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Side-by-side financial comparison of ECB Bancorp, Inc. (ECBK) 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 $9.5M, roughly 1.6× ECB Bancorp, Inc.). ECB Bancorp, Inc. runs the higher net margin — 27.3% vs -2.0%, a 29.3% gap on every dollar of revenue. On growth, ECB Bancorp, Inc. posted the faster year-over-year revenue change (33.8% vs 13.2%). Over the past eight quarters, ECB Bancorp, Inc.'s revenue compounded faster (23.8% CAGR vs 18.2%).

ECB Bancorp, Inc. (MD) is a US-based bank holding company. It offers a full suite of retail and commercial banking products including deposit accounts, consumer loans, commercial financing and wealth management solutions, primarily serving individuals and small-to-mid enterprises across local markets in Maryland.

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.

ECBK vs MRAM — Head-to-Head

Bigger by revenue
MRAM
MRAM
1.6× larger
MRAM
$14.9M
$9.5M
ECBK
Growing faster (revenue YoY)
ECBK
ECBK
+20.6% gap
ECBK
33.8%
13.2%
MRAM
Higher net margin
ECBK
ECBK
29.3% more per $
ECBK
27.3%
-2.0%
MRAM
Faster 2-yr revenue CAGR
ECBK
ECBK
Annualised
ECBK
23.8%
18.2%
MRAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ECBK
ECBK
MRAM
MRAM
Revenue
$9.5M
$14.9M
Net Profit
$2.6M
$-296.0K
Gross Margin
52.7%
Operating Margin
36.7%
29.0%
Net Margin
27.3%
-2.0%
Revenue YoY
33.8%
13.2%
Net Profit YoY
79.5%
EPS (diluted)
$0.32
$-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
ECBK
ECBK
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$9.5M
$14.8M
Q3 25
$8.8M
$14.1M
Q2 25
$8.0M
$13.2M
Q1 25
$6.9M
$13.1M
Q4 24
$7.1M
$13.2M
Q3 24
$6.6M
$12.1M
Q2 24
$6.3M
$10.6M
Net Profit
ECBK
ECBK
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$2.6M
$1.2M
Q3 25
$2.4M
$54.0K
Q2 25
$1.4M
$-670.0K
Q1 25
$1.3M
$-1.2M
Q4 24
$1.4M
$1.2M
Q3 24
$1.1M
$2.3M
Q2 24
$791.0K
$-2.5M
Gross Margin
ECBK
ECBK
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
ECBK
ECBK
MRAM
MRAM
Q1 26
29.0%
Q4 25
36.7%
-7.2%
Q3 25
37.0%
-11.0%
Q2 25
23.9%
-14.9%
Q1 25
24.9%
-14.7%
Q4 24
27.3%
-11.8%
Q3 24
23.3%
-17.5%
Q2 24
16.9%
-26.5%
Net Margin
ECBK
ECBK
MRAM
MRAM
Q1 26
-2.0%
Q4 25
27.3%
8.1%
Q3 25
27.7%
0.4%
Q2 25
18.0%
-5.1%
Q1 25
18.7%
-8.9%
Q4 24
20.3%
9.2%
Q3 24
17.2%
18.8%
Q2 24
12.6%
-23.5%
EPS (diluted)
ECBK
ECBK
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.32
$0.05
Q3 25
$0.29
$0.00
Q2 25
$0.17
$-0.03
Q1 25
$0.16
$-0.05
Q4 24
$0.18
$0.07
Q3 24
$0.14
$0.10
Q2 24
$0.09
$-0.12

Balance Sheet & Financial Strength

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

Metric
ECBK
ECBK
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$82.8M
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$171.9M
$70.2M
Total Assets
$1.6B
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECBK
ECBK
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$82.8M
$44.5M
Q3 25
$201.9M
$45.3M
Q2 25
$191.0M
$45.0M
Q1 25
$143.7M
$42.2M
Q4 24
$309.4M
$42.1M
Q3 24
$114.8M
$39.6M
Q2 24
$108.7M
$36.8M
Stockholders' Equity
ECBK
ECBK
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$171.9M
$68.9M
Q3 25
$169.3M
$65.8M
Q2 25
$168.3M
$64.1M
Q1 25
$168.6M
$63.0M
Q4 24
$168.3M
$62.6M
Q3 24
$166.0M
$59.3M
Q2 24
$166.5M
$55.4M
Total Assets
ECBK
ECBK
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$1.6B
$84.6M
Q3 25
$1.6B
$80.3M
Q2 25
$1.5B
$78.9M
Q1 25
$1.5B
$80.2M
Q4 24
$1.4B
$77.8M
Q3 24
$1.4B
$72.6M
Q2 24
$1.3B
$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
ECBK
ECBK
MRAM
MRAM
Operating Cash FlowLast quarter
$9.2M
$570.0K
Free Cash FlowOCF − Capex
$9.0M
FCF MarginFCF / Revenue
94.7%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECBK
ECBK
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$9.2M
$2.6M
Q3 25
$4.0M
$881.0K
Q2 25
$1.9M
$5.0M
Q1 25
$-631.0K
$1.4M
Q4 24
$6.2M
$3.8M
Q3 24
$861.0K
$2.8M
Q2 24
$1.4M
$1.7M
Free Cash Flow
ECBK
ECBK
MRAM
MRAM
Q1 26
Q4 25
$9.0M
$-975.0K
Q3 25
$4.0M
$543.0K
Q2 25
$1.8M
$3.0M
Q1 25
$-649.0K
$527.0K
Q4 24
$6.2M
$2.1M
Q3 24
$2.8M
Q2 24
$1.3M
$1.7M
FCF Margin
ECBK
ECBK
MRAM
MRAM
Q1 26
Q4 25
94.7%
-6.6%
Q3 25
44.9%
3.9%
Q2 25
23.0%
22.9%
Q1 25
-9.4%
4.0%
Q4 24
86.8%
15.8%
Q3 24
22.9%
Q2 24
21.4%
15.9%
Capex Intensity
ECBK
ECBK
MRAM
MRAM
Q1 26
Q4 25
2.2%
24.3%
Q3 25
0.8%
2.4%
Q2 25
0.6%
15.1%
Q1 25
0.3%
6.9%
Q4 24
0.8%
13.2%
Q3 24
0.0%
0.5%
Q2 24
0.6%
0.3%
Cash Conversion
ECBK
ECBK
MRAM
MRAM
Q1 26
Q4 25
3.55×
2.19×
Q3 25
1.65×
16.31×
Q2 25
1.32×
Q1 25
-0.49×
Q4 24
4.31×
3.16×
Q3 24
0.76×
1.25×
Q2 24
1.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECBK
ECBK

Segment breakdown not available.

MRAM
MRAM

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

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