AtriCure, Inc. Income Statement
ATRC / Health Care|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
AtriCure, Inc. reported $535M in revenue and $11M in net loss for FY2025. Revenue has grown at a 16.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Negative profit margin: -9.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $534.5M | $465.3M | $399.2M | $330.4M | $274.3M | $206.5M | $230.8M | $201.6M | $174.7M | $155.1M | $129.8M | $107.5M | $81.9M | $70.2M | $64.4M |
| Cost of Revenue | $133.7M | $117.8M | $98.9M | $84.4M | $68.5M | $655.0K | $635.0K | $785.0K | $900.0K | $625.0K | $36.9M | $31.7M | $22.3M | $20.2M | $17.4M |
| Gross Profit | $400.8M | $347.5M | $300.4M | $245.9M | $205.9M | $149.3M | $170.3M | $147.1M | $126.2M | $111.1M | $92.9M | $75.8M | $59.6M | $50.0M | $47.0M |
| SG&A Expense | $311.0M | $291.4M | $253.1M | $231.3M | $204.6M | $150.8M | $167.1M | $129.5M | $117.0M | $106.4M | $93.9M | $73.5M | $57.0M | $45.1M | $39.9M |
| R&D Expense | $99.2M | $96.2M | $73.9M | $57.3M | $48.5M | $43.1M | $41.2M | $34.7M | $34.1M | $35.8M | $25.7M | $18.6M | $13.4M | $12.1M | $11.9M |
| Operating Income | -$9.4M | -$40.0M | -$26.7M | -$42.7M | $55.2M | -$44.2M | -$33.1M | -$17.1M | -$25.0M | -$31.1M | -$26.7M | -$16.4M | -$10.9M | -$7.2M | -$4.7M |
| Interest Expense | - | - | $6.9M | $5.0M | $4.9M | $4.9M | $4.1M | $4.6M | $2.3M | $1.8M | $292.0K | $305.0K | $566.0K | $802.0K | $814.0K |
| Income Tax | $1.3M | $1.0M | $591.0K | $268.0K | $188.0K | $114.0K | $199.0K | $226.0K | $14.0K | $40.0K | $36.0K | $33.0K | $18.0K | $50.0K | $31.0K |
| Net Income | -$11.4M | -$44.7M | -$30.4M | -$46.5M | $50.2M | -$48.2M | -$35.2M | -$21.1M | -$26.9M | -$33.3M | -$27.2M | -$16.2M | -$11.5M | -$7.5M | -$5.5M |
| EPS (Basic) | -$0.66 | -$1.02 | $1.11 | -$1.14 | -$0.94 | - | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.66 | -$1.02 | $1.09 | -$1.14 | -$0.94 | -$0.62 | -$0.83 | -$1.05 | -$0.97 | -$0.61 | -$0.56 | -$0.47 | -$0.35 | -$0.25 | -$1.13 |
| Shares Outstanding | 48.9M | 47.5M | 46.6M | 46.0M | 45.3M | 39.7M | 38.6M | 34.6M | 33.3M | 32.3M | 27.6M | 23.2M | 16.9M | 16.4M | 15.7M |
| Gross Margin | 75.0% | 74.7% | 75.2% | 74.4% | 75.0% | 72.3% | 73.8% | 73.0% | 72.2% | 71.6% | 71.6% | 70.5% | 72.7% | 71.2% | 73.0% |
| Operating Margin | -1.8% | -8.6% | -6.7% | -12.9% | 20.1% | -21.4% | -14.3% | -8.5% | -14.3% | -20.1% | -20.6% | -15.2% | -13.3% | -10.3% | -7.3% |
| Profit Margin | -2.1% | -9.6% | -7.6% | -14.1% | 18.3% | -23.3% | -15.3% | -10.5% | -15.4% | -21.5% | -21.0% | -15.1% | -14.0% | -10.7% | -8.5% |