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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%

About Everspin Technologies

Semiconductors & Related Devices, SIC 3674

Everspin Technologies designs, manufactures, and licenses Magnetoresistive Random Access Memory (MRAM) products and Tunnel Magneto Resistance (TMR) sensors. Its product portfolio features Toggle MRAM and Spin-transfer Torque MRAM, providing non-volatile data storage solutions. In addition to discrete components, the company delivers back-end wafer foundry services and licenses intellectual property. It serves customers across industrial, automotive, medical, aerospace, defense, and data center sectors. Products are distributed directly and through sales channels to original equipment manufacturers and design manufacturers.

Headquartered in Chandler, Arizona, the company operates a leased 200mm semiconductor fabrication cleanroom and runs a design facility in Austin, Texas. Advanced wafer production is conducted in partnership with GLOBALFOUNDRIES. It maintains sales and supply chain operations across the Americas, Europe, and Asia-Pacific, with a direct sales presence in the United States, Germany, Italy, Japan, Taiwan, and Hong Kong. Assembly and test operations are handled by third-party contractors located in Asian countries, including China and Taiwan.

Summary of the business section of Everspin Technologies's latest annual report, written by StockData.

Company profile

Company

Legal name
EVERSPIN TECHNOLOGIES INC.
Founded
2008
Headquarters
Chandler, AZ
Address
5670 W. Chandler Boulevard, Suite 130 85226
Phone
(480) 347-1111
Employees
85, Dec 31, 2025
Industry
Semiconductors & Related Devices
Incorporated in
X1
Fiscal year ends
December 31
Auditor
Ernst & Young LLP, Phoenix, Arizona

Stock & identifiers

Ticker
MRAM
Exchange
Nasdaq
IPO date
Oct 7, 2016
Shares outstanding
24M, Jul 30, 2026
Public float
$134.20M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
SEC CIK
1438423
CUSIP
30041T104
ISIN
US30041T1043
LEI
549300MNDRV7X6PEDF15
EIN
26-2640654

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Sanjeev AggarwalPresident and CEO, Director846,923
Sean Michael DoughertyVice President, Sales107,719
William Earl CooperChief Financial Officer157,741
David SchrenkVP SALES & BUS. DEVELOPMENT110,330
Matthew TenorioInterim CFO14,228
Vikas ChoudharyDirector15,693
Lawrence G. FinchDirector173,484
Douglas M. MitchellDirector32,100
Glen HawkDirector43,403
Geoffrey G. RibarDirector97,915
Darin G. BillerbeckDirector127,925
Tara LongDirector84,466

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Sanjeev Aggarwal
$2.59M$2.29M$930.69K$167–
FY2024
Sanjeev Aggarwal
$3.02M$2.12M$910.37K$115–
FY2023
Sanjeev Aggarwal
$2.12M$1.86M$1.15M$163–
FY2022
Darin Billerbeck
$865.62K$936.25K$1.79M$121–
FY2022
Sanjeev Aggarwal
$2.24M$1.03M$1.79M$121–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had 85 total employees in the United States, of which all were full-time employees.”

Corporate history

Events identified from SEC filings