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Side-by-side financial comparison of Princeton Bancorp, Inc. (BPRN) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.

Princeton Bancorp, Inc. is the larger business by last-quarter revenue ($20.7M vs $14.9M, roughly 1.4× EVERSPIN TECHNOLOGIES INC.). Princeton Bancorp, Inc. runs the higher net margin — 29.3% vs -2.0%, a 31.3% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 3.6%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 9.1%).

Princeton Bancorp, Inc. is a U.S.-based bank holding company operating through its community banking subsidiary. It offers retail and commercial banking products including deposit accounts, small business loans, consumer loans, mortgages and wealth management services, primarily serving clients across New Jersey and the U.S. mid-Atlantic region.

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.

BPRN vs MRAM — Head-to-Head

Bigger by revenue
BPRN
BPRN
1.4× larger
BPRN
$20.7M
$14.9M
MRAM
Growing faster (revenue YoY)
MRAM
MRAM
+9.6% gap
MRAM
13.2%
3.6%
BPRN
Higher net margin
BPRN
BPRN
31.3% more per $
BPRN
29.3%
-2.0%
MRAM
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
9.1%
BPRN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BPRN
BPRN
MRAM
MRAM
Revenue
$20.7M
$14.9M
Net Profit
$6.1M
$-296.0K
Gross Margin
52.7%
Operating Margin
38.2%
29.0%
Net Margin
29.3%
-2.0%
Revenue YoY
3.6%
13.2%
Net Profit YoY
16.3%
EPS (diluted)
$0.89
$-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.

Revenue
BPRN
BPRN
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$20.7M
$14.8M
Q3 25
$21.5M
$14.1M
Q2 25
$21.1M
$13.2M
Q1 25
$20.9M
$13.1M
Q4 24
$20.0M
$13.2M
Q3 24
$19.2M
$12.1M
Q2 24
$18.1M
$10.6M
Net Profit
BPRN
BPRN
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$6.1M
$1.2M
Q3 25
$6.5M
$54.0K
Q2 25
$688.0K
$-670.0K
Q1 25
$5.4M
$-1.2M
Q4 24
$5.2M
$1.2M
Q3 24
$-4.5M
$2.3M
Q2 24
$5.1M
$-2.5M
Gross Margin
BPRN
BPRN
MRAM
MRAM
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%
Operating Margin
BPRN
BPRN
MRAM
MRAM
Q1 26
29.0%
Q4 25
38.2%
-7.2%
Q3 25
38.5%
-11.0%
Q2 25
2.8%
-14.9%
Q1 25
32.9%
-14.7%
Q4 24
34.0%
-11.8%
Q3 24
-29.1%
-17.5%
Q2 24
34.1%
-26.5%
Net Margin
BPRN
BPRN
MRAM
MRAM
Q1 26
-2.0%
Q4 25
29.3%
8.1%
Q3 25
30.0%
0.4%
Q2 25
3.3%
-5.1%
Q1 25
25.7%
-8.9%
Q4 24
26.1%
9.2%
Q3 24
-23.3%
18.8%
Q2 24
28.4%
-23.5%
EPS (diluted)
BPRN
BPRN
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.89
$0.05
Q3 25
$0.95
$0.00
Q2 25
$0.10
$-0.03
Q1 25
$0.77
$-0.05
Q4 24
$0.75
$0.07
Q3 24
$-0.68
$0.10
Q2 24
$0.80
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BPRN
BPRN
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$270.7M
$70.2M
Total Assets
$2.3B
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BPRN
BPRN
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$44.5M
Q3 25
$45.3M
Q2 25
$45.0M
Q1 25
$42.2M
Q4 24
$42.1M
Q3 24
$39.6M
Q2 24
$36.8M
Total Debt
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
Q3 25
$0
Q2 25
$10.0M
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
BPRN
BPRN
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$270.7M
$68.9M
Q3 25
$266.6M
$65.8M
Q2 25
$261.9M
$64.1M
Q1 25
$267.0M
$63.0M
Q4 24
$262.0M
$62.6M
Q3 24
$261.5M
$59.3M
Q2 24
$244.8M
$55.4M
Total Assets
BPRN
BPRN
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$2.3B
$84.6M
Q3 25
$2.2B
$80.3M
Q2 25
$2.2B
$78.9M
Q1 25
$2.3B
$80.2M
Q4 24
$2.3B
$77.8M
Q3 24
$2.4B
$72.6M
Q2 24
$2.0B
$64.6M
Debt / Equity
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.04×
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BPRN
BPRN
MRAM
MRAM
Operating Cash FlowLast quarter
$21.5M
$570.0K
Free Cash FlowOCF − Capex
$20.6M
FCF MarginFCF / Revenue
99.3%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
3.54×
TTM Free Cash FlowTrailing 4 quarters
$29.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BPRN
BPRN
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$21.5M
$2.6M
Q3 25
$4.9M
$881.0K
Q2 25
$3.1M
$5.0M
Q1 25
$1.3M
$1.4M
Q4 24
$14.7M
$3.8M
Q3 24
$1.2M
$2.8M
Q2 24
$4.3M
$1.7M
Free Cash Flow
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
$20.6M
$-975.0K
Q3 25
$4.7M
$543.0K
Q2 25
$2.9M
$3.0M
Q1 25
$1.1M
$527.0K
Q4 24
$13.2M
$2.1M
Q3 24
$766.0K
$2.8M
Q2 24
$3.9M
$1.7M
FCF Margin
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
99.3%
-6.6%
Q3 25
21.6%
3.9%
Q2 25
13.7%
22.9%
Q1 25
5.0%
4.0%
Q4 24
65.9%
15.8%
Q3 24
4.0%
22.9%
Q2 24
21.8%
15.9%
Capex Intensity
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
4.3%
24.3%
Q3 25
1.1%
2.4%
Q2 25
1.2%
15.1%
Q1 25
1.0%
6.9%
Q4 24
7.6%
13.2%
Q3 24
2.2%
0.5%
Q2 24
2.1%
0.3%
Cash Conversion
BPRN
BPRN
MRAM
MRAM
Q1 26
Q4 25
3.54×
2.19×
Q3 25
0.76×
16.31×
Q2 25
4.57×
Q1 25
0.23×
Q4 24
2.82×
3.16×
Q3 24
1.25×
Q2 24
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BPRN
BPRN

Segment breakdown not available.

MRAM
MRAM

Product sales$14.1M95%
Licensing, royalty, patent, engineering services and other revenue$772.0K5%

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