Everspin Technologies
Supplies non-volatile magnetic-memory products and embedded-MRAM technology services.
Something off on this page? Send us feedback.
Profile
Sells Toggle MRAM and STT-MRAM products for industrial, automotive, aerospace and defense, data-center, medical, AI, smart-energy, and gaming uses. It also earns licensing, royalty, patent, engineering-service, and foundry-service revenue from embedded-MRAM technology.
Develops and sells Toggle MRAM, STT-MRAM, and embedded-MRAM technologies. The PERSYST family spans serial and parallel interfaces for industrial, automotive, aerospace and defense, data-center, medical, AI, smart-energy, and gaming applications.
Product shipments are paired with embedded-MRAM licensing, royalty, patent, engineering-service, and foundry-service work. Headquarters are in Chandler, Arizona, with a principal design center in Austin, Texas and sales operations across the Americas, Europe, and Asia-Pacific.
Manufacturing and advanced MTJ/STT-MRAM development rely on joint-development and Singapore manufacturing agreements with GLOBALFOUNDRIES. Agreement alignment, technology transfer, production ramp, yields, and defects shape newer STT-MRAM products.
Company facts
Categories
Key statistics
Year to date +64.4% · Average volume (30d) 1.3M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 6, 2026 | Needham | Reiterate | Buy | $9 | $19 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | −$0.03 | −$0.15 | −462.4% | $17.3M | $18.7M | +8.3% | −3.04% |
| Apr 29, 2026Q1 FY26 | $0.01 | $0.11 | +2,100.0% | $14.6M | $14.9M | +1.9% | +38.59% |
| Mar 4, 2026Q4 FY25 | $0.12 | $0.05 | −54.6% | $14.5M | $14.8M | +2.4% | −15.48% |
| Nov 5, 2025Q3 FY25 | $0.12 | $0.06 | −47.8% | $14.5M | $14.1M | −2.7% | −17.19% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $13.1M | $13.2M | $14.1M | $14.8M | $14.9M | $18.7M | |
| Gross profit | $6.8M | $6.8M | $7.2M | $7.5M | $7.8M | $10.1M | |
| Operating income | −$1.9M | −$2.0M | −$1.5M | −$1.1M | −$2.7M | −$4.4M | |
| Net income | −$1.1M | −$670.0K | $54.0K | $1.2M | −$296.0K | −$3.6M | |
| Diluted EPS | −$0.05 | −$0.03 | $0.00 | $0.05 | −$0.01 | −$0.15 | |
| Gross margin | 51.4% | 51.3% | 51.3% | 50.8% | 52.7% | 53.9% | |
| Operating margin | -14.7% | -14.9% | -11.0% | -7.2% | -18.3% | -23.4% |
Fiscal years (4-quarter sums)FY21 $55.1M · FY22 $60.0M · FY23 $63.8M · FY24 $50.4M · FY25 $55.2M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $43.9M · Total debt $2.8M · Total assets $89.4M · Shareholders' equity $73.1M
Dividends
No dividends on record.
Ownership
Shares outstanding 23.45M · Float 18.73M · 79.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.55M | 6.60% | 13G | Jul 28, 2026 |
| State Street Corporation | 1.19M | 5.10% | 13G | Aug 7, 2026 |
| Barclays PLC | 1.16M | 5.02% | 13G | May 12, 2026 |
| D. E. Shaw & Co., Inc. | 857.9K | 3.66% | 13F | Aug 14, 2026 |
| Marshall Wace, LLP | 833.6K | 3.56% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 2, 2026 | William Earl Cooper | officer: Chief Financial Officer | −1,627 | $8.80 |
| Apr 2, 2026 | Sanjeev Aggarwal | director, officer: President and CEO | −20,398 | $8.80 |
| Jul 6, 2026 | Sean Michael Dougherty | officer: Vice President, Sales | −422 | $19.65 |
| Jul 6, 2026 | William Earl Cooper | officer: Chief Financial Officer | −1,821 | $19.65 |
| Jul 6, 2026 | Sanjeev Aggarwal | director, officer: President and CEO | −36,289 | $19.65 |
Peers
- Micron Technology
DRAM and NOR memory scale into persistent-memory use cases
- Microchip Technology
NVSRAM, EERAM, and Flash overlap in reliable embedded memory
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Everspin Technologies | $16.59 | +0.29% | $388.1M | — | 67.5 | 6.2 | +41.9% |
| Micron Technology | $931.00 | −0.20% | $1.05T | 21.1 | 6.5 | 11.7 | +345.7% |
| Microchip Technology | $73.03 | +0.14% | $39.60B | 101.2 | 18.7 | 7.7 | +38.1% |
| Median | 61.1 | 12.6 | 9.7 | +191.9% |