Irhythm Holdings Inc (IRTC) financials
Irhythm revenue and earnings by year
Irhythm's revenue was $747 million in the fiscal year to December 31, 2025, up 26.2% from the year before. Net income was -$44.6 million, -6.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 31.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 747 | 592 | 493 | 411 | 323 | 265 | 215 | 147 | 99 | 64 |
| Revenue growth | 26.2% | 20.1% | 19.9% | 27.3% | 21.7% | 23.6% | 45.7% | 48.6% | 54.7% | — |
| Gross profit | 527 | 408 | 332 | 282 | 214 | 195 | 162 | 108 | 71 | 43 |
| Gross margin | 70.6% | 68.9% | 67.3% | 68.5% | 66.2% | 73.5% | 75.5% | 73.7% | 71.5% | 67.4% |
| Operating income | -57 | -116 | -125 | -114 | -100 | -44 | -55 | -46 | -28 | -16 |
| Operating margin | -7.7% | -19.5% | -25.4% | -27.7% | -31.0% | -16.5% | -25.5% | -31.0% | -27.8% | -24.3% |
| Net income | -45 | -113 | -123 | -116 | -101 | -44 | -55 | -50 | -30 | -21 |
| Net margin | -6.0% | -19.1% | -25.0% | -28.3% | -31.4% | -16.5% | -25.4% | -34.2% | -30.0% | -32.6% |
| Diluted EPS | -$1.39 | -$3.63 | -$4.04 | -$3.88 | -$3.46 | -$1.59 | -$2.15 | -$2.05 | -$1.32 | — |
| Free cash flow | 35 | -31 | -91 | -53 | -66 | -27 | -42 | -34 | -18 | -19 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open IRTC in Markets.
How Irhythm makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Commercial Payors | $114M | 50.8% |
| Centers For Medicare Medicaid Services | $58.5M | 26.1% |
| Healthcare Institutions | $37.8M | 16.9% |
| Non Contracted Third Party Payors | $14.1M | 6.3% |
See also: IRTC returns
No forecast, no recommendation. This page describes Irhythm Holdings Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.