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iRhythm Holdings, Inc. IRTC Contracted third-party payors — Revenue, net

Other product segments

CMS
$58.55M
Customer A
$37.78M+18.7%
Non-contracted third-party payors
$14.06M+11.1%

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Other financials

Income statement

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Revenue$224.2M+20.1%
Gross profit$163.2M+22.8%
Operating income-$2.5M+86.4%
Net income-$381.0K+97.3%
EPS (diluted)-$0.01+97.7%

Balance sheet

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Cash & equivalents$255.0M-19.7%
Total debt$76.3M-12.1%
Total equity$186.0M+79.4%
Total assets$1.1B+13.4%

Cash flow

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Operating cash flow$51.1M+84.7%
CapEx$13.6M+30.8%
Free cash flow$37.5M+117%

Valuation

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Market cap$4.21B-16.0%
Enterprise value$4.03B-15.7%
P/S5.1×-2.5×

Profitability

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Gross margin71.5%+1.7pp
Operating margin-3.3%-1.5pp
Net margin-7.3%-3.1pp
FCF margin4.7%

Returns & leverage

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Return on equity-53.1%-17.4pp
Debt / equity0.4×-0.4×
Current ratio3.9×-1.2×

Where this comes from

Reported directly by iRhythm Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: iRhythm Holdings, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001388658-26-000072
Line itemThree Months Ended June 30, 2026 / AmountThree Months Ended June 30, 2026 / % of RevenueThree Months Ended June 30, 2025 / AmountThree Months Ended June 30, 2025 / % of RevenueSix Months Ended June 30, 2026 / AmountSix Months Ended June 30, 2026 / % of RevenueSix Months Ended June 30, 2025 / AmountSix Months Ended June 30, 2025 / % of Revenue
Contracted third-party payors$113,78351%$97,71952%$220,58852%$181,52252%
Centers for Medicare & Medicaid Services58,55026%44,48124%109,93826%82,59324%
Healthcare institutions37,78217%31,83017%67,93616%58,50317%
Non-contracted third-party payors14,0576%12,6577%25,1006%22,7467%
Total$224,172$186,687$423,562$345,364

Item 1. Financial Statements (Unaudited):

FAQ

What is iRhythm Holdings, Inc.'s contracted third-party payors — revenue, net?
iRhythm Holdings, Inc. (IRTC) reported contracted third-party payors — revenue, net of $113.78M in Q2 2026.
How has iRhythm Holdings, Inc.'s contracted third-party payors — revenue, net changed year-over-year?
iRhythm Holdings, Inc.'s contracted third-party payors — revenue, net increased by 16.4% year-over-year, from $97.72M to $113.78M.
What is the long-term trend for iRhythm Holdings, Inc.'s contracted third-party payors — revenue, net?
Over 4 years (2021 to 2025), iRhythm Holdings, Inc.'s contracted third-party payors — revenue, net has grown at a 19.3% compound annual growth rate (CAGR), from $193.87M to $392.23M.
What does contracted third-party payors — revenue, net mean?
This metric represents the net revenue generated from services provided to patients covered by contracted third-party insurance providers. It reflects the company's ability to successfully negotiate reimbursement agreements and capture market share within the commercial healthcare insurance landscape. Growth in this figure indicates successful adoption of the company's diagnostic services among insured populations and effective revenue cycle management.

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