Everspin Technologies, Inc.

Everspin Technologies, Inc.

MRAM
Everspin Technologies, Inc.US flagNASDAQ Global Market
16.37
USD
+0.52
- -
383.84MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.94
5.27
5.72
2.88
3.02
2.17
2.24
2.84
2.98
3.07
2.33
2.45
2.7
Basic EPS, GAAP
-2.02
-3.61
-3.53
-1.69
-1.08
-0.85
-0.45
0.22
0.3
0.44
0.04
-0.03
-0.11
Free Cash Flow per Basic Share
-1.68
-2.37
-4.13
-1.76
-1.01
-0.52
-0.17
0.43
0.33
0.57
0.19
0.06
-0.31
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-5.14
-6.66
2.15
0.85
1.46
1.02
0.91
1.37
1.9
2.56
2.84
3
3.01
Tangible Book Value per Share
-5.17
-6.67
2.15
0.85
1.46
1.02
0.91
1.37
1.9
2.56
2.68
2.92
2.98
Basic Weighted Avg Shares
5
5
5
12
16
17
19
19
20
21
22
23
23
Sales/Revenue/Turnover
25
27
27
36
49
38
42
55
60
64
50
55
62
Operating Margin (%)
-39.84
-66.06
-57.29
-56.23
-35.05
-36.34
-17.99
9.13
10.38
9.23
-14.07
-11.79
-15.55
Depreciation Expense
2
1
1
1
1
2
2
1
1
1
2
3
3
Net Income, GAAP
-10
-18
-17
-21
-18
-15
-9
4
6
9
1
-1
-3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
0.09
0.23
- -
- -
- -
9.67
Profit Margin (%)
-40.9
-68.5
-61.67
-58.72
-35.93
-39.11
-20.25
7.88
10.22
14.2
1.55
-1.06
-4.22
Working Capital
9
- -
29
15
27
21
18
26
34
49
54
52
54
LT Debt
- -
7
4
8
7
9
5
2
6
4
3
2
1
Total Equity
10
-6
27
11
25
18
17
27
39
54
63
69
73
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
16.56
15.36
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
16.1
15.83
- -
- -
- -
-0.84
Return on Common Equity (%)
- -
- -
- -
-111.77
-99.17
-67.58
-47.42
19.45
18.6
19.55
1.34
-0.89
-3.84

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
24
Market Capitalization
213
205
587

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
65
64
69
Cash, Cash Equivalents & STI
44
40
44
Accounts Receivable, Net
8
10
11
Inventories
11
11
13
Total Current Liabilities
13
11
15
Payables & Accruals
9
8
9
ST Debt
1
1
1
Deferred Revenue
1
- -
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-36.24%
32.8%
10.1%
Free Cash Flow
-49.36%
-87.04%
-68.16%
Net Income, GAAP
-38.56%
-65.72%
-175.03%
Sales/Revenue/Turnover
9.5%
6.97%
9.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
11
12
13
50
2025
13
13
14
15
55
2026
15
19
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.12
0.1
- -
0.04
2025
-0.05
-0.03
- -
0.05
-0.03
2026
-0.01
-0.15
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sanjeev Aggarwal
Full Time Employees
85
Sector
Technology
Industry
Semiconductors
Address
5670 West Chandler Boulevard Chandler AZ United States of America 85226
IPO Date
Oct 7, 2016
Business
Everspin Technologies, Inc. (NASDAQ: MRAM) designs, manufactures, and sells discrete and embedded Magnetoresistive RAM (MRAM) and Spin-Transfer Torque MRAM (STT-MRAM) products, including Toggle MRAM, STT-MRAM, and tunnel magneto resistance sensor products; it also provides foundry services for MRAM production and licenses its technology for embedded MRAM (eMRAM) applications. The company offers MRAM solutions ranging from 128K to 256Mbit densities, with upcoming 1Gbit STT-MRAM chips, targeting high-endurance, low-latency non-volatile memory for mission-critical uses in industrial IoT, data centers, cloud storage, energy, automotive, transportation, aerospace, medical, and defense sectors. Everspin operates worldwide, with headquarters in Chandler, Arizona, where it maintains an integrated magnetic fabrication line for 180nm, 130nm, and 90nm process nodes; it partners with GLOBALFOUNDRIES for advanced 300mm production on 40nm and 28nm nodes, and conducts package and test operations in Asia. Founded in 2008 as a spin-off from Freescale Semiconductor, the company has deployed over 120 million MRAM and STT-MRAM products globally. Recent developments include a $14.55 million contract in 2024 for onshore MRAM manufacturing serving aerospace and defense; a $9.25 million contract with Frontgrade Technologies in 2024 for radiation-hardened eMRAM macros in space applications; a multi-phase $10.5 million partnership with Purdue University announced in 2025 under the CHEETA program for CMOS+MRAM hardware in energy-efficient AI computing; and validation of its PERSYST MRAM for configuration across all Lattice Semiconductor FPGA families in February 2025, enhancing applications in industrial, aerospace, military, and automotive sectors.

Company News

  • Everspin Technologies and Teledyne HiRel Semiconductors Partner to Accelerate MRAM Adoption in Aerospace and Defense Applications

  • Everspin Tech Targets NOR Flash, Data Center Growth With High-Density MRAM

  • Everspin Tech Targets NOR Flash, Data Center Growth With High-Density MRAM

  • Everspin Tech Targets $100M Revenue by 2029 With MRAM Expansion, Foundry Push

  • Everspin Technologies: New Use Cases Can Propel Its Growth

  • Dimensional Fund Advisors LP Grows Holdings in Everspin Tech $MRAM

  • Everspin Technologies Appoints Vikas Choudhary to Board of Directors

  • Everspin Technologies Appoints Vikas Choudhary to Board of Directors

  • Tradr Announces Upcoming Leveraged ETFs on MRAM, SITM & UMC

  • Everspin Technologies, Inc. (MRAM) Q2 2026 Earnings Call Transcript

  • Everspin Tech Q2 Earnings Call Highlights

  • Everspin Reports Unaudited Second Quarter 2026 Financial Results

  • Everspin Technologies and MaxLinear Collaborate to Advance Memory Efficiency in AI Servers

  • Everspin Technologies 64Mb STT-MRAM Selected by Astro Digital for Raven Bus GEO Satellite Mission

  • Everspin Technologies to Present at the Oppenheimer 29th Annual Technology, Internet & Communications Conference

  • Everspin Announces Date of Second Quarter 2026 Financial Results Conference Call

  • 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost

  • Everspin Technologies Set to Join Russell 2000® Index

  • Everspin Technologies Set to Join Russell 2000® Index

  • 5 Under-the-Radar AI Stocks to Watch in June