RadNet, Inc. (RDNT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RDNT Revenue Growth
Revenue Breakdown (FY 2025)
RDNT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RDNT Revenue Analysis (2014–2025)
As of May 8, 2026, RadNet, Inc. (RDNT) generated trailing twelve-month (TTM) revenue of $2.04 billion, reflecting strong growth of +14.8% year-over-year. The most recent quarter (Q4 2025) recorded $547.7 million in revenue, up 4.8% sequentially.
Looking at the longer-term picture, RDNT's 5-year compound annual growth rate (CAGR) stands at +13.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $2.04 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RDNT's business is primarily driven by Commercial Insurance1 (59%), Medicare1 (25%), and Capitation Arrangements (7%). With over half of revenue concentrated in Commercial Insurance1, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including SMID (+16.4% YoY), USPH (+4.0% YoY), and AMSF (+7.8% YoY), RDNT has underperformed the peer group in terms of revenue growth. Compare RDNT vs SMID →
RDNT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RDNTCurrent | $2.0B | +14.8% | +13.7% | 3.0% | |
 SMID | $79M | +16.4% | +11.0% | 12.6% | |
 USPH | $781M | +4.0% | +13.0% | 10.3% | |
 AMSF | $317M | +7.8% | -1.3% | 18.6% | |
 AORT | $441M | +17.6% | +11.8% | 6.1% | |
 UHS | $17.4B | +10.4% | +8.5% | 11.5% |
RDNT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.04B | +11.5% | $0 | - | $62.0M | 3.0% |
| 2024 | $1.83B | +13.2% | $249.1M | 13.6% | $104.6M | 5.7% |
| 2023 | $1.62B | +13.0% | $221.4M | 13.7% | $98.7M | 6.1% |
| 2022 | $1.43B | +8.7% | $165.7M | 11.6% | $46.4M | 3.2% |
| 2021 | $1.32B | +22.7% | $191.8M | 14.6% | $82.6M | 6.3% |
| 2020 | $1.07B | -7.1% | $105.9M | 9.9% | $35.7M | 3.3% |
| 2019 | $1.15B | +18.4% | $154.5M | 13.4% | $69.9M | 6.1% |
| 2018 | $975.1M | +5.7% | $107.6M | 11.0% | $30.9M | 3.2% |
| 2017 | $922.2M | +4.3% | $119.8M | 13.0% | $50.0M | 5.4% |
| 2016 | $884.5M | +9.3% | $108.7M | 12.3% | $38.5M | 4.4% |
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Start ComparisonRDNT — Frequently Asked Questions
Quick answers to the most common questions about buying RDNT stock.
Is RDNT's revenue growth accelerating or slowing?
RDNT maintains +14.8% revenue growth, in line with its 5-year CAGR of +13.7%. TTM revenue stands at $2.0B. Growth rate remains consistent with historical average.
What is RDNT's long-term revenue growth rate?
RadNet, Inc.'s 5-year revenue CAGR of +13.7% reflects the sustained expansion pattern. Current YoY growth of +14.8% is near this long-term average.
How is RDNT's revenue distributed by segment?
RDNT 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.