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
DateValue
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