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Side-by-side financial comparison of AtriCure, Inc. (ATRC) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

AtriCure, Inc. is the larger business by last-quarter revenue ($140.5M vs $113.1M, roughly 1.2× 1ST SOURCE CORP). On growth, AtriCure, Inc. posted the faster year-over-year revenue change (13.1% vs 8.7%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $18.4M). Over the past eight quarters, AtriCure, Inc.'s revenue compounded faster (13.6% CAGR vs 7.8%).

AtriCure, Inc. is a global medical device company specializing in the research, development, and manufacturing of innovative surgical tools and therapeutic solutions for treating atrial fibrillation and associated cardiac conditions. Its core customers include hospitals, cardiac surgery centers, and healthcare providers across North America, Europe, and the Asia Pacific region, with products designed to support safer, more effective minimally invasive cardiac procedures.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

ATRC vs SRCE — Head-to-Head

Bigger by revenue
ATRC
ATRC
1.2× larger
ATRC
$140.5M
$113.1M
SRCE
Growing faster (revenue YoY)
ATRC
ATRC
+4.3% gap
ATRC
13.1%
8.7%
SRCE
More free cash flow
SRCE
SRCE
$39.7M more FCF
SRCE
$58.1M
$18.4M
ATRC
Faster 2-yr revenue CAGR
ATRC
ATRC
Annualised
ATRC
13.6%
7.8%
SRCE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ATRC
ATRC
SRCE
SRCE
Revenue
$140.5M
$113.1M
Net Profit
$40.0M
Gross Margin
75.0%
Operating Margin
1.8%
45.4%
Net Margin
35.3%
Revenue YoY
13.1%
8.7%
Net Profit YoY
6.5%
EPS (diluted)
$0.04
$1.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRC
ATRC
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$140.5M
$110.8M
Q3 25
$134.3M
$110.7M
Q2 25
$136.1M
$108.2M
Q1 25
$123.6M
$104.0M
Q4 24
$124.3M
$97.8M
Q3 24
$115.9M
$97.9M
Q2 24
$116.3M
$97.3M
Net Profit
ATRC
ATRC
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$41.1M
Q3 25
$-267.0K
$42.3M
Q2 25
$-6.2M
$37.3M
Q1 25
$-6.7M
$37.5M
Q4 24
$31.4M
Q3 24
$-7.9M
$34.9M
Q2 24
$-8.0M
$36.8M
Gross Margin
ATRC
ATRC
SRCE
SRCE
Q1 26
Q4 25
75.0%
Q3 25
75.5%
Q2 25
74.5%
Q1 25
74.9%
Q4 24
74.5%
Q3 24
74.9%
Q2 24
74.7%
Operating Margin
ATRC
ATRC
SRCE
SRCE
Q1 26
45.4%
Q4 25
1.8%
Q3 25
0.2%
49.7%
Q2 25
-4.5%
44.5%
Q1 25
-4.8%
45.8%
Q4 24
-11.7%
Q3 24
-6.4%
46.3%
Q2 24
-6.2%
49.1%
Net Margin
ATRC
ATRC
SRCE
SRCE
Q1 26
35.3%
Q4 25
37.1%
Q3 25
-0.2%
38.2%
Q2 25
-4.5%
34.5%
Q1 25
-5.5%
36.1%
Q4 24
32.1%
Q3 24
-6.8%
35.7%
Q2 24
-6.9%
37.8%
EPS (diluted)
ATRC
ATRC
SRCE
SRCE
Q1 26
$1.63
Q4 25
$0.04
$1.67
Q3 25
$-0.01
$1.71
Q2 25
$-0.13
$1.51
Q1 25
$-0.14
$1.52
Q4 24
$-0.33
$1.27
Q3 24
$-0.17
$1.41
Q2 24
$-0.17
$1.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRC
ATRC
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$167.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$491.9M
$1.3B
Total Assets
$654.2M
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRC
ATRC
SRCE
SRCE
Q1 26
Q4 25
$167.4M
Q3 25
$147.9M
Q2 25
$117.8M
Q1 25
$99.9M
Q4 24
$122.7M
Q3 24
$130.3M
Q2 24
$114.0M
Total Debt
ATRC
ATRC
SRCE
SRCE
Q1 26
Q4 25
Q3 25
$61.9M
Q2 25
$61.9M
Q1 25
$61.9M
Q4 24
Q3 24
$61.9M
Q2 24
$61.9M
Stockholders' Equity
ATRC
ATRC
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$491.9M
$1.3B
Q3 25
$476.5M
$1.2B
Q2 25
$464.5M
$1.2B
Q1 25
$454.6M
$1.2B
Q4 24
$461.0M
$1.1B
Q3 24
$465.0M
$1.1B
Q2 24
$462.1M
$1.0B
Total Assets
ATRC
ATRC
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$654.2M
$9.1B
Q3 25
$635.4M
$9.1B
Q2 25
$608.8M
$9.1B
Q1 25
$591.6M
$9.0B
Q4 24
$609.3M
$8.9B
Q3 24
$615.1M
$8.8B
Q2 24
$597.3M
$8.9B
Debt / Equity
ATRC
ATRC
SRCE
SRCE
Q1 26
Q4 25
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.14×
Q4 24
Q3 24
0.13×
Q2 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRC
ATRC
SRCE
SRCE
Operating Cash FlowLast quarter
$20.0M
$59.1M
Free Cash FlowOCF − Capex
$18.4M
$58.1M
FCF MarginFCF / Revenue
13.1%
51.4%
Capex IntensityCapex / Revenue
1.1%
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$48.3M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRC
ATRC
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$20.0M
$223.1M
Q3 25
$26.7M
$51.0M
Q2 25
$21.6M
$44.9M
Q1 25
$-11.0M
$71.8M
Q4 24
$5.8M
$193.9M
Q3 24
$20.0M
$68.4M
Q2 24
$7.4M
$50.0M
Free Cash Flow
ATRC
ATRC
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$18.4M
$213.0M
Q3 25
$24.1M
$47.3M
Q2 25
$19.0M
$43.0M
Q1 25
$-13.2M
$69.3M
Q4 24
$3.1M
$181.5M
Q3 24
$16.4M
$66.7M
Q2 24
$5.0M
$46.4M
FCF Margin
ATRC
ATRC
SRCE
SRCE
Q1 26
51.4%
Q4 25
13.1%
192.2%
Q3 25
18.0%
42.7%
Q2 25
13.9%
39.8%
Q1 25
-10.7%
66.6%
Q4 24
2.5%
185.5%
Q3 24
14.1%
68.1%
Q2 24
4.3%
47.7%
Capex Intensity
ATRC
ATRC
SRCE
SRCE
Q1 26
0.9%
Q4 25
1.1%
9.1%
Q3 25
1.9%
3.4%
Q2 25
2.0%
1.7%
Q1 25
1.8%
2.4%
Q4 24
2.2%
12.6%
Q3 24
3.1%
1.7%
Q2 24
2.1%
3.7%
Cash Conversion
ATRC
ATRC
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
1.96×
Q2 24
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRC
ATRC

Appendage Management$45.5M32%
Openheart$38.5M27%
Other$26.2M19%
Pain Management$22.6M16%
Minimally Invasive$7.7M6%

SRCE
SRCE

Segment breakdown not available.

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