Welcome to our dedicated page for Everspin Technol news (Ticker: MRAM), a resource for investors and traders seeking the latest updates and insights on Everspin Technol stock.
Everspin Technologies, Inc. reports developments in Magnetoresistive Random Access Memory, or MRAM, persistent memory products for industrial, data center, automotive, aerospace, transportation and other mission-critical applications. Company news commonly covers Toggle MRAM and STT-MRAM product revenue, customer demand, design activity, and financial results tied to product sales, licensing, royalty, patent and other revenue.
Updates also include manufacturing capacity, on-shore supply chain initiatives, engineering services for defense-related MRAM applications, and product portfolio activity such as PERSYST xSPI STT-MRAM and UNISYST unified code-and-data MRAM. Everspin’s announcements connect its MRAM technology to non-volatile memory use cases where data persistence, endurance and reliability are central product requirements.
Tradr ETFs announced plans to launch three Cboe-listed single-stock leveraged ETFs on August 11, each seeking to deliver 2x (200%) the daily performance of its underlying stock: Tradr 2X Long MRAM Daily ETF (MRAX) tracking Everspin Technologies (MRAM), Tradr 2X Long SITM Daily ETF (SITX) tracking SiTime (SITM), and Tradr 2X Long UMC Daily ETF (UMCU) tracking United Microelectronics (UMC).
According to Tradr ETFs, these products are intended for sophisticated investors and short-term trading, involve significant leverage-related risks, can experience amplified volatility, and may suffer total capital loss if the underlying stock moves more than 50% adversely in a single day.
Everspin Technologies (NASDAQ: MRAM) reported preliminary unaudited Q2 2026 results with record quarterly revenue of $18.7 million, up from $13.2 million a year earlier, driven by MRAM product sales of $15.3 million and $3.4 million of licensing, royalty, engineering services and other revenue, including initial contributions from a recently signed $40 million contract with a U.S. prime contractor.
GAAP gross margin rose to 53.9%. GAAP operating expenses increased to $14.5 million, leading to a GAAP net loss of $3.6 million (‑$0.15 per share), while non-GAAP net income was $2.9 million ($0.11 per diluted share). Cash and equivalents were $43.9 million at June 30, 2026. For Q3 2026, Everspin expects revenue of $19.5–$20.5 million, GAAP net loss per share of ($0.10)–($0.05), and non-GAAP EPS of $0.10–$0.15.
Everspin Technologies (NASDAQ: MRAM) and MaxLinear (NASDAQ: MXL) signed a memorandum of understanding to evaluate next-generation memory architectures for AI servers. The collaboration will combine Everspin’s persistent, low-latency MRAM with MaxLinear’s storage compression, encryption and hardware acceleration platform to address growing AI model and inference workloads.
The work will target metadata management, log data, write buffering and cache functions to enhance responsiveness, reliability and data persistence in server architectures. According to the companies, the MOU also covers technical validation, joint market development for hyperscale and enterprise customers, and exploration of long-term manufacturing, supply and commercialization opportunities.
Everspin Technologies (NASDAQ: MRAM) announced that Astro Digital selected Everspin’s PERSYST 64Mb STT‑MRAM device (EM064LXAQDG13IS1T) for an upcoming Raven bus geosynchronous Earth orbit (GEO) satellite mission. The memory will serve as the primary fail‑safe boot memory on the spacecraft, storing essential code for startup and recovery.
According to Everspin, PERSYST MRAM offers non‑volatility, radiation tolerance, high endurance, and fast read/write performance suited for long‑duration GEO missions. The broader PERSYST portfolio includes 64Mb, 128Mb and 256Mb capacities, Quad SPI interfaces, and faster write speeds than NOR flash for mission‑critical embedded systems.
Everspin Technologies (NASDAQ: MRAM)/b) announced that President and CEO Sanjeev Aggarwal and CFO Bill Cooper will present at the on Tuesday, August 11 at 11:35 a.m. Eastern Time. A live webcast and replay of the presentation will be available via the company’s investor relations website.
Everspin Technologies (NASDAQ: MRAM) will release its second quarter 2026 financial results after market close on Wednesday, August 5, 2026. President and CEO Sanjeev Aggarwal and CFO Bill Cooper will host a conference call that day at 5:00 p.m. Eastern Time, with live and replay webcast at https://investor.everspin.com/.
Everspin Technologies (NASDAQ: MRAM) is expected to join the Russell 2000 Index after the close of U.S. markets on June 26, 2026, with changes effective June 29, 2026.
Inclusion is based on its membership in the Russell 3000 and FTSE Russell’s market cap criteria.
Everspin (NASDAQ: MRAM) signed a subcontract agreement with a U.S. prime contractor to provide Toggle MRAM process technology and engineering services for U.S. defense customers. The agreement is valued at $40.0 million over two and a half years and builds on Everspin's U.S. foundry capabilities with Microchip.
The work targets military and aerospace applications where performance, reliability, longevity and domestic production are emphasized.
Everspin (NASDAQ: MRAM) reported preliminary Q1 2026 results: total revenue $14.9M, MRAM product sales $14.1M, and GAAP net loss $(0.3)M ($(0.01) per share).
Non-GAAP net income was $2.6M ($0.11 per share). Cash totaled $40.5M. Company announced a $40M contract with a U.S. prime and referenced a Foundry Services Agreement with Microchip. Q2 revenue guidance: $15.5M–$16.5M.
Everspin Technologies (NASDAQ: MRAM) will release its first quarter 2026 financial results after market close on Wednesday, April 29, 2026. Management will host a conference call the same day at 5:00 p.m. ET, with a live webcast and replay available at the investor website.