MRAM Q2 FY2026 earnings: EPS far above expectations
Everspin Technologies reported Q2 FY2026. EPS came in at $0.11 against a -$0.03 consensus, far above expectations. Gross margin was 53.9%, up 120 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.11 | -$0.03 | far above expectations |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $18.7M | +26.0% | +41.9% |
| Gross profit | $10.1M | +28.7% | +49.2% |
| Operating income | $-4.4M | -61.4% | -123.5% |
| Net income | $-3.6M | -1112.5% | -435.7% |
| Diluted EPS | -$0.15 | -1071.9% | -403.4% |
| Gross margin: 53.9%. |
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The trend
Revenue is up 41.9% from the same quarter last year. Gross margin sits at 53.9%, a new high for the period charted.
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How it stacks up
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