Everspin Technologies, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $55.2M | $50.4M | $63.8M | $60.0M | $55.1M | $42.0M | $37.5M |
| Cost of Revenue | — | $27.0M | $24.3M | $26.5M | $26.0M | $22.1M | $23.9M | $19.2M |
| Gross Profit | — | $28.2M | $26.1M | $37.2M | $33.9M | $33.1M | $18.1M | $18.3M |
| Gross Margin | — | 51.2% | 51.8% | 58.4% | 56.6% | 60.0% | 43.0% | 48.9% |
| Operating Expenses | ||||||||
| Research & Development | — | $14.1M | $13.7M | $11.8M | $11.1M | $12.6M | $10.9M | $14.2M |
| SG&A Expense | — | $14.6M | $14.1M | $14.3M | $11.7M | $10.9M | $10.8M | $12.4M |
| Operating Income | — | $-6.5M | $-7.1M | $5.9M | $6.2M | $5.0M | $-7.6M | $-14.4M |
| Operating Margin | — | -11.8% | -14.1% | 9.2% | 10.4% | 9.1% | -18.0% | -38.4% |
| Interest Expense | — | — | — | $63.0K | $274.0K | $547.0K | $665.0K | $747.0K |
| Pretax Income | — | $-457.0K | $741.0K | $9.0M | $6.1M | $4.3M | $-8.3M | $-14.7M |
| Income Tax Expense | — | $129.0K | $-40.0K | $-16.0K | $14.0K | $4.0K | $260.0K | $0 |
| Net Income | — | $-586.0K | $781.0K | $9.1M | $6.1M | $4.3M | $-8.5M | $-14.7M |
| Net Margin | — | -1.1% | 1.5% | 14.2% | 10.2% | 7.9% | -20.3% | -39.1% |
| EPS (Basic) | — | $-0.03 | $0.04 | $0.44 | $0.30 | $0.22 | $-0.45 | $-0.85 |
| EPS (Diluted) | — | $-0.03 | $0.04 | $0.42 | $0.29 | $0.22 | $-0.45 | $-0.85 |
| Shares Outstanding (Basic) | 23.1M | 22.6M | 21.6M | 20.7M | 20.1M | 19.4M | 18.8M | 17.3M |
| Shares Outstanding (Diluted) | 23.1M | 22.6M | 22.2M | 21.4M | 20.8M | 20.0M | 18.8M | 17.3M |
| Dividends Per Share | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |