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MRAM Financials Everspin Technologies

12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 5.6% per year over the past 5 years.
  • Operating margin has expanded, at -11.8% in the latest year.

Financial health

  • The company holds more cash ($44M) than total debt ($2M).
  • Total debt has grown slower than revenue (-25.9% vs 5.6% per year).
Revenue & net income
-$21M $21M $64M $0 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
-59% 1% 60% 0% 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-194% -84% 26% 0% 2014 2016 2018 2020 2022 2024
ROEROA
Free cash flow (CFO − capex)
-$22M -$5M $12M $0 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $22M $44M 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$19M $14M $47M $0 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $55M -$586000 51.2% -11.8% -0.9% -0.7% $3M $2M $44M
2024 $50M $781000 51.8% -14.1% 1.2% 1.0% $4M $4M $42M
2023 $64M $9M 58.4% 9.2% 16.8% 13.4% $12M $37M
2022 $60M $6M 56.6% 10.4% 15.9% 11.1% $7M $27M
2021 $55M $4M 60.0% 9.1% 15.9% 11.0% $8M $5M $21M
2020 $42M -$9M 43.0% -18.0% -48.9% -26.2% -$3M $8M $15M
2019 $38M -$15M 48.9% -38.4% -79.3% -41.5% -$9M $8M $14M
2018 $49M -$18M 51.3% -35.1% -71.2% -39.4% -$17M $12M $23M
2017 $36M -$21M 59.8% -56.2% -193.9% -67.1% -$22M $12M $13M
2016 -$17M -62.2% -40.3% -$20M $8M $30M
2015 -$18M 25.8% -165.9% -$12M $8M $2M
2014 -$10M 18.7% $10M

Valuation over time

How the market has priced MRAM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 165.2 330.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 5.8 11.6 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is MRAM growing its revenue and profit?

Over the past 5 years, Everspin Technologies's revenue has grown 5.6% per year. These are computed facts, not advice.

How much debt does MRAM have?

As of FY2025, Everspin Technologies reported $2M of total debt against $44M of cash.

What is MRAM's profit margin?

In FY2025, gross margin was 51.2%, operating margin -11.8%, and net margin -1.1%.

What is MRAM's P/E ratio?

As of Sep '26, Everspin Technologies traded at a price-to-earnings ratio of about 249.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.