vs

Side-by-side financial comparison of EVERSPIN TECHNOLOGIES INC. (MRAM) and OHIO VALLEY BANC CORP (OVBC). Click either name above to swap in a different company.

OHIO VALLEY BANC CORP is the larger business by last-quarter revenue ($16.2M vs $14.9M, roughly 1.1× EVERSPIN TECHNOLOGIES INC.). OHIO VALLEY BANC CORP runs the higher net margin — 24.4% vs -2.0%, a 26.4% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -4.6%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 4.3%).

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.

Valley National Bank of Arizona was a bank based in Phoenix, Arizona, founded in 1900 and acquired by Bank One in 1992. The bank was one of Arizona's leading financial institutions during the 20th century and the last major independent bank in Arizona at the time of its acquisition.

MRAM vs OVBC — Head-to-Head

Bigger by revenue
OVBC
OVBC
1.1× larger
OVBC
$16.2M
$14.9M
MRAM
Growing faster (revenue YoY)
MRAM
MRAM
+17.8% gap
MRAM
13.2%
-4.6%
OVBC
Higher net margin
OVBC
OVBC
26.4% more per $
OVBC
24.4%
-2.0%
MRAM
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
4.3%
OVBC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MRAM
MRAM
OVBC
OVBC
Revenue
$14.9M
$16.2M
Net Profit
$-296.0K
$4.0M
Gross Margin
52.7%
Operating Margin
29.0%
30.7%
Net Margin
-2.0%
24.4%
Revenue YoY
13.2%
-4.6%
Net Profit YoY
57.3%
EPS (diluted)
$-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
MRAM
MRAM
OVBC
OVBC
Q1 26
$14.9M
Q4 25
$14.8M
$16.2M
Q3 25
$14.1M
$16.3M
Q2 25
$13.2M
$17.4M
Q1 25
$13.1M
$16.8M
Q4 24
$13.2M
$17.0M
Q3 24
$12.1M
$15.4M
Q2 24
$10.6M
$14.7M
Net Profit
MRAM
MRAM
OVBC
OVBC
Q1 26
$-296.0K
Q4 25
$1.2M
$4.0M
Q3 25
$54.0K
$3.0M
Q2 25
$-670.0K
$4.2M
Q1 25
$-1.2M
$4.4M
Q4 24
$1.2M
$2.5M
Q3 24
$2.3M
$2.7M
Q2 24
$-2.5M
$3.0M
Gross Margin
MRAM
MRAM
OVBC
OVBC
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
OVBC
OVBC
Q1 26
29.0%
Q4 25
-7.2%
30.7%
Q3 25
-11.0%
22.9%
Q2 25
-14.9%
29.8%
Q1 25
-14.7%
33.1%
Q4 24
-11.8%
18.1%
Q3 24
-17.5%
21.3%
Q2 24
-26.5%
24.7%
Net Margin
MRAM
MRAM
OVBC
OVBC
Q1 26
-2.0%
Q4 25
8.1%
24.4%
Q3 25
0.4%
18.5%
Q2 25
-5.1%
24.2%
Q1 25
-8.9%
26.2%
Q4 24
9.2%
14.8%
Q3 24
18.8%
17.6%
Q2 24
-23.5%
20.3%
EPS (diluted)
MRAM
MRAM
OVBC
OVBC
Q1 26
$-0.01
Q4 25
$0.05
Q3 25
$0.00
Q2 25
$-0.03
Q1 25
$-0.05
Q4 24
$0.07
Q3 24
$0.10
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
OVBC
OVBC
Cash + ST InvestmentsLiquidity on hand
$40.5M
$45.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.2M
$170.3M
Total Assets
$83.2M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRAM
MRAM
OVBC
OVBC
Q1 26
$40.5M
Q4 25
$44.5M
$45.9M
Q3 25
$45.3M
$89.3M
Q2 25
$45.0M
$54.6M
Q1 25
$42.2M
$120.6M
Q4 24
$42.1M
$83.1M
Q3 24
$39.6M
$82.2M
Q2 24
$36.8M
$107.7M
Stockholders' Equity
MRAM
MRAM
OVBC
OVBC
Q1 26
$70.2M
Q4 25
$68.9M
$170.3M
Q3 25
$65.8M
$164.4M
Q2 25
$64.1M
$160.8M
Q1 25
$63.0M
$155.7M
Q4 24
$62.6M
$150.3M
Q3 24
$59.3M
$152.2M
Q2 24
$55.4M
$145.8M
Total Assets
MRAM
MRAM
OVBC
OVBC
Q1 26
$83.2M
Q4 25
$84.6M
$1.6B
Q3 25
$80.3M
$1.6B
Q2 25
$78.9M
$1.5B
Q1 25
$80.2M
$1.5B
Q4 24
$77.8M
$1.5B
Q3 24
$72.6M
$1.5B
Q2 24
$64.6M
$1.4B

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
OVBC
OVBC
Operating Cash FlowLast quarter
$570.0K
$18.1M
Free Cash FlowOCF − Capex
$17.0M
FCF MarginFCF / Revenue
105.2%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
4.57×
TTM Free Cash FlowTrailing 4 quarters
$26.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRAM
MRAM
OVBC
OVBC
Q1 26
$570.0K
Q4 25
$2.6M
$18.1M
Q3 25
$881.0K
$5.3M
Q2 25
$5.0M
$4.5M
Q1 25
$1.4M
$496.0K
Q4 24
$3.8M
$13.1M
Q3 24
$2.8M
$5.6M
Q2 24
$1.7M
$4.2M
Free Cash Flow
MRAM
MRAM
OVBC
OVBC
Q1 26
Q4 25
$-975.0K
$17.0M
Q3 25
$543.0K
$5.0M
Q2 25
$3.0M
$4.4M
Q1 25
$527.0K
$138.0K
Q4 24
$2.1M
$11.7M
Q3 24
$2.8M
$5.4M
Q2 24
$1.7M
$3.9M
FCF Margin
MRAM
MRAM
OVBC
OVBC
Q1 26
Q4 25
-6.6%
105.2%
Q3 25
3.9%
30.4%
Q2 25
22.9%
25.1%
Q1 25
4.0%
0.8%
Q4 24
15.8%
68.7%
Q3 24
22.9%
35.1%
Q2 24
15.9%
26.3%
Capex Intensity
MRAM
MRAM
OVBC
OVBC
Q1 26
Q4 25
24.3%
6.4%
Q3 25
2.4%
2.1%
Q2 25
15.1%
0.6%
Q1 25
6.9%
2.1%
Q4 24
13.2%
8.4%
Q3 24
0.5%
1.2%
Q2 24
0.3%
2.2%
Cash Conversion
MRAM
MRAM
OVBC
OVBC
Q1 26
Q4 25
2.19×
4.57×
Q3 25
16.31×
1.75×
Q2 25
1.06×
Q1 25
0.11×
Q4 24
3.16×
5.21×
Q3 24
1.25×
2.06×
Q2 24
1.41×

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%

OVBC
OVBC

Segment breakdown not available.

Related Comparisons