ATRC - AtriCure, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$51.33
DETAILS
HIGH:
$55.00
LOW:
$44.00
MEDIAN:
$55.00
CONSENSUS:
$51.33
UPSIDE:
81.44%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 534.5 | 465.3 | 399.2 | 330.4 | 274.3 | 206.5 | 230.8 | 201.6 | 174.7 | 155.1 | 129.8 | 107.5 | 81.9 | 70.2 | 64.4 | 59.0 | 54.5 | 55.3 | 48.3 | 38.2 | 31.0 | 19.2 | 9.8 | 1.8 | 0.0 |
| Cost of Revenue | 136.8 | 117.8 | 98.9 | 84.4 | 68.5 | 57.2 | 60.5 | 54.5 | 48.6 | 44.0 | 36.9 | 31.7 | 22.3 | 20.2 | 17.4 | 13.6 | 12.8 | 13.2 | 10.1 | 7.6 | 8.1 | 5.2 | 2.6 | 0.7 | 0.0 |
| Gross Profit | 397.7 | 347.5 | 300.4 | 245.9 | 205.9 | 149.3 | 170.3 | 147.1 | 126.2 | 111.1 | 92.9 | 75.8 | 59.6 | 50.0 | 47.0 | 45.4 | 41.8 | 42.0 | 38.2 | 30.6 | 22.9 | 14.0 | 7.2 | 1.1 | 0.0 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 90.2 | 96.2 | 73.9 | 57.3 | 48.5 | 43.1 | 41.2 | 34.7 | 34.1 | 35.8 | 25.7 | 18.6 | 13.4 | 12.1 | 11.9 | 11.5 | 11.4 | 10.6 | 11.0 | 12.2 | 9.1 | 4.4 | 0 | 0 | 0 |
| SG&A Expenses | 311.0 | 291.4 | 253.1 | 231.3 | 204.6 | 150.5 | 162.2 | 129.5 | 117.0 | 106.4 | 93.9 | 73.5 | 57.0 | 45.1 | 39.9 | 37.0 | 35.1 | 42.4 | 39.8 | 33.2 | 24.6 | 15.2 | 0 | 0 | 0 |
| Other Expenses | 0 | 0 | 0 | 0 | (102.5) | 0 | 0 | 0 | 0 | 0 | (0.5) | 0.2 | (0.6) | (0.3) | 0 | 0 | 4.0 | 0 | 0 | 0 | 0 | 0 | 10.5 | 6.7 | 3.2 |
| Operating Expenses | 401.2 | 387.5 | 327.1 | 288.6 | 150.7 | 193.5 | 203.5 | 164.2 | 151.1 | 142.2 | 119.6 | 92.1 | 70.5 | 57.2 | 51.7 | 48.6 | 50.5 | 53.0 | 50.7 | 45.4 | 33.7 | 19.6 | 10.5 | 6.7 | 3.2 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (3.4) | (40.0) | (26.7) | (42.7) | 55.2 | (44.2) | (33.1) | (17.1) | (25.0) | (31.1) | (26.7) | (16.4) | (10.9) | (7.2) | (4.7) | (3.2) | (15.5) | (11.0) | (12.6) | (14.8) | (10.8) | (5.7) | (3.4) | (5.7) | (3.1) |
| Interest Expense | 5.9 | 6.4 | 6.9 | 5.0 | 4.9 | 4.9 | 4.1 | 4.6 | 2.3 | 1.8 | 0.3 | 0.3 | 0.6 | 0.8 | 0.8 | 0.9 | 0.8 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 4.5 | 4.4 | 3.8 | 2.0 | 0.5 | 1.1 | 2.4 | 1.0 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | 16.2 | (18.5) | (8.1) | (29.5) | 65.7 | (33.6) | (21.5) | (7.5) | (15.5) | (22.2) | (20.6) | (11.1) | (8.9) | (4.8) | (2.7) | (0.5) | (13.3) | (7.3) | (10.2) | (12.9) | (8.7) | (4.7) | (3.4) | (5.7) | (3.1) |
| EBIT | (4.3) | (37.3) | (22.9) | (41.2) | 55.3 | (43.2) | (30.9) | (16.3) | (24.6) | (31.5) | (26.9) | (15.9) | (10.9) | (6.7) | (4.6) | (2.9) | (15.7) | (9.9) | (12.6) | (14.8) | (10.8) | (5.6) | (3.4) | (5.7) | (3.1) |
| Income Before Tax | (10.2) | (43.7) | (29.8) | (46.2) | 50.4 | (48.0) | (35.0) | (20.9) | (26.9) | (33.3) | (27.2) | (16.2) | (11.4) | (7.5) | (5.4) | (3.8) | (16.6) | (10.2) | (11.3) | (12.7) | (12.6) | 0 | 0 | 0 | 0 |
| Income Tax Expense | 1.3 | 1.0 | 0.6 | 0.3 | 0.2 | 0.1 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | (0.1) | (0.1) | (1.3) | 1.1 | 0.0 | 3.8 | 7.1 | 9.0 | 3.6 |
| Net Income | (11.4) | (44.7) | (30.4) | (46.5) | 50.2 | (48.2) | (35.2) | (21.1) | (26.9) | (33.3) | (27.2) | (16.2) | (11.5) | (7.5) | (5.5) | (3.8) | (16.5) | (10.2) | (11.3) | (13.7) | (12.7) | (9.5) | (7.1) | (9.0) | (3.6) |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | -0.24 | -0.95 | -0.66 | -1.02 | 1.11 | -1.14 | -0.94 | -0.62 | -0.83 | -1.05 | -0.97 | -0.61 | -0.56 | -0.47 | -0.35 | -0.25 | -1.13 | -0.72 | -0.84 | -1.13 | -2.10 | -5.17 | -3.97 | -5.08 | -2.04 |
| EPS (Diluted) | -0.24 | -0.95 | -0.66 | -1.02 | 1.09 | -1.14 | -0.94 | -0.62 | -0.83 | -1.05 | -0.97 | -0.61 | -0.56 | -0.47 | -0.35 | -0.25 | -1.13 | -0.72 | -0.84 | -1.13 | -2.10 | -5.17 | -3.97 | -5.08 | -2.04 |
| Shares Outstanding | 47.8 | 47.0 | 46.3 | 45.7 | 45.1 | 42.1 | 37.6 | 34.1 | 32.4 | 31.6 | 28.1 | 26.4 | 20.4 | 16.2 | 15.7 | 15.1 | 14.6 | 14.2 | 13.4 | 12.1 | 6.0 | 1.8 | 1.8 | 1.8 | 1.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||
| Cash & Cash Equivalents | 167.4 | 122.7 | 84.3 | 58.1 | 43.7 | 41.9 | 28.5 | 32.2 | 21.8 | 24.2 | 8.9 | 11.4 | 5.2 | 0 | 0 | 0 |
| Short-Term Investments | 0 | 0 | 53.0 | 63.0 | 75.4 | 202.3 | 53.3 | 92.2 | 12.6 | 19.8 | 6.8 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 66.7 | 60.3 | 52.5 | 42.7 | 33.0 | 23.1 | 28.0 | 25.2 | 23.1 | 21.1 | 7.2 | 6.5 | 3.5 | 0 | 0 | 0 |
| Inventory | 78.5 | 75.3 | 67.9 | 45.9 | 39.0 | 35.0 | 29.4 | 22.5 | 22.5 | 17.7 | 4.9 | 6.4 | 1.1 | 0 | 0 | 0 |
| Other Current Assets | 9.9 | 9.4 | 8.6 | 0 | 0 | 0 | 0 | 0 | 0 | 3.0 | 3.5 | 1.8 | 0 | 0 | 0 | 0 |
| Total Current Assets | 322.5 | 267.8 | 266.2 | 215.2 | 196.1 | 306.7 | 143.2 | 174.7 | 82.3 | 85.7 | 31.4 | 26.1 | 9.9 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||
| Property, Plant & Equipment | 46.0 | 47.4 | 46.8 | 42.6 | 36.2 | 30.2 | 36.7 | 27.1 | 28.7 | 30.0 | 3.0 | 3.7 | 2.4 | 0 | 0 | 0 |
| Goodwill | 282.8 | 234.8 | 234.8 | 234.8 | 234.8 | 234.8 | 234.8 | 105.3 | 105.3 | 105.3 | 0 | 6.8 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 56.5 | 64.0 | 39.3 | 43.0 | 128.2 | 129.9 | 49.3 | 50.8 | 52.1 | 0.3 | 0.6 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 51.5 | 104.3 | 14.2 | 12.7 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.9 | 2.9 | 2.2 | 2.0 | 1.0 | 0.4 | 0.7 | 0.5 | 0.7 | 0.3 | 0.3 | 6.2 | 0.4 | 0 | 0 | 0 |
| Total Non-Current Assets | 331.7 | 341.5 | 347.7 | 370.2 | 419.2 | 407.8 | 414.7 | 182.1 | 185.4 | 190.7 | 3.6 | 17.3 | 2.8 | 0 | 0 | 0 |
| Total Assets | 654.2 | 609.3 | 613.9 | 585.4 | 615.3 | 714.5 | 557.9 | 356.8 | 267.7 | 276.4 | 35.0 | 43.4 | 12.7 | 14.8 | 17.6 | 2.1 |
| Current Liabilities | ||||||||||||||||
| Account Payables | 78.4 | 25.0 | 27.4 | 19.9 | 18.6 | 12.7 | 14.9 | 9.7 | 12.4 | 10.7 | 3.6 | 5.2 | 0.7 | 0 | 0 | 0 |
| Short-Term Debt | 3.1 | 2.8 | 2.5 | 3.3 | 0 | 6.7 | 2.2 | 4.7 | 0.6 | 1.7 | 2.2 | 0.0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.6 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 45.6 | 2.8 | 2.8 | 33.4 | 9.1 | 5.6 | 12.2 | 10.1 | 9.3 | 0 | 0 | 0.8 | 0 | 0 | 0 |
| Total Current Liabilities | 81.5 | 73.4 | 74.6 | 58.4 | 56.4 | 49.1 | 49.9 | 40.2 | 31.9 | 28.8 | 11.8 | 8.1 | 3.3 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||
| Long-Term Debt | 73.4 | 61.9 | 60.6 | 56.8 | 59.7 | 53.4 | 59.6 | 35.6 | 24.1 | 23.9 | 2.7 | 6.0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (4.2) | 1.2 | 1.2 | 1.2 | 1.2 | 187.4 | 186.4 | 19.4 | 37.8 | 41.9 | 3.4 | 0.1 | 36.8 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 80.7 | 74.9 | 73.2 | 70.3 | 75.1 | 253.0 | 260.6 | 67.2 | 74.6 | 79.2 | 6.1 | 6.1 | 36.8 | 0 | 0 | 0 |
| Total Liabilities | 162.2 | 148.4 | 147.8 | 128.7 | 131.6 | 302.1 | 310.5 | 107.4 | 106.5 | 108.0 | 17.9 | 14.2 | 40.1 | 33.7 | 0.6 | 0.3 |
| Stockholders' Equity | ||||||||||||||||
| Common Stock | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 |
| Retained Earnings | (413.2) | (401.8) | (357.1) | (326.6) | (280.2) | (330.4) | (282.2) | (247.0) | (225.9) | (199.0) | (94.0) | (77.5) | (29.6) | (20.1) | (9.0) | (3.5) |
| Accumulated Other Comprehensive Income | 0.6 | (1.0) | (1.0) | (4.1) | (0.9) | 0.3 | (0.2) | (0.2) | 0.0 | (0.5) | 0.1 | (0.1) | (1.0) | 0 | 0 | 0 |
| Total Stockholders' Equity | 491.9 | 461.0 | 466.2 | 456.8 | 483.8 | 412.4 | 247.3 | 249.4 | 161.2 | 168.4 | 17.1 | 29.1 | (27.3) | (18.9) | 17.0 | 1.7 |
| Total Liabilities & Equity | 654.2 | 609.3 | 613.9 | 585.4 | 615.3 | 714.5 | 557.9 | 356.8 | 267.7 | 276.4 | 35.0 | 43.4 | 12.7 | 14.8 | 17.6 | 2.1 |
| Debt Metrics | ||||||||||||||||
| Total Debt | 88.0 | 76.5 | 74.5 | 74.5 | 75.6 | 74.0 | 76.4 | 52.5 | 37.4 | 38.9 | 4.9 | 6.1 | 0 | 0 | 0 | 0 |
| Net Debt | (79.4) | (46.2) | (9.8) | 16.4 | 32.0 | 32.1 | 47.9 | 20.2 | 15.6 | 14.7 | (4.0) | (5.4) | (5.2) | 0 | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | (11.4) | 0 | (30.4) | (46.5) | 50.2 | (48.2) | (35.2) | (21.1) | (26.9) | (33.3) | (12.7) | (9.5) |
| Depreciation & Amortization | 20.5 | 0 | 14.8 | 11.7 | 10.4 | 9.5 | 9.4 | 8.8 | 9.1 | 9.3 | 1.6 | 1.0 |
| Stock-Based Compensation | 44.7 | 0 | 35.7 | 28.8 | 28.1 | 22.6 | 18.0 | 16.5 | 14.6 | 11.7 | 0 | 0 |
| Change in Working Capital | (4.3) | (18.4) | (18.2) | (18.9) | (4.8) | (6.6) | (4.6) | 1.4 | (2.0) | (5.1) | 0.2 | (0.2) |
| Other Non-Cash Items | 7.9 | 30.6 | 2.6 | 2.7 | (182.4) | 1.2 | (3.8) | (10.4) | (3.8) | 1.2 | 3.3 | 4.9 |
| Operating Cash Flow | 57.3 | 12.2 | 4.5 | (22.1) | (13.8) | (19.9) | (15.8) | (4.2) | (8.9) | (15.1) | (7.6) | (3.8) |
| Investing Activities | ||||||||||||
| Capital Expenditure | (9.1) | (23.5) | (42.0) | (16.9) | (9.8) | (5.3) | (12.2) | (6.2) | (6.4) | (7.7) | (2.0) | (1.5) |
| Acquisitions | 0 | 0 | 0 | (44.0) | (33.3) | 0 | (17.2) | 0.0 | 0 | 0.0 | (6.4) | 0 |
| Purchases of Investments | 0 | 0 | 0 | (24.6) | (173.1) | (227.0) | (73.2) | (106.6) | (16.5) | (28.6) | (6.4) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 63.8 | 85.5 | 206.4 | 75.3 | 100.5 | 27.4 | 26.6 | 24.2 | 0 | 0 |
| Other Investing Activities | (5.5) | 30.2 | (30) | 44.0 | 33.3 | 0.8 | 0.0 | 0.0 | 10.1 | 0.0 | 0 | 0 |
| Investing Cash Flow | (14.6) | 30.2 | 21.8 | 44.0 | 23.5 | (156.2) | (2.1) | (85.4) | 3.8 | (12.1) | (14.7) | (1.5) |
| Financing Activities | ||||||||||||
| Net Debt Issuance | 5.0 | (1.7) | (1.0) | (0.9) | (0.8) | (0.7) | 19.9 | 15.6 | (1.7) | 24.6 | 1.4 | 0 |
| Stock Repurchased | (11.2) | (7.0) | (6.6) | (12.2) | (18.0) | (13.0) | (9.0) | (4.5) | (2.0) | (1.7) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 5.0 | 7.5 | 6.0 | 11.2 | 14.1 | 3.5 | 6.1 | 6.5 | 4.8 | 0 | 0 |
| Financing Cash Flow | 1.2 | (3.6) | (0.0) | (7.1) | (7.6) | 189.4 | 14.4 | 100.2 | 2.8 | 27.7 | 44.6 | 0.1 |
| Cash Position | ||||||||||||
| Net Change in Cash | 44.7 | 38.4 | 26.2 | 14.4 | 1.7 | 13.5 | (3.7) | 10.4 | (2.4) | 0.4 | 22.3 | (5.2) |
| Cash at Beginning | 122.7 | 84.3 | 58.1 | 43.7 | 41.9 | 28.5 | 32.2 | 21.8 | 24.2 | 23.8 | 5.2 | 10.4 |
| Cash at End | 167.4 | 122.7 | 84.3 | 58.1 | 43.7 | 41.9 | 28.5 | 32.2 | 21.8 | 24.2 | 27.4 | 5.2 |
| Free Cash Flow | 48.3 | (11.3) | (37.5) | (39.0) | (23.5) | (25.1) | (28.0) | (10.4) | (15.3) | (22.8) | (9.6) | (5.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 534.5 | 465.3 | 399.2 | 330.4 | 274.3 | 206.5 | 230.8 | 201.6 | 174.7 | 155.1 | 129.8 | 107.5 | 81.9 | 70.2 | 64.4 | 59.0 | 54.5 | 55.3 | 48.3 | 38.2 | 31.0 | 19.2 | 9.8 | 1.8 | 0.0 |
| Gross Profit | 397.7 | 347.5 | 300.4 | 245.9 | 205.9 | 149.3 | 170.3 | 147.1 | 126.2 | 111.1 | 92.9 | 75.8 | 59.6 | 50.0 | 47.0 | 45.4 | 41.8 | 42.0 | 38.2 | 30.6 | 22.9 | 14.0 | 7.2 | 1.1 | 0.0 |
| Operating Income | (3.4) | (40.0) | (26.7) | (42.7) | 55.2 | (44.2) | (33.1) | (17.1) | (25.0) | (31.1) | (26.7) | (16.4) | (10.9) | (7.2) | (4.7) | (3.2) | (15.5) | (11.0) | (12.6) | (14.8) | (10.8) | (5.7) | (3.4) | (5.7) | (3.1) |
| Net Income | (11.4) | (44.7) | (30.4) | (46.5) | 50.2 | (48.2) | (35.2) | (21.1) | (26.9) | (33.3) | (27.2) | (16.2) | (11.5) | (7.5) | (5.5) | (3.8) | (16.5) | (10.2) | (11.3) | (13.7) | (12.7) | (9.5) | (7.1) | (9.0) | (3.6) |
| EPS (Diluted) | -0.24 | -0.95 | -0.66 | -1.02 | 1.09 | -1.14 | -0.94 | -0.62 | -0.83 | -1.05 | -0.97 | -0.61 | -0.56 | -0.47 | -0.35 | -0.25 | -1.13 | -0.72 | -0.84 | -1.13 | -2.10 | -5.17 | -3.97 | -5.08 | -2.04 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 167.4 | 122.7 | 84.3 | 58.1 | 43.7 | 41.9 | 28.5 | 32.2 | 21.8 | 24.2 | 8.9 | 11.4 | 5.2 | 0 | 0 | 0 | |||||||||
| Total Assets | 654.2 | 609.3 | 613.9 | 585.4 | 615.3 | 714.5 | 557.9 | 356.8 | 267.7 | 276.4 | 35.0 | 43.4 | 12.7 | 14.8 | 17.6 | 2.1 | |||||||||
| Total Debt | 88.0 | 76.5 | 74.5 | 74.5 | 75.6 | 74.0 | 76.4 | 52.5 | 37.4 | 38.9 | 4.9 | 6.1 | 0 | 0 | 0 | 0 | |||||||||
| Stockholders' Equity | 491.9 | 461.0 | 466.2 | 456.8 | 483.8 | 412.4 | 247.3 | 249.4 | 161.2 | 168.4 | 17.1 | 29.1 | (27.3) | (18.9) | 17.0 | 1.7 | |||||||||
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | 57.3 | 12.2 | 4.5 | (22.1) | (13.8) | (19.9) | (15.8) | (4.2) | (8.9) | (15.1) | (7.6) | (3.8) | |||||||||||||
| Capital Expenditure | (9.1) | (23.5) | (42.0) | (16.9) | (9.8) | (5.3) | (12.2) | (6.2) | (6.4) | (7.7) | (2.0) | (1.5) | |||||||||||||
| Free Cash Flow | 48.3 | (11.3) | (37.5) | (39.0) | (23.5) | (25.1) | (28.0) | (10.4) | (15.3) | (22.8) | (9.6) | (5.3) | |||||||||||||