Iradimed (IRMD) Tax Rate (2013 - 2026)
Iradimed's (IRMD) quarterly Tax Rate came in at 24.25% in Q2 2026, up 305.0% year-over-year from 5.99% in Q2 2025, and down 3.45% quarter-over-quarter from 25.11% in Q1 2026.
Analysis
Iradimed (IRMD) Tax Rate (2013 - 2026) Analysis & Trends
Iradimed (IRMD) has reported Tax Rate for 14 consecutive years, with 24.25% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 305.0% year-over-year to 24.25% in Q2 2026; TTM through Jun 2026 was 22.75%, a 59.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, down 264.0% from the prior year.
- Tax Rate was 24.25% for Q2 2026 at Iradimed, down from 25.11% in the prior quarter.
- Over five years, Tax Rate peaked at 45.13% in Q4 2023 and troughed at 18.27% in Q4 2025.
- A 5-year average of 23.27% and a median of 21.51% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 4692 bps in 2022 and plunged 1525 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 21.9% in 2022, then soared by 106 bps to 45.13% in 2023, then slumped by 34 bps to 29.87% in 2024, then slumped by 39 bps to 18.27% in 2025, then jumped by 33 bps to 24.25% in 2026.
- The last three Tax Rate figures came in at 24.25% (Q2 2026), 25.11% (Q1 2026), and 18.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | Iradimed | 1.07 Bn | 1.01 Bn | 15.16 Mn | 24.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.25% |
| Mar 31, 2026 | 25.11% |
| Dec 31, 2025 | 18.27% |
| Sep 30, 2025 | 23.58% |
| Jun 30, 2025 | 21.20% |
| Mar 31, 2025 | 21.16% |
| Dec 31, 2024 | 29.87% |
| Sep 30, 2024 | 21.33% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 21.11% |
| Dec 31, 2023 | 45.13% |
| Sep 30, 2023 | 20.93% |
| Jun 30, 2023 | 21.11% |
| Mar 31, 2023 | 21.69% |
| Dec 31, 2022 | 21.90% |
| Sep 30, 2022 | 19.12% |
| Jun 30, 2022 | 22.46% |
| Mar 31, 2022 | 18.74% |
| Dec 31, 2021 | -25.03% |
| Sep 30, 2021 | 16.73% |