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Stocks · Health care · Surgical & Medical Instruments & Apparatus

CVRx, Inc.

CVRX Clue Score61
United States Fiscal year ends December CIK 0001235912
$1.58 -5.95% Close, 9 Oct 2026
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Price $1.58 −90.16% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 30 Jun 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue6.1Operating income−11.5Net income−14.1Fiscal year 2021Revenue13.0 +115.4%Operating income−26.0Net income−43.1EPS, diluted−4.16Fiscal year 2022Revenue22.5 +72.4%Operating income−42.5Net income−41.4EPS, diluted−2.02Fiscal year 2023Revenue39.3 +74.9%Operating income−43.1Net income−41.2EPS, diluted−1.99Fiscal year 2024Revenue51.3 +30.5%Operating income−59.5Net income−60.0EPS, diluted−2.65Fiscal year 2025Revenue56.7 +10.4%Operating income−51.3Net income−53.3EPS, diluted−2.04
FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 6.1 13.0 22.5 39.3 51.3 56.7
Growth +115.4% +72.4% +74.9% +30.5% +10.4%
Operating income −11.5 −26.0 −42.5 −43.1 −59.5 −51.3
Net income −14.1 −43.1 −41.4 −41.2 −60.0 −53.3
Growth
EPS, diluted n/a −4.16 −2.02 −1.99 −2.65 −2.04

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2020Gross margin76.2%Operating margin−190.2%Net margin−233.1%Free cash flow margin−271.1%Fiscal year 2021Gross margin72.1%Operating margin−199.2%Net margin−330.5%Free cash flow margin−221.8%Fiscal year 2022Gross margin77.8%Operating margin−189.3%Net margin−184.4%Free cash flow margin−193.0%Fiscal year 2023Gross margin84.1%Operating margin−109.7%Net margin−104.8%Free cash flow margin−100.8%Fiscal year 2024Gross margin83.8%Operating margin−116.0%Net margin−116.9%Free cash flow margin−79.0%Fiscal year 2025Gross margin85.3%Operating margin−90.5%Net margin−94.1%Free cash flow margin−71.9%
FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 76.2% 72.1% 77.8% 84.1% 83.8% 85.3%
Operating margin −190.2% −199.2% −189.3% −109.7% −116.0% −90.5%
Net margin −233.1% −330.5% −184.4% −104.8% −116.9% −94.1%
Free cash flow margin −271.1% −221.8% −193.0% −100.8% −79.0% −71.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−16.1Capital expenditure−0.3Free cash flow−16.4Fiscal year 2021Operating cash flow−27.7Capital expenditure−1.2Free cash flow−28.9Fiscal year 2022Operating cash flow−42.7Capital expenditure−0.7Free cash flow−43.4Fiscal year 2023Operating cash flow−39.0Capital expenditure−0.6Free cash flow−39.6Fiscal year 2024Operating cash flow−39.1Capital expenditure−1.4Free cash flow−40.5Fiscal year 2025Operating cash flow−40.2Capital expenditure−0.6Free cash flow−40.8
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −16.1 −27.7 −42.7 −39.0 −39.1 −40.2
Capital expenditure −0.3 −1.2 −0.7 −0.6 −1.4 −0.6
Free cash flow −16.4 −28.9 −43.4 −39.6 −40.5 −40.8
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Cash59.1Total debt19.3Net cash (debt)39.8Shareholders’ equity−293.2Fiscal year 2021Cash142.1Total debt0.0Net cash (debt)142.1Shareholders’ equity146.0Debt to equity0.00Fiscal year 2022Cash106.2Total debt6.7Net cash (debt)99.4Shareholders’ equity109.2Debt to equity0.06Fiscal year 2023Cash90.6Total debt29.2Net cash (debt)61.3Shareholders’ equity75.9Debt to equity0.38Fiscal year 2024Cash105.9Total debt49.3Net cash (debt)56.7Shareholders’ equity71.1Debt to equity0.69Fiscal year 2025Cash75.7Total debt49.5Net cash (debt)26.2Shareholders’ equity39.3Debt to equity1.26
FY2020FY2021FY2022FY2023FY2024FY2025
Cash 59.1 142.1 106.2 90.6 105.9 75.7
Total debt 19.3 0.0 6.7 29.2 49.3 49.5
Net cash (debt) 39.8 142.1 99.4 61.3 56.7 26.2
Shareholders’ equity −293.2 146.0 109.2 75.9 71.1 39.3
Debt to equity n/a 0.00 0.06 0.38 0.69 1.26

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
76.2% 72.1% 77.8% 84.1% 83.8% 85.3%
−190.2% −199.2% −189.3% −109.7% −116.0% −90.5%
−231.7% −329.8% −183.9% −104.5% −116.8% −94.1%
−233.1% −330.5% −184.4% −104.8% −116.9% −94.1%
−271.1% −221.8% −193.0% −100.8% −79.0% −71.9%
Spending
105.9% 57.5% 44.3% 29.6% 21.7% 19.7%
160.5% 213.7% 222.7% 164.2% 178.0% 156.2%
5.1% 9.1% 3.0% 1.5% 2.7% 1.0%
Returns
n/a −29.5% −37.9% −54.2% −84.4% −135.6%
−21.8% −28.2% −33.2% −35.8% −44.9% −50.9%
Balance and payout
n/a 0.00 0.06 0.38 0.69 1.26
43.3% 4.3% 12.6% 34.1% 46.7% 62.5%