RadNet, Inc. (RDNT)

NASDAQ: RDNT · Real-Time Price · USD

68.94

-1.71 (-2.42%)

At close: Sep 30, 2026, 4:00 PM EDT

68.00

-0.94 (-1.36%)

Pre-market: Oct 1, 2026, 6:36 AM EDT

RadNet Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,269	2,040	1,830	1,617	1,430	1,324
Revenue Growth	18.93%	11.51%	13.18%	13.05%	7.99%	20.59%
Gross Profit	392.17	358.95	360.16	317.47	273.19	200.91
Operating Income	105	90.8	112.16	84.82	49.84	104.22
Net Income	-21.12	-18.65	2.79	3.04	10.65	24.73
Earnings Per Share	-0.27	-0.25	0.04	0.05	0.17	0.46
EPS Growth	-	-	-20.13%	-72.35%	-62.36%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Imaging Centers	2,198	1,988	1,792	1,591	1,413
Digital Health	70.53	52.02	37.35	26.07	16.64
Revenue (Total)	2,269	2,040	1,830	1,617	1,430

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	726.27	767.22	740.02	342.57	127.83	134.61
Total Debt	2,184	1,859	1,729	1,491	1,513	1,398
Net Cash (Debt)	-1,458	-1,092	-988.84	-1,149	-1,386	-1,263
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-18.96	-14.52	-13.23	-17.76	-24.17	-23.65

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	310.06	298.82	233.02	220.86	146.42	149.49
Capital Expenditures	-237.69	-213.25	-188.07	-176.6	-119.45	-137.87
Free Cash Flow	72.37	85.57	44.95	44.26	26.97	11.62
Free Cash Flow Growth	-4.79%	90.35%	1.56%	64.14%	132.13%	-91.68%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	17.28%	17.59%	19.68%	19.64%	19.10%	15.17%
Operating Margin	4.63%	4.45%	6.13%	5.25%	3.48%	7.87%
Pretax Margin	1.54%	1.56%	2.45%	2.40%	3.00%	4.45%
Profit Margin	-0.93%	-0.91%	0.15%	0.19%	0.74%	1.87%
FCF Margin	3.19%	4.19%	2.46%	2.74%	1.89%	0.88%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	1851.07	775.53	101.42	65.07
Forward PE	118.96	109.48	115.76	84.87	61.08	48.76
P/FCF Ratio	74.97	64.44	115.01	53.33	40.05	138.50
PS Ratio	2.39	2.70	2.83	1.46	0.76	1.22