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

Other product segments

Contracted third-party payors
$113.78M+16.4%
CMS
$58.55M
Customer A
$37.78M+18.7%

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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 non-contracted third-party payors — revenue, net?
iRhythm Holdings, Inc. (IRTC) reported non-contracted third-party payors — revenue, net of $14.06M in Q2 2026.
How has iRhythm Holdings, Inc.'s non-contracted third-party payors — revenue, net changed year-over-year?
iRhythm Holdings, Inc.'s non-contracted third-party payors — revenue, net increased by 11.1% year-over-year, from $12.66M to $14.06M.
What is the long-term trend for iRhythm Holdings, Inc.'s non-contracted third-party payors — revenue, net?
Over 4 years (2021 to 2025), iRhythm Holdings, Inc.'s non-contracted third-party payors — revenue, net has grown at a 16.7% compound annual growth rate (CAGR), from $26.93M to $49.94M.
What does non-contracted third-party payors — revenue, net mean?
This metric represents the net revenue generated from healthcare services provided to patients covered by insurance entities with which the company does not have a formal, negotiated network contract. It reflects the company's ability to monetize diagnostic services through out-of-network billing arrangements or individual case agreements. Monitoring this revenue stream is critical for assessing the company's market reach and the impact of reimbursement dynamics on top-line growth.

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