Singapore was Everspin Technologies’s largest region in fiscal 2025, bringing in $13.15M of $26.43M (50%).
| Geography | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| All Other | $5.82M | $8.10M | $6.97M | — | ||||||||
| United States | $14.59M | — | $9.97M | — | ||||||||
| Us | — | $14.60M | — | — | ||||||||
| Hong Kong | $12.82M | — | $16.22M | — | ||||||||
| Hk | — | $10.75M | — | — | ||||||||
| Japan | $12.44M | — | $5.97M | $6.07M | ||||||||
| Jp | — | $12.22M | — | — | ||||||||
| Singapore | $1.08M | — | $3.36M | $13.15M | ||||||||
| Sg | — | $4.29M | — | — | ||||||||
| Germany | $3.84M | — | $7.17M | $6.19M | ||||||||
| De | — | $9.77M | — | — | ||||||||
| Cn | — | $2.73M | — | — | ||||||||
| China | $3.74M | — | — | — | ||||||||
| Taiwan | — | — | — | — | ||||||||
| Canada | $5.67M | — | $742.00K | $1.03M | ||||||||
| Ca | — | $1.32M | — | — | ||||||||
| Total | $59.99M | $63.77M | $50.40M | $26.43M |
Everspin Technologies brought in $26.43M from its four regions in fiscal 2025, the year ended December 31, 2025. That is less than the $62.11M it reports by product and service, so these regions do not cover all of its revenue. Singapore was the largest at $13.15M (49.8%), ahead of Germany at $6.19M (23.4%) and Japan at $6.07M (22.9%). The remaining region, Canada, brought in $1.03M.
Compared with fiscal 2024, Singapore grew fastest, up 291.1% to $13.15M, while Germany fell the most, down 13.7% to $6.19M. Some of that change comes from Everspin Technologies regrouping its regions.
Everspin Technologies stopped reporting Hong Kong ($16.22M in fiscal 2024), Us ($14.60M in fiscal 2023), Jp ($12.22M in fiscal 2023) and eight others as separate regions.
Product Sales was Everspin Technologies’s largest product and service line in fiscal 2025, bringing in $48.29M of $62.11M (78%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Product Sales | $55.03M | $53.12M | $42.20M | $48.29M | ||||
| Product Non Affiliate | — | — | — | — | ||||
| Licensing, Royalty, Patent, Engineering Services & Other Revenue | — | — | — | $6.91M | ||||
| Patents | — | — | — | — | ||||
| Licensing | $1.94M | $7.48M | $6.35M | $1.11M | ||||
| License Fees | — | — | — | — | ||||
| Engineering Services & Other Revenue | — | — | $1.15M | $5.03M | ||||
| Other Revenue | $1.60M | $2.30M | — | — | ||||
| Royalties | $1.41M | $862.00K | $700.00K | $774.00K | ||||
| Total | $59.99M | $63.77M | $50.40M | $62.11M |
Everspin Technologies brought in $62.11M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. Everspin Technologies regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $50.40M. Product Sales was the largest at $48.29M (77.7%), ahead of Licensing, Royalty, Patent, Engineering Services & Other Revenue at $6.91M (11.1%) and Engineering Services & Other Revenue at $5.03M (8.1%). The other two lines brought in $1.88M combined.
Compared with fiscal 2024, Engineering Services & Other Revenue grew 336.1% to $5.03M and Product Sales grew 14.4% to $48.29M.
Everspin Technologies began breaking out Licensing, Royalty, Patent, Engineering Services & Other Revenue in fiscal 2025 and Engineering Services & Other Revenue in fiscal 2024. Everspin Technologies stopped reporting Other Revenue as a separate line after fiscal 2023, when it brought in $2.30M.
Distributor was Everspin Technologies’s largest revenue line in fiscal 2025, bringing in $41.67M of $55.20M (75%).
| Contract with Customer, Sales Channel | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Distributor | $50.94M | $49.85M | $39.94M | $41.67M | ||||
| Non-Distributor | $9.04M | $13.92M | $10.46M | $13.54M | ||||
| Total | $59.99M | $63.77M | $50.40M | $55.20M |
Everspin Technologies brought in $55.20M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $62.11M it reports by product and service, so these revenue lines do not cover all of its revenue. Distributor was the largest at $41.67M (75.5%), ahead of Non-Distributor at $13.54M (24.5%).
Compared with fiscal 2024, Non-Distributor grew 29.4% to $13.54M and Distributor grew 4.3% to $41.67M.
Everspin Technologies (MRAM) reports its revenue by geography, by product and service and by contract with customer, sales channel. In fiscal 2025, Singapore was its largest region, bringing in $13.15M (49.8% of the total), followed by Germany at $6.19M (23.4%).
Singapore was Everspin Technologies' largest region in fiscal 2025, bringing in $13.15M, or 49.8% of the $26.43M total across its four regions.
Product Sales was Everspin Technologies' largest product and service line in fiscal 2025, bringing in $48.29M, or 77.7% of the $62.11M total across its five product and service lines.
Distributor was Everspin Technologies' largest revenue line in fiscal 2025, bringing in $41.67M, or 75.5% of the $55.20M total across its two revenue lines.
Non-Distributor grew faster than Distributor in fiscal 2025, up 29.4% from $10.46M to $13.54M. Distributor grew 4.3% to $41.67M.
Every figure comes from Everspin Technologies' annual financial filings, as reported. Each line keeps the name Everspin Technologies gives it, and years follow its fiscal calendar.
Everspin Technologies' revenue by geography goes back to fiscal 2014, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.