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) Operating margin

Alert me on Operating margin

AtriCure, Inc.'s operating margin over the twelve months to 30 September 2026 was 2.89%, up 4.7 percentage points from fiscal 2025 (−1.77%). Over the past ten years it has ranged from −21.4% (fiscal 2020) to 20.1% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Medical Instruments & Supplies industry median of 1.97% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −1.77% 6.83
FY2024 −8.60% (1.92)
FY2023 −6.68% 6.24
FY2022 −12.9% (33.04)
FY2021 20.1% 41.54
FY2020 −21.4% (7.07)
FY2019 −14.4% (5.86)
FY2018 −8.49% 5.81
FY2017 −14.3% 5.77
FY2016 −20.1% 0.52

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 2.82% (3.47)
Jun 2026 6.29% 5.92
Mar 2026 0.37% (1.40)
Dec 2025 1.77% 1.62
43 more quarters

Against its own ten years

Low −21.4% High 20.1%
Ten-year median −12.9%
Current reading's percentile 91

Operating margin against peers

Company Operating margin
NVST Envista Holdings Corporation compare 25.4%
STVN Stevanato Group S.p.A. compare 16.6%
MMSI Merit Medical Systems, Inc. compare 13.5%
ICUI ICU Medical, Inc. compare 5.07%
ATRC AtriCure, Inc. 2.89%
WRBY Warby Parker Inc. compare 0.16%
XRAY DENTSPLY SIRONA Inc. compare −1.54%
MMED MiniMed Group, Inc. compare −2.89%
PLSE Pulse Biosciences, Inc compare −5,821.1%
Medical Instruments & Supplies industry median 1.97%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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