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Side-by-side financial comparison of American Express (AXP) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
American Express is the larger business by last-quarter revenue ($18.9M vs $14.9M, roughly 1.3× EVERSPIN TECHNOLOGIES INC.). American Express runs the higher net margin — 15.7% vs -2.0%, a 17.7% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 11.4%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -95.6%).
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
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.
AXP vs MRAM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $14.9M |
| Net Profit | $3.0M | $-296.0K |
| Gross Margin | — | 52.7% |
| Operating Margin | — | 29.0% |
| Net Margin | 15.7% | -2.0% |
| Revenue YoY | 11.4% | 13.2% |
| Net Profit YoY | 15.0% | — |
| EPS (diluted) | — | $-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 | $18.9M | $14.9M | ||
| Q4 25 | $10.9B | $14.8M | ||
| Q3 25 | $10.4B | $14.1M | ||
| Q2 25 | $10.3B | $13.2M | ||
| Q1 25 | $9.6B | $13.1M | ||
| Q4 24 | $10.0B | $13.2M | ||
| Q3 24 | $9.7B | $12.1M | ||
| Q2 24 | $9.8B | $10.6M |
| Q1 26 | $3.0M | $-296.0K | ||
| Q4 25 | $2.5B | $1.2M | ||
| Q3 25 | $2.9B | $54.0K | ||
| Q2 25 | $2.9B | $-670.0K | ||
| Q1 25 | $2.6B | $-1.2M | ||
| Q4 24 | $2.2B | $1.2M | ||
| Q3 24 | $2.5B | $2.3M | ||
| Q2 24 | $3.0B | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 50.8% | ||
| Q3 25 | — | 51.3% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 51.4% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | — | 49.2% | ||
| Q2 24 | — | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 28.2% | -7.2% | ||
| Q3 25 | 36.7% | -11.0% | ||
| Q2 25 | 34.4% | -14.9% | ||
| Q1 25 | 34.6% | -14.7% | ||
| Q4 24 | 27.7% | -11.8% | ||
| Q3 24 | 33.0% | -17.5% | ||
| Q2 24 | 38.6% | -26.5% |
| Q1 26 | 15.7% | -2.0% | ||
| Q4 25 | 22.5% | 8.1% | ||
| Q3 25 | 27.9% | 0.4% | ||
| Q2 25 | 28.0% | -5.1% | ||
| Q1 25 | 26.8% | -8.9% | ||
| Q4 24 | 21.8% | 9.2% | ||
| Q3 24 | 25.8% | 18.8% | ||
| Q2 24 | 30.7% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $3.52 | $0.05 | ||
| Q3 25 | $4.14 | $0.00 | ||
| Q2 25 | $4.08 | $-0.03 | ||
| Q1 25 | $3.64 | $-0.05 | ||
| Q4 24 | $3.04 | $0.07 | ||
| Q3 24 | $3.49 | $0.10 | ||
| Q2 24 | $4.15 | $-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 | — | $40.5M |
| Total DebtLower is stronger | $60.4M | — |
| Stockholders' EquityBook value | $34.0M | $70.2M |
| Total Assets | $308.9M | $83.2M |
| Debt / EquityLower = less leverage | 1.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | $742.0M | $44.5M | ||
| Q3 25 | $1.3B | $45.3M | ||
| Q2 25 | $197.0M | $45.0M | ||
| Q1 25 | $261.0M | $42.2M | ||
| Q4 24 | $221.0M | $42.1M | ||
| Q3 24 | $120.0M | $39.6M | ||
| Q2 24 | $188.0M | $36.8M |
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | — | ||
| Q3 25 | $57.8B | — | ||
| Q2 25 | $58.2B | — | ||
| Q1 25 | $51.2B | — | ||
| Q4 24 | $49.7B | — | ||
| Q3 24 | $53.5B | — | ||
| Q2 24 | $51.5B | — |
| Q1 26 | $34.0M | $70.2M | ||
| Q4 25 | $33.5B | $68.9M | ||
| Q3 25 | $32.4B | $65.8M | ||
| Q2 25 | $32.3B | $64.1M | ||
| Q1 25 | $31.2B | $63.0M | ||
| Q4 24 | $30.3B | $62.6M | ||
| Q3 24 | $29.7B | $59.3M | ||
| Q2 24 | $29.5B | $55.4M |
| Q1 26 | $308.9M | $83.2M | ||
| Q4 25 | $300.1B | $84.6M | ||
| Q3 25 | $297.6B | $80.3M | ||
| Q2 25 | $295.6B | $78.9M | ||
| Q1 25 | $282.2B | $80.2M | ||
| Q4 24 | $271.5B | $77.8M | ||
| Q3 24 | $271.0B | $72.6M | ||
| Q2 24 | $272.2B | $64.6M |
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.80× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.74× | — |
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 | — | $570.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $3.1B | $2.6M | ||
| Q3 25 | $6.2B | $881.0K | ||
| Q2 25 | $4.4B | $5.0M | ||
| Q1 25 | $4.8B | $1.4M | ||
| Q4 24 | $5.8B | $3.8M | ||
| Q3 24 | $-1.8B | $2.8M | ||
| Q2 24 | $4.5B | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $-975.0K | ||
| Q3 25 | $5.6B | $543.0K | ||
| Q2 25 | $3.7B | $3.0M | ||
| Q1 25 | $4.3B | $527.0K | ||
| Q4 24 | $5.3B | $2.1M | ||
| Q3 24 | $-2.3B | $2.8M | ||
| Q2 24 | $4.0B | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | -6.6% | ||
| Q3 25 | 53.6% | 3.9% | ||
| Q2 25 | 36.3% | 22.9% | ||
| Q1 25 | 45.0% | 4.0% | ||
| Q4 24 | 53.1% | 15.8% | ||
| Q3 24 | -23.3% | 22.9% | ||
| Q2 24 | 40.4% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 24.3% | ||
| Q3 25 | 6.3% | 2.4% | ||
| Q2 25 | 6.0% | 15.1% | ||
| Q1 25 | 4.5% | 6.9% | ||
| Q4 24 | 5.0% | 13.2% | ||
| Q3 24 | 4.7% | 0.5% | ||
| Q2 24 | 5.8% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | 2.19× | ||
| Q3 25 | 2.15× | 16.31× | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | 3.16× | ||
| Q3 24 | -0.72× | 1.25× | ||
| Q2 24 | 1.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
