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CVRx Reports Preliminary Fourth Quarter and Fiscal Year 2025 Financial Results and Issues Fiscal 2026 Guidance

CVRx (CVRX) | January 12, 2026

By Kevin Allen

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CVRx, a commercial-stage medical device company, reported strong financial results for Q4 and full year 2025, with revenue growth exceeding expectations.

The transition to Category I CPT codes and FDA approval for the BENEFIT-HF trial design highlight key milestones achieved.

The Company's debt facility amendment and revenue projections for fiscal 2026 demonstrate strategic growth initiatives.

Revenue Growth

Q4 2025 revenue expected to be $15.9-16.1M, FY 2025 revenue projected at $56.5-56.7M, with an outlook of $63-67M for 2026.

Strategic Milestones

Achieved Category I CPT codes adoption, FDA approval for BENEFIT-HF trial, and debt facility amendment.

Operational Expansion

Increased active implanting centers, sales territories, and cash reserves in 2025.

  • CVRx's revenue growth in Q4 2025 and the full year showcases the company's market traction and positive financial performance.
  • FDA approval for the BENEFIT-HF trial design and the debt facility amendment signal forward momentum and strategic advancements.
  • The Company's business outlook for 2026 positions it for continued expansion and innovation in the cardiovascular healthcare sector.

With a strong financial performance in 2025 and strategic initiatives set for 2026, CVRx is poised for growth and market leadership in the cardiovascular medical device industry.