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EVERSPIN TECHNOLOGIES INC.

EVERSPIN TECHNOLOGIES INC.MRAMEarnings & Financial Report

Nasdaq

Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performs backend foundry services for eMRAM.

MRAM Q3 2025 Key Financial Metrics

Revenue

$14.1M

Gross Profit

$7.2M

Operating Profit

$-1.5M

Net Profit

$54.0K

Gross Margin

51.3%

Operating Margin

-11.0%

Net Margin

0.4%

YoY Growth

16.3%

EPS

$0.00

Financial Flow

EVERSPIN TECHNOLOGIES INC. Q3 2025 Financial Summary

EVERSPIN TECHNOLOGIES INC. reported revenue of $14.1M for Q3 2025, with a net profit of $54.0K (0.4% margin). Cost of goods sold was $6.9M, operating expenses totaled $8.8M.

Key Financial Metrics

Total Revenue$14.1M
Net Profit$54.0K
Gross Margin51.3%
Operating Margin-11.0%
Report PeriodQ3 2025

EVERSPIN TECHNOLOGIES INC. Annual Revenue by Year

EVERSPIN TECHNOLOGIES INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $50.4M).

YearAnnual Revenue
2024$50.4M
2023$63.8M
2022$60.0M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$16.7M$14.4M$10.6M$12.1M$13.2M$13.1M$13.2M$14.1M
YoY Growth6.5%-2.8%-32.5%-26.6%-20.7%-9.0%24.1%16.3%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$67.3M$66.2M$64.6M$72.6M$77.8M$80.2M$78.9M$80.3M
Liabilities$13.4M$10.4M$9.1M$13.3M$15.2M$17.2M$14.8M$14.5M
Equity$53.9M$55.8M$55.4M$59.3M$62.6M$63.0M$64.1M$65.8M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$2.0M$-1.3M$1.7M$2.8M$3.8M$1.4M$5.0M$881000