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
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- 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
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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
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
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| 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 shares10 | 26.1K shares6 | 26.8K shares6 | ||||
| Shares (weighted, diluted) | 25.2K shares10 | 26.1K shares6 | 26.8K shares6 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $18.7M7 | $19.8M8 | $29.3M9 | $68.9M10 | $51.4M6 | $45.1M6 | |
| Inventory | $30.0M10 | $43.8M6 | $12.3M6 | ||||
| Current assets | $95.6M7 | $91.5M8 | $96.4M9 | $142.2M10 | $133.4M6 | $92.0M6 | |
| Property, plant and equipment | $3.7M10 | $7.7M6 | $1.4M6 | ||||
| Intangible assets | $1.1M10 | $954.0K6 | |||||
| Total assets | $122.1M7 | $126.3M8 | $127.2M9 | $173.1M10 | $156.5M6 | $109.7M6 | |
| Accounts payable | $11.6M10 | $5.8M6 | $3.5M6 | ||||
| Current liabilities | $30.0M7 | $20.8M8 | $18.4M9 | $26.0M10 | $32.5M6 | $20.1M6 | |
| Long-term liabilities | $23.6M10 | $8.5M6 | $11.5M6 | ||||
| Retained earnings | -$53.2M10 | -$65.4M6 | -$105.2M6 | ||||
| Shareholders’ equity | $89.6M8 | $95.8M9 | $101.6M14 | $123.5M6 | $115.5M6 | $78.1M6 | |
| Shares outstanding | 22.7M shares7 | 23.3M shares8 | 23.6M shares7 | 24.1M shares8 | 25.5K shares10 | 26.4K shares6 | 26.4K shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.7M7 | $4.9M8 | $8.8M9 | -$7.4M10 | -$35.1M6 | $7.9M6 | |
| Depreciation and amortization | $1.4M10 | $1.4M6 | $1.8M6 | ||||
| Stock-based compensation | $4.9M10 | $4.4M6 | $1.8M6 | ||||
| Capital spending | $3.2M7 | $4.1M8 | $2.6M8 | ||||
| Free cash flow | -$5.0M | $838.0K | $6.2M | ||||
| Cash from investing | -$28.4M10 | $18.3M6 | -$14.7M6 | ||||
| Share buybacks | $558.0K7 | $111.0K8 | $393.0K9 | $09 | |||
| Cash from financing | $2.4M10 | -$624.0K6 | $432.0K6 |
Leadership
Who has led Intevac, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerNigel Hunton Feb 1, 2022 to Apr 1, 202515
- Chief executive officerNorman H. Pond Feb 4, 2013 to May 13, 201316
- Chief executive officerWendell Thomas Blonigan Jul 17, 2013 to May 21, 202117
- Chief executive officerKevin Fairbairn Feb 13, 2006 to Nov 8, 201218
- ChairNorman H. Pond Feb 13, 2006 to Jun 8, 201519
- PresidentNigel Hunton Feb 1, 2022 to Apr 1, 202515
- PresidentWendell Thomas Blonigan Jul 17, 2013 to May 21, 202117
- PresidentKevin Fairbairn Feb 13, 2006 to Nov 8, 201218
- PresidentVerle Aebi Feb 13, 2006 to Sep 1, 200620
- Chief financial officerCameron McAulay Jul 18, 2024 to Apr 1, 202521
- Chief financial officerKevin Soulsby Aug 8, 2023 to Jul 11, 202422
- Chief financial officerJames P. Moniz Nov 17, 2014 to Aug 4, 202323
- Chief financial officerCharles B. Eddy Aug 20, 2007 to Sep 25, 201424
- Chief operating officerColin John Dickinson Apr 1, 2025 to Apr 1, 202525
- Chief operating officerLuke Marusiak Feb 13, 2006 to Jun 25, 201226
Board members and other officers (35)
- V.P. of OperationsColin John Dickinson Nov 14, 2022 to Feb 18, 202527
- EVP & General Manager,Timothy Justyn Mar 1, 2018 to Jan 4, 202228
- EVP & General ManagerJay Cho Jan 15, 2014 to May 21, 202129
- Executive Vice President &Andres Brugal Jan 19, 2012 to May 19, 201730
- EVP & GM Emerging EquipmentLuke Marusiak Mar 9, 2010 to Mar 9, 201031
- EVP, Business DevelopmentMichael A. Russak Aug 19, 2008 to Feb 9, 201732
- Chief Technical Officer,Verle Aebi Feb 14, 2007 to Feb 14, 200733
- Executive VP, FinanceJeff Andreson Jun 26, 2007 to May 19, 201434
- VP Finance and Administration,Charles B. Eddy Jan 17, 2006 to Feb 14, 200735
- VP, Business DevelopmentChristopher Lane Feb 13, 2006 to Feb 24, 200636
- Director, Human ResourcesKimberly Burk Feb 13, 2006 to Jun 25, 201237
- VP Business ManagementRalph Kerns Feb 13, 2006 to Aug 25, 200838
- Director, Product OperationsStephen Gustafson Feb 13, 2006 to Sep 1, 200639
- Vice President & General MgrJoseph Pietras Aug 22, 2006 to May 23, 201140
- Board memberEiji Miyanaga Aug 28, 2024 to Apr 1, 202541
- Board memberRyan L. Vardeman Nov 13, 2024 to Apr 1, 202542
- Board memberNigel Hunton Feb 1, 2022 to Apr 1, 202515
- Board memberDorothy D. Hayes Jun 18, 2019 to Apr 1, 202543
- Board memberMichele Klein Jun 18, 2019 to Apr 1, 202544
- Board memberKevin D. Barber Feb 26, 2018 to Apr 1, 202545
- Board memberMark Popovich Feb 26, 2018 to Oct 20, 202246
- Board memberStephen Jamison Aug 16, 2018 to May 21, 202147
- Board memberNorman H. Pond Apr 25, 2016 to May 19, 201748
- Board memberJames Benham Jun 5, 2015 to May 23, 201649
- Board memberMarc T. Giles May 19, 2014 to May 23, 201650
- Board memberWendell Thomas Blonigan May 19, 2014 to May 21, 202151
- Board memberMatthew A. Drapkin Dec 17, 2013 to May 19, 201752
- Board memberThomas M. Rohrs Oct 15, 2010 to May 21, 202153
- Board memberDavid N. Lambeth Feb 7, 2006 to Apr 25, 200654
- Board memberKevin Fairbairn Feb 13, 2006 to Nov 8, 201218
- Board memberStanley J. Hill Feb 14, 2006 to May 19, 201555
- Board memberPing Yang Mar 13, 2006 to May 19, 201556
- Board memberDavid S. Dury May 26, 2006 to Apr 1, 202557
- Board memberRobert Lemos May 31, 2006 to May 24, 201058
- Board memberArthur L. Money Jun 1, 2006 to Jun 1, 200659
Timeline
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:
- Apr 14, 202515-12G EDGAR
- Apr 2, 2025SCHEDULE 13D/A EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Apr 1, 20254 EDGAR
- Mar 31, 202525-NSE EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- Mar 31, 2025S-8 POS EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 8, 2023 | Klein MicheleDirector | Buy | 5,000 | $5.00 | $25.0K | Form 4 |
| May 8, 2023 | Hunton NigelPresident and CEO | Buy | 5,000 | $5.04 | $25.2K | Form 4 |
| May 8, 2023 | Moniz James PChief Financial Officer, | Buy | 5,000 | $5.06 | $25.3K | Form 4 |
| Mar 23, 2023 | Bleichroeder LP10% owner | Buy | 37,800 | $6.93 | $262.0K | Form 4 |
| Feb 22, 2023 | DURY DAVID SDirector | Buy | 5,000 | $7.31 | $36.5K | Form 4 |
| Feb 17, 2023 | Barber Kevin DDirector | Buy | 5,000 | $7.43 | $37.1K | Form 4 |
| Feb 8, 2023 | Hunton NigelPresident and CEO | Buy | 5,000 | $7.00 | $35.0K | Form 4 |
| Feb 8, 2023 | Moniz James PChief Financial Officer, | Buy | 10,000 | $6.98 | $69.8K | Form 4 |
| Feb 6, 2023 | Hunton NigelPresident and CEO | Buy | 5,000 | $6.95 | $34.8K | Form 4 |
| Jan 6, 2023 | Bleichroeder LP10% owner | Buy | 46,931 | $6.58 | $308.8K | Form 4 |
| Jan 5, 2023 | Bleichroeder LP10% owner | Buy | 2,637 | $6.49 | $17.1K | Form 4 |
| Jan 4, 2023 | Bleichroeder LP10% owner | Buy | 27,300 | $6.47 | $176.6K | Form 4 |
| Jun 15, 2022 | Bleichroeder LP10% owner | Sale | 5,050 | $4.86 | $24.5K | Form 4 |
| Jun 14, 2022 | Bleichroeder LP10% owner | Sale | 200 | $4.81 | $962 | Form 4 |
| May 18, 2022 | Klein MicheleDirector | Buy | 5,000 | $5.16 | $25.8K | Form 4 |
| May 16, 2022 | DURY DAVID SDirector | Buy | 5,000 | $5.10 | $25.5K | Form 4 |
| May 12, 2022 | Hunton NigelPresident and CEO | Buy | 5,000 | $5.00 | $25.0K | Form 4 |
| Mar 2, 2022 | Hunton NigelPresident and CEO | Buy | 5,000 | $4.85 | $24.2K | Form 4 |
| Feb 24, 2022 | Hunton NigelPresident and CEO | Buy | 10,000 | $4.96 | $49.6K | Form 4 |
| Feb 9, 2022 | Moniz James PChief Financial Officer, | Sale | 27,150 | $5.54 | $150.4K | Form 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.
- GAMCO InvestorsSCHEDULE 13D/A, 4 filings Aug 18, 2023 to Apr 2, 202560
- Bleichroeder LPSCHEDULE 13G/A, 3 filings Feb 14, 2023 to Mar 21, 202561
- ROYCE & ASSOCIATES LPSCHEDULE 13G/A, 6 filings Jan 21, 2022 to Mar 4, 202562
- NEEDHAM INVESTMENT MANAGEMENT LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202463
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 3 filings Feb 8, 2022 to Feb 9, 202464
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 10, 202265
Links
- Websitewww.intevac.com1
- WikipediaIntevac
- WikidataQ6057493
- SEC EDGARCIK 1001902
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataIntevac on Wikidata
- 2SEC EDGARIntevac filings on SEC EDGAR
- 3WikipediaIntevac on Wikipedia
- 4Wikimedia CommonsIntevac logo by Chemmah, Public domain
- 5SEC EDGARIntevac filings on SEC EDGAR
- 6SEC EDGARIntevac 10-K for fiscal 2024
- 7SEC EDGARIntevac 10-K for fiscal 2018
- 8SEC EDGARIntevac 10-K for fiscal 2019
- 9SEC EDGARIntevac 10-K for fiscal 2021
- 10SEC EDGARIntevac 10-K for fiscal 2022
- 11SEC EDGARIntevac 10-Q for fiscal 2024
- 12SEC EDGARIntevac 10-Q for fiscal 2024
- 13SEC EDGARIntevac 10-Q for fiscal 2024
- 14SEC EDGARIntevac 10-K for fiscal 2021
- 15
- 16
- 17
- 18
- 19SEC EDGARNorman H. Pond, Chair
- 20SEC EDGARVerle Aebi, President
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29SEC EDGARJay Cho, EVP & General Manager
- 30
- 31
- 32
- 33SEC EDGARVerle Aebi, Chief Technical Officer,
- 34SEC EDGARJeff Andreson, Executive VP, Finance
- 35
- 36
- 37
- 38SEC EDGARRalph Kerns, VP Business Management
- 39
- 40
- 41SEC EDGAREiji Miyanaga, Board member
- 42SEC EDGARRyan L. Vardeman, Board member
- 43SEC EDGARDorothy D. Hayes, Board member
- 44SEC EDGARMichele Klein, Board member
- 45SEC EDGARKevin D. Barber, Board member
- 46SEC EDGARMark Popovich, Board member
- 47SEC EDGARStephen Jamison, Board member
- 48SEC EDGARNorman H. Pond, Board member
- 49SEC EDGARJames Benham, Board member
- 50SEC EDGARMarc T. Giles, Board member
- 51
- 52SEC EDGARMatthew A. Drapkin, Board member
- 53SEC EDGARThomas M. Rohrs, Board member
- 54SEC EDGARDavid N. Lambeth, Board member
- 55SEC EDGARStanley J. Hill, Board member
- 56SEC EDGARPing Yang, Board member
- 57SEC EDGARDavid S. Dury, Board member
- 58SEC EDGARRobert Lemos, Board member
- 59SEC EDGARArthur L. Money, Board member
- 60
- 61
- 62
- 63
- 64
- 65