MRAM — Everspin Technologies, Inc.

Quarterly Earnings Performance

Calendar 2025

Quarter Period Report Date Revenue YoY Growth EPS Guidance (next qtr) Notes
Q1 2025 Jan–Mar 2025 2025-04-30 $13.1M ~+10% est. $0.02 (non-GAAP) Beat guidance; above-plan results
Q2 2025 Apr–Jun 2025 2025-07-30 $13.2M +25% $(0.03) (GAAP) Product rev +25% YoY; GAAP small loss
Q3 2025 Jul–Sep 2025 2025-10-30 $12.7M +22% $0.00 (GAAP) GAAP breakeven; slight sequential dip
Q4 2025 Oct–Dec 2025 2026-03-04 $14.8M ~+8% est. $0.11 (non-GAAP) Beat expectations; strong finish to year
FY 2025 Full Year $55.2M ~+19% small loss (GAAP) Product sales $48.3M (+14%); royalties ~$7M

Upcoming

Quarter Est. Report Date Est. Revenue Est. EPS Source
Q1 2026 ~2026-04-30 $13.5–15.0M (est.) ~$0.05 (est.) Based on Q4 trajectory; prior year Q1

Commentary

Everspin is the world's leading manufacturer of MRAM (Magnetoresistive RAM), a non-volatile memory technology used in industrial, enterprise storage, and data center applications. Revenue grew roughly 19% in 2025 driven by product sales gains in MRAM chips, though GAAP earnings remained pressured by operating expenses, resulting in a slight full-year GAAP net loss despite a non-GAAP profitable Q4. The company's long-term thesis rests on MRAM adoption expanding beyond niche enterprise use cases into broader AI and edge-computing applications where fast, non-volatile memory is critical. With revenue in the $13–15M quarterly range and modest growth, Everspin is a small-cap speculative position; the next earnings report (Q1 2026, ~April 30, 2026) likely showed continued steady performance.


Sources

  • Everspin Q1 2025 8-K — SEC
  • Everspin Q2 2025 8-K — SEC
  • Everspin Q3 2025 8-K — SEC
  • Everspin Q4 2025 8-K — SEC
  • Everspin Q4 2025 Earnings Beat Expectations — Investing.com
  • Everspin MRAM Q4 2025 Earnings Call Transcript — Motley Fool

  • Generated: 2026-05-23