Everspin Technologies Reports Record Third-Quarter 2026 Financial Results

Everspin Technologies reported record third-quarter 2026 revenue of $20.6 million, above its guidance range, and non-GAAP earnings of $0.12 per diluted share, within its prior outlook of $0.10 to $0.15. The company ended the quarter with $43 million in cash and no debt, and forecast fourth-quarter revenue of $21.5 million to $22.5 million. Everspin also reported progress on its Toggle, sensor and STT-MRAM products and plans to prototype a new 256-megabit xSPI product.