Quick Answer
EVERSPIN TECHNOLOGIES INC. reported R&D Expense of $14.09 million for fiscal year 2025.
EVERSPIN TECHNOLOGIES INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $14.09M | +2.9% |
| 2024 | $13.69M | +16.2% |
| 2023 | $11.78M | +6.0% |
| 2022 | $11.11M | -12.0% |
| 2021 | $12.63M | +15.9% |
| 2020 | $10.90M | -23.2% |
| 2019 | $14.18M | -40.0% |
| 2018 | $23.64M | -7.1% |
| 2017 | $25.44M | +32.3% |
| 2016 | $19.23M | -9.0% |
| 2015 | $21.13M | +66.8% |
| 2014 | $12.66M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $3.58M | +5.9% | +0.1% |
| June 30, 2025 | $3.58M | +3.6% | +6.7% |
| March 31, 2025 | $3.36M | -1.8% | -0.8% |
| September 30, 2024 | $3.38M | +27.3% | -2.1% |
| June 30, 2024 | $3.46M | +27.7% | +1.1% |
| March 31, 2024 | $3.42M | +6.8% | +28.5% |
| September 30, 2023 | $2.66M | -7.6% | -1.8% |
| June 30, 2023 | $2.71M | +0.3% | -15.3% |
- EVERSPIN TECHNOLOGIES INC. showed an increase of +2.9% in R&D Expense compared to the prior fiscal year.
- Over the 2014–2025 period, EVERSPIN TECHNOLOGIES INC.’s r&d expense has grown by 11.2% (from $12.66 million to $14.09 million).
- The most recent figure is from EVERSPIN TECHNOLOGIES INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 4, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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