What are iRhythm Holdings, Inc. 's profit margins?

Gross margin is 71.0% and operating margin is -5.5%, with a -7.3% net margin.

Where does iRhythm Holdings, Inc. 's income statement data come from?

Every line is extracted from iRhythm Holdings, Inc. 's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

iRhythm Holdings, Inc. IRTC Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$787.85M+5.4%	$747.14M+6.3%	$702.57M+6.9%	$657.23M+6.2%	$618.59M+4.5%
Total cost of revenue	$228.46M+3.9%	$219.89M+5.6%	$208.31M+4.9%	$198.61M+4.9%	$189.36M+2.7%
Gross profit	$559.39M+6.1%	$527.25M+6.7%	$494.26M+7.8%	$458.62M+6.8%	$429.23M+5.3%
Gross margin	71%+0.4pp	70.6%+0.2pp	70.4%+0.6pp	69.8%+0.4pp	69.4%+0.5pp
Research and development	$84.45M-0.2%	$84.61M+2.4%	$82.65M+6.9%	$77.31M+1.7%	$75.98M+6.3%
Selling, general and administrative	$508.48M+3.2%	$492.55M+4.7%	$470.32M+4.6%	$449.48M+4.6%	$429.86M+2.7%
Other operating expenses	$600.42M+2.7%	$584.66M+4.8%	$558.04M-1.1%	$564.27M+4.7%	$539.15M+3.1%
Total operating expenses	$600.42M+2.7%	$584.66M+4.8%	$558.04M-1.1%	$564.27M+4.7%	$539.15M+3.1%
Operating income	-$43.32M+27.4%	-$59.69M+6.4%	-$63.78M+39.6%	-$105.65M+3.9%	-$109.92M+4.8%
Operating margin	-5.5%+2.5pp	-8%+1.1pp	-9.1%+7.0pp	-16.1%+1.7pp	-17.8%+1.7pp
Interest expense	$13.17M+0.1%	$13.15M0.0%	$13.15M-0.4%	$13.2M-0.3%	$13.23M+3.2%
Interest income	$21.48M-0.2%	$21.52M-1.8%	$21.92M-2.3%	$22.44M-5.7%	$23.8M+8.5%
Other income (expense), net	$14.04M+1.7%	$13.81M+6.5%	$12.97M-7.6%	$14.04M+9.7%	$12.8M+360%
Income before income taxes	——	——	-$50.81M+44.5%	-$91.61M+5.7%	-$97.12M+13.8%
Income tax expense	$788K-17.3%	$953K+45.1%	$657K-20.0%	$821K-31.5%	$1.2M+112%
Net income	——	——	-$51.46M+44.3%	-$92.43M+6.0%	-$98.32M+13.2%
Diluted earnings per share	——	——	-$1.61+45.1%	-$2.93+6.7%	-$3.14+13.7%
Basic earnings per share	——	——	-$1.61+45.1%	-$2.93+6.7%	-$3.14+13.7%
Weighted-average shares, diluted	128.7M+0.7%	127.8M+0.6%	126.9M+0.7%	126M+0.7%	125.2M+0.4%
Weighted-average shares, basic	128.7M+0.7%	127.8M+0.6%	126.9M+0.7%	126M+0.7%	125.2M+0.4%
Other income, net (Note 6)	$5.73M+5.3%	$5.44M+29.6%	$4.2M-12.6%	$4.8M+115%	$2.23M+78.2%
Acquired in-process research and development expenses	$3.04M0.0%	$3.04M+16.9%	$2.6M-92.4%	$34.37M+5.2%	$32.67M+0.9%
Research and development expense	$84.45M-0.2%	$84.61M+2.4%	$82.65M+6.9%	$77.31M+1.7%	$75.98M+6.3%
Revenue From Contract With Customer Excluding Assessed Tax	$787.85M+5.4%	$747.14M+6.3%	$702.57M+6.9%	$657.23M+6.2%	$618.59M+4.5%
EBIT	-$43.32M+27.4%	-$59.69M+6.4%	-$63.78M+39.6%	-$105.65M+3.9%	-$109.92M+4.8%
EBITDA	-$22.75M+41.6%	-$38.95M+9.4%	-$43M+49.4%	-$84.91M+4.7%	-$89.13M+6.0%
EBITDA	-$22.75M+41.6%	-$38.95M+9.4%	-$43M+49.4%	-$84.91M+4.7%	-$89.13M+6.0%
EBITDA margin	-2.9%+2.3pp	-5.2%+0.9pp	-6.1%+6.8pp	-12.9%+1.5pp	-14.4%+1.6pp
EBIT	-$43.32M+27.4%	-$59.69M+6.4%	-$63.78M+39.6%	-$105.65M+3.9%	-$109.92M+4.8%

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Questions, answered.

What are iRhythm Holdings, Inc. 's profit margins?: Gross margin is 71.0% and operating margin is -5.5%, with a -7.3% net margin.
Where does iRhythm Holdings, Inc. 's income statement data come from?: Every line is extracted from iRhythm Holdings, Inc. 's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.