Everspin achieved a 12% year-over-year revenue increase in Q4 2025, reaching $14.8 million, driven by strong product sales in Data Center and Industrial sectors. While GAAP net income remained flat at $1.2 million, the company saw a significant increase in design wins, signaling future growth potential.

Everspin Technologies, Inc. announced unaudited financial results for the third quarter of 2025, with total revenue reaching $14.1 million, an increase from $12.1 million in Q3 2024. Product sales were a key driver, growing to $12.7 million. Despite revenue growth, GAAP net income significantly decreased to $54,000, or $0.00 per diluted share, compared to $2.3 million, or $0.10 per diluted share, in the prior year's quarter. The company maintained a strong balance sheet with cash and cash equivalents increasing to $45.3 million.

Everspin Technologies, Inc. delivered a strong second quarter in 2025, with total revenue increasing to $13.2 million, up 24% year-over-year. The company significantly reduced its GAAP net loss to $(0.7) million and achieved a non-GAAP net income of $0.7 million, demonstrating improved financial performance driven by product sales and licensing revenue.

Everspin Technologies, Inc. reported a total revenue of $13.1 million for the first quarter of 2025, a decrease from $14.4 million in the same period last year. The company posted a GAAP net loss of $1.2 million, or $(0.05) per diluted share, compared to a net loss of $0.2 million, or $(0.01) per diluted share, in Q1 2024. Non-GAAP net income was $0.4 million, or $0.02 per diluted share.

Everspin Technologies, Inc. reported fourth quarter revenue of $13.2 million, exceeding expectations, and earnings per share at the high end of their guidance range. The company achieved 178 design wins in 2024, indicating strong future growth opportunities.

Everspin Technologies reported third-quarter revenue in line with guidance and GAAP net income per diluted share ahead of guidance, driven by new contract wins and cost containment efforts. The company remains focused on scaling its business and converting additional design wins to revenue.

Everspin Technologies reported Q2 2024 financial results with revenue of $10.6 million, aligning with expectations. However, the company experienced a GAAP net loss of $2.5 million, or $0.12 per basic share, contrasting with the previous year's net income of $3.9 million, or $0.18 per diluted share.

Everspin Technologies reported Q1 2024 revenue of $14.4 million, which was near the high end of their guidance range. However, the company experienced a GAAP net loss of $0.2 million, or $(0.01) per diluted share.

Everspin Technologies reported strong Q4 2023 results, exceeding expectations with revenue of $16.7 million and EPS of $0.09. The company achieved record annual revenue and profitability in 2023, driven by operational excellence and 217 design wins.

Everspin Technologies reported an 8% increase in revenue to $16.5 million, exceeding its guidance. Net income also increased by 27.8% year-over-year to $2.4 million. The company's cash and cash equivalents totaled $34.9 million.

Everspin Technologies reported a strong second quarter in 2023, exceeding revenue guidance with $15.7 million and achieving a net income of $3.9 million. The company also generated $6.3 million in cash flow from operating activities and ended the quarter with $30.8 million in cash and cash equivalents.

Everspin Technologies reported a revenue of $14.8 million, a 3% increase compared to Q1 2022. The company achieved a net income of $0.8 million, or $0.04 per basic share, and generated cash flows from operating activities of $1.2 million. Everspin also paid off its term loan and line of credit, ending the quarter with $24.2 million in cash and cash equivalents.

Everspin Technologies reported a 3% increase in Q4 revenue to $15.7 million compared to Q3 2022. The increase was driven by strong toggle demand and sales along with revenue from a new licensing arrangement. Cash and equivalents ended the quarter at $26.8 million.

Everspin Technologies reported a slight increase in revenue and a net income for Q3 2022. The company saw revenue of $15.2 million, a 3% increase compared to Q3 2021. Net income was $1.9 million, compared to $0.9 million in Q3 2021.

Everspin Technologies reported a strong second quarter in 2022, with revenue reaching $14.7 million, a 24% increase compared to the same period last year. The company's net income was $1.7 million, and basic EPS was $0.08. The company ended the quarter with $23.1 million in cash and cash equivalents.

Everspin Technologies reported a strong start to 2022, with Q1 revenue increasing by 39% year-over-year to $14.3 million. The company achieved a net income of $1.9 million, a significant improvement compared to the net loss in Q1 2021. This growth was driven by strong Toggle sales and increased revenue from a U.S. Government RAD-Hard program.

Everspin Technologies reported record revenue for Q4 2021, driven by strong Toggle sales, revenue recognition from a U.S. Government RAD-Hard program, and an IP monetization deal. The company's GAAP net income was $3.7 million, or $0.19 per share.

Everspin Technologies, Inc. announced preliminary unaudited financial results for the third fiscal quarter of 2021. The company reported record net income of $880k. Q3’21 revenue increased 25% and $2.9 million from $11.9 million in the prior quarter to $14.8 million.

Everspin Technologies reported its Q2 2021 financial results, marking the first time in company history with GAAP net income positive for a quarter. Total revenue for the second quarter of 2021 was $11.85 million, relatively flat compared to Q2 2020. The company ended the quarter with $14.2 million in cash and cash equivalents.

Everspin Technologies reported Q1 2021 financial results with a total revenue of $10.3 million, a GAAP gross margin of 58.2%, and a GAAP net loss of $0.5 million, or ($0.02) per share. The company signed contracts related to a U.S. Government RAD-Hard program and received a $3 million up-front payment.

Everspin Technologies reported Q4 2020 revenue of $10.0 million, a GAAP gross margin of 52.3%, and a GAAP net loss of $1.6 million, or ($0.08) per share. The company is driving critical R&D programs and key business initiatives, and believes that they are positioned for profitable growth.

Everspin Technologies reported a 10.3% year-over-year increase in total revenue, reaching $10.1 million. The company also achieved positive cash flow from operations and reduced operating expenses by 24% compared to the prior year period. GAAP net loss per share remained flat at ($0.21).

Everspin Technologies reported a 37% year-over-year increase in revenue, reaching $11.8 million, driven by record STT-MRAM revenue. The company's GAAP loss improved to $1.3 million, and non-GAAP loss improved to $0.4 million. They ended the quarter with $12.9 million in cash and equivalents.

Everspin Technologies reported Q1 2020 financial results, with revenue at $10.1 million, exceeding the high-end of guidance. The company's GAAP loss per share improved to ($0.10), and non-GAAP loss per share improved to ($0.05).

Everspin Technologies, Inc. reported its Q4 2019 earnings, but the specific financial details were not provided in the given document.