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Side-by-side financial comparison of Beam Global (BEEM) 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 $9.0M, roughly 1.6× Beam Global). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -25.8%, a 23.8% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 6.7%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -21.2%).
Suntory Global Spirits Inc., formerly known as Beam Suntory, Inc., and before that as Beam, Inc., is an American beverage company that is a subsidiary of Suntory Holdings, a Japanese multinational beverage conglomerate. The company produces alcoholic beverages.
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.
BEEM vs MRAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $9.0M | $14.9M |
| Net Profit | $-2.3M | $-296.0K |
| Gross Margin | 17.8% | 52.7% |
| Operating Margin | -29.3% | 29.0% |
| Net Margin | -25.8% | -2.0% |
| Revenue YoY | 6.7% | 13.2% |
| Net Profit YoY | 49.6% | — |
| 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 | — | $14.9M | ||
| Q4 25 | $9.0M | $14.8M | ||
| Q3 25 | $5.8M | $14.1M | ||
| Q2 25 | $7.1M | $13.2M | ||
| Q1 25 | $6.3M | $13.1M | ||
| Q4 24 | $8.5M | $13.2M | ||
| Q3 24 | $11.5M | $12.1M | ||
| Q2 24 | $14.8M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $-2.3M | $1.2M | ||
| Q3 25 | $-4.9M | $54.0K | ||
| Q2 25 | $-4.3M | $-670.0K | ||
| Q1 25 | $-15.5M | $-1.2M | ||
| Q4 24 | $-4.6M | $1.2M | ||
| Q3 24 | $1.3M | $2.3M | ||
| Q2 24 | $-4.9M | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 17.8% | 50.8% | ||
| Q3 25 | -0.5% | 51.3% | ||
| Q2 25 | 20.3% | 51.3% | ||
| Q1 25 | 7.9% | 51.4% | ||
| Q4 24 | 26.3% | 51.3% | ||
| Q3 24 | 10.7% | 49.2% | ||
| Q2 24 | 15.9% | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | -29.3% | -7.2% | ||
| Q3 25 | -84.2% | -11.0% | ||
| Q2 25 | -63.1% | -14.9% | ||
| Q1 25 | -245.8% | -14.7% | ||
| Q4 24 | -60.1% | -11.8% | ||
| Q3 24 | 11.2% | -17.5% | ||
| Q2 24 | -32.3% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | -25.8% | 8.1% | ||
| Q3 25 | -84.1% | 0.4% | ||
| Q2 25 | -60.5% | -5.1% | ||
| Q1 25 | -245.5% | -8.9% | ||
| Q4 24 | -54.5% | 9.2% | ||
| Q3 24 | 11.3% | 18.8% | ||
| Q2 24 | -33.2% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | — | $0.05 | ||
| Q3 25 | $-0.28 | $0.00 | ||
| Q2 25 | $-0.28 | $-0.03 | ||
| Q1 25 | $-1.04 | $-0.05 | ||
| Q4 24 | $-0.31 | $0.07 | ||
| Q3 24 | $0.09 | $0.10 | ||
| Q2 24 | $-0.34 | $-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 | $969.0K | $40.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $24.8M | $70.2M |
| Total Assets | $42.7M | $83.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | $969.0K | $44.5M | ||
| Q3 25 | $3.3M | $45.3M | ||
| Q2 25 | — | $45.0M | ||
| Q1 25 | — | $42.2M | ||
| Q4 24 | $4.6M | $42.1M | ||
| Q3 24 | — | $39.6M | ||
| Q2 24 | — | $36.8M |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $24.8M | $68.9M | ||
| Q3 25 | $26.5M | $65.8M | ||
| Q2 25 | $26.9M | $64.1M | ||
| Q1 25 | $26.7M | $63.0M | ||
| Q4 24 | $41.3M | $62.6M | ||
| Q3 24 | $46.4M | $59.3M | ||
| Q2 24 | $43.4M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $42.7M | $84.6M | ||
| Q3 25 | $44.6M | $80.3M | ||
| Q2 25 | $46.7M | $78.9M | ||
| Q1 25 | $46.8M | $80.2M | ||
| Q4 24 | $61.5M | $77.8M | ||
| Q3 24 | $67.3M | $72.6M | ||
| Q2 24 | $71.9M | $64.6M |
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 | $-3.8M | $570.0K |
| Free Cash FlowOCF − Capex | $-3.8M | — |
| FCF MarginFCF / Revenue | -42.3% | — |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-11.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $-3.8M | $2.6M | ||
| Q3 25 | $-4.6M | $881.0K | ||
| Q2 25 | $-318.0K | $5.0M | ||
| Q1 25 | $-1.8M | $1.4M | ||
| Q4 24 | $859.0K | $3.8M | ||
| Q3 24 | $-3.0M | $2.8M | ||
| Q2 24 | $2.9M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-3.8M | $-975.0K | ||
| Q3 25 | $-5.1M | $543.0K | ||
| Q2 25 | $-1.1M | $3.0M | ||
| Q1 25 | $-1.8M | $527.0K | ||
| Q4 24 | $462.0K | $2.1M | ||
| Q3 24 | $-3.1M | $2.8M | ||
| Q2 24 | $2.8M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | -42.3% | -6.6% | ||
| Q3 25 | -87.9% | 3.9% | ||
| Q2 25 | -15.2% | 22.9% | ||
| Q1 25 | -28.7% | 4.0% | ||
| Q4 24 | 5.4% | 15.8% | ||
| Q3 24 | -27.4% | 22.9% | ||
| Q2 24 | 18.9% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 24.3% | ||
| Q3 25 | 7.8% | 2.4% | ||
| Q2 25 | 10.7% | 15.1% | ||
| Q1 25 | 0.9% | 6.9% | ||
| Q4 24 | 4.7% | 13.2% | ||
| Q3 24 | 1.7% | 0.5% | ||
| Q2 24 | 0.9% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | — | 16.31× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.16× | ||
| Q3 24 | -2.28× | 1.25× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BEEM
| Products | $7.0M | 77% |
| Other | $2.0M | 23% |
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
