vs
Side-by-side financial comparison of BGSF, INC. (BGSF) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
BGSF, INC. is the larger business by last-quarter revenue ($22.0M vs $14.9M, roughly 1.5× EVERSPIN TECHNOLOGIES INC.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -5.3%, a 3.3% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -9.4%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
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.
BGSF vs MRAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $14.9M |
| Net Profit | $-1.2M | $-296.0K |
| Gross Margin | 35.0% | 52.7% |
| Operating Margin | -17.6% | 29.0% |
| Net Margin | -5.3% | -2.0% |
| Revenue YoY | -9.4% | 13.2% |
| Net Profit YoY | -18.2% | — |
| EPS (diluted) | $-0.12 | $-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 | $22.0M | $14.8M | ||
| Q3 25 | $26.9M | $14.1M | ||
| Q2 25 | $23.5M | $13.2M | ||
| Q1 25 | $20.9M | $13.1M | ||
| Q4 24 | $24.3M | $13.2M | ||
| Q3 24 | $29.8M | $12.1M | ||
| Q2 24 | $25.7M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $-1.2M | $1.2M | ||
| Q3 25 | $-5.8M | $54.0K | ||
| Q2 25 | $-3.7M | $-670.0K | ||
| Q1 25 | $-722.0K | $-1.2M | ||
| Q4 24 | $-981.0K | $1.2M | ||
| Q3 24 | $-804.0K | $2.3M | ||
| Q2 24 | $-761.0K | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 35.0% | 50.8% | ||
| Q3 25 | 35.9% | 51.3% | ||
| Q2 25 | 35.8% | 51.3% | ||
| Q1 25 | 36.2% | 51.4% | ||
| Q4 24 | 35.9% | 51.3% | ||
| Q3 24 | 35.9% | 49.2% | ||
| Q2 24 | 37.3% | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | -17.6% | -7.2% | ||
| Q3 25 | -3.5% | -11.0% | ||
| Q2 25 | -18.8% | -14.9% | ||
| Q1 25 | 1.6% | -14.7% | ||
| Q4 24 | -15.7% | -11.8% | ||
| Q3 24 | -3.4% | -17.5% | ||
| Q2 24 | -5.7% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | -5.3% | 8.1% | ||
| Q3 25 | -21.6% | 0.4% | ||
| Q2 25 | -15.9% | -5.1% | ||
| Q1 25 | -3.5% | -8.9% | ||
| Q4 24 | -4.0% | 9.2% | ||
| Q3 24 | -2.7% | 18.8% | ||
| Q2 24 | -3.0% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $-0.12 | $0.05 | ||
| Q3 25 | $-0.52 | $0.00 | ||
| Q2 25 | $-0.34 | $-0.03 | ||
| Q1 25 | $-0.06 | $-0.05 | ||
| Q4 24 | — | $0.07 | ||
| Q3 24 | $-0.07 | $0.10 | ||
| Q2 24 | $-0.07 | $-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 | — | — |
| Stockholders' EquityBook value | $48.1M | $70.2M |
| Total Assets | $57.8M | $83.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | — | $44.5M | ||
| Q3 25 | $41.2M | $45.3M | ||
| Q2 25 | $2.8M | $45.0M | ||
| Q1 25 | $2.0M | $42.2M | ||
| Q4 24 | $32.0K | $42.1M | ||
| Q3 24 | $262 | $39.6M | ||
| Q2 24 | $226 | $36.8M |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $48.1M | $68.9M | ||
| Q3 25 | $50.7M | $65.8M | ||
| Q2 25 | $78.3M | $64.1M | ||
| Q1 25 | $81.8M | $63.0M | ||
| Q4 24 | $82.3M | $62.6M | ||
| Q3 24 | $82.9M | $59.3M | ||
| Q2 24 | $83.2M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $57.8M | $84.6M | ||
| Q3 25 | $83.6M | $80.3M | ||
| Q2 25 | $149.7M | $78.9M | ||
| Q1 25 | $152.3M | $80.2M | ||
| Q4 24 | $150.1M | $77.8M | ||
| Q3 24 | $157.3K | $72.6M | ||
| Q2 24 | $159.8K | $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 | $1.7M | $570.0K |
| Free Cash FlowOCF − Capex | $1.7M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $1.7M | $2.6M | ||
| Q3 25 | $-4.8M | $881.0K | ||
| Q2 25 | $2.2M | $5.0M | ||
| Q1 25 | $1.1M | $1.4M | ||
| Q4 24 | $3.2M | $3.8M | ||
| Q3 24 | $6.5M | $2.8M | ||
| Q2 24 | $7.3M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7M | $-975.0K | ||
| Q3 25 | $-4.9M | $543.0K | ||
| Q2 25 | $2.1M | $3.0M | ||
| Q1 25 | $1.0M | $527.0K | ||
| Q4 24 | $2.5M | $2.1M | ||
| Q3 24 | $6.5M | $2.8M | ||
| Q2 24 | $7.3M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | -6.6% | ||
| Q3 25 | -18.1% | 3.9% | ||
| Q2 25 | 9.1% | 22.9% | ||
| Q1 25 | 5.0% | 4.0% | ||
| Q4 24 | 10.2% | 15.8% | ||
| Q3 24 | 21.7% | 22.9% | ||
| Q2 24 | 28.5% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 24.3% | ||
| Q3 25 | 0.4% | 2.4% | ||
| Q2 25 | 0.0% | 15.1% | ||
| Q1 25 | 0.1% | 6.9% | ||
| Q4 24 | 3.0% | 13.2% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | 0.0% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | — | 16.31× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.16× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
