earnings
confidence high
sentiment neutral
materiality 0.70
CVRx Q2 revenue $15.7M (+16% YoY); lowers FY2026 revenue guidance to $58-60M
CVRx, Inc.
- Net loss $14.0M ($0.53/share) vs $14.7M ($0.57) in Q2 2025; cash $64.6M.
- U.S. revenue $14.8M (+21% YoY) on 466 units; active implanting centers grew to 258.
- Humana issued Medicare Advantage coverage policy for Barostim, effective May 1, 2026.
- FY2026 guidance: total revenue $58-60M, gross margin 86-87%, operating expenses $99-101M.
- Q3 2026 revenue expected between $13.5M and $14.5M; cites sales territory and payer headwinds.