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Everspin Technologies MRAM Contract obligations

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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 mram:IncreaseDecreaseInContractObligations.

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 contract obligations?
Everspin Technologies (MRAM) reported contract obligations of -$1.18M in Q1 2026.
How has Everspin Technologies's contract obligations changed year-over-year?
Everspin Technologies's contract obligations decreased by 309.4% year-over-year, from $564K to -$1.18M.
What does contract obligations mean?
Represents the net change in liabilities arising from contractual agreements where the company has an obligation to provide goods or services in the future. This metric reflects shifts in deferred performance obligations and helps investors understand the timing of revenue recognition relative to cash receipts. A decrease typically indicates the fulfillment of prior obligations or a reduction in future service commitments.