Everspin (MRAM) Revenue & Revenue Breakdown

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Everspin Revenue Highlights

Latest Revenue (Y)

$50.40M

Latest Revenue (Q)

$13.20M

Main Segment (Y)

Product

Main Geography (Y)

Everspin Revenue by Period

Everspin Revenue by Year

Date	Revenue	Change
2024-12-31	$50.40M	-20.96%
2023-12-31	$63.77M	6.30%
2022-12-31	$59.98M	8.77%
2021-12-31	$55.15M	31.20%
2020-12-31	$42.03M	12.07%
2019-12-31	$37.50M	-24.11%
2018-12-31	$49.42M	37.51%
2017-12-31	$35.94M	32.63%
2016-12-31	$27.09M	2.06%
2015-12-31	$26.55M	6.63%
2014-12-31	$24.90M	-

Everspin generated $50.40M in revenue during NA 2024, up -20.96% compared to the previous quarter, and up 134.39% compared to the same period a year ago.

Everspin Revenue by Quarter

Date	Revenue	Change
2025-06-30	$13.20M	0.48%
2025-03-31	$13.14M	-0.79%
2024-12-31	$13.24M	9.51%
2024-09-30	$12.09M	13.70%
2024-06-30	$10.64M	-26.29%
2024-03-31	$14.43M	-13.62%
2023-12-31	$16.71M	1.46%
2023-09-30	$16.47M	4.57%
2023-06-30	$15.75M	6.07%
2023-03-31	$14.85M	-5.38%
2022-12-31	$15.69M	2.95%
2022-09-30	$15.24M	3.63%
2022-06-30	$14.71M	2.51%
2022-03-31	$14.35M	-21.27%
2021-12-31	$18.22M	23.17%
2021-09-30	$14.79M	24.87%
2021-06-30	$11.85M	15.25%
2021-03-31	$10.28M	3.04%
2020-12-31	$9.98M	-1.41%
2020-09-30	$10.12M	-14.43%
2020-06-30	$11.83M	17.00%
2020-03-31	$10.11M	4.71%
2019-12-31	$9.65M	5.18%
2019-09-30	$9.18M	6.15%
2019-06-30	$8.65M	-13.76%
2019-03-31	$10.03M	-18.36%
2018-12-31	$12.28M	6.62%
2018-09-30	$11.52M	6.99%
2018-06-30	$10.77M	-27.52%
2018-03-31	$14.85M	46.73%
2017-12-31	$10.12M	12.38%
2017-09-30	$9.01M	0.93%
2017-06-30	$8.93M	13.26%
2017-03-31	$7.88M	11.55%
2016-12-31	$7.06M	-1.40%
2016-09-30	$7.16M	7.58%
2016-06-30	$6.66M	7.28%
2016-03-31	$6.21M	-8.72%
2015-12-31	$6.80M	-4.12%
2015-09-30	$7.09M	-

Everspin generated $13.20M in revenue during Q2 2025, up 0.48% compared to the previous quarter, and up 91.48% compared to the same period a year ago.

Everspin Revenue Breakdown

Everspin Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Royalty	$700.00K	-	-	-	-
Product and Service, Other	$1.15M	-	-	-	-
License	$6.35M	-	-	-	-
Product	$42.20M	$39.85M	-	-	-
Licensing	-	$7.48M	$1.94M	-	-
Royalties	-	$862.00K	$300.00K	$800.00K	-
Product sales	-	$53.12M	$55.03M	$43.93M	-
Other revenue	-	$2.30M	$1.60M	$3.94M	-
Patents Product	-	-	-	$5.25M	-
Product Non Affiliate	-	-	-	-	$39.85M
Licensing Royalty And Other Revenues Customers	-	-	-	-	$2.18M

Everspin's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (83.73%), License (12.59%), Product and Service, Other (2.29%), and Royalty (1.39%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Product and Service, Other	$1.14M	$1.47M	$544.00K	$341.00K	$268.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$11.09M	$11.03M	$21.87M	$10.44M	$9.89M	$10.19M	$9.07M	$9.71M	$9.58M	-	-	-	-	-	-	-	-	-	-	-
Royalty	$325.00K	$132.00K	$411.00K	$114.00K	$175.00K	$372.00K	$966.00K	$155.00K	$179.00K	-	-	-	-	-	-	-	-	-	-	-
License	$643.00K	$511.00K	$4.84M	$1.20M	$306.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product sales	-	-	-	-	-	$10.86M	$12.40M	$13.54M	$13.41M	$13.78M	$14.57M	$14.57M	$13.22M	$12.67M	$12.64M	$12.04M	-	-	-	-
Royalties	-	-	-	-	-	$107.00K	$301.00K	$232.00K	$236.00K	$93.00K	$526.00K	$264.00K	$224.00K	$400.00K	$409.00K	$274.00K	-	-	-	-
Other revenue	-	-	-	-	-	$242.00K	$1.24M	$798.00K	$206.00K	$58.00K	$58.00K	$354.00K	$489.00K	$701.00K	$1.23M	$1.18M	-	-	-	-
Licensing	-	-	-	-	-	$3.22M	$2.77M	$1.89M	$1.90M	$918.00K	$539.00K	$52.00K	$771.00K	$575.00K	-	-	-	-	-	-
Patents Product	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.94M	-	-	-	-	-
Product And Service Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.29M	$246.00K	$113.00K	$364.00K

Everspin's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Product (84.02%), Product and Service, Other (8.65%), License (4.87%), and Royalty (2.46%).

Everspin Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
JP	$5.97M	-	-	-	-
SG	$3.36M	-	-	-	-
US	$9.97M	-	-	-	-
All Other Country	$6.97M	$3.93M	-	-	-
CA	$742.00K	-	-	-	-
DE	$7.17M	-	-	-	-
All other	-	$8.10M	$6.89M	$8.24M	-
China	-	$2.73M	$3.74M	$2.73M	-
Canada	-	$1.32M	$5.67M	$3.80M	-
United States	-	$14.60M	$14.59M	$15.66M	-
Singapore	-	$4.29M	-	-	-
Germany	-	$9.77M	$3.84M	-	-
Japan	-	$12.22M	$12.44M	$7.32M	-
Hong Kong	-	$10.75M	$12.82M	$17.40M	-
H	-	-	-	-	$18.26M
C	-	-	-	-	$2.40M
U	-	-	-	-	$5.74M
J	-	-	-	-	$5.40M
D	-	-	-	-	$2.87M

Everspin's latest annual revenue breakdown by geography, as of Dec 24: US (29.16%), DE (20.97%), All Other Country (20.38%), JP (17.48%), SG (9.84%), and CA (2.17%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Asia Pacific	$8.58M	$7.26M	$7.92M	$6.31M	$1.37M	$1.38M	$7.04M	$7.15M	$8.39M	$6.90M	-	-	-	-	-	-	-	-	-	-
EMEA	$1.69M	$3.40M	$2.30M	$1.27M	$2.79M	$3.20M	$3.27M	$4.33M	$3.02M	$2.23M	$2.56M	$2.01M	$-1.62M	$4.20M	-	-	-	-	-	-
North America	$2.93M	$2.48M	$1.87M	$3.05M	$4.71M	$4.61M	$4.52M	$2.92M	$4.67M	$2.98M	$3.78M	$3.10M	$-7.66M	$8.52M	$7.79M	$7.16M	$4.22M	$2.11M	$1.82M	$1.10M
APAC	-	-	-	-	$6.93M	$8.66M	$7.96M	$7.59M	$8.00M	$10.03M	$8.37M	$9.23M	$27.50M	$2.08M	-	-	-	-	-	-
E M E A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.69M	$1.74M	$-1.29M	$859.00K	$1.62M	$2.11M

Everspin's latest quarterly revenue breakdown by geography, as of Jun 25: Asia Pacific (65.01%), North America (22.16%), and EMEA (12.82%).

Everspin Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MEI	Methode Electronics	$1.05B	$240.50M
EGHT	8x8	$728.71M	$181.36M
III	Information Services Group	$247.59M	$61.56M
KLTR	Kaltura	$178.72M	$46.98M
STEM	Stem	$144.58M	$32.51M
AXTI	AXT	$99.36M	$17.97M
VLN	Valens Semiconductor	$84.16M	$11.56M
MRAM	Everspin	$50.40M	$13.20M
SQNS	Sequans Communications	$33.62M	$6.03M
TRAK	ReposiTrak	$22.61M	$5.91M

MRAM Revenue FAQ

What is Everspin’s yearly revenue?

Everspin's yearly revenue for 2024 was $50.4M, representing a decrease of -20.96% compared to 2023. The company's yearly revenue for 2023 was $63.76M, representing an increase of 6.30% compared to 2022. MRAM's yearly revenue for 2022 was $59.98M, representing an increase of 8.77% compared to 2021.

What is Everspin’s quarterly revenue?

Everspin's quarterly revenue for Q2 2025 was $13.2M, a 0.48% increase from the previous quarter (Q1 2025), and a 24.12% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $13.14M, a -0.79% decrease from the previous quarter (Q4 2024), and a -8.95% decrease year-over-year (Q1 2024). MRAM's quarterly revenue for Q4 2024 was $13.24M, a 9.51% increase from the previous quarter (Q3 2024), and a -20.73% decrease year-over-year (Q4 2023).

What is Everspin’s revenue growth rate?

Everspin's revenue growth rate for the last 3 years (2022-2024) was -15.98%, and for the last 5 years (2020-2024) was 19.92%.

What are Everspin’s revenue streams?

Everspin's revenue streams in c 24 are Royalty, Product and Service, Other, License, and Product. Royalty generated $700K in revenue, accounting 1.39% of the company's total revenue Product and Service, Other generated $1.15M in revenue, accounting 2.29% of the company's total revenue License generated $6.35M in revenue, accounting 12.59% of the company's total revenue Product generated $42.2M in revenue, accounting 83.73% of the company's total revenue, up 5.91% year-over-year.

What is Everspin’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Everspin was Product. This segment made a revenue of $42.2M, representing 83.73% of the company's total revenue.