For the year ending 2025-12-31, IRTC made $747,138K in revenue. -$44,551K in net income. Net profit margin of -5.96%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue, net | 747,138 | 591,839 | ||
| Cost of revenue | 219,888 | 184,308 | ||
| Gross profit | 527,250 | 407,531 | ||
| Impairment and restructuring charges | - | 641 | ||
| Research and development | 84,610 | 71,459 | ||
| Acquired in-process research and development | 3,036 | 32,371 | ||
| Selling, general and administrative | 492,553 | 418,565 | ||
| Impairment charges | 4,458 | - | ||
| Total operating expenses | 584,657 | 523,036 | ||
| Loss from operations | -57,407 | -115,505 | ||
| Interest income | 21,521 | 21,938 | ||
| Interest expense | 13,154 | 12,821 | ||
| Loss on extinguishment of debt | 0 | -7,589 | ||
| Other income (expense), net | 5,442 | 1,253 | ||
| Total interest and other income (expense), net | 13,809 | 2,781 | ||
| Loss before income taxes | -43,598 | -112,724 | ||
| Income tax provision | 953 | 565 | ||
| Net loss | -44,551 | -113,289 | ||
| Net loss per common share, basic (in usd per share) | -1.39 | -3.63 | ||
| Net loss per common share, diluted (in usd per share) | -1.39 | -3.63 | ||
| Weighted-average shares, basic (in shares) | 32,004,000 | 31,196,000 | ||
| Weighted-average shares, diluted (in shares) | 32,004,000 | 31,196,000 | ||
iRhythm Technologies, Inc. (IRTC)
iRhythm Technologies, Inc. (IRTC)