Everspin Q1 revenue $14.9M, non-GAAP EPS $0.11; announces $40M defense contract

EVERSPIN TECHNOLOGIES INC.

2026-Q1 EPS reported -$0.01 revenue$14,872,000

Total revenue $14.9M, up 14% YoY from $13.1M; MRAM product sales $14.1M vs $11.0M.
GAAP net loss narrowed to $0.3M ($0.01 loss/share) vs $1.2M loss YoY; non-GAAP net income $2.6M ($0.11/share).
New $40M contract with US prime contractor for SOTA MRAM process technology for defense industrial base.
Q2 2026 guidance: rev $15.5M-$16.5M, GAAP EPS loss $(0.12)-$(0.07), non-GAAP EPS $0.00-$0.03.
Cash $40.5M; CFO cites strong balance sheet to execute Microchip Foundry Services Agreement and product dev.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EVERSPIN TECHNOLOGIES INC. reported the first quarter ended March 31, 2026 results: revenue $14.9 million, net income net loss of $0.3 million, EPS $(0.01) per diluted share.

Period: the first quarter ended March 31, 2026
Revenue: $14.9 million
Net income: net loss of $0.3 million
EPS: $(0.01) per diluted share
Result: preliminary results

Exact text from the filing

the Art (SOTA) MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers.” First Quarter 2026 Results • Total revenue of $14.9 million, compared to $13.1 million in the first quarter of 2025. • MRAM product sales, which include both Toggle and STT-MRAM revenue, of $14.1 million, compared to $11.0 million in the

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EVERSPIN TECHNOLOGIES INC. reported the second quarter of 2026 results: revenue total revenue in a range of $15.5 million to $16.5 million, EPS GAAP net loss per share to be between ($0.12) and $(0.07). Guidance initiated.

Period: the second quarter of 2026
Revenue: total revenue in a range of $15.5 million to $16.5 million
EPS: GAAP net loss per share to be between ($0.12) and $(0.07)
Guidance: initiated
Result: guidance update

Exact text from the filing

For the second quarter of 2026, Everspin expects total revenue in a range of $15.5 million to $16.5 million and GAAP net loss per share to be between ($0.12) and $(0.07).

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

EVERSPIN TECHNOLOGIES INC. filing history →

Source: SEC EDGAR

accession 0001628280-26-028376

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.