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How AtriCure (ATRC) makes money

AtriCure (ATRC) made $154M of revenue in the third quarter 2026 (Q3 2026), +15% from a year earlier. Of every dollar of revenue, 77¢ was left as gross profit, 3¢ was left as operating profit, 3¢ was left as net earnings.

Drawing the Sankey…

AtriCure revenue by quarterAtriCure revenue by quarter$124MQ1 2025$136MQ2 2025$134MQ3 2025$140MQ4 2025$141MQ1 2026$154MQ2 2026$154MQ3 2026
AtriCure: where each dollar of revenue goesAtriCure: where each dollar of revenue goesCost of revenue23¢Gross profit77¢Operating expenses74¢Operating profit3¢Net earnings3¢Operating cash flow20¢Free cash flow15¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$154M100.0%
Cost of revenue$35.1M22.7%
Gross profit$119M77.3%
Operating expenses$115M74.5%
Operating profit$4.4M2.8%
Net earnings$4.1M2.6%
Operating cash flow$30.3M19.6%
Free cash flow$23.9M15.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$154M+15%
Q2 2026$154M+13%
Q1 2026$141M+14%
Q4 2025$140M+13%
Q3 2025$134M+16%
Q2 2025$136M+17%
Q1 2025$124M+14%

From AtriCure's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does AtriCure make money?

AtriCure (ATRC) made $154M of revenue in the third quarter 2026 (Q3 2026), +15% from a year earlier. Of every dollar of revenue, 77¢ was left as gross profit, 3¢ was left as operating profit, 3¢ was left as net earnings.

What is AtriCure's profit margin?

Net earnings were $4.1M, 2.6% of revenue, in the third quarter 2026; the operating margin was 2.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.