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

EVERSPIN TECHNOLOGIES INC. is the larger business by last-quarter revenue ($14.9M vs $13.5M, roughly 1.1× UNITED SECURITY BANCSHARES). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs -2.0%, a 27.2% gap on every dollar of revenue. On growth, UNITED SECURITY BANCSHARES posted the faster year-over-year revenue change (13.6% vs 13.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs 3.0%).

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.

United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.

MRAM vs UBFO — Head-to-Head

Bigger by revenue
MRAM
MRAM
1.1× larger
MRAM
$14.9M
$13.5M
UBFO
Growing faster (revenue YoY)
UBFO
UBFO
+0.4% gap
UBFO
13.6%
13.2%
MRAM
Higher net margin
UBFO
UBFO
27.2% more per $
UBFO
25.2%
-2.0%
MRAM
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
3.0%
UBFO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MRAM
MRAM
UBFO
UBFO
Revenue
$14.9M
$13.5M
Net Profit
$-296.0K
$3.4M
Gross Margin
52.7%
Operating Margin
29.0%
31.5%
Net Margin
-2.0%
25.2%
Revenue YoY
13.2%
13.6%
Net Profit YoY
36.8%
EPS (diluted)
$-0.01
$0.18

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
UBFO
UBFO
Q1 26
$14.9M
Q4 25
$14.8M
$13.5M
Q3 25
$14.1M
$14.0M
Q2 25
$13.2M
$12.6M
Q1 25
$13.1M
$13.7M
Q4 24
$13.2M
$11.9M
Q3 24
$12.1M
$13.8M
Q2 24
$10.6M
$13.0M
Net Profit
MRAM
MRAM
UBFO
UBFO
Q1 26
$-296.0K
Q4 25
$1.2M
$3.4M
Q3 25
$54.0K
$4.0M
Q2 25
$-670.0K
$2.2M
Q1 25
$-1.2M
$2.7M
Q4 24
$1.2M
$2.5M
Q3 24
$2.3M
$3.8M
Q2 24
$-2.5M
$4.3M
Gross Margin
MRAM
MRAM
UBFO
UBFO
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
UBFO
UBFO
Q1 26
29.0%
Q4 25
-7.2%
31.5%
Q3 25
-11.0%
40.3%
Q2 25
-14.9%
24.0%
Q1 25
-14.7%
27.5%
Q4 24
-11.8%
27.5%
Q3 24
-17.5%
37.1%
Q2 24
-26.5%
46.4%
Net Margin
MRAM
MRAM
UBFO
UBFO
Q1 26
-2.0%
Q4 25
8.1%
25.2%
Q3 25
0.4%
28.7%
Q2 25
-5.1%
17.2%
Q1 25
-8.9%
19.6%
Q4 24
9.2%
20.9%
Q3 24
18.8%
27.7%
Q2 24
-23.5%
33.0%
EPS (diluted)
MRAM
MRAM
UBFO
UBFO
Q1 26
$-0.01
Q4 25
$0.05
$0.18
Q3 25
$0.00
$0.23
Q2 25
$-0.03
$0.13
Q1 25
$-0.05
$0.16
Q4 24
$0.07
$0.14
Q3 24
$0.10
$0.22
Q2 24
$-0.12
$0.25

Balance Sheet & Financial Strength

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

Metric
MRAM
MRAM
UBFO
UBFO
Cash + ST InvestmentsLiquidity on hand
$40.5M
$264.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.2M
$139.7M
Total Assets
$83.2M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRAM
MRAM
UBFO
UBFO
Q1 26
$40.5M
Q4 25
$44.5M
$264.2M
Q3 25
$45.3M
$211.1M
Q2 25
$45.0M
$199.5M
Q1 25
$42.2M
$198.4M
Q4 24
$42.1M
$216.9M
Q3 24
$39.6M
$216.8M
Q2 24
$36.8M
$166.3M
Stockholders' Equity
MRAM
MRAM
UBFO
UBFO
Q1 26
$70.2M
Q4 25
$68.9M
$139.7M
Q3 25
$65.8M
$137.4M
Q2 25
$64.1M
$134.3M
Q1 25
$63.0M
$132.9M
Q4 24
$62.6M
$130.4M
Q3 24
$59.3M
$132.9M
Q2 24
$55.4M
$127.3M
Total Assets
MRAM
MRAM
UBFO
UBFO
Q1 26
$83.2M
Q4 25
$84.6M
$1.2B
Q3 25
$80.3M
$1.2B
Q2 25
$78.9M
$1.2B
Q1 25
$80.2M
$1.2B
Q4 24
$77.8M
$1.2B
Q3 24
$72.6M
$1.3B
Q2 24
$64.6M
$1.2B

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
UBFO
UBFO
Operating Cash FlowLast quarter
$570.0K
$22.1M
Free Cash FlowOCF − Capex
$19.8M
FCF MarginFCF / Revenue
146.0%
Capex IntensityCapex / Revenue
16.8%
Cash ConversionOCF / Net Profit
6.46×
TTM Free Cash FlowTrailing 4 quarters
$36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRAM
MRAM
UBFO
UBFO
Q1 26
$570.0K
Q4 25
$2.6M
$22.1M
Q3 25
$881.0K
$7.0M
Q2 25
$5.0M
$8.7M
Q1 25
$1.4M
$3.0M
Q4 24
$3.8M
$19.6M
Q3 24
$2.8M
$5.4M
Q2 24
$1.7M
$2.3M
Free Cash Flow
MRAM
MRAM
UBFO
UBFO
Q1 26
Q4 25
$-975.0K
$19.8M
Q3 25
$543.0K
$6.1M
Q2 25
$3.0M
$8.1M
Q1 25
$527.0K
$2.9M
Q4 24
$2.1M
$18.6M
Q3 24
$2.8M
$5.3M
Q2 24
$1.7M
$2.0M
FCF Margin
MRAM
MRAM
UBFO
UBFO
Q1 26
Q4 25
-6.6%
146.0%
Q3 25
3.9%
43.7%
Q2 25
22.9%
64.3%
Q1 25
4.0%
21.2%
Q4 24
15.8%
156.0%
Q3 24
22.9%
38.1%
Q2 24
15.9%
15.5%
Capex Intensity
MRAM
MRAM
UBFO
UBFO
Q1 26
Q4 25
24.3%
16.8%
Q3 25
2.4%
6.0%
Q2 25
15.1%
4.6%
Q1 25
6.9%
0.9%
Q4 24
13.2%
8.7%
Q3 24
0.5%
0.7%
Q2 24
0.3%
2.2%
Cash Conversion
MRAM
MRAM
UBFO
UBFO
Q1 26
Q4 25
2.19×
6.46×
Q3 25
16.31×
1.73×
Q2 25
4.01×
Q1 25
1.13×
Q4 24
3.16×
7.87×
Q3 24
1.25×
1.40×
Q2 24
0.54×

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%

UBFO
UBFO

Segment breakdown not available.

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