CVRx (CVRX) Revenue & Revenue Breakdown


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CVRx Revenue Highlights


Latest Revenue (Y)

$39.30M

Latest Revenue (Q)

$13.37M

Main Geography (Y)

U.S.

CVRx Revenue by Period


CVRx Revenue by Year

DateRevenueChange
2023-12-31$39.30M74.89%
2022-12-31$22.47M72.36%
2021-12-31$13.04M115.36%
2020-12-31$6.05M-3.26%
2019-12-31$6.26M-

CVRx generated $39.30M in revenue during NA 2023, up 74.89% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

CVRx Revenue by Quarter

DateRevenueChange
2024-09-30$13.37M13.26%
2024-06-30$11.81M9.63%
2024-03-31$10.77M-4.73%
2023-12-31$11.30M7.55%
2023-09-30$10.51M10.64%
2023-06-30$9.50M19.06%
2023-03-31$7.98M11.19%
2022-12-31$7.18M16.00%
2022-09-30$6.19M22.96%
2022-06-30$5.03M23.43%
2022-03-31$4.08M11.43%
2021-12-31$3.66M7.75%
2021-09-30$3.40M8.71%
2021-06-30$3.12M9.20%
2021-03-31$2.86M36.97%
2020-12-31$2.09M109.43%
2020-09-30$997.00K-20.24%
2020-06-30$1.25M-27.24%
2020-03-31$1.72M-

CVRx generated $13.37M in revenue during Q3 2024, up 13.26% compared to the previous quarter, and up 140.77% compared to the same period a year ago.

CVRx Revenue Breakdown


CVRx Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Other countries$494.00K$971.00K$639.00K
U.S.$35.11M$18.02M$9.15M
Germany$3.69M$3.48M$3.25M

CVRx's latest annual revenue breakdown by geography, as of Dec 23: U.S. (89.35%), Germany (9.39%), and Other countries (1.26%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Other Countries$266.00K$332.00K-----------
UNITED STATES$12.30M$10.67M-----------
GERMANY$807.00K$802.00K-----------
U.S.--$9.84M$19.87M$8.30M$6.94M$5.99M$5.04M$3.94M$3.06M$2.86M$2.57M$2.10M
Other countries--$58.00K$271.00K$77.00K$146.00K$457.00K$214.00K$85.00K$215.00K$139.00K$141.00K$219.00K
Germany--$877.00K$1.67M$1.13M$891.00K$733.00K$933.00K$1.01M$803.00K$661.00K$682.00K$799.00K

CVRx's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (91.98%), GERMANY (6.03%), and Other Countries (1.99%).

CVRx Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LIVNLivaNova$1.15B$318.11M
AORTArtivion$354.00M$95.78M
ANIKAnika Therapeutics$166.66M$38.75M
AXGNAxoGen$159.01M$48.64M
KIDSOrthoPediatrics$148.73M$52.80M
SRDXSurmodics$126.08M$30.34M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
NPCENeuroPace$65.42M$21.06M
CVRXCVRx$39.30M$13.37M
AXDXAccelerate Diagnostics$12.06M$2.98M
OFIXOrthofix Medical$100.00K$198.62M

CVRX Revenue FAQ


What is CVRx’s yearly revenue?

CVRx's yearly revenue for 2023 was $39.3M, representing an increase of 74.89% compared to 2022. The company's yearly revenue for 2022 was $22.47M, representing an increase of 72.36% compared to 2021. CVRX's yearly revenue for 2021 was $13.04M, representing an increase of 115.36% compared to 2020.

What is CVRx’s quarterly revenue?

CVRx's quarterly revenue for Q3 2024 was $13.37M, a 13.26% increase from the previous quarter (Q2 2024), and a 27.23% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $11.81M, a 9.63% increase from the previous quarter (Q1 2024), and a 24.28% increase year-over-year (Q2 2023). CVRX's quarterly revenue for Q1 2024 was $10.77M, a -4.73% decrease from the previous quarter (Q4 2023), and a 34.98% increase year-over-year (Q1 2023).

What is CVRx’s revenue growth rate?

CVRx's revenue growth rate for the last 3 years (2021-2023) was 201.43%, and for the last 5 years (2019-2023) was 528.02%.