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AtriCure

ATRC

AtriCure is a medical technology company specializing in surgical treatments for atrial fibrillation, left atrial appendage management, and post-operative pain.

Market cap
$1.89B+8.8%
Revenue$569.6M+13.9%
Net income$2.6M+107%
Free cash flow$53.1M+456%
EPS (diluted)$0.04+105%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$153.6M+12.8%
Gross profit$118.6M+16.9%
Operating income$9.7M+256%
Net income$9.0M+245%
EPS (diluted)$0.18+238%

Balance sheet

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Cash & equivalents$167.8M+42.4%
Total debt$75.5M-3.8%
Total equity$516.4M+11.2%
Total assets$676.6M+11.1%

Cash flow

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Operating cash flow$22.2M+2.7%
CapEx$3.8M+41.5%
Free cash flow$18.4M-2.8%

Valuation & ratios

Valuation

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Market cap$1.89B+8.8%
Enterprise value$1.8B+12.1%
P/E726.2×
P/S3.3×0.0×

Profitability

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Gross margin76.3%+1.6pp
FCF margin9.3%

Returns & leverage

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Debt / equity0.1×0.0×
Current ratio4.2×+0.3×

Segments

By geography

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Total International$28.0M+9.6%
Europe$17.2M+6.7%
Asia Pacific$8.6M+15.4%
Other International$2.2M+12.1%

By product

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Appendage management$64.0M+14.4%
Open ablation$52.1M+11.3%
Pain management$29.4M+26.9%
Minimally invasive ablation$8.1M-21.2%

Competitors

Profile

AtriCure is a medical technology company specializing in surgical treatments for atrial fibrillation, left atrial appendage management, and post-operative pain. The company provides innovative cardiac ablation and exclusion devices that enable surgeons to perform faster, less invasive procedures with clinically proven outcomes. Its value proposition centers on reducing stroke risk and managing chronic pain through advanced radio frequency and cryogenic energy platforms.

Competitive position

AtriCure is a market leader in surgical Afib treatment and a pioneer in Cryo Nerve Block therapy for post-operative pain.

GeographiesUnited States, Germany, France, United Kingdom, Benelux, Australia, Canada
Customer segmentsHospitals, Specialized Medical Centers, Surgical Clinics
Business modelDirect Sales, Razor-and-blade, Distributor-led
SuppliersElectronic component manufacturers, Medical-grade plastic and metal suppliers, Specialized energy generator manufacturers
CustomersAcute care hospitals, Cardiac surgery centers, International medical distributors
Listed2005
Employees1.2K
CEOMichael H. Carrel
FilingsSEC EDGAR

Questions, answered.

What is AtriCure's market cap?
AtriCure (ATRC) has a market capitalization of $1.9B and trades on NASDAQ.
What is AtriCure's revenue and profitability?
AtriCure generated $569.6M in trailing twelve-month revenue with net income of $2.6M, representing a net margin of -5.6%. Gross margin stands at 76.3%, with free cash flow of $53.1M. These figures are based on the Q2 2026 filing.
Who are AtriCure's competitors?
AtriCure's key competitors include Boston Scientific, Medtronic, Abbott Laboratories, and others. These companies compete in similar markets and product categories.
Where is AtriCure headquartered?
AtriCure is headquartered in United States of America and employs approximately 1,200 people. It has been publicly traded since 2005.