What is Everspin Technologies's R&D?

Everspin Technologies (MRAM) reported R&D of $3.61M in Q1 2026.

How has Everspin Technologies's R&D changed year-over-year?

Everspin Technologies's R&D increased by 7.4% year-over-year, from $3.36M to $3.61M.

What is the long-term trend for Everspin Technologies's R&D?

Over 4 years (2021 to 2025), Everspin Technologies's R&D has grown at a 2.8% compound annual growth rate (CAGR), from $12.63M to $14.09M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Everspin Technologies MRAM R&D

R&D at other companies

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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/S9×+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 / equity0×0.0×

Current ratio5.8×+0.5×

Where this comes from

Reported directly by Everspin Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Everspin Technologies (MRAM) reported R&D of $3.61M in Q1 2026.
How has Everspin Technologies's R&D changed year-over-year?: Everspin Technologies's R&D increased by 7.4% year-over-year, from $3.36M to $3.61M.
What is the long-term trend for Everspin Technologies's R&D?: Over 4 years (2021 to 2025), Everspin Technologies's R&D has grown at a 2.8% compound annual growth rate (CAGR), from $12.63M to $14.09M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.