vs
Side-by-side financial comparison of EVERSPIN TECHNOLOGIES INC. (MRAM) and Stabilis Solutions, Inc. (SLNG). Click either name above to swap in a different company.
EVERSPIN TECHNOLOGIES INC. is the larger business by last-quarter revenue ($14.9M vs $13.3M, roughly 1.1× Stabilis Solutions, Inc.). Stabilis Solutions, Inc. runs the higher net margin — -2.0% vs -2.0%, a 0.0% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -23.3%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -18.1%).
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.
Stabilis Solutions, Inc.SLNGEarnings & Financial Report
Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.
MRAM vs SLNG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $14.9M | $13.3M |
| Net Profit | $-296.0K | $-262.0K |
| Gross Margin | 52.7% | 24.7% |
| Operating Margin | 29.0% | -2.4% |
| Net Margin | -2.0% | -2.0% |
| Revenue YoY | 13.2% | -23.3% |
| Net Profit YoY | — | -112.4% |
| 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.
| Q1 26 | $14.9M | — | ||
| Q4 25 | $14.8M | $13.3M | ||
| Q3 25 | $14.1M | $20.3M | ||
| Q2 25 | $13.2M | $17.3M | ||
| Q1 25 | $13.1M | $17.3M | ||
| Q4 24 | $13.2M | $17.3M | ||
| Q3 24 | $12.1M | $17.6M | ||
| Q2 24 | $10.6M | $18.6M |
| Q1 26 | $-296.0K | — | ||
| Q4 25 | $1.2M | $-262.0K | ||
| Q3 25 | $54.0K | $1.1M | ||
| Q2 25 | $-670.0K | $-613.0K | ||
| Q1 25 | $-1.2M | $-1.6M | ||
| Q4 24 | $1.2M | $2.1M | ||
| Q3 24 | $2.3M | $997.0K | ||
| Q2 24 | $-2.5M | $27.0K |
| Q1 26 | 52.7% | — | ||
| Q4 25 | 50.8% | 24.7% | ||
| Q3 25 | 51.3% | 27.6% | ||
| Q2 25 | 51.3% | 26.5% | ||
| Q1 25 | 51.4% | 26.2% | ||
| Q4 24 | 51.3% | 28.5% | ||
| Q3 24 | 49.2% | 28.3% | ||
| Q2 24 | 49.0% | 27.1% |
| Q1 26 | 29.0% | — | ||
| Q4 25 | -7.2% | -2.4% | ||
| Q3 25 | -11.0% | 5.5% | ||
| Q2 25 | -14.9% | -2.4% | ||
| Q1 25 | -14.7% | -9.7% | ||
| Q4 24 | -11.8% | 12.8% | ||
| Q3 24 | -17.5% | 5.0% | ||
| Q2 24 | -26.5% | 2.4% |
| Q1 26 | -2.0% | — | ||
| Q4 25 | 8.1% | -2.0% | ||
| Q3 25 | 0.4% | 5.5% | ||
| Q2 25 | -5.1% | -3.5% | ||
| Q1 25 | -8.9% | -9.2% | ||
| Q4 24 | 9.2% | 12.2% | ||
| Q3 24 | 18.8% | 5.7% | ||
| Q2 24 | -23.5% | 0.1% |
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.00 | $0.06 | ||
| Q2 25 | $-0.03 | $-0.03 | ||
| Q1 25 | $-0.05 | $-0.09 | ||
| Q4 24 | $0.07 | $0.12 | ||
| Q3 24 | $0.10 | $0.05 | ||
| Q2 24 | $-0.12 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.5M | $7.5M |
| Total DebtLower is stronger | — | $7.9M |
| Stockholders' EquityBook value | $70.2M | $66.7M |
| Total Assets | $83.2M | $83.1M |
| Debt / EquityLower = less leverage | — | 0.12× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.5M | — | ||
| Q4 25 | $44.5M | $7.5M | ||
| Q3 25 | $45.3M | $10.3M | ||
| Q2 25 | $45.0M | $12.2M | ||
| Q1 25 | $42.2M | $9.0M | ||
| Q4 24 | $42.1M | $9.0M | ||
| Q3 24 | $39.6M | $12.4M | ||
| Q2 24 | $36.8M | $11.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $7.9M | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $8.3M | ||
| Q4 24 | — | $8.9M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | — | $8.6M |
| Q1 26 | $70.2M | — | ||
| Q4 25 | $68.9M | $66.7M | ||
| Q3 25 | $65.8M | $66.7M | ||
| Q2 25 | $64.1M | $65.5M | ||
| Q1 25 | $63.0M | $65.9M | ||
| Q4 24 | $62.6M | $67.0M | ||
| Q3 24 | $59.3M | $65.4M | ||
| Q2 24 | $55.4M | $63.7M |
| Q1 26 | $83.2M | — | ||
| Q4 25 | $84.6M | $83.1M | ||
| Q3 25 | $80.3M | $87.1M | ||
| Q2 25 | $78.9M | $83.2M | ||
| Q1 25 | $80.2M | $83.1M | ||
| Q4 24 | $77.8M | $85.6M | ||
| Q3 24 | $72.6M | $89.3M | ||
| Q2 24 | $64.6M | $82.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.13× |
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 | $570.0K | $669.0K |
| Free Cash FlowOCF − Capex | — | $-2.5M |
| FCF MarginFCF / Revenue | — | -18.6% |
| Capex IntensityCapex / Revenue | — | 23.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $462.0K |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $570.0K | — | ||
| Q4 25 | $2.6M | $669.0K | ||
| Q3 25 | $881.0K | $2.4M | ||
| Q2 25 | $5.0M | $4.5M | ||
| Q1 25 | $1.4M | $1.0M | ||
| Q4 24 | $3.8M | $2.2M | ||
| Q3 24 | $2.8M | $2.6M | ||
| Q2 24 | $1.7M | $5.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-975.0K | $-2.5M | ||
| Q3 25 | $543.0K | $-1.5M | ||
| Q2 25 | $3.0M | $3.9M | ||
| Q1 25 | $527.0K | $538.0K | ||
| Q4 24 | $2.1M | $-3.4M | ||
| Q3 24 | $2.8M | $1.2M | ||
| Q2 24 | $1.7M | $3.7M |
| Q1 26 | — | — | ||
| Q4 25 | -6.6% | -18.6% | ||
| Q3 25 | 3.9% | -7.3% | ||
| Q2 25 | 22.9% | 22.4% | ||
| Q1 25 | 4.0% | 3.1% | ||
| Q4 24 | 15.8% | -19.7% | ||
| Q3 24 | 22.9% | 7.1% | ||
| Q2 24 | 15.9% | 19.7% |
| Q1 26 | — | — | ||
| Q4 25 | 24.3% | 23.7% | ||
| Q3 25 | 2.4% | 19.1% | ||
| Q2 25 | 15.1% | 3.7% | ||
| Q1 25 | 6.9% | 2.8% | ||
| Q4 24 | 13.2% | 32.3% | ||
| Q3 24 | 0.5% | 7.4% | ||
| Q2 24 | 0.3% | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.19× | — | ||
| Q3 25 | 16.31× | 2.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.16× | 1.03× | ||
| Q3 24 | 1.25× | 2.56× | ||
| Q2 24 | — | 186.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MRAM
| Product sales | $14.1M | 95% |
| Licensing, royalty, patent, engineering services and other revenue | $772.0K | 5% |
SLNG
| Natural Gas Gathering Transportation Marketing And Processing | $11.1M | 84% |
| Other | $1.3M | 10% |
| Services | $897.0K | 7% |
