Everspin reports its financial results for Q3 2026, with record revenues of $20.6 million
Everspin Technologies announced its financial results for Q3 2026. Driven by continued strong product revenue growth, Everspin generated $20.6 million in revenues (up from $14.1 million in Q3 2025), with MRAM product sales of $16.9 million (up from $12.7 million last year). The company reported a net loss of $7.2 million, compared to an income of $54,000 in 2025. The company’s results were significantly impacted by litigation expenses of $6.0 million and regulatory provision of $2.7 million in the current quarter.
Everspin says that its sales growth was s led by strength in Industrial Automation, Data Center, Medical and Energy Management. This was a record quarter for the company (the previous record was last quarter, with $18.7 million). For the fourth quarter of 2026, Everspin expects total revenue in a range of $21.5 million to $22.5 million.
Source: https://www.mram-info.com/everspin-reports-its-financial-results-q3-2026-record-revenues-206-million
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