Company research
iRhythm Holdings, Inc.
CIK 1388658Updated Sep 26, 2026
SecurityIRTC · NASDAQ · equity
Name history
IRhythm Technologies, Inc. · through Jan 12, 2026iRhythm Technologies, Inc. · through Jan 12, 2026IRhythm Technologies Inc · through May 18, 2010
IRTC price & chart
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NASDAQ:IRTC on TradingView ↗In the news
Kuehn Law Encourages Investors of iRhythm Technologies, Inc. to Contact Law Firm ↗
iRhythm to Acquire VitalConnect, Expanding Its Cardiac Monitoring Platform Across Ambulatory, Inpatient and Hospital-to-Home Care ↗
Did iRhythm Technologies, Inc. Insiders Breach their Fiduciary Duties to Shareholders? ↗
Recent filings
Regulation FD Disclosure
Items 7.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
Entry into a Material Definitive Agreement · Results of Operations and Financial Condition · Regulation FD Disclosure
Items 1.01, 2.02, 7.01, 9.01
Show 5 more recent filings
4 filing
4 filing
4 filing
Material Cybersecurity Incidents
Items 1.05
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,020,042,000Source | 931,449,000Source | 433,144,000Source | 448,222,000Source |
| Property, Plant and Equipment, NetUSD | 151,599,000Source | 125,092,000Source | 104,114,000Source | 75,670,000Source |
| GoodwillUSD | 862,000Source | 862,000Source | 862,000Source | 862,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 236,012,000Source | 419,597,000Source | 36,173,000Source | 78,832,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 75,706,000Source | 79,941,000Source | 61,484,000Source | 49,918,000Source |
| Inventory, NetUSD | 21,634,000Source | 14,039,000Source | 13,973,000Source | 15,155,000Source |
| Assets, CurrentUSD | 702,765,000Source | 645,819,000Source | 230,812,000Source | 288,772,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 21,662,000Source | 16,286,000Source | 21,591,000Source | 10,555,000Source |
| Operating Lease, Right-of-Use AssetUSD | 41,827,000Source | 47,564,000Source | 49,317,000Source | 60,666,000Source |
| Other Assets, NoncurrentUSD | 44,718,000Source | 41,852,000Source | 48,039,000Source | 22,252,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 867,296,000Source | 840,541,000Source | 223,047,000Source | 208,410,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 32,000Source | 31,000Source | 31,000Source | 28,000Source |
| Retained Earnings (Accumulated Deficit)USD | -803,446,000Source | -758,895,000Source | -645,606,000Source | -522,200,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 403,000Source | 165,000Source | -112,000Source | -396,000Source |
| Stockholders' Equity Attributable to ParentUSD | 152,746,000Source | 90,908,000Source | 210,097,000Source | 239,812,000Source |
| Additional Paid in Capital, Common StockUSD | 980,757,000Source | 874,607,000Source | 855,784,000Source | 762,380,000Source |
| Liabilities and EquityUSD | 1,020,042,000Source | 931,449,000Source | 433,144,000Source | 448,222,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 151,890,000Source | 110,920,000Source | 107,370,000Source | 89,096,000Source |
| Operating Lease, Liability, CurrentUSD | 16,686,000Source | 15,867,000Source | 15,159,000Source | 13,031,000Source |
| Accounts Payable, CurrentUSD | 2,256,000Source | 7,221,000Source | 5,543,000Source | 7,517,000Source |
| Operating Lease, Liability, NoncurrentUSD | 64,994,000Source | 74,599,000Source | 79,715,000Source | 83,072,000Source |
| Other Liabilities, NoncurrentUSD | 908,000Source | 8,579,000Source | 1,012,000Source | 1,307,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 128,747,000Source | 84,900,000Source | 83,362,000Source | 65,497,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 490,174,000Source | 317,178,000Source | 110,185,000Source | 158,575,000Source |
| Deferred Tax Liabilities, NetUSD | 21,778,000Source | 12,094,000Source | 12,005,000Source | 24,133,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 34,950,000Source | 34,935,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -44,551,000Source | -113,289,000Source | -123,406,000Source | -116,155,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 20,700,000Source | 20,700,000Source | 16,300,000Source | 13,400,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 88,283,000Source | 75,978,000Source | 77,204,000Source | 57,740,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 95,431,000Source | 91,920,000Source | 81,193,000Source | 61,837,000Source |
| Increase (Decrease) in InventoriesUSD | 8,512,000Source | 224,000Source | -979,000Source | 5,108,000Source |
| Increase (Decrease) in Accounts PayableUSD | 28,044,000Source | -7,408,000Source | -1,973,000Source | -2,993,000Source |
| Deferred Income Tax Expense (Benefit)USD | 118,000Source | -127,000Source | 0Source | -2,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 80,863,000Source | 3,390,000Source | -50,101,000Source | -23,012,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -277,056,000Source | -122,983,000Source | -1,209,000Source | -52,434,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 46,342,000Source | 33,942,000Source | 40,424,000Source | 29,830,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 0Source | 0Source |
| Payments for Repurchase of Common StockUSD | 0Source | 25,000,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 12,607,000Source | 511,381,000Source | 8,820,000Source | 26,716,000Source |
| Repayments of Long-term DebtUSD | — | — | 0Source | 21,389,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -183,585,000Source | 391,782,000Source | -42,659,000Source | -48,730,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 244,370,000Source | 427,955,000Source | 36,173,000Source | 78,832,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 9,919,000Source | 6,389,000Source | 2,960,000Source | 3,317,000Source |
| Income Taxes Paid, NetUSD | 1,196,000Source | 923,000Source | 1,130,000Source | 287,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 2,600,000Source | 2,700,000Source | — | — |
| Share-based Payment Arrangement, ExpenseUSD | 88,283,000Source | 75,978,000Source | 77,204,000Source | 57,740,000Source |
| AssetAcquisitionContingentConsiderationLiabilityUSD | 20,407,000Source | — | — | — |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 490,174,000Source | 317,178,000Source | 110,185,000Source | 158,575,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 5,711,000Source | 1,902,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -7,589,000Source | — | — |
| GoodwillUSD | 862,000Source | 862,000Source | 862,000Source | 862,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 600,000Source | — | — |
| Income Tax Expense (Benefit)USD | 953,000Source | 565,000Source | 750,000Source | 269,000Source |
| InterestExpenseNonoperatingUSD | 13,154,000Source | 12,821,000Source | — | — |
| Investment Income, InterestUSD | 21,521,000Source | 21,938,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -44,551,000Source | -113,289,000Source | -123,406,000Source | -116,155,000Source |
| Nonoperating Income (Expense)USD | 13,809,000Source | 2,781,000Source | — | — |
| Operating ExpensesUSD | 584,657,000Source | 523,036,000Source | 456,967,000Source | 395,416,000Source |
| Other Nonoperating Income (Expense)USD | 5,442,000Source | 1,253,000Source | 6,155,000Source | 2,036,000Source |
| Payments of Financing CostsUSD | — | — | 0Source | 77,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
| Restructuring Costs and Asset Impairment ChargesUSD | — | 641,000Source | 11,078,000Source | 26,608,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 747,138,000Source | 591,839,000Source | 492,681,000Source | 410,921,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 492,553,000Source | 418,565,000Source | 385,645,000Source | 322,198,000Source |
| Operating Income (Loss)USD | -57,407,000Source | -115,505,000Source | -125,161,000Source | -113,784,000Source |
| Other Nonoperating Income (Expense)USD | 5,442,000Source | 1,253,000Source | 6,155,000Source | 2,036,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -43,598,000Source | -112,724,000Source | -122,656,000Source | -115,886,000Source |
| Income Tax Expense (Benefit)USD | 953,000Source | 565,000Source | 750,000Source | 269,000Source |
| Net Income (Loss) Attributable to ParentUSD | -44,551,000Source | -113,289,000Source | -123,406,000Source | -116,155,000Source |
| Earnings Per Share, BasicUSD per share | -1.39Source | -3.63Source | -4.04Source | -3.88Source |
| Earnings Per Share, DilutedUSD per share | -1.39Source | -3.63Source | -4.04Source | -3.88Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 32,004,000Source | 31,196,000Source | 30,528,000Source | 29,915,720Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 32,004,000Source | 31,196,000Source | 30,528,000Source | 29,915,720Source |
| Interest Expense (non-operating)USD | 13,154,000Source | 12,821,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 835,000Source | 692,000Source | 750,000Source | 271,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 20,742,000Source | 20,715,000Source | 16,348,000Source | 13,405,000Source |
| Gross ProfitUSD | 527,250,000Source | 407,531,000Source | 331,806,000Source | 281,632,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -45,602,000Source | -114,203,000Source | -122,974,000Source | — |
| Interest ExpenseUSD | — | — | 3,650,000Source | 4,138,000Source |
| Interest Expense, DebtUSD | — | — | 3,400,000Source | — |
| Investment Income, InterestUSD | 21,521,000Source | 21,938,000Source | — | — |
| Nonoperating Income (Expense)USD | 13,809,000Source | 2,781,000Source | — | — |
| Operating ExpensesUSD | 584,657,000Source | 523,036,000Source | 456,967,000Source | 395,416,000Source |
| Research and Development ExpenseUSD | — | — | 60,244,000Source | 46,610,000Source |