iRhythm Holdings, Inc.

IRTC Healthcare Medical Devices

iRhythm Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $747.1 million, up 26.2% from fiscal 2024.

Revenue
+14.9%
EPS
−462.5%
Free cash flow
−157.6%
Total debt
+0.48%

Quarter to September 2026, against a year earlier

89.98 40.21 −30.89%
Market cap
$4.3B
P/E
0.0×
Fwd P/E
−311×
Dividend yield
—
F-score
5/9
Altman Z
4.02
Beneish M
−3.04
Dividend safety
n/a

iRhythm Holdings, Inc. (IRTC) Gross margin

Alert me on Gross margin

iRhythm Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 72.3%, up 1.7 percentage points from fiscal 2025 (70.6%). Over the past ten years it has ranged from 59.3% (fiscal 2015) to 75.5% (fiscal 2019); the current reading is higher than 64% of that period. That is above the Medical Devices industry median of 57.8% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 70.6% 1.71
FY2024 68.9% 1.51
FY2023 67.4% (1.19)
FY2022 68.5% 2.38
FY2021 66.2% (7.34)
FY2020 73.5% (2.04)
FY2019 75.5% 1.88
FY2018 73.7% 2.11
FY2017 71.6% 4.14
FY2016 67.4% 8.09

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 74.2% 1.43
Jun 2026 72.8% 1.91
Mar 2026 70.9% 0.01
Dec 2025 70.9% (0.21)
40 more quarters

Against its own ten years

Low 59.3% High 75.5%
Ten-year median 68.9%
Current reading's percentile 73

Gross margin against peers

Company Gross margin
AXGN AxoGen, Inc. compare 74.2%
IRTC iRhythm Holdings, Inc. 72.3%
TXG 10x Genomics compare 70.0%
LIVN LivaNova PLC compare 67.8%
HAE Haemonetics Corporation compare 59.6%
TMDX TransMedics Group, Inc. compare 58.6%
NEOG Neogen Corporation compare 47.4%
UFPT UFP Technologies, Inc. compare 29.0%
ITGR Integer Holdings Corporation compare 24.6%
Medical Devices industry median 57.8%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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