iRhythm Technologies, Inc. (IRTC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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IRTC Revenue Growth
Revenue Breakdown (FY 2025)
IRTC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
IRTC Revenue Analysis (2014–2025)
As of May 8, 2026, iRhythm Technologies, Inc. (IRTC) generated trailing twelve-month (TTM) revenue of $787.9 million, reflecting exceptional growth of +25.7% year-over-year. The most recent quarter (Q1 2026) recorded $199.4 million in revenue, down 4.5% sequentially.
Looking at the longer-term picture, IRTC's 5-year compound annual growth rate (CAGR) stands at +23.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $747.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows IRTC's business is primarily driven by Commercial Payors (52%), Centers For Medicare And Medicaid (24%), and Healthcare Institutions (17%). With over half of revenue concentrated in Commercial Payors, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including ITGR (+6.0% YoY), INVA (+13.6% YoY), and BDX (+2.4% YoY), IRTC has outperformed the peer group in terms of revenue growth. Compare IRTC vs ITGR →
IRTC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IRTCCurrent | $788M | +25.7% | +23.0% | -4.9% | |
 ITGR | $1.8B | +6.0% | +11.5% | 11.3% | |
 INVA | $425M | +13.6% | +4.8% | 38.5% | |
 BDX | $21.8B | +2.4% | +6.3% | 11.8% | |
 HOLX | $4.1B | +2.2% | +1.7% | 17.4% | |
 NVCR | $655M | +8.5% | +5.8% | -23.5% |
IRTC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $747.1M | +26.2% | $527.3M | 70.6% | $-36,810,000 | -4.9% |
| 2024 | $591.8M | +20.1% | $407.5M | 68.9% | $-115,505,000 | -19.5% |
| 2023 | $492.7M | +19.9% | $331.8M | 67.3% | $-125,161,000 | -25.4% |
| 2022 | $410.9M | +27.3% | $281.6M | 68.5% | $-113,784,000 | -27.7% |
| 2021 | $322.8M | +21.7% | $213.6M | 66.2% | $-99,943,000 | -31.0% |
| 2020 | $265.2M | +23.6% | $194.9M | 73.5% | $-43,673,000 | -16.5% |
| 2019 | $214.6M | +45.7% | $162.1M | 75.5% | $-54,755,000 | -25.5% |
| 2018 | $147.3M | +48.6% | $108.5M | 73.7% | $-45,691,000 | -31.0% |
| 2017 | $99.1M | +54.7% | $70.9M | 71.5% | $-27,591,000 | -27.8% |
| 2016 | $64.1M | +77.3% | $43.2M | 67.4% | $-15,582,000 | -24.3% |
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Start ComparisonIRTC — Frequently Asked Questions
Quick answers to the most common questions about buying IRTC stock.
Is IRTC's revenue growth accelerating or slowing?
IRTC revenue is accelerating at +25.7% year-over-year, exceeding the 5-year CAGR of +23.0%. TTM revenue reached $788M. Growth momentum has increased versus prior periods.
What is IRTC's long-term revenue growth rate?
iRhythm Technologies, Inc.'s 5-year revenue CAGR of +23.0% reflects the sustained expansion pattern. Current YoY growth of +25.7% is above this long-term average.
How is IRTC's revenue distributed by segment?
IRTC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.