ATRC
$57.67+3.85%
AtriCure Inc.Stock · HealthcareRussell 2000 · 0.04% of IWMNasdaq Composite · 0.005% of ONEQUS Stock Market · 0.002% of VTIRussell 3000 · 0.002% of IWV
ATRC financial statements
The full income statement, balance sheet, and cash-flow statement for AtriCure Inc. (ATRC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 48.7M2024-09 48.8M2024-12 48.9M2025-03 49.5M2025-06 49.7M2025-09 49.7M2025-12 49.8M2026-03 50.6M2026-06 50.9M+4.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 535M+14.9% | 465M+16.5% | 399M+20.8% | 330M+20.4% | 274M+32.8% | |
| 401M+15.3% | 348M+15.7% | 300M+22.1% | 246M+19.5% | 206M+37.9% | ||
| Cost of revenue | 134M+13.6% | 118M+19.1% | 98.9M+17.1% | 84.4M+23.3% | 68.5M+19.7% | |
| 410M+5.9% | 388M+18.5% | 327M+13.3% | 289M+91.6% | 151M-22.2% | ||
| Research & development | 99.2M+3.2% | 96.2M+30.1% | 73.9M+28.9% | 57.3M+18.2% | 48.5M+12.6% | |
| Selling, general & administrative | 311M+6.7% | 291M+15.1% | 253M+9.5% | 231M+13.0% | 205M+35.7% | |
| Amortization of intangibles | 8.44M+12.3% | 7.52M+40.5% | 5.35M+46.5% | 3.65M+25.7% | 2.91M+72.8% | |
| Provision for credit losses | 200K+300.0% | 50.0K-81.5% | 270K+42.1% | 190K+192.3% | 65.0K | |
| Operating income | -9.45M+76.4% | -40.0M-50.0% | -26.7M+37.5% | -42.7M-177.3% | 55.2M+224.8% | |
| Interest expense | 5.88M-8.3% | 6.41M-7.5% | 6.92M+38.9% | 4.99M+1.4% | 4.92M+0.7% | |
| Interest & investment income | 4.48M+1.0% | 4.43M+16.9% | 3.79M+90.2% | 1.99M+327.9% | 466K-57.7% | |
| Other non-operating income | 683K+309.5% | -326K-951.6% | -31.0K+94.2% | -537K-46.7% | -366K-1425.0% | |
| Pre-tax income | -10.2M+76.7% | -43.7M-46.3% | -29.8M+35.4% | -46.2M-191.7% | 50.4M+204.9% | |
| Income tax | 1.28M+25.5% | 1.02M+73.3% | 591K+120.5% | 268K+42.6% | 188K+64.9% | |
| Net income | -11.4M+74.4% | -44.7M-46.8% | -30.4M+34.5% | -46.5M-192.6% | 50.2M+204.2% | |
| -$0.24+74.7% | -$0.95-43.9% | -$0.66+35.3% | -$1.02-193.6% | $1.09+195.6% | ||
| EPS (basic) | -$0.24+74.7% | -$0.95-43.9% | -$0.66+35.3% | -$1.02-191.9% | $1.11+197.4% | |
| Weighted-avg shares (basic) | 47.8M+1.7% | 47.0M+1.4% | 46.3M+1.2% | 45.7M+1.5% | 45.1M+7.0% | |
| Weighted-avg shares (diluted) | 47.8M+1.7% | 47.0M+1.4% | 46.3M+1.2% | 45.7M-0.6% | 46.0M+9.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 323M+20.4% | 268M+0.6% | 266M+23.7% | 215M+9.8% | 196M-36.1% | ||
| Cash & equivalents | 167M+36.4% | 123M+45.6% | 84.3M+45.1% | 58.1M+33.1% | 43.7M+4.1% | |
| Short-term investments | — | 0.00-100.0% | 53.0M-15.9% | 63.0M-16.5% | 75.4M-62.7% | |
| Accounts receivable | 66.7M+10.5% | 60.3M+14.9% | 52.5M+23.0% | 42.7M+29.3% | 33.0M+42.7% | |
| Inventory | 78.5M+4.2% | 75.3M+11.0% | 67.9M+47.8% | 45.9M+17.9% | 39.0M+11.2% | |
| Prepaid expenses | 9.94M+5.4% | 9.43M+10.1% | 8.56M+56.3% | 5.48M+9.5% | 5.00M+15.0% | |
| 654M+7.4% | 609M-0.7% | 614M+4.9% | 585M-4.9% | 615M-13.9% | ||
| Property, plant & equipment | — | — | — | — | 31.4M+11.0% | |
| Operating lease right-of-use | 6.87M+19.9% | 5.73M+32.4% | 4.32M+14.2% | 3.79M-20.5% | 4.76M+148.7% | |
| Goodwill | 235M+0.0% | 235M+0.0% | 235M+0.0% | 235M+0.0% | 235M+0.0% | |
| Intangible assets | 48.0M-14.9% | 56.5M-11.8% | 64.0M+62.7% | 39.3M-8.5% | 43.0M-66.5% | |
| Long-term investments | — | — | 0.00-100.0% | 51.5M-50.6% | 104M+635.9% | |
| Other non-current assets | 2.86M-0.1% | 2.87M+32.8% | 2.16M+8.8% | 1.99M+107.9% | 955K+117.0% | |
| 81.5M+11.0% | 73.4M-1.5% | 74.6M+27.7% | 58.4M+3.4% | 56.4M+14.9% | ||
| Accounts payable | 25.3M+1.1% | 25.0M-8.5% | 27.4M+37.5% | 19.9M+7.0% | 18.6M+46.0% | |
| Accrued liabilities | 53.1M+16.5% | 45.6M+2.0% | 44.7M+35.3% | 33.0M-8.5% | 36.1M+29.0% | |
| Short-term & current debt | — | 2.81M+10.7% | 2.53M-53.7% | 5.47M | — | |
| Current lease liability | 1.73M+7.1% | 1.62M+11.9% | 1.45M+26.2% | 1.15M+33.2% | 861K-7.1% | |
| Other current liabilities | 3.12M+11.3% | 2.81M | — | 5.47M+211.6% | 1.76M-79.1% | |
| Finance lease liability (current) | 1.31M+10.1% | 1.19M+9.2% | 1.09M+9.5% | 992K+10.8% | 895K+8.7% | |
| 162M+9.4% | 148M+0.4% | 148M+14.8% | 129M-2.2% | 132M-56.5% | ||
| Long-term debt | 61.9M+0.0% | 61.9M+1.4% | 61.0M+7.3% | 56.8M-4.9% | 59.7M+11.8% | |
| Non-current lease liability | 5.54M+21.0% | 4.58M+38.5% | 3.31M+6.8% | 3.10M-23.9% | 4.07M+244.7% | |
| Operating lease liability (total) | 7.28M+17.4% | 6.20M+30.4% | 4.75M+12.1% | 4.24M-13.9% | 4.93M+133.9% | |
| Finance lease liability (total) | 7.28M-14.0% | 8.47M-7.4% | 9.15M-9.8% | 10.1M-7.6% | 11.0M-6.9% | |
| Finance lease liability | 5.97M-17.9% | 7.28M-9.7% | 8.06M-11.9% | 9.15M-9.3% | 10.1M-8.1% | |
| Other non-current liabilities | 7.34M+506.9% | 1.21M-1.9% | 1.23M+0.7% | 1.23M+0.5% | 1.22M-99.3% | |
| 492M+6.7% | 461M-1.1% | 466M+2.1% | 457M-5.6% | 484M+17.3% | ||
| Common stock | 50.0K+2.0% | 49.0K+2.1% | 48.0K+2.1% | 47.0K+2.2% | 46.0K+2.2% | |
| Additional paid-in capital | 905M+4.7% | 864M+4.8% | 824M+4.7% | 787M+3.0% | 765M+3.0% | |
| Retained earnings | -413M-2.8% | -402M-12.5% | -357M-9.3% | -327M-16.6% | -280M+15.2% | |
| Accumulated other comprehensive income | 566K+154.7% | -1.03M-4.2% | -993K+75.8% | -4.10M-332.1% | -948K-403.8% | |
| Total liabilities & equity | 654M+7.4% | 609M-0.7% | 614M+4.9% | 585M-4.9% | 615M-13.9% | |
| Common shares issued | 49.8M+1.9% | 48.9M+2.8% | 47.5M+2.1% | 46.6M+1.2% | 46.0M+1.5% | |
| Common shares outstanding | 49.8M+1.9% | 48.9M+2.8% | 47.5M+2.1% | 46.6M+1.2% | 46.0M+1.5% | |
| Shares outstanding (cover) | 49.8M+1.9% | 48.9M+2.7% | 47.6M+2.2% | 46.6M+1.2% | 46.0M+1.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 57.3M+369.8% | 12.2M+172.2% | 4.48M+120.3% | -22.1M-60.7% | -13.8M+30.6% | ||
| Depreciation & amortization | 20.5M+9.6% | 18.7M+26.5% | 14.8M+26.5% | 11.7M+12.2% | 10.4M+9.4% | |
| Intangible amortization | 8.44M+12.3% | 7.52M+40.5% | 5.35M+46.5% | 3.65M+25.7% | 2.91M+72.8% | |
| Share-based compensation | 44.7M+10.6% | 40.4M+13.1% | 35.7M+24.2% | 28.8M+2.5% | 28.1M+24.0% | |
| Deferred income taxes | -62.0K-1133.3% | 6.00K+140.0% | -15.0K-287.5% | 8.00K-61.9% | 21.0K+275.0% | |
| Change in receivables | 5.61M-32.4% | 8.30M-15.9% | 9.87M+9.8% | 8.99M-10.9% | 10.1M+298.3% | |
| Change in inventory | 2.26M-70.9% | 7.74M-64.5% | 21.8M+198.8% | 7.30M+70.9% | 4.27M-18.8% | |
| Change in payables | -960K+37.3% | -1.53M-124.8% | 6.18M+130.7% | 2.68M-43.2% | 4.71M+401.9% | |
| Other operating activities | 1.37M-36.8% | 2.17M+44.7% | 1.50M+103.4% | 739K-54.0% | 1.61M+19.3% | |
| -14.6M-148.1% | 30.2M+38.6% | 21.8M-50.4% | 44.0M+87.2% | 23.5M+115.0% | ||
| Capital expenditure | 9.05M-21.0% | 11.5M-4.5% | 12.0M-28.9% | 16.9M+73.1% | 9.75M+85.5% | |
| Free cash flow | 48.3M+6381.1% | 745K+109.9% | -7.51M+80.7% | -39.0M-65.8% | -23.5M+6.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 0.00-100.0% | 25.0K | 0.00 | 0.00 | 0.00 | |
| 1.18M+132.6% | -3.60M-11159.4% | -32.0K+99.5% | -7.06M+7.6% | -7.64M-104.0% | ||
| Long-term debt issued | 0.00-100.0% | 61.2M | 0.00 | 0.00-100.0% | 5.00M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 6.25M | 0.00 | 0.00 | — | — | |
| FX effect on cash | 747K+276.2% | -424K-631.0% | -58.0K+83.9% | -361K+3.0% | -372K-373.5% | |
| Net change in cash | 44.7M+16.4% | 38.4M+46.5% | 26.2M+81.5% | 14.4M+744.7% | 1.71M-87.3% | |
| Interest paid | 5.25M-11.7% | 5.95M-6.7% | 6.38M+49.3% | 4.27M+1.1% | 4.22M-3.3% | |
| Income taxes paid | 1.29M+108.4% | 619K+56.7% | 395K+105.7% | 192K+1.1% | 190K-12.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.97B+31.9% | 1.49B-11.7% | 1.69B-18.0% | 2.06B-35.5% | 3.20B+26.1% | |
| P/E | — | — | — | — | 63.8× | |
| P/S | 3.7×+14.8% | 3.2×-27.7% | 4.4×-32.1% | 6.5×-43.9% | 11.7×-5.0% | |
| P/B | 4.0×+23.6% | 3.2×-11.3% | 3.7×-20.3% | 4.6×-30.7% | 6.6×+7.5% | |
| P/FCF | 40.8×-98.0% | 2005.0× | — | — | — | |
| Earnings yield | — | — | — | — | 1.6% | |
| FCF yield | 2.5%+4813.1% | 0.05% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ATRC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ATRC filings on SEC EDGAR → Not investment advice.