Everspin Technologies — Third Quarter 2026 Earnings Summary

Everspin Technologies reported total revenue of $20.6 million for the third quarter of 2026, representing a 47% increase from the same period in 2025. The company recorded a GAAP net loss of $7.2 million, significantly impacted by $6.0 million in litigation expenses and a $2.7 million regulatory provision, while non-GAAP net income rose to $3.1 million. Gross margin remained stable at 51.4%, and cash and cash equivalents totaled $43.0 million as of September 30, 2026. For the fourth quarter of 2026, the company forecasts total revenue between $21.5 million and $22.5 million.