Every 8-K 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 8-K covers material events a company has to report between its quarterly 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, Inc. appointed Vikas Choudhary, age 54, to its board of directors, effective August 9, 2026, to serve until the 2027 annual meeting of stockholders and until a successor is duly elected and qualified. The company states there is no arrangement or understanding with any other person regarding his selection and no material interests in related-party transactions under Item 404(a) of Regulation S-K.
Choudhary currently serves as Senior Vice President and General Manager of the Connectivity and Storage Business Unit at MaxLinear, Inc., and has more than 30 years of semiconductor industry experience across multiple leading companies. As director compensation, he received an initial RSU award valued at $250,000 on August 10, 2026, vesting 50% on each of the first and second anniversaries of grant, subject to full vesting upon a change in control. He will also receive an annual cash retainer of $55,000 and will be eligible for future annual RSU awards after two years of board service, with amounts determined by the Compensation Committee.
Everspin Technologies reported preliminary unaudited Q2 2026 results with strong top-line growth. Total revenue was $18.7 million, up from $13.2 million a year earlier, led by MRAM product sales of $15.3 million and $3.4 million of licensing, royalty, engineering services and other revenue, including initial non-product revenue from a recently signed $40 million contract. Gross margin improved to 53.9% from 51.3%. GAAP operating expenses rose to $14.5 million from $8.7 million, reflecting higher R&D and SG&A plus litigation costs and non-recurring engineering fees that are excluded from non-GAAP results.
The company recorded a GAAP net loss of $3.6 million, or $0.15 per diluted share, versus a $0.7 million loss, but delivered non-GAAP net income of $2.9 million, or $0.11 per diluted share, up from $0.7 million. Cash and cash equivalents were $43.9 million as of June 30, 2026. For Q3 2026, Everspin expects revenue between $19.5 million and $20.5 million, GAAP net loss per share between $(0.10) and $(0.05), and non-GAAP diluted EPS between $0.10 and $0.15.
Everspin Technologies, Inc. reported that director Lawrence G. Finch notified the company on July 14, 2026 of his resignation from the board of directors and the audit committee, effective August 4, 2026. The company states that his resignation was not the result of any disagreement regarding its operations, policies or practices.
Everspin Technologies reported results from its 2026 Annual Meeting and an update to its long-term equity compensation program. Stockholders approved an amended and restated 2016 Equity Incentive Plan that adds authorization for an additional 1,800,000 shares for future stock awards.
The amended plan also raises the aggregate maximum number of shares that may be issued through incentive stock options to three times the total shares reserved under the plan, and explicitly bars lowering exercise prices or cashing out underwater options or stock appreciation rights without prior stockholder approval.
Stockholders elected all director nominees, ratified Ernst & Young LLP as independent auditor for the year ending December 31, 2026, approved the advisory say-on-pay vote, and approved the amended equity plan. Following the meeting, the company updated the membership of its Audit, Compensation, and Nominating and Corporate Governance Committees.
Everspin Technologies entered a material definitive agreement with Amentum Services for an IDIQ Subcontract supporting a U.S. Navy microelectronics RDT&E program focused on Toggle MRAM. The firm fixed price Agreement covers milestone-based work over about 30 months for an aggregate value of $40,000,000.
Everspin’s obligations include managing the program, developing on-shore Toggle MRAM production capability, providing process technology and engineering services, delivering electrical characterization results, and supplying process know-how and IP if it exits the Toggle MRAM business. The contract includes option periods, potential six‑month extensions, and termination-for-convenience protections tied to the prime contract.
Everspin Technologies reported preliminary unaudited first quarter 2026 results with total revenue of $14.9 million, up from $13.1 million a year earlier, driven by MRAM product sales of $14.1 million. GAAP results showed a small net loss of $0.3 million, or $(0.01) per diluted share.
On a non-GAAP basis, net income rose to $2.6 million, or $0.11 per diluted share, compared to $0.4 million, or $0.02 per share, in the prior-year quarter. Cash and cash equivalents were $40.5 million as of March 31, 2026, supporting ongoing investments and a recently signed Foundry Services Agreement with Microchip.
The company highlighted a new $40 million contract with a U.S. prime contractor to provide State of the Art MRAM process technology and engineering services for U.S. defense industrial customers. For the second quarter of 2026, Everspin expects revenue between $15.5 million and $16.5 million and non-GAAP diluted EPS between $0.00 and $0.03.
Everspin Technologies has signed a 10-year foundry services agreement with Microchip Technology to expand on-shore manufacturing of MRAM and TMR sensor wafers at Microchip’s Oregon Fab 4 facility. Everspin will reimburse Microchip about $13.95 million in two phases for tooling relocation, installation, engineering and qualification work.
The deal includes minimum purchase commitments that ramp up to 1,300 wafers per quarter, with cash payments due on any shortfalls. Toggle MRAM and sensor capacity is expected to begin roughly 18 months from the effective date, with STT-MRAM capacity around 30 months, and first products anticipated to ship in the second half of 2027.
Everspin Technologies reported preliminary unaudited results showing steady growth in 2025 revenue but weaker earnings. Fourth quarter 2025 revenue rose to $14.8 million from $13.2 million a year earlier, with MRAM product sales up to $13.5 million. GAAP net income for the quarter was $1.2 million, or $0.05 per diluted share, matching the prior-year EPS, while non-GAAP net income was $2.6 million versus $2.8 million.
For full year 2025, revenue increased to $55.2 million from $50.4 million, but the company moved to a GAAP net loss of $0.6 million, or $(0.03) per diluted share, compared to net income of $0.8 million in 2024; non-GAAP net income declined to $5.2 million from $7.5 million. Everspin reported cash and cash equivalents of $44.5 million as of December 31, 2025 and 238 design wins in 2025, up from 178 in 2024. For first quarter 2026, it expects revenue between $14.0 million and $15.0 million, GAAP net loss per diluted share between $(0.03) and net income of $0.02, and non-GAAP diluted EPS between $0.07 and $0.12.
Everspin Technologies (MRAM) furnished quarterly results information. The company submitted an 8-K stating it issued a press release announcing its financial results for the quarter ended September 30, 2025. The release is attached as Exhibit 99.1 and is incorporated by reference. The company notes the information under Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act, except as expressly referenced.
Additional exhibit: Exhibit 104 (Cover Page Interactive Data File formatted as Inline XBRL).