CVRx cuts 2026 revenue guidance to $56M-$57M as Q3 revenue falls 6%
CVRx reported third-quarter 2026 revenue of $13.8 million, down 6% from a year earlier, and a net loss of $14.2 million, or $0.52 per share, up from $12.9 million, or $0.49 per share. The company lowered its full-year 2026 revenue forecast to $56.0 million-$57.0 million from $58.0 million-$60.0 million, which signals weaker sales than previously expected for shareholders.
Key points
- Q3 2026 total revenue was $13.8 million, down $0.9 million (6%); U.S. revenue was $13.0 million, down 4%, and Europe revenue was $0.9 million, down 27%.
- Net loss was $14.2 million, or $0.52 per share, versus $12.9 million, or $0.49 per share, in Q3 2025.
- Full-year 2026 revenue guidance was cut to $56.0 million-$57.0 million from $58.0 million-$60.0 million; Q4 2026 revenue is expected at $11.7 million-$12.7 million.
- John Landry becomes Chief Financial Officer effective November 6, 2026, succeeding Jared Oasheim.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.