MRAM EVERSPIN TECHNOLOGIES INC.
Price Chart
Executive Summary
Everspin Technologies reported Q4 2025 revenue of $14.8 million, up 12% YoY, driven by strong MRAM product sales growth. Full-year revenue reached $55.2 million (10% YoY growth), but GAAP net loss was $0.6 million versus a $0.8 million profit in 2024. The company expects Q1 2026 revenue between $14.0-$15.0 million with non-GAAP net income per share of $0.07-$0.12.
Key Financial Metrics
Actionable Insight
Monitor whether the company can convert strong revenue growth into improved profitability in 2026, particularly as licensing revenue declined and operating expenses increased despite higher sales.
Key Facts
- Q4 2025 revenue: $14.8 million (12% YoY growth), up from $13.2 million
- Full-year 2025 revenue: $55.2 million (10% YoY growth) vs $50.4 million in 2024
- GAAP net loss for 2025: $0.6 million vs $0.8 million net income in 2024
- Non-GAAP net income: $5.2 million ($0.22/share) in 2025 vs $7.5 million ($0.34/share) in 2024
- Q1 2026 guidance: revenue $14.0-$15.0 million, non-GAAP EPS $0.07-$0.12
Financial Impact
Revenue growth of $4.8 million year-over-year, but profitability declined with GAAP net loss of $0.6 million vs prior year profit of $0.8 million
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| MRAM product sales | $48.3M | +14.4% |
| Licensing, royalty, patent, and other revenue | $6.9M | -15.7% |
Risk Factors
- Declining licensing revenue ($6.9M in 2025 vs $8.2M in 2024)
- Increased operating expenses ($34.8M in 2025 vs $33.2M in 2024)
- GAAP net loss despite revenue growth
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-014611 |
| Document: mram-20260304.htm | 0001628280-26-014611 |
| Document: 0001628280-26-014611-index-headers.html | 0001628280-26-014611 |
| Document: 0001628280-26-014611-index.html | 0001628280-26-014611 |
| Document: 0001628280-26-014611.txt | 0001628280-26-014611 |
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Jun 2, 2026
7d ago
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Insider Cluster
| $28.57 $28.42 | ▲ +0.53% | ▲ +0.93% | $24.30 (+14.95%) |
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May 21, 2026
19d ago
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| $32.70 $29.97 | ▲ +8.35% | ▲ +8.36% | $24.30 (+25.69%) |
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May 21, 2026
19d ago
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| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
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May 21, 2026
19d ago
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Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
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May 21, 2026
19d ago
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Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
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May 20, 2026
20d ago
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144
| $32.45 $33.68 | ▲ +3.79% | ▲ +3.34% | $24.30 (−25.12%) |
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May 19, 2026
21d ago
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Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.30 (+16.03%) |
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May 19, 2026
21d ago
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Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.30 (+16.03%) |
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May 15, 2026
25d ago
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Insider Cluster
| $33.35 $31.72 | ▼ −4.89% | ▼ −4.24% | $24.30 (−27.14%) |
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May 11, 2026
29d ago
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144
| $44.01 $44.01 | · 0.00% | ▼ −0.54% | $24.30 (−44.79%) |
US Market Status
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