Everspin reports record Q2 revenue of $18.7M; non-GAAP net income $2.9M

EVERSPIN TECHNOLOGIES INC.

Total revenue $18.7M, up 42% YoY; product revenue $15.3M, licensing/other $3.4M.
GAAP net loss $(3.6)M ($0.15 loss per share) vs $(0.7)M loss a year ago.
Non-GAAP net income $2.9M ($0.11 per share) vs $0.7M ($0.03) in Q2 2025.
Q3 guidance: revenue $19.5-20.5M, non-GAAP EPS $0.10-0.15.
CEO cites $40M US prime contractor contract; strength in Industrial Automation, Energy, A&D.

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