---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-013273"
form_type: "8-K"
ticker: "MRAM"
cik: "0001438423"
company_name: "EVERSPIN TECHNOLOGIES INC."
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T00:44:53.991986+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Everspin Q2 2022 revenue $14.7M (+24% YoY); net income $1.7M; guides Q3 revenue $14.4-15.4M

## Summary
- Revenue $14.7M, up 24% YoY and above high end of guidance; MRAM product sales $13.2M.
- Net income $1.7M ($0.08 basic EPS) vs $1.9M in Q1; Adjusted EBITDA $3.3M.
- Gross margin 58.4% vs 60.7% a year ago, pressured by supplier price increases.
- Q3 2022 guidance: revenue $14.4M-$15.4M; GAAP EPS breakeven to $0.05, reflecting product development costs.

## SEC filing metadata
- accession: 0001558370-22-013273
- form_type: 8-K
- ticker: MRAM
- cik: 0001438423
- company_name: EVERSPIN TECHNOLOGIES INC.
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438423/000155837022013273/0001558370-22-013273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438423/000155837022013273/mram-20220811x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-013273
- JSON: https://secwatch.observer/filing/0001558370-22-013273.json
- Plain text: https://secwatch.observer/filing/0001558370-22-013273.txt

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