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Side-by-side financial comparison of Gossamer Bio, Inc. (GOSS) 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 $13.8M, roughly 1.1× Gossamer Bio, Inc.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -342.3%, a 340.3% gap on every dollar of revenue. On growth, Gossamer Bio, Inc. posted the faster year-over-year revenue change (47.1% vs 13.2%).

Gossamer Bio, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics for patients with serious immunology, inflammation and oncology conditions. It advances a pipeline of proprietary product candidates across multiple clinical phases, primarily serving healthcare markets in North America and other global regions.

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.

GOSS vs MRAM — Head-to-Head

Bigger by revenue
MRAM
MRAM
1.1× larger
MRAM
$14.9M
$13.8M
GOSS
Growing faster (revenue YoY)
GOSS
GOSS
+33.9% gap
GOSS
47.1%
13.2%
MRAM
Higher net margin
MRAM
MRAM
340.3% more per $
MRAM
-2.0%
-342.3%
GOSS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GOSS
GOSS
MRAM
MRAM
Revenue
$13.8M
$14.9M
Net Profit
$-47.2M
$-296.0K
Gross Margin
52.7%
Operating Margin
-333.6%
29.0%
Net Margin
-342.3%
-2.0%
Revenue YoY
47.1%
13.2%
Net Profit YoY
-43.0%
EPS (diluted)
$-0.21
$-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
GOSS
GOSS
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$13.8M
$14.8M
Q3 25
$13.3M
$14.1M
Q2 25
$13.2M
Q1 25
$13.1M
Q4 24
$13.2M
Q3 24
$12.1M
Q2 24
$95.8M
$10.6M
Net Profit
GOSS
GOSS
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$-47.2M
$1.2M
Q3 25
$-48.2M
$54.0K
Q2 25
$-670.0K
Q1 25
$-1.2M
Q4 24
$1.2M
Q3 24
$2.3M
Q2 24
$49.2M
$-2.5M
Gross Margin
GOSS
GOSS
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
GOSS
GOSS
MRAM
MRAM
Q1 26
29.0%
Q4 25
-333.6%
-7.2%
Q3 25
-369.4%
-11.0%
Q2 25
-14.9%
Q1 25
-14.7%
Q4 24
-11.8%
Q3 24
-17.5%
Q2 24
54.3%
-26.5%
Net Margin
GOSS
GOSS
MRAM
MRAM
Q1 26
-2.0%
Q4 25
-342.3%
8.1%
Q3 25
-362.7%
0.4%
Q2 25
-5.1%
Q1 25
-8.9%
Q4 24
9.2%
Q3 24
18.8%
Q2 24
51.4%
-23.5%
EPS (diluted)
GOSS
GOSS
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$-0.21
$0.05
Q3 25
$-0.21
$0.00
Q2 25
$-0.03
Q1 25
$-0.05
Q4 24
$0.07
Q3 24
$0.10
Q2 24
$0.22
$-0.12

Balance Sheet & Financial Strength

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

Metric
GOSS
GOSS
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$136.9M
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.8M
$70.2M
Total Assets
$172.2M
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOSS
GOSS
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$136.9M
$44.5M
Q3 25
$180.2M
$45.3M
Q2 25
$45.0M
Q1 25
$42.2M
Q4 24
$42.1M
Q3 24
$39.6M
Q2 24
$354.5M
$36.8M
Stockholders' Equity
GOSS
GOSS
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$-122.8M
$68.9M
Q3 25
$-82.3M
$65.8M
Q2 25
$64.1M
Q1 25
$63.0M
Q4 24
$62.6M
Q3 24
$59.3M
Q2 24
$81.5M
$55.4M
Total Assets
GOSS
GOSS
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$172.2M
$84.6M
Q3 25
$208.8M
$80.3M
Q2 25
$78.9M
Q1 25
$80.2M
Q4 24
$77.8M
Q3 24
$72.6M
Q2 24
$373.4M
$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
GOSS
GOSS
MRAM
MRAM
Operating Cash FlowLast quarter
$-48.3M
$570.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOSS
GOSS
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$-48.3M
$2.6M
Q3 25
$-36.2M
$881.0K
Q2 25
$5.0M
Q1 25
$1.4M
Q4 24
$3.8M
Q3 24
$2.8M
Q2 24
$116.3M
$1.7M
Free Cash Flow
GOSS
GOSS
MRAM
MRAM
Q1 26
Q4 25
$-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
GOSS
GOSS
MRAM
MRAM
Q1 26
Q4 25
-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
GOSS
GOSS
MRAM
MRAM
Q1 26
Q4 25
0.0%
24.3%
Q3 25
0.0%
2.4%
Q2 25
15.1%
Q1 25
6.9%
Q4 24
13.2%
Q3 24
0.5%
Q2 24
0.0%
0.3%
Cash Conversion
GOSS
GOSS
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
2.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GOSS
GOSS

Segment breakdown not available.

MRAM
MRAM

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

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