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Everspin Technologies MRAM Product sales — Total Revenue

Other product segments

Engineering services and other revenue
$631K
Royalties
$141K+6.8%
Licensing
$0-100%

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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 product sales — total revenue?
Everspin Technologies (MRAM) reported product sales — total revenue of $14.1M in Q1 2026.
How has Everspin Technologies's product sales — total revenue changed year-over-year?
Everspin Technologies's product sales — total revenue increased by 27.9% year-over-year, from $11.03M to $14.1M.
What is the long-term trend for Everspin Technologies's product sales — total revenue?
Over 4 years (2021 to 2025), Everspin Technologies's product sales — total revenue has grown at a 2.4% compound annual growth rate (CAGR), from $43.93M to $48.29M.
What does product sales — total revenue mean?
This metric represents the total gross income generated from the sale of physical hardware units or proprietary memory products within the company's primary business segment. It serves as a key indicator of market demand for the company's core technology offerings and reflects the scale of commercial adoption for its specific product portfolio. Growth in this figure highlights the company's ability to successfully monetize its technological innovations and expand its footprint in the semiconductor market.