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MRAMEverspin Technologies, Inc.
$25.53$595M
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  3. Financial Ratios
  4. Quarterly

Everspin Technologies, Inc. (MRAM) Quarterly Financial Ratios

Last 43 quarters of trend data · Technology · Semiconductors

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-981.92—46.221011.96——29.1514.75——24.8622.3412.79
——+58.5%+6760.7%——+17.3%-34.0%——-46.2%+43.2%-21.9%
P/S Ratio10.793.423.743.832.682.152.662.683.042.922.933.263.10
—+58.8%+40.4%+42.9%-11.7%-26.2%-9.1%-17.7%-2.2%+22.1%+62.2%+67.0%+70.7%
P/B Ratio8.362.903.213.272.211.802.252.192.333.023.634.264.24
—+61.3%+42.6%+49.6%-5.2%-40.5%-37.9%-48.6%-45.1%-13.7%+23.8%+31.6%+31.9%
P/FCF190.71——99.2211.6953.68677.7011.6919.14—28.4715.167.79
———+749.0%-38.9%—+2280.8%-22.9%+145.7%—+278.6%-70.2%-2.5%
EV / EBITDA——————————21.7620.4622.40
——————————-24.6%+66.8%+90.5%
EV / EBIT———852.50——23.7810.42——21.0419.0226.32
———+8080.5%——+13.1%-45.2%——-39.7%+42.6%+100.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Everspin Technologies, Inc.'s operating margin was -18.3% in Q1 2026, down 11.0 pp QoQ and down 3.6 pp YoY. The trailing four-quarter average of -12.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin51.2%52.7%50.8%51.3%51.3%51.4%51.3%49.2%49.0%56.5%58.1%60.2%58.4%
—+2.6%-1.1%+4.1%+4.5%-9.1%-11.6%-18.3%-16.0%-0.4%+13.0%+2.4%-0.1%
Operating Margin-11.8%-18.3%-7.2%-11.0%-14.9%-14.7%-11.8%-17.5%-26.5%-4.2%9.5%12.0%10.3%
—-24.2%+38.5%+37.2%+44.0%-253.7%-223.8%-245.5%-357.2%-188.7%+170.0%-4.1%-12.9%
Net Margin-1.1%-2.0%8.1%0.4%-5.1%-8.4%9.2%18.8%-23.5%-1.4%11.8%14.8%24.7%
—+76.4%-11.9%-98.0%+78.4%-501.4%-22.2%+26.8%-195.3%-127.3%+200.0%+18.3%+117.1%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-0.9%-0.4%1.8%0.1%-1.1%-1.8%2.0%4.0%-4.5%-0.4%3.8%5.1%9.0%
—+75.8%-10.9%-97.9%+76.6%-378.1%-47.2%-21.7%-150.2%-119.2%+131.0%-7.2%+69.9%
ROA-0.7%-0.4%1.5%0.1%-0.8%-1.4%1.6%3.3%-3.8%-0.3%3.0%4.1%7.1%
—+74.8%-10.1%-98.0%+78.0%-362.4%-46.6%-18.3%-154.0%-121.4%+167.5%+5.9%+87.7%
ROIC-18.4%-6.7%-3.1%-4.9%-6.1%-5.8%-4.7%-6.5%-8.4%-1.8%5.4%7.0%5.5%
—-16.9%+34.3%+25.0%+27.3%-214.2%-186.4%-193.9%-252.0%-177.2%+192.6%-0.2%-24.0%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 8.5% YoY to 5.76x, strengthening the short-term liquidity position. Debt/Equity has declined for 12 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.050.040.050.060.060.070.070.080.100.100.100.120.13
—-37.7%-34.7%-33.4%-34.4%-31.5%-28.3%-28.2%-28.7%-36.8%-57.0%-57.8%-40.4%
Debt / EBITDA——————————2.962.593.22
——————————-73.6%-45.1%-15.9%
Current Ratio4.845.764.845.845.875.316.486.7411.119.566.596.977.94
—+8.5%-25.2%-13.3%-47.1%-44.5%-1.8%-3.3%+39.8%+41.9%+60.2%+73.1%+92.1%
Quick Ratio4.054.744.054.814.854.445.565.859.518.205.645.856.72
—+6.9%-27.2%-17.9%-49.0%-45.9%-1.4%-0.0%+41.5%+42.9%+61.1%+76.9%+93.7%
Interest Coverage—————————————
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 43 years · Updated daily

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MRAM — Frequently Asked Questions

Quick answers to the most common questions about buying MRAM stock.

What is Everspin Technologies, Inc.'s quarterly P/E ratio trend?

Everspin Technologies, Inc.'s current P/E is -981.9x. The average P/E over the last 2 quarters is 529.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Everspin Technologies, Inc.'s margins change by quarter?

Everspin Technologies, Inc.'s current operating margin is -11.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at MRAM quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Everspin Technologies, Inc.'s business trajectory between earnings reports.