Everspin Technologies, Inc. (MRAM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	62.5M	55.2M	50.4M	63.8M	60.0M
Cost of Revenue	29.8M	27.0M	24.3M	26.5M	26.0M
Gross Profit	32.7M	28.2M	26.1M	37.2M	33.9M
Operating Expenses
R&D Expense	15.6M	14.1M	13.7M	11.8M	11.1M
SG&A Expense	26.8M	20.7M	19.5M	19.6M	16.6M
General & Admin Expense	20.0M	14.6M	14.1M	14.3M	11.7M
Selling & Marketing Expense	6.8M	6.1M	5.4M	5.3M	4.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	42.4M	34.8M	33.2M	31.4M	27.7M
Cost and Expenses	72.2M	61.7M	57.5M	57.9M	53.8M
Operating Income (EBIT)	(9.7M)	(6.5M)	(7.1M)	5.9M	6.2M
Non-Operating
Interest Income	1.4M	1.6M	1.8M	—	—
Interest Expense	—	—	—	63.0K	274.0K
Net Interest Income	1.4M	1.6M	1.8M	(63.0K)	(274.0K)
Other Non-Op Income/Expense	7.2M	6.1M	7.8M	3.2M	(84.0K)
Non-Operating Income (excl Interest)	(7.2M)	(6.1M)	(7.8M)	(3.2M)	(190.0K)
EBT (Pre-Tax Income)	(2.5M)	(457.0K)	741.0K	9.0M	6.1M
Income Tax Expense	128.0K	129.0K	(40.0K)	(16.0K)	14.0K
Bottom Line
Net Income	(2.6M)	(586.0K)	781.0K	9.1M	6.1M
Earnings from Cont. Ops	(2.6M)	(586.0K)	781.0K	9.1M	6.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(2.6M)	(586.0K)	781.0K	9.1M	6.1M
Per Share
Basic EPS	($0.11)	($0.03)	$0.04	$0.44	$0.30
Diluted EPS	($0.11)	($0.03)	$0.04	$0.42	$0.29
Revenue Per Share	$2.62	$2.45	$2.33	$3.07	$2.98
Shares
Basic Shares Outstanding	23.9M	22.6M	21.6M	20.7M	20.1M
Diluted Shares Outstanding	23.9M	22.6M	22.2M	21.4M	20.8M
Profitability Metrics
EBITDA	417.0K	2.8M	2.5M	10.3M	7.4M
D&A	2.9M	3.2M	1.7M	1.2M	982.0K
EBIT	(2.5M)	(457.0K)	741.0K	9.1M	6.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026