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CVRx Inc

cvrx.com

CVRx Inc (NASDAQ: CVRX) is a commercial-stage medical device company that develops, manufactures, and commercializes implantable neuromodulation devices for patients with cardiovascular disease. Revenue comes from transactional sales of its Barostim implantable device system to hospitals and cardiac care centers. Barostim is the first FDA-approved medical technology using neuromodulation to improve symptoms in heart failure patients, delivering electrical pulses to baroreceptors in the carotid artery to modulate the autonomic nervous system. CVRx operates as a single-product commercial company, with Barostim holding FDA approval in the United States as the primary marketed product as of the 10-K filed February 13, 2026.

Products & Services

Barostim: an implantable device that delivers electrical pulses to baroreceptors in the carotid artery, FDA-approved for treatment of heart failure symptoms via neuromodulation.

Revenue Model

Transactional device sales. CVRx generates revenue by selling Barostim implantable device systems, primarily to hospitals and implanting physicians. No subscription or recurring revenue model is described in the filing excerpts.

Customers & Markets

Hospitals and cardiac care centers implanting devices in patients diagnosed with heart failure. End market is cardiovascular disease, specifically heart failure.

Geographic Exposure

United States, where Barostim holds FDA approval. No additional geographic detail is supported by the filing excerpts provided.

Financial Snapshot

Revenue
TTM
$59.07M
Gross Margin
TTM
86.14%
Net Income
TTM
-$52.66M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
1019.92%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
29.11M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$40.16M

Stock Price

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Market Cap: $137.32 Million

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