Quick Answer
CVRx, Inc. reported R&D Expense of $11.13 million for fiscal year 2025.
CVRx, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $11.13M | +0.0% |
| 2024 | $11.13M | -4.3% |
| 2023 | $11.63M | +16.9% |
| 2022 | $9.95M | +32.7% |
| 2021 | $7.50M | +17.0% |
| 2020 | $6.41M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $3.15M | +25.6% | +27.4% |
| June 30, 2025 | $2.47M | -10.7% | -1.9% |
| March 31, 2025 | $2.52M | -17.7% | +0.5% |
| September 30, 2024 | $2.50M | -7.1% | -9.4% |
| June 30, 2024 | $2.77M | -15.7% | -9.6% |
| March 31, 2024 | $3.06M | -10.5% | +13.4% |
| September 30, 2023 | $2.70M | +17.6% | -17.8% |
| June 30, 2023 | $3.28M | +39.3% | -4.0% |
- CVRx, Inc. showed an increase of +0.0% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, CVRx, Inc.’s r&d expense has grown by 73.7% (from $6.41 million to $11.13 million).
- The most recent figure is from CVRx, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 13, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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