---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-011501"
form_type: "8-K"
ticker: "MRAM"
cik: "0001438423"
company_name: "EVERSPIN TECHNOLOGIES INC."
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T12:45:15.579182+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Everspin posts first GAAP net income quarter: Q2 net income $256k, revenue $11.85M

## Summary
- Q2 2021 revenue $11.85M, up 15% QoQ from $10.28M, flat YoY vs $11.83M.
- First GAAP net income in company history: $256k ($0.01 EPS), vs net loss of $460k in Q1 and $1.3M loss in Q2 2020.
- Gross margin expanded to 60.7%, up from 58.2% QoQ and 43.9% YoY.
- Cash and equivalents $14.2M at June 30, 2021, down from $15.5M at Q1 end.
- Q3 2021 guidance: revenue $11.7M–$12.7M; GAAP net loss per share ($0.04)–($0.07).

## SEC filing metadata
- accession: 0001558370-21-011501
- form_type: 8-K
- ticker: MRAM
- cik: 0001438423
- company_name: EVERSPIN TECHNOLOGIES INC.
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438423/000155837021011501/0001558370-21-011501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438423/000155837021011501/mram-20210812x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-011501
- JSON: https://secwatch.observer/filing/0001558370-21-011501.json
- Plain text: https://secwatch.observer/filing/0001558370-21-011501.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.