AtriCure (ATRC) Research & Development (2010 - 2026)
AtriCure's (ATRC) quarterly Research & Development came in at $24.2 million in Q1 2026, up 7.58% year-on-year from $22.5 million in Q1 2025, and down 1.1% on a QoQ basis from $24.5 million in Q4 2025.
AtriCure (ATRC) Research & Development (2010 - 2026) Analysis & Trends
AtriCure (ATRC) has 17 years of Research & Development data on file, last reported at $24.2 million in Q1 2026.
- On a quarterly basis, Research & Development rose 7.58% year-over-year to $24.2 million in Q1 2026; TTM through Mar 2026 was $100.9 million, a 2.08% increase from a year earlier, with the FY2025 full-year figure at $99.2 million, up 3.15% from the prior year.
- Research & Development for Q1 2026 stood at $24.2 million, down from $24.5 million in the prior quarter.
- Over the last five years, Research & Development for ATRC reached as high as $35.0 million in Q4 2024 and fell as low as $13.6 million in Q1 2022.
- Historically, Research & Development has averaged $20.6 million across 5 years, with a median of $20.4 million in 2024.
- Across the five-year window, Research & Development surged 68.09% in 2024 and dropped 29.9% in 2025, its largest moves.
- Year by year, Research & Development stood at $13.7 million in 2022, then jumped by 51.27% to $20.8 million in 2023, then jumped by 68.09% to $35.0 million in 2024, then decreased by 29.9% to $24.5 million in 2025, then retreated by 1.1% to $24.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $24.2 million in Q1 2026, $24.5 million in Q4 2025, and $22.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -245.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 249.00 Mn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 94.27 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 19.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 189.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 98.66 Mn |
| 10 | AtriCure | 1.60 Bn | 1.45 Bn | 109.31 Mn | 24.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.24 Mn |
| Dec 31, 2025 | 24.51 Mn |
| Sep 30, 2025 | 22.89 Mn |
| Jun 30, 2025 | 29.28 Mn |
| Mar 31, 2025 | 22.53 Mn |
| Dec 31, 2024 | 34.96 Mn |
| Sep 30, 2024 | 20.96 Mn |
| Jun 30, 2024 | 20.42 Mn |
| Mar 31, 2024 | 19.85 Mn |
| Dec 31, 2023 | 20.80 Mn |
| Sep 30, 2023 | 20.35 Mn |
| Jun 30, 2023 | 17.44 Mn |
| Mar 31, 2023 | 15.33 Mn |
| Dec 31, 2022 | 13.75 Mn |
| Sep 30, 2022 | 15.17 Mn |
| Jun 30, 2022 | 14.79 Mn |
| Mar 31, 2022 | 13.63 Mn |
| Dec 31, 2021 | 13.81 Mn |
| Sep 30, 2021 | 11.28 Mn |
| Jun 30, 2021 | 12.20 Mn |