vs

Side-by-side financial comparison of Chanson International Holding (CHSN) 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 $8.7M, roughly 1.7× Chanson International Holding). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -12.1%, a 10.1% gap on every dollar of revenue. On growth, Chanson International Holding posted the faster year-over-year revenue change (15.2% vs 13.2%).

Chanson International Holding is a food and beverage enterprise focused on operating premium bakery chains primarily across mainland China. Its product portfolio includes freshly baked bread, handcrafted pastries, custom celebration cakes, specialty beverages, and frozen bakery goods supplied to partnered retail outlets, catering to middle-class consumers with demand for high-quality daily food options.

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.

CHSN vs MRAM — Head-to-Head

Bigger by revenue
MRAM
MRAM
1.7× larger
MRAM
$14.9M
$8.7M
CHSN
Growing faster (revenue YoY)
CHSN
CHSN
+2.0% gap
CHSN
15.2%
13.2%
MRAM
Higher net margin
MRAM
MRAM
10.1% more per $
MRAM
-2.0%
-12.1%
CHSN

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
CHSN
CHSN
MRAM
MRAM
Revenue
$8.7M
$14.9M
Net Profit
$-1.0M
$-296.0K
Gross Margin
44.5%
52.7%
Operating Margin
-13.7%
29.0%
Net Margin
-12.1%
-2.0%
Revenue YoY
15.2%
13.2%
Net Profit YoY
-4579.7%
EPS (diluted)
$-2.87
$-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
CHSN
CHSN
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$14.8M
Q3 25
$14.1M
Q2 25
$8.7M
$13.2M
Q1 25
$13.1M
Q4 24
$13.2M
Q3 24
$12.1M
Q2 24
$7.5M
$10.6M
Net Profit
CHSN
CHSN
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$1.2M
Q3 25
$54.0K
Q2 25
$-1.0M
$-670.0K
Q1 25
$-1.2M
Q4 24
$1.2M
Q3 24
$2.3M
Q2 24
$23.4K
$-2.5M
Gross Margin
CHSN
CHSN
MRAM
MRAM
Q1 26
52.7%
Q4 25
50.8%
Q3 25
51.3%
Q2 25
44.5%
51.3%
Q1 25
51.4%
Q4 24
51.3%
Q3 24
49.2%
Q2 24
41.5%
49.0%
Operating Margin
CHSN
CHSN
MRAM
MRAM
Q1 26
29.0%
Q4 25
-7.2%
Q3 25
-11.0%
Q2 25
-13.7%
-14.9%
Q1 25
-14.7%
Q4 24
-11.8%
Q3 24
-17.5%
Q2 24
-7.4%
-26.5%
Net Margin
CHSN
CHSN
MRAM
MRAM
Q1 26
-2.0%
Q4 25
8.1%
Q3 25
0.4%
Q2 25
-12.1%
-5.1%
Q1 25
-8.9%
Q4 24
9.2%
Q3 24
18.8%
Q2 24
0.3%
-23.5%
EPS (diluted)
CHSN
CHSN
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.05
Q3 25
$0.00
Q2 25
$-2.87
$-0.03
Q1 25
$-0.05
Q4 24
$0.07
Q3 24
$0.10
Q2 24
$0.15
$-0.12

Balance Sheet & Financial Strength

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

Metric
CHSN
CHSN
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$22.1M
$40.5M
Total DebtLower is stronger
$4.5M
Stockholders' EquityBook value
$24.5M
$70.2M
Total Assets
$51.6M
$83.2M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHSN
CHSN
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$44.5M
Q3 25
$45.3M
Q2 25
$22.1M
$45.0M
Q1 25
$42.2M
Q4 24
$42.1M
Q3 24
$39.6M
Q2 24
$4.1M
$36.8M
Total Debt
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
Q3 25
Q2 25
$4.5M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CHSN
CHSN
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$68.9M
Q3 25
$65.8M
Q2 25
$24.5M
$64.1M
Q1 25
$63.0M
Q4 24
$62.6M
Q3 24
$59.3M
Q2 24
$12.1M
$55.4M
Total Assets
CHSN
CHSN
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$84.6M
Q3 25
$80.3M
Q2 25
$51.6M
$78.9M
Q1 25
$80.2M
Q4 24
$77.8M
Q3 24
$72.6M
Q2 24
$38.7M
$64.6M
Debt / Equity
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
Q3 25
Q2 25
0.18×
Q1 25
Q4 24
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
CHSN
CHSN
MRAM
MRAM
Operating Cash FlowLast quarter
$-390.3K
$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.

Operating Cash Flow
CHSN
CHSN
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$2.6M
Q3 25
$881.0K
Q2 25
$-390.3K
$5.0M
Q1 25
$1.4M
Q4 24
$3.8M
Q3 24
$2.8M
Q2 24
$806.1K
$1.7M
Free Cash Flow
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
$-975.0K
Q3 25
$543.0K
Q2 25
$3.0M
Q1 25
$527.0K
Q4 24
$2.1M
Q3 24
$2.8M
Q2 24
$771.9K
$1.7M
FCF Margin
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
-6.6%
Q3 25
3.9%
Q2 25
22.9%
Q1 25
4.0%
Q4 24
15.8%
Q3 24
22.9%
Q2 24
10.2%
15.9%
Capex Intensity
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
24.3%
Q3 25
2.4%
Q2 25
15.1%
Q1 25
6.9%
Q4 24
13.2%
Q3 24
0.5%
Q2 24
0.5%
0.3%
Cash Conversion
CHSN
CHSN
MRAM
MRAM
Q1 26
Q4 25
2.19×
Q3 25
16.31×
Q2 25
Q1 25
Q4 24
3.16×
Q3 24
1.25×
Q2 24
34.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHSN
CHSN

Segment breakdown not available.

MRAM
MRAM

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

Related Comparisons