iRhythm Technologies, Inc. (IRTC)

iRhythm Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	702.57	591.84	492.68	410.92	322.83	265.17
Revenue Growth (YoY)	25.45%	20.13%	19.90%	27.29%	21.74%	23.59%
Cost of Revenue	208.31	184.31	160.88	129.29	109.26	70.28
Gross Profit	494.26	407.53	331.81	281.63	213.57	194.89
Selling, General & Admin	458.56	407.49	369.78	317.12	274.84	197.23
Research & Development	82.65	71.46	60.24	46.61	38.67	41.33
Operating Expenses	541.21	478.95	430.02	363.73	313.51	238.56
Operating Income	-46.94	-71.42	-98.22	-82.09	-99.94	-43.67
Interest Expense	-13.15	-12.82	-3.65	-4.14	-1.17	-1.52
Interest & Investment Income	21.92	21.94	6.35	2.35	0.25	2.02
Currency Exchange Gain (Loss)	-	-	-	-	-0.13	-
Other Non Operating Income (Expenses)	0.31	1.25	-0.2	-0.31	-	-
EBT Excluding Unusual Items	-37.86	-61.05	-95.71	-84.2	-100.99	-43.17
Merger & Restructuring Charges	-4.76	-11.07	-15.87	-8.53	-	-
Gain (Loss) on Sale of Investments	3.89	-	-	-	-	-0.43
Asset Writedown	-2.48	-0.64	-11.08	-23.16	-	-
Other Unusual Items	-	-7.59	-	-	-	-
Pretax Income	-50.81	-112.72	-122.66	-115.89	-100.99	-43.6
Income Tax Expense	0.66	0.57	0.75	0.27	0.37	0.23
Net Income	-51.46	-113.29	-123.41	-116.16	-101.36	-43.83
Net Income to Common	-51.46	-113.29	-123.41	-116.16	-101.36	-43.83
Shares Outstanding (Basic)	32	31	31	30	29	28
Shares Outstanding (Diluted)	32	31	31	30	29	28
Shares Change (YoY)	2.38%	2.19%	2.05%	1.99%	5.68%	9.85%
EPS (Basic)	-1.62	-3.63	-4.04	-3.88	-3.46	-1.58
EPS (Diluted)	-1.62	-3.63	-4.04	-3.88	-3.46	-1.58
Free Cash Flow	32.42	-30.55	-90.53	-52.84	-65.82	-27.31
Free Cash Flow Per Share	1.02	-0.98	-2.96	-1.77	-2.24	-0.98
Gross Margin	70.35%	68.86%	67.35%	68.54%	66.16%	73.50%
Operating Margin	-6.68%	-12.07%	-19.93%	-19.98%	-30.96%	-16.47%
Profit Margin	-7.32%	-19.14%	-25.05%	-28.27%	-31.40%	-16.53%
Free Cash Flow Margin	4.61%	-5.16%	-18.37%	-12.86%	-20.39%	-10.30%
EBITDA	-41.07	-65.61	-94.07	-78.49	-96.7	-36.77
EBITDA Margin	-5.85%	-11.09%	-19.09%	-19.10%	-29.95%	-13.87%
D&A For EBITDA	5.88	5.82	4.15	3.61	3.24	6.9
EBIT	-46.94	-71.42	-98.22	-82.09	-99.94	-43.67
EBIT Margin	-6.68%	-12.07%	-19.93%	-19.98%	-30.96%	-16.47%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q