---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049548"
form_type: "8-K"
ticker: "MRAM"
cik: "0001438423"
company_name: "EVERSPIN TECHNOLOGIES INC."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:14:25.281615+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Everspin Q3 2025 revenue $14.1M (+17% YoY); GAAP EPS $0.00, non-GAAP $0.06; guides Q4 rev $14-15M

## Summary
- Revenue $14.1M, up from $12.1M YoY; MRAM product sales $12.7M vs $10.4M.
- GAAP net income $54k ($0.00 EPS) vs $2.3M ($0.10 EPS) YoY; non-GAAP net income $1.5M ($0.06 EPS) vs $3.8M ($0.17 EPS).
- Gross margin improved to 51.3% from 49.2%; cash $45.3M, up $3.2M since Dec 31, 2024.
- Q4 2025 guidance: revenue $14-15M, GAAP EPS $0.02-$0.07, non-GAAP EPS $0.08-$0.13.
- Strength in LEO satellite, casino gaming, and energy management applications.

## SEC filing metadata
- accession: 0001628280-25-049548
- form_type: 8-K
- ticker: MRAM
- cik: 0001438423
- company_name: EVERSPIN TECHNOLOGIES INC.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438423/000162828025049548/0001628280-25-049548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438423/000162828025049548/mram-20250930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049548
- JSON: https://secwatch.observer/filing/0001628280-25-049548.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049548.txt

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