IRhythm Financial Statements From 2010 to 2025

IRTC Stock  USD 107.74  2.60  2.36%   
IRhythm Technologies financial statements provide useful quarterly and yearly information to potential iRhythm Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on IRhythm Technologies financial statements helps investors assess IRhythm Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting IRhythm Technologies' valuation are summarized below:
Gross Profit
379.9 M
Profit Margin
(0.27)
Market Capitalization
3.4 B
Enterprise Value Revenue
6.4022
Revenue
560 M
We have found one hundred twenty available fundamental trends for iRhythm Technologies, which can be analyzed and compared to other ratios and to its competitors. Investors should ensure to confirm all of IRhythm Technologies' regular performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. As of January 31, 2025, Market Cap is expected to decline to about 1.6 B. In addition to that, Enterprise Value is expected to decline to about 1.6 B

IRhythm Technologies Total Revenue

594.91 Million

Check IRhythm Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRhythm Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.7 M, Interest Expense of 2.6 M or Selling General Administrative of 465.7 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 8.61. IRhythm financial statements analysis is a perfect complement when working with IRhythm Technologies Valuation or Volatility modules.
  
Check out the analysis of IRhythm Technologies Correlation against competitors.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.

IRhythm Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets287.1 M498.1 M216.8 M
Slightly volatile
Short and Long Term Debt Total84.4 M149.3 M64.1 M
Slightly volatile
Other Current Liabilities78.9 M75.1 M28.2 M
Slightly volatile
Total Current Liabilities129.6 M123.5 M47 M
Slightly volatile
Other Liabilities734.8 K1.2 M1.5 M
Slightly volatile
Property Plant And Equipment Net185.3 M176.4 M65.8 M
Slightly volatile
Current Deferred RevenueM3.8 M1.6 M
Slightly volatile
Accounts PayableM6.4 M3.9 M
Slightly volatile
Cash51.2 M41.6 M37.1 M
Slightly volatile
Non Current Assets Total244.3 M232.7 M83.1 M
Slightly volatile
Non Currrent Assets Other54.4 M51.8 M14.4 M
Slightly volatile
Other Assets19.3 M25.6 M14.4 M
Slightly volatile
Long Term Debt29.7 M40.2 M22.8 M
Slightly volatile
Cash And Short Term Investments152.1 M153.8 M107.7 M
Slightly volatile
Net Receivables74.2 M70.7 M27.2 M
Slightly volatile
Good Will689.6 K775.8 K845.8 K
Slightly volatile
Common Stock Total Equity20.6 K32.2 K16.4 K
Slightly volatile
Common Stock Shares Outstanding24.7 M35.1 M21.4 M
Slightly volatile
Short Term Investments106.8 M112.2 M88 M
Slightly volatile
Liabilities And Stockholders Equity287.1 M498.1 M216.8 M
Slightly volatile
Non Current Liabilities Total96.7 M133 M92.8 M
Pretty Stable
Inventory16.9 M16.1 M5.8 M
Slightly volatile
Other Current Assets26.1 M24.8 M8.9 M
Slightly volatile
Other Stockholder EquityB984.2 M364.5 M
Slightly volatile
Total Liabilities149.5 M256.5 M135.1 M
Slightly volatile
Deferred Long Term Liabilities147 K175.9 K116.7 K
Slightly volatile
Property Plant And Equipment Gross246.3 M234.5 M76.4 M
Slightly volatile
Short and Long Term Debt10.9 M10.5 M10.5 M
Very volatile
Total Current Assets194.6 M265.4 M143.2 M
Slightly volatile
Short Term Debt24.3 M34.9 M18.3 M
Slightly volatile
Intangible Assets689.6 K775.8 K845.8 K
Slightly volatile
Common Stock22.9 K35.6 K16.9 K
Slightly volatile
Property Plant Equipment47.6 M87 M37.7 M
Slightly volatile
Long Term Debt Total25.1 M31.4 M31.2 M
Very volatile
Capital Surpluse920.6 M876.7 M366.8 M
Slightly volatile
Net Invested Capital246.5 M281.8 M180.7 M
Slightly volatile
Net Working Capital180.5 M142 M135.1 M
Slightly volatile
Capital Stock29.5 K35.6 K25.6 K
Slightly volatile
Capital Lease Obligations103.5 M109.1 M95.4 M
Slightly volatile

IRhythm Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization26.7 M25.5 M8.2 M
Slightly volatile
Interest Expense2.6 M4.2 M2.1 M
Slightly volatile
Selling General Administrative465.7 M443.5 M168.9 M
Slightly volatile
Total Revenue594.9 M566.6 M207.6 M
Slightly volatile
Gross Profit400.7 M381.6 M141.6 M
Slightly volatile
Other Operating Expenses746 M710.5 M263.1 M
Slightly volatile
Research Development72.7 M69.3 M27.6 M
Slightly volatile
Cost Of Revenue194.3 M185 M66 M
Slightly volatile
Total Operating Expenses551.8 M525.5 M197.1 M
Slightly volatile
Income Tax Expense543 K675 K620.6 K
Very volatile
Interest Income7.4 M7.1 M2.5 M
Slightly volatile
Reconciled Depreciation26.7 M25.5 M8.1 M
Slightly volatile
Tax Provision905.6 K862.5 K240.3 K
Slightly volatile
Non Recurring21.3 M23.9 M26.1 M
Slightly volatile

IRhythm Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation93.2 M88.8 M29.6 M
Slightly volatile
Begin Period Cash Flow48 M90.7 M37.7 M
Slightly volatile
Depreciation26.7 M25.5 M7.5 M
Slightly volatile
Capital Expenditures48.8 M46.5 M15.2 M
Slightly volatile
End Period Cash Flow51.2 M41.6 M37.1 M
Slightly volatile
Change To Netincome98 M93.3 M36.3 M
Slightly volatile
Cash Flows Other Operating65.8 M62.7 M23.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.35.978.4272
Slightly volatile
Days Sales Outstanding61.752.3862.1191
Slightly volatile
Stock Based Compensation To Revenue0.080.140.0929
Slightly volatile
Capex To Depreciation3.232.12.9201
Pretty Stable
EV To Sales8.376.148.4849
Slightly volatile
Inventory Turnover14.4813.2412.999
Very volatile
Days Of Inventory On Hand23.1228.5328.8746
Very volatile
Payables Turnover27.4326.1216.3486
Slightly volatile
Sales General And Administrative To Revenue0.680.80.8337
Pretty Stable
Research And Ddevelopement To Revenue0.180.140.174
Slightly volatile
Capex To Revenue0.04410.07380.0508
Slightly volatile
Cash Per Share5.313.946.1898
Very volatile
Days Payables Outstanding13.7414.4626.6268
Pretty Stable
Income Quality0.630.470.6226
Slightly volatile
Intangibles To Total Assets0.00220.00230.0227
Slightly volatile
Current Ratio4.592.473.823
Very volatile
Receivables Turnover5.627.216.4122
Slightly volatile
Graham Number16.8722.5222.4894
Pretty Stable
Capex Per Share1.251.190.5933
Slightly volatile
Revenue Per Share15.2514.5210.2248
Slightly volatile
Interest Debt Per Share2.893.933.7696
Very volatile
Debt To Assets0.390.340.37
Slightly volatile
Operating Cycle93.4988.8492.0312
Slightly volatile
Days Of Payables Outstanding13.7414.4626.6268
Pretty Stable
Ebt Per Ebit1.221.131.1362
Pretty Stable
Quick Ratio4.462.323.6912
Very volatile
Net Income Per E B T0.80.910.9835
Slightly volatile
Cash Ratio0.370.391.3417
Slightly volatile
Cash Conversion Cycle59.8274.3864.1588
Slightly volatile
Days Of Inventory Outstanding23.1228.5328.8746
Very volatile
Days Of Sales Outstanding61.752.3862.1191
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.21.631.4042
Slightly volatile
Fixed Asset Turnover3.513.6916.5454
Slightly volatile
Debt Ratio0.390.340.37
Slightly volatile
Price Sales Ratio8.35.978.4272
Slightly volatile
Asset Turnover0.971.310.9655
Pretty Stable
Gross Profit Margin0.520.610.5985
Slightly volatile

IRhythm Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B2.5 B1.7 B
Slightly volatile
Enterprise Value1.6 B2.6 B1.7 B
Slightly volatile

IRhythm Fundamental Market Drivers

Cash And Short Term Investments133.8 M

IRhythm Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About IRhythm Technologies Financial Statements

IRhythm Technologies stakeholders use historical fundamental indicators, such as IRhythm Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although IRhythm Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in IRhythm Technologies' assets and liabilities are reflected in the revenues and expenses on IRhythm Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in iRhythm Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue3.8 MM
Total Revenue566.6 M594.9 M
Cost Of Revenue185 M194.3 M
Stock Based Compensation To Revenue 0.14  0.08 
Sales General And Administrative To Revenue 0.80  0.68 
Research And Ddevelopement To Revenue 0.14  0.18 
Capex To Revenue 0.07  0.04 
Revenue Per Share 14.52  15.25 
Ebit Per Revenue(0.23)(0.24)

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When determining whether iRhythm Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IRhythm Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Irhythm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Irhythm Technologies Stock:
Check out the analysis of IRhythm Technologies Correlation against competitors.
For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRhythm Technologies. If investors know IRhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRhythm Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.85)
Revenue Per Share
18.045
Quarterly Revenue Growth
0.184
Return On Assets
(0.09)
Return On Equity
(1.03)
The market value of iRhythm Technologies is measured differently than its book value, which is the value of IRhythm that is recorded on the company's balance sheet. Investors also form their own opinion of IRhythm Technologies' value that differs from its market value or its book value, called intrinsic value, which is IRhythm Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRhythm Technologies' market value can be influenced by many factors that don't directly affect IRhythm Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRhythm Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if IRhythm Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRhythm Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.