Everspin Technologies demonstrated strong revenue performance and growth in key sectors such as data center and industrial automation. The company showed significant improvement in non-GAAP earnings and increased cash flow, highlighting effective financial management. However, there are minor challenges in maintaining gross margin levels and improving product yields. Overall, the positive aspects significantly outweigh the lowlights.

Company Guidance -

Q3 2025

During the Everspin Technologies Second Quarter 2025 Financial Results Conference Call, the company reported a revenue of $13.2 million, which was at the high end of their guidance range of $12.5 million to $13.5 million. The non-GAAP earnings per share were $0.03. The quarter saw robust performance across all product lines, particularly in data center, industrial automation, and low earth orbital applications, with a high single-digit sequential growth in the data center business. Industrial automation equipment, such as programmable logic controllers, experienced over 20% sequential growth from Q1. The gross margin was reported at 51.3%, slightly down from 51.4% in the first quarter but up from 49% in Q2 2024. Operating expenses were $8.7 million, consistent with the previous quarter. The company ended the quarter with $45.0 million in cash and cash equivalents. Everspin provided guidance for Q3 2025 with expected revenue between $13.5 million and $14.5 million and non-GAAP net income per share between $0.02 and $0.07. The company remains focused on scaling its business and converting design wins to revenue, with expectations for 2025 to be more heavily weighted towards the second half of the year.

Strong Revenue Performance

Everspin reported Q2 2025 revenue of $13.2 million, which was at the high end of their guidance range of $12.5 million to $13.5 million.

Data Center and Industrial Automation Growth

High single-digit sequential growth in the data center business and over 20% sequential growth in industrial automation.

Increased Licensing and Other Revenue

Licensing, royalty, patent, and other revenue increased to $2.1 million from $0.7 million in Q2 2024.

Positive Non-GAAP Earnings

Recorded non-GAAP net income of $0.7 million or $0.03 per diluted share, a significant improvement from a non-GAAP net loss of $0.6 million in Q2 2024.

Cash Flow and Balance Sheet

Cash flow from operations increased to $5.0 million, and the company ended the quarter with $45.0 million in cash and cash equivalents.

New Product Development

Shipped engineering samples for two new products in the xSPI family and remain on track for full production in late 2025.

Everspin Technologies (MRAM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MRAM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.01 / -	0.1	―	―	―
Aug 06, 2025	2025 (Q2)	-0.04 / -0.03	-0.12	75.00% (+0.09)	―
Apr 30, 2025	2025 (Q1)	-0.04 / -0.05	-0.01	-400.00% (-0.04)	―
Feb 26, 2025	2024 (Q4)	0.02 / 0.05	0.09	-44.44% (-0.04)	―
Oct 30, 2024	2024 (Q3)	-0.06 / 0.10	0.11	-9.09% (>-0.01)	―
Jul 31, 2024	2024 (Q2)	-0.12 / -0.12	0.19	-163.16% (-0.31)	―
May 01, 2024	2024 (Q1)	0.03 / -0.01	0.04	-125.00% (-0.05)	―
Feb 28, 2024	2023 (Q4)	0.03 / 0.09	0.03	200.00% (+0.06)	―
Nov 01, 2023	2023 (Q3)	0.03 / 0.11	0.09	22.22% (+0.02)	―
Aug 02, 2023	2023 (Q2)	0.02 / 0.19	0.08	137.50% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MRAM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$5.94	$6.03	+1.52%
Apr 30, 2025	$5.30	$5.92	+11.70%
Feb 26, 2025	$5.69	$5.61	-1.41%
Oct 30, 2024	$6.82	$6.18	-9.38%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Everspin Technologies Inc (MRAM) report earnings?

Everspin Technologies Inc (MRAM) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Everspin Technologies Inc (MRAM) earnings time?

Everspin Technologies Inc (MRAM) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MRAM EPS forecast?

MRAM EPS forecast for the fiscal quarter 2025 (Q3) is -0.01.

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