EVERSPIN TECHNOLOGIES INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $55.2M | $50.4M | $63.8M | $60.0M | $55.1M |
| Cost of revenue | $27.0M | $24.3M | $26.5M | $26.0M | $22.1M |
| Gross profit | $28.2M | $26.1M | $37.2M | $33.9M | $33.1M |
| Research and development | $14.1M | $13.7M | $11.8M | $11.1M | $12.6M |
| Operating expenses | $34.8M | $33.2M | $31.4M | $27.7M | $28.0M |
| Operating income | -$6.5M | -$7.1M | $5.9M | $6.2M | $5.0M |
| Interest expense | — | — | $63,000 | $274,000 | $547,000 |
| Pretax income | -$457,000 | $741,000 | $9.0M | $6.1M | $4.3M |
| Income tax expense | $129,000 | -$40,000 | -$16,000 | $14,000 | $4,000 |
| Net income | -$586,000 | $781,000 | $9.1M | $6.1M | $4.3M |
| Balance Sheet | |||||
| Cash and equivalents | $44.5M | $42.1M | $36.9M | $26.8M | $21.4M |
| Current assets | $65.2M | $64.2M | $57.9M | $44.7M | $36.8M |
| Total assets | $84.6M | $77.8M | $67.3M | $55.3M | $39.4M |
| Current liabilities | $13.5M | $9.9M | $8.8M | $10.9M | $10.3M |
| Total liabilities | $15.7M | $15.2M | $13.4M | $16.7M | $12.1M |
| Stockholders' equity | $68.9M | $62.6M | $53.9M | $38.7M | $27.2M |
| Cash Flow Statement | |||||
| Cash from operations | $10.0M | $7.1M | $13.1M | $9.5M | $9.4M |
| Depreciation and amortization | $3.2M | $1.7M | $1.2M | $982,000 | $1.5M |
| Stock-based compensation | $5.8M | $6.7M | $5.0M | $4.4M | $3.2M |
| Capital expenditure | $6.8M | $3.0M | $1.4M | $2.8M | $1.0M |
| Free cash flow | $3.1M | $4.0M | $11.7M | $6.7M | $8.3M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 23.4M · Free float 76.6%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.