RadNet Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	2,144	2,040	1,830	1,617	1,430	1,315
Revenue Growth (YoY)	14.71%	11.51%	13.18%	13.05%	8.74%	22.69%
Cost of Revenue	1,902	1,805	1,581	1,395	1,264	1,123
Gross Profit	242.69	235.49	249.12	221.39	165.72	191.8
Selling, General & Admin	3.86	3.15	1.9	3.78	0.95	0.74
Depreciation & Amortization Expenses	161.61	152.13	137.84	128.39	115.88	96.69
Other Operating Expenses	15.02	18.22	4.75	24.14	2.53	20.92
Total Operating Expenses	180.5	173.49	144.49	156.31	119.35	118.36
Operating Income	62.19	61.99	104.62	98.7	46.36	82.55
Interest Income	16.1	14.88	14.47	6.43	10.39	10.97
Interest Expense	-70.33	-69.91	-79.85	-64.48	-50.84	-48.83
Other Non-Operating Income (Expense)	24.26	24.95	5.62	-1.83	37.06	14.19
Total Non-Operating Income (Expense)	-29.97	-30.08	-59.76	-59.89	-3.39	-23.68
Pretax Income	32.22	31.91	44.86	38.81	42.97	58.88
Provision for Income Taxes	10.16	14.86	6.03	8.47	9.36	14.56
Net Income	-14.19	-18.65	2.79	3.04	10.65	24.73
Minority Interest in Earnings	36.24	35.7	36.04	27.29	22.96	19.59
Net Income to Common	-14.19	-18.65	2.79	3.04	10.65	24.73
Net Income Growth	-	-	-8.25%	-71.42%	-56.93%	-
Shares Outstanding (Basic)	76	75	73	64	56	52
Shares Outstanding (Diluted)	77	75	75	65	57	53
Shares Change (YoY)	2.72%	0.57%	15.63%	12.80%	7.30%	4.97%
EPS (Basic)	-0.18	-0.25	0.04	0.05	0.19	0.47
EPS (Diluted)	-0.18	-0.25	0.04	0.05	0.17	0.46
EPS Growth	-	-	-20.00%	-70.59%	-63.04%	-
Shares Outstanding	78.55	77.4	74.04	67.96	57.72	53.55
Free Cash Flow	101.96	85.57	44.95	44.26	26.97	11.62
Free Cash Flow Growth	19.16%	90.35%	1.56%	64.14%	132.13%	-91.68%
Free Cash Flow Per Share	1.33	1.14	0.60	0.68	0.47	0.22
Gross Margin	11.32%	11.54%	13.62%	13.69%	11.59%	14.58%
Operating Margin	2.90%	3.04%	5.72%	6.11%	3.24%	6.28%
Profit Margin	1.03%	0.84%	2.12%	1.88%	2.35%	3.37%
FCF Margin	4.75%	4.19%	2.46%	2.74%	1.89%	0.88%
EBITDA	288.6	277	306.1	291.18	233.78	256.47
EBITDA Margin	13.46%	13.58%	16.73%	18.01%	16.35%	19.50%
EBIT	62.19	61.99	104.62	98.7	46.36	82.55
EBIT Margin	2.90%	3.04%	5.72%	6.11%	3.24%	6.28%
Effective Tax Rate	31.55%	46.58%	13.43%	21.83%	21.79%	24.73%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q