Skip to content
iRadimed logo

iRadimed

IRMD

iRadimed Corporation develops, manufactures, and distributes specialized medical devices designed to operate safely within the high-strength magnetic fields of Magnetic Resonance Imaging (MRI) environments.

Market cap
$1.22B+63.8%
Revenue$86.3M+14.8%
Net income$23.6M+19.3%
Free cash flow$24.5M+67.6%
EPS (diluted)$1.83+18.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 31, 2026 (In 2 days)
Revenue estimate$20.4M
EPS estimate$0.42

Financials

Q1 2026

Income statement

See full
Revenue$22.0M+12.6%
Gross profit$16.8M+13.3%
Operating income$7.2M+33.2%
Net income$5.8M+24.1%
EPS (diluted)$0.45+21.6%

Balance sheet

See full
Cash & equivalents$56.4M+12.0%
Total equity$98.5M+9.4%
Total assets$114.4M+12.4%

Cash flow

See full
Operating cash flow$8.3M+93.2%
CapEx$403.0K-89.1%
Free cash flow$7.9M+1,226%

Valuation & ratios

Valuation

See full
Market cap$1.22B+63.8%
P/E51.5×+16.3×
P/S14.1×+4.7×

Profitability

See full
Gross margin76.8%-0.1pp
Operating margin32.4%+2.3pp
Net margin27.4%+1.0pp
FCF margin28.4%+8.9pp

Returns & leverage

See full
Return on equity25%+1.2pp
Current ratio7.1×-1.7×

Segments

By product

See full
MRI Compatible IV Infusion Pumps$7.7M+27.8%
MRI Compatible Patient Vital Signs Monitoring Systems$7.1M+8.6%
Disposables$4.9M
Services and other$1.0M
Amortization of extended maintenance agreements$659.0K

Competitors

Profile

iRadimed Corporation develops, manufactures, and distributes specialized medical devices designed to operate safely within the high-strength magnetic fields of Magnetic Resonance Imaging (MRI) environments. The company's core value proposition centers on providing non-magnetic infusion pumps and patient monitoring systems that eliminate the safety risks and technical interference associated with standard medical equipment. Their solutions enable continuous critical care and vital signs monitoring for sedated or critically ill patients during MRI procedures.

Competitive position

iRadimed holds a unique market position as the only known provider of non-magnetic IV infusion pumps and competes as a specialized alternative to larger, general-purpose medical device conglomerates.

GeographiesUnited States, Europe, Asia
Customer segmentsHealthcare Providers, Hospitals
Business modelManufacturing, Razor-and-blade, Direct-to-hospital
SuppliersElectronic component manufacturers, Non-ferrous material suppliers, Specialized battery manufacturers, Contract sub-assembly providers
CustomersHospital radiology departments, Intensive Care Units (ICU), Emergency Rooms (ER), Outpatient imaging centers
Listed2014
Employees148.0
CEORoger E. Susi
FilingsSEC EDGAR

Questions, answered.

What is iRadimed's market cap?
iRadimed (IRMD) has a market capitalization of $1.2B and trades on NASDAQ.
What is iRadimed's revenue and profitability?
iRadimed generated $86.3M in trailing twelve-month revenue with net income of $23.6M, representing a net margin of 27.4%. Gross margin stands at 76.8%, with free cash flow of $24.5M. These figures are based on the Q1 2026 filing.
Who are iRadimed's competitors?
iRadimed's key competitors include Koninklijke Philips NV, GE Healthcare Technologies, Merit Medical Systems Inc, and others. These companies compete in similar markets and product categories.
Who does iRadimed partner with?
iRadimed's notable partners include Masimo.
Where is iRadimed headquartered?
iRadimed is headquartered in United States of America and employs approximately 148 people. It has been publicly traded since 2014.