Everspin (MRAM) Revenue & Revenue Breakdown

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Everspin Revenue Highlights

Latest Revenue (Y)

$50.40M

Latest Revenue (Q)

$13.14M

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
2025-03-31	$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 $13.14M in revenue during Q1 2025, up -0.79% compared to the previous quarter, and up 78.64% 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
License	$6.35M	-	-	-	-
Royalty	$700.00K	-	-	-	-
Product and Service, Other	$1.15M	-	-	-	-
Product	$42.20M	$39.85M	-	-	-
Royalties	-	$862.00K	$300.00K	$800.00K	-
Licensing	-	$7.48M	$1.94M	-	-
Other revenue	-	$2.30M	$1.60M	$3.94M	-
Product sales	-	$53.12M	$55.03M	$43.93M	-
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	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	Jun 20
Product and Service, Other	$1.47M	$544.00K	$341.00K	$268.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License	$511.00K	$4.84M	$1.20M	$306.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$11.03M	$21.87M	$10.44M	$9.89M	$10.19M	$9.07M	$9.71M	$9.58M	$10.93M	-	-	-	-	-	-	-	-	-	-	-
Royalty	$132.00K	$411.00K	$114.00K	$175.00K	$372.00K	$966.00K	$155.00K	$179.00K	$256.00K	-	-	-	-	-	-	-	-	-	-	-
Other revenue	-	-	-	-	$242.00K	$1.24M	$798.00K	$206.00K	$58.00K	$58.00K	$354.00K	$489.00K	$701.00K	$1.23M	$1.18M	-	-	-	-	-
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	-	-	-	-	-
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	$643.00K

Everspin's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Product (83.92%), Product and Service, Other (11.18%), License (3.89%), and Royalty (1.00%).

Everspin Revenue Breakdown by Country

Annual Revenue by Country

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

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	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	Dec 19
Asia Pacific	$7.26M	$7.92M	$6.31M	$1.37M	$1.38M	$7.04M	$7.15M	$8.39M	$6.90M	$6.26M	-	-	-	-	-	-	-	-	-	-
EMEA	$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	$2.48M	$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	$1.45M
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	$1.94M

Everspin's latest quarterly revenue breakdown by geography, as of Mar 25: Asia Pacific (55.25%), EMEA (25.85%), and North America (18.90%).

Everspin Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMKR	Amkor	$6.32B	$1.32B
DIOD	Diodes	$1.31B	$339.30M
MTSI	MACOM Technology Solutions	$729.58M	$218.12M
SLAB	Silicon Laboratories	$584.39M	$177.71M
POWI	Power Integrations	$418.97M	$105.53M
MXL	MaxLinear	$360.53M	$95.93M
MX	Magnachip Semiconductor	$231.74M	$44.72M
SITM	SiTime	$202.70M	$68.11M
CEVA	CEVA	$106.94M	$29.22M
NA	Nano Labs	$78.34M	$13.03M
MRAM	Everspin	$50.40M	$13.14M
WKEY	WISeKey	$31.00M	$15.66M
LAES	SEALSQ	$30.06M	$17.29M
LEDS	SemiLEDs	$5.18M	$1.26M
WISA	WiSA	$2.08M	$1.17M

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 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). The company'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). MRAM's quarterly revenue for Q3 2024 was $12.09M, a 13.70% increase from the previous quarter (Q2 2024), and a -26.56% decrease year-over-year (Q3 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 License, Royalty, Product and Service, Other, and Product. License generated $6.35M in revenue, accounting 12.59% of the company's total revenue 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 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.