iRhythm Technologies, Inc. (IRTC) — Financial statements
Income statement, balance sheet, and cash flow for iRhythm Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 747↑26.2% | 592↑20.1% | 493↑19.9% | 411↑27.3% | 323 | |
| Cost of Revenue | 220↑19.3% | 184↑14.6% | 161↑24.4% | 129↑18.3% | 109 | |
| Gross Profit | 527↑29.4% | 408↑22.8% | 332↑17.8% | 282↑31.9% | 214 | |
| Operating Expenses | ||||||
| R&D Expenses | 85↓18.5% | 104↑72.3% | 60↑29.3% | 47↑20.5% | 39 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 479↑14.5% | 419↑8.5% | 386↑19.7% | 322↑17.2% | 275 | |
| Other Expenses | 0.00↓100.0% | 0.64↓94.2% | 11↓58.4% | 27 | 0.00 | |
| Operating Expenses | 564↑7.8% | 523↑14.5% | 457↑15.6% | 395↑26.1% | 314 | |
| Total Costs & Expenses | 784↑10.8% | 707↑14.5% | 618↑17.8% | 525↑24.1% | 423 | |
| Operating Results | ||||||
| Operating Income | -37↑68.1% | -116↑7.7% | -125↓10.0% | -114↓13.8% | -100 | |
| Depreciation & Amortization | 26↑2.7% | 26↑16.4% | 22↑12.9% | 20↑18.2% | 17 | |
| EBITDA | -10↑86.1% | -74↑23.5% | -97↓5.1% | -92↓10.7% | -83 | |
| EBIT | -37↑63.2% | -100↑16.1% | -119↓6.5% | -112↓11.9% | -100 | |
| Interest & Other Income | ||||||
| Net Interest Income | 8↓8.2% | 9↑264.0% | 3↑240.1% | -2↓70.1% | -1 | |
| Interest Income | 22↓1.9% | 22↑256.4% | 6↑161.9% | 2↑1891.5% | 0.12 | |
| Interest Expense | 13↑2.6% | 13↑251.3% | 4↓11.8% | 4↑254.0% | 1 | |
| Non-Operating Income | 0.00↑100.0% | -16↓153.5% | -6↓202.3% | -2↓1625.4% | -0.12 | |
| Other Income / Expenses | -7↓344.1% | 3↑11.0% | 3↑219.2% | -2↓100.0% | -1 | |
| Income Before Tax | -44↑61.3% | -113↑8.1% | -123↓5.8% | -116↓14.7% | -101 | |
| Income Tax Expense | 0.95↑68.7% | 0.57↓24.7% | 0.75↑178.8% | 0.27↓26.7% | 0.37 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -45↑60.7% | -113↑8.2% | -123↓6.2% | -116↓14.6% | -101 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -45↑60.7% | -113↑8.2% | -123↓6.2% | -116↓14.6% | -101 | |
| Bottom-Line Net Income | -45↑60.7% | -113↑8.2% | -123↓6.2% | -116↓14.6% | -101 | |
| EPS (Basic) | -1.39↑61.7% | -3.63↑10.1% | -4.04↓4.1% | -3.88↓12.1% | -3.46 | |
| EPS (Diluted) | -1.39↑61.7% | -3.63↑10.1% | -4.04↓4.1% | -3.88↓12.1% | -3.46 | |
| Weighted Average Shares | 32↑2.6% | 31↑2.2% | 31↑2.0% | 30↑2.0% | 29 | |
| Weighted Average Diluted Shares | 32↑2.6% | 31↑2.2% | 31↑2.0% | 30↑2.0% | 29 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.