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) Operating margin

Alert me on Operating margin

iRhythm Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was −5.74%, up 1.9 percentage points from fiscal 2025 (−7.68%). Over the past ten years it has ranged from −59.9% (fiscal 2015) to −7.68% (fiscal 2025) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −15.1% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −7.68% 11.84
FY2024 −19.5% 5.88
FY2023 −25.4% 2.29
FY2022 −27.7% 3.27
FY2021 −31.0% (14.49)
FY2020 −16.5% 9.05
FY2019 −25.5% 5.50
FY2018 −31.0% (3.19)
FY2017 −27.8% (3.51)
FY2016 −24.3% 35.53

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −14.7% (13.56)
Jun 2026 −1.13% 6.99
Mar 2026 −8.12% (9.21)
Dec 2025 1.09% 5.46
40 more quarters

Against its own ten years

Low −59.9% High −7.68%
Ten-year median −25.5%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
UFPT UFP Technologies, Inc. compare 15.5%
HAE Haemonetics Corporation compare 12.8%
TMDX TransMedics Group, Inc. compare 11.9%
LIVN LivaNova PLC compare 10.8%
ITGR Integer Holdings Corporation compare 8.25%
NEOG Neogen Corporation compare −0.83%
AXGN AxoGen, Inc. compare −5.17%
IRTC iRhythm Holdings, Inc. −5.74%
TXG 10x Genomics compare −14.3%
Medical Devices industry median −15.1%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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