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

AtriCure, Inc. is the larger business by last-quarter revenue ($141.2M vs $113.0M, roughly 1.3× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs 0.1%, a 18.2% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs 14.3%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs 10.2%).

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.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

ATRC vs VICR — Head-to-Head

Bigger by revenue
ATRC
ATRC
1.3× larger
ATRC
$141.2M
$113.0M
VICR
Growing faster (revenue YoY)
VICR
VICR
+6.0% gap
VICR
20.2%
14.3%
ATRC
Higher net margin
VICR
VICR
18.2% more per $
VICR
18.3%
0.1%
ATRC
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
10.2%
ATRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ATRC
ATRC
VICR
VICR
Revenue
$141.2M
$113.0M
Net Profit
$108.0K
$20.7M
Gross Margin
77.4%
Operating Margin
23.0%
59.7%
Net Margin
0.1%
18.3%
Revenue YoY
14.3%
20.2%
Net Profit YoY
713.9%
EPS (diluted)
$0.00
$0.44

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
VICR
VICR
Q1 26
$141.2M
$113.0M
Q4 25
$140.5M
$107.3M
Q3 25
$134.3M
$110.4M
Q2 25
$136.1M
$96.0M
Q1 25
$123.6M
$94.0M
Q4 24
$124.3M
$96.2M
Q3 24
$115.9M
$93.2M
Q2 24
$116.3M
$85.9M
Net Profit
ATRC
ATRC
VICR
VICR
Q1 26
$108.0K
$20.7M
Q4 25
$46.5M
Q3 25
$-267.0K
$28.3M
Q2 25
$-6.2M
$41.2M
Q1 25
$-6.7M
$2.5M
Q4 24
$10.2M
Q3 24
$-7.9M
$11.6M
Q2 24
$-8.0M
$-1.2M
Gross Margin
ATRC
ATRC
VICR
VICR
Q1 26
77.4%
Q4 25
75.0%
55.4%
Q3 25
75.5%
57.5%
Q2 25
74.5%
95.9%
Q1 25
74.9%
47.2%
Q4 24
74.5%
52.4%
Q3 24
74.9%
49.1%
Q2 24
74.7%
49.8%
Operating Margin
ATRC
ATRC
VICR
VICR
Q1 26
23.0%
59.7%
Q4 25
1.8%
14.6%
Q3 25
0.2%
18.9%
Q2 25
-4.5%
47.3%
Q1 25
-4.8%
-0.2%
Q4 24
-11.7%
9.6%
Q3 24
-6.4%
5.8%
Q2 24
-6.2%
0.2%
Net Margin
ATRC
ATRC
VICR
VICR
Q1 26
0.1%
18.3%
Q4 25
43.4%
Q3 25
-0.2%
25.6%
Q2 25
-4.5%
42.9%
Q1 25
-5.5%
2.7%
Q4 24
10.7%
Q3 24
-6.8%
12.4%
Q2 24
-6.9%
-1.4%
EPS (diluted)
ATRC
ATRC
VICR
VICR
Q1 26
$0.00
$0.44
Q4 25
$0.04
$1.01
Q3 25
$-0.01
$0.63
Q2 25
$-0.13
$0.91
Q1 25
$-0.14
$0.06
Q4 24
$-0.33
$0.24
Q3 24
$-0.17
$0.26
Q2 24
$-0.17
$-0.03

Balance Sheet & Financial Strength

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

Metric
ATRC
ATRC
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$146.2M
$404.2M
Total DebtLower is stronger
$61.0M
Stockholders' EquityBook value
$491.7M
$754.1M
Total Assets
$644.0M
$804.9M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRC
ATRC
VICR
VICR
Q1 26
$146.2M
$404.2M
Q4 25
$167.4M
$402.8M
Q3 25
$147.9M
$362.4M
Q2 25
$117.8M
$338.5M
Q1 25
$99.9M
$296.1M
Q4 24
$122.7M
$277.3M
Q3 24
$130.3M
$267.6M
Q2 24
$114.0M
$251.9M
Total Debt
ATRC
ATRC
VICR
VICR
Q1 26
$61.0M
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
VICR
VICR
Q1 26
$491.7M
$754.1M
Q4 25
$491.9M
$711.6M
Q3 25
$476.5M
$630.1M
Q2 25
$464.5M
$608.6M
Q1 25
$454.6M
$580.3M
Q4 24
$461.0M
$570.1M
Q3 24
$465.0M
$554.6M
Q2 24
$462.1M
$537.2M
Total Assets
ATRC
ATRC
VICR
VICR
Q1 26
$644.0M
$804.9M
Q4 25
$654.2M
$785.8M
Q3 25
$635.4M
$710.2M
Q2 25
$608.8M
$693.5M
Q1 25
$591.6M
$665.0M
Q4 24
$609.3M
$641.1M
Q3 24
$615.1M
$632.8M
Q2 24
$597.3M
$613.2M
Debt / Equity
ATRC
ATRC
VICR
VICR
Q1 26
0.12×
Q4 25
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.14×
Q4 24
Q3 24
0.13×
Q2 24
0.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATRC
ATRC

Appendage management$48.4M34%
Open ablation$39.1M28%
Other$25.0M18%
Pain management$22.4M16%
Minimally invasive ablation$6.4M5%

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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