Iradimed (IRMD) Tax Rate (2013 - 2026)
Iradimed's Tax Rate came in at 24.25% for Q2 2026, up 3.05 percentage points from 21.20% a year earlier but down 0.87 percentage points from the prior quarter.
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Analysis
Iradimed (IRMD) Tax Rate (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Iradimed reported Tax Rate of 22.49%, up 1.84 percentage points year-over-year; for FY2025, it came in at 20.74%, down 0.03 percentage points from FY2024.
- Tax Rate carries a five-year change of -301.19 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 20.77% in FY2024 (-0.14 pp), 20.91% in FY2023 (+0.19 pp), 20.72% in FY2022 (+15.52 pp) and 5.19% in FY2021 (-316.73 pp).
- The five-year range for quarterly Tax Rate is -25.03% (Q4 2021) to 25.11% (Q1 2026).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 52.06 percentage points), and the weakest in Q4 2021 (a drop of 29.11 percentage points).
- Business Quant data shows IRMD's Tax Rate at 25.11% (Q1 2026), 17.31% (Q4 2025) and 23.58% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | Iradimed | 1.11 Bn | 882.40 Mn | 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 | 17.31% |
| Sep 30, 2025 | 23.58% |
| Jun 30, 2025 | 21.20% |
| Mar 31, 2025 | 21.16% |
| Dec 31, 2024 | 18.87% |
| Sep 30, 2024 | 21.33% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 21.11% |
| Dec 31, 2023 | 20.10% |
| 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% |
| Sep 30, 2021 | 16.73% |
| Jun 30, 2021 | 20.87% |
API Access
Iradimed Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();