Company profile · Semiconductors
Everspin Technologies (MRAM)
Nasdaq: MRAM · Chandler, AZ · Data from SEC filings, updated Oct 6, 2026
Overview
Everspin Technologies trades on Nasdaq under the ticker MRAM and is classified by RoxMag in the Semiconductors segment (SEC industry code 3674, Semiconductors & Related Devices). Its principal executive offices are in Chandler, AZ. The company was founded in 2008. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $55.2 million and a net loss of $586,000. By public float it ranks #57 of the 68 semiconductors companies profiled on RoxMag.
Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performing backend foundry services for eMRAM.
Financial history
Annual figures as reported in Everspin Technologies's 10-K filings (US dollars).
- Revenue growth
- 9.5%
- vs prior year, FY2025
- Net margin
- -1.1%
- net income ÷ revenue, FY2025
- Operating margin
- -11.8%
- operating income ÷ revenue, FY2025
- R&D share of revenue
- 25.5%
- R&D ÷ revenue, FY2025
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $55.2M | $50.4M | $63.8M | $60.0M | $55.1M |
| Gross profit | $28.2M | $26.1M | $37.2M | $33.9M | $33.1M |
| Operating income | -$6.5M | -$7.1M | $5.9M | $6.2M | $5.0M |
| Net income | -$586,000 | $781,000 | $9.1M | $6.1M | $4.3M |
| Research & development | $14.1M | $13.7M | $11.8M | $11.1M | $12.6M |
| Total assets | $84.6M | $77.8M | $67.3M | $55.3M | $39.4M |
| Stockholders' equity | $68.9M | $62.6M | $53.9M | $38.7M | $27.2M |
| Cash & equivalents | $44.5M | $42.1M | $36.9M | $26.8M | $21.4M |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.