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Side-by-side financial comparison of LCNB CORP (LCNB) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.
LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $14.9M, roughly 1.6× EVERSPIN TECHNOLOGIES INC.). LCNB CORP runs the higher net margin — 23.7% vs -2.0%, a 25.7% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs 5.1%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 15.7%).
LCNB Corp is a United States-based financial holding company that operates through its national bank subsidiary, providing a full suite of retail and commercial banking products and services including deposit accounts, various loan products, wealth management, and insurance solutions primarily to individual consumers, small and medium-sized enterprises and local community organizations across regional markets in Ohio.
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.
LCNB vs MRAM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $23.9M | $14.9M |
| Net Profit | $5.7M | $-296.0K |
| Gross Margin | — | 52.7% |
| Operating Margin | 29.2% | 29.0% |
| Net Margin | 23.7% | -2.0% |
| Revenue YoY | 5.1% | 13.2% |
| Net Profit YoY | -7.6% | — |
| EPS (diluted) | $0.40 | $-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 | $23.9M | $14.8M | ||
| Q3 25 | $23.8M | $14.1M | ||
| Q2 25 | $22.8M | $13.2M | ||
| Q1 25 | $21.5M | $13.1M | ||
| Q4 24 | $22.7M | $13.2M | ||
| Q3 24 | $21.4M | $12.1M | ||
| Q2 24 | $19.3M | $10.6M |
| Q1 26 | — | $-296.0K | ||
| Q4 25 | $5.7M | $1.2M | ||
| Q3 25 | $6.9M | $54.0K | ||
| Q2 25 | $5.9M | $-670.0K | ||
| Q1 25 | $4.6M | $-1.2M | ||
| Q4 24 | $6.1M | $1.2M | ||
| Q3 24 | $4.5M | $2.3M | ||
| Q2 24 | $925.0K | $-2.5M |
| 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% |
| Q1 26 | — | 29.0% | ||
| Q4 25 | 29.2% | -7.2% | ||
| Q3 25 | 35.6% | -11.0% | ||
| Q2 25 | 31.6% | -14.9% | ||
| Q1 25 | 25.6% | -14.7% | ||
| Q4 24 | 32.9% | -11.8% | ||
| Q3 24 | 24.9% | -17.5% | ||
| Q2 24 | 4.9% | -26.5% |
| Q1 26 | — | -2.0% | ||
| Q4 25 | 23.7% | 8.1% | ||
| Q3 25 | 29.1% | 0.4% | ||
| Q2 25 | 26.0% | -5.1% | ||
| Q1 25 | 21.4% | -8.9% | ||
| Q4 24 | 27.0% | 9.2% | ||
| Q3 24 | 21.2% | 18.8% | ||
| Q2 24 | 4.8% | -23.5% |
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.40 | $0.05 | ||
| Q3 25 | $0.49 | $0.00 | ||
| Q2 25 | $0.41 | $-0.03 | ||
| Q1 25 | $0.33 | $-0.05 | ||
| Q4 24 | $0.44 | $0.07 | ||
| Q3 24 | $0.31 | $0.10 | ||
| Q2 24 | $0.07 | $-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 | $21.6M | $40.5M |
| Total DebtLower is stronger | $104.4M | — |
| Stockholders' EquityBook value | $273.9M | $70.2M |
| Total Assets | $2.2B | $83.2M |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.5M | ||
| Q4 25 | $21.6M | $44.5M | ||
| Q3 25 | $35.9M | $45.3M | ||
| Q2 25 | $49.8M | $45.0M | ||
| Q1 25 | $37.7M | $42.2M | ||
| Q4 24 | $35.7M | $42.1M | ||
| Q3 24 | $39.4M | $39.6M | ||
| Q2 24 | $34.9M | $36.8M |
| Q1 26 | — | — | ||
| Q4 25 | $104.4M | — | ||
| Q3 25 | $104.7M | — | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $104.6M | — | ||
| Q4 24 | $155.2M | — | ||
| Q3 24 | $155.7M | — | ||
| Q2 24 | $162.2M | — |
| Q1 26 | — | $70.2M | ||
| Q4 25 | $273.9M | $68.9M | ||
| Q3 25 | $269.9M | $65.8M | ||
| Q2 25 | $263.5M | $64.1M | ||
| Q1 25 | $258.7M | $63.0M | ||
| Q4 24 | $253.0M | $62.6M | ||
| Q3 24 | $253.2M | $59.3M | ||
| Q2 24 | $245.2M | $55.4M |
| Q1 26 | — | $83.2M | ||
| Q4 25 | $2.2B | $84.6M | ||
| Q3 25 | $2.2B | $80.3M | ||
| Q2 25 | $2.3B | $78.9M | ||
| Q1 25 | $2.3B | $80.2M | ||
| Q4 24 | $2.3B | $77.8M | ||
| Q3 24 | $2.3B | $72.6M | ||
| Q2 24 | $2.4B | $64.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.66× | — |
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 | $34.4M | $570.0K |
| Free Cash FlowOCF − Capex | $33.4M | — |
| FCF MarginFCF / Revenue | 140.2% | — |
| Capex IntensityCapex / Revenue | 4.0% | — |
| Cash ConversionOCF / Net Profit | 6.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $570.0K | ||
| Q4 25 | $34.4M | $2.6M | ||
| Q3 25 | $14.0M | $881.0K | ||
| Q2 25 | $5.5M | $5.0M | ||
| Q1 25 | $2.2M | $1.4M | ||
| Q4 24 | $93.2M | $3.8M | ||
| Q3 24 | $11.9M | $2.8M | ||
| Q2 24 | $54.9M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $33.4M | $-975.0K | ||
| Q3 25 | $13.7M | $543.0K | ||
| Q2 25 | $5.2M | $3.0M | ||
| Q1 25 | $2.1M | $527.0K | ||
| Q4 24 | $89.4M | $2.1M | ||
| Q3 24 | $10.5M | $2.8M | ||
| Q2 24 | $53.8M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | 140.2% | -6.6% | ||
| Q3 25 | 57.4% | 3.9% | ||
| Q2 25 | 23.0% | 22.9% | ||
| Q1 25 | 10.0% | 4.0% | ||
| Q4 24 | 394.0% | 15.8% | ||
| Q3 24 | 49.0% | 22.9% | ||
| Q2 24 | 278.6% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 24.3% | ||
| Q3 25 | 1.3% | 2.4% | ||
| Q2 25 | 1.0% | 15.1% | ||
| Q1 25 | 0.3% | 6.9% | ||
| Q4 24 | 16.7% | 13.2% | ||
| Q3 24 | 6.7% | 0.5% | ||
| Q2 24 | 5.9% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 6.08× | 2.19× | ||
| Q3 25 | 2.02× | 16.31× | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 15.23× | 3.16× | ||
| Q3 24 | 2.63× | 1.25× | ||
| Q2 24 | 59.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LCNB
Segment breakdown not available.
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
