Filing Flows › CVRx (CVRX) › Q2 2026
CVRx (CVRX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
CVRx (CVRX) reported revenue of $15.7M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +6% from the quarter before. Operating margin was -82.9%, net loss $14.0M (89.4% of revenue).
CVRx, Q2 2026: revenue $15.7M (+16% year over year), operating margin -82.9%, net loss $14.0M, operating cash flow −$8.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.7M | +6% | +16% |
| Operating profit | −$13.0M | — | — |
| Net earnings | −$14.0M | — | — |
| Operating cash flow | −$8.8M | — | — |
What changed
Revenue was $15.7M in Q2 2026, up 16% year over year and up 6% from the previous quarter.
Gross margin was 87.4%, up 3.1 points from Q2 2025. Operating costs exceeded revenue by $13.0M, an operating margin of -82.9%. Operating expenses grew 4% against revenue growth of 16%. The fastest-growing cost line was Research & development (+27%). The quarter ended with a net loss of $14.0M, wider than the previous quarter's $13.1M loss.
Operating cash flow was −$8.8M. Non-cash charges added back $200K of depreciation and $3.7M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of $112K exceeded it, leaving free cash flow of −$8.9M.
Questions
What was CVRx's revenue in the second quarter 2026?
CVRx (CVRX) reported revenue of $15.7M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +6% from the quarter before.
Was CVRx profitable in the second quarter 2026?
Operating loss was $13.0M (-82.9% of revenue) and net loss $14.0M.
Source: CVRx 10-Q on SEC EDGAR.