MRAM

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Everspin Technologies, Inc.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $18.65
52-Week Range: $7.35 – $51.50
Market Cap: $458.51M
P/E (TTM): —
EPS (TTM): -0.12
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 6.25
PEG Ratio: —
Return on Equity: -3.84%
Return on Assets: -7.21%
Gross Margin: 52.28%
Operating Margin: -23.39%
Profit Margin: -4.22%
Current Ratio: 4.74
Debt/Equity: 0.04
Total Debt: $2.83M
Free Cash Flow: $-10.98M
Revenue Growth: 41.90%
Earnings Growth: —
Enterprise Value: $417.45M

MRAM Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$59.98M	$63.77M	$50.40M	$55.20M
Cost of Revenue	$26.04M	$26.52M	$24.28M	$26.96M
Gross Profit	$33.95M	$37.24M	$26.13M	$28.24M
Research & Development	$11.11M	$11.78M	$13.69M	$14.09M
Selling, General & Admin	$16.61M	$19.58M	$19.53M	$20.66M
Operating Expenses	$27.72M	$31.36M	$33.22M	$34.75M
Operating Income	$6.23M	$5.88M	-$7.09M	-$6.51M
EBITDA	$7.40M	$10.30M	-$5.36M	-$3.30M
Pretax Income	$6.14M	$9.04M	$741.00K	-$457.00K
Income Tax	$14.00K	-$16.00K	-$40.00K	$129.00K
Net Income	$6.13M	$9.05M	$781.00K	-$586.00K
Diluted EPS	0.29	0.42	0.04	-0.03
Diluted Shares	20.78M	21.37M	22.16M	22.57M

MRAM Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$26.80M	$36.95M	$42.10M	$44.45M
Receivables	$10.66M	$11.55M	$11.72M	$8.10M
Inventory	$6.68M	$8.39M	$9.11M	$10.73M
Current Assets	$44.75M	$57.88M	$64.20M	$65.16M
Total Assets	$55.33M	$67.30M	$77.79M	$84.61M
Current Liabilities	$10.88M	$8.78M	$9.91M	$13.45M
Total Debt	$9.30M	$5.58M	$4.64M	$3.34M
Total Liabilities	$16.67M	$13.38M	$15.20M	$15.69M
Retained Earnings	-$146.70M	-$137.65M	-$136.87M	-$137.46M
Shareholders' Equity	$38.66M	$53.92M	$62.59M	$68.92M
Working Capital	$33.87M	$49.10M	$54.29M	$51.71M

MRAM Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$9.49M	$13.13M	$7.10M	$9.96M
Capital Expenditure	-$2.79M	-$1.40M	-$3.06M	-$8.67M
Free Cash Flow	$6.71M	$11.72M	$4.04M	$1.29M
Depreciation & Amortisation	$982.00K	$1.21M	$1.73M	$3.21M
Stock-Based Compensation	$4.41M	$5.00M	$6.71M	$5.78M
Investing Cash Flow	-$2.59M	-$1.39M	-$3.06M	-$8.67M
Financing Cash Flow	-$1.52M	-$1.59M	$1.11M	$1.07M
Net Change in Cash	$5.39M	$10.15M	$5.15M	$2.35M

MRAM Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$13.14M	$13.20M	$14.06M	$14.80M	$14.87M	$18.74M
Cost of Revenue	$6.38M	$6.43M	$6.85M	$7.29M	$7.03M	$8.64M
Gross Profit	$6.75M	$6.77M	$7.21M	$7.51M	$7.84M	$10.10M
Research & Development	$3.36M	$3.58M	$3.58M	$3.57M	$3.60M	$4.84M
Selling, General & Admin	$5.33M	$5.15M	$5.17M	$5.02M	$6.95M	$9.64M
Operating Expenses	$8.69M	$8.73M	$8.75M	$8.59M	$10.56M	$14.48M
Operating Income	-$1.93M	-$1.96M	-$1.54M	-$1.07M	-$2.72M	-$4.38M
EBITDA	-$1.09M	-$1.11M	-$679.00K	-$419.00K	-$2.02M	-$3.67M
Pretax Income	-$1.14M	-$696.00K	$51.00K	$1.32M	-$293.00K	-$3.59M
Income Tax	$30.00K	-$26.00K	-$3.00K	$128.00K	$3.00K	$0.00
Net Income	-$1.17M	-$670.00K	$54.00K	$1.20M	-$296.00K	-$3.59M
Diluted EPS	-0.05	-0.03	0.00	0.05	-0.01	-0.15
Diluted Shares	22.19M	22.50M	23.15M	23.85M	23.14M	23.88M

MRAM Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$42.16M	$44.96M	$45.26M	$44.45M	$40.49M	$43.90M
Receivables	$12.56M	$7.37M	$8.69M	$8.10M	$10.16M	$10.77M
Inventory	$10.99M	$11.31M	$11.82M	$10.73M	$11.26M	$13.09M
Current Assets	$66.75M	$64.75M	$66.64M	$65.16M	$63.72M	$69.01M
Total Assets	$80.23M	$78.92M	$80.27M	$84.61M	$83.19M	$89.39M
Current Liabilities	$12.57M	$11.03M	$11.41M	$13.45M	$11.06M	$14.57M
Total Debt	$4.32M	$4.00M	$3.67M	$3.34M	$3.00M	$2.83M
Total Liabilities	$17.20M	$14.85M	$14.45M	$15.69M	$12.95M	$16.29M
Retained Earnings	-$138.03M	-$138.71M	-$138.65M	-$137.46M	-$137.75M	-$141.34M
Shareholders' Equity	$63.03M	$64.08M	$65.82M	$68.92M	$70.25M	$73.11M
Working Capital	$54.18M	$53.73M	$55.23M	$51.71M	$52.66M	$54.44M

MRAM Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$1.44M	$5.01M	$881.00K	$2.62M	$570.00K	$159.00K
Capital Expenditure	-$1.39M	-$2.49M	-$855.00K	-$3.94M	-$4.83M	-$1.82M
Free Cash Flow	$49.00K	$2.53M	$26.00K	-$1.32M	-$4.26M	-$1.66M
Depreciation & Amortisation	$846.00K	$849.00K	$866.00K	$651.00K	$699.00K	$708.00K
Stock-Based Compensation	$1.58M	$1.42M	$1.41M	$1.37M	$1.30M	$1.37M
Investing Cash Flow	-$1.39M	-$2.49M	-$855.00K	-$3.94M	-$4.83M	-$1.82M
Financing Cash Flow	$12.00K	$276.00K	$269.00K	$510.00K	$308.00K	$5.06M
Net Change in Cash	$61.00K	$2.80M	$295.00K	-$807.00K	-$3.96M	$3.40M

Market Snapshot

About

Develops and manufactures magnetoresistive RAM (MRAM) products for industrial, automotive, transportation, and enterprise storage applications. MRAM technology offers non-volatile memory with fast read/write speeds and high endurance, positioning as alternative to flash and SRAM.