Everspin (MRAM) Revenue & Revenue Breakdown

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Everspin Revenue Highlights

Latest Revenue (Y)

$50.40M

Latest Revenue (Q)

$12.09M

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
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 $12.09M in revenue during Q3 2024, up 13.70% compared to the previous quarter, and up 76.80% 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	-	-	-	-
Product and Service, Other	$1.15M	-	-	-	-
Royalty	$700.00K	-	-	-	-
Product	$42.20M	$39.85M	-	-	-
Other revenue	-	$2.30M	$1.60M	$3.94M	-
Product sales	-	$53.12M	$55.03M	$43.93M	-
Royalties	-	$862.00K	$300.00K	$800.00K	-
Licensing	-	$7.48M	$1.94M	-	-
Patents Product	-	-	-	$5.25M	-
Licensing Royalty And Other Revenues Customers	-	-	-	-	$2.18M
Product Non Affiliate	-	-	-	-	$39.85M

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	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	Mar 20
License	$4.84M	$1.20M	$306.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other	$544.00K	$341.00K	$268.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$21.87M	$10.44M	$9.89M	$10.19M	$9.07M	$9.71M	$9.58M	$10.93M	$9.63M	-	-	-	-	-	-	-	-	-	-	-
Royalty	$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	-	-	-	-	-	-
Royalties	-	-	-	$107.00K	$301.00K	$232.00K	$236.00K	$93.00K	$526.00K	$264.00K	$224.00K	$400.00K	$409.00K	$274.00K	-	-	-	-	-	-
Product sales	-	-	-	$10.86M	$12.40M	$13.54M	$13.41M	$13.78M	$14.57M	$14.57M	$13.22M	$12.67M	$12.64M	$12.04M	-	-	-	-	-	-
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	-
Licensing Royalty And Other Revenues Customers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$473.00K
Product Non Affiliate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.63M

Everspin's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product (79.04%), License (17.51%), Product and Service, Other (1.97%), and Royalty (1.49%).

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	-	-	-	-
JP	$5.97M	-	-	-	-
SG	$3.36M	-	-	-	-
US	$9.97M	-	-	-	-
All Other Country	$6.97M	$3.93M	-	-	-
Germany	-	$9.77M	$3.84M	-	-
United States	-	$14.60M	$14.59M	$15.66M	-
Singapore	-	$4.29M	-	-	-
Japan	-	$12.22M	$12.44M	$7.32M	-
Hong Kong	-	$10.75M	$12.82M	$17.40M	-
All other	-	$8.10M	$6.89M	$8.24M	-
Canada	-	$1.32M	$5.67M	$3.80M	-
China	-	$2.73M	$3.74M	$2.73M	-
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	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	Sep 19
North America	$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	$1.53M
EMEA	$2.30M	$1.27M	$2.79M	$3.20M	$3.27M	$4.33M	$3.02M	$2.23M	$2.56M	$2.01M	$-1.62M	$4.20M	-	-	-	-	-	-	-	-
Asia Pacific	$7.92M	$6.31M	$1.37M	$1.38M	$7.04M	$7.15M	$8.39M	$6.90M	$6.26M	$5.60M	-	-	-	-	-	-	-	-	-	-
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	$2.05M

Everspin's latest quarterly revenue breakdown by geography, as of Sep 24: Asia Pacific (65.52%), EMEA (18.99%), and North America (15.50%).

Everspin Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMKR	Amkor	$6.32B	$1.86B
DIOD	Diodes	$1.31B	$350.08M
MTSI	MACOM Technology Solutions	$729.58M	$218.12M
SLAB	Silicon Laboratories	$584.39M	$166.40M
POWI	Power Integrations	$418.97M	$106.20M
MXL	MaxLinear	$360.53M	$81.10M
MX	Magnachip Semiconductor	$231.74M	$65.93M
SITM	SiTime	$202.70M	$43.87M
CEVA	CEVA	$106.94M	$27.21M
NA	Nano Labs	$78.34M	$13.03M
MRAM	Everspin	$50.40M	$12.09M
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 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). The company's quarterly revenue for Q2 2024 was $10.64M, a -26.29% decrease from the previous quarter (Q1 2024), and a -32.46% decrease year-over-year (Q2 2023). MRAM's quarterly revenue for Q1 2024 was $14.43M, a -13.62% decrease from the previous quarter (Q4 2023), and a -2.80% decrease year-over-year (Q1 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, Product and Service, Other, Royalty, and Product. License generated $6.35M in revenue, accounting 12.59% of the company's total revenue Product and Service, Other generated $1.15M in revenue, accounting 2.29% of the company's total revenue Royalty generated $700K in revenue, accounting 1.39% 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.