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Side-by-side financial comparison of CVRx, Inc. (CVRX) and Ready Capital Corp (RC). Click either name above to swap in a different company.

CVRx, Inc. is the larger business by last-quarter revenue ($16.0M vs $13.1M, roughly 1.2× Ready Capital Corp). CVRx, Inc. runs the higher net margin — -74.5% vs -1772.7%, a 1698.2% gap on every dollar of revenue. On growth, CVRx, Inc. posted the faster year-over-year revenue change (4.4% vs -73.8%). Over the past eight quarters, CVRx, Inc.'s revenue compounded faster (22.0% CAGR vs -48.0%).

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.

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

CVRX vs RC — Head-to-Head

Bigger by revenue
CVRX
CVRX
1.2× larger
CVRX
$16.0M
$13.1M
RC
Growing faster (revenue YoY)
CVRX
CVRX
+78.2% gap
CVRX
4.4%
-73.8%
RC
Higher net margin
CVRX
CVRX
1698.2% more per $
CVRX
-74.5%
-1772.7%
RC
Faster 2-yr revenue CAGR
CVRX
CVRX
Annualised
CVRX
22.0%
-48.0%
RC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVRX
CVRX
RC
RC
Revenue
$16.0M
$13.1M
Net Profit
$-11.9M
$-232.6M
Gross Margin
86.3%
Operating Margin
-69.8%
-2013.3%
Net Margin
-74.5%
-1772.7%
Revenue YoY
4.4%
-73.8%
Net Profit YoY
-12.0%
26.1%
EPS (diluted)
$-0.45
$-1.43

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
RC
RC
Q4 25
$16.0M
$13.1M
Q3 25
$14.7M
$85.4M
Q2 25
$13.6M
$16.9M
Q1 25
$12.3M
$40.2M
Q4 24
$15.3M
$50.1M
Q3 24
$13.4M
$107.2M
Q2 24
$11.8M
$51.0M
Q1 24
$10.8M
$48.5M
Net Profit
CVRX
CVRX
RC
RC
Q4 25
$-11.9M
$-232.6M
Q3 25
$-12.9M
$-16.7M
Q2 25
$-14.7M
$-53.7M
Q1 25
$-13.8M
$82.0M
Q4 24
$-10.7M
$-314.8M
Q3 24
$-13.1M
$-7.3M
Q2 24
$-14.0M
$-34.2M
Q1 24
$-22.2M
$-74.2M
Gross Margin
CVRX
CVRX
RC
RC
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
RC
RC
Q4 25
-69.8%
-2013.3%
Q3 25
-83.5%
-31.5%
Q2 25
-105.8%
-524.9%
Q1 25
-108.8%
Q4 24
-67.0%
-629.0%
Q3 24
-97.3%
-14.8%
Q2 24
-118.3%
-157.0%
Q1 24
-206.4%
-217.9%
Net Margin
CVRX
CVRX
RC
RC
Q4 25
-74.5%
-1772.7%
Q3 25
-87.6%
-19.6%
Q2 25
-108.4%
-317.7%
Q1 25
-111.5%
203.7%
Q4 24
-69.4%
-628.8%
Q3 24
-98.0%
-6.8%
Q2 24
-118.8%
-67.1%
Q1 24
-206.0%
-152.8%
EPS (diluted)
CVRX
CVRX
RC
RC
Q4 25
$-0.45
$-1.43
Q3 25
$-0.49
$-0.13
Q2 25
$-0.57
$-0.34
Q1 25
$-0.53
$0.46
Q4 24
$-0.39
$-1.89
Q3 24
$-0.57
$-0.07
Q2 24
$-0.65
$-0.23
Q1 24
$-1.04
$-0.44

Balance Sheet & Financial Strength

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

Metric
CVRX
CVRX
RC
RC
Cash + ST InvestmentsLiquidity on hand
$75.7M
$207.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$39.3M
$1.5B
Total Assets
$104.8M
$7.8B
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVRX
CVRX
RC
RC
Q4 25
$75.7M
$207.8M
Q3 25
$85.1M
$147.5M
Q2 25
$95.0M
$162.9M
Q1 25
$102.7M
$205.9M
Q4 24
$105.9M
$143.8M
Q3 24
$100.2M
$181.3M
Q2 24
$70.4M
$226.3M
Q1 24
$80.1M
$166.0M
Total Debt
CVRX
CVRX
RC
RC
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
Stockholders' Equity
CVRX
CVRX
RC
RC
Q4 25
$39.3M
$1.5B
Q3 25
$48.1M
$1.8B
Q2 25
$57.9M
$1.8B
Q1 25
$71.1M
$1.9B
Q4 24
$71.1M
$1.8B
Q3 24
$65.2M
$2.2B
Q2 24
$55.2M
$2.3B
Q1 24
$66.3M
$2.4B
Total Assets
CVRX
CVRX
RC
RC
Q4 25
$104.8M
$7.8B
Q3 25
$111.3M
$8.3B
Q2 25
$119.6M
$9.3B
Q1 25
$129.6M
$10.0B
Q4 24
$133.4M
$10.1B
Q3 24
$127.7M
$11.3B
Q2 24
$96.0M
$11.8B
Q1 24
$106.2M
$12.0B
Debt / Equity
CVRX
CVRX
RC
RC
Q4 25
0.89×
Q3 25
0.78×
Q2 25
0.76×
Q1 25
0.77×
Q4 24
0.73×
Q3 24
0.54×
Q2 24
0.52×
Q1 24
0.46×

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
RC
RC
Operating Cash FlowLast quarter
$-9.8M
$432.1M
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
RC
RC
Q4 25
$-9.8M
$432.1M
Q3 25
$-9.7M
$434.7M
Q2 25
$-7.9M
$-100.3M
Q1 25
$-12.8M
$108.5M
Q4 24
$-8.0M
$274.8M
Q3 24
$-10.4M
$221.1M
Q2 24
$-9.8M
$1.1M
Q1 24
$-10.9M
$23.4M
Free Cash Flow
CVRX
CVRX
RC
RC
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
RC
RC
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
RC
RC
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
RC
RC
Q4 25
Q3 25
Q2 25
Q1 25
1.32×
Q4 24
Q3 24
Q2 24
Q1 24

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%

RC
RC

Segment breakdown not available.

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