iRhythm Technologies, Inc. (IRTC) quarterly income statement — complete revenue, gross profit & net income history
iRhythm Technologies, Inc. (IRTC) annual income statement — 13-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 224.17M | 199.39M | 208.89M | 192.88M | 186.69M | 158.68M | 164.32M | 147.54M | 148.05M | 131.93M | 132.51M | 124.6M | 124.13M | 111.44M | 112.62M | 103.88M | 102.05M | 92.38M | 81.8M | 85.43M |
| Revenue Growth % | 20.08% | 25.66% | 27.12% | 30.74% | 26.1% | 20.27% | 24.01% | 18.41% | 19.27% | 18.39% | 17.67% | 19.96% | 21.64% | 20.63% | 37.67% | 21.59% | 25.56% | 24.31% | 3.8% | 18.75% |
| Cost of Goods Sold | 60.97M | 58.04M | 60.84M | 55.76M | 53.83M | 49.46M | 49.26M | 46.06M | 44.58M | 44.41M | 45.09M | 42.13M | 37.91M | 35.76M | 33.91M | 32.95M | 31.81M | 30.62M | 30.52M | 29.28M |
| COGS % of Revenue | 27.2% | 29.11% | 29.12% | 28.91% | 28.83% | 31.17% | 29.98% | 31.22% | 30.11% | 33.66% | 34.02% | 33.81% | 30.54% | 32.09% | 30.11% | 31.72% | 31.17% | 33.15% | 37.31% | 34.28% |
| Gross Profit | 163.21M | 141.35M | 148.06M | 137.12M | 132.86M | 109.22M | 115.07M | 101.48M | 103.47M | 87.52M | 87.43M | 82.47M | 86.22M | 75.68M | 78.71M | 70.92M | 70.25M | 61.76M | 51.28M | 56.15M |
| Gross Margin % | 72.8% | 70.89% | 70.88% | 71.09% | 71.17% | 68.83% | 70.02% | 68.78% | 69.89% | 66.34% | 65.98% | 66.19% | 69.46% | 67.91% | 69.89% | 68.28% | 68.83% | 66.85% | 62.69% | 65.72% |
| Gross Profit Growth % | 22.84% | 29.43% | 28.67% | 35.13% | 28.4% | 24.8% | 31.62% | 23.04% | 20% | 15.64% | 11.08% | 16.29% | 22.75% | 22.54% | 53.48% | 26.31% | 27.06% | 21.45% | -12.05% | 4.54% |
| Operating Expenses | 165.75M | 153.21M | 139.29M | 141.12M | 147.39M | 141.48M | 119.15M | 151.78M | 126.45M | 125.65M | 126.61M | 110.08M | 105.1M | 115.19M | 99.41M | 92.01M | 93.7M | 110.31M | 83.48M | 79.43M |
| OpEx % of Revenue | 73.94% | 76.84% | 66.68% | 73.17% | 78.95% | 89.16% | 72.51% | 102.87% | 85.41% | 95.24% | 95.55% | 88.34% | 84.67% | 103.36% | 88.27% | 88.57% | 91.81% | 119.41% | 102.05% | 92.97% |
| Selling, General & Admin | 131.66M | 135.88M | 118.24M | 120.09M | 126.38M | 119.96M | 99.77M | 103.38M | 106.76M | 108.66M | 100.11M | 93.77M | 91.42M | 100.34M | 86.73M | 80.56M | 81.75M | 73.16M | 71.61M | 70.75M |
| SG&A % of Revenue | 58.73% | 68.15% | 56.6% | 62.26% | 67.69% | 75.6% | 60.71% | 70.07% | 72.11% | 82.36% | 75.55% | 75.25% | 73.65% | 90.05% | 77.01% | 77.55% | 80.11% | 79.19% | 87.54% | 82.81% |
| Research & Development | 19.84M | 21.36M | 21.05M | 21.03M | 21.01M | 21.52M | 19.38M | 47.76M | 19.69M | 16.99M | 15.42M | 16.31M | 13.68M | 14.84M | 12.68M | 11.45M | 11.95M | 10.54M | 11.87M | 8.69M |
| R&D % of Revenue | 8.85% | 10.71% | 10.08% | 10.9% | 11.26% | 13.56% | 11.8% | 32.37% | 13.3% | 12.88% | 11.63% | 13.09% | 11.02% | 13.32% | 11.25% | 11.02% | 11.7% | 11.41% | 14.51% | 10.17% |
| Other Operating Expenses | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 641K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | -2.54M | -11.85M | 8.77M | -4M | -14.53M | -32.26M | -4.08M | -50.3M | -22.98M | -38.14M | -39.18M | -27.6M | -18.87M | -39.5M | -20.7M | -21.09M | -23.45M | -48.55M | -32.2M | -23.28M |
| Operating Margin % | -1.13% | -5.95% | 4.2% | -2.07% | -7.78% | -20.33% | -2.48% | -34.09% | -15.52% | -28.91% | -29.57% | -22.15% | -15.2% | -35.45% | -18.38% | -20.3% | -22.98% | -52.55% | -39.36% | -27.25% |
| Operating Income Growth % | 82.51% | 63.25% | 314.72% | 92.04% | 36.77% | 15.41% | 89.58% | -82.24% | -21.77% | 3.46% | -89.3% | -30.91% | 19.53% | 18.63% | 35.72% | 9.43% | -38.01% | -76.73% | -236.07% | -389.43% |
| EBITDA | 2.91M | -5.31M | 15.49M | 2.62M | -8M | -25.66M | 2.52M | -43.91M | -16.58M | -31.76M | -32.72M | -22.04M | -13.7M | -34.56M | -15.88M | -20.65M | -18.78M | -38.86M | -27.38M | -18.92M |
| EBITDA Margin % | 1.3% | -2.66% | 7.42% | 1.36% | -4.29% | -16.17% | 1.53% | -29.76% | -11.2% | -24.08% | -24.69% | -17.69% | -11.03% | -31.02% | -14.1% | -19.88% | -18.41% | -42.07% | -33.48% | -22.15% |
| EBITDA Growth % | 136.4% | 79.31% | 514.6% | 105.97% | 51.73% | 19.22% | 107.71% | -99.19% | -21.06% | 8.1% | -105.96% | -6.75% | 27.08% | 11.06% | 42% | -9.14% | -42.66% | -62.73% | -351.14% | -1125.32% |
| D&A (Non-Cash Add-back) | 0 | 6.54M | 6.73M | 6.62M | 6.53M | 6.6M | 6.6M | 6.4M | 6.4M | 6.38M | 6.47M | 5.56M | 5.17M | 4.94M | 4.81M | 438K | 4.67M | 9.69M | 4.82M | 4.36M |
| EBIT | 2.91M | -10.14M | 9.35M | -1.91M | -11.12M | -26.76M | 2.14M | -42.66M | -16.6M | -42.77M | -37.5M | -25.99M | -17.44M | -38.07M | -19.11M | -20.72M | -23.38M | -48.53M | -32.18M | -23.36M |
| Net Interest Income | 1.48M | 1.59M | 2.02M | 2.66M | 2.04M | 1.65M | 2.42M | 3.13M | 3.07M | 92K | 738K | 682K | 603K | 482K | -1.01M | -249K | -413K | -2.03M | -248K | -279K |
| Interest Income | 4.78M | 4.88M | 5.34M | 5.94M | 5.32M | 4.92M | 5.74M | 6.46M | 6.38M | 2.95M | 1.68M | 1.61M | 1.44M | 1.43M | 0 | 365K | 69K | 0 | 0 | 0 |
| Interest Expense | 3.29M | 3.29M | 3.32M | 3.28M | 3.28M | 3.27M | 3.32M | 3.33M | 3.31M | 2.86M | 941K | 927K | 832K | 950K | 1.01M | 614K | 482K | 2.03M | 248K | 279K |
| Other Income/Expense | 2.16M | -1.58M | -2.74M | -1.19M | 130K | 2.22M | 2.9M | 4.31M | 3.07M | -7.5M | 738K | 682K | 603K | 482K | 573K | -249K | -413K | -2.01M | -233K | -355K |
| Pretax Income | -381K | -13.43M | 6.03M | -5.19M | -14.4M | -30.04M | -1.18M | -45.99M | -19.91M | -45.63M | -38.44M | -26.92M | -18.27M | -39.02M | -20.13M | -21.34M | -23.86M | -50.56M | -32.43M | -23.64M |
| Pretax Margin % | -0.17% | -6.74% | 2.88% | -2.69% | -7.71% | -18.93% | -0.72% | -31.17% | -13.45% | -34.59% | -29.01% | -21.61% | -14.72% | -35.02% | -17.87% | -20.54% | -23.38% | -54.73% | -39.65% | -27.67% |
| Income Tax | 0 | 500K | 447K | 24K | -183K | 665K | 151K | 188K | 194K | 32K | 255K | 195K | 213K | 87K | 73K | 116K | 33K | 47K | 59K | 94K |
| Effective Tax Rate % | 0% | -3.72% | 7.42% | -0.46% | 1.27% | -2.21% | -12.77% | -0.41% | -0.97% | -0.07% | -0.66% | -0.72% | -1.17% | -0.22% | -0.36% | -0.54% | -0.14% | -0.09% | -0.18% | -0.4% |
| Net Income | -381K | -13.93M | 5.58M | -5.21M | -14.22M | -30.7M | -1.33M | -46.18M | -20.11M | -45.67M | -38.7M | -27.12M | -18.48M | -39.11M | -20.2M | -21.45M | -23.9M | -50.61M | -32.49M | -23.73M |
| Net Margin % | -0.17% | -6.99% | 2.67% | -2.7% | -7.62% | -19.35% | -0.81% | -31.3% | -13.58% | -34.61% | -29.2% | -21.76% | -14.89% | -35.1% | -17.94% | -20.65% | -23.42% | -54.78% | -39.72% | -27.78% |
| Net Income Growth % | 97.32% | 54.62% | 518.53% | 88.71% | 29.29% | 32.77% | 96.56% | -70.31% | -8.79% | -16.77% | -91.6% | -26.41% | 22.66% | 22.72% | 37.84% | 9.61% | -37.66% | -82.18% | -236.66% | -407.4% |
| Net Income (Continuing) | -381K | -13.93M | 5.58M | -5.21M | -14.22M | -30.7M | -1.33M | -46.18M | -20.11M | -45.67M | -38.7M | -27.12M | -18.48M | -39.11M | -20.2M | -21.45M | -23.9M | -50.61M | -32.49M | -23.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01 | -0.43 | 0.17 | -0.16 | -0.44 | -0.97 | -0.04 | -1.48 | -0.65 | -1.47 | -1.26 | -0.89 | -0.61 | -1.29 | -0.67 | -0.71 | -0.80 | -1.71 | -1.10 | -0.81 |
| EPS Growth % | 97.73% | 55.67% | 500% | 89.19% | 32.31% | 34.01% | 96.63% | -66.29% | -6.56% | -13.95% | -88.06% | -25.35% | 23.75% | 24.56% | 39.09% | 12.35% | -35.59% | -80% | -233.33% | -376.47% |
| EPS (Basic) | -0.01 | -0.43 | 0.17 | -0.16 | -0.44 | -0.97 | -0.04 | -1.48 | -0.65 | -1.47 | -1.26 | -0.89 | -0.61 | -1.29 | -0.67 | -0.71 | -0.80 | -1.71 | -1.10 | -0.81 |
| Diluted Shares Outstanding | 32.9M | 32.51M | 33.33M | 32.17M | 31.99M | 31.59M | 31.34M | 31.26M | 31.14M | 31.03M | 30.7M | 30.61M | 30.5M | 30.3M | 30.15M | 30.06M | 29.84M | 29.6M | 29.44M | 29.4M |
| Basic Shares Outstanding | 32.9M | 32.51M | 32.26M | 32.17M | 31.99M | 31.59M | 31.34M | 31.26M | 31.14M | 31.03M | 30.7M | 30.61M | 30.5M | 30.3M | 30.15M | 30.05M | 29.84M | 29.6M | 29.44M | 29.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |