AtriCure (ATRC) Research & Development (2010 - 2026)
AtriCure (ATRC) reported Research & Development of $24.2 million for Q1 2026, up 7.58% year-over-year from $22.5 million in Q1 2025, and down 1.1% quarter-over-quarter 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.
- Research & Development for Q1 2026 came in at $24.2 million, up 7.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $100.9 million (up 2.08% YoY), and the FY2025 annual result was $99.2 million, up 3.15% from the prior year.
- Research & Development fell to $24.2 million in Q1 2026 per ATRC's latest filing, from $24.5 million in the prior quarter.
- Over five years, Research & Development peaked at $35.0 million in Q4 2024 and troughed at $13.6 million in Q1 2022.
- A 5-year average of $20.6 million and a median of $20.4 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 68.09% in 2024, then fell 29.9% in 2025.
- A 5-year view of Research & Development shows it 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 declined by 29.9% to $24.5 million in 2025, then dropped by 1.1% to $24.2 million in 2026.
- Business Quant data shows ATRC's Research & Development at $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 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 94.27 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 15.80 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 189.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 98.66 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 139.00 Mn |
| 10 | AtriCure | 1.34 Bn | 1.19 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 |