Welcome to our dedicated page for Everspin Technol SEC filings (Ticker: MRAM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Everspin Technologies, Inc. filings document the public-company disclosures of a Delaware semiconductor issuer that develops and manufactures MRAM persistent memory solutions. Recent 8-K reports cover quarterly and annual operating results, MRAM product sales, licensing and royalty revenue, and material agreements related to foundry services, on-shore manufacturing capacity, Toggle MRAM process technology, engineering services, and U.S. government-related microelectronics programs.
The company’s proxy materials describe annual stockholder voting matters, director elections, executive compensation, equity awards and governance practices. Other event filings disclose patent-related proceedings involving STT-MRAM products, while distinguishing the company’s Toggle MRAM products and sensor devices. Together, the filings record Everspin’s operating results, contractual manufacturing arrangements, intellectual-property matters, capital structure and corporate governance obligations.
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 President and CEO Sanjeev Aggarwal, who is also a director, reported exercising fully vested employee stock options on February 4, 2026. He converted options into 834 shares of common stock at an exercise price of $9.12 per share and another 6,250 shares at $6.35 per share.
Following these option exercises, Aggarwal directly beneficially owned 556,496 shares of Everspin Technologies common stock.
Everspin Technologies Chief Financial Officer William Earl Cooper reported a routine insider sale of company stock. On January 7, 2026, he sold 6,807 shares of Everspin common stock at a price of $12.06 per share, a transaction coded as a sale. After this trade, he beneficially owned 93,193 shares of common stock directly.
The filing notes that the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. This indicates the transaction was connected to equity compensation rather than a discretionary sale of his broader holdings.
Everspin Technologies (MRAM) director Form 4 filing reports a sale of company stock by a board member. On 11/25/2025, the reporting person sold 7,500 shares of Everspin Technologies common stock in an open-market transaction at a weighted average price of $7.70 per share, with individual trade prices ranging from $7.65 to $7.75 per share.
After this transaction, the director beneficially owns 80,614 shares of Everspin common stock, held directly. The filer has stated a willingness to provide detailed breakdowns of the number of shares sold at each separate price within the reported trading range upon request.
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.
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).
Lawrence G. Finch, a director of Everspin Technologies, Inc. (MRAM), acquired 2,165 shares on 08/13/2025 through fully vested restricted stock units granted at no cash price. After the reported transaction Finch directly beneficially owns 433,005 shares and indirectly owns 41,961 shares held by the Lawrence G. and Janice C. Finch Revocable Trust, of which he is trustee. The Form 4 was filed individually and signed by an attorney-in-fact on 08/14/2025.
Lynrock Lake entities and Cynthia Paul report beneficial ownership of 1,861,248 shares of Everspin Technologies, Inc. common stock, representing 8.2% of the 22,570,591 shares outstanding as of June 30, 2025. The filings state Lynrock Lake LP serves as investment manager for Lynrock Lake Master Fund, with delegated sole voting and dispositive power over the shares, and Cynthia Paul is the CIO and sole member of the entities that exercise that authority. The reporting persons certify the shares were acquired in the ordinary course of business and not to change or influence control of the issuer.
Everspin Technologies, Inc. (MRAM) insider Sanjeev Aggarwal, who serves as President & CEO and a director, reported a sale of 1,768 shares of common stock on 08/08/2025 at $6.02 per share. The Form 4 states the transaction was effected under a Rule 10b5-1 trading plan entered into on December 6, 2024. After the reported transaction, Aggarwal beneficially owned 591,904 shares directly. The filing was signed by an attorney-in-fact on 08/11/2025, indicating a prearranged, disclosed insider sale rather than an ad hoc disposition.