Everspin Technologies Inc. (MRAM)
Nasdaq · Semiconductors & Related Devices · Manufacturing · CIK 1438423 · fiscal year ends in Dec
Closing price $13.59 on 30 Oct 2026; 52-week range $7.50 to $44.01.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $62.5M
- Revenue growth
- 20.9%
- Net income, last twelve months
- -$2.6M
- Earnings per share
- -$0.11
- Gross margin
- 52.3%
- Operating margin
- -15.5%
- Net margin
- -4.2%
- Free cash flow
- -$5.4M
- Return on equity
- -3.6%
- Market value
- $329.8M
- Dividend yield
- 0.0%
- Cash
- $43.9M
- Debt
- $905.0K
- Debt to equity
- 0.01
- Shares outstanding
- 24.3M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $55.2M | -$6.5M | -$586.0K | -$0.03 | $3.1M | 10-K filed 4 Mar 2026 |
| FY2024 | 31 Dec 2024 | $50.4M | -$7.1M | $781.0K | $0.04 | $4.0M | 10-K filed 27 Feb 2025 |
| FY2023 | 31 Dec 2023 | $63.8M | $5.9M | $9.1M | $0.42 | $11.7M | 10-K filed 29 Feb 2024 |
| FY2022 | 31 Dec 2022 | $60.0M | $6.2M | $6.1M | $0.29 | $6.7M | 10-K filed 2 Mar 2023 |
| FY2021 | 31 Dec 2021 | $55.1M | $5.0M | $4.3M | $0.22 | $8.3M | 10-K filed 9 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $18.7M | -$3.6M | -$0.15 |
| Q1 FY2026 | 31 Mar 2026 | $14.9M | -$296.0K | -$0.01 |
| Q4 FY2025 | 31 Dec 2025 | $14.8M | $1.2M | $0.05 |
| Q3 FY2025 | 30 Sep 2025 | $14.1M | $54.0K | $0.00 |
| Q2 FY2025 | 30 Jun 2025 | $13.2M | -$670.0K | -$0.03 |
| Q1 FY2025 | 31 Mar 2025 | $13.1M | -$1.2M | -$0.05 |
| Q4 FY2024 | 31 Dec 2024 | $13.2M | $1.2M | $0.07 |
| Q3 FY2024 | 30 Sep 2024 | $12.1M | $2.3M | $0.10 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Product sales | $48.3M | 87.5% |
| Engineering services and other revenue | $5.0M | 9.1% |
| Licensing | $1.1M | 2.0% |
| Royalties | $774.0K | 1.4% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Singapore | $13.2M | 23.8% |
| All other | $12.2M | 22.1% |
| United States | $9.9M | 17.9% |
| Hong Kong | $6.7M | 12.1% |
| Germany | $6.2M | 11.2% |
| Japan | $6.1M | 11.0% |
| Canada | $1.0M | 1.9% |
Company events
The newest 8-K filings of 94 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 28 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 12 Aug 2026 | 8-K | Leadership change | 5.02 |
| 5 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Jul 2026 | 8-K | Leadership change | 5.02 |
| 22 May 2026 | 8-K | Leadership change, Shareholder vote, Other events | 5.02, 5.07, 8.01, 9.01 |
| 29 Apr 2026 | 8-K | Material agreement | 1.01 |
| 29 Apr 2026 | 8-K | Results | 2.02 |
| 10 Apr 2026 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 4 Mar 2026 | 8-K | Results | 2.02 |
| 2 Feb 2026 | 8-K | Other events | 8.01 |
| 5 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 6 Aug 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 228 held.
| Filed | Form | Period |
|---|---|---|
| 28 Oct 2026 | 8-K | 28 Oct 2026 |
| 12 Aug 2026 | 8-K | 9 Aug 2026 |
| 6 Aug 2026 | S-8 | – |
| 5 Aug 2026 | 10-Q | 30 Jun 2026 |
| 5 Aug 2026 | 8-K | 5 Aug 2026 |
| 17 Jul 2026 | 8-K | 14 Jul 2026 |
| 22 May 2026 | 8-K | 21 May 2026 |
| 13 May 2026 | SD | – |
| 29 Apr 2026 | 10-Q | 31 Mar 2026 |
| 29 Apr 2026 | 8-K | 24 Apr 2026 |
| 29 Apr 2026 | 8-K | 29 Apr 2026 |
| 10 Apr 2026 | 8-K | 8 Apr 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 2 Oct 2026 | Aggarwal Sanjeev, President and CEO | Sale outside a trading plan | 19,572 | $19.08 | $373.4K | 813,627 | 5 Oct 2026 |
| 2 Oct 2026 | Cooper William Earl, Chief Financial Officer | Sale outside a trading plan | 3,115 | $19.08 | $59.4K | 154,626 | 5 Oct 2026 |
| 2 Oct 2026 | Dougherty Sean Michael, Vice President, Sales | Sale outside a trading plan | 7,691 | $19.08 | $146.7K | 100,028 | 5 Oct 2026 |
| 1 Jul 2026 | Dougherty Sean Michael, Vice President, Sales | Sale outside a trading plan | 358 | $22.34 | $8.0K | 99,173 | 6 Jul 2026 |
| 1 Jul 2026 | Aggarwal Sanjeev, President and CEO | Sale outside a trading plan | 30,885 | $22.34 | $690.0K | 839,561 | 6 Jul 2026 |
| 1 Jul 2026 | Cooper William Earl, Chief Financial Officer | Sale outside a trading plan | 1,549 | $22.34 | $34.6K | 149,481 | 6 Jul 2026 |
| 29 May 2026 | Finch Lawrence G, Director | Sale outside a trading plan | 267,730 | $26.40 | $7.1M | 172,795 | 2 Jun 2026 |
| 29 May 2026 | Finch Lawrence G, Director | Sale outside a trading plan | 400 | $27.03 | $10.8K | 172,395 | 2 Jun 2026 |
| 11 May 2026 | Finch Lawrence G, Director | Sale outside a trading plan | 41,961 | $34.29 | $1.4M | 0 | 2 Jun 2026 |
| 20 May 2026 | Ribar Geoffrey G, Director | Sale outside a trading plan | 27,488 | $28.87 | $793.6K | 94,063 | 21 May 2026 |
| 20 May 2026 | Cooper William Earl, Chief Financial Officer | Sale outside a trading plan | 10,000 | $29.13 | $291.3K | 151,030 | 21 May 2026 |
| 18 May 2026 | Aggarwal Sanjeev, President and CEO | Sale outside a trading plan | 83,048 | $32.48 | $2.7M | 838,566 | 19 May 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 29 May 2026 | LAWRENCE G FINCH, Director | 268,130 | $7.1M | 29 May 2026 |
| 20 May 2026 | WILLIAM COOPER, Officer | 10,000 | $291.3K | 20 May 2026 |
| 20 May 2026 | GEOFFREY RIBAR, Director | 27,488 | $793.5K | 20 May 2026 |
| 18 May 2026 | SANJEEV AGGARWAL, Officer, Director | 102,192 | $3.3M | 18 May 2026 |
| 15 May 2026 | SANJEEV AGGARWAL, Officer, Director | 8,784 | $351.4K | 15 May 2026 |
| 15 May 2026 | GLEN HAWK, Director | 48,563 | $1.8M | 15 May 2026 |
| 11 May 2026 | DARIN G BILLERBECK, Director | 30,000 | $1.1M | 11 May 2026 |
| 6 May 2026 | WILLIAM COOPER, Officer | 11,000 | $239.3K | 6 May 2026 |
| 4 May 2026 | SANJEEV AGGARWAL, Officer, Director | 28,459 | $557.4K | 4 May 2026 |
| 25 Nov 2025 | TARA LONG, Director | 7,500 | $57.8K | 25 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | AWM Investment Company, Inc. | 13G amended | 3.1% | 750.0K |
| 13 Aug 2026 | Barclays PLC | 13G amended | 1.89% | 444.6K |
| 7 Aug 2026 | STATE STREET CORPORATION | 13G | 5.1% | 1.2M |
| 28 Jul 2026 | BlackRock, Inc. | 13G | 6.6% | 1.6M |
| 27 Jul 2026 | Sigma Partners 8, L.P. | 13G amended | 0% | 0 |
| 15 May 2026 | Lynrock Lake LP | 13G amended | 4.2% | 969.6K |
| 12 May 2026 | Barclays PLC | 13G amended | 5.02% | 1.2M |
| 4 May 2026 | AWM Investment Company, Inc. | 13G amended | 8.9% | 2.1M |
| 12 Nov 2025 | Barclays PLC | 13G amended | 6.82% | 1.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 3.1M | -5.94% | 4.28 |
| 30 Sep 2026 | 3.3M | -9.21% | 3.52 |
| 15 Sep 2026 | 3.7M | -5.9% | 4.81 |
| 31 Aug 2026 | 3.9M | +10.15% | 3.21 |
| 14 Aug 2026 | 3.6M | +1.61% | 2.44 |
| 31 Jul 2026 | 3.5M | -4.82% | 3.08 |
| 15 Jul 2026 | 3.7M | +42.25% | 3.09 |
| 30 Jun 2026 | 2.6M | +15.2% | 1.14 |
Funds that hold it
From each fund's latest Form 13F.
144 funds held it at 30 Jun 2026: 83 added and 30 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 1,735,955 | $42.0M | +1,384,402 |
| State Street Corp. | 1,194,781 | $28.9M | +1,108,393 |
| D. E. Shaw & Co., Inc. | 857,866 | $20.7M | +349,035 |
| Marshall Wace, LLP | 833,578 | $20.2M | -30,384 |
| Vanguard Capital Management LLC | 824,579 | $19.9M | +12,942 |
| AWM Investment Company, Inc. | 750,000 | $18.1M | -1,327,241 |
| Jane Street Group, LLC | 623,845 | $15.1M | +314,257 |
| Acadian Asset Management LLC | 573,526 | $13.9M | -412,866 |
| Two Sigma Investments, LP | 540,138 | $13.1M | +441,271 |
| Geode Capital Management, LLC | 504,236 | $12.2M | +277,025 |
Peers
Companies in the same industry.
- NVIDIA Corp. (NVDA): revenue $303.0B, market value $4.93T
- Taiwan Semiconductor Manufacturing Company Limited (TSM): revenue $122.4B, market value $2.11T
- Broadcom Inc. (AVGO): revenue $89.1B, market value $1.56T
- Micron Technology Inc. (MU): revenue $133.2B, market value $1.00T
- Advanced Micro Devices Inc. (AMD): revenue $41.3B, market value $824.1B
- Intel Corp. (INTC): revenue $59.9B, market value $349.3B
- Applied Materials Inc. (AMAT): revenue $30.8B, market value $309.6B
- Texas Instruments Inc. (TXN): revenue $20.8B, market value $275.0B
- Arm Holdings plc (ARM): revenue $4.9B, market value $219.1B
- Analog Devices Inc. (ADI): revenue $13.9B, market value $202.1B