AtriCure Inc
NASDAQ:ATRC
Income Statement
Earnings Waterfall
AtriCure Inc
Revenue
|
414.6m
USD
|
Cost of Revenue
|
-102.5m
USD
|
Gross Profit
|
312.1m
USD
|
Operating Expenses
|
-343.9m
USD
|
Operating Income
|
-31.8m
USD
|
Other Expenses
|
-5.5m
USD
|
Net Income
|
-37.3m
USD
|
Income Statement
AtriCure Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
87
N/A
|
93
+7%
|
100
+7%
|
108
+8%
|
113
+5%
|
119
+5%
|
123
+4%
|
130
+5%
|
136
+5%
|
143
+5%
|
150
+5%
|
155
+4%
|
161
+3%
|
166
+3%
|
170
+2%
|
175
+3%
|
181
+3%
|
187
+4%
|
195
+4%
|
202
+3%
|
209
+3%
|
216
+3%
|
222
+3%
|
231
+4%
|
230
0%
|
212
-8%
|
210
-1%
|
207
-2%
|
213
+3%
|
243
+14%
|
259
+6%
|
274
+6%
|
290
+6%
|
303
+5%
|
316
+4%
|
330
+5%
|
349
+6%
|
366
+5%
|
381
+4%
|
399
+5%
|
415
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(24)
|
(27)
|
(29)
|
(32)
|
(33)
|
(35)
|
(36)
|
(37)
|
(39)
|
(40)
|
(42)
|
(44)
|
(45)
|
(47)
|
(48)
|
(49)
|
(50)
|
(51)
|
(54)
|
(55)
|
(56)
|
(57)
|
(58)
|
(61)
|
(61)
|
(59)
|
(58)
|
(57)
|
(58)
|
(62)
|
(66)
|
(69)
|
(73)
|
(76)
|
(80)
|
(84)
|
(89)
|
(92)
|
(95)
|
(99)
|
(103)
|
|
Gross Profit |
63
N/A
|
67
+6%
|
71
+6%
|
76
+7%
|
80
+5%
|
84
+5%
|
88
+4%
|
93
+6%
|
97
+4%
|
103
+6%
|
108
+5%
|
111
+3%
|
115
+4%
|
119
+3%
|
122
+3%
|
126
+3%
|
131
+4%
|
136
+4%
|
141
+4%
|
147
+4%
|
153
+4%
|
158
+4%
|
164
+4%
|
170
+4%
|
169
-1%
|
153
-10%
|
152
-1%
|
149
-2%
|
155
+4%
|
181
+17%
|
193
+7%
|
206
+7%
|
217
+5%
|
226
+4%
|
236
+4%
|
246
+4%
|
260
+6%
|
274
+5%
|
286
+4%
|
300
+5%
|
312
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(80)
|
(85)
|
(88)
|
(92)
|
(93)
|
(100)
|
(109)
|
(120)
|
(128)
|
(137)
|
(142)
|
(142)
|
(146)
|
(149)
|
(153)
|
(151)
|
(155)
|
(154)
|
(158)
|
(164)
|
(166)
|
(176)
|
(182)
|
(199)
|
(213)
|
(200)
|
(194)
|
(190)
|
(200)
|
(234)
|
(57)
|
(68)
|
(160)
|
(168)
|
(287)
|
(289)
|
(294)
|
(299)
|
(308)
|
(327)
|
(344)
|
|
Selling, General & Administrative |
(66)
|
(70)
|
(70)
|
(74)
|
(73)
|
(78)
|
(86)
|
(94)
|
(99)
|
(105)
|
(108)
|
(106)
|
(110)
|
(112)
|
(117)
|
(117)
|
(122)
|
(120)
|
(124)
|
(130)
|
(132)
|
(141)
|
(145)
|
(158)
|
(165)
|
(152)
|
(148)
|
(147)
|
(153)
|
(185)
|
(201)
|
(205)
|
(217)
|
(222)
|
(230)
|
(231)
|
(235)
|
(236)
|
(240)
|
(250)
|
(263)
|
|
Research & Development |
(14)
|
(15)
|
(17)
|
(19)
|
(20)
|
(22)
|
(23)
|
(26)
|
(29)
|
(32)
|
(34)
|
(36)
|
(37)
|
(37)
|
(36)
|
(34)
|
(34)
|
(34)
|
(34)
|
(35)
|
(34)
|
(35)
|
(37)
|
(41)
|
(45)
|
(45)
|
(45)
|
(43)
|
(43)
|
(45)
|
(46)
|
(49)
|
(51)
|
(54)
|
(57)
|
(57)
|
(59)
|
(62)
|
(67)
|
(74)
|
(78)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(4)
|
(4)
|
190
|
185
|
108
|
108
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
|
Operating Income |
(17)
N/A
|
(18)
-8%
|
(16)
+10%
|
(16)
N/A
|
(14)
+17%
|
(16)
-14%
|
(21)
-34%
|
(27)
-28%
|
(31)
-16%
|
(34)
-9%
|
(34)
-1%
|
(31)
+9%
|
(31)
-1%
|
(30)
+4%
|
(31)
-2%
|
(25)
+18%
|
(25)
+1%
|
(17)
+30%
|
(17)
+5%
|
(17)
-4%
|
(13)
+25%
|
(18)
-37%
|
(18)
+1%
|
(29)
-66%
|
(43)
-48%
|
(47)
-8%
|
(42)
+10%
|
(40)
+4%
|
(45)
-11%
|
(53)
-17%
|
136
N/A
|
138
+1%
|
57
-59%
|
58
+2%
|
(51)
N/A
|
(43)
+16%
|
(34)
+20%
|
(25)
+28%
|
(22)
+11%
|
(27)
-21%
|
(32)
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(86)
|
(82)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(5)
|
|
Pre-Tax Income |
(17)
N/A
|
(18)
-5%
|
(16)
+12%
|
(16)
-2%
|
(14)
+15%
|
(16)
-16%
|
(22)
-35%
|
(27)
-26%
|
(32)
-16%
|
(35)
-10%
|
(36)
-2%
|
(33)
+6%
|
(34)
-2%
|
(33)
+4%
|
(33)
-1%
|
(27)
+18%
|
(27)
+0%
|
(20)
+25%
|
(20)
N/A
|
(21)
-3%
|
(17)
+21%
|
(20)
-23%
|
(22)
-10%
|
(35)
-56%
|
(46)
-31%
|
(50)
-9%
|
(46)
+9%
|
(48)
-5%
|
(49)
-1%
|
(57)
-16%
|
46
N/A
|
50
+11%
|
52
+3%
|
54
+3%
|
(56)
N/A
|
(46)
+17%
|
(37)
+19%
|
(28)
+26%
|
(24)
+12%
|
(30)
-22%
|
(37)
-22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(17)
|
(18)
|
(16)
|
(16)
|
(14)
|
(16)
|
(22)
|
(27)
|
(32)
|
(35)
|
(36)
|
(33)
|
(34)
|
(33)
|
(33)
|
(26)
|
(26)
|
(19)
|
(19)
|
(22)
|
(18)
|
(22)
|
(24)
|
(35)
|
(46)
|
(50)
|
(46)
|
(48)
|
(49)
|
(57)
|
45
|
50
|
52
|
53
|
(56)
|
(47)
|
(38)
|
(28)
|
(25)
|
(30)
|
(37)
|
|
Net Income (Common) |
(17)
N/A
|
(18)
-5%
|
(16)
+12%
|
(16)
-2%
|
(14)
+15%
|
(16)
-16%
|
(22)
-35%
|
(27)
-26%
|
(32)
-16%
|
(35)
-10%
|
(36)
-2%
|
(33)
+6%
|
(34)
-2%
|
(33)
+4%
|
(33)
-1%
|
(27)
+18%
|
(27)
+0%
|
(20)
+25%
|
(20)
N/A
|
(21)
-4%
|
(17)
+22%
|
(20)
-23%
|
(23)
-11%
|
(35)
-56%
|
(46)
-31%
|
(50)
-9%
|
(46)
+9%
|
(48)
-6%
|
(49)
-1%
|
(57)
-17%
|
45
N/A
|
50
+11%
|
52
+3%
|
53
+3%
|
(56)
N/A
|
(47)
+17%
|
(38)
+19%
|
(28)
+26%
|
(25)
+11%
|
(30)
-22%
|
(37)
-22%
|
|
EPS (Diluted) |
-0.69
N/A
|
-0.67
+3%
|
-0.59
+12%
|
-0.61
-3%
|
-0.51
+16%
|
-0.59
-16%
|
-0.79
-34%
|
-0.97
-23%
|
-1
-3%
|
-1.1
-10%
|
-1.14
-4%
|
-1.05
+8%
|
-1.06
-1%
|
-1.01
+5%
|
-1.02
-1%
|
-0.83
+19%
|
-0.81
+2%
|
-0.6
+26%
|
-0.6
N/A
|
-0.61
-2%
|
-0.44
+28%
|
-0.54
-23%
|
-0.59
-9%
|
-0.94
-59%
|
-1.2
-28%
|
-1.2
N/A
|
-1.03
+14%
|
-1.14
-11%
|
-1.08
+5%
|
-1.26
-17%
|
0.98
N/A
|
1.09
+11%
|
1.14
+5%
|
1.16
+2%
|
-1.22
N/A
|
-1.02
+16%
|
-0.82
+20%
|
-0.61
+26%
|
-0.54
+11%
|
-0.66
-22%
|
-0.8
-21%
|