Blaize vs Everspin Technologies
Everspin Technologies reported revenue of $55 million in fiscal 2025, 1.4 times Blaize's $39 million in fiscal 2025. Blaize's revenue grew 2386.0% in its latest year, and Everspin Technologies' grew 9.5%. Blaize had an operating margin of -268.8%, against -11.8% at Everspin Technologies. Free cash flow was −$75 million at Blaize and $3 million at Everspin Technologies.
Side by side
| Blaize | Everspin Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $39M | $55M |
| Revenue growth | 2,386.0% | 9.5% |
| Revenue growth a year, last 5 years | — | 5.6% |
| Gross margin | 16.0% | 51.2% |
| Operating margin | −268.8% | −11.8% |
| Net margin | −535.6% | −1.1% |
| Free cash flow | −$75M | $3M |
| Free cash flow margin | −192.9% | 5.7% |
| Return on capital | — | −20.4% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 496.7% | 1.9% |
| Last close | $0.20 | $11.74 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | — | sold $18.5 million |
| Piotroski F-score | — | 3 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BlaizeEverspin Technologies
Operating margin
Percent of revenue
BlaizeEverspin Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BlaizeEverspin Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Blaize and Everspin Technologies pages.