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

SIFCO INDUSTRIES INC is the larger business by last-quarter revenue ($24.0M vs $14.9M, roughly 1.6× EVERSPIN TECHNOLOGIES INC.). SIFCO INDUSTRIES INC runs the higher net margin — 7.5% vs -2.0%, a 9.5% gap on every dollar of revenue. On growth, SIFCO INDUSTRIES INC posted the faster year-over-year revenue change (14.8% vs 13.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 8.1%).

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.

SIFCO Industries, Inc. (SIFCO), is a global metal component manufacturer based in Cleveland, Ohio.

MRAM vs SIF — Head-to-Head

Bigger by revenue
SIF
SIF
1.6× larger
SIF
$24.0M
$14.9M
MRAM
Growing faster (revenue YoY)
SIF
SIF
+1.6% gap
SIF
14.8%
13.2%
MRAM
Higher net margin
SIF
SIF
9.5% more per $
SIF
7.5%
-2.0%
MRAM
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
8.1%
SIF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MRAM
MRAM
SIF
SIF
Revenue
$14.9M
$24.0M
Net Profit
$-296.0K
$1.8M
Gross Margin
52.7%
21.6%
Operating Margin
29.0%
10.7%
Net Margin
-2.0%
7.5%
Revenue YoY
13.2%
14.8%
Net Profit YoY
177.3%
EPS (diluted)
$-0.01
$0.29

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
SIF
SIF
Q1 26
$14.9M
Q4 25
$14.8M
$24.0M
Q3 25
$14.1M
$22.8M
Q2 25
$13.2M
$22.1M
Q1 25
$13.1M
$19.0M
Q4 24
$13.2M
$20.9M
Q3 24
$12.1M
$21.7M
Q2 24
$10.6M
$22.0M
Net Profit
MRAM
MRAM
SIF
SIF
Q1 26
$-296.0K
Q4 25
$1.2M
$1.8M
Q3 25
$54.0K
$-429.0K
Q2 25
$-670.0K
$3.4M
Q1 25
$-1.2M
$-1.4M
Q4 24
$1.2M
$-2.3M
Q3 24
$2.3M
$-443.0K
Q2 24
$-2.5M
$72.0K
Gross Margin
MRAM
MRAM
SIF
SIF
Q1 26
52.7%
Q4 25
50.8%
21.6%
Q3 25
51.3%
9.6%
Q2 25
51.3%
26.7%
Q1 25
51.4%
8.3%
Q4 24
51.3%
4.4%
Q3 24
49.2%
10.7%
Q2 24
49.0%
12.3%
Operating Margin
MRAM
MRAM
SIF
SIF
Q1 26
29.0%
Q4 25
-7.2%
10.7%
Q3 25
-11.0%
-1.7%
Q2 25
-14.9%
14.8%
Q1 25
-14.7%
-4.1%
Q4 24
-11.8%
-9.2%
Q3 24
-17.5%
-1.5%
Q2 24
-26.5%
0.7%
Net Margin
MRAM
MRAM
SIF
SIF
Q1 26
-2.0%
Q4 25
8.1%
7.5%
Q3 25
0.4%
-1.9%
Q2 25
-5.1%
15.4%
Q1 25
-8.9%
-7.3%
Q4 24
9.2%
-11.1%
Q3 24
18.8%
-2.0%
Q2 24
-23.5%
0.3%
EPS (diluted)
MRAM
MRAM
SIF
SIF
Q1 26
$-0.01
Q4 25
$0.05
$0.29
Q3 25
$0.00
$-0.07
Q2 25
$-0.03
$0.56
Q1 25
$-0.05
$-0.23
Q4 24
$0.07
$-0.38
Q3 24
$0.10
$-0.07
Q2 24
$-0.12
$0.01

Balance Sheet & Financial Strength

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

Metric
MRAM
MRAM
SIF
SIF
Cash + ST InvestmentsLiquidity on hand
$40.5M
$1.1M
Total DebtLower is stronger
$39.0K
Stockholders' EquityBook value
$70.2M
$38.7M
Total Assets
$83.2M
$74.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRAM
MRAM
SIF
SIF
Q1 26
$40.5M
Q4 25
$44.5M
$1.1M
Q3 25
$45.3M
$491.0K
Q2 25
$45.0M
$2.0M
Q1 25
$42.2M
$1.9M
Q4 24
$42.1M
$3.1M
Q3 24
$39.6M
$1.7M
Q2 24
$36.8M
$3.4M
Total Debt
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
$39.0K
Q3 25
$51.0K
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$3.6M
Stockholders' Equity
MRAM
MRAM
SIF
SIF
Q1 26
$70.2M
Q4 25
$68.9M
$38.7M
Q3 25
$65.8M
$36.9M
Q2 25
$64.1M
$35.8M
Q1 25
$63.0M
$32.4M
Q4 24
$62.6M
$33.7M
Q3 24
$59.3M
$30.4M
Q2 24
$55.4M
$29.8M
Total Assets
MRAM
MRAM
SIF
SIF
Q1 26
$83.2M
Q4 25
$84.6M
$74.9M
Q3 25
$80.3M
$73.4M
Q2 25
$78.9M
$77.3M
Q1 25
$80.2M
$78.8M
Q4 24
$77.8M
$81.0M
Q3 24
$72.6M
$104.6M
Q2 24
$64.6M
$106.3M
Debt / Equity
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.12×

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
SIF
SIF
Operating Cash FlowLast quarter
$570.0K
$8.1M
Free Cash FlowOCF − Capex
$8.0M
FCF MarginFCF / Revenue
33.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
4.51×
TTM Free Cash FlowTrailing 4 quarters
$11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRAM
MRAM
SIF
SIF
Q1 26
$570.0K
Q4 25
$2.6M
$8.1M
Q3 25
$881.0K
$726.0K
Q2 25
$5.0M
$371.0K
Q1 25
$1.4M
$2.8M
Q4 24
$3.8M
$-3.8M
Q3 24
$2.8M
$857.0K
Q2 24
$1.7M
$382.0K
Free Cash Flow
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
$-975.0K
$8.0M
Q3 25
$543.0K
$566.0K
Q2 25
$3.0M
$310.0K
Q1 25
$527.0K
$2.7M
Q4 24
$2.1M
$-3.9M
Q3 24
$2.8M
$580.0K
Q2 24
$1.7M
$-175.0K
FCF Margin
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
-6.6%
33.3%
Q3 25
3.9%
2.5%
Q2 25
22.9%
1.4%
Q1 25
4.0%
14.1%
Q4 24
15.8%
-18.8%
Q3 24
22.9%
2.7%
Q2 24
15.9%
-0.8%
Capex Intensity
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
24.3%
0.4%
Q3 25
2.4%
0.7%
Q2 25
15.1%
0.3%
Q1 25
6.9%
0.8%
Q4 24
13.2%
0.5%
Q3 24
0.5%
1.3%
Q2 24
0.3%
2.5%
Cash Conversion
MRAM
MRAM
SIF
SIF
Q1 26
Q4 25
2.19×
4.51×
Q3 25
16.31×
Q2 25
0.11×
Q1 25
Q4 24
3.16×
Q3 24
1.25×
Q2 24
5.31×

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%

SIF
SIF

Fixed Wing Aircraft Revenue$10.5M44%
Commercial Revenue$8.7M36%
Commercial Product And Other Revenue$2.8M12%
Commercial Space$1.1M5%
Other$840.0K4%

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