In Q1 FY2026 (ended March 31, 2026), Everspin Technologies reported revenue of $14.9 million, up 13.2% year-over-year. Net income improved to a loss of $0.3 million from a loss of $1.2 million in the prior year, while operating income was a loss of $2.7 million. The company had cash of $40.5 million and equity of $70.2 million, with minimal long-term debt of $16,000.
•Revenue increased 13.2% YoY to $14.9 million.
•Net loss narrowed 74.6% to $0.3 million.
•Operating loss widened 40.6% to $2.7 million.
•Cash and equity stood at $40.5 million and $70.2 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Everspin Technologies manufactures and sells magnetoresistive random access memory (MRAM) technologies globally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products
Foundry services for MRAM products and magnetic tunnel junction (MTJ)-based sensors. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets.
The company serves OEMs, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Incorporated in 2008, Everspin Technologies is headquartered in Chandler, Arizona.
Everspin Technologies, Inc. designs, manufactures, and sells magnetoresistive random access memory (MRAM) technologies globally. Its product portfolio includes Toggle MRAM, spin-transfer torque MRAM (STT-MRAM), and tunnel magneto resistance (TMR) sensor products. The company also provides foundry services for MRAM products and magnetic tunnel junction (MTJ)-based sensors. These memory solutions are used in a variety of applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. Everspin serves original equipment manufacturers (OEMs), contract manufacturers, and original design manufacturers through a direct sales channel as well as a network of representatives and distributors.
On which stock exchange is Everspin Technologies (MRAM) listed and in what currency?
Everspin Technologies is listed on the NasdaqGM exchange under the ticker symbol MRAM. Its shares are traded in US dollars (USD). The company is headquartered in Chandler, Arizona, United States, and its stock is part of the US equity market.
What sector and industry does Everspin Technologies (MRAM) belong to?
Everspin Technologies operates in the Technology sector and is classified under the Semiconductors industry. The company specializes in developing advanced memory technologies, specifically MRAM, which is a type of non-volatile memory that retains data when power is turned off. Its focus on semiconductor memory solutions positions it within the broader semiconductor industry, which includes companies that design and manufacture integrated circuits and related components.
Where is Everspin Technologies (MRAM) headquartered and what markets does it serve?
Everspin Technologies is headquartered in Chandler, Arizona, United States. The company was incorporated in 2008. It serves a global customer base across multiple markets, including industrial, medical, automotive/transportation, aerospace, and data center sectors. Its products are used by OEMs, contract manufacturers, and original design manufacturers worldwide. The company sells its products through a direct sales channel and a network of representatives and distributors, enabling it to reach customers in various regions.
How does Everspin Technologies (MRAM) generate revenue?
Everspin Technologies generates revenue by manufacturing and selling MRAM technologies and related products. Its main product lines include Toggle MRAM, spin-transfer torque MRAM (STT-MRAM), and tunnel magneto resistance (TMR) sensor products. Additionally, the company offers foundry services for MRAM products and MTJ-based sensors. Revenue is derived from sales to OEMs, contract manufacturers, and original design manufacturers across industrial, medical, automotive/transportation, aerospace, and data center markets. The company utilizes a direct sales force and a network of representatives and distributors to reach its customers.