Filing Flows › AtriCure (ATRC) › Q1 2026
AtriCure (ATRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
AtriCure (ATRC) reported revenue of $141M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +0.5% from the quarter before. Operating margin was 0.4%, net earnings $108K (0.1% of revenue).
AtriCure, Q1 2026: revenue $141M (+14% year over year), operating margin 0.4%, net earnings $108K, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | +0.5% | +14% |
| Gross profit | $109M | +4% | +18% |
| Operating profit | $526K | -79% | — |
| Net earnings | $108K | -94% | — |
| Operating cash flow | −$4.0M | -120% | — |
What changed
Revenue was $141.2M in Q1 2026, up 14% year over year and up 1% from the previous quarter.
Gross margin was 77.4%, up 2.5 points from Q1 2025. Operating profit was $526K, a 0.4% margin (up 5.2 points year over year). Operating expenses grew 10% against revenue growth of 14%. The fastest-growing cost line was SG&A (+11%). Net earnings were $108K. The effective tax rate was 72.6%.
Operating cash flow was −$4.0M. Non-cash charges added back $5.3M of depreciation and amortization and $11.3M of share-based compensation. Working capital and other items used $20.6M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$7.8M.
Questions
What was AtriCure's revenue in the first quarter 2026?
AtriCure (ATRC) reported revenue of $141M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +0.5% from the quarter before.
Was AtriCure profitable in the first quarter 2026?
Operating profit was $526K (0.4% of revenue) and net earnings $108K.
Source: AtriCure 10-Q on SEC EDGAR.