Stocks · Technology · Semiconductors & Related Devices

EVERSPIN TECHNOLOGIES INC.

MRAM Clue Score36
United States Fiscal year ends December CIK 0001438423
$16.45 -0.60% Close, 9 Oct 2026
Price $16.45 +171.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue27.1Operating income−15.5Net income−16.7Fiscal year 2017Revenue35.9 +32.6%Operating income−20.2Net income−21.1Fiscal year 2018Revenue49.4 +37.5%Operating income−17.3Net income−17.8Fiscal year 2019Revenue37.5 −24.1%Operating income−14.4Net income−14.7Fiscal year 2020Revenue42.0 +12.1%Operating income−7.6Net income−8.5EPS, diluted−0.45Fiscal year 2021Revenue55.1 +31.2%Operating income5.0Net income4.3EPS, diluted0.22Fiscal year 2022Revenue60.0 +8.8%Operating income6.2Net income6.1 +41.1%EPS, diluted0.29 +31.8%Fiscal year 2023Revenue63.8 +6.3%Operating income5.9Net income9.1 +47.7%EPS, diluted0.42 +44.8%Fiscal year 2024Revenue50.4 −21.0%Operating income−7.1Net income0.8 −91.4%EPS, diluted0.04 −90.5%Fiscal year 2025Revenue55.2 +9.5%Operating income−6.5Net income−0.6 −175.0%EPS, diluted−0.03 −175.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 27.1 35.9 49.4 37.5 42.0 55.1 60.0 63.8 50.4 55.2
Growth +32.6% +37.5% −24.1% +12.1% +31.2% +8.8% +6.3% −21.0% +9.5%
Operating income −15.5 −20.2 −17.3 −14.4 −7.6 5.0 6.2 5.9 −7.1 −6.5
Net income −16.7 −21.1 −17.8 −14.7 −8.5 4.3 6.1 9.1 0.8 −0.6
Growth +41.1% +47.7% −91.4% −175.0%
EPS, diluted n/a n/a n/a n/a −0.45 0.22 0.29 0.42 0.04 −0.03
Growth +31.8% +44.8% −90.5% −175.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin54.3%Operating margin−57.3%Net margin−61.7%Free cash flow margin−72.3%Fiscal year 2017Gross margin59.8%Operating margin−56.2%Net margin−58.7%Free cash flow margin−61.1%Fiscal year 2018Gross margin51.3%Operating margin−35.1%Net margin−35.9%Free cash flow margin−33.6%Fiscal year 2019Gross margin48.9%Operating margin−38.4%Net margin−39.1%Free cash flow margin−23.9%Fiscal year 2020Gross margin43.0%Operating margin−18.0%Net margin−20.3%Free cash flow margin−7.7%Fiscal year 2021Gross margin60.0%Operating margin9.1%Net margin7.9%Free cash flow margin15.1%Fiscal year 2022Gross margin56.6%Operating margin10.4%Net margin10.2%Free cash flow margin11.2%Fiscal year 2023Gross margin58.4%Operating margin9.2%Net margin14.2%Free cash flow margin18.4%Fiscal year 2024Gross margin51.8%Operating margin−14.1%Net margin1.5%Free cash flow margin8.0%Fiscal year 2025Gross margin51.2%Operating margin−11.8%Net margin−1.1%Free cash flow margin5.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 54.3% 59.8% 51.3% 48.9% 43.0% 60.0% 56.6% 58.4% 51.8% 51.2%
Operating margin −57.3% −56.2% −35.1% −38.4% −18.0% 9.1% 10.4% 9.2% −14.1% −11.8%
Net margin −61.7% −58.7% −35.9% −39.1% −20.3% 7.9% 10.2% 14.2% 1.5% −1.1%
Free cash flow margin −72.3% −61.1% −33.6% −23.9% −7.7% 15.1% 11.2% 18.4% 8.0% 5.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−18.5Capital expenditure−1.0Free cash flow−19.6Fiscal year 2017Operating cash flow−18.9Capital expenditure−3.1Free cash flow−22.0Fiscal year 2018Operating cash flow−14.7Capital expenditure−1.9Free cash flow−16.6Fiscal year 2019Operating cash flow−8.1Capital expenditure−0.9Free cash flow−9.0Fiscal year 2020Operating cash flow−2.9Capital expenditure−0.3Free cash flow−3.2Fiscal year 2021Operating cash flow9.4Capital expenditure−1.0Free cash flow8.3Fiscal year 2022Operating cash flow9.5Capital expenditure−2.8Free cash flow6.7 −19.5%Fiscal year 2023Operating cash flow13.1Capital expenditure−1.4Free cash flow11.7 +74.9%Fiscal year 2024Operating cash flow7.1Capital expenditure−3.0Free cash flow4.1 −65.5%Fiscal year 2025Operating cash flow10.0Capital expenditure−6.8Free cash flow3.1 −22.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −18.5 −18.9 −14.7 −8.1 −2.9 9.4 9.5 13.1 7.1 10.0
Capital expenditure −1.0 −3.1 −1.9 −0.9 −0.3 −1.0 −2.8 −1.4 −3.0 −6.8
Free cash flow −19.6 −22.0 −16.6 −9.0 −3.2 8.3 6.7 11.7 4.1 3.1
Growth −19.5% +74.9% −65.5% −22.9%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash29.7Total debt8.1Net cash (debt)21.6Shareholders’ equity26.9Debt to equity0.30Fiscal year 2017Cash13.0Total debt12.2Net cash (debt)0.8Shareholders’ equity10.9Debt to equity1.12Fiscal year 2018Cash23.4Total debt12.5Net cash (debt)10.9Shareholders’ equity24.9Debt to equity0.50Fiscal year 2019Cash14.5Total debt7.8Net cash (debt)6.7Shareholders’ equity18.5Debt to equity0.42Fiscal year 2020Cash14.6Total debt8.0Net cash (debt)6.6Shareholders’ equity17.4Debt to equity0.46Fiscal year 2021Cash21.4Total debt4.9Net cash (debt)16.5Shareholders’ equity27.2Debt to equity0.18Fiscal year 2022Cash26.8Total debt2.6Net cash (debt)24.2Shareholders’ equity38.7Debt to equity0.07Fiscal year 2023Cash36.9Shareholders’ equity53.9Fiscal year 2024Cash42.1Total debt3.6Net cash (debt)38.5Shareholders’ equity62.6Debt to equity0.06Fiscal year 2025Cash44.5Total debt1.8Net cash (debt)42.7Shareholders’ equity68.9Debt to equity0.03
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 29.7 13.0 23.4 14.5 14.6 21.4 26.8 36.9 42.1 44.5
Total debt 8.1 12.2 12.5 7.8 8.0 4.9 2.6 n/a 3.6 1.8
Net cash (debt) 21.6 0.8 10.9 6.7 6.6 16.5 24.2 n/a 38.5 42.7
Shareholders’ equity 26.9 10.9 24.9 18.5 17.4 27.2 38.7 53.9 62.6 68.9
Debt to equity 0.30 1.12 0.50 0.42 0.46 0.18 0.07 n/a 0.06 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
−18.5 −18.9 −14.7 −8.1 −2.9 9.4 9.5 13.1 7.1 10.0
Growth +1.4% +38.3% −45.9% +40.3%
Investment
−1.0 −3.1 −1.9 −0.9 −0.3 −1.0 −2.8 −1.4 −3.0 −6.8
calc −19.6 −22.0 −16.6 −9.0 −3.2 8.3 6.7 11.7 4.1 3.1
Growth −19.5% +74.9% −65.5% −22.9%
calc n/a n/a n/a n/a −0.17 0.42 0.32 0.55 0.18 0.14
−1.0 −3.1 −1.9 −0.9 −0.3 −1.0 −2.6 −1.4 −3.1 −8.7
Financing
47.0 5.2 27.0 0.1 3.4 −1.5 −1.5 −1.6 1.1 1.1

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.