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Everspin Technologies

MRAM

Everspin Technologies is a leading provider of Magnetoresistive Random Access Memory (MRAM) solutions, offering non-volatile memory that combines high performance with data persistence.

Market cap
$350.54M+147%
Revenue$56.9M+15.9%
Net income-$2.1M-366%
Free cash flow$312.0K-92.3%
EPS (diluted)-$0.09-400%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$17.3M
EPS estimate$0.01

Financials

Q1 2026

Income statement

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Revenue$14.9M+13.2%
Gross profit$7.8M+16.1%
Operating income-$2.7M-40.6%
Net income-$296.0K+74.6%
EPS (diluted)-$0.01+80.0%

Balance sheet

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Cash & equivalents$40.5M-3.9%
Total debt$1.3M-56.8%
Total equity$70.2M+11.4%
Total assets$83.2M+3.7%

Cash flow

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Operating cash flow$570.0K-60.4%
CapEx$4.4M+377%
Free cash flow-$3.8M-818%

Valuation & ratios

Valuation

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Market cap$350.54M+147%
Enterprise value$311.39M+201%
P/S6.2×+3.3×

Profitability

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Gross margin51.5%+1.2pp
Operating margin-12.8%-2.6pp

Returns & leverage

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Debt / equity0.0×
Current ratio5.8×+0.5×

Segments

By geography

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APAC$9.2M+26.7%
North America$2.8M+14.7%
EMEA$2.8M-16.7%

By product

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Engineering services and other revenue$631.0K
Royalties$141.0K+6.8%
Licensing--100%

Competitors

Profile

Everspin Technologies is a leading provider of Magnetoresistive Random Access Memory (MRAM) solutions, offering non-volatile memory that combines high performance with data persistence. The company designs, manufactures, and sells discrete MRAM components and licenses its extensive intellectual property portfolio to enable mission-critical data protection against power loss. Its technology serves high-reliability markets including industrial, automotive, aerospace, and data center infrastructure.

Competitive position

Everspin is the pioneer and leading commercial supplier of discrete MRAM, leveraging a first-mover advantage and a portfolio of nearly 600 patents.

GeographiesNorth America, Europe, Asia-Pacific
Customer segmentsIndustrial, Automotive, Aerospace and Defense, Data Center, Medical
Business modelFabless Manufacturing, IP Licensing, Foundry Services
SuppliersCMOS Wafer Foundries, Assembly and Test Sub-contractors, Specialized Magnetic Materials
CustomersIndustrial Automation Providers, Automotive Tier 1 Suppliers, SSD and Storage Controller Manufacturers, Aerospace System Integrators
Listed2016
Employees83.0
CEOSanjeev Aggarwal
FilingsSEC EDGAR

Questions, answered.

What is Everspin Technologies's market cap?
Everspin Technologies (MRAM) has a market capitalization of $350.5M and trades on NASDAQ.
What is Everspin Technologies's revenue and profitability?
Everspin Technologies generated $56.9M in trailing twelve-month revenue with a net loss of $2.1M, representing a net margin of -1.1%. Gross margin stands at 51.5%, with free cash flow of $312.0K. These figures are based on the Q1 2026 filing.
Who are Everspin Technologies's competitors?
Everspin Technologies's key competitors include Micron, GSI Technology, Atomera Incorporated Common Stock, and others. These companies compete in similar markets and product categories.
Who does Everspin Technologies partner with?
Everspin Technologies's notable partners include GLOBALFOUNDRIES Inc., Phison Electronics, Xilinx, and others.
Where is Everspin Technologies headquartered?
Everspin Technologies is headquartered in United States of America and employs approximately 83 people. It has been publicly traded since 2016.