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

Editas Medicine, Inc. is the larger business by last-quarter revenue ($24.7M vs $14.9M, roughly 1.7× EVERSPIN TECHNOLOGIES INC.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -22.7%, a 20.7% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -19.2%). Over the past eight quarters, Editas Medicine, Inc.'s revenue compounded faster (366.9% CAGR vs 18.2%).

Editas Medicine, Inc.,, is a clinical-stage biotechnology company which is developing therapies for rare diseases based on CRISPR gene editing technology. Editas headquarters is located in Cambridge, Massachusetts and has facilities in Boulder, Colorado.

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.

EDIT vs MRAM — Head-to-Head

Bigger by revenue
EDIT
EDIT
1.7× larger
EDIT
$24.7M
$14.9M
MRAM
Growing faster (revenue YoY)
MRAM
MRAM
+32.4% gap
MRAM
13.2%
-19.2%
EDIT
Higher net margin
MRAM
MRAM
20.7% more per $
MRAM
-2.0%
-22.7%
EDIT
Faster 2-yr revenue CAGR
EDIT
EDIT
Annualised
EDIT
366.9%
18.2%
MRAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EDIT
EDIT
MRAM
MRAM
Revenue
$24.7M
$14.9M
Net Profit
$-5.6M
$-296.0K
Gross Margin
52.7%
Operating Margin
-31.3%
29.0%
Net Margin
-22.7%
-2.0%
Revenue YoY
-19.2%
13.2%
Net Profit YoY
87.6%
EPS (diluted)
$0.03
$-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
EDIT
EDIT
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$24.7M
$14.8M
Q3 25
$7.5M
$14.1M
Q2 25
$3.6M
$13.2M
Q1 25
$4.7M
$13.1M
Q4 24
$30.6M
$13.2M
Q3 24
$61.0K
$12.1M
Q2 24
$513.0K
$10.6M
Net Profit
EDIT
EDIT
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$-5.6M
$1.2M
Q3 25
$-25.1M
$54.0K
Q2 25
$-53.2M
$-670.0K
Q1 25
$-76.1M
$-1.2M
Q4 24
$-45.4M
$1.2M
Q3 24
$-62.1M
$2.3M
Q2 24
$-67.6M
$-2.5M
Gross Margin
EDIT
EDIT
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
EDIT
EDIT
MRAM
MRAM
Q1 26
29.0%
Q4 25
-31.3%
-7.2%
Q3 25
-325.4%
-11.0%
Q2 25
-1440.6%
-14.9%
Q1 25
-1635.1%
-14.7%
Q4 24
-152.2%
-11.8%
Q3 24
-107649.2%
-17.5%
Q2 24
-14016.2%
-26.5%
Net Margin
EDIT
EDIT
MRAM
MRAM
Q1 26
-2.0%
Q4 25
-22.7%
8.1%
Q3 25
-333.0%
0.4%
Q2 25
-1487.8%
-5.1%
Q1 25
-1633.5%
-8.9%
Q4 24
-148.3%
9.2%
Q3 24
-101870.5%
18.8%
Q2 24
-13178.8%
-23.5%
EPS (diluted)
EDIT
EDIT
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.03
$0.05
Q3 25
$-0.28
$0.00
Q2 25
$-0.63
$-0.03
Q1 25
$-0.92
$-0.05
Q4 24
$-0.55
$0.07
Q3 24
$-0.75
$0.10
Q2 24
$-0.82
$-0.12

Balance Sheet & Financial Strength

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

Metric
EDIT
EDIT
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$146.6M
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$27.3M
$70.2M
Total Assets
$186.5M
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EDIT
EDIT
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$146.6M
$44.5M
Q3 25
$165.6M
$45.3M
Q2 25
$178.5M
$45.0M
Q1 25
$221.0M
$42.2M
Q4 24
$269.9M
$42.1M
Q3 24
$265.1M
$39.6M
Q2 24
$279.1M
$36.8M
Total Debt
EDIT
EDIT
MRAM
MRAM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$57.4M
Q3 24
Q2 24
Stockholders' Equity
EDIT
EDIT
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$27.3M
$68.9M
Q3 25
$13.5M
$65.8M
Q2 25
$19.2M
$64.1M
Q1 25
$62.4M
$63.0M
Q4 24
$134.3M
$62.6M
Q3 24
$175.6M
$59.3M
Q2 24
$232.0M
$55.4M
Total Assets
EDIT
EDIT
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$186.5M
$84.6M
Q3 25
$201.8M
$80.3M
Q2 25
$210.6M
$78.9M
Q1 25
$263.7M
$80.2M
Q4 24
$341.6M
$77.8M
Q3 24
$327.6M
$72.6M
Q2 24
$384.8M
$64.6M
Debt / Equity
EDIT
EDIT
MRAM
MRAM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.43×
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
EDIT
EDIT
MRAM
MRAM
Operating Cash FlowLast quarter
$-36.4M
$570.0K
Free Cash FlowOCF − Capex
$-36.4M
FCF MarginFCF / Revenue
-147.3%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EDIT
EDIT
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$-36.4M
$2.6M
Q3 25
$-30.8M
$881.0K
Q2 25
$-50.2M
$5.0M
Q1 25
$-47.8M
$1.4M
Q4 24
$-50.8M
$3.8M
Q3 24
$-52.6M
$2.8M
Q2 24
$-57.1M
$1.7M
Free Cash Flow
EDIT
EDIT
MRAM
MRAM
Q1 26
Q4 25
$-36.4M
$-975.0K
Q3 25
$-31.3M
$543.0K
Q2 25
$3.0M
Q1 25
$-47.9M
$527.0K
Q4 24
$-51.3M
$2.1M
Q3 24
$-55.5M
$2.8M
Q2 24
$-60.6M
$1.7M
FCF Margin
EDIT
EDIT
MRAM
MRAM
Q1 26
Q4 25
-147.3%
-6.6%
Q3 25
-414.6%
3.9%
Q2 25
22.9%
Q1 25
-1028.6%
4.0%
Q4 24
-167.6%
15.8%
Q3 24
-90998.4%
22.9%
Q2 24
-11804.3%
15.9%
Capex Intensity
EDIT
EDIT
MRAM
MRAM
Q1 26
Q4 25
0.2%
24.3%
Q3 25
5.7%
2.4%
Q2 25
0.0%
15.1%
Q1 25
2.4%
6.9%
Q4 24
1.8%
13.2%
Q3 24
4788.5%
0.5%
Q2 24
681.1%
0.3%
Cash Conversion
EDIT
EDIT
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

EDIT
EDIT

Segment breakdown not available.

MRAM
MRAM

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

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