iRhythm Technologies Inc

iRhythm Technologies Inc

IRTC · NASDAQ · Healthcare / Medical Devices

91.91USD-1.65 (-1.76%)

Price History

Full chart

Market Stats

Previous Close93.56
Open93.69
Day Range90.34 – 94.15
52-Week Range86.30 – 192.47
Volume917.17K
Market Cap4.29B
P/E (TTM)0.00
Forward P/E106.38
EPS-0.42
Dividend Yield0.00%
Beta1.47
50-Day Avg115.45
200-Day Avg121.62

About

iRhythm Holdings, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. It also provides Zio Monitor System, a prescription-only remote electrocardiogram (ECG) monitoring system consisting a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days; Zio XT System, a prescription-only remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and Zio ECG Utilization Software System, which supports the capture and analysis of ECG data. In addition, the company offers Zio AT System, a prescription-only remote ECG monitoring system, which consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days, as well as incorporates the Zio AT wireless gateway to provide connectivity between the patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with BioIS to develop and commercialize pulse oximetry, accelerometry, and trending non-invasive blood pressure technologies for use within ambulatory cardiac monitoring products and services. The company was formerly known as iRhythm Technologies, Inc. and changed its name to iRhythm Holdings, Inc. in January 2026. iRhythm Holdings, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Quentin S. Blackford
  • Employees2.40K
  • Headquarters699 8th Street, San Francisco, CA, United States, 94103, USA
  • Websitehttps://www.irhythmtech.com

Leadership

  • Mr. Quentin S. BlackfordPresident, CEO & Director · b. 1979
  • Mr. Daniel G. WilsonCFO & Principal Financial Officer · b. 1982
  • Dr. Minang P. Turakhia M.D., M.S.Chief Medical & Scientific Officer and Executive VP of Advanced Technologies · b. 1974
  • Mr. Patrick Michael Murphy J.D.Chief Business & Legal Officer · b. 1979
  • Mr. Chad M. PattersonChief Commercial and Product Officer · b. 1982
  • Mr. Mervin SmithExecutive Vice President of Business Operations · b. 1975
  • Mr. Marc RosenbaumSenior VP of Finance & Chief Accounting Officer · b. 1973
  • Mr. Brian LawrenceExecutive VP & CTO · b. 1970
  • Ms. Lisa PecoraSenior Vice President of Finance & Investor Relations
  • Mr. Sean Clinton FreemanExecutive Vice President of Strategy & Corporate Development · b. 1976

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.37M21.75M36.14M64.07M99.13M147.28M214.55M265.17M322.82M410.92M492.68M591.84M747.14M
Growth (%)-+41.52%+66.17%+77.29%+54.72%+48.57%+45.68%+23.59%+21.74%+27.29%+19.90%+20.13%+26.24%
Cost of Revenue8.85M10.59M14.70M20.88M28.20M38.80M52.48M70.28M109.26M129.29M160.88M184.31M219.89M
Gross Profit6.52M11.16M21.44M43.19M70.93M108.48M162.07M194.89M213.57M281.63M331.81M407.53M527.25M
Gross Margin42.44%51.30%59.32%67.41%71.55%73.66%75.54%73.50%66.16%68.54%67.35%68.86%70.57%
Operating Expense17.70M25.92M43.07M58.77M98.52M154.17M216.82M238.56M313.51M395.42M456.97M523.04M564.06M
Operating Income-11.18M-14.77M-21.63M-15.58M-27.59M-45.69M-54.76M-43.67M-99.94M-113.78M-125.16M-115.50M-36.81M
Operating Margin-72.74%-67.89%-59.85%-24.32%-27.83%-31.02%-25.52%-16.47%-30.96%-27.69%-25.40%-19.52%-4.93%
EBITDA-11.03M-14.82M-21.25M-17.09M-24.76M-44.95M-49.41M-29.15M-83.23M-92.14M-96.86M-74.13M-3.96M
EBITDA Margin-71.76%-68.12%-58.79%-26.67%-24.97%-30.52%-23.03%-10.99%-25.78%-22.42%-19.66%-12.52%-0.53%
Net Income-13.59M-15.83M-22.80M-20.90M-29.74M-50.38M-54.57M-43.83M-101.36M-116.16M-123.41M-113.29M-44.55M
Net Income Margin-88.42%-72.79%-63.09%-32.62%-30.00%-34.21%-25.43%-16.53%-31.40%-28.27%-25.05%-19.14%-5.96%
R&D3.66M5.70M6.35M7.15M13.27M20.86M37.30M41.33M38.67M46.61M60.24M103.83M84.61M
R&D as % of Total Revenue23.84%26.20%17.57%11.16%13.38%14.16%17.38%15.59%11.98%11.34%12.23%17.54%11.32%
Interest Expense-774.00K1.06M3.25M3.39M3.12M1.64M1.52M1.17M4.14M3.65M12.82M13.15M
Interest Expense % of Total Revenue-3.56%2.93%5.07%3.42%2.12%0.77%0.57%0.36%1.01%0.74%2.17%1.76%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets13.26M18.51M37.87M138.16M133.12M119.71M306.21M511.74M462.97M448.22M433.14M931.45M1.02B
Total Liabilities8.66M11.24M139.50M45.59M53.57M65.29M170.80M170.13M183.45M208.41M223.05M840.54M867.30M
Total Equity4.60M7.26M-101.62M92.56M79.55M54.42M135.41M341.61M279.51M239.81M210.10M90.91M152.75M
Cash7.10M8.62M25.21M51.64M8.67M20.02M20.46M88.63M127.56M78.83M36.17M419.60M236.01M
Total Debt5.84M6.25M30.55M32.23M33.98M34.90M128.59M122.47M117.71M131.04M129.82M736.91M731.18M
Net Debt-1.26M-2.36M5.34M-19.42M25.31M14.88M108.13M33.84M-9.85M52.21M93.65M317.31M495.17M

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-11.85M-15.63M-18.00M-16.65M-14.91M-29.07M-21.86M-13.76M-37.75M-23.01M-50.10M3.39M80.86M
Investing Cash Flow-452.00K-539.00K-1.79M-68.17M-34.59M34.12M-89.27M-132.39M105.26M-52.43M-1.21M-122.98M-277.06M
Financing Cash Flow14.53M17.68M36.38M111.25M6.53M6.30M111.58M214.32M-28.58M26.72M8.82M511.38M12.61M
Capital Expenditure452.00K539.00K1.79M2.76M3.56M5.18M20.46M13.55M28.07M29.83M40.42M48.94M46.34M
Free Cash Flow-12.30M-16.16M-19.79M-19.41M-18.47M-34.25M-42.32M-27.31M-65.82M-52.84M-90.53M-45.55M34.52M
Dividends Paid---00--10.01M25.85M----
FCF to OCF103.81%103.45%109.93%116.59%123.89%117.82%193.57%198.49%174.34%229.63%180.69%-1343.72%42.69%
Dividend Paid to FCF---0.00%0.00%---36.65%-39.28%----

Earnings

Report DateDec 5, 2016Feb 15, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 14, 2018May 2, 2018Aug 1, 2018Oct 30, 2018Feb 12, 2019May 7, 2019Jul 31, 2019Nov 5, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 23, 2022May 5, 2022Aug 5, 2022Nov 1, 2022Feb 23, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 1, 2024Oct 30, 2024Feb 20, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 19, 2026Apr 30, 2026Aug 6, 2026Oct 29, 2026Nov 5, 2026
EPS Estimate-0.30-0.27-0.35-0.29-0.32-0.35-0.36-0.39-0.45-0.45-0.48-0.44-0.39-0.50-0.59-0.75-0.52-0.31-0.85-0.94-1.07-1.17-1.06-0.90-0.81-0.62-0.86-0.75-0.58-0.60-0.99-0.88-0.57-0.28-0.94-0.47-0.280.01-0.64-0.010.020.02
EPS Actual-2.80-0.37-0.24-0.29-0.29-0.48-0.47-0.51-0.43-0.48-0.33-0.46-0.74-0.65-0.34-0.75-0.17-0.33-0.95-0.59-0.81-1.10-0.80-0.79-0.63-0.67-1.10-0.43-0.79-1.26-1.23-0.61-1.260.01-0.95-0.32-0.060.17-0.350.58-0.82
Surprise-833.33%-37.04%31.43%0.00%9.38%-37.14%-30.56%-30.77%4.44%-6.67%31.25%-4.55%-89.74%-30.00%42.37%0.00%67.31%-6.45%-11.76%37.23%24.30%5.98%24.53%12.22%22.22%-8.06%-27.91%42.67%-36.21%-110.00%-24.24%30.68%-121.05%103.57%-1.06%31.91%78.57%1600.00%45.31%5900.00%-4000.00%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hours

Key Statistics & Ratios

Market Cap4.29B
Enterprise Value4.49B
Trailing P/E0.00
Forward P/E106.38
PEG Ratio0.00
Price / Sales5.02
Price / Book23.15
EPS-0.42
Book Value5.34
Revenue (TTM)854.04M
Gross Profit (TTM)617.11M
EBITDA38.53M
Profit Margin-4.52%
Operating Margin8.24%
Return on Equity-25.81%
Return on Assets1.93%
Shares Outstanding32.96M
Shares Float30.89M
Beta1.47
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 16 analystsTarget 171.33
  • Strong Buy
    13
  • Buy
    3

Ownership Breakdown

Institutions
107.50%
Insiders
1.17%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    2.99M9.06%
  • RTW INVESTMENTS, LLC
    2.18M6.62%
  • Vanguard Portfolio Management, LLC
    1.91M5.81%
  • Artisan Partners Limited Partnership
    1.66M5.04%
  • Vanguard Capital Management, LLC
    1.46M4.44%
  • Millennium Management LLC
    1.41M4.27%
  • FMR Inc
    1.19M3.62%
  • UBS Asset Mgmt Americas Inc
    944.52K2.87%
  • Geode Capital Management, LLC
    881.90K2.68%
  • Eventide Asset Management, LLC
    880.34K2.67%
  • BNP Paribas Investment Partners SA
    866.53K2.63%
  • State Street Corp
    856.52K2.60%
  • Holocene Advisors, LP
    783.64K2.38%
  • JPMorgan Chase & Co
    766.22K2.32%
  • Stephens Inv Mgmt Group LLC
    693.44K2.10%
  • Fuller & Thaler Asset Management Inc
    685.50K2.08%
  • BRAIDWELL LP
    654.26K1.98%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.03M3.13%
  • iShares Russell 2000 ETF
    837.82K2.54%
  • Vanguard Small Cap Index
    727.70K2.21%