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Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $14.9M, roughly 1.6× EVERSPIN TECHNOLOGIES INC.). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -2.0%, a 16.6% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -25.0%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -23.9%).
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
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.
GENC vs MRAM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $14.9M |
| Net Profit | $3.4M | $-296.0K |
| Gross Margin | 28.7% | 52.7% |
| Operating Margin | 13.2% | 29.0% |
| Net Margin | 14.6% | -2.0% |
| Revenue YoY | -25.0% | 13.2% |
| Net Profit YoY | -9.8% | — |
| EPS (diluted) | $0.23 | $-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.
| Q1 26 | — | $14.9M | ||
| Q4 25 | $23.6M | $14.8M | ||
| Q3 25 | $18.8M | $14.1M | ||
| Q2 25 | $27.0M | $13.2M | ||
| Q1 25 | $38.2M | $13.1M | ||
| Q4 24 | $31.4M | $13.2M | ||
| Q3 24 | $20.9M | $12.1M | ||
| Q2 24 | $25.6M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $3.4M | $1.2M | ||
| Q3 25 | $1.9M | $54.0K | ||
| Q2 25 | $3.8M | $-670.0K | ||
| Q1 25 | $6.1M | $-1.2M | ||
| Q4 24 | $3.8M | $1.2M | ||
| Q3 24 | $1.5M | $2.3M | ||
| Q2 24 | $2.6M | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 28.7% | 50.8% | ||
| Q3 25 | 24.2% | 51.3% | ||
| Q2 25 | 26.5% | 51.3% | ||
| Q1 25 | 29.7% | 51.4% | ||
| Q4 24 | 27.6% | 51.3% | ||
| Q3 24 | 25.6% | 49.2% | ||
| Q2 24 | 23.9% | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 13.2% | -7.2% | ||
| Q3 25 | -1.2% | -11.0% | ||
| Q2 25 | 11.6% | -14.9% | ||
| Q1 25 | 17.0% | -14.7% | ||
| Q4 24 | 14.7% | -11.8% | ||
| Q3 24 | 5.9% | -17.5% | ||
| Q2 24 | 7.8% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | 14.6% | 8.1% | ||
| Q3 25 | 10.2% | 0.4% | ||
| Q2 25 | 14.2% | -5.1% | ||
| Q1 25 | 16.0% | -8.9% | ||
| Q4 24 | 12.1% | 9.2% | ||
| Q3 24 | 6.9% | 18.8% | ||
| Q2 24 | 10.0% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.23 | $0.05 | ||
| Q3 25 | $0.13 | $0.00 | ||
| Q2 25 | $0.26 | $-0.03 | ||
| Q1 25 | $0.42 | $-0.05 | ||
| Q4 24 | $0.26 | $0.07 | ||
| Q3 24 | $0.10 | $0.10 | ||
| Q2 24 | $0.17 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $147.7M | $40.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $215.2M | $70.2M |
| Total Assets | $228.9M | $83.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | $147.7M | $44.5M | ||
| Q3 25 | $136.3M | $45.3M | ||
| Q2 25 | $136.0M | $45.0M | ||
| Q1 25 | $143.7M | $42.2M | ||
| Q4 24 | $130.1M | $42.1M | ||
| Q3 24 | $115.4M | $39.6M | ||
| Q2 24 | $116.6M | $36.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $215.2M | $68.9M | ||
| Q3 25 | $211.8M | $65.8M | ||
| Q2 25 | $209.9M | $64.1M | ||
| Q1 25 | $206.1M | $63.0M | ||
| Q4 24 | $200.0M | $62.6M | ||
| Q3 24 | $196.1M | $59.3M | ||
| Q2 24 | $194.7M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $228.9M | $84.6M | ||
| Q3 25 | $222.6M | $80.3M | ||
| Q2 25 | $220.2M | $78.9M | ||
| Q1 25 | $223.9M | $80.2M | ||
| Q4 24 | $218.2M | $77.8M | ||
| Q3 24 | $208.1M | $72.6M | ||
| Q2 24 | $201.8M | $64.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.00× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $11.1M | $570.0K |
| Free Cash FlowOCF − Capex | $10.1M | — |
| FCF MarginFCF / Revenue | 43.0% | — |
| Capex IntensityCapex / Revenue | 4.1% | — |
| Cash ConversionOCF / Net Profit | 3.23× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $11.1M | $2.6M | ||
| Q3 25 | $-275.0K | $881.0K | ||
| Q2 25 | $-23.9M | $5.0M | ||
| Q1 25 | $12.4M | $1.4M | ||
| Q4 24 | $14.8M | $3.8M | ||
| Q3 24 | $-3.2M | $2.8M | ||
| Q2 24 | $-1.0M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $10.1M | $-975.0K | ||
| Q3 25 | $-1.3M | $543.0K | ||
| Q2 25 | $-24.4M | $3.0M | ||
| Q1 25 | $12.3M | $527.0K | ||
| Q4 24 | $14.5M | $2.1M | ||
| Q3 24 | $-3.3M | $2.8M | ||
| Q2 24 | $-1.4M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 43.0% | -6.6% | ||
| Q3 25 | -6.8% | 3.9% | ||
| Q2 25 | -90.4% | 22.9% | ||
| Q1 25 | 32.2% | 4.0% | ||
| Q4 24 | 46.1% | 15.8% | ||
| Q3 24 | -15.8% | 22.9% | ||
| Q2 24 | -5.6% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.1% | 24.3% | ||
| Q3 25 | 5.4% | 2.4% | ||
| Q2 25 | 1.8% | 15.1% | ||
| Q1 25 | 0.4% | 6.9% | ||
| Q4 24 | 1.0% | 13.2% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 1.5% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.23× | 2.19× | ||
| Q3 25 | -0.14× | 16.31× | ||
| Q2 25 | -6.24× | — | ||
| Q1 25 | 2.04× | — | ||
| Q4 24 | 3.88× | 3.16× | ||
| Q3 24 | -2.22× | 1.25× | ||
| Q2 24 | -0.41× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GENC
Segment breakdown not available.
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
