Filing Flows › Everspin Technologies (MRAM) › Q2 2026 › vs Q1 2026
Everspin Technologies (MRAM) Q2 2026 vs Q1 2026 (quarter over quarter)
Everspin Technologies's revenue rose $3.9M (+26%) from $14.9M in Q1 2026 to $18.7M in Q2 2026. The biggest changes: Licensing, royalty, engineering services and other revenue +$2.7M (+343%); Product sales +$1.2M (+9%).
Everspin Technologies, Q2 2026: revenue $18.7M (+42% year over year), operating margin -23.4%, net loss $3.6M, operating cash flow $159K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Engineering services and other revenue | $3.3M | $631K | $2.7M | +420% |
| Royalties | $139K | $141K | −$2K | -1% |
| Licensing, royalty, engineering services and other revenue | $3.4M | $772K | $2.7M | +343% |
| Product sales | $15.3M | $14.1M | $1.2M | +9% |
| Revenue | $18.7M | $14.9M | $3.9M | +26% |
| Other income, net | $794K | $2.4M | −$1.6M | -67% |
| Net loss | $3.6M | $296K | $3.3M | 12× |
| Costs & expenses | $23.1M | $17.6M | $5.5M | +31% |
| Operating costs | $23.1M | $17.6M | $5.5M | +31% |
| Cost of revenue | $8.6M | $7.0M | $1.6M | +23% |
| Research & development | $4.8M | $3.6M | $1.2M | +34% |
| Sales & marketing | $1.8M | $1.9M | −$78K | -4% |
| General & admin | $7.8M | $5.1M | $2.8M | +55% |
| Operating cash sources | $3.7M | $866K | $2.9M | +333% |
| Depreciation & amortization | $708K | $699K | $9K | +1% |
| Share-based compensation | $1.4M | $1.3M | $74K | +6% |
| Working capital & other | $1.7M | −$1.1M | $2.8M | — |
| Net loss absorbed | $3.6M | $296K | $3.3M | 12× |
| Operating cash flow | $159K | $570K | −$411K | -72% |
| Capital expenditures | $1.3M | $4.4M | −$3.0M | -70% |
| Negative free cash flow (OCF − capex) | $1.2M | $3.8M | −$2.6M | -69% |
Questions
How much did Everspin Technologies's revenue grow quarter over quarter in Q2 2026?
Everspin Technologies's revenue rose $3.9M (+26%) from $14.9M in Q1 2026 to $18.7M in Q2 2026.
What drove Everspin Technologies's revenue change in Q2 2026?
Licensing, royalty, engineering services and other revenue +$2.7M (+343%); Product sales +$1.2M (+9%).