IRTC
iRhythm Technologies Inc
NASDAQ: IRTC · HEALTHCARE · MEDICAL DEVICES
$120.75
-3.74% today
Updated 2026-04-29
Market cap
$3.97B
P/E ratio
—
P/S ratio
5.31x
EPS (TTM)
$-1.39
Dividend yield
—
52W range
$112 – $212
Volume
0.6M
iRhythm Technologies Inc (IRTC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.37M | $21.75M | $36.14M | $64.07M | $99.13M | $147.28M | $214.55M | $265.17M | $322.82M | $410.92M | $492.68M | $591.84M | $747.14M |
| Revenue growth (YoY) | — | +41.5% | +66.2% | +77.3% | +54.7% | +48.6% | +45.7% | +23.6% | +21.7% | +27.3% | +19.9% | +20.1% | +26.2% |
| Cost of revenue | $8.85M | $10.59M | $14.70M | $20.88M | $28.20M | $38.80M | $52.48M | $70.28M | $109.26M | $129.29M | $160.88M | $184.31M | $219.89M |
| Gross profit | $6.52M | $11.16M | $21.44M | $43.19M | $70.93M | $108.48M | $162.07M | $194.89M | $213.57M | $281.63M | $331.81M | $407.53M | $527.25M |
| Gross margin | 42.4% | 51.3% | 59.3% | 67.4% | 71.5% | 73.7% | 75.5% | 73.5% | 66.2% | 68.5% | 67.3% | 68.9% | 70.6% |
| R&D | $3.66M | $5.70M | $6.35M | $7.15M | $13.27M | $20.86M | $37.30M | $41.33M | $38.67M | $46.61M | $60.24M | $103.83M | $84.61M |
| SG&A | — | $25.92M | $36.72M | $51.62M | $84.74M | $131.58M | $179.52M | $197.23M | $274.84M | $322.20M | $385.64M | $418.56M | $492.55M |
| Operating income | $-11.18M | $-14.77M | $-21.63M | $-15.58M | $-27.59M | $-45.69M | $-54.76M | $-43.67M | $-99.94M | $-113.78M | $-125.16M | $-115.50M | $-36.81M |
| Operating margin | -72.7% | -67.9% | -59.9% | -24.3% | -27.8% | -31.0% | -25.5% | -16.5% | -31.0% | -27.7% | -25.4% | -19.5% | -4.9% |
| EBITDA | $-11.03M | $-14.82M | $-21.25M | $-17.09M | $-24.76M | $-44.95M | $-49.41M | $-29.15M | $-83.23M | $-92.14M | $-96.86M | $-74.13M | $-3.96M |
| EBITDA margin | -71.8% | -68.1% | -58.8% | -26.7% | -25.0% | -30.5% | -23.0% | -11.0% | -25.8% | -22.4% | -19.7% | -12.5% | -0.5% |
| EBIT | $-11.18M | $-15.06M | $-21.74M | $-17.66M | $-26.35M | $-47.22M | $-52.86M | $-42.08M | $-99.83M | $-111.75M | $-119.01M | $-99.90M | $-30.44M |
| Interest expense | — | $774000.00 | $1.06M | $3.25M | $3.39M | $3.12M | $1.64M | $1.52M | $1.17M | $4.14M | $3.65M | $12.82M | $13.15M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-13.59M | $-15.83M | $-22.80M | $-20.90M | $-29.74M | $-50.38M | $-54.57M | $-43.83M | $-101.36M | $-116.16M | $-123.41M | $-113.29M | $-44.55M |
| Net income growth (YoY) | — | -16.5% | -44.0% | +8.3% | -42.3% | -69.4% | -8.3% | +19.7% | -131.3% | -14.6% | -6.2% | +8.2% | +60.7% |
| Profit margin | -88.4% | -72.8% | -63.1% | -32.6% | -30.0% | -34.2% | -25.4% | -16.5% | -31.4% | -28.3% | -25.0% | -19.1% | -6.0% |