undamentalytics Newsletter
Sign in

Everspin Technologies Inc. (MRAM) stock

Add to watchlist

Add holding +

NASDAQ: MRAM Nasdaq Semiconductors Next results ~February 1, 2027

C Fundamentals grade

Everspin Technologies Inc. is a US-listed company in the semiconductors industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$6.0

Valuation models combined (4)

Base case. Range ~$3.9–$8.6. Weighted average of 4 models (growth cash-flow model, forward price-to-earnings vs peers, forward price-to-sales vs peers, revenue-to-maturity model), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Everspin Technologies Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 8 selling0 purchases and 32 sales by directors and officers, last 12 monthsInsider trades
  • Funds80 adding, 50 cuttingOf 26 active managers that changed their stake, 9 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Everspin Technologies files

Where Everspin Technologies stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $62m, up 20.9% on a year earlier, faster than the 15.9% growth a quarter earlier. Free-cash-flow margin fell to -8.6% from 16.3% a year earlier. The diluted share count is up 2.3% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 7 of our 7 financial-health checks. Our revenue-to-maturity cash-flow model value is $6.79 a share, against a share price of $14.62.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 1, 2027 (estimated)

Everspin Technologies Inc.'s trailing-twelve-month revenue grew 20.9% year on year, with a free-cash-flow margin of -8.6%. Where it stands out: long-term debt as % of assets of 0.0% ranks 4 of 47 semiconductor companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 20.9% (+5.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 20.9% over the last 12 months, against a median of 13.7% for semiconductor companies we cover.
  • Growth speeding up. The growth rate is 5.0 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 23.2% over 90 days.

Things to watch

  • Loss-making. Operating margin is -15.5%: costs exceed revenue.
  • Burning cash. Free cash flow was -8.6% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 2.3% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 114% and a beta of 4.3 against the S&P 500.
  • Insiders selling. 8 insiders sold $20M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Heavily shorted. 13.6% of the shares available to trade are sold short (3.7 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.12 against an average estimate of $0.12: beat by 0.0%
Revenue
$19m, up 41.9% on a year earlier
Share reaction
+3.6% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Next report
October 28, 2026; average EPS estimate $0.13

Everspin Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.0%
  • 1 week+2.2%
  • 1 month-30.6%
  • This year+40.8%
  • 1 year+23.3%
  • 5 years+92.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$62.5M
Operating margin
-15.5%
Net margin
-4.2%
EPS (TTM, diluted)
$-0.11

Growth

Revenue growth
+20.9%
Change in growth rate
+5.0 pts
Share count change
+2.3%

Cash

Free cash flow (TTM)
-$5.4M
FCF margin
-8.6%
Stock pay % of revenue
8.7%

Earnings

Last results
October 28, 2026
Next results (est.)
February 1, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Leadership
  3. Results
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Everspin Technologies Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Everspin Technologies Inc. as an operating company, with every model that fits that kind of business. Cost of equity 13.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$3.9 ~$2.9–$4.8 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$8.6 ~$8.1–$15 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$2.1 ~$1.5–$3.0 Left out: out of range vs price (0.16x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$2.1 ~$2.0–$2.4 Left out: out of range vs price (0.16x)
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$8.2 ~$7.9–$24 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$6.4 ~$5.3–$7.7 Included
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$6.0 ~$3.9–$8.6 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Everspin Technologies Inc. with Semiconductors in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$8.29$7.50$5.61$5.26$4.60$11.30$5.56$9.04$6.39$9.28$13.07
Market value$39m$94m$92m$91m$86m$226m$116m$193m$142m$209m$303m
+ Net debt (− = net cash)−$22m−$785000−$11m−$7m−$7m−$17m−$27m−$37m−$39m−$43m−$43m
Enterprise value$18m$93m$81m$84m$80m$209m$89m$156m$103m$167m$260m
Multiples
Price / sales 1.4x2.6x1.9x2.4x2.1x4.1x1.9x3.0x2.8x3.8x4.8x
Price / earnings —————52.0x18.8x21.3x181.3x——
Price / free cash flow —————27.1x17.2x16.5x35.0x67.1x—
EV / EBITDA —————32.2x12.3x22.0x———

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

49 /100

Moderate moat

How hard Everspin Technologies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 16 / 20

    Cash operating profit has been a median 12.4% of total assets over 10 years.

  • Pricing power 16 / 20

    Gross margin has been a median 54.3%, moving by 4.2 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -15.1%; its worst year was -55.2%.

  • Cash conversion 5 / 20

    Free cash flow was positive in 5 of 10 years, at a median -2.2% of revenue.

  • Discipline 2 / 20

    The diluted share count rose 20.0% over five years; stock-based pay has been a median 8.2% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.48 +119% $76m +37%
Next $0.57 +19% $88m +17%

Next year's EPS estimate has moved +23.2% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +19.6% on 90 days ago. In the last 30 days, 2 analysts raised Everspin Technologies Inc.'s forecast and 1 cut it.

Consensus EPS forecast Everspin Technologies Inc., last 90 days
$0.40 $0.45 $0.50 $0.55 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.40 Current fiscal year, 60 days ago: $0.47 Current fiscal year, 30 days ago: $0.47 Current fiscal year, 7 days ago: $0.46 Current fiscal year, Now: $0.48 $0.48 Next fiscal year, 90 days ago: $0.47 Next fiscal year, 60 days ago: $0.48 Next fiscal year, 30 days ago: $0.48 Next fiscal year, 7 days ago: $0.50 Next fiscal year, Now: $0.57 $0.57

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.40$0.47
60 days ago $0.47$0.48
30 days ago $0.47$0.48
7 days ago $0.46$0.50
Now $0.48$0.57

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.12 $0.12 0.0%
Jun 2026 $0.09 $0.11 +26.9%
Mar 2026 $0.09 $0.11 +22.2%
Dec 2025 $0.12 $0.11 −4.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

4 analysts, Oct 2026
Buy4100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026224
  2. Sep 2026123
  3. Aug 2026123
  4. Jul 2026123

Counts of recommendations published by analysts covering Everspin Technologies Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.6%
of tradable shares
Days to cover
3.71
at average volume
Short interest, 1 month
−15%
to October 15, 2026
Held by institutions
59%
of shares
Held by insiders
5.6%
of shares
Employees
85
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +23.3%

$10.60 on October 31, 2025 to $13.07

ThenNowEffect
Revenue (last 12 months) $52m $62m +20.9%
P/S multiple 4.6x 4.8x +4.4%
Share count 23m 23m −2.3%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years +47.7%

$8.85 on November 3, 2023 to $13.07

ThenNowEffect
Revenue (last 12 months) $62m $62m +1.5%
P/S multiple 3.0x 4.8x +60.3%
Share count 21m 23m −9.3%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
MRAM+146%−51%+63%−29%+45%+41%
Industry peers (median)+35%−34%+15%−9%+16%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MRAM58%33%50%42%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MRAM−32%−62%−20%−45%−37%−72%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 7, 2016: 91% from July 17, 2017 to March 23, 2020. Getting back needed a 1047% gain, reached on May 8, 2026, 2237 days after the low.

Price behaviour

52-week range
$7.50 – $44.01
From 52-week high
−70.3%
vs 50-day average
−17.4%
vs 200-day average
−22.1%
Volatility (1 year)
114%
Beta vs S&P 500
4.29

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±10.9%
After a week
3 up, 8 down
typical move ±14.9%
After a month
3 up, 8 down
typical move ±19.4%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 +3.6% 0.0% — —
August 5, 2026 −10.2% −0.4% −2.1% −9.0%
April 29, 2026 +43.5% +1.0% +69.2% +107.1%
March 4, 2026 −14.1% +0.1% −13.8% −10.7%
November 5, 2025 −11.5% −0.7% −8.7% −12.0%
August 6, 2025 +1.2% +0.7% +6.5% +9.2%
April 30, 2025 +11.7% +0.7% +10.8% +5.8%
February 26, 2025 +1.1% −1.5% −1.6% −7.6%
October 30, 2024 −7.6% −2.3% −7.2% −8.2%
July 31, 2024 −2.4% +0.2% −15.5% −10.7%
May 1, 2024 −12.3% +0.6% −18.1% −19.7%
February 28, 2024 −11.2% +0.2% −9.9% −13.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Everspin Technologies Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Everspin Technologies Inc.
$45M $50M $55M $60M $65M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $62.7M Revenue (TTM), FY23 Q4: $63.8M Revenue (TTM), FY24 Q1: $63.3M Revenue (TTM), FY24 Q2: $58.2M Revenue (TTM), FY24 Q3: $53.9M Revenue (TTM), FY24 Q4: $50.4M Revenue (TTM), FY25 Q1: $49.1M Revenue (TTM), FY25 Q2: $51.7M Revenue (TTM), FY25 Q3: $53.6M Revenue (TTM), FY25 Q4: $55.2M Revenue (TTM), FY26 Q1: $56.9M Revenue (TTM), FY26 Q2: $62.5M $62.5M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $62.7M
FY23 Q4 $63.8M
FY24 Q1 $63.3M
FY24 Q2 $58.2M
FY24 Q3 $53.9M
FY24 Q4 $50.4M
FY25 Q1 $49.1M
FY25 Q2 $51.7M
FY25 Q3 $53.6M
FY25 Q4 $55.2M
FY26 Q1 $56.9M
FY26 Q2 $62.5M
Revenue growth, TTM YoY Everspin Technologies Inc.
-40% -20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 0.4% Revenue growth, TTM YoY, FY23 Q4: 6.3% Revenue growth, TTM YoY, FY24 Q1: 4.7% Revenue growth, TTM YoY, FY24 Q2: -5.3% Revenue growth, TTM YoY, FY24 Q3: -14.2% Revenue growth, TTM YoY, FY24 Q4: -21.0% Revenue growth, TTM YoY, FY25 Q1: -22.5% Revenue growth, TTM YoY, FY25 Q2: -11.3% Revenue growth, TTM YoY, FY25 Q3: -0.4% Revenue growth, TTM YoY, FY25 Q4: 9.5% Revenue growth, TTM YoY, FY26 Q1: 15.9% Revenue growth, TTM YoY, FY26 Q2: 20.9% 20.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 0.4%
FY23 Q4 6.3%
FY24 Q1 4.7%
FY24 Q2 -5.3%
FY24 Q3 -14.2%
FY24 Q4 -21.0%
FY25 Q1 -22.5%
FY25 Q2 -11.3%
FY25 Q3 -0.4%
FY25 Q4 9.5%
FY26 Q1 15.9%
FY26 Q2 20.9%
Operating margin (TTM) Everspin Technologies Inc.
-20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 7.7% Operating margin (TTM), FY23 Q4: 9.2% Operating margin (TTM), FY24 Q1: 7.2% Operating margin (TTM), FY24 Q2: 0.3% Operating margin (TTM), FY24 Q3: -7.3% Operating margin (TTM), FY24 Q4: -14.1% Operating margin (TTM), FY25 Q1: -17.2% Operating margin (TTM), FY25 Q2: -14.6% Operating margin (TTM), FY25 Q3: -13.0% Operating margin (TTM), FY25 Q4: -11.8% Operating margin (TTM), FY26 Q1: -12.8% Operating margin (TTM), FY26 Q2: -15.5% -15.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 7.7%
FY23 Q4 9.2%
FY24 Q1 7.2%
FY24 Q2 0.3%
FY24 Q3 -7.3%
FY24 Q4 -14.1%
FY25 Q1 -17.2%
FY25 Q2 -14.6%
FY25 Q3 -13.0%
FY25 Q4 -11.8%
FY26 Q1 -12.8%
FY26 Q2 -15.5%
FCF margin (TTM) Everspin Technologies Inc.
-10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 21.9% FCF margin (TTM), FY23 Q4: 18.4% FCF margin (TTM), FY24 Q1: 14.3% FCF margin (TTM), FY24 Q2: 7.6% FCF margin (TTM), FY24 Q3: 6.8% FCF margin (TTM), FY24 Q4: 8.0% FCF margin (TTM), FY25 Q1: 14.4% FCF margin (TTM), FY25 Q2: 16.3% FCF margin (TTM), FY25 Q3: 11.5% FCF margin (TTM), FY25 Q4: 5.7% FCF margin (TTM), FY26 Q1: -2.1% FCF margin (TTM), FY26 Q2: -8.6% -8.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 21.9%
FY23 Q4 18.4%
FY24 Q1 14.3%
FY24 Q2 7.6%
FY24 Q3 6.8%
FY24 Q4 8.0%
FY25 Q1 14.4%
FY25 Q2 16.3%
FY25 Q3 11.5%
FY25 Q4 5.7%
FY26 Q1 -2.1%
FY26 Q2 -8.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 25 27 27 36 49 38 42 55 60 64 50 55 62
Gross profit 13 14 15 21 25 18 18 33 34 37 26 28 33
EBITDA −8 −16 −15 −19 −16 −13 −6 6 7 7 −5 −3 −7
Operating income −10 −18 −16 −20 −17 −14 −8 5 6 6 −7 −7 −10
Net income −10 −18 −17 −21 −18 −15 −9 4 6 9 1 −1 −3
Diluted EPS −$4.00 −$7.12 −$3.53 −$1.69 −$1.08 −$0.85 −$0.45 $0.22 $0.29 $0.42 $0.04 −$0.03 −$0.11
Growth (year on year)
Revenue — +6.6% +2.1% +32.6% +37.5% −24.1% +12.1% +31.2% +8.8% +6.3% −21.0% +9.5% +20.9%
EBITDA — — — — — — — — +11.1% −1.7% −175.6% — —
Operating income — — — — — — — — +23.7% −5.5% −220.5% — —
Net income — — — — — — — — +41.1% +47.7% −91.4% — −259.8%
Diluted EPS — — — — — — — — +31.8% +44.8% −90.5% — −256.2%
Margins
Gross margin 52.6% 52.7% 54.3% 59.8% 51.3% 48.9% 43.0% 60.0% 56.6% 58.4% 51.8% 51.2% 52.3%
EBITDA margin −33.7% −61.0% −54.2% −52.9% −32.1% −33.9% −13.3% 11.8% 12.0% 11.1% −10.6% −6.0% −10.9%
Operating margin −39.8% −66.1% −57.3% −56.2% −35.1% −38.4% −18.0% 9.1% 10.4% 9.2% −14.1% −11.8% −15.5%
Net margin −40.9% −68.5% −61.7% −58.7% −35.9% −39.1% −20.3% 7.9% 10.2% 14.2% 1.5% −1.1% −4.2%
Free-cash-flow margin −34.0% −45.1% −72.3% −61.1% −33.6% −23.9% −7.7% 15.1% 11.2% 18.4% 8.0% 5.7% −8.6%
Cash flow
Cash from operations −8 −11 −19 −19 −15 −8 −3 9 9 13 7 10 4
Capital spending 1 1 1 3 2 1 0 1 3 1 3 7 10
Free cash flow −8 −12 −20 −22 −17 −9 −3 8 7 12 4 3 −5
Stock-based pay 1 0 1 2 3 4 4 3 4 5 7 6 5
Free cash flow after stock pay −9 −12 −21 −24 −19 −13 −7 5 2 7 −3 −3 −11
Balance sheet
Cash 10 2 30 13 23 14 15 21 27 37 42 44 44
Total debt 0 8 8 12 12 8 8 5 — 0 4 2 1
Net debt (negative = net cash) −10 6 −22 −1 −11 −7 −7 −17 −27 −37 −39 −43 −43
Diluted shares 3m 3m 5m 12m 16m 17m 19m 20m 21m 21m 22m 23m 23m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

7 of 7 checks passed · June 30, 2026
What it owns · $89m
Short-term assets $69mLonger-term assets $20m
What it owes, and who funded it · $89m
Short-term liabilities $15mLonger-term liabilities $2mShareholders' equity $73m
  • Short-term assets cover short-term liabilities $69m of assets due within a year against $15m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $69m short-term assets against $2m of longer-dated liabilities.
  • More cash than debt $44m of cash against $905,000 of debt.
  • Debt below 40% of shareholders' equity Debt is 1% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 6% to 1% over five years.
  • A year's operating cash flow covers at least 20% of debt $4m of operating cash flow against $905,000 of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Everspin Technologies Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+2.3%
year over year
R&D spending
25.0%
of revenue
Days sales outstanding
63 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in semiconductors
Last 12 months unless stated MRAM VLN AIP NVTS CEVA NVEC Median
Revenue, last 12 months $62m $71m $85m $37m $116m $31m $1.1bn
Revenue growth, last 12 months 20.9% 22.1% 33.8% −46.4% 8.8% 24.1% 13.7%
Revenue growth, 3-year average 0.5% — 17.9% −12.2% 1.8% −5.3% 3.9%
Revenue growth, latest quarter 41.9% — 46.2% −27.3% 13.1% −8.1% 20.1%
Gross margin 52.3% 62.4% 87.6% 38.1% 87.5% 79.3% 48.3%
Operating margin −15.5% −48.2% −47.7% −316.9% −8.3% 61.6% 4.8%
Operating margin, 3-year average −10.0% — −53.7% −204.8% −9.9% 61.3% 4.8%
Net margin −4.2% −44.7% −46.7% −856.9% −9.5% 58.1% 5.3%
Cash from operations / revenue 6.8% −18.0% 10.1% −181.9% 3.3% 64.4% 17.4%
Free-cash-flow margin −8.6% −19.5% 8.0% −185.7% −0.9% 60.7% 9.6%
Free-cash-flow margin, 3-year average 5.1% — −2.0% −111.3% −1.9% 55.7% 8.5%
Stock pay / revenue 8.7% 23.4% 25.3% 74.3% 18.2% 0.2% 5.8%
Change in share count 2.3% −2.2% 10.6% 20.2% 10.8% 0.1% 0.9%

Median of all 75 companies we cover in semiconductors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

75 semiconductor companies
Measure Company Peer median Rank
Revenue growth Growth 20.9% 13.7% 29 of 75
Change in growth rate Growth +5.0pp +3.7pp 30 of 75
Gross margin Profitability 52.3% 48.3% 32 of 73
Operating margin Profitability -15.5% 4.8% 59 of 75
Net margin Profitability -4.2% 5.3% 48 of 75
Free-cash-flow margin Cash generation -8.6% 9.6% 59 of 75
Stock pay as % of revenue Cash generation 8.7% 6.4% 47 of 74
Long-term debt as % of assets Balance sheet 0.0% 14.0% 4 of 47
Change in share count Balance sheet 2.3% 0.9% 50 of 72
Days sales outstanding Balance sheet 63 days 58 days 38 of 62

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $48.3M 87.5% ▲ 14.4%
Licensing Royalty Patent Engineering Services and Other Revenues Customers $6.9M 12.5% ▼ 15.7%
Other $5M 72.8% ▲ 336.1%
Licenses $1.1M 16.0% ▼ 82.5%
Royalty $774,000 11.2% ▲ 10.6%
Geography
Region Revenue YoY
Asia Pacific $34.5M ▲ 20.4%
Singapore $13.2M ▲ 291.1%
All Other Country $12.2M ▲ 75.3%
North America $10.9M ▲ 1.7%
United States $9.9M ▼ 1.1%
EMEA $9.8M ▼ 11.1%
Hong Kong $6.7M ▼ 58.7%
Germany $6.2M ▼ 13.7%
Japan $6.1M ▲ 1.5%
Canada $1M ▲ 38.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Everspin Technologies Inc.'s 10-K filed March 4, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$308M
Institutions reporting
122
Shares held vs prior quarter
▲ 6.3%
Positions opened / closed
45 / 20

Top buyers and sellers, Q2 2026: 80 institutions bought and 50 sold ; the biggest buyer was Blackrock, Inc (+1.4M shares) and the biggest seller Awm Investment Company, Inc (−1.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $42M 1.7M 13.6% ▲ 393.8%
State Street Corp $28.9M 1.2M 9.4% ▲ 1283.0%
D. E. Shaw & Co., Inc. $20.7M 858K 6.7% ▲ 68.6%
Marshall Wace, LLP $20.2M 834K 6.5% ▼ 3.5%
Vanguard Capital Management LLC $19.9M 825K 6.5% ▲ 1.6%
Awm Investment Company, Inc. $18.1M 750K 5.9% ▼ 63.9%
Jane Street Group, LLC $15.1M 624K 4.9% ▲ 101.5%
Acadian Asset Management LLC $13.9M 574K 4.5% ▼ 41.9%
Two Sigma Investments, LP $13.1M 540K 4.2% ▲ 446.3%
Geode Capital Management, LLC $12.2M 504K 4.0% ▲ 121.9%
Dimensional Fund Advisors LP $8.8M 366K 2.9% ▼ 10.5%
Renaissance Technologies LLC $7.6M 316K 2.5% ▼ 5.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Everspin Technologies Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $20M 32 trades by 8 insiders · 0% under pre-set plans
Net ▼ $20M net selling
Insider Date Trade Shares Price Value
Dougherty Sean Michael Vice President, Sales October 2, 2026 Sell 7,691 $19.08 $146,744
Cooper William Earl Chief Financial Officer October 2, 2026 Sell 3,115 $19.08 $59,434
Aggarwal Sanjeev President and CEO October 2, 2026 Sell 19,572 $19.08 $373,434
Dougherty Sean Michael Vice President, Sales July 6, 2026 Sell 422 $19.65 $8,292
Cooper William Earl Chief Financial Officer July 6, 2026 Sell 1,821 $19.65 $35,783
Aggarwal Sanjeev President and CEO July 6, 2026 Sell 36,289 $19.65 $713,079
Cooper William Earl Chief Financial Officer July 1, 2026 Sell 1,549 $22.34 $34,605
Aggarwal Sanjeev President and CEO July 1, 2026 Sell 30,885 $22.34 $689,971
Dougherty Sean Michael Vice President, Sales July 1, 2026 Sell 358 $22.34 $7,998
Finch Lawrence G Director May 29, 2026 Sell 400 $27.03 $10,812
Finch Lawrence G Director May 29, 2026 Sell 267,730 $26.40 $7.1M
Cooper William Earl Chief Financial Officer May 20, 2026 Sell 10,000 $29.13 $291,300

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • August 5, 2026
  • April 29, 2026
  • March 4, 2026
  • November 5, 2025
  • August 6, 2025

Recent SEC filings

Data status

When each part of this page on Everspin Technologies Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Everspin Technologies Inc. in brief

What does Everspin Technologies Inc. do?
Everspin Technologies Inc. is a US-listed company in the semiconductors industry. Its financial year ends in December.
What is Everspin Technologies Inc.'s stock ticker?
Everspin Technologies Inc. trades under the ticker MRAM on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Everspin Technologies Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Everspin Technologies Inc. reported revenue of $62.5M, 20.9% higher than a year earlier, according to its SEC filings.
What is Everspin Technologies Inc.'s free cash flow?
Everspin Technologies Inc.'s free-cash-flow margin is -8.6% of revenue over the trailing twelve months, ranking 59 of the 75 semiconductor companies we cover.
Who are Everspin Technologies Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., State Street Corp and D. E. Shaw & Co., Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Everspin Technologies Inc.'s market cap?
On November 2, 2026, Everspin Technologies Inc.'s market capitalisation was about $303M and net debt of -$43M. Market figures come from third-party market data and may be delayed.
How much debt does Everspin Technologies Inc. have?
Everspin Technologies Inc.'s debt-to-equity ratio is 1.2%, from its latest balance sheet (5.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Everspin Technologies Inc.'s competitors?
In our Semiconductors peer group, the companies closest to Everspin Technologies Inc. are Valens Semiconductor Ltd., Arteris, Inc., Navitas Semiconductor Corp, Ceva Inc and NVE Corp. The side-by-side comparison below sets their revenue, margins and growth against Everspin Technologies Inc.'s.
Are insiders buying or selling Everspin Technologies Inc. stock?
Over the last 12 months, Everspin Technologies Inc.'s directors and officers reported 0 open-market purchases and 32 sales on Form 4. The insider trading page charts every trade.
When is Everspin Technologies Inc.'s next earnings date?
Around February 1, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Everspin Technologies Inc. announces its own schedule.