MRAMNasdaqSemiconductors & Related DevicesFiscal year ends December 31
EVERSPIN TECHNOLOGIES INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$13.42+0.40 (+3.07%)
Close on Oct 19, 2026
- Market cap
- $320.50M
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2013 to 2025
Gross margin
51.2%+8.1 pts over 5 years
Operating margin
-11.8%+6.2 pts over 5 years
Net margin
-1.1%+19.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.5% | -2.7% | +5.6% | +7.6% | |
| Gross profit | +8.1% | -5.9% | +9.3% | +7.3% | |
| Free cash flow | -22.9% | -22.5% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 76.7% | -47.4% | -0.9% | |
| Return on assets | -63.7% | -25.1% | -0.7% | |
| Current ratio | 3.80 | 2.75 | 4.84 | |
| Debt to equity | 0.30 | 0.46 | 0.03 | |
| Net debt to EBITDA | 1.47× | 1.18× | 12.94× | |
| Interest coverage | -6.6× | -11.4× | – | |
| Inventory turnover | 2.7× | 3.5× | 2.7× | |
| Capex to revenue | 3.8% | 0.8% | 12.4% | |
| Diluted shares | 5M | 19M | 23M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Everspin Technologies generated $49.04M from operations and spent $15.11M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$49.04M
Used
$15.11M
Capital expenditure$15.11M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.1%
×Asset turnover0.68×
×Equity multiplier1.23×
=Return on equity, FY2025-0.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.1% | 0.68× | 1.23× | -0.9% |
| FY2024 | 1.5% | 0.69× | 1.25× | 1.3% |
| FY2023 | 14.2% | 1.04× | 1.32× | 19.6% |
| FY2022 | 10.2% | 1.27× | 1.44× | 18.6% |
| FY2021 | 7.9% | 1.53× | 1.61× | 19.5% |
| FY2020 | -20.3% | 1.24× | 1.89× | -47.4% |
| FY2019 | -39.1% | 0.93× | 1.85× | -67.6% |
| FY2018 | -35.9% | 1.29× | 2.14× | -99.2% |
| FY2017 | -58.7% | 0.99× | 1.93× | -111.8% |
| FY2016 | -61.7% | 1.03× | -1.20× | 76.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$586.00K
- Cash generatingOperating cash flow above zero$9.96M
- Return on assets improvedROA up on the prior year1.2% → -0.8%
- Earnings backed by cashOperating cash flow above net income$9.96M vs -$586.00K
- Less leverageLong-term debt to assets fell2.3% → 0.0%
- Better liquidityCurrent ratio rose6.48 → 4.84
- No dilutionShare count did not rise22M → 23M
- Gross margin improvedGross margin up on the prior year51.84% → 51.16%
- More efficientAsset turnover rose0.75 → 0.71