AtriCure, Inc. (ATRC) quarterly income statement — complete revenue, gross profit & net income history
AtriCure, Inc. (ATRC) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 153.6M | 141.25M | 140.5M | 134.27M | 136.14M | 123.62M | 124.28M | 115.91M | 116.27M | 108.85M | 106.54M | 98.29M | 100.92M | 93.49M | 88.03M | 83.25M | 84.53M | 74.58M | 73.22M | 70.46M |
| Revenue Growth % | 12.83% | 14.26% | 13.05% | 15.84% | 17.09% | 13.57% | 16.64% | 17.93% | 15.21% | 16.43% | 21.03% | 18.07% | 19.39% | 25.37% | 20.23% | 18.15% | 18.43% | 25.81% | 26.84% | 28.68% |
| Cost of Goods Sold | 34.98M | 31.94M | 35.92M | 32.94M | 34.66M | 30.99M | 31.66M | 29.12M | 30.18M | 28.32M | 27.47M | 24.42M | 23.84M | 23.89M | 22.91M | 21.53M | 21.01M | 18.98M | 18.2M | 18.23M |
| COGS % of Revenue | 22.77% | 22.61% | 25.57% | 24.53% | 25.46% | 25.07% | 25.47% | 25.12% | 25.96% | 26.02% | 25.78% | 24.85% | 23.62% | 25.55% | 26.03% | 25.87% | 24.86% | 25.45% | 24.86% | 25.88% |
| Gross Profit | 118.63M | 109.31M | 104.58M | 101.33M | 101.48M | 92.63M | 92.62M | 86.79M | 86.08M | 80.53M | 79.08M | 73.87M | 77.08M | 69.61M | 65.11M | 61.71M | 63.52M | 55.59M | 55.02M | 52.23M |
| Gross Margin % | 77.23% | 77.39% | 74.43% | 75.47% | 74.54% | 74.93% | 74.53% | 74.88% | 74.04% | 73.98% | 74.22% | 75.15% | 76.38% | 74.45% | 73.97% | 74.13% | 75.14% | 74.55% | 75.14% | 74.12% |
| Gross Profit Growth % | 16.9% | 18.01% | 12.91% | 16.75% | 17.89% | 15.02% | 17.13% | 17.5% | 11.69% | 15.69% | 21.45% | 19.7% | 21.34% | 25.21% | 18.35% | 18.17% | 17.46% | 24.82% | 29.64% | 29.48% |
| Operating Expenses | 108.96M | 108.78M | 101.09M | 101.12M | 107.67M | 98.58M | 107.14M | 94.2M | 93.25M | 91.45M | 87.75M | 81.96M | 81.22M | 75.39M | 69.25M | 72.44M | 77.18M | 69.75M | 67.52M | 61.16M |
| OpEx % of Revenue | 70.94% | 77.02% | 71.95% | 75.31% | 79.09% | 79.75% | 86.21% | 81.27% | 80.2% | 84.01% | 82.36% | 83.38% | 80.48% | 80.64% | 78.67% | 87.01% | 91.3% | 93.52% | 92.22% | 86.8% |
| Selling, General & Admin | 82.56M | 84.55M | 78.34M | 78.23M | 78.39M | 76.05M | 72.19M | 73.24M | 73.6M | 71.6M | 66.95M | 61.6M | 63.78M | 60.06M | 55.5M | 57.27M | 62.39M | 56.12M | 53.71M | 49.87M |
| SG&A % of Revenue | 53.75% | 59.86% | 55.76% | 58.27% | 57.58% | 61.52% | 58.08% | 63.19% | 63.3% | 65.78% | 62.84% | 62.68% | 63.2% | 64.24% | 63.05% | 68.79% | 73.81% | 75.25% | 73.36% | 70.78% |
| Research & Development | 26.4M | 24.23M | 22.75M | 22.89M | 29.28M | 22.53M | 34.96M | 20.96M | 19.66M | 19.84M | 20.8M | 20.35M | 17.44M | 15.33M | 13.75M | 15.17M | 14.79M | 13.63M | 13.81M | 11.28M |
| R&D % of Revenue | 17.19% | 17.16% | 16.19% | 17.05% | 21.51% | 18.22% | 28.13% | 18.08% | 16.91% | 18.23% | 19.52% | 20.71% | 17.28% | 16.39% | 15.62% | 18.22% | 17.5% | 18.28% | 18.86% | 16.01% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87K | 0 | -111K | -93K | 0 | 0 |
| Operating Income | 9.66M | 526K | 3.49M | 208K | -6.19M | -5.95M | -14.52M | -7.41M | -7.17M | -10.92M | -8.67M | -8.09M | -4.14M | -5.78M | -4.14M | -10.72M | -13.66M | -14.15M | -12.5M | -8.93M |
| Operating Margin % | 6.29% | 0.37% | 2.48% | 0.15% | -4.55% | -4.82% | -11.69% | -6.39% | -6.17% | -10.03% | -8.14% | -8.23% | -4.11% | -6.18% | -4.7% | -12.88% | -16.16% | -18.97% | -17.08% | -12.68% |
| Operating Income Growth % | 256.09% | 108.83% | 124.04% | 102.81% | 13.62% | 45.46% | -67.55% | 8.46% | -72.97% | -88.81% | -109.57% | 24.56% | 69.66% | 59.14% | 66.92% | -20.06% | 9.4% | 10.92% | 28.57% | -123.78% |
| EBITDA | 4.39M | 5.8M | 8.6M | 5.38M | -1.02M | -870K | -9.7M | -2.48M | -2.64M | -6.46M | -4.49M | -3.98M | -564K | -2.84M | -1.22M | -7.74M | -10.72M | -11.28M | -9.67M | -6.1M |
| EBITDA Margin % | 2.86% | 4.11% | 6.12% | 4% | -0.75% | -0.7% | -7.8% | -2.14% | -2.27% | -5.94% | -4.21% | -4.05% | -0.56% | -3.04% | -1.38% | -9.29% | -12.69% | -15.13% | -13.21% | -8.66% |
| EBITDA Growth % | 530.17% | 766.55% | 188.67% | 317.08% | 61.34% | 86.54% | -116.02% | 37.73% | -368.26% | -127.72% | -268.86% | 48.58% | 94.74% | 74.84% | 87.41% | -26.76% | 13.66% | 18.02% | 36.95% | -303.64% |
| D&A (Non-Cash Add-back) | -5.27M | 5.27M | 5.11M | 5.17M | 5.17M | 5.08M | 4.83M | 4.93M | 4.53M | 4.45M | 4.18M | 4.11M | 3.58M | 2.94M | 2.92M | 2.99M | 2.94M | 2.87M | 2.83M | 2.83M |
| EBIT | 8.46M | 1.73M | 3.86M | 2.82M | -4.44M | -5.09M | -13.85M | -5.86M | -6.14M | -11.41M | -7.62M | -7.24M | -3.31M | -4.76M | -2.49M | -10.9M | -13.7M | -14.13M | -12.61M | 98.59M |
| Net Interest Income | -139K | -95K | -173K | -923K | -549K | -374K | -247K | -386K | -615K | -725K | -757K | -857K | -758K | -761K | -129K | -954K | -1.02M | -884K | -971K | -1.33M |
| Interest Income | 1.18M | 1.25M | 1.33M | 1.98M | 941K | 1.04M | 1.2M | 1.28M | 997K | 952K | 1.04M | 915K | 961K | 875K | 1.43M | 370K | 76K | 116K | 112K | 117K |
| Interest Expense | 1.32M | 1.34M | 1.5M | 2.91M | 1.49M | 1.42M | 1.45M | 1.67M | 1.61M | 1.68M | 1.8M | 1.77M | 1.72M | 1.64M | 1.56M | 1.32M | 1.1M | 1M | 1.08M | 1.45M |
| Other Income/Expense | -239K | -132K | -1.13M | -294K | 263K | -554K | -779K | -126K | -587K | -2.17M | -748K | -919K | -881K | -616K | 87K | -1.5M | -1.14M | -977K | -1.19M | 106.08M |
| Pretax Income | 9.43M | 394K | 2.36M | -86K | -5.93M | -6.51M | -15.3M | -7.53M | -7.75M | -13.09M | -9.42M | -9.01M | -5.03M | -6.4M | -4.05M | -12.23M | -14.8M | -15.13M | -13.69M | 97.15M |
| Pretax Margin % | 6.14% | 0.28% | 1.68% | -0.06% | -4.36% | -5.26% | -12.31% | -6.5% | -6.67% | -12.02% | -8.84% | -9.16% | -4.98% | -6.84% | -4.6% | -14.69% | -17.5% | -20.28% | -18.69% | 137.87% |
| Income Tax | 471K | 286K | 604K | 181K | 261K | 239K | 266K | 322K | 253K | 183K | 373K | 47K | 93K | 78K | 121K | 46K | 45K | 56K | 53K | 38K |
| Effective Tax Rate % | 5% | 72.59% | 25.59% | -210.47% | -4.4% | -3.67% | -1.74% | -4.28% | -3.26% | -1.4% | -3.96% | -0.52% | -1.85% | -1.22% | -2.99% | -0.38% | -0.3% | -0.37% | -0.39% | 0.04% |
| Net Income | 8.96M | 108K | 1.76M | -267K | -6.19M | -6.75M | -15.57M | -7.85M | -8.01M | -13.27M | -9.79M | -9.05M | -5.12M | -6.48M | -4.17M | -12.27M | -14.84M | -15.18M | -13.74M | 97.11M |
| Net Margin % | 5.83% | 0.08% | 1.25% | -0.2% | -4.55% | -5.46% | -12.53% | -6.78% | -6.89% | -12.19% | -9.19% | -9.21% | -5.07% | -6.93% | -4.74% | -14.74% | -17.56% | -20.36% | -18.77% | 137.82% |
| Net Income Growth % | 244.67% | 101.6% | 111.28% | 96.6% | 22.7% | 49.15% | -59.04% | 13.27% | -56.47% | -104.9% | -134.75% | 26.21% | 65.51% | 57.35% | 69.65% | -112.64% | 8.68% | 10.25% | 25.97% | 2062.17% |
| Net Income (Continuing) | 8.96M | 108K | 1.76M | -267K | -6.19M | -6.75M | -15.57M | -7.85M | -8.01M | -13.27M | -9.79M | -9.05M | -5.12M | -6.48M | -4.17M | -12.27M | -14.84M | -15.18M | -13.74M | 97.11M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.18 | 0.00 | 0.04 | -0.01 | -0.13 | -0.14 | -0.33 | -0.17 | -0.17 | -0.28 | -0.21 | -0.20 | -0.11 | -0.14 | -0.09 | -0.27 | -0.32 | -0.33 | -0.30 | 2.11 |
| EPS Growth % | 238.46% | 101.57% | 110.79% | 96.71% | 23.53% | 50% | -57.14% | 15% | -54.55% | -100% | -131.28% | 25.93% | 65.63% | 57.58% | 69.73% | -112.8% | 11.11% | 13.16% | 28.57% | 2018.18% |
| EPS (Basic) | 0.18 | 0.00 | 0.04 | -0.01 | -0.13 | -0.14 | -0.33 | -0.17 | -0.17 | -0.28 | -0.21 | -0.20 | -0.11 | -0.14 | -0.09 | -0.27 | -0.32 | -0.33 | -0.30 | 2.15 |
| Diluted Shares Outstanding | 49.09M | 49.05M | 48.87M | 47.68M | 47.56M | 47.39M | 47.1M | 47.1M | 46.91M | 46.72M | 46.45M | 46.41M | 46.27M | 46.11M | 45.91M | 45.82M | 45.69M | 45.53M | 45.33M | 46.1M |
| Basic Shares Outstanding | 48.5M | 48.33M | 47.96M | 47.68M | 47.56M | 47.39M | 47.1M | 47.1M | 46.91M | 46.72M | 46.45M | 46.41M | 46.27M | 46.11M | 45.91M | 45.45M | 45.69M | 45.53M | 45.29M | 45.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |