State Ledger
Company profile

EVERSPIN TECHNOLOGIES INC. CIK 1438423

Ticker
MRAM (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
Chandler, AZ 85226
Fiscal year end
2025 (FY)
Market Data
Close
$15.08
Change
-$0.20
Change %
-1.28%
Volume
23,085

MRAM · trading date Oct 13, 2026 · previous close $15.28 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$55.20M
Net income
-$586.0K
Total assets
$84.61M
Total liabilities
$15.69M
Stockholders' equity
$68.92M
Cash & equivalents
$44.45M
Operating income
-$6.51M
Operating cash flow
$9.96M
Capital expenditures
$6.84M

Fiscal year 2025, via 10-K filed 2026-03-04. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-11.8%
Net margin
-1.1%
Free cash flow
$3.12M
Free cash flow margin
5.7%
Liabilities / assets
18.5%
Equity / assets
81.5%
CapEx / revenue
12.4%
Operating cash flow / net income
-17.00×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $55.20M -$586.0K $84.61M $15.69M $68.92M
2024 $50.40M $781.0K $77.79M $15.20M $62.59M
2023 $63.77M $9.05M $67.30M $13.38M $53.92M
2022 $59.99M $6.13M $55.33M $16.67M $38.66M
2021 $55.15M $4.34M $39.38M $12.14M $27.24M
Company Details
SIC code
3674
State of incorporation
X1
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13G/A
2026-08-14
Financials filed via
Form 10-K
filed 2026-03-04

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Chandler, AZ 85226
5670 W. CHANDLER BOULEVARD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:12 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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