0.167$0.058$0.048-$0.6810-$0.476-$1.496
Shares (weighted, basic)25.2K shares1026.1K shares626.8K shares6
Shares (weighted, diluted)25.2K shares1026.1K shares626.8K shares6

Compare Intevac with another company

Leadership

Who has led Intevac, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (35)

Timeline

  1. Feb 1, 2022New chief executive Nigel Hunton becomes CEO15
  2. Jul 17, 2013New chief executive Wendell Thomas Blonigan becomes CEO17
  3. Feb 4, 2013New chief executive Norman H. Pond becomes CEO16
  4. Feb 13, 2006New chief executive Kevin Fairbairn becomes CEO18
  5. 1991Founded Founded1

Filings

208 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 35 major events, 95 insider forms, 22 large holders, 41 other. The latest 20:

  1. Apr 14, 202515-12G EDGAR
  2. Apr 2, 2025SCHEDULE 13D/A EDGAR
  3. Apr 1, 20254 EDGAR
  4. Apr 1, 20254 EDGAR
  5. Apr 1, 20254 EDGAR
  6. Apr 1, 20254 EDGAR
  7. Apr 1, 20254 EDGAR
  8. Apr 1, 20254 EDGAR
  9. Apr 1, 20254 EDGAR
  10. Apr 1, 20254 EDGAR
  11. Apr 1, 20254 EDGAR
  12. Mar 31, 202525-NSE EDGAR
  13. Mar 31, 2025S-8 POS EDGAR
  14. Mar 31, 2025S-8 POS EDGAR
  15. Mar 31, 2025S-8 POS EDGAR
  16. Mar 31, 2025S-8 POS EDGAR
  17. Mar 31, 2025S-8 POS EDGAR
  18. Mar 31, 2025S-8 POS EDGAR
  19. Mar 31, 2025S-8 POS EDGAR
  20. Mar 31, 2025S-8 POS EDGAR

The 208 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 17 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 8, 2023Klein MicheleDirectorBuy5,000$5.00$25.0KForm 4
May 8, 2023Hunton NigelPresident and CEOBuy5,000$5.04$25.2KForm 4
May 8, 2023Moniz James PChief Financial Officer,Buy5,000$5.06$25.3KForm 4
Mar 23, 2023Bleichroeder LP10% ownerBuy37,800$6.93$262.0KForm 4
Feb 22, 2023DURY DAVID SDirectorBuy5,000$7.31$36.5KForm 4
Feb 17, 2023Barber Kevin DDirectorBuy5,000$7.43$37.1KForm 4
Feb 8, 2023Hunton NigelPresident and CEOBuy5,000$7.00$35.0KForm 4
Feb 8, 2023Moniz James PChief Financial Officer,Buy10,000$6.98$69.8KForm 4
Feb 6, 2023Hunton NigelPresident and CEOBuy5,000$6.95$34.8KForm 4
Jan 6, 2023Bleichroeder LP10% ownerBuy46,931$6.58$308.8KForm 4
Jan 5, 2023Bleichroeder LP10% ownerBuy2,637$6.49$17.1KForm 4
Jan 4, 2023Bleichroeder LP10% ownerBuy27,300$6.47$176.6KForm 4
Jun 15, 2022Bleichroeder LP10% ownerSale5,050$4.86$24.5KForm 4
Jun 14, 2022Bleichroeder LP10% ownerSale200$4.81$962Form 4
May 18, 2022Klein MicheleDirectorBuy5,000$5.16$25.8KForm 4
May 16, 2022DURY DAVID SDirectorBuy5,000$5.10$25.5KForm 4
May 12, 2022Hunton NigelPresident and CEOBuy5,000$5.00$25.0KForm 4
Mar 2, 2022Hunton NigelPresident and CEOBuy5,000$4.85$24.2KForm 4
Feb 24, 2022Hunton NigelPresident and CEOBuy10,000$4.96$49.6KForm 4
Feb 9, 2022Moniz James PChief Financial Officer,Sale27,150$5.54$150.4KForm 4

All 21 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

The numbers on this page point here. Each one links to the record it came from.

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