AtriCure, Inc. (ATRC)

AtriCure Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	499.95	465.31	399.25	330.38	274.33	206.53
Revenue Growth (YoY)	16.28%	16.55%	20.84%	20.43%	32.83%	-10.52%
Cost of Revenue	126.42	117.78	98.88	84.44	68.47	57.22
Gross Profit	373.52	347.52	300.37	245.94	205.86	149.31
Selling, General & Admin	299.87	291.36	257.55	231.27	204.65	150.83
Research & Development	107.73	96.18	73.92	57.34	48.51	43.07
Operating Expenses	407.6	387.54	331.47	288.61	253.16	193.9
Operating Income	-34.07	-40.01	-31.1	-42.67	-47.3	-44.59
Interest Expense	-6.02	-6.41	-6.93	-4.99	-4.92	-4.89
Interest & Investment Income	4.47	4.43	3.79	1.99	0.47	1.1
Currency Exchange Gain (Loss)	-0.33	-0.33	-0.03	-0.54	-0.37	-0.02
Other Non Operating Income (Expenses)	0.69	-	-	-	-	-
EBT Excluding Unusual Items	-35.27	-42.31	-34.26	-46.2	-52.11	-48.4
Asset Writedown	-	-	-	-	-82.3	-
Legal Settlements	-	-	4.41	-	-	-
Other Unusual Items	-	-1.36	-	-	184.8	0.36
Pretax Income	-35.27	-43.67	-29.85	-46.2	50.39	-48.04
Income Tax Expense	1.09	1.02	0.59	0.27	0.19	0.11
Net Income	-36.36	-44.7	-30.44	-46.47	50.2	-48.16
Net Income to Common	-36.36	-44.7	-30.44	-46.47	50.2	-48.16
Shares Outstanding (Basic)	47	47	46	46	45	42
Shares Outstanding (Diluted)	47	47	46	46	46	42
Shares Change (YoY)	1.53%	1.42%	1.24%	-0.65%	9.29%	12.07%
EPS (Basic)	-0.77	-0.95	-0.66	-1.02	1.11	-1.14
EPS (Diluted)	-0.77	-0.95	-0.66	-1.02	1.09	-1.14
Free Cash Flow	25.29	0.75	-7.51	-39.02	-23.53	-25.13
Free Cash Flow Per Share	0.53	0.02	-0.16	-0.85	-0.51	-0.60
Gross Margin	74.71%	74.69%	75.23%	74.44%	75.04%	72.29%
Operating Margin	-6.82%	-8.60%	-7.79%	-12.91%	-17.24%	-21.59%
Profit Margin	-7.27%	-9.61%	-7.62%	-14.06%	18.30%	-23.32%
Free Cash Flow Margin	5.06%	0.16%	-1.88%	-11.81%	-8.58%	-12.17%
EBITDA	-14.07	-21.28	-16.28	-30.96	-36.85	-35.04
EBITDA Margin	-2.81%	-4.57%	-4.08%	-9.37%	-13.43%	-16.97%
D&A For EBITDA	20.01	18.73	14.81	11.71	10.44	9.55
EBIT	-34.07	-40.01	-31.1	-42.67	-47.3	-44.59
EBIT Margin	-6.82%	-8.60%	-7.79%	-12.91%	-17.24%	-21.59%
Effective Tax Rate	-	-	-	-	0.37%	-
Advertising Expenses	-	2.82	1.7	1.23	0.91	0.66

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q