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Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
EVERSPIN TECHNOLOGIES INC. is the larger business by last-quarter revenue ($14.9M vs $8.1M, roughly 1.8× Axil Brands, Inc.). Axil Brands, Inc. runs the higher net margin — 8.7% vs -2.0%, a 10.7% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 5.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 12.1%).
Axil Brands, Inc. is a U.S.-headquartered company that designs, manufactures and markets premium hearing protection products, audio enhancement devices and personal audio accessories. Its offerings include custom-fit earplugs, Bluetooth-enabled hearing buds for work, sports and leisure use, serving both consumer and professional segments across global markets.
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.
AXIL vs MRAM — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.1M | $14.9M |
| Net Profit | $704.9K | $-296.0K |
| Gross Margin | 68.1% | 52.7% |
| Operating Margin | 11.1% | 29.0% |
| Net Margin | 8.7% | -2.0% |
| Revenue YoY | 5.2% | 13.2% |
| Net Profit YoY | 11.2% | — |
| EPS (diluted) | $0.09 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $14.9M | ||
| Q4 25 | $8.1M | $14.8M | ||
| Q3 25 | $6.9M | $14.1M | ||
| Q2 25 | $5.8M | $13.2M | ||
| Q1 25 | $6.9M | $13.1M | ||
| Q4 24 | $7.7M | $13.2M | ||
| Q3 24 | $5.9M | $12.1M | ||
| Q2 24 | $6.5M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $704.9K | $1.2M | ||
| Q3 25 | $334.3K | $54.0K | ||
| Q2 25 | $-245.6K | $-670.0K | ||
| Q1 25 | $576.7K | $-1.2M | ||
| Q4 24 | $633.7K | $1.2M | ||
| Q3 24 | $-109.8K | $2.3M | ||
| Q2 24 | $49.5K | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 68.1% | 50.8% | ||
| Q3 25 | 67.6% | 51.3% | ||
| Q2 25 | 70.0% | 51.3% | ||
| Q1 25 | 71.7% | 51.4% | ||
| Q4 24 | 71.1% | 51.3% | ||
| Q3 24 | 71.0% | 49.2% | ||
| Q2 24 | 71.5% | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 11.1% | -7.2% | ||
| Q3 25 | 6.0% | -11.0% | ||
| Q2 25 | 0.8% | -14.9% | ||
| Q1 25 | 8.4% | -14.7% | ||
| Q4 24 | 8.7% | -11.8% | ||
| Q3 24 | -2.4% | -17.5% | ||
| Q2 24 | 2.6% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | 8.7% | 8.1% | ||
| Q3 25 | 4.9% | 0.4% | ||
| Q2 25 | -4.3% | -5.1% | ||
| Q1 25 | 8.3% | -8.9% | ||
| Q4 24 | 8.2% | 9.2% | ||
| Q3 24 | -1.9% | 18.8% | ||
| Q2 24 | 0.8% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.09 | $0.05 | ||
| Q3 25 | $0.04 | $0.00 | ||
| Q2 25 | $-0.03 | $-0.03 | ||
| Q1 25 | $0.07 | $-0.05 | ||
| Q4 24 | $0.08 | $0.07 | ||
| Q3 24 | $-0.02 | $0.10 | ||
| Q2 24 | $0.11 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.0M | $40.5M |
| Total DebtLower is stronger | $138.3K | — |
| Stockholders' EquityBook value | $11.1M | $70.2M |
| Total Assets | $16.2M | $83.2M |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | $5.0M | $44.5M | ||
| Q3 25 | $4.1M | $45.3M | ||
| Q2 25 | $4.8M | $45.0M | ||
| Q1 25 | $4.7M | $42.2M | ||
| Q4 24 | $5.2M | $42.1M | ||
| Q3 24 | $4.1M | $39.6M | ||
| Q2 24 | $3.3M | $36.8M |
| Q1 26 | — | — | ||
| Q4 25 | $138.3K | — | ||
| Q3 25 | $139.2K | — | ||
| Q2 25 | $140.2K | — | ||
| Q1 25 | $141.0K | — | ||
| Q4 24 | $143.3K | — | ||
| Q3 24 | $144.3K | — | ||
| Q2 24 | $146.6K | — |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $11.1M | $68.9M | ||
| Q3 25 | $10.2M | $65.8M | ||
| Q2 25 | $9.7M | $64.1M | ||
| Q1 25 | $9.7M | $63.0M | ||
| Q4 24 | $8.8M | $62.6M | ||
| Q3 24 | $7.9M | $59.3M | ||
| Q2 24 | $7.7M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $16.2M | $84.6M | ||
| Q3 25 | $15.4M | $80.3M | ||
| Q2 25 | $12.9M | $78.9M | ||
| Q1 25 | $13.0M | $80.2M | ||
| Q4 24 | $13.7M | $77.8M | ||
| Q3 24 | $11.4M | $72.6M | ||
| Q2 24 | $11.0M | $64.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.01× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.02× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $934.8K | $570.0K |
| Free Cash FlowOCF − Capex | $906.4K | — |
| FCF MarginFCF / Revenue | 11.1% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $934.8K | $2.6M | ||
| Q3 25 | $-739.2K | $881.0K | ||
| Q2 25 | $194.4K | $5.0M | ||
| Q1 25 | $-169.9K | $1.4M | ||
| Q4 24 | $1.0M | $3.8M | ||
| Q3 24 | $897.3K | $2.8M | ||
| Q2 24 | $-336.6K | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $906.4K | $-975.0K | ||
| Q3 25 | $-747.6K | $543.0K | ||
| Q2 25 | — | $3.0M | ||
| Q1 25 | $-258.2K | $527.0K | ||
| Q4 24 | $941.1K | $2.1M | ||
| Q3 24 | — | $2.8M | ||
| Q2 24 | $-394.9K | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 11.1% | -6.6% | ||
| Q3 25 | -10.9% | 3.9% | ||
| Q2 25 | — | 22.9% | ||
| Q1 25 | -3.7% | 4.0% | ||
| Q4 24 | 12.2% | 15.8% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | -6.1% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 24.3% | ||
| Q3 25 | 0.1% | 2.4% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | 1.3% | 6.9% | ||
| Q4 24 | 0.9% | 13.2% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | 0.9% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.33× | 2.19× | ||
| Q3 25 | -2.21× | 16.31× | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.29× | — | ||
| Q4 24 | 1.59× | 3.16× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | -6.80× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXIL
| Hearing Enhancement And Protection | $7.8M | 95% |
| Other | $378.9K | 5% |
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
