Company / R&D Expense
EVERSPIN TECHNOLOGIES INC. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$14.1M
FY2025
5-year range
$10.9M / $14.1M
FY2021-FY2025
Trend
+19.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $11M in FY2021 to $25M in FY2018.
Based on SEC 10-K filings.
$14M in FY2025 with a 5-year CAGR of -0.1%.
Improved from $11M to $14M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +3.7%
- 5-Year CAGR
- -0.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -0.1%, indicating a declining trend.
- In FY2025, r&d expense increased 19.6% year-over-year.
- Peak r&d expense was recorded in FY2018.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.1M | +19.6% |
| FY2024 | $11.8M | +6.0% |
| FY2023 | $11.1M | -12.0% |
| FY2022 | $12.6M | +15.9% |
| FY2021 | $10.9M | -23.2% |
| FY2020 | $14.2M | -40.0% |
| FY2019 | $23.6M | -7.1% |
| FY2018 | $25.4M | +20.4% |
| FY2017 | $21.1M | +9.8% |
| FY2016 | $19.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026