CVRx, Inc. Income Statement
CVRX|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
CVRx, Inc. reported $57M in revenue and $53M in net loss for FY2025. Revenue has grown at a 74.9% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -4.90 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $56.7M | $39.3M | $22.5M | $13.0M | $6.1M |
| Cost of Revenue | $8.3M | $6.3M | $5.0M | $3.6M | $1.4M |
| Gross Profit | $48.3M | $33.0M | $17.5M | $9.4M | $4.6M |
| SG&A Expense | $88.5M | $64.5M | $50.0M | $27.9M | $9.7M |
| R&D Expense | $11.1M | $11.6M | $10.0M | $7.5M | $6.4M |
| Operating Income | -$51.3M | -$43.1M | -$42.5M | -$26.0M | -$11.5M |
| Interest Expense | - | - | $165.0K | $2.2M | $2.5M |
| Income Tax | -$18.0K | $147.0K | $109.0K | $91.0K | $85.0K |
| Net Income | -$53.3M | -$41.2M | -$41.4M | -$43.1M | -$14.1M |
| EPS (Basic) | -$2.65 | -$1.99 | -$2.02 | -$4.16 | - |
| EPS (Diluted) | -$2.65 | -$1.99 | -$2.02 | -$4.16 | -$37.01 |
| Shares Outstanding | 25.3M | 20.9M | 20.7M | 20.4M | 360.4K |
| Gross Margin | 85.3% | 84.1% | 77.8% | 72.1% | 76.2% |
| Operating Margin | -90.5% | -109.7% | -189.3% | -199.2% | -190.2% |
| Profit Margin | -94.1% | -104.8% | -184.4% | -330.4% | -233.1% |