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Discontinued — last reported Q2 '26

R&D at other companies

Abbott logo
AbbottABT
$892M+23.0%
Johnson & Johnson logo
Johnson & JohnsonJNJ
$3.65B+3.9%
Medtronic logo
MedtronicMDT
$671M-1.9%
ITG
Integer HoldingsITGR
$16.24M+14.4%
AngioDynamics logo
AngioDynamicsANGO
$8.18M+24.1%
AVN
AVNSAVNS
$5.2M-3.7%

Other financials

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

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Market cap$1.89B+28.7%
Enterprise value$1.8B+26.0%
P/E726.2×
P/S3.3×+0.4×

Profitability

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Gross margin76.3%+1.6pp
Operating margin-5.1%-1.3pp
Net margin-5.6%-1.5pp
FCF margin9.3%

Returns & leverage

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Return on equity-6.1%-1.3pp
Debt / equity0.1×0.0×
Current ratio4.2×+0.3×

Where this comes from

Reported directly by AtriCure in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: AtriCure’s 10-Q, filed July 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AtriCure's R&D?
AtriCure (ATRC) reported R&D of $26.4M in Q2 2026.
How has AtriCure's R&D changed year-over-year?
AtriCure's R&D decreased by 9.8% year-over-year, from $29.28M to $26.4M.
What is the long-term trend for AtriCure's R&D?
Over 4 years (2021 to 2025), AtriCure's R&D has grown at a 19.6% compound annual growth rate (CAGR), from $48.51M to $99.21M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.