iRhythm Holdings, Inc. Income Statement
IRTC / Health Care|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
iRhythm Holdings, Inc. reported $747M in revenue and $45M in net loss for FY2025. Revenue has grown at a 37.9% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.35 (distress zone, below 1.8 threshold)
- Negative profit margin: -19.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $747.1M | $591.8M | $492.7M | $410.9M | $322.8M | $265.2M | $214.6M | $147.3M | $99.1M | $64.1M | $36.1M | $21.7M |
| Cost of Revenue | $219.9M | $184.3M | $160.9M | $129.3M | $109.3M | $70.3M | $52.5M | $38.8M | $28.2M | $20.9M | $14.7M | $10.6M |
| Gross Profit | $527.3M | $407.5M | $331.8M | $281.6M | $213.6M | $194.9M | $162.1M | $108.5M | $70.9M | $43.2M | $21.4M | $11.2M |
| SG&A Expense | $492.6M | $418.6M | $385.6M | $322.2M | $274.8M | $197.2M | $179.5M | $133.3M | $85.3M | $51.6M | $36.7M | $20.2M |
| R&D Expense | $84.6M | $71.5M | $60.2M | $46.6M | $38.7M | $41.3M | $37.3M | $20.9M | $13.3M | $7.2M | $6.3M | $5.7M |
| Operating Income | -$57.4M | -$115.5M | -$125.2M | -$113.8M | -$99.9M | -$43.7M | -$54.8M | -$45.7M | -$27.6M | -$15.6M | -$21.6M | -$14.8M |
| Interest Expense | - | - | $3.6M | $4.1M | $1.2M | $1.5M | $1.6M | $3.1M | $3.4M | $3.2M | $1.1M | $774.0K |
| Income Tax | $953.0K | $565.0K | $750.0K | $269.0K | $367.0K | $229.0K | $65.0K | $44.0K | $0 | $0 | $0 | $0 |
| Net Income | -$44.6M | -$113.3M | -$123.4M | -$116.2M | -$101.4M | -$43.8M | -$54.6M | -$50.4M | -$29.7M | -$20.9M | -$22.8M | -$15.8M |
| EPS (Basic) | -$4.04 | -$3.88 | -$3.46 | -$1.58 | -$2.16 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$4.04 | -$3.88 | -$3.46 | -$1.58 | -$2.16 | -$2.11 | -$1.31 | -$3.95 | -$16.57 | -$12.05 | - | - |
| Shares Outstanding | 31.4M | 31.0M | 30.2M | 29.5M | 29.0M | 26.7M | 24.4M | 23.4M | 22.1M | 1.4M | 1.4M | 1.3M |
| Gross Margin | 70.6% | 68.9% | 67.3% | 68.5% | 66.2% | 73.5% | 75.5% | 73.7% | 71.5% | 67.4% | 59.3% | 51.3% |
| Operating Margin | -7.7% | -19.5% | -25.4% | -27.7% | -31.0% | -16.5% | -25.5% | -31.0% | -27.8% | -24.3% | -59.9% | -67.9% |
| Profit Margin | -6.0% | -19.1% | -25.1% | -28.3% | -31.4% | -16.5% | -25.4% | -34.2% | -30.0% | -32.6% | -63.1% | -72.8% |