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Everspin Technologies MRAM Licensing — Total Revenue

Other product segments

Engineering services and other revenue
$631K
Royalties
$141K+6.8%

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Other financials

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

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Market cap$512.1M+279%
Enterprise value$472.95M+392%
P/S+6.2×

Profitability

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Gross margin51.5%+1.2pp
Operating margin-12.8%-2.6pp
Net margin-1.1%-3.9pp
FCF margin11.5%+4.7pp

Returns & leverage

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Return on equity-0.9%-3.7pp
Debt / equity0.0×
Current ratio5.8×+0.5×

Where this comes from

Reported directly by Everspin Technologies in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Everspin Technologies’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Everspin Technologies's licensing — total revenue?
Everspin Technologies (MRAM) reported licensing — total revenue of $0 in Q1 2026.
How has Everspin Technologies's licensing — total revenue changed year-over-year?
Everspin Technologies's licensing — total revenue decreased by 100.0% year-over-year, from $511K to $0.
What is the long-term trend for Everspin Technologies's licensing — total revenue?
Over 3 years (2022 to 2025), Everspin Technologies's licensing — total revenue has grown at a -15.6% compound annual growth rate (CAGR), from $1.94M to $1.16M.
What does licensing — total revenue mean?
This metric represents the total revenue generated from licensing intellectual property, patents, and proprietary technology related to magnetoresistive memory solutions. It reflects the company's ability to monetize its research and development efforts through royalty agreements and technology transfer fees rather than direct product sales. Monitoring this stream provides insight into the scalability of the company's technology portfolio and its long-term strategic reliance on non-manufacturing revenue sources.