Everspin Q2 revenue $13.2M (+25% YoY); non-GAAP net income $0.7M; Q3 guidance $13.5-14.5M

EVERSPIN TECHNOLOGIES INC.

2025-Q2 EPS reported -$0.08 revenue$26,339,000

Total revenue $13.2M vs $10.6M in Q2 2024; MRAM product sales $11.1M vs $9.9M.
Licensing, royalty, patent & other revenue $2.1M vs $0.7M YoY.
GAAP net loss $(0.7)M ($(0.03)/diluted) vs $(2.5)M ($(0.12)) in Q2 2024; Non-GAAP net income $0.7M ($0.03/diluted).
Gross margin improved to 51.3% from 49.0%; cash and cash equivalents up $2.9M to $45.0M.
Q3 2025 revenue guidance $13.5M-$14.5M; GAAP EPS $(0.05)-$0.00; non-GAAP EPS $0.02-$0.07.

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