iRhythm Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $747.1M | $591.8M | $492.7M | $410.9M | $322.8M |
| Cost of revenue | $219.9M | $184.3M | $160.9M | $129.3M | $109.3M |
| Gross profit | $527.2M | $407.5M | $331.8M | $281.6M | $213.6M |
| Selling, general & administrative | $492.6M | $418.6M | $385.6M | $322.2M | $274.8M |
| Research and development | $84.6M | $71.5M | $60.2M | $46.6M | $38.7M |
| Operating expenses | $584.7M | $523.0M | $457.0M | $395.4M | $313.5M |
| Operating income | -$57.4M | -$115.5M | -$125.2M | -$113.8M | -$99.9M |
| Interest expense | $13.2M | $12.8M | $3.6M | $4.1M | $1.2M |
| Pretax income | -$43.6M | -$112.7M | -$122.7M | -$115.9M | -$101.0M |
| Income tax expense | $953,000 | $565,000 | $750,000 | $269,000 | $367,000 |
| Net income | -$44.6M | -$113.3M | -$123.4M | -$116.2M | -$101.4M |
| Balance Sheet | |||||
| Cash and equivalents | $236.0M | $419.6M | $36.2M | $78.8M | $127.6M |
| Current assets | $702.8M | $645.8M | $230.8M | $288.8M | $305.5M |
| Total assets | $1.0B | $931.4M | $433.1M | $448.2M | $463.0M |
| Current liabilities | $151.9M | $110.9M | $107.4M | $89.1M | $87.9M |
| Total liabilities | $867.3M | $840.5M | $223.0M | $208.4M | $183.5M |
| Total debt | — | — | — | — | $21.4M |
| Stockholders' equity | $152.7M | $90.9M | $210.1M | $239.8M | $279.5M |
| Cash Flow Statement | |||||
| Cash from operations | $80.9M | $3.4M | -$50.1M | -$23.0M | -$37.8M |
| Depreciation and amortization | $20.7M | $20.7M | $16.3M | $13.4M | $9.8M |
| Stock-based compensation | $88.3M | $76.0M | $77.2M | $57.7M | $54.5M |
| Capital expenditure | $46.3M | $33.9M | $40.4M | $29.8M | $28.1M |
| Free cash flow | $34.5M | -$30.6M | -$90.5M | -$52.8M | -$65.8M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Share repurchases | $0 | $25.0M | $0 | $0 | — |
| Impairments | $4.5M | $641,000 | $11.1M | $23.2M | $0 |
Shares outstanding 32.9M · Free float 97.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.