Everspin Technologies Inc. (MRAM) stock
MRAMNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 13, 2026Score 7/3024% above fair value
$12.25−0.67 (-5.19%)
Close on Nov 13, 2026Market cap $298.29MP/E –Yield 0.00%
Everspin Technologies r&d expenses
Research and development expenses are spending on new products and technology.
Everspin Technologies's R&D Expenses for the twelve months ending Sep 30, 2026 was $15.56M, up 11.6% year over year. For fiscal 2025 it was $14.09M, up 2.9% from the year before. Over ten years it grew -4.0% a year on average. The highest annual figure on record is $25.44M in fiscal 2017.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.09M | +2.9% |
| FY2024 | Dec 31, 2024 | $13.69M | +16.2% |
| FY2023 | Dec 31, 2023 | $11.78M | +6.0% |
| FY2022 | Dec 31, 2022 | $11.11M | -12.0% |
| FY2021 | Dec 31, 2021 | $12.63M | +15.9% |
| FY2020 | Dec 31, 2020 | $10.90M | -23.2% |
| FY2019 | Dec 31, 2019 | $14.18M | -40.0% |
| FY2018 | Dec 31, 2018 | $23.64M | -7.1% |
| FY2017 | Dec 31, 2017 | $25.44M | +32.3% |
| FY2016 | Dec 31, 2016 | $19.23M | -9.0% |
| FY2015 | Dec 31, 2015 | $21.13M | +66.8% |
| FY2014 | Dec 31, 2014 | $12.66M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $3.55M | -0.8% |
| Q2 FY2026 | Jun 30, 2026 | $4.84M | +35.1% |
| Q1 FY2026 | Mar 31, 2026 | $3.61M | +7.4% |
| Q4 FY2025 | Dec 31, 2025 | $3.57M | +4.1% |
| Q3 FY2025 | Sep 30, 2025 | $3.58M | +5.9% |
| Q2 FY2025 | Jun 30, 2025 | $3.58M | +3.6% |
| Q1 FY2025 | Mar 31, 2025 | $3.36M | -1.8% |
| Q4 FY2024 | Dec 31, 2024 | $3.43M | +6.8% |
| Q3 FY2024 | Sep 30, 2024 | $3.38M | +27.3% |
| Q2 FY2024 | Jun 30, 2024 | $3.46M | +27.7% |
| Q1 FY2024 | Mar 31, 2024 | $3.42M | +6.8% |
| Q4 FY2023 | Dec 31, 2023 | $3.21M | +3.7% |
| Q3 FY2023 | Sep 30, 2023 | $2.66M | -7.6% |
| Q2 FY2023 | Jun 30, 2023 | $2.71M | +0.3% |
| Q1 FY2023 | Mar 31, 2023 | $3.20M | +31.3% |
| Q4 FY2022 | Dec 31, 2022 | $3.09M | -17.0% |
| Q3 FY2022 | Sep 30, 2022 | $2.88M | +18.0% |
| Q2 FY2022 | Jun 30, 2022 | $2.70M | +7.4% |
| Q1 FY2022 | Mar 31, 2022 | $2.44M | -5.5% |
| Q4 FY2021 | Dec 31, 2021 | $3.73M | +34.4% |
| Q1 FY2021 | Mar 31, 2021 | $2.44M | -19.5% |
| Q4 FY2020 | Dec 31, 2020 | $2.51M | -23.2% |
| Q3 FY2020 | Sep 30, 2020 | $2.58M | -24.0% |
| Q2 FY2020 | Jun 30, 2020 | $2.77M | -21.2% |
| Q1 FY2020 | Mar 31, 2020 | $3.03M | -24.2% |
| Q4 FY2019 | Dec 31, 2019 | $3.27M | -16.8% |
| Q3 FY2019 | Sep 30, 2019 | $3.40M | -47.4% |
| Q2 FY2019 | Jun 30, 2019 | $3.52M | -48.0% |
| Q1 FY2019 | Mar 31, 2019 | $4.00M | -38.3% |
| Q4 FY2018 | Dec 31, 2018 | $3.93M | -36.6% |
| Q3 FY2018 | Sep 30, 2018 | $6.45M | +0.5% |
| Q2 FY2018 | Jun 30, 2018 | $6.77M | +5.4% |
| Q1 FY2018 | Mar 31, 2018 | $6.48M | +1.4% |
| Q4 FY2017 | Dec 31, 2017 | $6.20M | +26.8% |
| Q3 FY2017 | Sep 30, 2017 | $6.42M | +106.4% |
| Q2 FY2017 | Jun 30, 2017 | $6.43M | – |
| Q1 FY2017 | Mar 31, 2017 | $6.39M | – |
| Q4 FY2016 | Dec 31, 2016 | $4.89M | – |
| Q3 FY2016 | Sep 30, 2016 | $3.11M | – |
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