Highest-materiality recent filing
Everspin reports record Q2 revenue of $18.7M; non-GAAP net income $2.9M
Total revenue $18.7M, up 42% YoY; product revenue $15.3M, licensing/other $3.4M.
Everspin Q1 revenue $14.9M, non-GAAP EPS $0.11; announces $40M defense contract
Total revenue $14.9M, up 14% YoY from $13.1M; MRAM product sales $14.1M vs $11.0M.
Everspin signs $40M IDIQ subcontract for Toggle MRAM RDT&E under Navy prime contract
Total contract value $40M firm-fixed-price; 30-month period from April 2026 to November 2028.
Everspin signs 10-year foundry deal with Microchip for on-shore MRAM wafer production in Oregon
10-year foundry deal with Microchip Technology for 8-inch MRAM, TMR sensor, and STT-MRAM wafers at Microchip's Oregon Fab 4.
Everspin Q4 2025 revenue $14.8M, up 12% YoY; full-year GAAP net loss $0.6M
Total revenue $14.8M (Q4), $55.2M (FY), up 10% YoY; MRAM product sales $13.5M (Q4), $48.3M (FY).
Everspin sued by Avalanche for patent infringement on STT-MRAM products; ITC complaint filed
Avalanche Technology filed lawsuit in Delaware and ITC complaint against Everspin alleging infringement of four patents covering STT-MRAM products.
Everspin Q2 revenue $13.2M (+25% YoY); non-GAAP net income $0.7M; Q3 guidance $13.5-14.5M
Total revenue $13.2M vs $10.6M in Q2 2024; MRAM product sales $11.1M vs $9.9M.
Everspin Q1 revenue $13.1M, net loss $1.2M; Q2 guidance $12.5-13.5M
Total revenue $13.1M, down 9% YoY; product revenue $11.0M flat, licensing revenue $2.1M down 42%.
Everspin Q4 revenue $13.2M, EPS $0.05; full-year revenue $50.4M, down 21%
Q4 2024 total revenue $13.2M, down 21% from $16.7M in Q4 2023.
Everspin appoints William Cooper as CFO; Tenorio transitions to VP Finance
William Cooper named CFO effective Jan 6, 2025; joins from AMD where he was Director of FP&A.
Everspin Q3 revenue $12.1M in-line, EPS $0.10 beats guidance; Q4 revenue guidance $12M-$13M
Q3 2024 revenue $12.1M (down 27% YoY from $16.5M); GAAP EPS $0.10 exceeded guidance.
Everspin awarded up to $14.55M for on-shore MRAM manufacturing for aerospace/defense
Award valued at up to $14.55 million over 2.5 years for developing a long-term MRAM manufacturing plan.
Everspin signs $9.25M joint development deal with Frontgrade for radiation-hardened MRAM
Contract with Frontgrade Colorado Springs for SRH high-reliability eMRAM macro for aerospace/defense.
Everspin Q2 revenue $10.6M (-32% YoY); GAAP net loss $0.12/share vs prior income $0.18
Total revenue $10.6M vs $15.7M YoY; MRAM product sales $9.9M vs $13.4M.
Everspin CFO Anuj Aggarwal resigns; Matthew Tenorio appointed interim CFO
Anuj Aggarwal resigns as CFO effective July 26, 2024 to pursue another opportunity; no disagreement with company.
Everspin Q1 net loss $0.2M vs prior net income; Q2 rev guidance $10-11M
Revenue $14.4M near high end of guidance; down from $14.8M YoY; MRAM product sales $10.9M (-21% YoY).
Everspin Q4 revenue $16.7M, EPS $0.09 beat; FY2023 record rev $63.8M, net income $9.1M
Q4 revenue $16.7M (+6% YoY), GAAP EPS $0.09; FY revenue $63.8M, net income $9.1M, EPS $0.42.
Everspin Q3 revenue $16.5M, up 8% YoY; net income $2.4M, EPS $0.11; guides Q4 rev $15.4-16.4M
Revenue $16.5M (+8% YoY), net income $2.4M (+27.8%), diluted EPS $0.11 (vs $0.09).
Everspin Q2 revenue $15.7M beats guidance; net income $3.9M, 9th consecutive profitable quarter
Revenue $15.7M, above high end of guidance; up 6% QoQ and 7% YoY.
Everspin Q1 revenue $14.8M, net income $0.8M; guides Q2 rev $14.5-15.5M
Q1 2023 revenue $14.8M (top end of guidance), up 3% YoY from $14.3M; MRAM product sales $13.8M, up 9% YoY.
Everspin reports record FY2022 revenue of $60.0M, net income up 41% to $6.1M
FY2022 revenue $60.0M (+9% YoY); Q4 revenue $15.7M (+3% QoQ).
Everspin Q3 revenue $15.2M, net income $1.9M; Chairman transitions from Executive to non-Executive
Revenue $15.2M, up 4% QoQ and 3% YoY; net income $1.9M ($0.09 diluted EPS), up from $0.9M in Q3'21.
Everspin Q2 2022 revenue $14.7M (+24% YoY); net income $1.7M; guides Q3 revenue $14.4-15.4M
Revenue $14.7M, up 24% YoY and above high end of guidance; MRAM product sales $13.2M.
Everspin Q1 revenue up 39% YoY to $14.3M; net income $1.9M
Revenue $14.3M (+39% YoY); net income $1.9M ($0.10 basic EPS) vs net loss $0.5M in Q1'21.
Everspin reports record Q4 revenue $18.2M, net income $3.7M; appoints Sanjeev Aggarwal as CEO
Q4 2021 revenue $18.2M (up 82% YoY), GAAP net income $3.7M ($0.19 EPS) vs loss $1.6M in Q4 2020.
Everspin reports Q3 revenue $14.8M (+46.5% YoY), net income $880k, and director resignation
Q3 revenue $14.8M vs $10.1M a year ago; net income $880k vs net loss of $3.9M in Q3 2020.
Everspin posts first GAAP net income quarter: Q2 net income $256k, revenue $11.85M
Q2 2021 revenue $11.85M, up 15% QoQ from $10.28M, flat YoY vs $11.83M.
On July 14, 2026, Lawrence G. Finch notified Everspin Technologies, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”), including as a member of the Board’s audit committee, effective August 4, 2026.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Financial Officer Effective January 6, 2025 (the “Appointment Date”), Everspin Technologies, Inc. (the “Company”) appointed William Cooper to serve as the Company’s Chief Financial Officer (“CFO”).
On July 18, 2024, the Company announced that Matthew Tenorio has been appointed to serve as interim Chief Financial Officer (“Interim CFO”) of the Company, effective July 18, 2024, while the Company conducts a search for its next Chief Financial Officer.
On July 12, 2024, Anuj Aggarwal, Chief Financial Officer of Everspin Technologies, Inc. (the “Company”), notified the Company of his decision to resign effective July 26, 2024 to pursue another opportunity.
On November 8, 2022, Darrin Billerbeck, the Executive Chairman of the Board of the Board of Directors of Everspin Technologies, Inc., transitioned from Executive Chairman of the Board back to Chairman of the Board.
Michael B. Gustafson informed the Company of his decision not to stand for re-election to the Board at the Company's 2022 annual meeting of stockholders currently expected to be scheduled for May 25, 2022.
On February 28, 2022, the Company’s Board of Directors (the “Board”) appointed Sanjeev Aggarwal as the Company’s President and Chief Executive Officer, effective March 14, 2022.
On February 28, 2022, the Board also elected Mr. S. Aggarwal as a member of the Board, effective March 14, 2022.
Effective March 14, 2022, Mr. Billerbeck will resign as the Company’s Interim Chief Executive Officer and will continue to serve as the Company’s Executive Chairman of the Board.
On November 7, 2021, Geoffrey R. Tate informed the Company of his resignation from the Company’s board of directors (the “Board”), effective November 8, 2021, due to the time demands of Flex Logix Technologies, Inc., where he serves as its Chief Executive Officer.
On September 3, 2021, Everspin Technologies, Inc. (the “Company”) announced that the Company’s board of directors has appointed Anuj Aggarwal as the Company’s Chief Financial Officer, effective immediately.
Max materiality 0.80 · Median 0.65 · Most common event earnings