AtriCure (ATRC) Research & Development (2010 - 2026)
AtriCure's Research & Development was $26.4 million in Q2 2026, down 9.8% from $29.28 million a year earlier but up 8.9% from the prior quarter.
Powered by 
Analysis
AtriCure (ATRC) Research & Development (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, AtriCure's Research & Development was $98.03 million through Jun 30, 2026, down 9.0% year-over-year; for FY2025, it came in at $99.21 million, up 3.2% from FY2024.
- Research & Development has now increased for eight consecutive years, with a five-year compound annual growth rate of 18.2% (FY2020 to FY2025).
- In earlier years, Research & Development was $96.18 million in FY2024 (+30.1%), $73.92 million in FY2023 (+28.9%), $57.34 million in FY2022 (+18.2%) and $48.51 million in FY2021 (+12.6%).
- Quarterly Research & Development has moved between $11.28 million (Q3 2021) and $34.96 million (Q4 2024) over five years.
- Compared with a year earlier, Research & Development was higher in six of the last eight quarters, with growth averaging 13.1%.
- The best year-over-year quarter for Research & Development over five years was Q4 2024 (growth of 68.1%); the worst was Q4 2025 (a decline of 29.9%).
- Per Business Quant data, ATRC's Research & Development in the three quarters before Q2 2026 was $24.24 million (Q1 2026), $24.51 million (Q4 2025) and $22.89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 278.90 Mn |
| 10 | AtriCure | 2.81 Bn | 2.18 Bn | 118.63 Mn | 26.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.40 Mn |
| 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 |
API Access
AtriCure Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ATRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ATRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ATRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();