CVRx, Inc. (CVRX) — Financial statements
Income statement, balance sheet, and cash flow for CVRx, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 57↑10.4% | 51↑30.5% | 39↑74.9% | 22↑72.4% | 13 | |
| Cost of Revenue | 8↓0.3% | 8↑33.2% | 6↑25.1% | 5↑37.3% | 4 | |
| Gross Profit | 48↑12.5% | 43↑30.0% | 33↑89.1% | 17↑85.9% | 9 | |
| Operating Expenses | ||||||
| R&D Expenses | 11↑0.0% | 11↓4.3% | 12↑16.9% | 10↑32.7% | 8 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 88↓3.1% | 91↑41.6% | 65↑28.9% | 50↑79.6% | 28 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 100↓2.8% | 102↑34.5% | 76↑26.9% | 60↑69.7% | 35 | |
| Total Costs & Expenses | 108↓2.6% | 111↑34.4% | 82↑26.8% | 65↑66.6% | 39 | |
| Operating Results | ||||||
| Operating Income | -51↑13.8% | -59↓38.0% | -43↓1.4% | -43↓63.8% | -26 | |
| Depreciation & Amortization | 0.76↑22.1% | 0.62↑18.6% | 0.52↑26.7% | 0.41↑145.2% | 0.17 | |
| EBITDA | -47↑14.9% | -55↓41.7% | -39↑4.9% | -41↓0.3% | -41 | |
| EBIT | -47↑14.4% | -56↓41.4% | -39↑4.6% | -41↓0.9% | -41 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6↓32.5% | -4↓144.4% | -2↓990.3% | -0.17↑92.6% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 6↑32.5% | 4↑144.4% | 2↑990.3% | 0.17↓92.6% | 2 | |
| Non-Operating Income | -4↑5.3% | -4↓3.3% | -4↓180.4% | -1↓109.3% | 15 | |
| Other Income / Expenses | -2↓390.2% | -0.42↓120.5% | 2↑69.8% | 1↑107.1% | -17 | |
| Income Before Tax | -53↑11.0% | -60↓45.9% | -41↑0.6% | -41↑3.9% | -43 | |
| Income Tax Expense | -0.02↓132.7% | 0.06↓62.6% | 0.15↑34.9% | 0.11↑19.8% | 0.09 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -53↑11.1% | -60↓45.5% | -41↑0.6% | -41↑3.8% | -43 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -53↑11.1% | -60↓45.5% | -41↑0.6% | -41↑3.8% | -43 | |
| Bottom-Line Net Income | -53↑11.1% | -60↓45.5% | -41↑0.6% | -41↑3.8% | -43 | |
| EPS (Basic) | -2.04↑23.0% | -2.65↓33.2% | -1.99↑1.5% | -2.02↑4.3% | -2.11 | |
| EPS (Diluted) | -2.04↑23.0% | -2.65↓33.2% | -1.99↑1.5% | -2.02↑4.3% | -2.11 | |
| Weighted Average Shares | 26↑15.4% | 23↑9.1% | 21↑0.9% | 21↓1.0% | 21 | |
| Weighted Average Diluted Shares | 26↑15.4% | 23↑8.9% | 21↑1.1% | 21↓0.9% | 21 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.