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Side-by-side financial comparison of EVERSPIN TECHNOLOGIES INC. (MRAM) and NewAmsterdam Pharma Co N.V. (NAMS). Click either name above to swap in a different company.

NewAmsterdam Pharma Co N.V. is the larger business by last-quarter revenue ($19.1M vs $14.9M, roughly 1.3× EVERSPIN TECHNOLOGIES INC.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -90.7%, a 88.7% gap on every dollar of revenue. On growth, NewAmsterdam Pharma Co N.V. posted the faster year-over-year revenue change (740.1% vs 13.2%).

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.

Kite Pharma, Inc. is an American biotechnology company that develops cancer immunotherapy products with a primary focus on genetically engineered autologous CAR T cell therapy - a cell-based therapy which relies on chimeric antigen receptors and T cells. Founded in 2009, and based in Santa Monica, California, it was acquired by Gilead Sciences in 2017.

MRAM vs NAMS — Head-to-Head

Bigger by revenue
NAMS
NAMS
1.3× larger
NAMS
$19.1M
$14.9M
MRAM
Growing faster (revenue YoY)
NAMS
NAMS
+726.9% gap
NAMS
740.1%
13.2%
MRAM
Higher net margin
MRAM
MRAM
88.7% more per $
MRAM
-2.0%
-90.7%
NAMS

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
MRAM
MRAM
NAMS
NAMS
Revenue
$14.9M
$19.1M
Net Profit
$-296.0K
$-17.4M
Gross Margin
52.7%
Operating Margin
29.0%
-186.1%
Net Margin
-2.0%
-90.7%
Revenue YoY
13.2%
740.1%
Net Profit YoY
55.5%
EPS (diluted)
$-0.01
$-0.15

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
MRAM
MRAM
NAMS
NAMS
Q1 26
$14.9M
Q4 25
$14.8M
Q3 25
$14.1M
Q2 25
$13.2M
$19.1M
Q1 25
$13.1M
Q4 24
$13.2M
$12.8M
Q3 24
$12.1M
$29.1M
Q2 24
$10.6M
Net Profit
MRAM
MRAM
NAMS
NAMS
Q1 26
$-296.0K
Q4 25
$1.2M
Q3 25
$54.0K
Q2 25
$-670.0K
$-17.4M
Q1 25
$-1.2M
Q4 24
$1.2M
$-92.2M
Q3 24
$2.3M
$-16.6M
Q2 24
$-2.5M
Gross Margin
MRAM
MRAM
NAMS
NAMS
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
MRAM
MRAM
NAMS
NAMS
Q1 26
29.0%
Q4 25
-7.2%
Q3 25
-11.0%
Q2 25
-14.9%
-186.1%
Q1 25
-14.7%
Q4 24
-11.8%
-338.5%
Q3 24
-17.5%
-85.9%
Q2 24
-26.5%
Net Margin
MRAM
MRAM
NAMS
NAMS
Q1 26
-2.0%
Q4 25
8.1%
Q3 25
0.4%
Q2 25
-5.1%
-90.7%
Q1 25
-8.9%
Q4 24
9.2%
-721.7%
Q3 24
18.8%
-57.2%
Q2 24
-23.5%
EPS (diluted)
MRAM
MRAM
NAMS
NAMS
Q1 26
$-0.01
Q4 25
$0.05
Q3 25
$0.00
Q2 25
$-0.03
$-0.15
Q1 25
$-0.05
Q4 24
$0.07
$-0.91
Q3 24
$0.10
$-0.18
Q2 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
MRAM
MRAM
NAMS
NAMS
Cash + ST InvestmentsLiquidity on hand
$40.5M
$739.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.2M
$778.5M
Total Assets
$83.2M
$815.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRAM
MRAM
NAMS
NAMS
Q1 26
$40.5M
Q4 25
$44.5M
Q3 25
$45.3M
Q2 25
$45.0M
$739.2M
Q1 25
$42.2M
Q4 24
$42.1M
$834.2M
Q3 24
$39.6M
$422.7M
Q2 24
$36.8M
Stockholders' Equity
MRAM
MRAM
NAMS
NAMS
Q1 26
$70.2M
Q4 25
$68.9M
Q3 25
$65.8M
Q2 25
$64.1M
$778.5M
Q1 25
$63.0M
Q4 24
$62.6M
$757.5M
Q3 24
$59.3M
$378.9M
Q2 24
$55.4M
Total Assets
MRAM
MRAM
NAMS
NAMS
Q1 26
$83.2M
Q4 25
$84.6M
Q3 25
$80.3M
Q2 25
$78.9M
$815.1M
Q1 25
$80.2M
Q4 24
$77.8M
$864.6M
Q3 24
$72.6M
$439.2M
Q2 24
$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
MRAM
MRAM
NAMS
NAMS
Operating Cash FlowLast quarter
$570.0K
$-37.7M
Free Cash FlowOCF − Capex
$-37.8M
FCF MarginFCF / Revenue
-197.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-119.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRAM
MRAM
NAMS
NAMS
Q1 26
$570.0K
Q4 25
$2.6M
Q3 25
$881.0K
Q2 25
$5.0M
$-37.7M
Q1 25
$1.4M
Q4 24
$3.8M
$-37.5M
Q3 24
$2.8M
$-12.5M
Q2 24
$1.7M
Free Cash Flow
MRAM
MRAM
NAMS
NAMS
Q1 26
Q4 25
$-975.0K
Q3 25
$543.0K
Q2 25
$3.0M
$-37.8M
Q1 25
$527.0K
Q4 24
$2.1M
$-37.5M
Q3 24
$2.8M
$-12.6M
Q2 24
$1.7M
FCF Margin
MRAM
MRAM
NAMS
NAMS
Q1 26
Q4 25
-6.6%
Q3 25
3.9%
Q2 25
22.9%
-197.2%
Q1 25
4.0%
Q4 24
15.8%
-293.5%
Q3 24
22.9%
-43.2%
Q2 24
15.9%
Capex Intensity
MRAM
MRAM
NAMS
NAMS
Q1 26
Q4 25
24.3%
Q3 25
2.4%
Q2 25
15.1%
0.5%
Q1 25
6.9%
Q4 24
13.2%
0.0%
Q3 24
0.5%
0.3%
Q2 24
0.3%
Cash Conversion
MRAM
MRAM
NAMS
NAMS
Q1 26
Q4 25
2.19×
Q3 25
16.31×
Q2 25
Q1 25
Q4 24
3.16×
Q3 24
1.25×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MRAM
MRAM

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

NAMS
NAMS

Segment breakdown not available.

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