Friday 6 November 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.

Revenue: +41.9%
EPS: −400.0%
Free cash flow: −165.7%

Quarter to June 2026, against a year earlier

11.70 0.97 +9.04%

Follow MRAM

Alert me

Market cap: $262.0M
P/E: 0.0×
Fwd P/E: −38.3×
Dividend yield: —
F-score: 3/9
Altman Z: 6.87
Beneish M: −3.50
Dividend safety: n/a

Overview

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	0.00	319.50	19.86	17.93	49.13	0.00	0.00	0.00	0.00	0.00
Piotroski F-Score Full definition →	3	4	7	6	8	4	3	5	3	4
Altman Z-Score Full definition →	6.87	4.18	7.66	2.51	8.03	(2.15)	(2.23)	(0.88)	(2.90)	(1.38)
P/S ratio Full definition →	3.79	2.74	2.84	1.81	3.98	2.06	2.43	1.86	2.62	1.33
P/FCF ratio Full definition →	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) Full definition →	2.81	2.55	2.94	(1.44)	(5.03)	(12.48)	(11.43)	(7.04)	(12.81)	(3.56)
Beneish M-Score Full definition →	(3.50)	(2.56)	(2.76)	(1.37)	(3.17)	(3.02)	18.61	(2.05)	(2.49)	(1.77)
P/Operating CF Full definition →	79.81	36.08	88.81	20.69	34.14	140.71	(34.23)	(11.78)	(21.53)	(3.23)
P/B ratio Full definition →	3.04	2.21	3.36	2.80	8.05	4.96	4.93	3.69	8.64	1.35
Price to Tangible BV Full definition →	3.12	2.34	3.37	2.80	8.06	4.97	4.94	3.69	8.66	1.35
EV/Sales Full definition →	3.05	1.98	2.32	1.42	3.68	1.90	2.25	1.64	2.59	0.54
EV/EBITDA Full definition →	0.00	0.00	20.87	11.80	31.23	0.00	0.00	0.00	0.00	0.00
EV/Operating CF Full definition →	16.92	14.05	11.27	8.96	21.66	(27.30)	(10.40)	(5.52)	(4.94)	(0.78)
EV/FCF Full definition →	131.05	24.63	12.60	12.31	24.34	(24.60)	(9.40)	(4.88)	(4.25)	(0.74)
Quick Ratio Full definition →	3.91	5.43	5.53	3.44	2.87	2.17	2.57	2.27	1.37	3.17
Current Ratio Full definition →	4.84	6.48	6.59	4.11	3.56	2.75	3.63	2.99	2.22	3.80
Net Debt/EBITDA Full definition →	13.49	7.85	(5.21)	(3.36)	(2.54)	1.18	0.52	0.69	0.04	1.47
Debt/Assets Full definition →	0.00%	0.00%	0.00%	4.69%	12.44%	24.56%	22.11%	27.72%	38.70%	19.54%
Debt/Equity Full definition →	0.00	0.00	0.00	0.07	0.18	0.46	0.42	0.50	1.12	0.30
Asset Turnover Full definition →	0.68	0.69	1.04	1.27	1.53	1.24	0.93	1.29	0.99	1.03
Operating CF/Net income Full definition →	(17.00)	9.09	1.45	1.55	2.16	0.34	0.55	0.83	0.90	1.11
Capex/Depreciation Full definition →	(2.70)	(1.77)	(1.15)	(2.63)	(0.71)	(0.16)	(0.51)	(1.32)	(2.58)	(1.26)
Interest Coverage Full definition →	—	—	93.41	22.73	9.20	(11.37)	(19.29)	(19.46)	(26.45)	(6.61)
ROE Full definition →	(0.89%)	1.34%	19.55%	18.60%	19.45%	(47.42%)	(67.58%)	(99.17%)	(111.77%)	76.71%
ROA Full definition →	(0.72%)	1.08%	14.76%	12.94%	12.08%	(25.07%)	(36.48%)	(46.43%)	(57.88%)	(63.73%)
ROIC Full definition →	(16.62%)	(21.62%)	21.67%	26.91%	29.33%	(43.76%)	(76.20%)	(77.17%)	(125.06%)	(184.91%)
Return on Tangible Assets Full definition →	(0.89%)	1.36%	17.14%	16.23%	15.85%	(42.76%)	(60.43%)	(56.62%)	(111.12%)	(53.83%)
Average Days of Receivables Full definition →	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 Full definition →	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 Full definition →	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 Full definition →	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 Full definition →	10.46%	13.32%	7.85%	7.35%	5.85%	9.44%	9.48%	6.92%	9.80%	7.77%
Graham Net Nets Full definition →	0.24	0.35	0.25	0.26	0.11	0.15	0.13	0.22	0.07	0.69
Graham Number Full definition →	0.00	1.14	5.07	3.60	2.70	0.00	0.00	0.00	0.00	0.00
Earnings Yield Full definition →	(0.30%)	0.31%	5.03%	5.58%	2.04%	(10.00%)	(16.05%)	(18.18%)	(22.44%)	(64.43%)
Free Cash Flow Yield Full definition →	0.61%	2.93%	6.48%	6.38%	3.80%	(3.75%)	(9.86%)	(18.06%)	(23.36%)	(54.15%)
Revenue per Share Full definition →	2.45	2.33	3.07	2.98	2.84	2.24	2.17	3.02	2.88	5.72
Operating CF per Share Full definition →	0.44	0.33	0.63	0.47	0.48	(0.16)	(0.47)	(0.90)	(1.51)	(3.91)
Capex per Share Full definition →	(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 Full definition →	0.06	0.19	0.57	0.34	0.43	(0.17)	(0.52)	(1.01)	(1.76)	(4.13)
Cash per Share Full definition →	1.97	1.95	1.78	1.33	1.10	0.78	0.84	1.43	1.04	6.27
Shareholders Equity per Share Full definition →	3.05	2.89	2.60	1.92	1.40	0.93	1.07	1.52	0.87	5.67
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	3.05	2.89	2.60	1.92	1.40	0.93	1.07	1.52	0.87	5.67
Free Cash Flow Full definition →	1.29	4.04	11.74	6.91	8.33	(3.24)	(8.98)	(16.59)	(21.96)	(19.58)
Working Capital Full definition →	51.71	54.29	49.10	33.87	26.43	17.96	20.79	27.07	15.04	29.12
Capital Expenditures Full definition →	(8.67)	(3.06)	(1.38)	(2.59)	(1.03)	(0.32)	(0.86)	(1.91)	(3.07)	(1.04)
Net Current Asset Value Full definition →	49.47	49.01	44.50	28.08	24.62	13.08	11.81	20.56	6.87	24.90
EV/EBIT Full definition →	0.00	0.00	25.14	13.66	40.26	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.16	0.06	0.02	0.04	0.02	0.01	0.02	0.04	0.09	0.04
Price to Operating Income Full definition →	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 Full definition →	0.23	0.54	0.32	0.25	1.50	1.02	0.49	0.34	0.30	0.43
Cash ROIC Full definition →	1.13%	3.86%	12.92%	10.15%	15.55%	(8.11%)	(22.01%)	(27.29%)	(61.00%)	(30.26%)
Accounts Receivable Turnover Full definition →	5.57	4.33	5.74	6.36	6.98	6.27	5.63	8.55	9.97	10.67
Accounts Payable Turnover Full definition →	7.23	9.35	9.32	11.44	11.04	9.39	6.96	8.67	6.54	9.31
Inventory Turnover Full definition →	2.72	2.77	3.52	3.98	3.64	3.53	2.26	2.54	1.94	2.68
Average Days of Payables Full definition →	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 Full definition →	145.32	136.97	115.49	93.67	105.76	87.22	149.70	137.87	248.46	149.27
Average Receivables Full definition →	9.91	11.64	11.11	9.43	7.90	6.70	6.66	5.78	3.61	2.54
Average Payables Full definition →	3.73	2.60	2.85	2.28	2.00	2.55	2.76	2.78	2.21	1.33
Average Inventory Full definition →	9.92	8.75	7.54	6.54	6.06	6.79	8.48	9.47	7.45	4.62
Average Assets Full definition →	81.20	72.55	61.32	47.36	35.95	33.95	40.21	38.24	36.45	26.22
Average Common Equity Full definition →	65.76	58.26	46.29	32.95	22.33	17.95	21.71	17.90	18.88	(21.78)

Show all line items

Columns are period end dates

Stockrow Weekly