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Side-by-side financial comparison of Dogness (International) Corp (DOGZ) 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 $7.7M, roughly 1.9× Dogness (International) Corp). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -67.1%, a 65.1% gap on every dollar of revenue.

Dogness (International) Corp is a pet product manufacturer focused on designing, producing and selling a broad portfolio of pet care goods, including smart pet feeders, automatic waterers, leashes, collars and grooming tools. Its core markets cover North America, Europe and China, serving both retail consumers and B2B partners in the global pet industry.

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.

DOGZ vs MRAM — Head-to-Head

Bigger by revenue
MRAM
MRAM
1.9× larger
MRAM
$14.9M
$7.7M
DOGZ
Higher net margin
MRAM
MRAM
65.1% more per $
MRAM
-2.0%
-67.1%
DOGZ

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
DOGZ
DOGZ
MRAM
MRAM
Revenue
$7.7M
$14.9M
Net Profit
$-5.2M
$-296.0K
Gross Margin
11.2%
52.7%
Operating Margin
-70.8%
29.0%
Net Margin
-67.1%
-2.0%
Revenue YoY
13.2%
Net Profit YoY
EPS (diluted)
$-0.29
$-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
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$7.7M
$14.8M
Q3 25
$14.1M
Q2 25
$6.7M
$13.2M
Q1 25
$13.1M
Q4 24
$13.2M
Q3 24
$12.1M
Q2 24
$10.6M
Net Profit
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$-5.2M
$1.2M
Q3 25
$54.0K
Q2 25
$-3.2M
$-670.0K
Q1 25
$-1.2M
Q4 24
$1.2M
Q3 24
$2.3M
Q2 24
$-2.5M
Gross Margin
DOGZ
DOGZ
MRAM
MRAM
Q1 26
52.7%
Q4 25
11.2%
50.8%
Q3 25
51.3%
Q2 25
19.6%
51.3%
Q1 25
51.4%
Q4 24
51.3%
Q3 24
49.2%
Q2 24
49.0%
Operating Margin
DOGZ
DOGZ
MRAM
MRAM
Q1 26
29.0%
Q4 25
-70.8%
-7.2%
Q3 25
-11.0%
Q2 25
-53.6%
-14.9%
Q1 25
-14.7%
Q4 24
-11.8%
Q3 24
-17.5%
Q2 24
-26.5%
Net Margin
DOGZ
DOGZ
MRAM
MRAM
Q1 26
-2.0%
Q4 25
-67.1%
8.1%
Q3 25
0.4%
Q2 25
-47.9%
-5.1%
Q1 25
-8.9%
Q4 24
9.2%
Q3 24
18.8%
Q2 24
-23.5%
EPS (diluted)
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$-0.29
$0.05
Q3 25
$0.00
Q2 25
$-0.03
Q1 25
$-0.05
Q4 24
$0.07
Q3 24
$0.10
Q2 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
DOGZ
DOGZ
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$6.6M
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$95.1M
$70.2M
Total Assets
$114.5M
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$6.6M
$44.5M
Q3 25
$45.3M
Q2 25
$12.8M
$45.0M
Q1 25
$42.2M
Q4 24
$42.1M
Q3 24
$39.6M
Q2 24
$36.8M
Stockholders' Equity
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$95.1M
$68.9M
Q3 25
$65.8M
Q2 25
$97.8M
$64.1M
Q1 25
$63.0M
Q4 24
$62.6M
Q3 24
$59.3M
Q2 24
$55.4M
Total Assets
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$114.5M
$84.6M
Q3 25
$80.3M
Q2 25
$116.8M
$78.9M
Q1 25
$80.2M
Q4 24
$77.8M
Q3 24
$72.6M
Q2 24
$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
DOGZ
DOGZ
MRAM
MRAM
Operating Cash FlowLast quarter
$-1.6M
$570.0K
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-77.8%
Capex IntensityCapex / Revenue
56.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOGZ
DOGZ
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$-1.6M
$2.6M
Q3 25
$881.0K
Q2 25
$5.0M
Q1 25
$1.4M
Q4 24
$3.8M
Q3 24
$2.8M
Q2 24
$1.7M
Free Cash Flow
DOGZ
DOGZ
MRAM
MRAM
Q1 26
Q4 25
$-6.0M
$-975.0K
Q3 25
$543.0K
Q2 25
$3.0M
Q1 25
$527.0K
Q4 24
$2.1M
Q3 24
$2.8M
Q2 24
$1.7M
FCF Margin
DOGZ
DOGZ
MRAM
MRAM
Q1 26
Q4 25
-77.8%
-6.6%
Q3 25
3.9%
Q2 25
22.9%
Q1 25
4.0%
Q4 24
15.8%
Q3 24
22.9%
Q2 24
15.9%
Capex Intensity
DOGZ
DOGZ
MRAM
MRAM
Q1 26
Q4 25
56.9%
24.3%
Q3 25
2.4%
Q2 25
15.1%
Q1 25
6.9%
Q4 24
13.2%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
DOGZ
DOGZ
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

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOGZ
DOGZ

Segment breakdown not available.

MRAM
MRAM

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

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