Saturday 17 October 2026
Export MRAM’s income statement to Excel — free account
EVERSPIN TECH
MRAM Technology Semiconductors
EVERSPIN TECH’s revenue for fiscal 2025 (year ended December 2025) was $55.2 million, up 9.52% from fiscal 2024. In the quarter to June 2026, revenue grew 41.9%, EPS fell 400.0% and free cash flow fell 165.7%, each against the same quarter a year earlier.
12.96
1.11
−7.89%
Follow MRAM
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 319.50 | 19.86 | 17.93 | 49.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Piotroski F-Score |
3 | 4 | 7 | 6 | 8 | 4 | 3 | 5 | 3 | 4 |
Altman Z-Score |
6.87 | 4.18 | 7.66 | 2.51 | 8.03 | (2.15) | (2.23) | (0.88) | (2.90) | (1.38) |
P/S ratio |
3.79 | 2.74 | 2.84 | 1.81 | 3.98 | 2.06 | 2.43 | 1.86 | 2.62 | 1.33 |
P/FCF ratio |
162.86 | 34.15 | 15.44 | 15.68 | 26.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
2.81 | 2.55 | 2.94 | (1.44) | (5.03) | (12.48) | (11.43) | (7.04) | (12.81) | (3.56) |
Beneish M-Score |
(3.50) | (2.56) | (2.76) | (1.37) | (3.17) | (3.02) | 18.61 | (2.05) | (2.49) | (1.77) |
P/Operating CF |
79.81 | 36.08 | 88.81 | 20.69 | 34.14 | 140.71 | (34.23) | (11.78) | (21.53) | (3.23) |
P/B ratio |
3.04 | 2.21 | 3.36 | 2.80 | 8.05 | 4.96 | 4.93 | 3.69 | 8.64 | 1.35 |
Price to Tangible BV |
3.12 | 2.34 | 3.37 | 2.80 | 8.06 | 4.97 | 4.94 | 3.69 | 8.66 | 1.35 |
EV/Sales |
3.05 | 1.98 | 2.32 | 1.42 | 3.68 | 1.90 | 2.25 | 1.64 | 2.59 | 0.54 |
EV/EBITDA |
0.00 | 0.00 | 20.87 | 11.80 | 31.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
16.92 | 14.05 | 11.27 | 8.96 | 21.66 | (27.30) | (10.40) | (5.52) | (4.94) | (0.78) |
EV/FCF |
131.05 | 24.63 | 12.60 | 12.31 | 24.34 | (24.60) | (9.40) | (4.88) | (4.25) | (0.74) |
Quick Ratio |
3.91 | 5.43 | 5.53 | 3.44 | 2.87 | 2.17 | 2.57 | 2.27 | 1.37 | 3.17 |
Current Ratio |
4.84 | 6.48 | 6.59 | 4.11 | 3.56 | 2.75 | 3.63 | 2.99 | 2.22 | 3.80 |
Net Debt/EBITDA |
13.49 | 7.85 | (5.21) | (3.36) | (2.54) | 1.18 | 0.52 | 0.69 | 0.04 | 1.47 |
Debt/Assets |
0.00% | 0.00% | 0.00% | 4.69% | 12.44% | 24.56% | 22.11% | 27.72% | 38.70% | 19.54% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.07 | 0.18 | 0.46 | 0.42 | 0.50 | 1.12 | 0.30 |
Asset Turnover |
0.68 | 0.69 | 1.04 | 1.27 | 1.53 | 1.24 | 0.93 | 1.29 | 0.99 | 1.03 |
Operating CF/Net income |
(17.00) | 9.09 | 1.45 | 1.55 | 2.16 | 0.34 | 0.55 | 0.83 | 0.90 | 1.11 |
Capex/Depreciation |
(2.70) | (1.77) | (1.15) | (2.63) | (0.71) | (0.16) | (0.51) | (1.32) | (2.58) | (1.26) |
Interest Coverage |
— | — | 93.41 | 22.73 | 9.20 | (11.37) | (19.29) | (19.46) | (26.45) | (6.61) |
| (0.89%) | 1.34% | 19.55% | 18.60% | 19.45% | (47.42%) | (67.58%) | (99.17%) | (111.77%) | 76.71% | |
| (0.72%) | 1.08% | 14.76% | 12.94% | 12.08% | (25.07%) | (36.48%) | (46.43%) | (57.88%) | (63.73%) | |
ROIC |
(16.62%) | (21.62%) | 21.67% | 26.91% | 29.33% | (43.76%) | (76.20%) | (77.17%) | (125.06%) | (184.91%) |
Return on Tangible Assets |
(0.89%) | 1.36% | 17.14% | 16.23% | 15.85% | (42.76%) | (60.43%) | (56.62%) | (111.12%) | (53.83%) |
Average Days of Receivables |
53.56 | 84.89 | 66.14 | 64.90 | 54.23 | 66.06 | 56.44 | 55.56 | 41.04 | 42.71 |
Research and Development Expense of Revenue |
25.52% | 27.15% | 18.47% | 18.52% | 22.90% | 25.92% | 37.82% | 47.83% | 70.78% | 70.99% |
Selling, General and Administrative Expense of Revenue |
37.44% | 38.75% | 30.71% | 27.69% | 27.94% | 35.11% | 47.40% | 38.48% | 45.24% | 40.55% |
Intangible Assets out of Total Assets |
0.02 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
10.46% | 13.32% | 7.85% | 7.35% | 5.85% | 9.44% | 9.48% | 6.92% | 9.80% | 7.77% |
Graham Net Nets |
0.24 | 0.35 | 0.25 | 0.26 | 0.11 | 0.15 | 0.13 | 0.22 | 0.07 | 0.69 |
Graham Number |
0.00 | 1.14 | 5.07 | 3.60 | 2.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
(0.30%) | 0.31% | 5.03% | 5.58% | 2.04% | (10.00%) | (16.05%) | (18.18%) | (22.44%) | (64.43%) |
Free Cash Flow Yield |
0.61% | 2.93% | 6.48% | 6.38% | 3.80% | (3.75%) | (9.86%) | (18.06%) | (23.36%) | (54.15%) |
Revenue per Share |
2.45 | 2.33 | 3.07 | 2.98 | 2.84 | 2.24 | 2.17 | 3.02 | 2.88 | 5.72 |
Operating CF per Share |
0.44 | 0.33 | 0.63 | 0.47 | 0.48 | (0.16) | (0.47) | (0.90) | (1.51) | (3.91) |
Capex per Share |
(0.38) | (0.14) | (0.07) | (0.13) | (0.05) | (0.02) | (0.05) | (0.12) | (0.25) | (0.22) |
Free Cash Flow per Share |
0.06 | 0.19 | 0.57 | 0.34 | 0.43 | (0.17) | (0.52) | (1.01) | (1.76) | (4.13) |
Cash per Share |
1.97 | 1.95 | 1.78 | 1.33 | 1.10 | 0.78 | 0.84 | 1.43 | 1.04 | 6.27 |
Shareholders Equity per Share |
3.05 | 2.89 | 2.60 | 1.92 | 1.40 | 0.93 | 1.07 | 1.52 | 0.87 | 5.67 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.05 | 2.89 | 2.60 | 1.92 | 1.40 | 0.93 | 1.07 | 1.52 | 0.87 | 5.67 |
Free Cash Flow |
1.29 | 4.04 | 11.74 | 6.91 | 8.33 | (3.24) | (8.98) | (16.59) | (21.96) | (19.58) |
Working Capital |
51.71 | 54.29 | 49.10 | 33.87 | 26.43 | 17.96 | 20.79 | 27.07 | 15.04 | 29.12 |
Capital Expenditures |
(8.67) | (3.06) | (1.38) | (2.59) | (1.03) | (0.32) | (0.86) | (1.91) | (3.07) | (1.04) |
Net Current Asset Value |
49.47 | 49.01 | 44.50 | 28.08 | 24.62 | 13.08 | 11.81 | 20.56 | 6.87 | 24.90 |
EV/EBIT |
0.00 | 0.00 | 25.14 | 13.66 | 40.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.16 | 0.06 | 0.02 | 0.04 | 0.02 | 0.01 | 0.02 | 0.04 | 0.09 | 0.04 |
Price to Operating Income |
0.00 | 0.00 | 30.81 | 17.39 | 43.54 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.23 | 0.54 | 0.32 | 0.25 | 1.50 | 1.02 | 0.49 | 0.34 | 0.30 | 0.43 |
Cash ROIC |
1.13% | 3.86% | 12.92% | 10.15% | 15.55% | (8.11%) | (22.01%) | (27.29%) | (61.00%) | (30.26%) |
Accounts Receivable Turnover |
5.57 | 4.33 | 5.74 | 6.36 | 6.98 | 6.27 | 5.63 | 8.55 | 9.97 | 10.67 |
Accounts Payable Turnover |
7.23 | 9.35 | 9.32 | 11.44 | 11.04 | 9.39 | 6.96 | 8.67 | 6.54 | 9.31 |
Inventory Turnover |
2.72 | 2.77 | 3.52 | 3.98 | 3.64 | 3.53 | 2.26 | 2.54 | 1.94 | 2.68 |
Average Days of Payables |
70.13 | 34.25 | 40.13 | 38.94 | 29.37 | 33.91 | 54.70 | 39.97 | 73.75 | 44.23 |
Days of Inventory on Hand |
145.32 | 136.97 | 115.49 | 93.67 | 105.76 | 87.22 | 149.70 | 137.87 | 248.46 | 149.27 |
Average Receivables |
9.91 | 11.64 | 11.11 | 9.43 | 7.90 | 6.70 | 6.66 | 5.78 | 3.61 | 2.54 |
Average Payables |
3.73 | 2.60 | 2.85 | 2.28 | 2.00 | 2.55 | 2.76 | 2.78 | 2.21 | 1.33 |
Average Inventory |
9.92 | 8.75 | 7.54 | 6.54 | 6.06 | 6.79 | 8.48 | 9.47 | 7.45 | 4.62 |
Average Assets |
81.20 | 72.55 | 61.32 | 47.36 | 35.95 | 33.95 | 40.21 | 38.24 | 36.45 | 26.22 |
Average Common Equity |
65.76 | 58.26 | 46.29 | 32.95 | 22.33 | 17.95 | 21.71 | 17.90 | 18.88 | (21.78) |
Columns are period end dates