AtriCure, Inc.

ATRC Healthcare Medical Instruments & Supplies

AtriCure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $534.5 million, up 14.9% from fiscal 2024.

Revenue
+15.0%
EPS
+1,583.9%
Free cash flow
−0.73%
Total debt
−17.3%

Quarter to September 2026, against a year earlier

60.70 4.83 −7.37%
Market cap
$3.1B
P/E
199×
Fwd P/E
573×
Dividend yield
—
F-score
7/9
Altman Z
7.31
Beneish M
−2.91
Dividend safety
n/a

AtriCure, Inc. (ATRC) Gross margin

Alert me on Gross margin

AtriCure, Inc.'s gross margin over the twelve months to 30 September 2026 was 76.7%, up 1.8 percentage points from fiscal 2025 (75.0%). Over the past ten years it has ranged from 71.6% (fiscal 2015) to 75.2% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Medical Instruments & Supplies industry median of 53.6% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 75.0% 0.29
FY2024 74.7% (0.54)
FY2023 75.2% 0.79
FY2022 74.4% (0.60)
FY2021 75.0% 2.75
FY2020 72.3% (1.51)
FY2019 73.8% 0.83
FY2018 73.0% 0.76
FY2017 72.2% 0.58
FY2016 71.6% 0.05

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 77.3% 0.04
Jun 2026 77.2% (0.16)
Mar 2026 77.4% 2.42
Dec 2025 75.0% (0.50)
43 more quarters

Against its own ten years

Low 71.6% High 75.2%
Ten-year median 73.8%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
ATRC AtriCure, Inc. 76.7%
NVST Envista Holdings Corporation compare 55.9%
WRBY Warby Parker Inc. compare 54.8%
MMED MiniMed Group, Inc. compare 53.6%
XRAY DENTSPLY SIRONA Inc. compare 50.5%
MMSI Merit Medical Systems, Inc. compare 49.4%
ICUI ICU Medical, Inc. compare 40.3%
STVN Stevanato Group S.p.A. compare 29.1%
PLSE Pulse Biosciences, Inc compare 26.8%
Medical Instruments & Supplies industry median 53.6%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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