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Side-by-side financial comparison of CVRx, Inc. (CVRX) and NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN). Click either name above to swap in a different company.

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP is the larger business by last-quarter revenue ($23.6M vs $16.0M, roughly 1.5× CVRx, Inc.). CVRx, Inc. runs the higher net margin — -74.5% vs -677.3%, a 602.9% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs 4.4%). Over the past eight quarters, CVRx, Inc.'s revenue compounded faster (22.0% CAGR vs 8.9%).

CVRx, Inc. is a commercial-stage medical technology company specializing in neuromodulation therapies for chronic cardiovascular diseases. Its flagship Barostim system treats heart failure and resistant hypertension, with core markets across North America and Europe, serving patients unresponsive to conventional drug treatments.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

CVRX vs NEN — Head-to-Head

Bigger by revenue
NEN
NEN
1.5× larger
NEN
$23.6M
$16.0M
CVRX
Growing faster (revenue YoY)
NEN
NEN
+11.3% gap
NEN
15.7%
4.4%
CVRX
Higher net margin
CVRX
CVRX
602.9% more per $
CVRX
-74.5%
-677.3%
NEN
Faster 2-yr revenue CAGR
CVRX
CVRX
Annualised
CVRX
22.0%
8.9%
NEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVRX
CVRX
NEN
NEN
Revenue
$16.0M
$23.6M
Net Profit
$-11.9M
$-1.4M
Gross Margin
86.3%
Operating Margin
-69.8%
14.0%
Net Margin
-74.5%
-677.3%
Revenue YoY
4.4%
15.7%
Net Profit YoY
-12.0%
-133.0%
EPS (diluted)
$-0.45

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
CVRX
CVRX
NEN
NEN
Q4 25
$16.0M
$23.6M
Q3 25
$14.7M
$23.7M
Q2 25
$13.6M
$21.2M
Q1 25
$12.3M
$20.7M
Q4 24
$15.3M
$20.4M
Q3 24
$13.4M
$20.2M
Q2 24
$11.8M
$20.1M
Q1 24
$10.8M
$19.9M
Net Profit
CVRX
CVRX
NEN
NEN
Q4 25
$-11.9M
$-1.4M
Q3 25
$-12.9M
$-521.8K
Q2 25
$-14.7M
$4.1M
Q1 25
$-13.8M
$3.8M
Q4 24
$-10.7M
$4.2M
Q3 24
$-13.1M
$3.9M
Q2 24
$-14.0M
$4.1M
Q1 24
$-22.2M
$3.5M
Gross Margin
CVRX
CVRX
NEN
NEN
Q4 25
86.3%
Q3 25
86.8%
Q2 25
84.3%
Q1 25
83.5%
Q4 24
83.2%
Q3 24
83.2%
Q2 24
83.9%
Q1 24
85.0%
Operating Margin
CVRX
CVRX
NEN
NEN
Q4 25
-69.8%
14.0%
Q3 25
-83.5%
20.0%
Q2 25
-105.8%
33.3%
Q1 25
-108.8%
30.1%
Q4 24
-67.0%
32.4%
Q3 24
-97.3%
32.0%
Q2 24
-118.3%
32.6%
Q1 24
-206.4%
28.9%
Net Margin
CVRX
CVRX
NEN
NEN
Q4 25
-74.5%
-677.3%
Q3 25
-87.6%
-2.2%
Q2 25
-108.4%
19.5%
Q1 25
-111.5%
18.3%
Q4 24
-69.4%
20.7%
Q3 24
-98.0%
19.3%
Q2 24
-118.8%
20.3%
Q1 24
-206.0%
17.4%
EPS (diluted)
CVRX
CVRX
NEN
NEN
Q4 25
$-0.45
Q3 25
$-0.49
Q2 25
$-0.57
Q1 25
$-0.53
Q4 24
$-0.39
Q3 24
$-0.57
Q2 24
$-0.65
Q1 24
$-1.04

Balance Sheet & Financial Strength

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

Metric
CVRX
CVRX
NEN
NEN
Cash + ST InvestmentsLiquidity on hand
$75.7M
$26.7M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$39.3M
Total Assets
$104.8M
$505.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVRX
CVRX
NEN
NEN
Q4 25
$75.7M
$26.7M
Q3 25
$85.1M
$13.4M
Q2 25
$95.0M
$16.7M
Q1 25
$102.7M
$30.9M
Q4 24
$105.9M
$17.6M
Q3 24
$100.2M
$15.1M
Q2 24
$70.4M
$13.5M
Q1 24
$80.1M
$28.8M
Total Debt
CVRX
CVRX
NEN
NEN
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Stockholders' Equity
CVRX
CVRX
NEN
NEN
Q4 25
$39.3M
Q3 25
$48.1M
Q2 25
$57.9M
Q1 25
$71.1M
Q4 24
$71.1M
Q3 24
$65.2M
Q2 24
$55.2M
Q1 24
$66.3M
Total Assets
CVRX
CVRX
NEN
NEN
Q4 25
$104.8M
$505.3M
Q3 25
$111.3M
$492.9M
Q2 25
$119.6M
$494.8M
Q1 25
$129.6M
$385.2M
Q4 24
$133.4M
$393.5M
Q3 24
$127.7M
$387.4M
Q2 24
$96.0M
$383.7M
Q1 24
$106.2M
$381.2M

Cash Flow & Capital Efficiency

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

Metric
CVRX
CVRX
NEN
NEN
Operating Cash FlowLast quarter
$-9.8M
$27.7M
Free Cash FlowOCF − Capex
$-9.8M
FCF MarginFCF / Revenue
-61.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-40.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVRX
CVRX
NEN
NEN
Q4 25
$-9.8M
$27.7M
Q3 25
$-9.7M
$2.3M
Q2 25
$-7.9M
$12.5M
Q1 25
$-12.8M
$5.5M
Q4 24
$-8.0M
$31.9M
Q3 24
$-10.4M
$8.5M
Q2 24
$-9.8M
$5.4M
Q1 24
$-10.9M
$6.1M
Free Cash Flow
CVRX
CVRX
NEN
NEN
Q4 25
$-9.8M
Q3 25
$-10.0M
Q2 25
$-8.0M
Q1 25
$-12.9M
Q4 24
$-8.1M
Q3 24
$-10.4M
Q2 24
$-10.2M
Q1 24
$-11.8M
FCF Margin
CVRX
CVRX
NEN
NEN
Q4 25
-61.3%
Q3 25
-68.1%
Q2 25
-59.2%
Q1 25
-104.3%
Q4 24
-52.5%
Q3 24
-78.1%
Q2 24
-86.3%
Q1 24
-109.7%
Capex Intensity
CVRX
CVRX
NEN
NEN
Q4 25
0.4%
Q3 25
2.0%
Q2 25
0.8%
Q1 25
0.9%
Q4 24
0.3%
Q3 24
0.3%
Q2 24
3.0%
Q1 24
8.5%
Cash Conversion
CVRX
CVRX
NEN
NEN
Q4 25
Q3 25
Q2 25
3.02×
Q1 25
1.44×
Q4 24
7.57×
Q3 24
2.17×
Q2 24
1.32×
Q1 24
1.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVRX
CVRX

US$14.9M93%
Other$1.1M7%

NEN
NEN

Segment breakdown not available.

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