NASDAQ$CVRX

CVRx Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

CVRx reported Q2 2025 revenue of $13.6 million, up 15% year-over-year, with continued U.S. commercial expansion.

CVRx achieved revenue of $13.6 million in Q2 2025, driven by 15% growth in U.S. heart failure sales to $12.2 million. The company maintained an 84% gross margin while reporting a net loss of $14.7 million. Active U.S. implanting centers reached 240 with 47 sales territories.

  • Q2 revenue grew 15% YoY to $13.6 million, led by U.S. HF unit growth to 387 implants.
  • Gross margin held steady at 84% despite higher sales volume.
  • U.S. active implanting centers increased to 240 and sales territories to 47.
  • Cash position stood at $95.0 million with net loss of $14.7 million for the quarter.

Headline financials

Total Revenue

$13.6M

Previous: $11.8M+15.1%
EPS (adj)

-$0.57

Previous: -$0.65+12.3%
U.S. HF Revenue Units

387

Previous: 339+14.2%
U.S. Sales Territories

47

No prior period
Europe Sales Territories

5

No prior period
Europe Revenue Units

61

Previous: 63-3.2%
Active Implanting Centers (US)

240

No prior period
Capital Expenditures

-$217K

Previous: -$1.27M+82.9%
Net Income

-$14.7M

Previous: -$14M-5.0%
Operating Income

-$14.4M

Previous: -$14M-2.9%
Gross Profit

$11.5M

Previous: $9.91M+15.6%
Cash & Equivalents

$95M

Previous: $70.4M+35.0%

Revenue & EPS history

CVRx · Revenue · Quarterly

$13.6M

Q2 2025+15.1%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

No explicit numerical guidance provided for remainder of 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-0.9%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.6%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+36.7%

Q3 2024

Best reaction

-39.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-6.7%-13.3%-29.2%
Q4 2025-13.0%-14.8%+32.3%
Q3 2025+0.8%-3.4%-8.5%
Q1 2025-39.0%-32.0%-15.7%
Q4 2024-7.2%-8.4%-28.8%
Q3 2024+36.7%+30.2%+48.8%
Q2 2024-17.5%-14.4%+3.3%
Q1 2024-33.8%-39.7%-55.0%
Q4 2023-1.4%-6.1%-19.6%
Q3 2023-1.2%+0.5%+50.4%
Q2 2023+6.2%+5.7%+2.3%
Q1 2023+24.0%+34.2%+41.1%
Q4 2022+3.1%+5.9%-24.2%
Q3 2022+2.7%+21.4%+43.1%
Q2 2022+22.1%+24.6%+4.6%
Q1 2021-3.4%-12.0%-6.3%
Q1 2022+12.6%+28.5%+14.0%
Q4 2021+0.9%+0.0%-21.2%
Q3 2021+4.8%+4.1%-36.5%
Q2 2020-4.7%-13.0%-13.0%
Q2 2021-5.6%-7.5%-15.8%
Q4 2020
Q3 2020
Q1 2020

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