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iRhythm Holdings, Inc. IRTC Provision for credit losses and contractual allowances

Provision for credit losses and contractual allowances at other companies

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Other financials

Income statement

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Revenue$199.4M+25.7%
Gross profit$141.4M+29.4%
Operating income-$16.2M+50.3%
Net income-$13.9M+54.6%
EPS (diluted)-$0.43+55.7%

Balance sheet

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Cash & equivalents$248.5M-35.2%
Total debt$79.0M-10.5%
Total equity$161.2M+86.0%
Total assets$1.0B+8.7%

Cash flow

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Operating cash flow-$26.2M-232%
CapEx$6.9M-26.7%
Free cash flow-$33.1M-91.1%

Valuation

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Market cap$3.62B+16.0%

Profitability

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Gross margin71%+1.6pp
Operating margin-5.5%-2.2pp
Net margin-7.3%-3.1pp
FCF margin2.4%

Returns & leverage

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Return on equity-53.1%-17.4pp
Debt / equity0.5×-0.5×
Current ratio5.2×-0.5×

Where this comes from

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

Tagged under the XBRL concept irtc:ProvisionForCreditLossesAndContractualAllowance.

The official record: iRhythm Holdings, Inc. ’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is iRhythm Holdings, Inc. 's provision for credit losses and contractual allowances?
iRhythm Holdings, Inc. (IRTC) reported provision for credit losses and contractual allowances of $27.84M in Q1 2026.
How has iRhythm Holdings, Inc. 's provision for credit losses and contractual allowances changed year-over-year?
iRhythm Holdings, Inc. 's provision for credit losses and contractual allowances decreased by 5.4% year-over-year, from $29.43M to $27.84M.
What does provision for credit losses and contractual allowances mean?
This represents the estimated expense recognized for potential uncollectible accounts receivable and contractual adjustments related to payer reimbursements. It serves as a valuation allowance that reduces the carrying amount of accounts receivable to their net realizable value. High levels may indicate deteriorating credit quality or challenges in the healthcare billing and reimbursement cycle.