Everspin Technologies announced its financial results for Q4 2025, with a 12% increase in revenues to $14.8 million, and a net income of $2.6 million. Everspin says that its strong Q4 performance reflects the growing demand for its MRAM solutions across various sectors, especially in data centers, energy managements, aerospace and industrial automation.
Everspin ended the quarter with cash and cash equivalents of $44.5 million, down $0.8 million from $45.3 million at the end of Q3 2025.
Everspin also updates that in 2025, it had a total of 238 design wins - up 33% from 2024 (178 wins), with new programs in industrial automation, casino gaming, energy management, and military and aerospace applications.
For the current Q1 2026 quarter, Everspin expects revenue to remain consistent with Q4 2025, ranging between $14 million and $15 million.
Disclosure: the Author of this post holds shares in Everspin
