📊 MRAM Key Takeaways
Is Everspin Technologies Inc.. (MRAM) a Good Investment?
Everspin shows solid revenue growth (+9.5% YoY) and strong balance sheet fundamentals with substantial cash reserves ($44.5M) and minimal debt, but profitability remains deeply challenged with negative operating and net margins. The company generates positive free cash flow despite operating losses, suggesting the core business has potential, but sustained losses and deteriorating EPS trends indicate structural profitability challenges that must be resolved before confidence can increase.
Everspin exhibits solid fundamentals with 51% gross margins, a cash-rich, debt-free balance sheet, and positive free cash flow despite GAAP losses. Modest 9.5% revenue growth and strong operating cash generation suggest a path back to sustained profitability as operating expenses normalize.
Why Buy Everspin Technologies Inc.. Stock? MRAM Key Strengths
- Strong balance sheet with $44.5M cash and negligible debt (D/E: 0.00x)
- Excellent liquidity position (Current Ratio: 4.84x) providing runway for operations
- Revenue growth of 9.5% YoY demonstrates market traction in MRAM segment
- Positive free cash flow of $3.1M despite operating losses indicates underlying business viability
- Healthy gross margin of 51.2% shows reasonable unit economics at product level
- Debt-free balance sheet with $44.5M cash and strong liquidity
- High gross margin (~51%) indicating product differentiation
- Positive operating and free cash flow despite near-breakeven net income
MRAM Stock Risks: Everspin Technologies Inc.. Investment Risks
- Persistent unprofitability: negative operating margin (-11.8%) and net income losses indicate inability to scale profitably
- Deteriorating EPS performance (-175% YoY) despite revenue growth suggests margin compression and unfavorable cost structure
- Operating losses of $6.5M with negative interest coverage (-103.3x) raise sustainability concerns
- Negative ROE (-0.9%) and ROA (-0.7%) indicate poor capital efficiency and value destruction
- Operating cash flow of $10M barely exceeds capital expenditures of $6.8M, leaving minimal cushion
- Negative operating income and net margin signal execution risk
- Small scale in a cyclical industry increases volatility and concentration risk
- Capex and technology transitions may pressure cash flow and margins
Key Metrics to Watch
- Path to operating profitability and operating margin expansion trends
- Revenue growth sustainability and gross margin maintenance
- Operating cash flow relative to capex requirements and cash burn rate
- EPS trajectory and reduction of operating losses
- R&D spending efficiency and product mix shift toward higher-margin offerings
- Operating margin
- Free cash flow margin
Everspin Technologies Inc.. (MRAM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.84x current ratio provides a solid financial cushion.
MRAM Profit Margin, ROE & Profitability Analysis
MRAM vs Technology Sector: How Everspin Technologies Inc.. Compares
How Everspin Technologies Inc.. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Everspin Technologies Inc.. Stock Overvalued? MRAM Valuation Analysis 2026
Based on fundamental analysis, Everspin Technologies Inc.. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Everspin Technologies Inc.. Balance Sheet: MRAM Debt, Cash & Liquidity
MRAM Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Everspin Technologies Inc..'s revenue has shown modest growth of 0% over the 5-year period. The most recent EPS of $0.04 reflects profitable operations.
MRAM Revenue Growth, EPS Growth & YoY Performance
MRAM Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $12.1M | $54.0K | $0.00 |
| Q2 2025 | $10.6M | -$202.0K | $-0.03 |
| Q1 2025 | $13.1M | -$202.0K | $-0.01 |
| Q3 2024 | $12.1M | -$202.0K | $-0.02 |
| Q2 2024 | $10.6M | -$202.0K | $-0.12 |
| Q1 2024 | $14.4M | -$202.0K | $-0.01 |
| Q3 2023 | $15.2M | $761.0K | $0.09 |
| Q2 2023 | $14.7M | $761.0K | $0.08 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Everspin Technologies Inc.. Dividends, Buybacks & Capital Allocation
MRAM SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Everspin Technologies Inc.. (CIK: 0001438423)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MRAM
What is the AI rating for MRAM?
Everspin Technologies Inc.. (MRAM) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MRAM's key strengths?
Claude: Strong balance sheet with $44.5M cash and negligible debt (D/E: 0.00x). Excellent liquidity position (Current Ratio: 4.84x) providing runway for operations. ChatGPT: Debt-free balance sheet with $44.5M cash and strong liquidity. High gross margin (~51%) indicating product differentiation.
What are the risks of investing in MRAM?
Claude: Persistent unprofitability: negative operating margin (-11.8%) and net income losses indicate inability to scale profitably. Deteriorating EPS performance (-175% YoY) despite revenue growth suggests margin compression and unfavorable cost structure. ChatGPT: Negative operating income and net margin signal execution risk. Small scale in a cyclical industry increases volatility and concentration risk.
What is MRAM's revenue and growth?
Everspin Technologies Inc.. reported revenue of $55.2M.
Does MRAM pay dividends?
Everspin Technologies Inc.. does not currently pay dividends.
Where can I find MRAM SEC filings?
Official SEC filings for Everspin Technologies Inc.. (CIK: 0001438423) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MRAM's EPS?
Everspin Technologies Inc.. has a diluted EPS of $-0.03.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MRAM a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Everspin Technologies Inc.. has a BUY rating with 66% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is MRAM stock overvalued or undervalued?
Valuation metrics for MRAM: ROE of -0.9% (sector avg: 22%), net margin of -1.1% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy MRAM stock in 2026?
Our dual AI analysis gives Everspin Technologies Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MRAM's free cash flow?
Everspin Technologies Inc..'s operating cash flow is $10.0M, with capital expenditures of $6.8M. FCF margin is 5.7%.
How does MRAM compare to other Technology stocks?
Vs Technology sector averages: Net margin -1.1% (avg: 18%), ROE -0.9% (avg: 22%), current ratio 4.84 (avg: 2.5).