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

First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $14.9M, roughly 1.7× EVERSPIN TECHNOLOGIES INC.). First Bancorp, Inc runs the higher net margin — 39.4% vs -2.0%, a 41.3% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 13.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 18.1%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

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.

FNLC vs MRAM — Head-to-Head

Bigger by revenue
FNLC
FNLC
1.7× larger
FNLC
$25.8M
$14.9M
MRAM
Growing faster (revenue YoY)
FNLC
FNLC
+4.3% gap
FNLC
17.5%
13.2%
MRAM
Higher net margin
FNLC
FNLC
41.3% more per $
FNLC
39.4%
-2.0%
MRAM
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
18.1%
FNLC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FNLC
FNLC
MRAM
MRAM
Revenue
$25.8M
$14.9M
Net Profit
$10.2M
$-296.0K
Gross Margin
52.7%
Operating Margin
48.1%
29.0%
Net Margin
39.4%
-2.0%
Revenue YoY
17.5%
13.2%
Net Profit YoY
39.7%
EPS (diluted)
$0.91
$-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
FNLC
FNLC
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$25.8M
$14.8M
Q3 25
$24.5M
$14.1M
Q2 25
$22.5M
$13.2M
Q1 25
$21.8M
$13.1M
Q4 24
$22.0M
$13.2M
Q3 24
$20.5M
$12.1M
Q2 24
$19.2M
$10.6M
Net Profit
FNLC
FNLC
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$10.2M
$1.2M
Q3 25
$9.1M
$54.0K
Q2 25
$8.1M
$-670.0K
Q1 25
$7.1M
$-1.2M
Q4 24
$7.3M
$1.2M
Q3 24
$7.6M
$2.3M
Q2 24
$6.2M
$-2.5M
Gross Margin
FNLC
FNLC
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
FNLC
FNLC
MRAM
MRAM
Q1 26
29.0%
Q4 25
48.1%
-7.2%
Q3 25
45.2%
-11.0%
Q2 25
43.7%
-14.9%
Q1 25
39.3%
-14.7%
Q4 24
39.5%
-11.8%
Q3 24
44.6%
-17.5%
Q2 24
38.8%
-26.5%
Net Margin
FNLC
FNLC
MRAM
MRAM
Q1 26
-2.0%
Q4 25
39.4%
8.1%
Q3 25
37.0%
0.4%
Q2 25
35.8%
-5.1%
Q1 25
32.5%
-8.9%
Q4 24
33.1%
9.2%
Q3 24
36.9%
18.8%
Q2 24
32.1%
-23.5%
EPS (diluted)
FNLC
FNLC
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.91
$0.05
Q3 25
$0.81
$0.00
Q2 25
$0.72
$-0.03
Q1 25
$0.63
$-0.05
Q4 24
$0.66
$0.07
Q3 24
$0.68
$0.10
Q2 24
$0.55
$-0.12

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$40.5M
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$283.1M
$70.2M
Total Assets
$3.2B
$83.2M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNLC
FNLC
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
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Stockholders' Equity
FNLC
FNLC
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$283.1M
$68.9M
Q3 25
$274.6M
$65.8M
Q2 25
$265.5M
$64.1M
Q1 25
$259.7M
$63.0M
Q4 24
$252.5M
$62.6M
Q3 24
$256.8M
$59.3M
Q2 24
$244.7M
$55.4M
Total Assets
FNLC
FNLC
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$3.2B
$84.6M
Q3 25
$3.2B
$80.3M
Q2 25
$3.2B
$78.9M
Q1 25
$3.2B
$80.2M
Q4 24
$3.2B
$77.8M
Q3 24
$3.1B
$72.6M
Q2 24
$3.1B
$64.6M
Debt / Equity
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
FNLC
FNLC
MRAM
MRAM
Operating Cash FlowLast quarter
$37.8M
$570.0K
Free Cash FlowOCF − Capex
$34.6M
FCF MarginFCF / Revenue
133.9%
Capex IntensityCapex / Revenue
12.5%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$37.8M
$2.6M
Q3 25
$12.9M
$881.0K
Q2 25
$7.4M
$5.0M
Q1 25
$2.2M
$1.4M
Q4 24
$26.0M
$3.8M
Q3 24
$9.8M
$2.8M
Q2 24
$6.4M
$1.7M
Free Cash Flow
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
$34.6M
$-975.0K
Q3 25
$12.6M
$543.0K
Q2 25
$7.2M
$3.0M
Q1 25
$828.0K
$527.0K
Q4 24
$24.6M
$2.1M
Q3 24
$9.6M
$2.8M
Q2 24
$6.3M
$1.7M
FCF Margin
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
133.9%
-6.6%
Q3 25
51.4%
3.9%
Q2 25
32.1%
22.9%
Q1 25
3.8%
4.0%
Q4 24
111.7%
15.8%
Q3 24
47.0%
22.9%
Q2 24
32.9%
15.9%
Capex Intensity
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
12.5%
24.3%
Q3 25
1.2%
2.4%
Q2 25
0.6%
15.1%
Q1 25
6.2%
6.9%
Q4 24
6.7%
13.2%
Q3 24
0.5%
0.5%
Q2 24
0.3%
0.3%
Cash Conversion
FNLC
FNLC
MRAM
MRAM
Q1 26
Q4 25
3.72×
2.19×
Q3 25
1.42×
16.31×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
3.16×
Q3 24
1.29×
1.25×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNLC
FNLC

Segment breakdown not available.

MRAM
MRAM

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

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