IRhythm Financial Statements From 2010 to 2026

IRTC Stock  USD 140.18  4.28  3.15%   
IRhythm Technologies' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing IRhythm Technologies' valuation are provided below:
Gross Profit
527.2 M
Profit Margin
(0.06)
Market Capitalization
4.4 B
Enterprise Value Revenue
6.4687
Revenue
747.1 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 2026 to make sure the company is sustainable down the road. As of February 27, 2026, 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

784.49 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 27.8 M, Total Revenue of 784.5 M or Gross Profit of 553.6 M, as well as many indicators such as Price To Sales Ratio of 10.69, Dividend Yield of 0.0 or PTB Ratio of 39.04. IRhythm financial statements analysis is a perfect complement when working with IRhythm Technologies Valuation or Volatility modules.
  
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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 Assets1.1 BB334.4 M
Slightly volatile
Short and Long Term Debt Total767.7 M731.2 M178 M
Slightly volatile
Other Current Liabilities135.2 M128.7 M40.2 M
Slightly volatile
Total Current Liabilities159.5 M151.9 M54.1 M
Slightly volatile
Property Plant And Equipment Net203.1 M193.4 M74.1 M
Slightly volatile
Accounts Payable2.1 M2.3 M3.5 M
Slightly volatile
Cash247.8 M236 M82.2 M
Slightly volatile
Non Current Assets Total333.1 M317.3 M104.9 M
Slightly volatile
Non Currrent Assets Other55.7 M53.1 M16.4 M
Slightly volatile
Cash And Short Term Investments613 M583.8 M184.9 M
Slightly volatile
Net Receivables79.5 M75.7 M30.3 M
Slightly volatile
Good Will689.6 K775.8 K846.8 K
Slightly volatile
Common Stock Shares Outstanding24.4 M32 M18.6 M
Slightly volatile
Liabilities And Stockholders Equity1.1 BB334.4 M
Slightly volatile
Non Current Liabilities Total751.2 M715.4 M176.8 M
Slightly volatile
Inventory22.7 M21.6 M6.9 M
Slightly volatile
Other Current Assets22.7 M21.7 M7.7 M
Slightly volatile
Other Stockholder Equity485.5 M955.8 M366.4 M
Slightly volatile
Total Liabilities910.7 M867.3 M230.8 M
Slightly volatile
Total Current Assets737.9 M702.8 M229.5 M
Slightly volatile
Short Term Debt17 M16.7 M12.7 M
Slightly volatile
Common Stock24.2 K32 K19.7 K
Slightly volatile
Other Liabilities734.8 K1.2 M1.5 M
Slightly volatile
Current Deferred Revenue2.1 M4.2 M1.6 M
Slightly volatile
Other Assets19.3 M25.6 M14.9 M
Slightly volatile
Long Term Debt780.6 M743.4 M145 M
Slightly volatile
Common Stock Total Equity20.6 K32.2 K17.1 K
Slightly volatile
Short Term Investments365.1 M347.8 M118.7 M
Slightly volatile
Deferred Long Term Liabilities147 K175.9 K118.9 K
Slightly volatile
Property Plant And Equipment Gross294.5 M280.5 M91.8 M
Slightly volatile
Short and Long Term Debt10.9 M10.5 M10.5 M
Very volatile
Intangible Assets689.6 K775.8 K846.8 K
Slightly volatile
Property Plant Equipment47.6 M87 M39.9 M
Slightly volatile
Long Term Debt Total25.1 M31.4 M31.4 M
Very volatile
Capital Surpluse920.6 M876.7 M390 M
Slightly volatile
Net Invested Capital890.4 M848 M284.6 M
Slightly volatile
Net Working Capital645.9 M615.1 M213.8 M
Slightly volatile
Capital Stock30.2 K35.6 K26 K
Slightly volatile
Capital Lease Obligations74.8 M81.4 M91.8 M
Slightly volatile

IRhythm Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization27.8 M26.5 M9.4 M
Slightly volatile
Total Revenue784.5 M747.1 M250.6 M
Slightly volatile
Gross Profit553.6 M527.2 M173.7 M
Slightly volatile
Other Operating Expenses823.1 M783.9 M297.7 M
Slightly volatile
Research Development88.8 M84.6 M33.5 M
Slightly volatile
Cost Of Revenue230.9 M219.9 M76.8 M
Slightly volatile
Total Operating Expenses592.3 M564.1 M220.9 M
Slightly volatile
Interest Expense13.8 M13.2 M3.9 M
Slightly volatile
Selling General Administrative505.4 M481.3 M188.2 M
Slightly volatile
Income Tax Expense553.7 K953 K634.3 K
Very volatile
Interest Income26.5 M25.2 M5.9 M
Slightly volatile
Reconciled Depreciation31.1 M29.6 M9.6 M
Slightly volatile
Tax Provision359.7 K649.8 K214.7 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 Compensation91.7 M87.4 M32.1 M
Slightly volatile
Begin Period Cash Flow440.6 M419.6 M79.6 M
Slightly volatile
Depreciation31.1 M29.6 M9.5 M
Slightly volatile
Capital Expenditures48.7 M46.3 M16.3 M
Slightly volatile
End Period Cash Flow247.8 M236 M82.7 M
Slightly volatile
Change To Netincome98 M93.3 M39 M
Slightly volatile
Cash Flows Other Operating65.8 M62.7 M25.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio10.697.60078.4429
Slightly volatile
Days Sales Outstanding59.4836.984760.3116
Slightly volatile
Stock Based Compensation To Revenue0.080.140.0966
Slightly volatile
Capex To Depreciation3.122.12.781
Slightly volatile
EV To Sales10.878.26358.5641
Slightly volatile
Inventory Turnover14.2610.16412.8362
Very volatile
Days Of Inventory On Hand23.4535.911129.2358
Pretty Stable
Payables Turnover10297.468125.5095
Slightly volatile
Research And Ddevelopement To Revenue0.180.11320.1725
Slightly volatile
Capex To Revenue0.04460.0620.0505
Slightly volatile
Cash Per Share19.1518.24038.4909
Slightly volatile
Days Payables Outstanding3.563.744824.6329
Slightly volatile
Intangibles To Total Assets8.0E-48.0E-40.0213
Slightly volatile
Current Ratio4.764.62684.0775
Pretty Stable
Receivables Turnover5.829.86896.6415
Slightly volatile
Capex Per Share1.521.4480.6534
Slightly volatile
Revenue Per Share24.5123.345111.8048
Slightly volatile
Interest Debt Per Share24.4223.25777.3649
Slightly volatile
Debt To Assets0.750.71680.4381
Pretty Stable
Operating Cycle91.7372.895890.065
Slightly volatile
Days Of Payables Outstanding3.563.744824.6329
Slightly volatile
Ebt Per Ebit1.191.18441.1096
Slightly volatile
Quick Ratio4.634.48443.9464
Pretty Stable
Net Income Per E B T0.811.02190.992
Slightly volatile
Cash Ratio1.781.55381.6367
Very volatile
Cash Conversion Cycle61.7769.15163.8792
Slightly volatile
Days Of Inventory Outstanding23.4535.911129.2358
Pretty Stable
Days Of Sales Outstanding59.4836.984760.3116
Slightly volatile
Fixed Asset Turnover3.673.862715.7991
Slightly volatile
Debt Ratio0.750.71680.4381
Pretty Stable
Price Sales Ratio10.697.60078.4429
Slightly volatile
Asset Turnover0.940.73250.9107
Slightly volatile
Gross Profit Margin0.530.70570.6097
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 B1.8 B
Slightly volatile

IRhythm Fundamental Market Drivers

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 Revenue4.2 M2.1 M
Total Revenue747.1 M784.5 M
Cost Of Revenue219.9 M230.9 M
Stock Based Compensation To Revenue 0.14  0.08 
Research And Ddevelopement To Revenue 0.11  0.18 
Capex To Revenue 0.06  0.04 
Revenue Per Share 23.35  24.51 
Ebit Per Revenue(0.05)(0.05)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Health Care Equipment & Supplies sector continue expanding? Could IRhythm diversify its offerings? Factors like these will boost the valuation of IRhythm Technologies. Market participants price IRhythm higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every IRhythm Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.62)
Revenue Per Share
23.345
Quarterly Revenue Growth
0.271
Return On Assets
(0.02)
Return On Equity
(0.37)
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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. Meanwhile, IRhythm Technologies' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.