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Side-by-side financial comparison of EVERSPIN TECHNOLOGIES INC. (MRAM) and SCYNEXIS INC (SCYX). Click either name above to swap in a different company.

SCYNEXIS INC is the larger business by last-quarter revenue ($18.6M vs $14.9M, roughly 1.3× EVERSPIN TECHNOLOGIES INC.). SCYNEXIS INC runs the higher net margin — 65.7% vs -2.0%, a 67.7% gap on every dollar of revenue. On growth, SCYNEXIS INC posted the faster year-over-year revenue change (1808.5% vs 13.2%). Over the past eight quarters, SCYNEXIS INC's revenue compounded faster (268.5% CAGR vs 18.2%).

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.

SCYNEXIS Inc. is a biotechnology company focused on developing innovative antifungal therapies to address unmet medical needs for difficult-to-treat fungal infections. It targets hospital and specialty care markets, with key product candidates serving immunocompromised patients and other high-risk groups.

MRAM vs SCYX — Head-to-Head

Bigger by revenue
SCYX
SCYX
1.3× larger
SCYX
$18.6M
$14.9M
MRAM
Growing faster (revenue YoY)
SCYX
SCYX
+1795.3% gap
SCYX
1808.5%
13.2%
MRAM
Higher net margin
SCYX
SCYX
67.7% more per $
SCYX
65.7%
-2.0%
MRAM
Faster 2-yr revenue CAGR
SCYX
SCYX
Annualised
SCYX
268.5%
18.2%
MRAM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MRAM
MRAM
SCYX
SCYX
Revenue
$14.9M
$18.6M
Net Profit
$-296.0K
$12.3M
Gross Margin
52.7%
Operating Margin
29.0%
56.3%
Net Margin
-2.0%
65.7%
Revenue YoY
13.2%
1808.5%
Net Profit YoY
376.5%
EPS (diluted)
$-0.01
$0.25

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
SCYX
SCYX
Q1 26
$14.9M
Q4 25
$14.8M
$18.6M
Q3 25
$14.1M
$334.0K
Q2 25
$13.2M
$1.4M
Q1 25
$13.1M
$257.0K
Q4 24
$13.2M
$977.0K
Q3 24
$12.1M
$660.0K
Q2 24
$10.6M
$736.0K
Net Profit
MRAM
MRAM
SCYX
SCYX
Q1 26
$-296.0K
Q4 25
$1.2M
$12.3M
Q3 25
$54.0K
$-8.6M
Q2 25
$-670.0K
$-6.9M
Q1 25
$-1.2M
$-5.4M
Q4 24
$1.2M
Q3 24
$2.3M
$-2.8M
Q2 24
$-2.5M
$-14.5M
Gross Margin
MRAM
MRAM
SCYX
SCYX
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
SCYX
SCYX
Q1 26
29.0%
Q4 25
-7.2%
56.3%
Q3 25
-11.0%
-2516.5%
Q2 25
-14.9%
-701.0%
Q1 25
-14.7%
-3350.2%
Q4 24
-11.8%
Q3 24
-17.5%
-1563.6%
Q2 24
-26.5%
-1255.0%
Net Margin
MRAM
MRAM
SCYX
SCYX
Q1 26
-2.0%
Q4 25
8.1%
65.7%
Q3 25
0.4%
-2572.2%
Q2 25
-5.1%
-504.8%
Q1 25
-8.9%
-2097.7%
Q4 24
9.2%
Q3 24
18.8%
-425.5%
Q2 24
-23.5%
-1964.4%
EPS (diluted)
MRAM
MRAM
SCYX
SCYX
Q1 26
$-0.01
Q4 25
$0.05
$0.25
Q3 25
$0.00
$-0.17
Q2 25
$-0.03
$-0.14
Q1 25
$-0.05
$-0.11
Q4 24
$0.07
Q3 24
$0.10
$-0.06
Q2 24
$-0.12
$-0.30

Balance Sheet & Financial Strength

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

Metric
MRAM
MRAM
SCYX
SCYX
Cash + ST InvestmentsLiquidity on hand
$40.5M
$40.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.2M
$49.4M
Total Assets
$83.2M
$59.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRAM
MRAM
SCYX
SCYX
Q1 26
$40.5M
Q4 25
$44.5M
$40.0M
Q3 25
$45.3M
$37.9M
Q2 25
$45.0M
$44.8M
Q1 25
$42.2M
$40.6M
Q4 24
$42.1M
$59.3M
Q3 24
$39.6M
$68.8M
Q2 24
$36.8M
$73.0M
Stockholders' Equity
MRAM
MRAM
SCYX
SCYX
Q1 26
$70.2M
Q4 25
$68.9M
$49.4M
Q3 25
$65.8M
$36.4M
Q2 25
$64.1M
$44.5M
Q1 25
$63.0M
$50.5M
Q4 24
$62.6M
$55.1M
Q3 24
$59.3M
$58.5M
Q2 24
$55.4M
$60.4M
Total Assets
MRAM
MRAM
SCYX
SCYX
Q1 26
$83.2M
Q4 25
$84.6M
$59.0M
Q3 25
$80.3M
$51.1M
Q2 25
$78.9M
$60.7M
Q1 25
$80.2M
$67.9M
Q4 24
$77.8M
$90.6M
Q3 24
$72.6M
$99.0M
Q2 24
$64.6M
$107.8M

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
SCYX
SCYX
Operating Cash FlowLast quarter
$570.0K
$18.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRAM
MRAM
SCYX
SCYX
Q1 26
$570.0K
Q4 25
$2.6M
$18.4M
Q3 25
$881.0K
$-8.7M
Q2 25
$5.0M
$-7.5M
Q1 25
$1.4M
$-7.5M
Q4 24
$3.8M
$-24.0M
Q3 24
$2.8M
$765.0K
Q2 24
$1.7M
$-10.9M
Free Cash Flow
MRAM
MRAM
SCYX
SCYX
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
MRAM
MRAM
SCYX
SCYX
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
MRAM
MRAM
SCYX
SCYX
Q1 26
Q4 25
24.3%
Q3 25
2.4%
Q2 25
15.1%
Q1 25
6.9%
Q4 24
13.2%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
MRAM
MRAM
SCYX
SCYX
Q1 26
Q4 25
2.19×
1.50×
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%

SCYX
SCYX

Glaxosmithkline Intellectual Property$17.2M92%
Products$1.4M8%

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