AtriCure Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	534.53	465.31	399.25	330.38	274.33
Revenue Growth (YoY)	14.88%	16.55%	20.84%	20.43%	32.83%
Cost of Revenue	133.75	117.78	98.88	84.44	68.47
Gross Profit	400.78	347.52	300.37	245.94	205.86
Selling, General & Admin	311.02	291.36	260.64	231.27	204.65
Research & Development	99.21	96.18	73.92	57.34	48.51
Operating Expenses	410.23	387.54	334.55	288.61	253.16
Operating Income	-9.45	-40.01	-34.18	-42.67	-47.3
Interest Expense	-5.88	-6.41	-6.93	-4.99	-4.92
Interest & Investment Income	4.48	4.43	3.79	1.99	0.47
Currency Exchange Gain (Loss)	0.68	-0.33	-0.03	-0.54	-0.37
EBT Excluding Unusual Items	-10.16	-42.31	-37.35	-46.2	-52.11
Asset Writedown	-	-	-	-	-82.3
Legal Settlements	-	-	7.5	-	-
Other Unusual Items	-	-1.36	-	-	184.8
Pretax Income	-10.16	-43.67	-29.85	-46.2	50.39
Income Tax Expense	1.29	1.02	0.59	0.27	0.19
Net Income	-11.45	-44.7	-30.44	-46.47	50.2
Net Income to Common	-11.45	-44.7	-30.44	-46.47	50.2
Shares Outstanding (Basic)	48	47	46	46	45
Shares Outstanding (Diluted)	48	47	46	46	46
Shares Change (YoY)	1.67%	1.42%	1.24%	-0.65%	9.29%
EPS (Basic)	-0.24	-0.95	-0.66	-1.02	1.11
EPS (Diluted)	-0.24	-0.95	-0.66	-1.02	1.09
Free Cash Flow	48.28	0.75	-7.51	-39.02	-23.53
Free Cash Flow Per Share	1.01	0.02	-0.16	-0.85	-0.51
Gross Margin	74.98%	74.69%	75.23%	74.44%	75.04%
Operating Margin	-1.77%	-8.60%	-8.56%	-12.91%	-17.24%
Profit Margin	-2.14%	-9.61%	-7.62%	-14.06%	18.30%
Free Cash Flow Margin	9.03%	0.16%	-1.88%	-11.81%	-8.58%
EBITDA	11.08	-21.28	-19.37	-30.96	-36.85
EBITDA Margin	2.07%	-4.57%	-4.85%	-9.37%	-13.43%
D&A For EBITDA	20.53	18.73	14.81	11.71	10.44
EBIT	-9.45	-40.01	-34.18	-42.67	-47.3
EBIT Margin	-1.77%	-8.60%	-8.56%	-12.91%	-17.24%
Effective Tax Rate	-	-	-	-	0.37%
Advertising Expenses	2.23	2.82	1.7	1.23	0.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q