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Side-by-side financial comparison of Idaho Strategic Resources, Inc. (IDR) 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 $14.6M, roughly 1.0× Idaho Strategic Resources, Inc.). Idaho Strategic Resources, Inc. runs the higher net margin — 64.3% vs -2.0%, a 66.3% gap on every dollar of revenue. On growth, Idaho Strategic Resources, Inc. posted the faster year-over-year revenue change (92.0% vs 13.2%). Over the past eight quarters, Idaho Strategic Resources, Inc.'s revenue compounded faster (57.2% CAGR vs 18.2%).
Idaho Strategic Resources, Inc.IDREarnings & Financial Report
Idaho Strategic Resources, Inc. is a U.S.-based natural resource company focused on the exploration, development, and production of critical and strategic minerals. Primarily operating in Idaho, it targets rare earth elements, gold, silver, and other high-demand minerals, supplying products to the clean energy, defense, and industrial manufacturing sectors across North America.
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.
IDR vs MRAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $14.6M | $14.9M |
| Net Profit | $9.4M | $-296.0K |
| Gross Margin | 68.5% | 52.7% |
| Operating Margin | 62.4% | 29.0% |
| Net Margin | 64.3% | -2.0% |
| Revenue YoY | 92.0% | 13.2% |
| Net Profit YoY | 220.6% | — |
| EPS (diluted) | $0.62 | $-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 | $14.6M | $14.8M | ||
| Q3 25 | $11.1M | $14.1M | ||
| Q2 25 | $9.5M | $13.2M | ||
| Q1 25 | $7.3M | $13.1M | ||
| Q4 24 | $7.6M | $13.2M | ||
| Q3 24 | $6.2M | $12.1M | ||
| Q2 24 | $6.1M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $9.4M | $1.2M | ||
| Q3 25 | $3.0M | $54.0K | ||
| Q2 25 | $2.8M | $-670.0K | ||
| Q1 25 | $1.6M | $-1.2M | ||
| Q4 24 | $2.9M | $1.2M | ||
| Q3 24 | $1.6M | $2.3M | ||
| Q2 24 | $2.2M | $-2.5M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 68.5% | 50.8% | ||
| Q3 25 | 63.6% | 51.3% | ||
| Q2 25 | 57.8% | 51.3% | ||
| Q1 25 | 50.8% | 51.4% | ||
| Q4 24 | 53.3% | 51.3% | ||
| Q3 24 | 48.7% | 49.2% | ||
| Q2 24 | 50.2% | 49.0% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 62.4% | -7.2% | ||
| Q3 25 | 23.4% | -11.0% | ||
| Q2 25 | 26.6% | -14.9% | ||
| Q1 25 | 19.3% | -14.7% | ||
| Q4 24 | 36.2% | -11.8% | ||
| Q3 24 | 23.4% | -17.5% | ||
| Q2 24 | 34.2% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | 64.3% | 8.1% | ||
| Q3 25 | 26.8% | 0.4% | ||
| Q2 25 | 29.2% | -5.1% | ||
| Q1 25 | 22.1% | -8.9% | ||
| Q4 24 | 38.5% | 9.2% | ||
| Q3 24 | 25.8% | 18.8% | ||
| Q2 24 | 35.2% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.62 | $0.05 | ||
| Q3 25 | $0.20 | $0.00 | ||
| Q2 25 | $0.20 | $-0.03 | ||
| Q1 25 | $0.12 | $-0.05 | ||
| Q4 24 | $0.21 | $0.07 | ||
| Q3 24 | $0.12 | $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 | — | $40.5M |
| Total DebtLower is stronger | $2.3M | — |
| Stockholders' EquityBook value | $108.2M | $70.2M |
| Total Assets | $116.2M | $83.2M |
| Debt / EquityLower = less leverage | 0.02× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | $6.3M | $36.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3M | — | ||
| Q3 25 | $3.0M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $3.7M | — | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $2.9M | — | ||
| Q2 24 | $2.7M | — |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $108.2M | $68.9M | ||
| Q3 25 | $74.3M | $65.8M | ||
| Q2 25 | $49.3M | $64.1M | ||
| Q1 25 | $39.8M | $63.0M | ||
| Q4 24 | $37.7M | $62.6M | ||
| Q3 24 | $33.1M | $59.3M | ||
| Q2 24 | $25.4M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $116.2M | $84.6M | ||
| Q3 25 | $83.1M | $80.3M | ||
| Q2 25 | $57.7M | $78.9M | ||
| Q1 25 | $48.1M | $80.2M | ||
| Q4 24 | $44.0M | $77.8M | ||
| Q3 24 | $40.8M | $72.6M | ||
| Q2 24 | $32.2M | $64.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.05× | — | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | 0.11× | — |
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 | $10.7M | $570.0K |
| Free Cash FlowOCF − Capex | $8.2M | — |
| FCF MarginFCF / Revenue | 56.0% | — |
| Capex IntensityCapex / Revenue | 17.7% | — |
| Cash ConversionOCF / Net Profit | 1.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $10.7M | $2.6M | ||
| Q3 25 | $2.4M | $881.0K | ||
| Q2 25 | $3.5M | $5.0M | ||
| Q1 25 | $2.4M | $1.4M | ||
| Q4 24 | $3.2M | $3.8M | ||
| Q3 24 | $2.5M | $2.8M | ||
| Q2 24 | $2.6M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $8.2M | $-975.0K | ||
| Q3 25 | $709.8K | $543.0K | ||
| Q2 25 | $2.5M | $3.0M | ||
| Q1 25 | $1.0M | $527.0K | ||
| Q4 24 | $2.1M | $2.1M | ||
| Q3 24 | $1.9M | $2.8M | ||
| Q2 24 | $2.4M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 56.0% | -6.6% | ||
| Q3 25 | 6.4% | 3.9% | ||
| Q2 25 | 26.5% | 22.9% | ||
| Q1 25 | 13.8% | 4.0% | ||
| Q4 24 | 28.0% | 15.8% | ||
| Q3 24 | 30.4% | 22.9% | ||
| Q2 24 | 38.7% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 17.7% | 24.3% | ||
| Q3 25 | 15.3% | 2.4% | ||
| Q2 25 | 10.8% | 15.1% | ||
| Q1 25 | 19.4% | 6.9% | ||
| Q4 24 | 13.6% | 13.2% | ||
| Q3 24 | 9.8% | 0.5% | ||
| Q2 24 | 4.3% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.15× | 2.19× | ||
| Q3 25 | 0.81× | 16.31× | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.50× | — | ||
| Q4 24 | 1.08× | 3.16× | ||
| Q3 24 | 1.56× | 1.25× | ||
| Q2 24 | 1.22× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDR
Segment breakdown not available.
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
