Filing Flows › CVRx (CVRX) › Q3 2026
CVRx (CVRX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
CVRx (CVRX) reported revenue of $13.8M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -12% from the quarter before. Operating margin was -94.3%, net loss $14.2M (102.4% of revenue).
CVRx, Q3 2026: revenue $13.8M (-6% year over year), operating margin -94.3%, net loss $14.2M, operating cash flow −$10.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.8M | -12% | -6% |
| Operating profit | −$13.0M | — | — |
| Net earnings | −$14.2M | — | — |
| Operating cash flow | −$10.9M | — | — |
What changed
Revenue was $13.8M in Q3 2026, down 6% year over year and down 12% from the previous quarter.
Gross margin was 86.7%, down 0.1 points from Q3 2025. Operating costs exceeded revenue by $13.0M, an operating margin of -94.3%. Operating expenses grew 0% against a revenue fall of 6%. The quarter ended with a net loss of $14.2M, wider than the previous quarter's $14.0M loss.
Operating cash flow was −$10.9M. Non-cash charges added back $200K of depreciation and $2.9M of share-based compensation. Capital expenditures of $98K exceeded it, leaving free cash flow of −$11.0M.
Questions
What was CVRx's revenue in the third quarter 2026?
CVRx (CVRX) reported revenue of $13.8M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -12% from the quarter before.
Was CVRx profitable in the third quarter 2026?
Operating loss was $13.0M (-94.3% of revenue) and net loss $14.2M.
Source: CVRx 10-Q on SEC EDGAR.