CVRx, Inc. (CVRX) quarterly income statement — complete revenue, gross profit & net income history
CVRx, Inc. (CVRX) annual income statement — 7-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 | 15.71M | 14.77M | 16.02M | 14.69M | 13.59M | 12.35M | 15.34M | 13.37M | 11.81M | 10.77M | 11.3M | 10.51M | 9.5M | 7.98M | 7.18M | 6.19M | 5.03M | 4.08M | 3.66M | 3.4M |
| Revenue Growth % | 15.57% | 19.61% | 4.45% | 9.85% | 15.09% | 14.65% | 35.71% | 27.23% | 24.28% | 34.98% | 57.54% | 69.92% | 88.83% | 95.76% | 96.17% | 82.21% | 61.1% | 42.52% | 75.19% | - |
| Cost of Goods Sold | 1.98M | 1.89M | 2.2M | 2.13M | 2.33M | 2.04M | 2.3M | 2.25M | 2.04M | 1.75M | 1.72M | 1.69M | 1.52M | 1.33M | 1.51M | 1.34M | 1.2M | 949K | 984K | 876K |
| COGS % of Revenue | 12.61% | 12.78% | 13.72% | 14.51% | 17.16% | 16.49% | 14.99% | 16.81% | 17.29% | 16.21% | 15.21% | 16.09% | 15.97% | 16.64% | 21.03% | 21.66% | 23.87% | 23.28% | 26.9% | 25.8% |
| Gross Profit | 13.72M | 12.88M | 13.82M | 12.56M | 11.26M | 10.31M | 13.04M | 11.13M | 9.77M | 9.02M | 9.59M | 8.82M | 7.98M | 6.65M | 5.67M | 4.85M | 3.83M | 3.13M | 2.67M | 2.52M |
| Gross Margin % | 87.39% | 87.22% | 86.28% | 85.49% | 82.84% | 83.51% | 85.02% | 83.19% | 82.71% | 83.79% | 84.79% | 83.91% | 84.03% | 83.36% | 78.97% | 78.34% | 76.13% | 76.72% | 73.1% | 74.2% |
| Gross Profit Growth % | 21.92% | 24.91% | 6% | 12.89% | 15.27% | 14.27% | 36.08% | 26.13% | 22.34% | 35.68% | 69.14% | 82.01% | 108.43% | 112.7% | 111.93% | 92.38% | 73.3% | 56.9% | 63.35% | - |
| Operating Expenses | 26.75M | 25.04M | 25.01M | 24.83M | 25.63M | 23.75M | 23.32M | 24.14M | 23.74M | 31.26M | 19.25M | 18.35M | 19.73M | 18.81M | 17.15M | 14.97M | 14.84M | 13.04M | 11.46M | 9.81M |
| OpEx % of Revenue | 170.31% | 169.56% | 156.07% | 169.01% | 188.63% | 192.33% | 151.98% | 180.48% | 201.06% | 290.21% | 170.24% | 174.56% | 207.74% | 235.78% | 238.94% | 242.03% | 295.05% | 319.8% | 313.34% | 288.95% |
| Selling, General & Admin | 23.62M | 21.96M | 22.01M | 21.68M | 23.16M | 21.23M | 20.51M | 21.63M | 20.97M | 28.2M | 17M | 15.65M | 16.45M | 15.4M | 14.1M | 12.68M | 12.49M | 10.78M | 9.66M | 8.11M |
| SG&A % of Revenue | 150.38% | 148.68% | 137.35% | 147.59% | 170.46% | 171.95% | 133.7% | 161.76% | 177.64% | 261.83% | 150.42% | 148.91% | 173.21% | 192.97% | 196.49% | 204.96% | 248.24% | 264.4% | 264.22% | 238.91% |
| Research & Development | 3.13M | 3.08M | 3M | 3.15M | 2.47M | 2.52M | 2.81M | 2.5M | 2.77M | 3.06M | 2.24M | 2.7M | 3.28M | 3.42M | 3.05M | 2.29M | 2.35M | 2.26M | 1.8M | 1.7M |
| R&D % of Revenue | 19.93% | 20.88% | 18.72% | 21.42% | 18.17% | 20.38% | 18.28% | 18.72% | 23.42% | 28.38% | 19.82% | 25.65% | 34.53% | 42.81% | 42.45% | 37.07% | 46.81% | 55.4% | 49.13% | 50.04% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -13.02M | -12.16M | -11.18M | -12.27M | -14.38M | -13.44M | -10.27M | -13.01M | -13.97M | -22.23M | -9.66M | -9.53M | -11.75M | -12.16M | -11.48M | -10.13M | -11.01M | -9.91M | -8.79M | -7.29M |
| Operating Margin % | -82.92% | -82.34% | -69.8% | -83.51% | -105.79% | -108.82% | -66.97% | -97.29% | -118.34% | -206.43% | -85.46% | -90.65% | -123.71% | -152.43% | -159.96% | -163.69% | -218.92% | -243.08% | -240.24% | -214.76% |
| Operating Income Growth % | 9.41% | 9.5% | -8.86% | 5.71% | -2.88% | 39.56% | -6.35% | -36.56% | -18.9% | -82.8% | 15.84% | 5.91% | -6.7% | -22.75% | -30.62% | -38.88% | -94.18% | -134.95% | -311.62% | - |
| EBITDA | -12.61M | -11.96M | -11M | -12.07M | -14.18M | -13.25M | -10.1M | -12.84M | -13.83M | -22.1M | -9.53M | -9.39M | -11.63M | -12.03M | -11.35M | -10M | -10.92M | -9.85M | -8.73M | -7.25M |
| EBITDA Margin % | -80.29% | -80.95% | -68.64% | -82.19% | -104.37% | -107.33% | -65.81% | -96.03% | -117.15% | -205.21% | -84.32% | -89.34% | -122.37% | -150.81% | -158.18% | -161.64% | -217.03% | -241.56% | -238.71% | -213.52% |
| EBITDA Growth % | 11.1% | 9.79% | -8.94% | 5.98% | -2.54% | 40.03% | -5.92% | -36.75% | -18.98% | -83.67% | 16.02% | 6.08% | -6.47% | -22.21% | -29.99% | -37.94% | -93.77% | -135.33% | -313.45% | - |
| D&A (Non-Cash Add-back) | 414K | 205K | 185K | 194K | 193K | 184K | 178K | 169K | 141K | 131K | 129K | 137K | 127K | 129K | 128K | 127K | 95K | 62K | 56K | 42K |
| EBIT | -12.46M | -11.57M | -10.52M | -11.39M | -13.27M | -12.31M | -9.2M | -12.09M | -13.03M | -21.19M | -8.54M | -8.47M | -11.14M | -11.1M | -10.34M | -9.8M | -11.05M | -9.96M | -10.15M | -5.5M |
| Net Interest Income | -1.58M | -1.55M | -1.42M | -1.48M | -1.47M | -1.46M | -1.52M | -958K | -959K | -960K | -579K | -499K | -481K | -240K | -165K | 0 | 0 | 0 | -396K | -614K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.58M | 1.55M | 1.42M | 1.48M | 1.47M | 1.46M | 1.52M | 958K | 959K | 960K | 579K | 499K | 481K | 240K | 165K | 0 | 0 | 0 | 396K | 614K |
| Other Income/Expense | -1.02M | -958K | -757K | -605K | -363K | -334K | -448K | -41K | -15K | 84K | 537K | 557K | 135K | 822K | 971K | 328K | -34K | -57K | -1.76M | 1.18M |
| Pretax Income | -14.04M | -13.12M | -11.94M | -12.87M | -14.74M | -13.77M | -10.72M | -13.05M | -13.99M | -22.15M | -9.12M | -8.97M | -11.62M | -11.34M | -10.51M | -9.8M | -11.05M | -9.96M | -10.54M | -6.11M |
| Pretax Margin % | -89.4% | -88.83% | -74.52% | -87.63% | -108.46% | -111.52% | -69.89% | -97.6% | -118.47% | -205.65% | -80.71% | -85.35% | -122.28% | -142.12% | -146.43% | -158.39% | -219.6% | -244.48% | -288.27% | -179.97% |
| Income Tax | 3K | -1K | -7K | -3K | -3K | -5K | -71K | 47K | 41K | 38K | 39K | 40K | 34K | 34K | 28K | 32K | 23K | 26K | 25K | 23K |
| Effective Tax Rate % | -0.02% | 0.01% | 0.06% | 0.02% | 0.02% | 0.04% | 0.66% | -0.36% | -0.29% | -0.17% | -0.43% | -0.45% | -0.29% | -0.3% | -0.27% | -0.33% | -0.21% | -0.26% | -0.24% | -0.38% |
| Net Income | -14.04M | -13.12M | -11.93M | -12.87M | -14.74M | -13.77M | -10.65M | -13.1M | -14.03M | -22.19M | -9.16M | -9.01M | -11.65M | -11.37M | -10.54M | -9.83M | -11.07M | -9.99M | -10.57M | -6.13M |
| Net Margin % | -89.42% | -88.83% | -74.48% | -87.61% | -108.44% | -111.48% | -69.42% | -97.95% | -118.82% | -206% | -81.05% | -85.73% | -122.64% | -142.55% | -146.82% | -158.91% | -220.06% | -245.12% | -288.96% | -180.65% |
| Net Income Growth % | 4.7% | 4.69% | -12.05% | 1.75% | -5.04% | 37.95% | -16.24% | -45.37% | -20.41% | -95.06% | 13.03% | 8.33% | -5.24% | -13.84% | 0.32% | -60.28% | 37.62% | -15.81% | -210.7% | - |
| Net Income (Continuing) | -14.04M | -13.12M | -11.93M | -12.87M | -14.74M | -13.77M | -10.65M | -13.1M | -14.03M | -22.19M | -9.16M | -9.01M | -11.65M | -11.37M | -10.54M | -9.83M | -11.07M | -9.99M | -10.57M | -6.13M |
| 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) | -0.53 | -0.50 | -0.46 | -0.49 | -0.57 | -0.53 | -0.43 | -0.57 | -0.65 | -1.04 | -0.44 | -0.43 | -0.56 | -0.55 | -0.51 | -0.48 | -0.54 | -0.49 | -0.52 | -0.30 |
| EPS Growth % | 7.02% | 5.66% | -6.98% | 14.04% | 12.31% | 49.04% | 2.27% | -32.56% | -16.07% | -89.09% | 13.73% | 10.42% | -3.7% | -12.24% | 1.92% | -60% | 98.89% | -4.26% | 94.4% | - |
| EPS (Basic) | -0.53 | -0.50 | -0.46 | -0.49 | -0.57 | -0.53 | -0.43 | -0.57 | -0.65 | -1.04 | -0.44 | -0.43 | -0.56 | -0.55 | -0.51 | -0.48 | -0.54 | -0.49 | -0.52 | -0.30 |
| Diluted Shares Outstanding | 26.52M | 26.36M | 26.22M | 26.17M | 26.07M | 25.88M | 22.6M | 22.78M | 21.63M | 21.23M | 20.83M | 20.8M | 20.71M | 20.69M | 20.59M | 20.58M | 20.51M | 20.45M | 20.37M | 20.13M |
| Basic Shares Outstanding | 26.52M | 26.36M | 26.22M | 26.17M | 26.07M | 25.88M | 22.6M | 22.78M | 21.63M | 21.23M | 20.6M | 20.8M | 20.71M | 20.69M | 20.5M | 20.58M | 20.51M | 20.39M | 20.36M | 20.13M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |