EVERSPIN TECHNOLOGIES INC. Income Statement
MRAM|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
EVERSPIN TECHNOLOGIES INC. reported $55M in revenue and $586,000 in net loss for FY2025. Revenue has grown at a 8.2% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.2M | $63.8M | $60.0M | $55.1M | $42.0M | $37.5M | $49.4M | $35.9M | $26.5M | $27.1M |
| Cost of Revenue | $27.0M | $26.5M | $26.0M | $22.1M | $23.9M | $19.2M | $24.1M | $14.5M | $12.6M | $12.4M |
| Gross Profit | $28.2M | $37.2M | $33.9M | $33.1M | $18.1M | $18.3M | $25.3M | $21.5M | $14.0M | $14.7M |
| SG&A Expense | $14.6M | $14.3M | $11.7M | $10.9M | $10.8M | $12.4M | $12.6M | $11.5M | $6.6M | $7.3M |
| R&D Expense | $14.1M | $11.8M | $11.1M | $12.6M | $10.9M | $14.2M | $23.6M | $25.4M | $21.1M | $19.2M |
| Operating Income | -$6.5M | $5.9M | $6.2M | $5.0M | -$7.6M | -$14.4M | -$17.3M | -$20.2M | -$17.5M | -$15.5M |
| Interest Expense | - | - | $274.0K | $547.0K | $665.0K | $747.0K | $890.0K | $764.0K | $653.0K | $2.3M |
| Income Tax | $129.0K | -$16.0K | $14.0K | $4.0K | $260.0K | $260.0K | $0 | $0 | $0 | $0 |
| Net Income | -$586.0K | $9.1M | $6.1M | $4.3M | -$8.5M | -$14.7M | -$17.8M | -$21.1M | -$18.2M | -$16.7M |
| EPS (Basic) | $0.04 | $0.44 | $0.30 | $0.22 | -$0.45 | - | - | - | - | - |
| EPS (Diluted) | $0.04 | $0.42 | $0.29 | $0.22 | -$0.45 | -$0.85 | -$1.08 | -$1.69 | -$7.12 | -$4.00 |
| Shares Outstanding | 22.1M | 21.1M | 20.4M | 19.9M | 19.0M | 18.1M | 17.1M | 12.8M | 12.5M | 3.0M |
| Gross Margin | 51.2% | 58.4% | 56.6% | 60.0% | 43.0% | 48.9% | 51.3% | 59.8% | 52.7% | 54.3% |
| Operating Margin | -11.8% | 9.2% | 10.4% | 9.1% | -18.0% | -38.4% | -35.0% | -56.2% | -66.1% | -57.3% |
| Profit Margin | -1.1% | 14.2% | 10.2% | 7.9% | -20.3% | -39.1% | -35.9% | -58.7% | -68.5% | -61.7% |