Latest revenue
$14.9M
as of 2026-03-31
Latest net income
$-296.0K
as of 2026-03-31
Net margin
-2.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $789.7M
- Enterprise value
- $789.7M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $51.50
- 52-wk low
- $5.49
- Beta
- —
- Shares out
- 23.4M
5-year trend
What this company does
Item 1. Business General We are a pioneer in the successful commercialization of Magnetoresistive Random Access Memory (MRAM) technology. Our portfolio of MRAM technologies, including Toggle MRAM, Tunnel Magneto Resistance (TMR) Sensors, and Spin-transfer Torque MRAM (STT-MRAM), is delivering superior performance, persistence and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. With over 20 years of MRAM technology and manufacturing leadership, our memory solutions deliver significant value to our customers in key markets such as industrial, medical, automotive/transportation, aerospace and defense, and data center. We are the…
AI summary unavailable — showing raw filing excerpt
Generated from MRAM's filing dated 2026-03-04
Key risks
Table of Contents Item 1A. Risk Factors The following are important factors that could cause actual results or events to differ materially from those contained in any forward-looking statements made by us or on our behalf. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties not presently known to us or that we deem immaterial also may impair our business operations. If any of the following risks or such other risks actually occurs, our business, financial condition, results of operations and cash flows could be harmed. Risk Factors Related to Our Business and Our Industry We are subject to the cyclical nature of the semiconductor…
AI summary unavailable — showing raw filing excerpt
Generated from MRAM's filing dated 2026-03-04
Profitability
Gross margin
51.2%
1.3%Operating margin
-11.8%
16.2%Net margin
-1.1%
168.5%Return on equity
-0.9%
168.1%Return on assets
-0.7%
169.0%Leverage
Debt / equity
0.23×
6.2%Long-term debt / equity
0.00×
99.2%Debt / assets
18.5%
5.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $14.9M | +13.2% | $-296.0K | +74.6% | -2.0% |
Q4 2025 2025-12-31 | $14.8M | +11.8% | $1.2M | -69.5% | 8.1% |
Q3 2025 2025-09-30 | $14.1M | +16.3% | $54.0K | +112.5% | 0.4% |
Q2 2025 2025-06-30 | $13.2M | +24.1% | $-670.0K | +73.2% | -5.1% |
Q1 2025 2025-03-31 | $13.1M | -9.0% | $-1.2M | -477.2% | -8.9% |
Q4 2024 2024-12-31 | $13.2M | — | $3.9M | — | 29.6% |
Q3 2024 2024-09-30 | $12.1M | -26.6% | $-433.0K | -117.8% | -3.6% |
Q2 2024 2024-06-30 | $10.6M | -32.5% | $-2.5M | -164.4% | -23.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Semiconductors & Related Devices · SIC 3674
Your notes
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Insider activity
Insider buying
$0
Insider selling
$9.6M
Net activity
−$9.6M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MRAM
Institutional value
$28.8M
Total shares held
4.3M
Distinct holders
47
-39 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 811.6K | $7.1M | — | New |
| 2 | Herald Investment Management Ltd | 600.0K | $5.2M | -200.0K (-25.0%) | Trimmed |
| 3 | DIMENSIONAL FUND ADVISORS LP | 409.0K | $3.6M | +46.9K (+13.0%) | Added |
| 4 | BlackRock, Inc. | 351.6K | $3.1M | -85.7K (-19.6%) | Trimmed |
| 5 | JANE STREET GROUP, LLC | 309.6K | $2.7M | +125.6K (+68.3%) | Added |
| 6 | VANGUARD FIDUCIARY TRUST CO | 110.9K | $974.4K | — | New |
| 7 | Oppenheimer & Close, LLC | 69.0K | $606.2K | +0 (+0.0%) | No change |
| 8 | SEI INVESTMENTS CO | 66.2K | $581.9K | +13.5K (+25.7%) | Added |
| 9 | EAM Investors, LLC | 51.3K | $451.1K | -35.2K (-40.7%) | Trimmed |
| 10 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 48.7K | $428.5K | +3.2K (+7.0%) | Added |
| 11 | Green Alpha Advisors, LLC | 44.6K | $391.9K | -1.4K (-3.0%) | Trimmed |
| 12 | Bank of New York Mellon Corp | 40.6K | $356.9K | -9.5K (-18.9%) | Trimmed |
| 13 | DOVER ADVISORS, LLC | 39.6K | $348.5K | — | New |
| 14 | HSBC HOLDINGS PLC | 34.8K | $300.2K | -41.6K (-54.5%) | Trimmed |
| 15 | Hudson Bay Capital Management LP | 33.6K | $295.0K | +4.8K (+16.8%) | Added |
| 16 | Pathstone Holdings, LLC | 33.3K | $292.6K | -375 (-1.1%) | Trimmed |
| 17 | RITHOLTZ WEALTH MANAGEMENT | 27.7K | $243.5K | -3.1K (-10.2%) | Trimmed |
| 18 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 25.1K | $238.2K | — | New |
| 19 | State of Wyoming | 21.5K | $189.2K | — | New |
| 20 | STIFEL FINANCIAL CORP | 19.9K | $175.2K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once MRAM's latest filing finishes processing.