Everspin (MRAM) Revenue & Revenue Breakdown
Everspin Revenue Highlights
Latest Revenue (Y)
$63.77M
Latest Revenue (Q)
$12.09M
Main Segment (Y)
Product sales
Main Geography (Y)
United States
Everspin Revenue by Period
Everspin Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 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 $63.77M in revenue during NA 2023, up 6.30% compared to the previous quarter, and up 129.03% 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 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| 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 | - | - |
| Product | - | - | - | $39.85M | $34.59M |
| Licensing Royalty And Other Revenues Customers | - | - | - | $2.18M | - |
| Product Non Affiliate | - | - | - | $39.85M | - |
| Product And Service Other | - | - | - | - | $1.84M |
| Royalty | - | - | - | - | $1.07M |
Everspin's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product sales (83.31%), Licensing (11.72%), Other revenue (3.61%), and Royalties (1.35%).
Quarterly Revenue by Product
| Product/Service | 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 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | $341.00K | $268.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Royalty | $114.00K | $175.00K | $372.00K | $966.00K | $155.00K | $179.00K | $256.00K | $310.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| License | $1.20M | $306.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | $10.44M | $9.89M | $10.19M | $9.07M | $9.71M | $9.58M | $10.93M | $9.63M | $9.20M | - | - | - | - | - | - | - | - | - | - | - |
| Royalties | - | - | $107.00K | $301.00K | $232.00K | $236.00K | $93.00K | $526.00K | $264.00K | $224.00K | $400.00K | $409.00K | $274.00K | - | - | - | - | - | - | - |
| Licensing | - | - | $3.22M | $2.77M | $1.89M | $1.90M | $918.00K | $539.00K | $52.00K | $771.00K | $575.00K | - | - | - | - | - | - | - | - | - |
| Other revenue | - | - | $242.00K | $1.24M | $798.00K | $206.00K | $58.00K | $58.00K | $354.00K | $489.00K | $701.00K | $1.23M | $1.18M | - | - | - | - | - | - | - |
| Product sales | - | - | $10.86M | $12.40M | $13.54M | $13.41M | $13.78M | $14.57M | $14.57M | $13.22M | $12.67M | $12.64M | $12.04M | - | - | - | - | - | - | - |
| Patents Product | - | - | - | - | - | - | - | - | - | - | - | $3.94M | - | - | - | - | - | - | - | - |
| Product And Service Other | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.29M | $246.00K | $113.00K | $364.00K | $643.00K | $144.00K | - |
| 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 Sep 24: Product (86.36%), License (9.88%), Product and Service, Other (2.82%), and Royalty (0.94%).
Everspin Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Germany | $9.77M | $3.84M | - | - | - |
| Hong Kong | $10.75M | $12.82M | $17.40M | - | - |
| Japan | $12.22M | $12.44M | $7.32M | - | - |
| Singapore | $4.29M | - | - | - | - |
| United States | $14.60M | $14.59M | $15.66M | - | - |
| China | $2.73M | $3.74M | $2.73M | - | - |
| Canada | $1.32M | $5.67M | $3.80M | - | - |
| All other | $8.10M | $6.89M | $8.24M | - | - |
| U | - | - | - | $5.74M | $4.92M |
| All Other Country | - | - | - | $3.93M | $9.00M |
| C | - | - | - | $2.40M | $1.36M |
| D | - | - | - | $2.87M | $6.42M |
| H | - | - | - | $18.26M | $10.14M |
| J | - | - | - | $5.40M | $5.66M |
Everspin's latest annual revenue breakdown by geography, as of Dec 23: United States (22.90%), Japan (19.16%), Hong Kong (16.86%), Germany (15.32%), All other (12.70%), Singapore (6.72%), China (4.28%), and Canada (2.08%).
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - | - | - | - | - |
| 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 |
| 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 | $6.50B | $1.86B |
| DIOD | Diodes | $1.66B | $350.08M |
| SGH | SMART Global | $1.44B | $300.58M |
| SLAB | Silicon Laboratories | $782.26M | $166.40M |
| MXL | MaxLinear | $693.26M | $81.10M |
| MTSI | MACOM Technology Solutions | $648.41M | $190.49M |
| POWI | Power Integrations | $444.54M | $106.20M |
| MX | Magnachip Semiconductor | $230.05M | $65.93M |
| SITM | SiTime | $143.99M | $43.87M |
| CEVA | CEVA | $97.42M | $28.44M |
| NA | Nano Labs | $78.34M | $13.03M |
| MRAM | Everspin | $63.77M | $12.09M |
| WKEY | WISeKey | $31.00M | $15.66M |
| LAES | SEALSQ | $30.06M | $17.29M |
| LEDS | SemiLEDs | $5.98M | $1.32M |
| WISA | WiSA | $2.08M | $345.00K |
MRAM Revenue FAQ
What is Everspin’s yearly revenue?
Everspin's yearly revenue for 2023 was $63.76M, representing an increase of 6.30% compared to 2022. The company's yearly revenue for 2022 was $59.98M, representing an increase of 8.77% compared to 2021. MRAM's yearly revenue for 2021 was $55.15M, representing an increase of 31.20% compared to 2020.
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 (2021-2023) was 15.63%, and for the last 5 years (2019-2023) was 70.03%.
What are Everspin’s revenue streams?
Everspin's revenue streams in c 23 are Other revenue, Product sales, Royalties, and Licensing. Other revenue generated $2.3M in revenue, accounting 3.61% of the company's total revenue, up 43.82% year-over-year. Product sales generated $53.12M in revenue, accounting 83.31% of the company's total revenue, down -3.47% year-over-year. Royalties generated $862K in revenue, accounting 1.35% of the company's total revenue, up 187.33% year-over-year. Licensing generated $7.48M in revenue, accounting 11.72% of the company's total revenue, up 285.96% year-over-year.
What is Everspin’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Everspin was Product sales. This segment made a revenue of $53.12M, representing 83.31% of the company's total revenue.