Every 10-Q that Everspin Technol (MRAM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MRAM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRAM filings page.
Everspin Technologies reported Q2 2026 revenue of $18.7 million, up 41.9% from Q2 2025, driven by a 38.1% increase in product sales and higher engineering and services revenue. Gross margin improved to 53.9%. For the first half, revenue reached $33.6 million, up 27.6% year over year.
Despite growth, the company recorded a Q2 net loss of $3.6 million (basic and diluted loss per share $0.15) versus a $0.7 million loss a year earlier, largely due to $4.0 million in patent-litigation costs. Adjusted net income was positive at $2.9 million for the quarter and $5.5 million year to date.
Cash and cash equivalents were $43.9 million at June 30, 2026, with modest operating cash inflow of $0.7 million and elevated capital spending. New engineering services agreements total $40.3 million, with $3.3 million recognized and $2.9 million deferred, expected to run through 2028, alongside a strategic award of up to $14.6 million.
Everspin Technologies reported Q1 2026 revenue of $14.9 million, up 13.2% from Q1 2025, driven mainly by 27.9% growth in product sales. Higher product mix and better yields lifted gross margin to 52.7%.
The company posted a small net loss of $0.3 million (vs. $1.2 million loss a year ago), while adjusted net income reached $2.6 million, helped by $2.1 million of other income from a strategic aerospace and defense manufacturing award. Cash and cash equivalents were $40.5 million with modest positive operating cash flow.
Subsequent to quarter-end, Everspin signed a 10‑year foundry agreement with Microchip, including up to $13.95 million in installation reimbursements and ramping wafer purchase commitments, and a $40.0 million subcontract with Amentum for U.S. government microelectronics R&D. The company is also defending against a patent infringement case filed by Avalanche Technology in federal court and at the U.S. International Trade Commission.
Everspin Technologies reported Q3 2025 results with total revenue of 14,060 (in thousands), up 16.3% year over year. Product sales were 12,690 (in thousands) and gross margin improved to 51.3% from 49.2%.
Net income was $54, or $0.00 per diluted share, as higher operating expenses offset revenue growth and other income normalized. For the first nine months, revenue reached 40,399 (in thousands) with a net loss of $1,782.
Cash and cash equivalents were $45,257, supported by $7,336 in operating cash flow year to date. Other income included $1.2 million in the quarter from a strategic award to develop an aerospace and defense manufacturing plan, part of milestones totaling up to approximately $14.6 million over 2.5 years. Shares outstanding were 22,856,514 as of October 31, 2025.